Abstract: Talent incentive mechanism is one of the important links in technological structuring reform. Stock option incentive mechanism combines employees and the enterprise into a community of shared interests, effectively attracting talents and promoting business growth and and long-term development of the enterprise. China introduced stock option incentive mechanism from the 1990s and released a series of the related policies and documents. The incentive mechanism has been tested by the local governments and enterprises with continual efforts for improvements and perfection. Currently, it has become a widely-used and mature pattern for talent incentive. This paper makes briefings about the connotations and methods of stock option incentive mechanism as well as how it has been adopted both inside and outside China. It also elaborates the policies and the key points of stock option incentive mechanisms suitable for enterprises of the three different types -- state-owned technological enterprises, state-owned holding mixed ownership enterprises and state-owned holding listed enterprises. As an important and backbone stateowned enterprise, CNPC is now in its key transformation stage and qualified for stock option incentive reform in terms of the policy environment and the internal infrastructure. The affiliated scientific research institutes have urgent demands for stock option incentive mechanism. Taking advantage of the opportunity to develop towards the world’s first-class enterprise, CNPC should now accelerate research on the policies of stock option incentive and select the appropriate enterprises to pilot the incentive mechanism. They should determine the incentive targets strictly according to the requirements, formulate the appropriate requirements for examination of business performance, establish the smooth withdrawal mechanism, strictly implement the procedures for examination and approval, and reasonably solve the related bottlenecks in the efforts to further motivate the professionals for technological innovation and fuel high-quality development of enterprises.

摘要： 人才激励是科技体制机制改革非常重要的一环。股权激励将员工与企业结成利益共同体，能 有效稳定人才队伍，促进企业业绩增长和长远发展。我国自20 世纪90 年代引入股权激励以来，出台了一 系列相关政策文件，地方政府和企业不断探索和试点、整改和完善，现已成为应用广泛、较为成熟的人才 激励方式。文章介绍了股权激励内涵、方式及国内外实施情况，梳理了我国目前适用于国有科技型企业、 国有控股混合所有制企业、国有控股上市公司3 种不同企业的股权激励政策及其核心要点。中国石油作为 国有重要骨干企业，正处于转型关键期，从政策环境、内部基础看，股权激励改革时机成熟、条件具备， 直属科研院所对股权激励需求迫切。当前，中国石油应抓住创建世界一流示范企业的契机，加快股权激励 政策研究，选取合适的科技型企业开展试点，按要求严格确定激励对象，确定适度的业绩考核要求，建立 畅通的退出机制，严格执行审批程序，妥善解决相关难题，以期进一步激发科技人员创新创效活力，全面 推进企业高质量发展。

关键词: 科技型企业, 体制机制, 改革, 股权激励, 试点