On the evening of April 29, Three Squirrels (300783) announced their intention to implement a stock option incentive plan to grant 2,438,600 stock options to core executives through targeted stock issuance, accounting for 0.61% of the total share capital. Among them, the number of stock options granted for the first time was 2,218,600, with a total of 96 incentive targets. The exercise price was 24.02 yuan/share, and the rights will be exercised in three installments after 12 months from the date of authorization; at the same time, the company plans to implement an employee stock ownership plan, with a maximum of 237.978 million yuan. It will use 12.01 yuan/share to buy back no more than 1,981,500 shares of the company's shares in the special account, accounting for 0.49% of the total share capital.