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Yu Donglai discloses the distribution plan of Pang Donglai's 3.8 billion assets, allocating it to all employees based on their positions. Previously, more than 80% of the company's staff refused to accept "salary cuts and additional leave."
On March 8th, Yu Donglai, the founder of Pang Donglai, shared his experience on social media again. He stated that since 2000, the company has distributed profits to all employees based on their positions, earning respect and care from staff and building trust. The goal is to stimulate everyone’s positive thinking and creativity, and to inspire learning and practicing a scientific and beautiful way of life. Management accounts for 50%, and employees account for 50%.
Yu Donglai also mentioned that in the future, these assets will be used as company equity, with 50% of annual profits given as bonuses to the team and 50% returned to shareholders.
According to the asset distribution details disclosed by Yu Donglai, Pang Donglai Group has a total of 10,194 employees, with total assets of 3,792.9 million yuan (about 3.79 billion yuan). Specifically, the management team consists of 718 people, with assets totaling 1,514.1 million yuan, including store managers, assistants, and department heads; the technical team has 563 people, with assets of 468.2 million yuan; frontline employees total 8,913, with assets of 1,810.6 million yuan, including 8,633 regular employees, with assets distributed at an average of 200,000 yuan per person.
Notably, on March 8th, Pang Donglai also released the results of an internal democratic survey related to vacation policies, which attracted widespread attention.
The survey report showed that, when faced with four different “salary reduction and vacation increase” plans, as many as 82.38% (7,979 people) of employees voted for “Plan 1,” which maintains the current salary and vacation system. Meanwhile, 17.62% of employees chose various degrees of salary reduction and vacation increase, such as a 500 yuan monthly salary decrease or an additional 10 days of vacation.
Pang Donglai’s data also indicated that 97.55% of employees are “very satisfied” or “relatively satisfied” with the current 40-day annual vacation arrangement; at the same time, about 94% of employees are satisfied with the current 7-hour daily work schedule and arrangements.