New Delhi, Sept. 8 -- A Chinese technology company has attracted attention after offering one million yuan (about Rs.1.23 crore) in bonuses to encourage its staff to lose weight.

Shenzhen-based Arashi Vision Inc., better known as Insta360, launched its annual "Million Yuan Weight Loss Challenge" on August 12, according to the South China Morning Post. The initiative is designed to motivate employees to live healthier lives through regular exercise and a balanced diet.

Under the rules, any employee can register, and for every 0.5 kg lost, they earn 500 yuan (roughly Rs.6,100).

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This year, a Gen-Z employee, Xie Yaqi, was named "Weight Loss Ch...