Yu Donglai discloses the distribution plan for Pang Donglai's 3.8 billion assets, with employees accounting for nearly 50%. Eight employees refuse salary cuts and additional leave.

On March 8th, Founder Yu Donglai of Pang Donglai shared his experience on social media again.

According to his introduction, company assets will be distributed roughly 50% to the management team and 50% to employees. In the future, these assets will serve as company equity, with 50% of annual profits used to give bonuses to the team and 50% distributed to shareholders. He also stated that since 2000, the company has allocated profits based on positions to all employees, earning their respect, care, and trust.

Screenshot from Yu Donglai’s personal social media account

The asset distribution details show that Pang Donglai Group has a total of 10,194 employees, with total assets of approximately 3.793 billion yuan.

The management team consists of 718 people, accounting for 7.0% of the total group, with assets worth about 1.514 billion yuan, representing 39.9%.

The technical team has 563 members, making up 5.5% of the group, with assets around 468 million yuan, or 12.3%.

Frontline employees total 8,913, accounting for 87.4% of the group, with assets of 1.811 billion yuan, or 47.7%. Among them, 8,633 are regular employees, with assets allocated at an average of 200,000 yuan per person, accounting for 45.5% of the group’s total assets.

On the same day, Pang Donglai also released the results of an internal democratic survey on vacation policies. The survey was conducted from February 23 to 24, 2026, among all 10,214 formal contract employees across all business units, with 9,686 valid responses received.

The survey report examined four different aspects of the company’s “salary reduction and vacation increase” plan. The final results showed that 82.38% of employees voted to maintain the current salary and vacation system.

Regarding satisfaction with the current vacation policy, 78.83% of employees are very satisfied with the current 40-day annual leave. 62.24% consider 40 days as the ideal annual leave, 25.38% prefer 50 days, and 11.46% opt for 60 days or more.

Ultimately, Pang Donglai announced that the current vacation policy will continue to be implemented.

According to Red Star Capital Bureau’s 2024 report, Pang Donglai employees’ “annual leave” is not an extra leave based on “weekend double days + statutory holidays.” Several employees told Red Star Capital Bureau that they have one day off per week, and aside from the 5-day Spring Festival holiday, no other statutory holidays are observed.

On February 11th, Yu Donglai announced on social media that he would retire after the New Year. He will become an advisor, and Pang Donglai’s operations will be overseen by the decision-making committee.

On February 12th, Yu Donglai reiterated that no matter when in the future, the top management of Pang Donglai must step down before the age of 60 to maintain a young and dynamic team.

Public information shows that Yu Donglai was born in 1966, turning 60 this year. In June 2023, he announced his retirement, but he has not stopped working, stating that he will focus his energy on building and spreading life philosophies, with 80% of business operations handed over.

By 2025, Pang Donglai’s total sales exceeded 23.531 billion yuan. In March of the same year, Yu Donglai publicly stated that the company’s net profit margin is 5%. “Our planned sales for 2025 are within 20 billion yuan, aiming to keep it around that range, which would mean a net profit of 1 billion yuan.”

Editor: Tao Yueyang, compiled from Jiemian News, Daily Economic News, and others

Reviewed by: Guan Li