×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
13
Nov 2026
weather symbol
Athens 20°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> World

CEO in China gives away €22 million in cash bonuses — Employees took as much as they could hold

This amount is equivalent to 70% of the total profits of Henan Kuangshan Crane Co., Ltd. for 2025

Newsroom February 26 08:56

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

China’s Henan Kuangshan Crane Co., Ltd. went viral on social media after its CEO decided to hand out 22 million in bonuses, with 7.3 million of it given at an event with a special condition that employees get as much money as they could carry with their hands.

The celebration at which the peculiar distribution took place on February 13. At it 800 tables were set up to accommodate about 7,000 people.

According to the South China Morning Post, the company, founded in September 2002, had a total profit of 33 million euros for 2025, meaning nearly 70% of that was shared among its 7,000 employees

>Related articles

Benefits instead of salary increases: Why companies are turning to meal vouchers and bonuses

Glovo in Italy to be placed under judicial review for exploitative working conditions

How much the new minimum wage cost businesses – Detailed breakdown of net salaries, bonuses, and seniority pay

It is a company that manufactures and offers crane services with a presence in more than 130 countries around the world.

As reported by the Chinese newspaper, in March 2025 the same company had distributed 195,000 euros as a bonus to 2,000 female employees on the occasion of Women’s Day

As a result of these practices, the company’s CEO has been described as “the boss who most loves to hand out money” with him responding that “it’s not that I like handing out money, but young people are burdened with car loans and mortgages and any relief we can offer helps.”

Ask me anything

Explore related questions

#bonuses#working conditions
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Self-employed to pay less tax in 2027 as surcharges on imputed income are scrapped

November 13, 2026

Marc poll: One in three households faces financial hardship, while 59.9% want wage and pension rises to tackle high prices

November 13, 2026

Eretria’s Roman baths to be restored and brought back to prominence

November 13, 2026

Greek frigate Nearchos begins maiden voyage under Greek flag to collect its weapons in Brest

November 13, 2026

Melbourne’s best homemade pita crowned at Great Greek Pita Bake Off

November 13, 2026

Bild reveals Russia’s demands in Abu Dhabi: Finland to leave NATO, Baltic bases to be removed

November 13, 2026

Mystery over disappearance of $9billion Hermès heir’s fortune as court orders psychiatric assessment of 83-year-old

November 13, 2026

Kikilias: Tender approved for two state-of-the-art offshore patrol vessels over 80 metres long

November 13, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα