Business Philosophy

A recent interview with Yu Donglai, Chairman of Pang Dong Lai, reveals the company’s emphasis on high employee compensation. Yu believes that treating employees well leads to excellent customer service and sustainable growth. In 2024-2025, entry-level salaries averaged around 9,000 yuan monthly, while management and technical staff earned significantly more, averaging 700,000 yuan annually. Yu argues this “high-wage, high-benefit” model fosters a virtuous cycle, benefiting both employees and the company’s bottom line, projecting 1.5 billion yuan in net profit.