信达证券发布乖宝宠物研报：发布股票激励计划，激发核心团队积极性

Group 1 - The company has announced the second phase of its restricted stock incentive plan, which aims to drive continuous growth in revenue and profit [2] - The company's self-owned brand is showing strong growth trends in sales [2] - The data empowerment system and research capabilities are creating product advantages for the company [2] Group 2 - The overseas production capacity expansion is progressing smoothly, with limited short-term impact expected on the OEM business [2]