What is the background and significance of the approval of the Securities and Futures Commission for the trading of soybean meal and sugar options by Dashang Institute and Zhengshang Institute respectively? China Securities Regulatory Commission officially approved Zhengzhou Commodity Exchange to carry out white sugar option trading and Dalian Commodity Exchange to carry out soybean meal option trading, which is of great significance to the steady and healthy development of the domestic derivatives market. With the listing of option products in the future, it will provide investors with more diversified, personalized and refined risk management tools, and also make the domestic risk management market system more perfect, further expanding the depth and breadth of derivative tools serving the real economy. At the same time, as a risk management tool, option has the characteristics of pertinence and convenience, which is conducive to reducing the risk management cost of agriculture-related enterprises, improving the efficiency of risk management and serving agriculture, countryside and farmers more effectively.