1.8 billion won in return on investment, the CEO who distributed it to employees...I thought you were drunk
May 09, 2025
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According to Hong Kong media South China Morning Post, Liu Mingjun, the head of the Longhe supermarket chain headquartered in Shaanxi Province, China, made a total of 9.13 million yuan (about 1.78 billion won) in gold futures investment over a year.
The former musician founded the Ronghe supermarket chain back in 2021. Currently, there are 33 stores in Shaanxi Province, with a total of 2040 employees working.
Liu said "I've been trading futures for 20 years, but this is the first time I've ever made this much money."
He distributed the generated profits to store employees as well as cleaners and cooks.
Employees who worked for more than two years received 10,000 yuan (about 1.94 million won), and employees who worked for one to two years received 2,000 yuan and two days off as 'Travel Allowance'.
Those with less than one year of service also received a salary of 1,000 yuan and two days off.
Online videos showed bundles of cash piled up on the table, and employees lined up with joy.
An employee said "When I first heard the news, I thought the boss was drunk."
"We didn't distribute money to motivate employees to work harder, but we realized our long-held goals," Liu said.
Earlier in staff training, he said, `If one day I get rich, I'll share it with everyone. It comes from the heart and is not an empty promise.'
He also added that "we will do our best to make our employees happy" and that "this revenue distribution will not be the last.""
He also announced plans to open and expand a branch in Henan Province.
"If employees wait patiently, they will share profits in the future" he said, ""We keep the business going thanks to more than 2,000 employees. Therefore, we will do our best to ensure the welfare of our employees."
The company's story received great attention online.
Many netizens are responding, such as "It's my dream company", "If I worked here, I would have worked 10 times harder", "I envy my employees".
This article was translated by Naver AI translator.
