Before Unitree Robotics' IPO, one number stands out: out of 480 employees, only 14 received equity incentives, with a coverage rate of about 2.9%. What's even more noteworthy is that 9 out of the 23 employees who were previously granted incentives have already left the company. Although the company has reserved 9.54% of equity for future employee incentives, as it aims for a market cap of 100 billion, Unitree's highly concentrated 'elite equity' model has sparked new discussions about how employees can share in the company's growth dividends.