The party was organized by Henan Mine, a crane manufacturer based in central China
A company in China has sparked controversy after it piled wads of cash on stage at a party and handed out millions of yuan to its employees as bonuses. South China Morning Mail reported. The company piled a mountain of 61 million yuan (Rs 73,78,48,939) in notes nearly seven feet high at the company’s annual party.
According to the report, the party was hosted by Henan Mine, a crane manufacturer based in central China, after having a profitable year. The company’s top three sales managers each received the highest award of five million yuan (Rs 6,04,60,138).
Meanwhile, more than 30 others received at least one million yuan (Rs 1,20,91,847), Jemian News reported, citing an unnamed manager of the company’s public relations department.
“We held a year-end sales meeting on the night of January 17, giving a total of 61 million yuan to 40 sales managers,” the person said. SCMP. Not only that, there was also a competition where employees competed to see how many 100 yuan bills they could count in a given amount of time.
The photos and videos of the unusual celebration have gone viral on social media websites in China, sparking disbelief and criticism.
One person wrote on Weibo, “I can’t even fantasize about a scene like that.” While another said, “I don’t understand. The beneficiaries have to return the money to the bank to deposit it after going to the trouble of collecting and counting all the money from the bank.”
Founded in 2002, the Henan Mine company employs more than 5,100 workers, according to its official website. The company recorded revenue of 9.16 billion yuan (Rs 1,10,75,56,08,359) in 2022, an increase of 23 percent compared to the previous year. There have been no layoffs at the company in the past three years.
”Our main products are single girder and double girder overhead cranes, gantry cranes, grab cranes, jib cranes, explosion-proof cranes, etc., and related accessories,” reads the About Us section of the company’s website.
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