“Take as much as you can”: Chinese company hands out millions
Every year, Henan Kuangshan Crane Co., Ltd. distributes large cash bonuses to its employees during a corporate celebration held in connection with the Chinese New Year. This year, total payouts reached $26 million, Qazinform News Agency reports.
During the company’s annual gala, large sums of cash were laid out on tables. The total amount distributed on-site was around $26 million.
About 7,000 employees attended the event, with more than 800 banquet tables set up for guests. As part of the festive program, workers were offered an interactive bonus format: they were allowed to take home as much money as they could collect by hand within a limited time.
Including additional payments made outside the event, total annual bonuses amounted to nearly 70 percent of the company’s profit. By the end of 2025, the company’s profit was estimated at approximately $37–38 million.
Founded in 2002, Henan Kuangshan Crane Co., Ltd. specializes in the manufacturing and servicing of cranes and material handling equipment. Its products are supplied to more than 130 countries worldwide.
Earlier, Qazinform News Agency reported that Kazakhstan’s system of rewarding athletes for victories at major international competitions is considered among the most generous in the world.