Company Hands Out Record Rs 236 Crore in Year-End Bonuses

Henan Kuangshan Crane Co., Ltd. Year-End Bonuses Exceed 180 Million Yuan

Financial Highlights

• 180 million yuan (US$26 million or Rs 235.82 crore) in year-end bonuses distributed to employees
• 270 million yuan (US$38 million / Rs 344.46 crore) in profits for 2025
• 70% of profits distributed among 7,000 employees
• 98.88% ownership stake held by CEO Cui Peijun

Company Overview

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Henan Kuangshan Crane Co., Ltd. is a Chinese firm established in September 2002. The company manufactures and provides services for cranes and material handling, products, and operations in over 130 countries worldwide.

Year-End Bonuses

The company's year-end gala on February 13 saw the distribution of more than 60 million yuan (US$8.7 million) in cash bonuses to employees. The event allowed employees to come on stage to receive their reward, and in interactive sessions, they counted the cash themselves and could keep whatever they tallied.

Previous Year's Bonuses

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In 2024, the company recorded a net profit of 260 million yuan (US$38 million / Rs 344.46 crore) and shared 170 million yuan with its employees. The company also rewarded nearly 1.6 million yuan (US$230,000) in bonuses to 2,000 women employees earlier in March.

CEO's Perspective

The company's frequent cash rewards have led to the nickname "the boss who loves giving out money the most". However, CEO Cui Peijun attributes this to the financial burdens faced by young people, stating that any relief offered by the company helps.