In the condition that ESO is recognized as equity, we can draw a conclusion that fair value is the best way for stock option measurement, and the "grant date" is the optimal measurement date.

在经理人股票期权被确认为权益的前提下，本文得出了公允价值法是股票期权的最佳计量方法，授予日是股票期权最佳计量日的结论。

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The exercise price of any option granted to you will be the closing price of a common stock on the date of grant.

不管何种认购权，其行权价都是A股普通股认购权授予当天的收市价。

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That was when option awards were determined and then the date on which the stock price was lowest was chosen as the grant date, thus maximizing the potential for profit.

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