# employee retention

RMB180m in Bonuses and a Mountain of Cash: How a Henan Crane Maker Rewrote the Rules on Pay

Henan Mining Crane Co. distributed RMB60m in cash at an annual meeting and RMB180m in total year‑end bonuses, equal to two‑thirds of 2025 net profit, benefiting over 7,000 employees. The move—driven by majority owner Cui Peijun and paired with commission‑heavy incentive structures and labour‑sensitive policies—highlights a pragmatic approach to retention and productivity amid broader cost‑cutting in Chinese manufacturing.