Employee Stock Ownership Plans (ESOPs) are perhaps one of the most discussed topics in modern corporate management over the past thirty years, and a crucial topic of negotiation between investors and founders in every investment and financing project. Professionals naturally assume that ESOPs can retain talent, motivate staff, and mobilize manpower, thus achieving a win-win-win situation for the company, shareholders, and employees. But what does the actual implementation look like? When studying this series of courses, especially in understanding the operation of employee stock ownership incentives, we should consider the following question and assumption: The essence of employee stock ownership incentives is to inspire employees to work with an entrepreneurial spirit and allow them to participate in the distribution of surplus value. A successfully implemented stock ownership plan is one that encourages more people to participate.