id	sid	tid	token	lemma	pos
fbem-20440	1	1	frontiers	frontier	NOUN
fbem-20440	1	2	in	in	ADP
fbem-20440	1	3	business	business	NOUN
fbem-20440	1	4	,	,	PUNCT
fbem-20440	1	5	economics	economic	NOUN
fbem-20440	1	6	and	and	CCONJ
fbem-20440	1	7	management	management	NOUN
fbem-20440	1	8	issn	issn	PROPN
fbem-20440	1	9	:	:	PUNCT
fbem-20440	1	10	2766	2766	NUM
fbem-20440	1	11	-	-	PUNCT
fbem-20440	1	12	824x	824x	NUM
fbem-20440	1	13	|	|	ADJ
fbem-20440	1	14	vol	vol	NOUN
fbem-20440	1	15	.	.	PUNCT
fbem-20440	2	1	14	14	NUM
fbem-20440	2	2	,	,	PUNCT
fbem-20440	2	3	no	no	INTJ
fbem-20440	2	4	.	.	NOUN
fbem-20440	2	5	3	3	NUM
fbem-20440	2	6	,	,	PUNCT
fbem-20440	2	7	2024	2024	NUM
fbem-20440	2	8	69	69	NUM
fbem-20440	2	9	study	study	NOUN
fbem-20440	2	10	on	on	ADP
fbem-20440	2	11	the	the	DET
fbem-20440	2	12	influence	influence	NOUN
fbem-20440	2	13	of	of	ADP
fbem-20440	2	14	digital	digital	ADJ
fbem-20440	2	15	transformation	transformation	NOUN
fbem-20440	2	16	on	on	ADP
fbem-20440	2	17	the	the	DET
fbem-20440	2	18	financial	financial	ADJ
fbem-20440	2	19	performance	performance	NOUN
fbem-20440	2	20	of	of	ADP
fbem-20440	2	21	wuliangye	wuliangye	PROPN
fbem-20440	2	22	ping	ping	PROPN
fbem-20440	2	23	qin	qin	PROPN
fbem-20440	2	24	,	,	PUNCT
fbem-20440	2	25	yang	yang	PROPN
fbem-20440	2	26	li	li	PROPN
fbem-20440	2	27	college	college	PROPN
fbem-20440	2	28	of	of	ADP
fbem-20440	2	29	management	management	PROPN
fbem-20440	2	30	,	,	PUNCT
fbem-20440	2	31	sichuan	sichuan	PROPN
fbem-20440	2	32	university	university	PROPN
fbem-20440	2	33	of	of	ADP
fbem-20440	2	34	science	science	NOUN
fbem-20440	2	35	and	and	CCONJ
fbem-20440	2	36	engineering	engineering	NOUN
fbem-20440	2	37	,	,	PUNCT
fbem-20440	2	38	yibin	yibin	PROPN
fbem-20440	2	39	,	,	PUNCT
fbem-20440	2	40	china	china	PROPN
fbem-20440	2	41	abstract	abstract	NOUN
fbem-20440	2	42	:	:	PUNCT
fbem-20440	2	43	with	with	ADP
fbem-20440	2	44	the	the	DET
fbem-20440	2	45	development	development	NOUN
fbem-20440	2	46	of	of	ADP
fbem-20440	2	47	the	the	DET
fbem-20440	2	48	internet	internet	NOUN
fbem-20440	2	49	and	and	CCONJ
fbem-20440	2	50	big	big	ADJ
fbem-20440	2	51	data	datum	NOUN
fbem-20440	2	52	,	,	PUNCT
fbem-20440	2	53	the	the	DET
fbem-20440	2	54	digital	digital	ADJ
fbem-20440	2	55	transformation	transformation	NOUN
fbem-20440	2	56	of	of	ADP
fbem-20440	2	57	enterprises	enterprise	NOUN
fbem-20440	2	58	has	have	AUX
fbem-20440	2	59	become	become	VERB
fbem-20440	2	60	a	a	DET
fbem-20440	2	61	necessary	necessary	ADJ
fbem-20440	2	62	means	mean	NOUN
fbem-20440	2	63	to	to	PART
fbem-20440	2	64	cope	cope	VERB
fbem-20440	2	65	with	with	ADP
fbem-20440	2	66	the	the	DET
fbem-20440	2	67	changes	change	NOUN
fbem-20440	2	68	of	of	ADP
fbem-20440	2	69	their	their	PRON
fbem-20440	2	70	internal	internal	ADJ
fbem-20440	2	71	and	and	CCONJ
fbem-20440	2	72	external	external	ADJ
fbem-20440	2	73	environment	environment	NOUN
fbem-20440	2	74	and	and	CCONJ
fbem-20440	2	75	improve	improve	VERB
fbem-20440	2	76	their	their	PRON
fbem-20440	2	77	survival	survival	NOUN
fbem-20440	2	78	and	and	CCONJ
fbem-20440	2	79	development	development	NOUN
fbem-20440	2	80	.	.	PUNCT
fbem-20440	3	1	as	as	ADP
fbem-20440	3	2	a	a	DET
fbem-20440	3	3	leader	leader	NOUN
fbem-20440	3	4	in	in	ADP
fbem-20440	3	5	the	the	DET
fbem-20440	3	6	liquor	liquor	NOUN
fbem-20440	3	7	industry	industry	NOUN
fbem-20440	3	8	,	,	PUNCT
fbem-20440	3	9	wuliangye	wuliangye	NOUN
fbem-20440	3	10	has	have	AUX
fbem-20440	3	11	implemented	implement	VERB
fbem-20440	3	12	the	the	DET
fbem-20440	3	13	digital	digital	ADJ
fbem-20440	3	14	transformation	transformation	NOUN
fbem-20440	3	15	of	of	ADP
fbem-20440	3	16	online	online	ADJ
fbem-20440	3	17	and	and	CCONJ
fbem-20440	3	18	offline	offline	ADJ
fbem-20440	3	19	integration	integration	NOUN
fbem-20440	3	20	.	.	PUNCT
fbem-20440	4	1	in	in	ADP
fbem-20440	4	2	wuliangye	wuliangye	NOUN
fbem-20440	4	3	as	as	ADP
fbem-20440	4	4	the	the	DET
fbem-20440	4	5	research	research	NOUN
fbem-20440	4	6	object	object	NOUN
fbem-20440	4	7	,	,	PUNCT
fbem-20440	4	8	from	from	ADP
fbem-20440	4	9	the	the	DET
fbem-20440	4	10	profitability	profitability	NOUN
fbem-20440	4	11	,	,	PUNCT
fbem-20440	4	12	solvency	solvency	NOUN
fbem-20440	4	13	,	,	PUNCT
fbem-20440	4	14	operating	operating	NOUN
fbem-20440	4	15	ability	ability	NOUN
fbem-20440	4	16	and	and	CCONJ
fbem-20440	4	17	growth	growth	NOUN
fbem-20440	4	18	ability	ability	NOUN
fbem-20440	4	19	to	to	PART
fbem-20440	4	20	build	build	VERB
fbem-20440	4	21	financial	financial	ADJ
fbem-20440	4	22	performance	performance	NOUN
fbem-20440	4	23	evaluation	evaluation	NOUN
fbem-20440	4	24	system	system	NOUN
fbem-20440	4	25	,	,	PUNCT
fbem-20440	4	26	analysis	analysis	NOUN
fbem-20440	4	27	of	of	ADP
fbem-20440	4	28	the	the	DET
fbem-20440	4	29	financial	financial	ADJ
fbem-20440	4	30	data	datum	NOUN
fbem-20440	4	31	from	from	ADP
fbem-20440	4	32	2016	2016	NUM
fbem-20440	4	33	to	to	ADP
fbem-20440	4	34	2022	2022	NUM
fbem-20440	4	35	,	,	PUNCT
fbem-20440	4	36	explores	explore	VERB
fbem-20440	4	37	the	the	DET
fbem-20440	4	38	dynamic	dynamic	ADJ
fbem-20440	4	39	change	change	NOUN
fbem-20440	4	40	of	of	ADP
fbem-20440	4	41	wuliangye	wuliangye	NOUN
fbem-20440	4	42	financial	financial	ADJ
fbem-20440	4	43	performance	performance	NOUN
fbem-20440	4	44	,	,	PUNCT
fbem-20440	4	45	and	and	CCONJ
fbem-20440	4	46	compare	compare	VERB
fbem-20440	4	47	the	the	DET
fbem-20440	4	48	digital	digital	ADJ
fbem-20440	4	49	transformation	transformation	NOUN
fbem-20440	4	50	,	,	PUNCT
fbem-20440	4	51	and	and	CCONJ
fbem-20440	4	52	the	the	DET
fbem-20440	4	53	relevant	relevant	ADJ
fbem-20440	4	54	enlightenment	enlightenment	NOUN
fbem-20440	4	55	,	,	PUNCT
fbem-20440	4	56	in	in	ADP
fbem-20440	4	57	order	order	NOUN
fbem-20440	4	58	to	to	PART
fbem-20440	4	59	provide	provide	VERB
fbem-20440	4	60	reference	reference	NOUN
fbem-20440	4	61	for	for	ADP
fbem-20440	4	62	digital	digital	ADJ
fbem-20440	4	63	transformation	transformation	NOUN
fbem-20440	4	64	of	of	ADP
fbem-20440	4	65	liquor	liquor	NOUN
fbem-20440	4	66	industry	industry	NOUN
fbem-20440	4	67	.	.	PUNCT
fbem-20440	5	1	keywords	keyword	NOUN
fbem-20440	5	2	:	:	PUNCT
fbem-20440	5	3	wuliangye	wuliangye	NOUN
fbem-20440	5	4	;	;	PUNCT
fbem-20440	5	5	digital	digital	ADJ
fbem-20440	5	6	;	;	PUNCT
fbem-20440	5	7	financial	financial	ADJ
fbem-20440	5	8	performance	performance	NOUN
fbem-20440	5	9	;	;	PUNCT
fbem-20440	5	10	comparative	comparative	ADJ
fbem-20440	5	11	analysis	analysis	NOUN
fbem-20440	5	12	.	.	PUNCT
fbem-20440	6	1	1	1	X
fbem-20440	6	2	.	.	X
fbem-20440	6	3	foreword	foreword	NOUN
fbem-20440	6	4	with	with	ADP
fbem-20440	6	5	the	the	DET
fbem-20440	6	6	acceleration	acceleration	NOUN
fbem-20440	6	7	of	of	ADP
fbem-20440	6	8	china	china	PROPN
fbem-20440	6	9	's	's	PART
fbem-20440	6	10	digital	digital	ADJ
fbem-20440	6	11	technology	technology	NOUN
fbem-20440	6	12	innovation	innovation	NOUN
fbem-20440	6	13	iteration	iteration	NOUN
fbem-20440	6	14	,	,	PUNCT
fbem-20440	6	15	injecting	inject	VERB
fbem-20440	6	16	strong	strong	ADJ
fbem-20440	6	17	vitality	vitality	NOUN
fbem-20440	6	18	into	into	ADP
fbem-20440	6	19	the	the	DET
fbem-20440	6	20	development	development	NOUN
fbem-20440	6	21	of	of	ADP
fbem-20440	6	22	enterprises	enterprise	NOUN
fbem-20440	6	23	,	,	PUNCT
fbem-20440	6	24	digitalization	digitalization	NOUN
fbem-20440	6	25	is	be	AUX
fbem-20440	6	26	not	not	PART
fbem-20440	6	27	a	a	DET
fbem-20440	6	28	simple	simple	ADJ
fbem-20440	6	29	upgrade	upgrade	NOUN
fbem-20440	6	30	of	of	ADP
fbem-20440	6	31	internet	internet	NOUN
fbem-20440	6	32	technology	technology	NOUN
fbem-20440	6	33	,	,	PUNCT
fbem-20440	6	34	but	but	CCONJ
fbem-20440	6	35	a	a	DET
fbem-20440	6	36	new	new	ADJ
fbem-20440	6	37	upgrade	upgrade	NOUN
fbem-20440	6	38	of	of	ADP
fbem-20440	6	39	the	the	DET
fbem-20440	6	40	whole	whole	ADJ
fbem-20440	6	41	industry	industry	NOUN
fbem-20440	6	42	chain	chain	NOUN
fbem-20440	6	43	.	.	PUNCT
fbem-20440	7	1	since	since	SCONJ
fbem-20440	7	2	2015	2015	NUM
fbem-20440	7	3	,	,	PUNCT
fbem-20440	7	4	the	the	DET
fbem-20440	7	5	chinese	chinese	ADJ
fbem-20440	7	6	government	government	NOUN
fbem-20440	7	7	has	have	AUX
fbem-20440	7	8	continuously	continuously	ADV
fbem-20440	7	9	strengthened	strengthen	VERB
fbem-20440	7	10	the	the	DET
fbem-20440	7	11	role	role	NOUN
fbem-20440	7	12	of	of	ADP
fbem-20440	7	13	data	datum	NOUN
fbem-20440	7	14	technology	technology	NOUN
fbem-20440	7	15	in	in	ADP
fbem-20440	7	16	the	the	DET
fbem-20440	7	17	national	national	ADJ
fbem-20440	7	18	economic	economic	ADJ
fbem-20440	7	19	development	development	NOUN
fbem-20440	7	20	of	of	ADP
fbem-20440	7	21	the	the	DET
fbem-20440	7	22	country	country	NOUN
fbem-20440	7	23	and	and	CCONJ
fbem-20440	7	24	promoted	promote	VERB
fbem-20440	7	25	digital	digital	ADJ
fbem-20440	7	26	transformation	transformation	NOUN
fbem-20440	7	27	.	.	PUNCT
fbem-20440	8	1	in	in	ADP
fbem-20440	8	2	2015	2015	NUM
fbem-20440	8	3	,	,	PUNCT
fbem-20440	8	4	it	it	PRON
fbem-20440	8	5	proposed	propose	VERB
fbem-20440	8	6	the	the	DET
fbem-20440	8	7	"	"	PUNCT
fbem-20440	8	8	national	national	ADJ
fbem-20440	8	9	big	big	ADJ
fbem-20440	8	10	data	data	NOUN
fbem-20440	8	11	strategy	strategy	NOUN
fbem-20440	8	12	"	"	PUNCT
fbem-20440	8	13	,	,	PUNCT
fbem-20440	8	14	and	and	CCONJ
fbem-20440	8	15	the	the	DET
fbem-20440	8	16	19th	19th	ADJ
fbem-20440	8	17	national	national	ADJ
fbem-20440	8	18	congress	congress	PROPN
fbem-20440	8	19	proposed	propose	VERB
fbem-20440	8	20	to	to	PART
fbem-20440	8	21	"	"	PUNCT
fbem-20440	8	22	promote	promote	VERB
fbem-20440	8	23	the	the	DET
fbem-20440	8	24	deep	deep	ADJ
fbem-20440	8	25	integration	integration	NOUN
fbem-20440	8	26	of	of	ADP
fbem-20440	8	27	the	the	DET
fbem-20440	8	28	internet	internet	NOUN
fbem-20440	8	29	,	,	PUNCT
fbem-20440	8	30	big	big	ADJ
fbem-20440	8	31	data	datum	NOUN
fbem-20440	8	32	,	,	PUNCT
fbem-20440	8	33	artificial	artificial	ADJ
fbem-20440	8	34	intelligence	intelligence	NOUN
fbem-20440	8	35	and	and	CCONJ
fbem-20440	8	36	the	the	DET
fbem-20440	8	37	real	real	ADJ
fbem-20440	8	38	economy	economy	NOUN
fbem-20440	8	39	"	"	PUNCT
fbem-20440	8	40	.	.	PUNCT
fbem-20440	9	1	under	under	ADP
fbem-20440	9	2	the	the	DET
fbem-20440	9	3	guidance	guidance	NOUN
fbem-20440	9	4	of	of	ADP
fbem-20440	9	5	the	the	DET
fbem-20440	9	6	national	national	ADJ
fbem-20440	9	7	digital	digital	ADJ
fbem-20440	9	8	economy	economy	NOUN
fbem-20440	9	9	strategy	strategy	NOUN
fbem-20440	9	10	,	,	PUNCT
fbem-20440	9	11	digital	digital	ADJ
fbem-20440	9	12	transformation	transformation	NOUN
fbem-20440	9	13	has	have	AUX
fbem-20440	9	14	become	become	VERB
fbem-20440	9	15	a	a	DET
fbem-20440	9	16	sustainable	sustainable	ADJ
fbem-20440	9	17	evolution	evolution	NOUN
fbem-20440	9	18	process	process	NOUN
fbem-20440	9	19	necessary	necessary	ADJ
fbem-20440	9	20	for	for	SCONJ
fbem-20440	9	21	chinese	chinese	ADJ
fbem-20440	9	22	enterprises	enterprise	NOUN
fbem-20440	9	23	to	to	PART
fbem-20440	9	24	go	go	VERB
fbem-20440	9	25	through	through	ADV
fbem-20440	9	26	.	.	PUNCT
fbem-20440	10	1	at	at	ADP
fbem-20440	10	2	present	present	ADJ
fbem-20440	10	3	,	,	PUNCT
fbem-20440	10	4	enterprises	enterprise	NOUN
fbem-20440	10	5	have	have	AUX
fbem-20440	10	6	adapted	adapt	VERB
fbem-20440	10	7	to	to	ADP
fbem-20440	10	8	the	the	DET
fbem-20440	10	9	development	development	NOUN
fbem-20440	10	10	trend	trend	NOUN
fbem-20440	10	11	of	of	ADP
fbem-20440	10	12	the	the	DET
fbem-20440	10	13	digital	digital	ADJ
fbem-20440	10	14	economy	economy	NOUN
fbem-20440	10	15	era	era	NOUN
fbem-20440	10	16	and	and	CCONJ
fbem-20440	10	17	actively	actively	ADV
fbem-20440	10	18	explore	explore	VERB
fbem-20440	10	19	the	the	DET
fbem-20440	10	20	road	road	NOUN
fbem-20440	10	21	of	of	ADP
fbem-20440	10	22	digital	digital	ADJ
fbem-20440	10	23	transformation	transformation	NOUN
fbem-20440	10	24	and	and	CCONJ
fbem-20440	10	25	upgrading	upgrading	NOUN
fbem-20440	10	26	.	.	PUNCT
fbem-20440	11	1	sichuan	sichuan	PROPN
fbem-20440	11	2	yibin	yibin	PROPN
fbem-20440	11	3	wuliangye	wuliangye	PROPN
fbem-20440	11	4	group	group	PROPN
fbem-20440	11	5	co.	co.	PROPN
fbem-20440	11	6	,	,	PUNCT
fbem-20440	11	7	ltd	ltd	PROPN
fbem-20440	11	8	.	.	PROPN
fbem-20440	11	9	(	(	PUNCT
fbem-20440	11	10	hereinafter	hereinafter	NOUN
fbem-20440	11	11	referred	refer	VERB
fbem-20440	11	12	to	to	ADP
fbem-20440	11	13	as	as	ADP
fbem-20440	11	14	"	"	PUNCT
fbem-20440	11	15	wuliangye	wuliangye	NOUN
fbem-20440	11	16	"	"	PUNCT
fbem-20440	11	17	)	)	PUNCT
fbem-20440	11	18	,	,	PUNCT
fbem-20440	11	19	founded	found	VERB
fbem-20440	11	20	in	in	ADP
fbem-20440	11	21	1998	1998	NUM
fbem-20440	11	22	,	,	PUNCT
fbem-20440	11	23	is	be	AUX
fbem-20440	11	24	a	a	DET
fbem-20440	11	25	typical	typical	ADJ
fbem-20440	11	26	representative	representative	NOUN
fbem-20440	11	27	of	of	ADP
fbem-20440	11	28	luzhou	luzhou	ADJ
fbem-20440	11	29	-	-	PUNCT
fbem-20440	11	30	flavor	flavor	NOUN
fbem-20440	11	31	liquor	liquor	NOUN
fbem-20440	11	32	in	in	ADP
fbem-20440	11	33	china	china	PROPN
fbem-20440	11	34	.	.	PUNCT
fbem-20440	12	1	as	as	ADP
fbem-20440	12	2	the	the	DET
fbem-20440	12	3	first	first	ADJ
fbem-20440	12	4	enterprise	enterprise	NOUN
fbem-20440	12	5	in	in	ADP
fbem-20440	12	6	the	the	DET
fbem-20440	12	7	liquor	liquor	NOUN
fbem-20440	12	8	industry	industry	NOUN
fbem-20440	12	9	,	,	PUNCT
fbem-20440	12	10	wuliangye	wuliangye	NOUN
fbem-20440	12	11	has	have	AUX
fbem-20440	12	12	achieved	achieve	VERB
fbem-20440	12	13	good	good	ADJ
fbem-20440	12	14	financial	financial	ADJ
fbem-20440	12	15	performance	performance	NOUN
fbem-20440	12	16	in	in	ADP
fbem-20440	12	17	its	its	PRON
fbem-20440	12	18	digital	digital	ADJ
fbem-20440	12	19	transformation	transformation	NOUN
fbem-20440	12	20	.	.	PUNCT
fbem-20440	13	1	in	in	ADP
fbem-20440	13	2	2017	2017	NUM
fbem-20440	13	3	,	,	PUNCT
fbem-20440	13	4	in	in	ADP
fbem-20440	13	5	order	order	NOUN
fbem-20440	13	6	to	to	PART
fbem-20440	13	7	better	well	ADV
fbem-20440	13	8	improve	improve	VERB
fbem-20440	13	9	the	the	DET
fbem-20440	13	10	market	market	NOUN
fbem-20440	13	11	competitiveness	competitiveness	NOUN
fbem-20440	13	12	and	and	CCONJ
fbem-20440	13	13	enterprise	enterprise	NOUN
fbem-20440	13	14	value	value	NOUN
fbem-20440	13	15	creation	creation	NOUN
fbem-20440	13	16	ability	ability	NOUN
fbem-20440	13	17	,	,	PUNCT
fbem-20440	13	18	wuliangye	wuliangye	NOUN
fbem-20440	13	19	began	begin	VERB
fbem-20440	13	20	to	to	PART
fbem-20440	13	21	carry	carry	VERB
fbem-20440	13	22	out	out	ADP
fbem-20440	13	23	digital	digital	ADJ
fbem-20440	13	24	transformation	transformation	NOUN
fbem-20440	13	25	and	and	CCONJ
fbem-20440	13	26	achieved	achieve	VERB
fbem-20440	13	27	good	good	ADJ
fbem-20440	13	28	results	result	NOUN
fbem-20440	13	29	.	.	PUNCT
fbem-20440	14	1	the	the	DET
fbem-20440	14	2	successful	successful	ADJ
fbem-20440	14	3	transformation	transformation	NOUN
fbem-20440	14	4	of	of	ADP
fbem-20440	14	5	wuliangye	wuliangye	NOUN
fbem-20440	14	6	digitalization	digitalization	NOUN
fbem-20440	14	7	provides	provide	VERB
fbem-20440	14	8	some	some	DET
fbem-20440	14	9	reference	reference	NOUN
fbem-20440	14	10	significance	significance	NOUN
fbem-20440	14	11	for	for	ADP
fbem-20440	14	12	the	the	DET
fbem-20440	14	13	same	same	ADJ
fbem-20440	14	14	industry	industry	NOUN
fbem-20440	14	15	,	,	PUNCT
fbem-20440	14	16	and	and	CCONJ
fbem-20440	14	17	brings	bring	VERB
fbem-20440	14	18	enlightenment	enlightenment	NOUN
fbem-20440	14	19	for	for	ADP
fbem-20440	14	20	enterprises	enterprise	NOUN
fbem-20440	14	21	in	in	ADP
fbem-20440	14	22	the	the	DET
fbem-20440	14	23	same	same	ADJ
fbem-20440	14	24	industry	industry	NOUN
fbem-20440	14	25	to	to	PART
fbem-20440	14	26	improve	improve	VERB
fbem-20440	14	27	the	the	DET
fbem-20440	14	28	production	production	NOUN
fbem-20440	14	29	efficiency	efficiency	NOUN
fbem-20440	14	30	and	and	CCONJ
fbem-20440	14	31	management	management	NOUN
fbem-20440	14	32	level	level	NOUN
fbem-20440	14	33	,	,	PUNCT
fbem-20440	14	34	and	and	CCONJ
fbem-20440	14	35	further	far	ADV
fbem-20440	14	36	improve	improve	VERB
fbem-20440	14	37	the	the	DET
fbem-20440	14	38	market	market	NOUN
fbem-20440	14	39	competitiveness	competitiveness	NOUN
fbem-20440	14	40	and	and	CCONJ
fbem-20440	14	41	profitability	profitability	NOUN
fbem-20440	14	42	of	of	ADP
fbem-20440	14	43	enterprises	enterprise	NOUN
fbem-20440	14	44	.	.	PUNCT
fbem-20440	15	1	2	2	X
fbem-20440	15	2	.	.	X
fbem-20440	15	3	background	background	NOUN
fbem-20440	15	4	and	and	CCONJ
fbem-20440	15	5	path	path	NOUN
fbem-20440	15	6	analysis	analysis	NOUN
fbem-20440	15	7	of	of	ADP
fbem-20440	15	8	wuliangye	wuliangye	NOUN
fbem-20440	15	9	digital	digital	ADJ
fbem-20440	15	10	transformation	transformation	NOUN
fbem-20440	15	11	affecting	affect	VERB
fbem-20440	15	12	enterprise	enterprise	NOUN
fbem-20440	15	13	financial	financial	ADJ
fbem-20440	15	14	performance	performance	NOUN
fbem-20440	15	15	under	under	ADP
fbem-20440	15	16	the	the	DET
fbem-20440	15	17	background	background	NOUN
fbem-20440	15	18	of	of	ADP
fbem-20440	15	19	digitalization	digitalization	NOUN
fbem-20440	15	20	and	and	CCONJ
fbem-20440	15	21	information	information	NOUN
fbem-20440	15	22	technology	technology	NOUN
fbem-20440	15	23	,	,	PUNCT
fbem-20440	15	24	digital	digital	ADJ
fbem-20440	15	25	transformation	transformation	NOUN
fbem-20440	15	26	has	have	AUX
fbem-20440	15	27	become	become	VERB
fbem-20440	15	28	a	a	DET
fbem-20440	15	29	hot	hot	ADJ
fbem-20440	15	30	academic	academic	ADJ
fbem-20440	15	31	issue	issue	NOUN
fbem-20440	15	32	.	.	PUNCT
fbem-20440	16	1	many	many	ADJ
fbem-20440	16	2	scholars	scholar	NOUN
fbem-20440	16	3	have	have	AUX
fbem-20440	16	4	empirically	empirically	ADV
fbem-20440	16	5	demonstrated	demonstrate	VERB
fbem-20440	16	6	that	that	SCONJ
fbem-20440	16	7	digital	digital	ADJ
fbem-20440	16	8	transformation	transformation	NOUN
fbem-20440	16	9	has	have	VERB
fbem-20440	16	10	a	a	DET
fbem-20440	16	11	positive	positive	ADJ
fbem-20440	16	12	impact	impact	NOUN
fbem-20440	16	13	on	on	ADP
fbem-20440	16	14	the	the	DET
fbem-20440	16	15	financial	financial	ADJ
fbem-20440	16	16	performance	performance	NOUN
fbem-20440	16	17	of	of	ADP
fbem-20440	16	18	enterprises	enterprise	NOUN
fbem-20440	16	19	.	.	PUNCT
fbem-20440	17	1	he	he	PRON
fbem-20440	17	2	fan	fan	PROPN
fbem-20440	17	3	and	and	CCONJ
fbem-20440	17	4	qin	qin	PROPN
fbem-20440	17	5	wei	wei	PROPN
fbem-20440	17	6	(	(	PUNCT
fbem-20440	17	7	2019	2019	NUM
fbem-20440	17	8	)	)	PUNCT
fbem-20440	17	9	obtained	obtain	VERB
fbem-20440	17	10	the	the	DET
fbem-20440	17	11	public	public	ADJ
fbem-20440	17	12	disclosure	disclosure	NOUN
fbem-20440	17	13	data	datum	NOUN
fbem-20440	17	14	of	of	ADP
fbem-20440	17	15	main	main	ADJ
fbem-20440	17	16	board	board	NOUN
fbem-20440	17	17	listed	list	VERB
fbem-20440	17	18	companies	company	NOUN
fbem-20440	17	19	for	for	ADP
fbem-20440	17	20	six	six	NUM
fbem-20440	17	21	consecutive	consecutive	ADJ
fbem-20440	17	22	years	year	NOUN
fbem-20440	17	23	,	,	PUNCT
fbem-20440	17	24	and	and	CCONJ
fbem-20440	17	25	found	find	VERB
fbem-20440	17	26	that	that	SCONJ
fbem-20440	17	27	digital	digital	ADJ
fbem-20440	17	28	transformation	transformation	NOUN
fbem-20440	17	29	has	have	AUX
fbem-20440	17	30	significantly	significantly	ADV
fbem-20440	17	31	improved	improve	VERB
fbem-20440	17	32	the	the	DET
fbem-20440	17	33	economic	economic	ADJ
fbem-20440	17	34	benefits	benefit	NOUN
fbem-20440	17	35	of	of	ADP
fbem-20440	17	36	real	real	ADJ
fbem-20440	17	37	enterprises	enterprise	NOUN
fbem-20440	17	38	through	through	ADP
fbem-20440	17	39	the	the	DET
fbem-20440	17	40	mechanism	mechanism	NOUN
fbem-20440	17	41	of	of	ADP
fbem-20440	17	42	reducing	reduce	VERB
fbem-20440	17	43	costs	cost	NOUN
fbem-20440	17	44	and	and	CCONJ
fbem-20440	17	45	increasing	increase	VERB
fbem-20440	17	46	efficiency	efficiency	NOUN
fbem-20440	17	47	.	.	PUNCT
fbem-20440	18	1	yi	yi	PROPN
fbem-20440	18	2	lixia	lixia	PROPN
fbem-20440	18	3	et	et	PROPN
fbem-20440	18	4	al	al	PROPN
fbem-20440	18	5	.	.	PROPN
fbem-20440	19	1	(	(	PUNCT
fbem-20440	19	2	2021	2021	NUM
fbem-20440	19	3	)	)	PUNCT
fbem-20440	19	4	took	take	VERB
fbem-20440	19	5	the	the	DET
fbem-20440	19	6	shanghai	shanghai	PROPN
fbem-20440	19	7	-	-	PUNCT
fbem-20440	19	8	shenzhen	shenzhen	PROPN
fbem-20440	19	9	a	a	DET
fbem-20440	19	10	-	-	PUNCT
fbem-20440	19	11	share	share	NOUN
fbem-20440	19	12	listed	list	VERB
fbem-20440	19	13	companies	company	NOUN
fbem-20440	19	14	in	in	ADP
fbem-20440	19	15	2017	2017	NUM
fbem-20440	19	16	-	-	SYM
fbem-20440	19	17	2019	2019	NUM
fbem-20440	19	18	as	as	ADP
fbem-20440	19	19	empirical	empirical	ADJ
fbem-20440	19	20	samples	sample	NOUN
fbem-20440	19	21	,	,	PUNCT
fbem-20440	19	22	and	and	CCONJ
fbem-20440	19	23	found	find	VERB
fbem-20440	19	24	that	that	SCONJ
fbem-20440	19	25	digital	digital	ADJ
fbem-20440	19	26	transformation	transformation	NOUN
fbem-20440	19	27	had	have	VERB
fbem-20440	19	28	a	a	DET
fbem-20440	19	29	significant	significant	ADJ
fbem-20440	19	30	positive	positive	ADJ
fbem-20440	19	31	impact	impact	NOUN
fbem-20440	19	32	on	on	ADP
fbem-20440	19	33	the	the	DET
fbem-20440	19	34	business	business	NOUN
fbem-20440	19	35	performance	performance	NOUN
fbem-20440	19	36	of	of	ADP
fbem-20440	19	37	enterprises	enterprise	NOUN
fbem-20440	19	38	by	by	ADP
fbem-20440	19	39	strengthening	strengthen	VERB
fbem-20440	19	40	internal	internal	ADJ
fbem-20440	19	41	control	control	NOUN
fbem-20440	19	42	and	and	CCONJ
fbem-20440	19	43	technological	technological	ADJ
fbem-20440	19	44	innovation	innovation	NOUN
fbem-20440	19	45	,	,	PUNCT
fbem-20440	19	46	and	and	CCONJ
fbem-20440	19	47	the	the	DET
fbem-20440	19	48	performance	performance	NOUN
fbem-20440	19	49	of	of	ADP
fbem-20440	19	50	the	the	DET
fbem-20440	19	51	main	main	ADJ
fbem-20440	19	52	business	business	NOUN
fbem-20440	19	53	continuously	continuously	ADV
fbem-20440	19	54	improved	improve	VERB
fbem-20440	19	55	with	with	ADP
fbem-20440	19	56	the	the	DET
fbem-20440	19	57	increase	increase	NOUN
fbem-20440	19	58	of	of	ADP
fbem-20440	19	59	the	the	DET
fbem-20440	19	60	transformation	transformation	NOUN
fbem-20440	19	61	intensity	intensity	NOUN
fbem-20440	19	62	.	.	PUNCT
fbem-20440	20	1	tian	tian	PROPN
fbem-20440	20	2	meng	meng	PROPN
fbem-20440	20	3	et	et	PROPN
fbem-20440	20	4	al	al	PROPN
fbem-20440	20	5	.	.	PROPN
fbem-20440	20	6	(	(	PUNCT
fbem-20440	20	7	2021	2021	NUM
fbem-20440	20	8	)	)	PUNCT
fbem-20440	20	9	adopted	adopt	VERB
fbem-20440	20	10	the	the	DET
fbem-20440	20	11	method	method	NOUN
fbem-20440	20	12	of	of	ADP
fbem-20440	20	13	empirical	empirical	ADJ
fbem-20440	20	14	research	research	NOUN
fbem-20440	20	15	to	to	PART
fbem-20440	20	16	concluded	conclude	VERB
fbem-20440	20	17	that	that	SCONJ
fbem-20440	20	18	the	the	DET
fbem-20440	20	19	digital	digital	ADJ
fbem-20440	20	20	transformation	transformation	NOUN
fbem-20440	20	21	of	of	ADP
fbem-20440	20	22	enterprises	enterprise	NOUN
fbem-20440	20	23	will	will	AUX
fbem-20440	20	24	have	have	VERB
fbem-20440	20	25	a	a	DET
fbem-20440	20	26	positive	positive	ADJ
fbem-20440	20	27	impact	impact	NOUN
fbem-20440	20	28	on	on	ADP
fbem-20440	20	29	enterprise	enterprise	NOUN
fbem-20440	20	30	value	value	NOUN
fbem-20440	20	31	,	,	PUNCT
fbem-20440	20	32	core	core	NOUN
fbem-20440	20	33	competitiveness	competitiveness	NOUN
fbem-20440	20	34	and	and	CCONJ
fbem-20440	20	35	comprehensive	comprehensive	ADJ
fbem-20440	20	36	strength	strength	NOUN
fbem-20440	20	37	.	.	PUNCT
fbem-20440	21	1	under	under	ADP
fbem-20440	21	2	the	the	DET
fbem-20440	21	3	background	background	NOUN
fbem-20440	21	4	of	of	ADP
fbem-20440	21	5	the	the	DET
fbem-20440	21	6	above	above	ADJ
fbem-20440	21	7	scholars	scholar	NOUN
fbem-20440	21	8	,	,	PUNCT
fbem-20440	21	9	this	this	DET
fbem-20440	21	10	paper	paper	NOUN
fbem-20440	21	11	focuses	focus	VERB
fbem-20440	21	12	on	on	ADP
fbem-20440	21	13	case	case	NOUN
fbem-20440	21	14	analysis	analysis	NOUN
fbem-20440	21	15	,	,	PUNCT
fbem-20440	21	16	and	and	CCONJ
fbem-20440	21	17	focuses	focus	VERB
fbem-20440	21	18	on	on	ADP
fbem-20440	21	19	the	the	DET
fbem-20440	21	20	performance	performance	NOUN
fbem-20440	21	21	and	and	CCONJ
fbem-20440	21	22	effect	effect	NOUN
fbem-20440	21	23	of	of	ADP
fbem-20440	21	24	wuliangye	wuliangye	NOUN
fbem-20440	21	25	's	's	PART
fbem-20440	21	26	digital	digital	ADJ
fbem-20440	21	27	transformation	transformation	NOUN
fbem-20440	21	28	,	,	PUNCT
fbem-20440	21	29	and	and	CCONJ
fbem-20440	21	30	its	its	PRON
fbem-20440	21	31	transformation	transformation	NOUN
fbem-20440	21	32	and	and	CCONJ
fbem-20440	21	33	development	development	NOUN
fbem-20440	21	34	path	path	NOUN
fbem-20440	21	35	is	be	AUX
fbem-20440	21	36	particularly	particularly	ADV
fbem-20440	21	37	important	important	ADJ
fbem-20440	21	38	.	.	PUNCT
fbem-20440	22	1	this	this	DET
fbem-20440	22	2	paper	paper	NOUN
fbem-20440	22	3	shows	show	VERB
fbem-20440	22	4	that	that	SCONJ
fbem-20440	22	5	the	the	DET
fbem-20440	22	6	path	path	NOUN
fbem-20440	22	7	of	of	ADP
fbem-20440	22	8	digital	digital	ADJ
fbem-20440	22	9	transformation	transformation	NOUN
fbem-20440	22	10	affecting	affect	VERB
fbem-20440	22	11	the	the	DET
fbem-20440	22	12	financial	financial	ADJ
fbem-20440	22	13	performance	performance	NOUN
fbem-20440	22	14	of	of	ADP
fbem-20440	22	15	the	the	DET
fbem-20440	22	16	enterprise	enterprise	NOUN
fbem-20440	22	17	can	can	AUX
fbem-20440	22	18	be	be	AUX
fbem-20440	22	19	roughly	roughly	ADV
fbem-20440	22	20	divided	divide	VERB
fbem-20440	22	21	into	into	ADP
fbem-20440	22	22	three	three	NUM
fbem-20440	22	23	aspects	aspect	NOUN
fbem-20440	22	24	,	,	PUNCT
fbem-20440	22	25	namely	namely	ADV
fbem-20440	22	26	,	,	PUNCT
fbem-20440	22	27	optimizing	optimize	VERB
fbem-20440	22	28	the	the	DET
fbem-20440	22	29	brand	brand	NOUN
fbem-20440	22	30	strategy	strategy	NOUN
fbem-20440	22	31	,	,	PUNCT
fbem-20440	22	32	improving	improve	VERB
fbem-20440	22	33	the	the	DET
fbem-20440	22	34	business	business	NOUN
fbem-20440	22	35	decision	decision	NOUN
fbem-20440	22	36	,	,	PUNCT
fbem-20440	22	37	transforming	transform	VERB
fbem-20440	22	38	to	to	ADP
fbem-20440	22	39	modern	modern	ADJ
fbem-20440	22	40	terminal	terminal	ADJ
fbem-20440	22	41	marketing	marketing	NOUN
fbem-20440	22	42	,	,	PUNCT
fbem-20440	22	43	organizational	organizational	ADJ
fbem-20440	22	44	structure	structure	NOUN
fbem-20440	22	45	reengineering	reengineering	NOUN
fbem-20440	22	46	and	and	CCONJ
fbem-20440	22	47	transparency	transparency	NOUN
fbem-20440	22	48	of	of	ADP
fbem-20440	22	49	sales	sale	NOUN
fbem-20440	22	50	channels	channel	NOUN
fbem-20440	22	51	.	.	PUNCT
fbem-20440	23	1	at	at	ADP
fbem-20440	23	2	the	the	DET
fbem-20440	23	3	same	same	ADJ
fbem-20440	23	4	time	time	NOUN
fbem-20440	23	5	,	,	PUNCT
fbem-20440	23	6	the	the	DET
fbem-20440	23	7	impact	impact	NOUN
fbem-20440	23	8	of	of	ADP
fbem-20440	23	9	these	these	DET
fbem-20440	23	10	three	three	NUM
fbem-20440	23	11	aspects	aspect	NOUN
fbem-20440	23	12	of	of	ADP
fbem-20440	23	13	the	the	DET
fbem-20440	23	14	path	path	NOUN
fbem-20440	23	15	will	will	AUX
fbem-20440	23	16	eventually	eventually	ADV
fbem-20440	23	17	affect	affect	VERB
fbem-20440	23	18	the	the	DET
fbem-20440	23	19	change	change	NOUN
fbem-20440	23	20	of	of	ADP
fbem-20440	23	21	the	the	DET
fbem-20440	23	22	financial	financial	ADJ
fbem-20440	23	23	performance	performance	NOUN
fbem-20440	23	24	of	of	ADP
fbem-20440	23	25	enterprises	enterprise	NOUN
fbem-20440	23	26	.	.	PUNCT
fbem-20440	24	1	3	3	X
fbem-20440	24	2	.	.	X
fbem-20440	24	3	wuliangye	wuliangye	PROPN
fbem-20440	24	4	's	's	PART
fbem-20440	24	5	digital	digital	ADJ
fbem-20440	24	6	transformation	transformation	NOUN
fbem-20440	24	7	strategy	strategy	NOUN
fbem-20440	24	8	digital	digital	ADJ
fbem-20440	24	9	transformation	transformation	NOUN
fbem-20440	24	10	is	be	AUX
fbem-20440	24	11	gradually	gradually	ADV
fbem-20440	24	12	becoming	become	VERB
fbem-20440	24	13	a	a	DET
fbem-20440	24	14	trend	trend	NOUN
fbem-20440	24	15	.	.	PUNCT
fbem-20440	25	1	with	with	ADP
fbem-20440	25	2	the	the	DET
fbem-20440	25	3	continuous	continuous	ADJ
fbem-20440	25	4	development	development	NOUN
fbem-20440	25	5	of	of	ADP
fbem-20440	25	6	digital	digital	ADJ
fbem-20440	25	7	economy	economy	NOUN
fbem-20440	25	8	,	,	PUNCT
fbem-20440	25	9	the	the	DET
fbem-20440	25	10	consumer	consumer	NOUN
fbem-20440	25	11	demand	demand	NOUN
fbem-20440	25	12	of	of	ADP
fbem-20440	25	13	users	user	NOUN
fbem-20440	25	14	is	be	AUX
fbem-20440	25	15	also	also	ADV
fbem-20440	25	16	changing	change	VERB
fbem-20440	25	17	greatly	greatly	ADV
fbem-20440	25	18	,	,	PUNCT
fbem-20440	25	19	and	and	CCONJ
fbem-20440	25	20	the	the	DET
fbem-20440	25	21	core	core	NOUN
fbem-20440	25	22	competitiveness	competitiveness	NOUN
fbem-20440	25	23	of	of	ADP
fbem-20440	25	24	enterprises	enterprise	NOUN
fbem-20440	25	25	has	have	AUX
fbem-20440	25	26	changed	change	VERB
fbem-20440	25	27	from	from	ADP
fbem-20440	25	28	the	the	DET
fbem-20440	25	29	traditional	traditional	ADJ
fbem-20440	25	30	"	"	PUNCT
fbem-20440	25	31	manufacturing	manufacturing	NOUN
fbem-20440	25	32	capability	capability	NOUN
fbem-20440	25	33	"	"	PUNCT
fbem-20440	25	34	to	to	ADP
fbem-20440	25	35	"	"	PUNCT
fbem-20440	25	36	service	service	NOUN
fbem-20440	25	37	capability	capability	NOUN
fbem-20440	25	38	+	+	CCONJ
fbem-20440	25	39	digital	digital	ADJ
fbem-20440	25	40	capability	capability	NOUN
fbem-20440	25	41	+	+	CCONJ
fbem-20440	25	42	manufacturing	manufacturing	NOUN
fbem-20440	25	43	capability	capability	NOUN
fbem-20440	25	44	"	"	PUNCT
fbem-20440	25	45	.	.	PUNCT
fbem-20440	26	1	as	as	ADP
fbem-20440	26	2	liquor	liquor	NOUN
fbem-20440	26	3	industry	industry	NOUN
fbem-20440	26	4	leading	lead	VERB
fbem-20440	26	5	digital	digital	ADJ
fbem-20440	26	6	transformation	transformation	NOUN
fbem-20440	26	7	,	,	PUNCT
fbem-20440	26	8	the	the	DET
fbem-20440	26	9	transformation	transformation	NOUN
fbem-20440	26	10	of	of	ADP
fbem-20440	26	11	70	70	NUM
fbem-20440	26	12	wuliangye	wuliangye	NOUN
fbem-20440	26	13	is	be	AUX
fbem-20440	26	14	comprehensive	comprehensive	ADJ
fbem-20440	26	15	,	,	PUNCT
fbem-20440	26	16	not	not	PART
fbem-20440	26	17	only	only	ADV
fbem-20440	26	18	in	in	ADP
fbem-20440	26	19	the	the	DET
fbem-20440	26	20	intelligent	intelligent	ADJ
fbem-20440	26	21	manufacturing	manufacturing	NOUN
fbem-20440	26	22	technology	technology	NOUN
fbem-20440	26	23	,	,	PUNCT
fbem-20440	26	24	and	and	CCONJ
fbem-20440	26	25	in	in	ADP
fbem-20440	26	26	optimizing	optimize	VERB
fbem-20440	26	27	the	the	DET
fbem-20440	26	28	process	process	NOUN
fbem-20440	26	29	of	of	ADP
fbem-20440	26	30	internal	internal	ADJ
fbem-20440	26	31	business	business	NOUN
fbem-20440	26	32	process	process	NOUN
fbem-20440	26	33	,	,	PUNCT
fbem-20440	26	34	change	change	VERB
fbem-20440	26	35	the	the	DET
fbem-20440	26	36	traditional	traditional	ADJ
fbem-20440	26	37	sales	sale	NOUN
fbem-20440	26	38	model	model	NOUN
fbem-20440	26	39	,	,	PUNCT
fbem-20440	26	40	try	try	VERB
fbem-20440	26	41	new	new	ADJ
fbem-20440	26	42	business	business	NOUN
fbem-20440	26	43	model	model	NOUN
fbem-20440	26	44	,	,	PUNCT
fbem-20440	26	45	to	to	PART
fbem-20440	26	46	improve	improve	VERB
fbem-20440	26	47	the	the	DET
fbem-20440	26	48	core	core	NOUN
fbem-20440	26	49	competitiveness	competitiveness	NOUN
fbem-20440	26	50	of	of	ADP
fbem-20440	26	51	enterprises	enterprise	NOUN
fbem-20440	26	52	in	in	ADP
fbem-20440	26	53	the	the	DET
fbem-20440	26	54	market	market	NOUN
fbem-20440	26	55	,	,	PUNCT
fbem-20440	26	56	keep	keep	VERB
fbem-20440	26	57	their	their	PRON
fbem-20440	26	58	liquor	liquor	NOUN
fbem-20440	26	59	brand	brand	NOUN
fbem-20440	26	60	leading	lead	VERB
fbem-20440	26	61	position	position	NOUN
fbem-20440	26	62	.	.	PUNCT
fbem-20440	27	1	3.1	3.1	NUM
fbem-20440	27	2	.	.	X
fbem-20440	27	3	optimize	optimize	VERB
fbem-20440	27	4	the	the	DET
fbem-20440	27	5	brand	brand	NOUN
fbem-20440	27	6	strategy	strategy	NOUN
fbem-20440	27	7	and	and	CCONJ
fbem-20440	27	8	improve	improve	VERB
fbem-20440	27	9	the	the	DET
fbem-20440	27	10	business	business	NOUN
fbem-20440	27	11	decisions	decision	NOUN
fbem-20440	27	12	in	in	ADP
fbem-20440	27	13	2015	2015	NUM
fbem-20440	27	14	,	,	PUNCT
fbem-20440	27	15	wuliangye	wuliangye	NOUN
fbem-20440	27	16	implemented	implement	VERB
fbem-20440	27	17	the	the	DET
fbem-20440	27	18	"	"	PUNCT
fbem-20440	27	19	1	1	NUM
fbem-20440	27	20	+	+	SYM
fbem-20440	27	21	5	5	NUM
fbem-20440	27	22	+	+	CCONJ
fbem-20440	27	23	n	n	CCONJ
fbem-20440	27	24	"	"	PUNCT
fbem-20440	27	25	strategy	strategy	NOUN
fbem-20440	27	26	.	.	PUNCT
fbem-20440	28	1	at	at	ADP
fbem-20440	28	2	the	the	DET
fbem-20440	28	3	business	business	NOUN
fbem-20440	28	4	decision	decision	NOUN
fbem-20440	28	5	-	-	PUNCT
fbem-20440	28	6	making	make	VERB
fbem-20440	28	7	level	level	NOUN
fbem-20440	28	8	,	,	PUNCT
fbem-20440	28	9	the	the	DET
fbem-20440	28	10	business	business	NOUN
fbem-20440	28	11	decisionmaking	decisionmake	VERB
fbem-20440	28	12	objectives	objective	NOUN
fbem-20440	28	13	were	be	AUX
fbem-20440	28	14	decomposed	decompose	VERB
fbem-20440	28	15	into	into	ADP
fbem-20440	28	16	multiple	multiple	ADJ
fbem-20440	28	17	levels	level	NOUN
fbem-20440	28	18	,	,	PUNCT
fbem-20440	28	19	and	and	CCONJ
fbem-20440	28	20	the	the	DET
fbem-20440	28	21	objectives	objective	NOUN
fbem-20440	28	22	and	and	CCONJ
fbem-20440	28	23	tasks	task	NOUN
fbem-20440	28	24	were	be	AUX
fbem-20440	28	25	linked	link	VERB
fbem-20440	28	26	to	to	ADP
fbem-20440	28	27	costs	cost	NOUN
fbem-20440	28	28	.	.	PUNCT
fbem-20440	29	1	in	in	ADP
fbem-20440	29	2	2016	2016	NUM
fbem-20440	29	3	,	,	PUNCT
fbem-20440	29	4	wuliangye	wuliangye	NOUN
fbem-20440	29	5	further	far	ADV
fbem-20440	29	6	optimized	optimize	VERB
fbem-20440	29	7	its	its	PRON
fbem-20440	29	8	brand	brand	NOUN
fbem-20440	29	9	strategy	strategy	NOUN
fbem-20440	29	10	,	,	PUNCT
fbem-20440	29	11	established	establish	VERB
fbem-20440	29	12	the	the	DET
fbem-20440	29	13	"	"	PUNCT
fbem-20440	29	14	1	1	NUM
fbem-20440	29	15	+	+	NUM
fbem-20440	29	16	3	3	NUM
fbem-20440	29	17	+	+	SYM
fbem-20440	29	18	5	5	NUM
fbem-20440	29	19	"	"	PUNCT
fbem-20440	29	20	brand	brand	NOUN
fbem-20440	29	21	combination	combination	NOUN
fbem-20440	29	22	,	,	PUNCT
fbem-20440	29	23	and	and	CCONJ
fbem-20440	29	24	at	at	ADP
fbem-20440	29	25	the	the	DET
fbem-20440	29	26	level	level	NOUN
fbem-20440	29	27	of	of	ADP
fbem-20440	29	28	business	business	NOUN
fbem-20440	29	29	decision	decision	NOUN
fbem-20440	29	30	-	-	PUNCT
fbem-20440	29	31	making	making	NOUN
fbem-20440	29	32	,	,	PUNCT
fbem-20440	29	33	tried	try	VERB
fbem-20440	29	34	out	out	ADP
fbem-20440	29	35	the	the	DET
fbem-20440	29	36	corporate	corporate	ADJ
fbem-20440	29	37	management	management	NOUN
fbem-20440	29	38	of	of	ADP
fbem-20440	29	39	the	the	DET
fbem-20440	29	40	brewing	brewing	NOUN
fbem-20440	29	41	workshop	workshop	NOUN
fbem-20440	29	42	,	,	PUNCT
fbem-20440	29	43	designated	designate	VERB
fbem-20440	29	44	small	small	ADJ
fbem-20440	29	45	accounting	accounting	NOUN
fbem-20440	29	46	units	unit	NOUN
fbem-20440	29	47	and	and	CCONJ
fbem-20440	29	48	paid	pay	VERB
fbem-20440	29	49	attention	attention	NOUN
fbem-20440	29	50	to	to	ADP
fbem-20440	29	51	cost	cost	VERB
fbem-20440	29	52	management	management	NOUN
fbem-20440	29	53	and	and	CCONJ
fbem-20440	29	54	quality	quality	NOUN
fbem-20440	29	55	control	control	NOUN
fbem-20440	29	56	.	.	PUNCT
fbem-20440	30	1	in	in	ADP
fbem-20440	30	2	2017	2017	NUM
fbem-20440	30	3	,	,	PUNCT
fbem-20440	30	4	wuliangye	wuliangye	NOUN
fbem-20440	30	5	continued	continue	VERB
fbem-20440	30	6	to	to	PART
fbem-20440	30	7	optimize	optimize	VERB
fbem-20440	30	8	and	and	CCONJ
fbem-20440	30	9	upgrade	upgrade	VERB
fbem-20440	30	10	its	its	PRON
fbem-20440	30	11	brand	brand	NOUN
fbem-20440	30	12	strategy	strategy	NOUN
fbem-20440	30	13	,	,	PUNCT
fbem-20440	30	14	adopting	adopt	VERB
fbem-20440	30	15	the	the	DET
fbem-20440	30	16	"	"	PUNCT
fbem-20440	30	17	1	1	NUM
fbem-20440	30	18	+	+	SYM
fbem-20440	30	19	3	3	NUM
fbem-20440	30	20	"	"	PUNCT
fbem-20440	30	21	brand	brand	NOUN
fbem-20440	30	22	strategy	strategy	NOUN
fbem-20440	30	23	of	of	ADP
fbem-20440	30	24	high	high	ADJ
fbem-20440	30	25	-	-	PUNCT
fbem-20440	30	26	end	end	NOUN
fbem-20440	30	27	wine	wine	NOUN
fbem-20440	30	28	and	and	CCONJ
fbem-20440	30	29	the	the	DET
fbem-20440	30	30	"	"	PUNCT
fbem-20440	30	31	4	4	NUM
fbem-20440	30	32	+	+	SYM
fbem-20440	30	33	4	4	NUM
fbem-20440	30	34	"	"	PUNCT
fbem-20440	30	35	brand	brand	NOUN
fbem-20440	30	36	strategy	strategy	NOUN
fbem-20440	30	37	of	of	ADP
fbem-20440	30	38	series	series	NOUN
fbem-20440	30	39	wine	wine	NOUN
fbem-20440	30	40	.	.	PUNCT
fbem-20440	31	1	at	at	ADP
fbem-20440	31	2	the	the	DET
fbem-20440	31	3	business	business	NOUN
fbem-20440	31	4	decision	decision	NOUN
fbem-20440	31	5	level	level	NOUN
fbem-20440	31	6	,	,	PUNCT
fbem-20440	31	7	wuliangye	wuliangye	NOUN
fbem-20440	31	8	actively	actively	ADV
fbem-20440	31	9	promoted	promote	VERB
fbem-20440	31	10	marketing	marketing	NOUN
fbem-20440	31	11	transformation	transformation	NOUN
fbem-20440	31	12	and	and	CCONJ
fbem-20440	31	13	built	build	VERB
fbem-20440	31	14	a	a	DET
fbem-20440	31	15	new	new	ADJ
fbem-20440	31	16	retail	retail	ADJ
fbem-20440	31	17	terminal	terminal	NOUN
fbem-20440	31	18	integrating	integrate	VERB
fbem-20440	31	19	retail	retail	NOUN
fbem-20440	31	20	,	,	PUNCT
fbem-20440	31	21	chain	chain	NOUN
fbem-20440	31	22	,	,	PUNCT
fbem-20440	31	23	online	online	ADJ
fbem-20440	31	24	and	and	CCONJ
fbem-20440	31	25	offline	offline	ADJ
fbem-20440	31	26	.	.	PUNCT
fbem-20440	32	1	after	after	ADP
fbem-20440	32	2	the	the	DET
fbem-20440	32	3	digital	digital	ADJ
fbem-20440	32	4	transformation	transformation	NOUN
fbem-20440	32	5	in	in	ADP
fbem-20440	32	6	2018	2018	NUM
fbem-20440	32	7	,	,	PUNCT
fbem-20440	32	8	wuliangye	wuliangye	NOUN
fbem-20440	32	9	improved	improve	VERB
fbem-20440	32	10	the	the	DET
fbem-20440	32	11	"	"	PUNCT
fbem-20440	32	12	1	1	NUM
fbem-20440	32	13	+	+	SYM
fbem-20440	32	14	3	3	NUM
fbem-20440	32	15	"	"	PUNCT
fbem-20440	32	16	product	product	NOUN
fbem-20440	32	17	strategy	strategy	NOUN
fbem-20440	32	18	system	system	NOUN
fbem-20440	32	19	,	,	PUNCT
fbem-20440	32	20	reshaped	reshape	VERB
fbem-20440	32	21	the	the	DET
fbem-20440	32	22	value	value	NOUN
fbem-20440	32	23	system	system	NOUN
fbem-20440	32	24	of	of	ADP
fbem-20440	32	25	high	high	ADJ
fbem-20440	32	26	-	-	PUNCT
fbem-20440	32	27	end	end	NOUN
fbem-20440	32	28	liquor	liquor	NOUN
fbem-20440	32	29	,	,	PUNCT
fbem-20440	32	30	the	the	DET
fbem-20440	32	31	business	business	NOUN
fbem-20440	32	32	decisionmaking	decisionmake	VERB
fbem-20440	32	33	level	level	NOUN
fbem-20440	32	34	,	,	PUNCT
fbem-20440	32	35	carried	carry	VERB
fbem-20440	32	36	out	out	ADP
fbem-20440	32	37	the	the	DET
fbem-20440	32	38	construction	construction	NOUN
fbem-20440	32	39	of	of	ADP
fbem-20440	32	40	digital	digital	ADJ
fbem-20440	32	41	system	system	NOUN
fbem-20440	32	42	before	before	ADV
fbem-20440	32	43	,	,	PUNCT
fbem-20440	32	44	during	during	ADP
fbem-20440	32	45	and	and	CCONJ
fbem-20440	32	46	after	after	ADP
fbem-20440	32	47	marketing	marketing	NOUN
fbem-20440	32	48	,	,	PUNCT
fbem-20440	32	49	started	start	VERB
fbem-20440	32	50	the	the	DET
fbem-20440	32	51	life	life	NOUN
fbem-20440	32	52	cycle	cycle	NOUN
fbem-20440	32	53	traceability	traceability	NOUN
fbem-20440	32	54	project	project	NOUN
fbem-20440	32	55	,	,	PUNCT
fbem-20440	32	56	and	and	CCONJ
fbem-20440	32	57	started	start	VERB
fbem-20440	32	58	the	the	DET
fbem-20440	32	59	digital	digital	ADJ
fbem-20440	32	60	empowerment	empowerment	NOUN
fbem-20440	32	61	of	of	ADP
fbem-20440	32	62	"	"	PUNCT
fbem-20440	32	63	thousands	thousand	NOUN
fbem-20440	32	64	of	of	ADP
fbem-20440	32	65	cities	city	NOUN
fbem-20440	32	66	,	,	PUNCT
fbem-20440	32	67	thousands	thousand	NOUN
fbem-20440	32	68	of	of	ADP
fbem-20440	32	69	counties	county	NOUN
fbem-20440	32	70	"	"	PUNCT
fbem-20440	32	71	project	project	NOUN
fbem-20440	32	72	.	.	PUNCT
fbem-20440	33	1	in	in	ADP
fbem-20440	33	2	2019	2019	NUM
fbem-20440	33	3	,	,	PUNCT
fbem-20440	33	4	build	build	VERB
fbem-20440	33	5	a	a	DET
fbem-20440	33	6	strategic	strategic	ADJ
fbem-20440	33	7	high	high	ADJ
fbem-20440	33	8	-	-	PUNCT
fbem-20440	33	9	end	end	NOUN
fbem-20440	33	10	501	501	NUM
fbem-20440	33	11	wuliangye	wuliangye	NOUN
fbem-20440	33	12	,	,	PUNCT
fbem-20440	33	13	business	business	NOUN
fbem-20440	33	14	decisionmaking	decisionmake	VERB
fbem-20440	33	15	level	level	NOUN
fbem-20440	33	16	,	,	PUNCT
fbem-20440	33	17	build	build	VERB
fbem-20440	33	18	a	a	DET
fbem-20440	33	19	digital	digital	ADJ
fbem-20440	33	20	closed	closed	ADJ
fbem-20440	33	21	-	-	PUNCT
fbem-20440	33	22	loop	loop	NOUN
fbem-20440	33	23	management	management	NOUN
fbem-20440	33	24	system	system	NOUN
fbem-20440	33	25	.	.	PUNCT
fbem-20440	34	1	in	in	ADP
fbem-20440	34	2	2020,12	2020,12	PROPN
fbem-20440	34	3	brands	brand	NOUN
fbem-20440	34	4	were	be	AUX
fbem-20440	34	5	eliminated	eliminate	VERB
fbem-20440	34	6	,	,	PUNCT
fbem-20440	34	7	the	the	DET
fbem-20440	34	8	product	product	NOUN
fbem-20440	34	9	system	system	NOUN
fbem-20440	34	10	was	be	AUX
fbem-20440	34	11	improved	improve	VERB
fbem-20440	34	12	,	,	PUNCT
fbem-20440	34	13	the	the	DET
fbem-20440	34	14	development	development	NOUN
fbem-20440	34	15	positioning	positioning	NOUN
fbem-20440	34	16	of	of	ADP
fbem-20440	34	17	each	each	DET
fbem-20440	34	18	brand	brand	NOUN
fbem-20440	34	19	was	be	AUX
fbem-20440	34	20	redefined	redefine	VERB
fbem-20440	34	21	,	,	PUNCT
fbem-20440	34	22	the	the	DET
fbem-20440	34	23	business	business	NOUN
fbem-20440	34	24	decision	decision	NOUN
fbem-20440	34	25	level	level	NOUN
fbem-20440	34	26	,	,	PUNCT
fbem-20440	34	27	and	and	CCONJ
fbem-20440	34	28	three	three	NUM
fbem-20440	34	29	channel	channel	NOUN
fbem-20440	34	30	systems	system	NOUN
fbem-20440	34	31	were	be	AUX
fbem-20440	34	32	established	establish	VERB
fbem-20440	34	33	,	,	PUNCT
fbem-20440	34	34	including	include	VERB
fbem-20440	34	35	tradition	tradition	NOUN
fbem-20440	34	36	,	,	PUNCT
fbem-20440	34	37	group	group	NOUN
fbem-20440	34	38	buying	buying	NOUN
fbem-20440	34	39	and	and	CCONJ
fbem-20440	34	40	innovation	innovation	NOUN
fbem-20440	34	41	.	.	PUNCT
fbem-20440	35	1	3.2	3.2	NUM
fbem-20440	35	2	.	.	PUNCT
fbem-20440	35	3	traditional	traditional	ADJ
fbem-20440	35	4	marketing	marketing	NOUN
fbem-20440	35	5	to	to	ADP
fbem-20440	35	6	modern	modern	ADJ
fbem-20440	35	7	terminal	terminal	ADJ
fbem-20440	35	8	marketing	marketing	NOUN
fbem-20440	35	9	transformation	transformation	NOUN
fbem-20440	35	10	since	since	SCONJ
fbem-20440	35	11	2017	2017	NUM
fbem-20440	35	12	,	,	PUNCT
fbem-20440	35	13	wuliangye	wuliangye	NOUN
fbem-20440	35	14	has	have	AUX
fbem-20440	35	15	continued	continue	VERB
fbem-20440	35	16	to	to	PART
fbem-20440	35	17	promote	promote	VERB
fbem-20440	35	18	the	the	DET
fbem-20440	35	19	reform	reform	NOUN
fbem-20440	35	20	of	of	ADP
fbem-20440	35	21	channel	channel	NOUN
fbem-20440	35	22	flattening	flattening	NOUN
fbem-20440	35	23	and	and	CCONJ
fbem-20440	35	24	strengthen	strengthen	VERB
fbem-20440	35	25	the	the	DET
fbem-20440	35	26	terminal	terminal	ADJ
fbem-20440	35	27	control	control	NOUN
fbem-20440	35	28	ability	ability	NOUN
fbem-20440	35	29	.	.	PUNCT
fbem-20440	36	1	in	in	ADP
fbem-20440	36	2	2018	2018	NUM
fbem-20440	36	3	,	,	PUNCT
fbem-20440	36	4	wuliangye	wuliangye	NOUN
fbem-20440	36	5	actively	actively	ADV
fbem-20440	36	6	seized	seize	VERB
fbem-20440	36	7	the	the	DET
fbem-20440	36	8	development	development	NOUN
fbem-20440	36	9	opportunities	opportunity	NOUN
fbem-20440	36	10	,	,	PUNCT
fbem-20440	36	11	promoted	promote	VERB
fbem-20440	36	12	the	the	DET
fbem-20440	36	13	construction	construction	NOUN
fbem-20440	36	14	of	of	ADP
fbem-20440	36	15	digital	digital	ADJ
fbem-20440	36	16	transformation	transformation	NOUN
fbem-20440	36	17	,	,	PUNCT
fbem-20440	36	18	and	and	CCONJ
fbem-20440	36	19	formally	formally	ADV
fbem-20440	36	20	determined	determine	VERB
fbem-20440	36	21	the	the	DET
fbem-20440	36	22	development	development	NOUN
fbem-20440	36	23	plan	plan	NOUN
fbem-20440	36	24	and	and	CCONJ
fbem-20440	36	25	strategy	strategy	NOUN
fbem-20440	36	26	of	of	ADP
fbem-20440	36	27	digital	digital	ADJ
fbem-20440	36	28	transformation	transformation	NOUN
fbem-20440	36	29	.	.	PUNCT
fbem-20440	37	1	"cities	"citie	NOUN
fbem-20440	37	2	thousand	thousand	NUM
fbem-20440	37	3	county	county	NOUN
fbem-20440	37	4	stores	store	NOUN
fbem-20440	37	5	"	"	PUNCT
fbem-20440	37	6	the	the	DET
fbem-20440	37	7	layout	layout	NOUN
fbem-20440	37	8	of	of	ADP
fbem-20440	37	9	the	the	DET
fbem-20440	37	10	project	project	NOUN
fbem-20440	37	11	,	,	PUNCT
fbem-20440	37	12	aims	aim	VERB
fbem-20440	37	13	to	to	PART
fbem-20440	37	14	optimize	optimize	VERB
fbem-20440	37	15	the	the	DET
fbem-20440	37	16	existing	exist	VERB
fbem-20440	37	17	marketing	marketing	NOUN
fbem-20440	37	18	structure	structure	NOUN
fbem-20440	37	19	and	and	CCONJ
fbem-20440	37	20	modern	modern	ADJ
fbem-20440	37	21	terminal	terminal	ADJ
fbem-20440	37	22	marketing	marketing	NOUN
fbem-20440	37	23	transformation	transformation	NOUN
fbem-20440	37	24	,	,	PUNCT
fbem-20440	37	25	in	in	ADP
fbem-20440	37	26	addition	addition	NOUN
fbem-20440	37	27	,	,	PUNCT
fbem-20440	37	28	also	also	ADV
fbem-20440	37	29	high	high	ADJ
fbem-20440	37	30	standard	standard	NOUN
fbem-20440	37	31	in	in	ADP
fbem-20440	37	32	the	the	DET
fbem-20440	37	33	construction	construction	NOUN
fbem-20440	37	34	engineering	engineering	NOUN
fbem-20440	37	35	introduce	introduce	NOUN
fbem-20440	37	36	terminal	terminal	ADJ
fbem-20440	37	37	big	big	ADJ
fbem-20440	37	38	data	datum	NOUN
fbem-20440	37	39	technology	technology	NOUN
fbem-20440	37	40	,	,	PUNCT
fbem-20440	37	41	the	the	DET
fbem-20440	37	42	construction	construction	NOUN
fbem-20440	37	43	of	of	ADP
fbem-20440	37	44	a	a	DET
fbem-20440	37	45	data	data	NOUN
fbem-20440	37	46	information	information	NOUN
fbem-20440	37	47	management	management	NOUN
fbem-20440	37	48	system	system	NOUN
fbem-20440	37	49	,	,	PUNCT
fbem-20440	37	50	to	to	AUX
fbem-20440	37	51	continuously	continuously	ADV
fbem-20440	37	52	collecting	collect	VERB
fbem-20440	37	53	terminal	terminal	ADJ
fbem-20440	37	54	sales	sale	NOUN
fbem-20440	37	55	and	and	CCONJ
fbem-20440	37	56	consumer	consumer	NOUN
fbem-20440	37	57	data	datum	NOUN
fbem-20440	37	58	,	,	PUNCT
fbem-20440	37	59	for	for	ADP
fbem-20440	37	60	the	the	DET
fbem-20440	37	61	company	company	NOUN
fbem-20440	37	62	's	's	PART
fbem-20440	37	63	marketing	marketing	NOUN
fbem-20440	37	64	scheduling	scheduling	NOUN
fbem-20440	37	65	and	and	CCONJ
fbem-20440	37	66	decision	decision	NOUN
fbem-20440	37	67	-	-	PUNCT
fbem-20440	37	68	making	making	NOUN
fbem-20440	37	69	,	,	PUNCT
fbem-20440	37	70	also	also	ADV
fbem-20440	37	71	help	help	VERB
fbem-20440	37	72	company	company	NOUN
fbem-20440	37	73	can	can	AUX
fbem-20440	37	74	more	more	ADV
fbem-20440	37	75	timely	timely	ADJ
fbem-20440	37	76	insight	insight	NOUN
fbem-20440	37	77	into	into	ADP
fbem-20440	37	78	changes	change	NOUN
fbem-20440	37	79	in	in	ADP
fbem-20440	37	80	market	market	NOUN
fbem-20440	37	81	demand	demand	NOUN
fbem-20440	37	82	.	.	PUNCT
fbem-20440	38	1	half	half	DET
fbem-20440	38	2	a	a	DET
fbem-20440	38	3	year	year	NOUN
fbem-20440	38	4	later	later	ADV
fbem-20440	38	5	,	,	PUNCT
fbem-20440	38	6	on	on	ADP
fbem-20440	38	7	the	the	DET
fbem-20440	38	8	basis	basis	NOUN
fbem-20440	38	9	of	of	ADP
fbem-20440	38	10	increasing	increase	VERB
fbem-20440	38	11	cooperation	cooperation	NOUN
fbem-20440	38	12	with	with	ADP
fbem-20440	38	13	e	e	NOUN
fbem-20440	38	14	-	-	NOUN
fbem-20440	38	15	commerce	commerce	NOUN
fbem-20440	38	16	platforms	platform	NOUN
fbem-20440	38	17	,	,	PUNCT
fbem-20440	38	18	wuliangye	wuliangye	PROPN
fbem-20440	38	19	launched	launch	VERB
fbem-20440	38	20	a	a	DET
fbem-20440	38	21	new	new	ADJ
fbem-20440	38	22	sales	sale	NOUN
fbem-20440	38	23	model	model	NOUN
fbem-20440	38	24	,	,	PUNCT
fbem-20440	38	25	namely	namely	ADV
fbem-20440	38	26	"	"	PUNCT
fbem-20440	38	27	wuliang	wuliang	PROPN
fbem-20440	38	28	e	e	NOUN
fbem-20440	38	29	-	-	NOUN
fbem-20440	38	30	store	store	NOUN
fbem-20440	38	31	"	"	PUNCT
fbem-20440	38	32	.	.	PUNCT
fbem-20440	39	1	its	its	PRON
fbem-20440	39	2	goal	goal	NOUN
fbem-20440	39	3	is	be	AUX
fbem-20440	39	4	to	to	PART
fbem-20440	39	5	build	build	VERB
fbem-20440	39	6	a	a	DET
fbem-20440	39	7	new	new	ADJ
fbem-20440	39	8	,	,	PUNCT
fbem-20440	39	9	more	more	ADV
fbem-20440	39	10	systematic	systematic	ADJ
fbem-20440	39	11	,	,	PUNCT
fbem-20440	39	12	information	information	NOUN
fbem-20440	39	13	-	-	PUNCT
fbem-20440	39	14	based	base	VERB
fbem-20440	39	15	and	and	CCONJ
fbem-20440	39	16	intelligent	intelligent	ADJ
fbem-20440	39	17	retail	retail	ADJ
fbem-20440	39	18	terminal	terminal	NOUN
fbem-20440	39	19	by	by	ADP
fbem-20440	39	20	means	mean	NOUN
fbem-20440	39	21	of	of	ADP
fbem-20440	39	22	intelligent	intelligent	ADJ
fbem-20440	39	23	technology	technology	NOUN
fbem-20440	39	24	,	,	PUNCT
fbem-20440	39	25	so	so	SCONJ
fbem-20440	39	26	as	as	SCONJ
fbem-20440	39	27	to	to	PART
fbem-20440	39	28	provide	provide	VERB
fbem-20440	39	29	accurate	accurate	ADJ
fbem-20440	39	30	services	service	NOUN
fbem-20440	39	31	to	to	ADP
fbem-20440	39	32	customers	customer	NOUN
fbem-20440	39	33	.	.	PUNCT
fbem-20440	40	1	wuliang	wuliang	PROPN
fbem-20440	40	2	e	e	X
fbem-20440	40	3	-	-	NOUN
fbem-20440	40	4	store	store	NOUN
fbem-20440	40	5	is	be	AUX
fbem-20440	40	6	an	an	DET
fbem-20440	40	7	important	important	ADJ
fbem-20440	40	8	step	step	NOUN
fbem-20440	40	9	for	for	ADP
fbem-20440	40	10	wuliangye	wuliangye	NOUN
fbem-20440	40	11	to	to	PART
fbem-20440	40	12	explore	explore	VERB
fbem-20440	40	13	a	a	DET
fbem-20440	40	14	new	new	ADJ
fbem-20440	40	15	retail	retail	ADJ
fbem-20440	40	16	model	model	NOUN
fbem-20440	40	17	,	,	PUNCT
fbem-20440	40	18	which	which	PRON
fbem-20440	40	19	adopts	adopt	VERB
fbem-20440	40	20	a	a	DET
fbem-20440	40	21	multi	multi	ADJ
fbem-20440	40	22	-	-	ADJ
fbem-20440	40	23	channel	channel	ADJ
fbem-20440	40	24	sales	sale	NOUN
fbem-20440	40	25	mode	mode	NOUN
fbem-20440	40	26	and	and	CCONJ
fbem-20440	40	27	provides	provide	VERB
fbem-20440	40	28	customers	customer	NOUN
fbem-20440	40	29	with	with	ADP
fbem-20440	40	30	more	more	ADV
fbem-20440	40	31	convenient	convenient	ADJ
fbem-20440	40	32	and	and	CCONJ
fbem-20440	40	33	diversified	diversified	ADJ
fbem-20440	40	34	choices	choice	NOUN
fbem-20440	40	35	.	.	PUNCT
fbem-20440	41	1	in	in	ADP
fbem-20440	41	2	general	general	ADJ
fbem-20440	41	3	,	,	PUNCT
fbem-20440	41	4	wuliang	wuliang	PROPN
fbem-20440	41	5	e	e	NOUN
fbem-20440	41	6	-	-	NOUN
fbem-20440	41	7	store	store	NOUN
fbem-20440	41	8	is	be	AUX
fbem-20440	41	9	the	the	DET
fbem-20440	41	10	supply	supply	NOUN
fbem-20440	41	11	-	-	PUNCT
fbem-20440	41	12	side	side	NOUN
fbem-20440	41	13	structural	structural	ADJ
fbem-20440	41	14	reform	reform	NOUN
fbem-20440	41	15	and	and	CCONJ
fbem-20440	41	16	innovation	innovation	NOUN
fbem-20440	41	17	-	-	PUNCT
fbem-20440	41	18	driven	drive	VERB
fbem-20440	41	19	development	development	NOUN
fbem-20440	41	20	strategy	strategy	NOUN
fbem-20440	41	21	of	of	ADP
fbem-20440	41	22	wuliangye	wuliangye	PROPN
fbem-20440	41	23	,	,	PUNCT
fbem-20440	41	24	an	an	DET
fbem-20440	41	25	important	important	ADJ
fbem-20440	41	26	product	product	NOUN
fbem-20440	41	27	of	of	ADP
fbem-20440	41	28	promoting	promote	VERB
fbem-20440	41	29	the	the	DET
fbem-20440	41	30	deep	deep	ADJ
fbem-20440	41	31	integration	integration	NOUN
fbem-20440	41	32	of	of	ADP
fbem-20440	41	33	real	real	ADJ
fbem-20440	41	34	economy	economy	NOUN
fbem-20440	41	35	and	and	CCONJ
fbem-20440	41	36	online	online	ADJ
fbem-20440	41	37	sales	sale	NOUN
fbem-20440	41	38	,	,	PUNCT
fbem-20440	41	39	and	and	CCONJ
fbem-20440	41	40	a	a	DET
fbem-20440	41	41	new	new	ADJ
fbem-20440	41	42	intelligent	intelligent	ADJ
fbem-20440	41	43	retail	retail	ADJ
fbem-20440	41	44	system	system	NOUN
fbem-20440	41	45	directly	directly	ADV
fbem-20440	41	46	facing	face	VERB
fbem-20440	41	47	end	end	NOUN
fbem-20440	41	48	consumers	consumer	NOUN
fbem-20440	41	49	.	.	PUNCT
fbem-20440	42	1	wuliangye	wuliangye	PROPN
fbem-20440	42	2	continues	continue	VERB
fbem-20440	42	3	to	to	PART
fbem-20440	42	4	promote	promote	VERB
fbem-20440	42	5	the	the	DET
fbem-20440	42	6	construction	construction	NOUN
fbem-20440	42	7	of	of	ADP
fbem-20440	42	8	smart	smart	ADJ
fbem-20440	42	9	retail	retail	ADJ
fbem-20440	42	10	system	system	NOUN
fbem-20440	42	11	,	,	PUNCT
fbem-20440	42	12	and	and	CCONJ
fbem-20440	42	13	officially	officially	ADV
fbem-20440	42	14	launched	launch	VERB
fbem-20440	42	15	the	the	DET
fbem-20440	42	16	"	"	PUNCT
fbem-20440	42	17	wuliangye	wuliangye	NOUN
fbem-20440	42	18	cloud	cloud	NOUN
fbem-20440	42	19	store	store	NOUN
fbem-20440	42	20	"	"	PUNCT
fbem-20440	42	21	in	in	ADP
fbem-20440	42	22	2020	2020	NUM
fbem-20440	42	23	.	.	PUNCT
fbem-20440	43	1	by	by	ADP
fbem-20440	43	2	providing	provide	VERB
fbem-20440	43	3	consumers	consumer	NOUN
fbem-20440	43	4	with	with	ADP
fbem-20440	43	5	personalized	personalized	ADJ
fbem-20440	43	6	,	,	PUNCT
fbem-20440	43	7	differentiated	differentiated	ADJ
fbem-20440	43	8	and	and	CCONJ
fbem-20440	43	9	omni	omni	ADJ
fbem-20440	43	10	-	-	PUNCT
fbem-20440	43	11	channel	channel	NOUN
fbem-20440	43	12	services	service	NOUN
fbem-20440	43	13	,	,	PUNCT
fbem-20440	43	14	it	it	PRON
fbem-20440	43	15	effectively	effectively	ADV
fbem-20440	43	16	helps	help	VERB
fbem-20440	43	17	its	its	PRON
fbem-20440	43	18	stores	store	NOUN
fbem-20440	43	19	expand	expand	VERB
fbem-20440	43	20	online	online	ADJ
fbem-20440	43	21	sales	sale	NOUN
fbem-20440	43	22	opportunities	opportunity	NOUN
fbem-20440	43	23	under	under	ADP
fbem-20440	43	24	the	the	DET
fbem-20440	43	25	new	new	ADJ
fbem-20440	43	26	situation	situation	NOUN
fbem-20440	43	27	of	of	ADP
fbem-20440	43	28	covid-19	covid-19	PROPN
fbem-20440	43	29	,	,	PUNCT
fbem-20440	43	30	which	which	PRON
fbem-20440	43	31	is	be	AUX
fbem-20440	43	32	a	a	DET
fbem-20440	43	33	major	major	ADJ
fbem-20440	43	34	achievement	achievement	NOUN
fbem-20440	43	35	under	under	ADP
fbem-20440	43	36	the	the	DET
fbem-20440	43	37	digital	digital	ADJ
fbem-20440	43	38	transformation	transformation	NOUN
fbem-20440	43	39	of	of	ADP
fbem-20440	43	40	wuliangye	wuliangye	NOUN
fbem-20440	43	41	.	.	PUNCT
fbem-20440	44	1	3.3	3.3	NUM
fbem-20440	44	2	.	.	PUNCT
fbem-20440	44	3	tissue	tissue	NOUN
fbem-20440	44	4	structure	structure	NOUN
fbem-20440	44	5	reengineering	reengineere	VERB
fbem-20440	44	6	in	in	ADP
fbem-20440	44	7	order	order	NOUN
fbem-20440	44	8	to	to	PART
fbem-20440	44	9	ensure	ensure	VERB
fbem-20440	44	10	the	the	DET
fbem-20440	44	11	effective	effective	ADJ
fbem-20440	44	12	implementation	implementation	NOUN
fbem-20440	44	13	of	of	ADP
fbem-20440	44	14	digital	digital	ADJ
fbem-20440	44	15	transformation	transformation	NOUN
fbem-20440	44	16	,	,	PUNCT
fbem-20440	44	17	wuliangye	wuliangye	PROPN
fbem-20440	44	18	established	establish	VERB
fbem-20440	44	19	a	a	DET
fbem-20440	44	20	digital	digital	ADJ
fbem-20440	44	21	leading	lead	VERB
fbem-20440	44	22	group	group	NOUN
fbem-20440	44	23	in	in	ADP
fbem-20440	44	24	2018	2018	NUM
fbem-20440	44	25	,	,	PUNCT
fbem-20440	44	26	and	and	CCONJ
fbem-20440	44	27	officially	officially	ADV
fbem-20440	44	28	established	establish	VERB
fbem-20440	44	29	a	a	DET
fbem-20440	44	30	big	big	ADJ
fbem-20440	44	31	data	data	NOUN
fbem-20440	44	32	center	center	NOUN
fbem-20440	44	33	of	of	ADP
fbem-20440	44	34	wine	wine	NOUN
fbem-20440	44	35	industry	industry	NOUN
fbem-20440	44	36	in	in	ADP
fbem-20440	44	37	wuliangye	wuliangye	PROPN
fbem-20440	44	38	,	,	PUNCT
fbem-20440	44	39	which	which	PRON
fbem-20440	44	40	opened	open	VERB
fbem-20440	44	41	the	the	DET
fbem-20440	44	42	big	big	ADJ
fbem-20440	44	43	data	datum	NOUN
fbem-20440	44	44	construction	construction	NOUN
fbem-20440	44	45	of	of	ADP
fbem-20440	44	46	ecology	ecology	NOUN
fbem-20440	44	47	,	,	PUNCT
fbem-20440	44	48	marketing	marketing	NOUN
fbem-20440	44	49	and	and	CCONJ
fbem-20440	44	50	production	production	NOUN
fbem-20440	44	51	of	of	ADP
fbem-20440	44	52	china	china	PROPN
fbem-20440	44	53	's	's	PART
fbem-20440	44	54	wine	wine	NOUN
fbem-20440	44	55	industry	industry	NOUN
fbem-20440	44	56	.	.	PUNCT
fbem-20440	45	1	in	in	ADP
fbem-20440	45	2	2019	2019	NUM
fbem-20440	45	3	,	,	PUNCT
fbem-20440	45	4	wuliangye	wuliangye	NOUN
fbem-20440	45	5	withdrew	withdraw	VERB
fbem-20440	45	6	the	the	DET
fbem-20440	45	7	original	original	ADJ
fbem-20440	45	8	seven	seven	NUM
fbem-20440	45	9	marketing	marketing	NOUN
fbem-20440	45	10	center	center	NOUN
fbem-20440	45	11	,	,	PUNCT
fbem-20440	45	12	set	set	VERB
fbem-20440	45	13	up	up	ADP
fbem-20440	45	14	21	21	NUM
fbem-20440	45	15	marketing	marketing	NOUN
fbem-20440	45	16	theater	theater	NOUN
fbem-20440	45	17	,	,	PUNCT
fbem-20440	45	18	60	60	NUM
fbem-20440	45	19	subdivision	subdivision	NOUN
fbem-20440	45	20	zone	zone	NOUN
fbem-20440	45	21	base	base	NOUN
fbem-20440	45	22	,	,	PUNCT
fbem-20440	45	23	adjust	adjust	VERB
fbem-20440	45	24	the	the	DET
fbem-20440	45	25	center	center	NOUN
fbem-20440	45	26	system	system	NOUN
fbem-20440	45	27	on	on	ADP
fbem-20440	45	28	the	the	DET
fbem-20440	45	29	basis	basis	NOUN
fbem-20440	45	30	of	of	ADP
fbem-20440	45	31	provincial	provincial	ADJ
fbem-20440	45	32	marketing	marketing	NOUN
fbem-20440	45	33	theater	theater	NOUN
fbem-20440	45	34	system	system	NOUN
fbem-20440	45	35	,	,	PUNCT
fbem-20440	45	36	realize	realize	VERB
fbem-20440	45	37	"	"	PUNCT
fbem-20440	45	38	horizontal	horizontal	ADJ
fbem-20440	45	39	specialization	specialization	NOUN
fbem-20440	45	40	,	,	PUNCT
fbem-20440	45	41	vertical	vertical	ADJ
fbem-20440	45	42	flattening	flattening	NOUN
fbem-20440	45	43	"	"	PUNCT
fbem-20440	45	44	structure	structure	NOUN
fbem-20440	45	45	reengineering	reengineering	NOUN
fbem-20440	45	46	,	,	PUNCT
fbem-20440	45	47	flat	flat	ADJ
fbem-20440	45	48	marketing	marketing	NOUN
fbem-20440	45	49	structure	structure	NOUN
fbem-20440	45	50	is	be	AUX
fbem-20440	45	51	beneficial	beneficial	ADJ
fbem-20440	45	52	to	to	PART
fbem-20440	45	53	strengthen	strengthen	VERB
fbem-20440	45	54	the	the	DET
fbem-20440	45	55	close	close	ADJ
fbem-20440	45	56	ties	tie	NOUN
fbem-20440	45	57	with	with	ADP
fbem-20440	45	58	the	the	DET
fbem-20440	45	59	market	market	NOUN
fbem-20440	45	60	,	,	PUNCT
fbem-20440	45	61	maintain	maintain	VERB
fbem-20440	45	62	the	the	DET
fbem-20440	45	63	market	market	NOUN
fbem-20440	45	64	order	order	NOUN
fbem-20440	45	65	,	,	PUNCT
fbem-20440	45	66	more	more	ADV
fbem-20440	45	67	accurately	accurately	ADV
fbem-20440	45	68	to	to	ADP
fbem-20440	45	69	business	business	NOUN
fbem-20440	45	70	allocation	allocation	NOUN
fbem-20440	45	71	of	of	ADP
fbem-20440	45	72	resources	resource	NOUN
fbem-20440	45	73	.	.	PUNCT
fbem-20440	46	1	in	in	ADP
fbem-20440	46	2	2020	2020	NUM
fbem-20440	46	3	,	,	PUNCT
fbem-20440	46	4	in	in	ADP
fbem-20440	46	5	order	order	NOUN
fbem-20440	46	6	to	to	PART
fbem-20440	46	7	promote	promote	VERB
fbem-20440	46	8	the	the	DET
fbem-20440	46	9	brand	brand	NOUN
fbem-20440	46	10	culture	culture	NOUN
fbem-20440	46	11	communication	communication	NOUN
fbem-20440	46	12	,	,	PUNCT
fbem-20440	46	13	wuliangye	wuliangye	PROPN
fbem-20440	46	14	wuliangye	wuliangye	PROPN
fbem-20440	46	15	culture	culture	PROPN
fbem-20440	46	16	institute	institute	PROPN
fbem-20440	46	17	and	and	CCONJ
fbem-20440	46	18	cultural	cultural	ADJ
fbem-20440	46	19	research	research	NOUN
fbem-20440	46	20	and	and	CCONJ
fbem-20440	46	21	communication	communication	NOUN
fbem-20440	46	22	center	center	NOUN
fbem-20440	46	23	,	,	PUNCT
fbem-20440	46	24	set	set	VERB
fbem-20440	46	25	up	up	ADP
fbem-20440	46	26	sichuan	sichuan	PROPN
fbem-20440	46	27	wuliangye	wuliangye	PROPN
fbem-20440	46	28	new	new	ADJ
fbem-20440	46	29	retail	retail	PROPN
fbem-20440	46	30	management	management	PROPN
fbem-20440	46	31	co.	co.	PROPN
fbem-20440	46	32	,	,	PUNCT
fbem-20440	46	33	ltd	ltd	PROPN
fbem-20440	46	34	.	.	PROPN
fbem-20440	46	35	,	,	PUNCT
fbem-20440	46	36	became	become	VERB
fbem-20440	46	37	the	the	DET
fbem-20440	46	38	wuliangye	wuliangye	NOUN
fbem-20440	46	39	cloud	cloud	NOUN
fbem-20440	46	40	store	store	NOUN
fbem-20440	46	41	launched	launch	VERB
fbem-20440	46	42	after	after	ADP
fbem-20440	46	43	a	a	DET
fbem-20440	46	44	digital	digital	ADJ
fbem-20440	46	45	fu	fu	NOUN
fbem-20440	46	46	can	can	AUX
fbem-20440	46	47	channel	channel	NOUN
fbem-20440	46	48	,	,	PUNCT
fbem-20440	46	49	terminal	terminal	NOUN
fbem-20440	46	50	,	,	PUNCT
fbem-20440	46	51	is	be	AUX
fbem-20440	46	52	also	also	ADV
fbem-20440	46	53	the	the	DET
fbem-20440	46	54	company	company	NOUN
fbem-20440	46	55	fully	fully	ADV
fbem-20440	46	56	use	use	VERB
fbem-20440	46	57	big	big	ADJ
fbem-20440	46	58	data	datum	NOUN
fbem-20440	46	59	and	and	CCONJ
fbem-20440	46	60	other	other	ADJ
fbem-20440	46	61	new	new	ADJ
fbem-20440	46	62	technology	technology	NOUN
fbem-20440	46	63	application	application	NOUN
fbem-20440	46	64	layout	layout	NOUN
fbem-20440	46	65	in	in	ADP
fbem-20440	46	66	the	the	DET
fbem-20440	46	67	future	future	NOUN
fbem-20440	46	68	,	,	PUNCT
fbem-20440	46	69	continue	continue	VERB
fbem-20440	46	70	to	to	PART
fbem-20440	46	71	meet	meet	VERB
fbem-20440	46	72	the	the	DET
fbem-20440	46	73	growing	grow	VERB
fbem-20440	46	74	changing	change	VERB
fbem-20440	46	75	consumer	consumer	NOUN
fbem-20440	46	76	demand	demand	NOUN
fbem-20440	46	77	,	,	PUNCT
fbem-20440	46	78	improve	improve	VERB
fbem-20440	46	79	the	the	DET
fbem-20440	46	80	intelligent	intelligent	ADJ
fbem-20440	46	81	retail	retail	ADJ
fbem-20440	46	82	system	system	NOUN
fbem-20440	46	83	,	,	PUNCT
fbem-20440	46	84	and	and	CCONJ
fbem-20440	46	85	the	the	DET
fbem-20440	46	86	traditional	traditional	ADJ
fbem-20440	46	87	channel	channel	NOUN
fbem-20440	46	88	complementary	complementary	ADJ
fbem-20440	46	89	,	,	PUNCT
fbem-20440	46	90	coordinated	coordinated	ADJ
fbem-20440	46	91	development	development	NOUN
fbem-20440	46	92	.	.	PUNCT
fbem-20440	47	1	in	in	ADP
fbem-20440	47	2	2021	2021	NUM
fbem-20440	47	3	,	,	PUNCT
fbem-20440	47	4	wuliangye	wuliangye	NOUN
fbem-20440	47	5	and	and	CCONJ
fbem-20440	47	6	dealers	dealer	NOUN
fbem-20440	47	7	will	will	AUX
fbem-20440	47	8	jointly	jointly	ADV
fbem-20440	47	9	set	set	VERB
fbem-20440	47	10	up	up	ADP
fbem-20440	47	11	a	a	DET
fbem-20440	47	12	visiting	visit	VERB
fbem-20440	47	13	and	and	CCONJ
fbem-20440	47	14	sales	sale	NOUN
fbem-20440	47	15	team	team	NOUN
fbem-20440	47	16	to	to	PART
fbem-20440	47	17	provide	provide	VERB
fbem-20440	47	18	regular	regular	ADJ
fbem-20440	47	19	,	,	PUNCT
fbem-20440	47	20	fixed	fix	VERB
fbem-20440	47	21	point	point	NOUN
fbem-20440	47	22	and	and	CCONJ
fbem-20440	47	23	dedicated	dedicated	ADJ
fbem-20440	47	24	grid	grid	NOUN
fbem-20440	47	25	services	service	NOUN
fbem-20440	47	26	for	for	ADP
fbem-20440	47	27	nearly	nearly	ADV
fbem-20440	47	28	30,000	30,000	NUM
fbem-20440	47	29	wuliangye	wuliangye	NOUN
fbem-20440	47	30	brand	brand	NOUN
fbem-20440	47	31	social	social	ADJ
fbem-20440	47	32	terminals	terminal	NOUN
fbem-20440	47	33	,	,	PUNCT
fbem-20440	47	34	absorb	absorb	VERB
fbem-20440	47	35	high	high	ADJ
fbem-20440	47	36	-	-	PUNCT
fbem-20440	47	37	quality	quality	NOUN
fbem-20440	47	38	terminals	terminal	NOUN
fbem-20440	47	39	and	and	CCONJ
fbem-20440	47	40	adjust	adjust	VERB
fbem-20440	47	41	low	low	ADJ
fbem-20440	47	42	-	-	PUNCT
fbem-20440	47	43	quality	quality	NOUN
fbem-20440	47	44	terminals	terminal	NOUN
fbem-20440	47	45	.	.	PUNCT
fbem-20440	48	1	3.4	3.4	NUM
fbem-20440	48	2	.	.	PUNCT
fbem-20440	48	3	channel	channel	NOUN
fbem-20440	48	4	sales	sale	NOUN
fbem-20440	48	5	transparency	transparency	NOUN
fbem-20440	48	6	in	in	ADP
fbem-20440	48	7	2019	2019	NUM
fbem-20440	48	8	,	,	PUNCT
fbem-20440	48	9	wuliangye	wuliangye	NOUN
fbem-20440	48	10	will	will	AUX
fbem-20440	48	11	be	be	AUX
fbem-20440	48	12	the	the	DET
fbem-20440	48	13	organic	organic	ADJ
fbem-20440	48	14	combination	combination	NOUN
fbem-20440	48	15	of	of	ADP
fbem-20440	48	16	modern	modern	ADJ
fbem-20440	48	17	marketing	marketing	NOUN
fbem-20440	48	18	and	and	CCONJ
fbem-20440	48	19	digital	digital	ADJ
fbem-20440	48	20	technology	technology	NOUN
fbem-20440	48	21	,	,	PUNCT
fbem-20440	48	22	successively	successively	ADV
fbem-20440	48	23	with	with	ADP
fbem-20440	48	24	alibaba	alibaba	PROPN
fbem-20440	48	25	,	,	PUNCT
fbem-20440	48	26	huawei	huawei	PROPN
fbem-20440	48	27	,	,	PUNCT
fbem-20440	48	28	using	use	VERB
fbem-20440	48	29	ibm	ibm	PROPN
fbem-20440	48	30	digital	digital	ADJ
fbem-20440	48	31	system	system	NOUN
fbem-20440	48	32	,	,	PUNCT
fbem-20440	48	33	comprehensive	comprehensive	ADJ
fbem-20440	48	34	import	import	NOUN
fbem-20440	48	35	control	control	NOUN
fbem-20440	48	36	plate	plate	NOUN
fbem-20440	48	37	profit	profit	NOUN
fbem-20440	48	38	mode	mode	NOUN
fbem-20440	48	39	,	,	PUNCT
fbem-20440	48	40	establish	establish	VERB
fbem-20440	48	41	wuliangye	wuliangye	NOUN
fbem-20440	48	42	brand	brand	NOUN
fbem-20440	48	43	and	and	CCONJ
fbem-20440	48	44	product	product	NOUN
fbem-20440	48	45	database	database	NOUN
fbem-20440	48	46	,	,	PUNCT
fbem-20440	48	47	for	for	ADP
fbem-20440	48	48	accurate	accurate	ADJ
fbem-20440	48	49	identification	identification	NOUN
fbem-20440	48	50	of	of	ADP
fbem-20440	48	51	consumer	consumer	NOUN
fbem-20440	48	52	groups	group	NOUN
fbem-20440	48	53	,	,	PUNCT
fbem-20440	48	54	channel	channel	NOUN
fbem-20440	48	55	maintenance	maintenance	NOUN
fbem-20440	48	56	,	,	PUNCT
fbem-20440	48	57	business	business	NOUN
fbem-20440	48	58	decision	decision	NOUN
fbem-20440	48	59	provides	provide	VERB
fbem-20440	48	60	a	a	DET
fbem-20440	48	61	big	big	ADJ
fbem-20440	48	62	data	data	NOUN
fbem-20440	48	63	support	support	NOUN
fbem-20440	48	64	.	.	PUNCT
fbem-20440	49	1	in	in	ADP
fbem-20440	49	2	the	the	DET
fbem-20440	49	3	same	same	ADJ
fbem-20440	49	4	year	year	NOUN
fbem-20440	49	5	launched	launch	VERB
fbem-20440	49	6	the	the	DET
fbem-20440	49	7	eighth	eighth	ADJ
fbem-20440	49	8	generation	generation	NOUN
fbem-20440	49	9	of	of	ADP
fbem-20440	49	10	"	"	PUNCT
fbem-20440	49	11	classic	classic	ADJ
fbem-20440	49	12	wuliangye	wuliangye	NOUN
fbem-20440	49	13	"	"	PUNCT
fbem-20440	49	14	realized	realize	VERB
fbem-20440	49	15	the	the	DET
fbem-20440	49	16	box	box	NOUN
fbem-20440	49	17	,	,	PUNCT
fbem-20440	49	18	box	box	NOUN
fbem-20440	49	19	,	,	PUNCT
fbem-20440	49	20	bottle	bottle	NOUN
fbem-20440	49	21	cap	cap	NOUN
fbem-20440	49	22	all	all	DET
fbem-20440	49	23	intelligent	intelligent	ADJ
fbem-20440	49	24	code	code	NOUN
fbem-20440	49	25	management	management	NOUN
fbem-20440	49	26	,	,	PUNCT
fbem-20440	49	27	implement	implement	VERB
fbem-20440	49	28	raw	raw	ADJ
fbem-20440	49	29	materials	material	NOUN
fbem-20440	49	30	,	,	PUNCT
fbem-20440	49	31	production	production	NOUN
fbem-20440	49	32	,	,	PUNCT
fbem-20440	49	33	logistics	logistic	NOUN
fbem-20440	49	34	,	,	PUNCT
fbem-20440	49	35	warehousing	warehousing	NOUN
fbem-20440	49	36	and	and	CCONJ
fbem-20440	49	37	sales	sale	NOUN
fbem-20440	49	38	of	of	ADP
fbem-20440	49	39	the	the	DET
fbem-20440	49	40	traceability	traceability	NOUN
fbem-20440	49	41	,	,	PUNCT
fbem-20440	49	42	at	at	ADP
fbem-20440	49	43	the	the	DET
fbem-20440	49	44	same	same	ADJ
fbem-20440	49	45	time	time	NOUN
fbem-20440	49	46	it	it	PRON
fbem-20440	49	47	is	be	AUX
fbem-20440	49	48	the	the	DET
fbem-20440	49	49	product	product	NOUN
fbem-20440	49	50	of	of	ADP
fbem-20440	49	51	wuliangye	wuliangye	PROPN
fbem-20440	49	52	digital	digital	ADJ
fbem-20440	49	53	transformation	transformation	NOUN
fbem-20440	49	54	,	,	PUNCT
fbem-20440	49	55	in	in	ADP
fbem-20440	49	56	it	it	PRON
fbem-20440	49	57	intuitively	intuitively	ADV
fbem-20440	49	58	embodies	embody	VERB
fbem-20440	49	59	the	the	DET
fbem-20440	49	60	wuliangye	wuliangye	NOUN
fbem-20440	49	61	control	control	NOUN
fbem-20440	49	62	plate	plate	NOUN
fbem-20440	49	63	profit	profit	NOUN
fbem-20440	49	64	mode	mode	NOUN
fbem-20440	49	65	,	,	PUNCT
fbem-20440	49	66	namely	namely	ADV
fbem-20440	49	67	:	:	PUNCT
fbem-20440	49	68	using	use	VERB
fbem-20440	49	69	digital	digital	NOUN
fbem-20440	49	70	,	,	PUNCT
fbem-20440	49	71	from	from	ADP
fbem-20440	49	72	the	the	DET
fbem-20440	49	73	supply	supply	NOUN
fbem-20440	49	74	chain	chain	NOUN
fbem-20440	49	75	,	,	PUNCT
fbem-20440	49	76	channels	channel	NOUN
fbem-20440	49	77	,	,	PUNCT
fbem-20440	49	78	consumers	consumer	NOUN
fbem-20440	49	79	,	,	PUNCT
fbem-20440	49	80	price	price	NOUN
fbem-20440	49	81	,	,	PUNCT
fbem-20440	49	82	goods	good	NOUN
fbem-20440	49	83	,	,	PUNCT
fbem-20440	49	84	demand	demand	NOUN
fbem-20440	49	85	plate	plate	NOUN
fbem-20440	49	86	three	three	NUM
fbem-20440	49	87	core	core	NOUN
fbem-20440	49	88	plate	plate	NOUN
fbem-20440	49	89	,	,	PUNCT
fbem-20440	49	90	order	order	NOUN
fbem-20440	49	91	plate	plate	NOUN
fbem-20440	49	92	,	,	PUNCT
fbem-20440	49	93	channel	channel	NOUN
fbem-20440	49	94	plate	plate	NOUN
fbem-20440	49	95	,	,	PUNCT
fbem-20440	49	96	service	service	NOUN
fbem-20440	49	97	plate	plate	NOUN
fbem-20440	49	98	three	three	NUM
fbem-20440	49	99	auxiliary	auxiliary	ADJ
fbem-20440	49	100	control	control	NOUN
fbem-20440	49	101	,	,	PUNCT
fbem-20440	49	102	strict	strict	ADJ
fbem-20440	49	103	management	management	NOUN
fbem-20440	49	104	of	of	ADP
fbem-20440	49	105	channel	channel	NOUN
fbem-20440	49	106	inventory	inventory	NOUN
fbem-20440	49	107	,	,	PUNCT
fbem-20440	49	108	control	control	VERB
fbem-20440	49	109	the	the	DET
fbem-20440	49	110	market	market	NOUN
fbem-20440	49	111	price	price	NOUN
fbem-20440	49	112	,	,	PUNCT
fbem-20440	49	113	to	to	PART
fbem-20440	49	114	ensure	ensure	VERB
fbem-20440	49	115	that	that	SCONJ
fbem-20440	49	116	the	the	DET
fbem-20440	49	117	sales	sale	NOUN
fbem-20440	49	118	channel	channel	NOUN
fbem-20440	49	119	each	each	DET
fbem-20440	49	120	link	link	NOUN
fbem-20440	49	121	of	of	ADP
fbem-20440	49	122	reasonable	reasonable	ADJ
fbem-20440	49	123	profits	profit	NOUN
fbem-20440	49	124	.	.	PUNCT
fbem-20440	50	1	in	in	ADP
fbem-20440	50	2	the	the	DET
fbem-20440	50	3	mode	mode	NOUN
fbem-20440	50	4	of	of	ADP
fbem-20440	50	5	disk	disk	NOUN
fbem-20440	50	6	control	control	NOUN
fbem-20440	50	7	and	and	CCONJ
fbem-20440	50	8	profit	profit	NOUN
fbem-20440	50	9	sharing	sharing	NOUN
fbem-20440	50	10	,	,	PUNCT
fbem-20440	50	11	wuliangye	wuliangye	NOUN
fbem-20440	50	12	establishes	establish	VERB
fbem-20440	50	13	direct	direct	ADJ
fbem-20440	50	14	71	71	NUM
fbem-20440	50	15	contact	contact	NOUN
fbem-20440	50	16	with	with	ADP
fbem-20440	50	17	dealers	dealer	NOUN
fbem-20440	50	18	,	,	PUNCT
fbem-20440	50	19	core	core	NOUN
fbem-20440	50	20	stores	store	NOUN
fbem-20440	50	21	and	and	CCONJ
fbem-20440	50	22	consumers	consumer	NOUN
fbem-20440	50	23	through	through	ADP
fbem-20440	50	24	binding	bind	VERB
fbem-20440	50	25	and	and	CCONJ
fbem-20440	50	26	code	code	NOUN
fbem-20440	50	27	scanning	scanning	NOUN
fbem-20440	50	28	by	by	ADP
fbem-20440	50	29	layers	layer	NOUN
fbem-20440	50	30	,	,	PUNCT
fbem-20440	50	31	so	so	SCONJ
fbem-20440	50	32	as	as	SCONJ
fbem-20440	50	33	to	to	PART
fbem-20440	50	34	realize	realize	VERB
fbem-20440	50	35	transparent	transparent	ADJ
fbem-20440	50	36	management	management	NOUN
fbem-20440	50	37	and	and	CCONJ
fbem-20440	50	38	efficient	efficient	ADJ
fbem-20440	50	39	coordination	coordination	NOUN
fbem-20440	50	40	of	of	ADP
fbem-20440	50	41	channel	channel	NOUN
fbem-20440	50	42	sales	sale	NOUN
fbem-20440	50	43	.	.	PUNCT
fbem-20440	51	1	the	the	DET
fbem-20440	51	2	mode	mode	NOUN
fbem-20440	51	3	of	of	ADP
fbem-20440	51	4	disk	disk	NOUN
fbem-20440	51	5	control	control	NOUN
fbem-20440	51	6	and	and	CCONJ
fbem-20440	51	7	profit	profit	NOUN
fbem-20440	51	8	sharing	sharing	NOUN
fbem-20440	51	9	corresponds	correspond	NOUN
fbem-20440	51	10	to	to	ADP
fbem-20440	51	11	modern	modern	ADJ
fbem-20440	51	12	marketing	marketing	NOUN
fbem-20440	51	13	concepts	concept	NOUN
fbem-20440	51	14	,	,	PUNCT
fbem-20440	51	15	expanding	expand	VERB
fbem-20440	51	16	the	the	DET
fbem-20440	51	17	marketing	marketing	NOUN
fbem-20440	51	18	radius	radius	NOUN
fbem-20440	51	19	from	from	ADP
fbem-20440	51	20	dealers	dealer	NOUN
fbem-20440	51	21	to	to	ADP
fbem-20440	51	22	core	core	NOUN
fbem-20440	51	23	stores	store	NOUN
fbem-20440	51	24	and	and	CCONJ
fbem-20440	51	25	consumers	consumer	NOUN
fbem-20440	51	26	,	,	PUNCT
fbem-20440	51	27	promoting	promote	VERB
fbem-20440	51	28	more	more	ADJ
fbem-20440	51	29	standardization	standardization	NOUN
fbem-20440	51	30	of	of	ADP
fbem-20440	51	31	all	all	DET
fbem-20440	51	32	links	link	NOUN
fbem-20440	51	33	,	,	PUNCT
fbem-20440	51	34	providing	provide	VERB
fbem-20440	51	35	more	more	ADV
fbem-20440	51	36	accurate	accurate	ADJ
fbem-20440	51	37	services	service	NOUN
fbem-20440	51	38	to	to	ADP
fbem-20440	51	39	consumers	consumer	NOUN
fbem-20440	51	40	,	,	PUNCT
fbem-20440	51	41	and	and	CCONJ
fbem-20440	51	42	finally	finally	ADV
fbem-20440	51	43	achieving	achieve	VERB
fbem-20440	51	44	the	the	DET
fbem-20440	51	45	goal	goal	NOUN
fbem-20440	51	46	of	of	ADP
fbem-20440	51	47	stabilizing	stabilize	VERB
fbem-20440	51	48	channel	channel	NOUN
fbem-20440	51	49	network	network	NOUN
fbem-20440	51	50	,	,	PUNCT
fbem-20440	51	51	stimulating	stimulate	VERB
fbem-20440	51	52	market	market	NOUN
fbem-20440	51	53	sales	sale	NOUN
fbem-20440	51	54	,	,	PUNCT
fbem-20440	51	55	improving	improve	VERB
fbem-20440	51	56	channel	channel	NOUN
fbem-20440	51	57	profits	profit	NOUN
fbem-20440	51	58	and	and	CCONJ
fbem-20440	51	59	purifying	purify	VERB
fbem-20440	51	60	channel	channel	NOUN
fbem-20440	51	61	order	order	NOUN
fbem-20440	51	62	.	.	PUNCT
fbem-20440	52	1	4	4	X
fbem-20440	52	2	.	.	X
fbem-20440	52	3	performance	performance	NOUN
fbem-20440	52	4	and	and	CCONJ
fbem-20440	52	5	effect	effect	NOUN
fbem-20440	52	6	of	of	ADP
fbem-20440	52	7	wuliangye	wuliangye	NOUN
fbem-20440	52	8	's	's	PART
fbem-20440	52	9	digital	digital	ADJ
fbem-20440	52	10	transformation	transformation	NOUN
fbem-20440	52	11	digital	digital	ADJ
fbem-20440	52	12	transformation	transformation	NOUN
fbem-20440	52	13	has	have	AUX
fbem-20440	52	14	become	become	VERB
fbem-20440	52	15	a	a	DET
fbem-20440	52	16	necessary	necessary	ADJ
fbem-20440	52	17	trend	trend	NOUN
fbem-20440	52	18	of	of	ADP
fbem-20440	52	19	the	the	DET
fbem-20440	52	20	stable	stable	ADJ
fbem-20440	52	21	development	development	NOUN
fbem-20440	52	22	of	of	ADP
fbem-20440	52	23	enterprises	enterprise	NOUN
fbem-20440	52	24	,	,	PUNCT
fbem-20440	52	25	this	this	DET
fbem-20440	52	26	paper	paper	NOUN
fbem-20440	52	27	in	in	ADP
fbem-20440	52	28	2017	2017	NUM
fbem-20440	52	29	as	as	ADP
fbem-20440	52	30	wuliangye	wuliangye	VERB
fbem-20440	52	31	digital	digital	ADJ
fbem-20440	52	32	transformation	transformation	NOUN
fbem-20440	52	33	"	"	PUNCT
fbem-20440	52	34	line	line	NOUN
fbem-20440	52	35	"	"	PUNCT
fbem-20440	52	36	,	,	PUNCT
fbem-20440	52	37	before	before	ADP
fbem-20440	52	38	2017	2017	NUM
fbem-20440	52	39	as	as	ADP
fbem-20440	52	40	its	its	PRON
fbem-20440	52	41	transition	transition	NOUN
fbem-20440	52	42	period	period	NOUN
fbem-20440	52	43	,	,	PUNCT
fbem-20440	52	44	after	after	ADP
fbem-20440	52	45	2017	2017	NUM
fbem-20440	52	46	years	year	NOUN
fbem-20440	52	47	for	for	ADP
fbem-20440	52	48	its	its	PRON
fbem-20440	52	49	digital	digital	ADJ
fbem-20440	52	50	transformation	transformation	NOUN
fbem-20440	52	51	period	period	NOUN
fbem-20440	52	52	,	,	PUNCT
fbem-20440	52	53	and	and	CCONJ
fbem-20440	52	54	through	through	ADP
fbem-20440	52	55	the	the	DET
fbem-20440	52	56	two	two	NUM
fbem-20440	52	57	periods	period	NOUN
fbem-20440	52	58	and	and	CCONJ
fbem-20440	52	59	compared	compare	VERB
fbem-20440	52	60	with	with	ADP
fbem-20440	52	61	the	the	DET
fbem-20440	52	62	same	same	ADJ
fbem-20440	52	63	industry	industry	NOUN
fbem-20440	52	64	kweichow	kweichow	PROPN
fbem-20440	52	65	moutai	moutai	PROPN
fbem-20440	52	66	,	,	PUNCT
fbem-20440	52	67	luzhou	luzhou	ADJ
fbem-20440	52	68	old	old	ADJ
fbem-20440	52	69	cellar	cellar	NOUN
fbem-20440	52	70	,	,	PUNCT
fbem-20440	52	71	analysis	analysis	NOUN
fbem-20440	52	72	of	of	ADP
fbem-20440	52	73	wuliangye	wuliangye	NOUN
fbem-20440	52	74	digital	digital	ADJ
fbem-20440	52	75	transformation	transformation	NOUN
fbem-20440	52	76	on	on	ADP
fbem-20440	52	77	its	its	PRON
fbem-20440	52	78	financial	financial	ADJ
fbem-20440	52	79	performance	performance	NOUN
fbem-20440	52	80	,	,	PUNCT
fbem-20440	52	81	for	for	ADP
fbem-20440	52	82	other	other	ADJ
fbem-20440	52	83	enterprises	enterprise	NOUN
fbem-20440	52	84	in	in	ADP
fbem-20440	52	85	the	the	DET
fbem-20440	52	86	same	same	ADJ
fbem-20440	52	87	industry	industry	NOUN
fbem-20440	52	88	how	how	SCONJ
fbem-20440	52	89	to	to	PART
fbem-20440	52	90	provide	provide	VERB
fbem-20440	52	91	digital	digital	ADJ
fbem-20440	52	92	transformation	transformation	NOUN
fbem-20440	52	93	.	.	PUNCT
fbem-20440	53	1	4.1	4.1	NUM
fbem-20440	53	2	.	.	PUNCT
fbem-20440	53	3	profitability	profitability	NOUN
fbem-20440	53	4	analysis	analysis	NOUN
fbem-20440	53	5	profitability	profitability	NOUN
fbem-20440	53	6	is	be	AUX
fbem-20440	53	7	an	an	DET
fbem-20440	53	8	important	important	ADJ
fbem-20440	53	9	indicator	indicator	NOUN
fbem-20440	53	10	to	to	PART
fbem-20440	53	11	measure	measure	VERB
fbem-20440	53	12	the	the	DET
fbem-20440	53	13	success	success	NOUN
fbem-20440	53	14	of	of	ADP
fbem-20440	53	15	digital	digital	ADJ
fbem-20440	53	16	transformation	transformation	NOUN
fbem-20440	53	17	.	.	PUNCT
fbem-20440	54	1	analyzing	analyze	VERB
fbem-20440	54	2	the	the	DET
fbem-20440	54	3	value	value	NOUN
fbem-20440	54	4	of	of	ADP
fbem-20440	54	5	wuliangye	wuliangye	PROPN
fbem-20440	54	6	digital	digital	ADJ
fbem-20440	54	7	transformation	transformation	NOUN
fbem-20440	54	8	,	,	PUNCT
fbem-20440	54	9	we	we	PRON
fbem-20440	54	10	find	find	VERB
fbem-20440	54	11	that	that	SCONJ
fbem-20440	54	12	its	its	PRON
fbem-20440	54	13	profit	profit	NOUN
fbem-20440	54	14	performance	performance	NOUN
fbem-20440	54	15	is	be	AUX
fbem-20440	54	16	getting	get	VERB
fbem-20440	54	17	better	well	ADJ
fbem-20440	54	18	and	and	CCONJ
fbem-20440	54	19	better	well	ADJ
fbem-20440	54	20	,	,	PUNCT
fbem-20440	54	21	its	its	PRON
fbem-20440	54	22	profitability	profitability	NOUN
fbem-20440	54	23	is	be	AUX
fbem-20440	54	24	getting	get	VERB
fbem-20440	54	25	stronger	strong	ADJ
fbem-20440	54	26	and	and	CCONJ
fbem-20440	54	27	stronger	strong	ADJ
fbem-20440	54	28	,	,	PUNCT
fbem-20440	54	29	the	the	DET
fbem-20440	54	30	profit	profit	NOUN
fbem-20440	54	31	indicators	indicator	NOUN
fbem-20440	54	32	of	of	ADP
fbem-20440	54	33	the	the	DET
fbem-20440	54	34	enterprise	enterprise	NOUN
fbem-20440	54	35	have	have	AUX
fbem-20440	54	36	increased	increase	VERB
fbem-20440	54	37	significantly	significantly	ADV
fbem-20440	54	38	,	,	PUNCT
fbem-20440	54	39	and	and	CCONJ
fbem-20440	54	40	the	the	DET
fbem-20440	54	41	profit	profit	NOUN
fbem-20440	54	42	quality	quality	NOUN
fbem-20440	54	43	is	be	AUX
fbem-20440	54	44	high	high	ADJ
fbem-20440	54	45	,	,	PUNCT
fbem-20440	54	46	indicating	indicate	VERB
fbem-20440	54	47	that	that	SCONJ
fbem-20440	54	48	the	the	DET
fbem-20440	54	49	digital	digital	ADJ
fbem-20440	54	50	transformation	transformation	NOUN
fbem-20440	54	51	has	have	AUX
fbem-20440	54	52	created	create	VERB
fbem-20440	54	53	more	more	ADJ
fbem-20440	54	54	value	value	NOUN
fbem-20440	54	55	for	for	ADP
fbem-20440	54	56	wuliangye	wuliangye	NOUN
fbem-20440	54	57	.	.	PUNCT
fbem-20440	55	1	figure	figure	NOUN
fbem-20440	55	2	1	1	NUM
fbem-20440	55	3	.	.	PUNCT
fbem-20440	55	4	comparative	comparative	ADJ
fbem-20440	55	5	analysis	analysis	NOUN
fbem-20440	55	6	of	of	ADP
fbem-20440	55	7	the	the	DET
fbem-20440	55	8	net	net	ADJ
fbem-20440	55	9	interest	interest	NOUN
fbem-20440	55	10	rate	rate	NOUN
fbem-20440	55	11	of	of	ADP
fbem-20440	55	12	sales	sale	NOUN
fbem-20440	55	13	as	as	SCONJ
fbem-20440	55	14	can	can	AUX
fbem-20440	55	15	be	be	AUX
fbem-20440	55	16	seen	see	VERB
fbem-20440	55	17	from	from	ADP
fbem-20440	55	18	the	the	DET
fbem-20440	55	19	figure	figure	NOUN
fbem-20440	55	20	above	above	ADP
fbem-20440	55	21	above	above	ADV
fbem-20440	55	22	,	,	PUNCT
fbem-20440	55	23	from	from	ADP
fbem-20440	55	24	2016	2016	NUM
fbem-20440	55	25	to	to	ADP
fbem-20440	55	26	2022	2022	NUM
fbem-20440	55	27	,	,	PUNCT
fbem-20440	55	28	the	the	DET
fbem-20440	55	29	net	net	ADJ
fbem-20440	55	30	sales	sale	NOUN
fbem-20440	55	31	interest	interest	NOUN
fbem-20440	55	32	rate	rate	NOUN
fbem-20440	55	33	of	of	ADP
fbem-20440	55	34	wuliangye	wuliangye	NOUN
fbem-20440	55	35	keeps	keeps	AUX
fbem-20440	55	36	increasing	increase	VERB
fbem-20440	55	37	,	,	PUNCT
fbem-20440	55	38	showing	show	VERB
fbem-20440	55	39	an	an	DET
fbem-20440	55	40	upward	upward	ADJ
fbem-20440	55	41	trend	trend	NOUN
fbem-20440	55	42	.	.	PUNCT
fbem-20440	56	1	although	although	SCONJ
fbem-20440	56	2	it	it	PRON
fbem-20440	56	3	is	be	AUX
fbem-20440	56	4	not	not	PART
fbem-20440	56	5	as	as	ADV
fbem-20440	56	6	good	good	ADJ
fbem-20440	56	7	as	as	ADP
fbem-20440	56	8	kweichow	kweichow	PROPN
fbem-20440	56	9	moutai	moutai	PROPN
fbem-20440	56	10	,	,	PUNCT
fbem-20440	56	11	which	which	PRON
fbem-20440	56	12	is	be	AUX
fbem-20440	56	13	unparalleled	unparalleled	ADJ
fbem-20440	56	14	,	,	PUNCT
fbem-20440	56	15	the	the	DET
fbem-20440	56	16	net	net	ADJ
fbem-20440	56	17	sales	sale	NOUN
fbem-20440	56	18	interest	interest	NOUN
fbem-20440	56	19	rate	rate	NOUN
fbem-20440	56	20	of	of	ADP
fbem-20440	56	21	wuliangye	wuliangye	NOUN
fbem-20440	56	22	is	be	AUX
fbem-20440	56	23	higher	high	ADJ
fbem-20440	56	24	than	than	ADP
fbem-20440	56	25	that	that	PRON
fbem-20440	56	26	of	of	ADP
fbem-20440	56	27	luzhou	luzhou	ADJ
fbem-20440	56	28	laojiao	laojiao	NOUN
fbem-20440	56	29	before	before	ADP
fbem-20440	56	30	2021	2021	NUM
fbem-20440	56	31	.	.	PUNCT
fbem-20440	57	1	from	from	ADP
fbem-20440	57	2	wuliangye	wuliangye	PROPN
fbem-20440	57	3	annual	annual	ADJ
fbem-20440	57	4	report	report	NOUN
fbem-20440	57	5	disclosure	disclosure	NOUN
fbem-20440	57	6	data	datum	NOUN
fbem-20440	57	7	,	,	PUNCT
fbem-20440	57	8	sales	sale	NOUN
fbem-20440	57	9	net	net	ADJ
fbem-20440	57	10	interest	interest	NOUN
fbem-20440	57	11	rate	rate	NOUN
fbem-20440	57	12	is	be	AUX
fbem-20440	57	13	less	less	ADJ
fbem-20440	57	14	than	than	ADP
fbem-20440	57	15	30	30	NUM
fbem-20440	57	16	%	%	NOUN
fbem-20440	57	17	in	in	ADP
fbem-20440	57	18	2016	2016	NUM
fbem-20440	57	19	,	,	PUNCT
fbem-20440	57	20	this	this	PRON
fbem-20440	57	21	is	be	AUX
fbem-20440	57	22	due	due	ADJ
fbem-20440	57	23	to	to	ADP
fbem-20440	57	24	its	its	PRON
fbem-20440	57	25	price	price	NOUN
fbem-20440	57	26	decision	decision	NOUN
fbem-20440	57	27	error	error	NOUN
fbem-20440	57	28	,	,	PUNCT
fbem-20440	57	29	continuous	continuous	ADJ
fbem-20440	57	30	lower	low	ADJ
fbem-20440	57	31	product	product	NOUN
fbem-20440	57	32	ex	ex	NOUN
fbem-20440	57	33	-	-	ADJ
fbem-20440	57	34	factory	factory	ADJ
fbem-20440	57	35	prices	price	NOUN
fbem-20440	57	36	,	,	PUNCT
fbem-20440	57	37	then	then	ADV
fbem-20440	57	38	frequently	frequently	ADV
fbem-20440	57	39	raise	raise	VERB
fbem-20440	57	40	prices	price	NOUN
fbem-20440	57	41	,	,	PUNCT
fbem-20440	57	42	cause	cause	VERB
fbem-20440	57	43	the	the	DET
fbem-20440	57	44	dealer	dealer	NOUN
fbem-20440	57	45	interests	interest	NOUN
fbem-20440	57	46	are	be	AUX
fbem-20440	57	47	damaged	damage	VERB
fbem-20440	57	48	,	,	PUNCT
fbem-20440	57	49	and	and	CCONJ
fbem-20440	57	50	the	the	DET
fbem-20440	57	51	main	main	ADJ
fbem-20440	57	52	brand	brand	NOUN
fbem-20440	57	53	and	and	CCONJ
fbem-20440	57	54	it	it	PRON
fbem-20440	57	55	is	be	AUX
fbem-20440	57	56	difficult	difficult	ADJ
fbem-20440	57	57	to	to	PART
fbem-20440	57	58	distinguish	distinguish	VERB
fbem-20440	57	59	between	between	ADP
fbem-20440	57	60	the	the	DET
fbem-20440	57	61	brand	brand	NOUN
fbem-20440	57	62	,	,	PUNCT
fbem-20440	57	63	affect	affect	VERB
fbem-20440	57	64	consumer	consumer	NOUN
fbem-20440	57	65	cognition	cognition	NOUN
fbem-20440	57	66	,	,	PUNCT
fbem-20440	57	67	product	product	NOUN
fbem-20440	57	68	uneven	uneven	ADV
fbem-20440	57	69	weakened	weaken	VERB
fbem-20440	57	70	the	the	DET
fbem-20440	57	71	high	high	ADJ
fbem-20440	57	72	-	-	PUNCT
fbem-20440	57	73	end	end	NOUN
fbem-20440	57	74	image	image	NOUN
fbem-20440	57	75	of	of	ADP
fbem-20440	57	76	wuliangye	wuliangye	NOUN
fbem-20440	57	77	positioning	positioning	NOUN
fbem-20440	57	78	,	,	PUNCT
fbem-20440	57	79	in	in	ADP
fbem-20440	57	80	addition	addition	NOUN
fbem-20440	57	81	,	,	PUNCT
fbem-20440	57	82	wuliangye	wuliangye	VERB
fbem-20440	57	83	open	open	ADJ
fbem-20440	57	84	diversification	diversification	NOUN
fbem-20440	57	85	,	,	PUNCT
fbem-20440	57	86	due	due	ADP
fbem-20440	57	87	to	to	ADP
fbem-20440	57	88	the	the	DET
fbem-20440	57	89	lack	lack	NOUN
fbem-20440	57	90	of	of	ADP
fbem-20440	57	91	experience	experience	NOUN
fbem-20440	57	92	,	,	PUNCT
fbem-20440	57	93	but	but	CCONJ
fbem-20440	57	94	drag	drag	VERB
fbem-20440	57	95	on	on	ADP
fbem-20440	57	96	the	the	DET
fbem-20440	57	97	liquor	liquor	NOUN
fbem-20440	57	98	business	business	NOUN
fbem-20440	57	99	.	.	PUNCT
fbem-20440	58	1	but	but	CCONJ
fbem-20440	58	2	since	since	SCONJ
fbem-20440	58	3	2017	2017	NUM
fbem-20440	58	4	,	,	PUNCT
fbem-20440	58	5	wuliangye	wuliangye	NOUN
fbem-20440	58	6	measures	measure	NOUN
fbem-20440	58	7	,	,	PUNCT
fbem-20440	58	8	including	include	VERB
fbem-20440	58	9	carding	card	VERB
fbem-20440	58	10	product	product	NOUN
fbem-20440	58	11	system	system	NOUN
fbem-20440	58	12	,	,	PUNCT
fbem-20440	58	13	put	put	VERB
fbem-20440	58	14	forward	forward	ADV
fbem-20440	58	15	the	the	DET
fbem-20440	58	16	"	"	PUNCT
fbem-20440	58	17	full	full	ADJ
fbem-20440	58	18	implementation	implementation	NOUN
fbem-20440	58	19	of	of	ADP
fbem-20440	58	20	digital	digital	ADJ
fbem-20440	58	21	strategy	strategy	NOUN
fbem-20440	58	22	"	"	PUNCT
fbem-20440	58	23	idea	idea	NOUN
fbem-20440	58	24	,	,	PUNCT
fbem-20440	58	25	"	"	PUNCT
fbem-20440	58	26	1	1	NUM
fbem-20440	58	27	+	+	SYM
fbem-20440	58	28	3	3	NUM
fbem-20440	58	29	"	"	PUNCT
fbem-20440	58	30	strategy	strategy	NOUN
fbem-20440	58	31	,	,	PUNCT
fbem-20440	58	32	to	to	PART
fbem-20440	58	33	reshape	reshape	VERB
fbem-20440	58	34	the	the	DET
fbem-20440	58	35	brand	brand	NOUN
fbem-20440	58	36	image	image	NOUN
fbem-20440	58	37	partial	partial	ADJ
fbem-20440	58	38	multi	multi	ADJ
fbem-20440	58	39	-	-	ADJ
fbem-20440	58	40	channel	channel	ADJ
fbem-20440	58	41	shelves	shelve	VERB
fbem-20440	58	42	73	73	NUM
fbem-20440	58	43	homogeneous	homogeneous	ADJ
fbem-20440	58	44	products	product	NOUN
fbem-20440	58	45	,	,	PUNCT
fbem-20440	58	46	etc	etc	X
fbem-20440	58	47	.	.	X
fbem-20440	58	48	,	,	PUNCT
fbem-20440	58	49	prompted	prompt	VERB
fbem-20440	58	50	wuliangye	wuliangye	NOUN
fbem-20440	58	51	sales	sale	NOUN
fbem-20440	58	52	net	net	ADJ
fbem-20440	58	53	interest	interest	NOUN
fbem-20440	58	54	rate	rate	NOUN
fbem-20440	58	55	rise	rise	NOUN
fbem-20440	58	56	,	,	PUNCT
fbem-20440	58	57	that	that	SCONJ
fbem-20440	58	58	the	the	DET
fbem-20440	58	59	company	company	NOUN
fbem-20440	58	60	take	take	VERB
fbem-20440	58	61	a	a	DET
fbem-20440	58	62	series	series	NOUN
fbem-20440	58	63	of	of	ADP
fbem-20440	58	64	measures	measure	NOUN
fbem-20440	58	65	is	be	AUX
fbem-20440	58	66	effective	effective	ADJ
fbem-20440	58	67	and	and	CCONJ
fbem-20440	58	68	feasible	feasible	ADJ
fbem-20440	58	69	,	,	PUNCT
fbem-20440	58	70	also	also	ADV
fbem-20440	58	71	can	can	AUX
fbem-20440	58	72	prove	prove	VERB
fbem-20440	58	73	the	the	DET
fbem-20440	58	74	digital	digital	ADJ
fbem-20440	58	75	transformation	transformation	NOUN
fbem-20440	58	76	to	to	PART
fbem-20440	58	77	improve	improve	VERB
fbem-20440	58	78	enterprise	enterprise	NOUN
fbem-20440	58	79	profitability	profitability	NOUN
fbem-20440	58	80	is	be	AUX
fbem-20440	58	81	effective	effective	ADJ
fbem-20440	58	82	.	.	PUNCT
fbem-20440	59	1	figure	figure	NOUN
fbem-20440	59	2	2	2	NUM
fbem-20440	59	3	.	.	PUNCT
fbem-20440	59	4	comparative	comparative	ADJ
fbem-20440	59	5	analysis	analysis	NOUN
fbem-20440	59	6	of	of	ADP
fbem-20440	59	7	return	return	NOUN
fbem-20440	59	8	on	on	ADP
fbem-20440	59	9	equity	equity	NOUN
fbem-20440	59	10	2016年	2016年	NOUN
fbem-20440	59	11	2017年	2017年	NOUN
fbem-20440	59	12	2018年	2018年	NUM
fbem-20440	59	13	2019年	2019年	NOUN
fbem-20440	59	14	2020年	2020年	NOUN
fbem-20440	59	15	2021年	2021年	NUM
fbem-20440	59	16	2022年	2022年	NUM
fbem-20440	59	17	五粮液	五粮液	PROPN
fbem-20440	59	18	28.75	28.75	NUM
fbem-20440	59	19	33.41	33.41	NUM
fbem-20440	59	20	35.07	35.07	NUM
fbem-20440	59	21	36.37	36.37	NUM
fbem-20440	59	22	36.48	36.48	NUM
fbem-20440	59	23	37.02	37.02	NUM
fbem-20440	59	24	37.81	37.81	NUM
fbem-20440	59	25	贵州茅台	贵州茅台	NOUN
fbem-20440	59	26	46.14	46.14	NUM
fbem-20440	59	27	49.82	49.82	NUM
fbem-20440	59	28	51.37	51.37	NUM
fbem-20440	59	29	51.47	51.47	NUM
fbem-20440	59	30	52.18	52.18	NUM
fbem-20440	59	31	52.47	52.47	NUM
fbem-20440	59	32	52.68	52.68	NUM
fbem-20440	59	33	泸州	泸州	NOUN
fbem-20440	59	34	⽼	⽼	X
fbem-20440	59	35	窖	窖	VERB
fbem-20440	59	36	22.94	22.94	NUM
fbem-20440	59	37	25.03	25.03	NUM
fbem-20440	59	38	26.89	26.89	NUM
fbem-20440	59	39	29.35	29.35	NUM
fbem-20440	59	40	35.78	35.78	NUM
fbem-20440	59	41	38.45	38.45	NUM
fbem-20440	59	42	41.44	41.44	NUM
fbem-20440	59	43	销	销	X
fbem-20440	59	44	售	售	X
fbem-20440	59	45	净	净	X
fbem-20440	59	46	利	利	SYM
fbem-20440	59	47	率	率	NOUN
fbem-20440	60	1	（	（	PUNCT
fbem-20440	60	2	%	%	X
fbem-20440	60	3	）	）	PUNCT
fbem-20440	60	4	2016年	2016年	NOUN
fbem-20440	60	5	2017年	2017年	NOUN
fbem-20440	60	6	2018年	2018年	NUM
fbem-20440	60	7	2019年	2019年	NOUN
fbem-20440	60	8	2020年	2020年	NOUN
fbem-20440	60	9	2021年	2021年	NUM
fbem-20440	60	10	2022年	2022年	NUM
fbem-20440	60	11	五粮液	五粮液	PROPN
fbem-20440	60	12	15.01	15.01	NUM
fbem-20440	60	13	19.38	19.38	NUM
fbem-20440	60	14	22.8	22.8	NUM
fbem-20440	60	15	25.26	25.26	NUM
fbem-20440	60	16	24.94	24.94	NUM
fbem-20440	60	17	25.3	25.3	NUM
fbem-20440	60	18	25.28	25.28	NUM
fbem-20440	60	19	贵州茅台	贵州茅台	NOUN
fbem-20440	60	20	24.44	24.44	NUM
fbem-20440	60	21	32.95	32.95	NUM
fbem-20440	60	22	34.46	34.46	NUM
fbem-20440	60	23	33.09	33.09	NUM
fbem-20440	60	24	31.41	31.41	NUM
fbem-20440	60	25	29.9	29.9	NUM
fbem-20440	60	26	30.26	30.26	NUM
fbem-20440	60	27	泸州	泸州	NOUN
fbem-20440	60	28	⽼	⽼	NOUN
fbem-20440	60	29	窖	窖	VERB
fbem-20440	60	30	18.12	18.12	NUM
fbem-20440	60	31	20.3	20.3	NUM
fbem-20440	60	32	21.81	21.81	NUM
fbem-20440	60	33	25.5	25.5	NUM
fbem-20440	60	34	28.27	28.27	NUM
fbem-20440	60	35	31.35	31.35	NUM
fbem-20440	60	36	33.32	33.32	NUM
fbem-20440	60	37	净	净	NOUN
fbem-20440	60	38	资	资	PROPN
fbem-20440	60	39	产	产	X
fbem-20440	60	40	收	收	X
fbem-20440	60	41	益	益	X
fbem-20440	60	42	率	率	X
fbem-20440	60	43	（	（	PUNCT
fbem-20440	61	1	%	%	INTJ
fbem-20440	61	2	）	）	SYM
fbem-20440	61	3	72	72	NUM
fbem-20440	61	4	return	return	NOUN
fbem-20440	61	5	on	on	ADP
fbem-20440	61	6	equity	equity	NOUN
fbem-20440	61	7	is	be	AUX
fbem-20440	61	8	the	the	DET
fbem-20440	61	9	enterprise	enterprise	NOUN
fbem-20440	61	10	's	's	PART
fbem-20440	61	11	own	own	ADJ
fbem-20440	61	12	capital	capital	NOUN
fbem-20440	61	13	access	access	NOUN
fbem-20440	61	14	to	to	ADP
fbem-20440	61	15	net	net	ADJ
fbem-20440	61	16	assets	asset	NOUN
fbem-20440	61	17	return	return	VERB
fbem-20440	61	18	ability	ability	NOUN
fbem-20440	61	19	of	of	ADP
fbem-20440	61	20	financial	financial	ADJ
fbem-20440	61	21	indicators	indicator	NOUN
fbem-20440	61	22	,	,	PUNCT
fbem-20440	61	23	according	accord	VERB
fbem-20440	61	24	to	to	ADP
fbem-20440	61	25	the	the	DET
fbem-20440	61	26	change	change	NOUN
fbem-20440	61	27	trend	trend	NOUN
fbem-20440	61	28	above	above	ADV
fbem-20440	61	29	,	,	PUNCT
fbem-20440	61	30	before	before	ADP
fbem-20440	61	31	the	the	DET
fbem-20440	61	32	digital	digital	ADJ
fbem-20440	61	33	transformation	transformation	NOUN
fbem-20440	61	34	,	,	PUNCT
fbem-20440	61	35	wuliangye	wuliangye	NOUN
fbem-20440	61	36	return	return	NOUN
fbem-20440	61	37	on	on	ADP
fbem-20440	61	38	equity	equity	NOUN
fbem-20440	61	39	is	be	AUX
fbem-20440	61	40	less	less	ADJ
fbem-20440	61	41	than	than	ADP
fbem-20440	61	42	20	20	NUM
fbem-20440	61	43	%	%	NOUN
fbem-20440	61	44	,	,	PUNCT
fbem-20440	61	45	as	as	ADP
fbem-20440	61	46	2017	2017	NUM
fbem-20440	61	47	digital	digital	ADJ
fbem-20440	61	48	transformation	transformation	NOUN
fbem-20440	61	49	,	,	PUNCT
fbem-20440	61	50	equity	equity	NOUN
fbem-20440	61	51	returns	return	NOUN
fbem-20440	61	52	significantly	significantly	ADV
fbem-20440	61	53	in	in	ADP
fbem-20440	61	54	2016	2016	NUM
fbem-20440	61	55	,	,	PUNCT
fbem-20440	61	56	increase	increase	NOUN
fbem-20440	61	57	of	of	ADP
fbem-20440	61	58	about	about	ADV
fbem-20440	61	59	7	7	NUM
fbem-20440	61	60	%	%	NOUN
fbem-20440	61	61	,	,	PUNCT
fbem-20440	61	62	and	and	CCONJ
fbem-20440	61	63	with	with	ADP
fbem-20440	61	64	the	the	DET
fbem-20440	61	65	advancement	advancement	NOUN
fbem-20440	61	66	of	of	ADP
fbem-20440	61	67	digital	digital	ADJ
fbem-20440	61	68	transformation	transformation	NOUN
fbem-20440	61	69	,	,	PUNCT
fbem-20440	61	70	wuliangye	wuliangye	NOUN
fbem-20440	61	71	return	return	NOUN
fbem-20440	61	72	on	on	ADP
fbem-20440	61	73	equity	equity	NOUN
fbem-20440	61	74	in	in	ADP
fbem-20440	61	75	rising	rise	VERB
fbem-20440	61	76	.	.	PUNCT
fbem-20440	62	1	this	this	PRON
fbem-20440	62	2	shows	show	VERB
fbem-20440	62	3	that	that	SCONJ
fbem-20440	62	4	wuliangye	wuliangye	NOUN
fbem-20440	62	5	has	have	AUX
fbem-20440	62	6	played	play	VERB
fbem-20440	62	7	its	its	PRON
fbem-20440	62	8	ability	ability	NOUN
fbem-20440	62	9	to	to	PART
fbem-20440	62	10	obtain	obtain	VERB
fbem-20440	62	11	net	net	ADJ
fbem-20440	62	12	income	income	NOUN
fbem-20440	62	13	from	from	ADP
fbem-20440	62	14	its	its	PRON
fbem-20440	62	15	own	own	ADJ
fbem-20440	62	16	capital	capital	NOUN
fbem-20440	62	17	with	with	ADP
fbem-20440	62	18	the	the	DET
fbem-20440	62	19	help	help	NOUN
fbem-20440	62	20	of	of	ADP
fbem-20440	62	21	digital	digital	ADJ
fbem-20440	62	22	transformation	transformation	NOUN
fbem-20440	62	23	.	.	PUNCT
fbem-20440	63	1	since	since	SCONJ
fbem-20440	63	2	2017	2017	NUM
fbem-20440	63	3	since	since	SCONJ
fbem-20440	63	4	the	the	DET
fbem-20440	63	5	deployment	deployment	NOUN
fbem-20440	63	6	of	of	ADP
fbem-20440	63	7	digital	digital	ADJ
fbem-20440	63	8	transformation	transformation	NOUN
fbem-20440	63	9	strategy	strategy	NOUN
fbem-20440	63	10	,	,	PUNCT
fbem-20440	63	11	wuliangye	wuliangye	VERB
fbem-20440	63	12	net	net	ADJ
fbem-20440	63	13	asset	asset	NOUN
fbem-20440	63	14	yield	yield	NOUN
fbem-20440	63	15	rising	rise	VERB
fbem-20440	63	16	steadily	steadily	ADV
fbem-20440	63	17	,	,	PUNCT
fbem-20440	63	18	from	from	ADP
fbem-20440	63	19	15.01	15.01	NUM
fbem-20440	63	20	%	%	NOUN
fbem-20440	63	21	in	in	ADP
fbem-20440	63	22	2016	2016	NUM
fbem-20440	63	23	to	to	ADP
fbem-20440	63	24	25.28	25.28	NUM
fbem-20440	63	25	%	%	NOUN
fbem-20440	63	26	in	in	ADP
fbem-20440	63	27	2022	2022	NUM
fbem-20440	63	28	,	,	PUNCT
fbem-20440	63	29	year	year	NOUN
fbem-20440	63	30	-	-	PUNCT
fbem-20440	63	31	on	on	ADP
fbem-20440	63	32	-	-	PUNCT
fbem-20440	63	33	year	year	NOUN
fbem-20440	63	34	growth	growth	NOUN
fbem-20440	63	35	of	of	ADP
fbem-20440	63	36	10.27	10.27	NUM
fbem-20440	63	37	%	%	NOUN
fbem-20440	63	38	,	,	PUNCT
fbem-20440	63	39	and	and	CCONJ
fbem-20440	63	40	the	the	DET
fbem-20440	63	41	same	same	ADJ
fbem-20440	63	42	year	year	NOUN
fbem-20440	63	43	began	begin	VERB
fbem-20440	63	44	the	the	DET
fbem-20440	63	45	transformation	transformation	NOUN
fbem-20440	63	46	of	of	ADP
fbem-20440	63	47	luzhou	luzhou	ADJ
fbem-20440	63	48	old	old	ADJ
fbem-20440	63	49	cellar	cellar	NOUN
fbem-20440	63	50	go	go	VERB
fbem-20440	63	51	hand	hand	NOUN
fbem-20440	63	52	in	in	ADP
fbem-20440	63	53	hand	hand	NOUN
fbem-20440	63	54	,	,	PUNCT
fbem-20440	63	55	and	and	CCONJ
fbem-20440	63	56	narrowing	narrow	VERB
fbem-20440	63	57	the	the	DET
fbem-20440	63	58	gap	gap	NOUN
fbem-20440	63	59	with	with	ADP
fbem-20440	63	60	industry	industry	NOUN
fbem-20440	63	61	leading	lead	VERB
fbem-20440	63	62	kweichow	kweichow	PROPN
fbem-20440	63	63	moutai	moutai	NOUN
fbem-20440	63	64	,	,	PUNCT
fbem-20440	63	65	economic	economic	ADJ
fbem-20440	63	66	situation	situation	NOUN
fbem-20440	63	67	,	,	PUNCT
fbem-20440	63	68	further	far	ADV
fbem-20440	63	69	shows	show	VERB
fbem-20440	63	70	that	that	SCONJ
fbem-20440	63	71	the	the	DET
fbem-20440	63	72	digital	digital	ADJ
fbem-20440	63	73	transformation	transformation	NOUN
fbem-20440	63	74	of	of	ADP
fbem-20440	63	75	wuliangye	wuliangye	NOUN
fbem-20440	63	76	get	get	VERB
fbem-20440	63	77	net	net	ADJ
fbem-20440	63	78	asset	asset	NOUN
fbem-20440	63	79	income	income	NOUN
fbem-20440	63	80	ability	ability	NOUN
fbem-20440	63	81	to	to	PART
fbem-20440	63	82	effectively	effectively	ADV
fbem-20440	63	83	improve	improve	VERB
fbem-20440	63	84	.	.	PUNCT
fbem-20440	64	1	from	from	ADP
fbem-20440	64	2	the	the	DET
fbem-20440	64	3	above	above	NOUN
fbem-20440	64	4	,	,	PUNCT
fbem-20440	64	5	wuliangye	wuliangye	VERB
fbem-20440	64	6	net	net	ADJ
fbem-20440	64	7	return	return	NOUN
fbem-20440	64	8	in	in	ADP
fbem-20440	64	9	2020	2020	NUM
fbem-20440	64	10	small	small	ADJ
fbem-20440	64	11	decline	decline	NOUN
fbem-20440	64	12	,	,	PUNCT
fbem-20440	64	13	but	but	CCONJ
fbem-20440	64	14	soon	soon	ADV
fbem-20440	64	15	rebound	rebound	VERB
fbem-20440	64	16	,	,	PUNCT
fbem-20440	64	17	this	this	PRON
fbem-20440	64	18	is	be	AUX
fbem-20440	64	19	due	due	ADJ
fbem-20440	64	20	to	to	ADP
fbem-20440	64	21	the	the	DET
fbem-20440	64	22	new	new	ADJ
fbem-20440	64	23	crown	crown	NOUN
fbem-20440	64	24	outbreak	outbreak	NOUN
fbem-20440	64	25	,	,	PUNCT
fbem-20440	64	26	strict	strict	ADJ
fbem-20440	64	27	controls	control	NOUN
fbem-20440	64	28	to	to	PART
fbem-20440	64	29	reduce	reduce	VERB
fbem-20440	64	30	the	the	DET
fbem-20440	64	31	population	population	NOUN
fbem-20440	64	32	flow	flow	NOUN
fbem-20440	64	33	,	,	PUNCT
fbem-20440	64	34	alcohol	alcohol	NOUN
fbem-20440	64	35	products	product	NOUN
fbem-20440	64	36	terminal	terminal	NOUN
fbem-20440	64	37	products	product	NOUN
fbem-20440	64	38	,	,	PUNCT
fbem-20440	64	39	the	the	DET
fbem-20440	64	40	sales	sale	NOUN
fbem-20440	64	41	and	and	CCONJ
fbem-20440	64	42	sales	sale	NOUN
fbem-20440	64	43	revenue	revenue	NOUN
fbem-20440	64	44	is	be	AUX
fbem-20440	64	45	very	very	ADV
fbem-20440	64	46	low	low	ADJ
fbem-20440	64	47	,	,	PUNCT
fbem-20440	64	48	in	in	ADP
fbem-20440	64	49	the	the	DET
fbem-20440	64	50	face	face	NOUN
fbem-20440	64	51	of	of	ADP
fbem-20440	64	52	extremely	extremely	ADV
fbem-20440	64	53	severe	severe	ADJ
fbem-20440	64	54	economic	economic	ADJ
fbem-20440	64	55	environment	environment	NOUN
fbem-20440	64	56	and	and	CCONJ
fbem-20440	64	57	industry	industry	NOUN
fbem-20440	64	58	,	,	PUNCT
fbem-20440	64	59	wuliangye	wuliangye	NOUN
fbem-20440	64	60	still	still	ADV
fbem-20440	64	61	can	can	AUX
fbem-20440	64	62	maintain	maintain	VERB
fbem-20440	64	63	the	the	DET
fbem-20440	64	64	steady	steady	ADJ
fbem-20440	64	65	trend	trend	NOUN
fbem-20440	64	66	of	of	ADP
fbem-20440	64	67	return	return	NOUN
fbem-20440	64	68	on	on	ADP
fbem-20440	64	69	equity	equity	NOUN
fbem-20440	64	70	,	,	PUNCT
fbem-20440	64	71	make	make	VERB
fbem-20440	64	72	its	its	PRON
fbem-20440	64	73	profitability	profitability	NOUN
fbem-20440	64	74	guaranteed	guarantee	VERB
fbem-20440	64	75	,	,	PUNCT
fbem-20440	64	76	enough	enough	ADJ
fbem-20440	64	77	to	to	PART
fbem-20440	64	78	explain	explain	VERB
fbem-20440	64	79	wuliangye	wuliangye	NOUN
fbem-20440	64	80	deployment	deployment	NOUN
fbem-20440	64	81	of	of	ADP
fbem-20440	64	82	digital	digital	ADJ
fbem-20440	64	83	transformation	transformation	NOUN
fbem-20440	64	84	strategy	strategy	NOUN
fbem-20440	64	85	and	and	CCONJ
fbem-20440	64	86	digital	digital	ADJ
fbem-20440	64	87	transformation	transformation	NOUN
fbem-20440	64	88	in	in	ADP
fbem-20440	64	89	the	the	DET
fbem-20440	64	90	face	face	NOUN
fbem-20440	64	91	of	of	ADP
fbem-20440	64	92	complex	complex	ADJ
fbem-20440	64	93	economic	economic	ADJ
fbem-20440	64	94	environment	environment	NOUN
fbem-20440	64	95	.	.	PUNCT
fbem-20440	65	1	4.2	4.2	NUM
fbem-20440	65	2	.	.	PUNCT
fbem-20440	65	3	operating	operate	VERB
fbem-20440	65	4	capacity	capacity	NOUN
fbem-20440	65	5	analysis	analysis	NOUN
fbem-20440	65	6	operating	operating	NOUN
fbem-20440	65	7	capacity	capacity	NOUN
fbem-20440	65	8	can	can	AUX
fbem-20440	65	9	reflect	reflect	VERB
fbem-20440	65	10	the	the	DET
fbem-20440	65	11	management	management	NOUN
fbem-20440	65	12	level	level	NOUN
fbem-20440	65	13	of	of	ADP
fbem-20440	65	14	the	the	DET
fbem-20440	65	15	company	company	NOUN
fbem-20440	65	16	's	's	PART
fbem-20440	65	17	assets	asset	NOUN
fbem-20440	65	18	.	.	PUNCT
fbem-20440	66	1	this	this	DET
fbem-20440	66	2	paper	paper	NOUN
fbem-20440	66	3	selects	select	VERB
fbem-20440	66	4	two	two	NUM
fbem-20440	66	5	indicators	indicator	NOUN
fbem-20440	66	6	of	of	ADP
fbem-20440	66	7	inventory	inventory	NOUN
fbem-20440	66	8	turnover	turnover	NOUN
fbem-20440	66	9	and	and	CCONJ
fbem-20440	66	10	accounts	account	VERB
fbem-20440	66	11	receivable	receivable	ADJ
fbem-20440	66	12	turnover	turnover	NOUN
fbem-20440	66	13	to	to	PART
fbem-20440	66	14	analyze	analyze	VERB
fbem-20440	66	15	the	the	DET
fbem-20440	66	16	changes	change	NOUN
fbem-20440	66	17	of	of	ADP
fbem-20440	66	18	wuliangye	wuliangye	NOUN
fbem-20440	66	19	's	's	PART
fbem-20440	66	20	operating	operating	NOUN
fbem-20440	66	21	capacity	capacity	NOUN
fbem-20440	66	22	before	before	ADV
fbem-20440	66	23	and	and	CCONJ
fbem-20440	66	24	after	after	ADP
fbem-20440	66	25	the	the	DET
fbem-20440	66	26	digital	digital	ADJ
fbem-20440	66	27	transformation	transformation	NOUN
fbem-20440	66	28	.	.	PUNCT
fbem-20440	67	1	figure	figure	NOUN
fbem-20440	67	2	3	3	NUM
fbem-20440	67	3	.	.	PUNCT
fbem-20440	67	4	comparative	comparative	ADJ
fbem-20440	67	5	analysis	analysis	NOUN
fbem-20440	67	6	of	of	ADP
fbem-20440	67	7	inventory	inventory	NOUN
fbem-20440	67	8	turnover	turnover	NOUN
fbem-20440	67	9	ratio	ratio	NOUN
fbem-20440	67	10	inventory	inventory	NOUN
fbem-20440	67	11	turnover	turnover	NOUN
fbem-20440	67	12	rate	rate	NOUN
fbem-20440	67	13	is	be	AUX
fbem-20440	67	14	used	use	VERB
fbem-20440	67	15	to	to	PART
fbem-20440	67	16	reflect	reflect	VERB
fbem-20440	67	17	the	the	DET
fbem-20440	67	18	turnover	turnover	NOUN
fbem-20440	67	19	speed	speed	NOUN
fbem-20440	67	20	of	of	ADP
fbem-20440	67	21	inventory	inventory	NOUN
fbem-20440	67	22	,	,	PUNCT
fbem-20440	67	23	that	that	ADV
fbem-20440	67	24	is	is	ADV
fbem-20440	67	25	,	,	PUNCT
fbem-20440	67	26	whether	whether	SCONJ
fbem-20440	67	27	the	the	DET
fbem-20440	67	28	liquidity	liquidity	NOUN
fbem-20440	67	29	of	of	ADP
fbem-20440	67	30	inventory	inventory	NOUN
fbem-20440	67	31	and	and	CCONJ
fbem-20440	67	32	the	the	DET
fbem-20440	67	33	amount	amount	NOUN
fbem-20440	67	34	of	of	ADP
fbem-20440	67	35	inventory	inventory	NOUN
fbem-20440	67	36	capital	capital	NOUN
fbem-20440	67	37	occupied	occupy	VERB
fbem-20440	67	38	is	be	AUX
fbem-20440	67	39	reasonable	reasonable	ADJ
fbem-20440	67	40	.	.	PUNCT
fbem-20440	68	1	the	the	PRON
fbem-20440	68	2	larger	large	ADJ
fbem-20440	68	3	the	the	DET
fbem-20440	68	4	index	index	NOUN
fbem-20440	68	5	is	be	AUX
fbem-20440	68	6	,	,	PUNCT
fbem-20440	68	7	the	the	PRON
fbem-20440	68	8	better	well	ADJ
fbem-20440	68	9	the	the	DET
fbem-20440	68	10	sales	sale	NOUN
fbem-20440	68	11	situation	situation	NOUN
fbem-20440	68	12	of	of	ADP
fbem-20440	68	13	the	the	DET
fbem-20440	68	14	company	company	NOUN
fbem-20440	68	15	.	.	PUNCT
fbem-20440	69	1	through	through	ADP
fbem-20440	69	2	vertical	vertical	ADJ
fbem-20440	69	3	comparison	comparison	NOUN
fbem-20440	69	4	,	,	PUNCT
fbem-20440	69	5	it	it	PRON
fbem-20440	69	6	is	be	AUX
fbem-20440	69	7	found	find	VERB
fbem-20440	69	8	that	that	SCONJ
fbem-20440	69	9	since	since	SCONJ
fbem-20440	69	10	the	the	DET
fbem-20440	69	11	digital	digital	ADJ
fbem-20440	69	12	transformation	transformation	NOUN
fbem-20440	69	13	in	in	ADP
fbem-20440	69	14	2017	2017	NUM
fbem-20440	69	15	,	,	PUNCT
fbem-20440	69	16	the	the	DET
fbem-20440	69	17	overall	overall	ADJ
fbem-20440	69	18	inventory	inventory	NOUN
fbem-20440	69	19	turnover	turnover	NOUN
fbem-20440	69	20	rate	rate	NOUN
fbem-20440	69	21	of	of	ADP
fbem-20440	69	22	wuliangye	wuliangye	NOUN
fbem-20440	69	23	has	have	AUX
fbem-20440	69	24	shown	show	VERB
fbem-20440	69	25	a	a	DET
fbem-20440	69	26	gentle	gentle	ADJ
fbem-20440	69	27	upward	upward	ADJ
fbem-20440	69	28	trend	trend	NOUN
fbem-20440	69	29	,	,	PUNCT
fbem-20440	69	30	which	which	PRON
fbem-20440	69	31	indicates	indicate	VERB
fbem-20440	69	32	that	that	SCONJ
fbem-20440	69	33	the	the	DET
fbem-20440	69	34	company	company	NOUN
fbem-20440	69	35	is	be	AUX
fbem-20440	69	36	actively	actively	ADV
fbem-20440	69	37	strengthening	strengthen	VERB
fbem-20440	69	38	the	the	DET
fbem-20440	69	39	inventory	inventory	NOUN
fbem-20440	69	40	management	management	NOUN
fbem-20440	69	41	,	,	PUNCT
fbem-20440	69	42	and	and	CCONJ
fbem-20440	69	43	making	make	VERB
fbem-20440	69	44	continuous	continuous	ADJ
fbem-20440	69	45	efforts	effort	NOUN
fbem-20440	69	46	in	in	ADP
fbem-20440	69	47	marketing	marketing	NOUN
fbem-20440	69	48	digitalization	digitalization	NOUN
fbem-20440	69	49	and	and	CCONJ
fbem-20440	69	50	brand	brand	NOUN
fbem-20440	69	51	strategic	strategic	ADJ
fbem-20440	69	52	layout	layout	NOUN
fbem-20440	69	53	.	.	PUNCT
fbem-20440	70	1	on	on	ADP
fbem-20440	70	2	the	the	DET
fbem-20440	70	3	one	one	NUM
fbem-20440	70	4	hand	hand	NOUN
fbem-20440	70	5	,	,	PUNCT
fbem-20440	70	6	wuliangye	wuliangye	NOUN
fbem-20440	70	7	expands	expand	VERB
fbem-20440	70	8	online	online	ADJ
fbem-20440	70	9	sales	sale	NOUN
fbem-20440	70	10	opportunities	opportunity	NOUN
fbem-20440	70	11	to	to	PART
fbem-20440	70	12	improve	improve	VERB
fbem-20440	70	13	sales	sale	NOUN
fbem-20440	70	14	efficiency	efficiency	NOUN
fbem-20440	70	15	and	and	CCONJ
fbem-20440	70	16	reduce	reduce	VERB
fbem-20440	70	17	inventory	inventory	NOUN
fbem-20440	70	18	pressure	pressure	NOUN
fbem-20440	70	19	;	;	PUNCT
fbem-20440	70	20	on	on	ADP
fbem-20440	70	21	the	the	DET
fbem-20440	70	22	other	other	ADJ
fbem-20440	70	23	hand	hand	NOUN
fbem-20440	70	24	,	,	PUNCT
fbem-20440	70	25	the	the	DET
fbem-20440	70	26	profit	profit	NOUN
fbem-20440	70	27	control	control	NOUN
fbem-20440	70	28	mode	mode	NOUN
fbem-20440	70	29	enables	enable	VERB
fbem-20440	70	30	wuliangye	wuliangye	VERB
fbem-20440	70	31	to	to	PART
fbem-20440	70	32	grasp	grasp	VERB
fbem-20440	70	33	the	the	DET
fbem-20440	70	34	sales	sale	NOUN
fbem-20440	70	35	and	and	CCONJ
fbem-20440	70	36	inventory	inventory	NOUN
fbem-20440	70	37	of	of	ADP
fbem-20440	70	38	dealers	dealer	NOUN
fbem-20440	70	39	in	in	ADP
fbem-20440	70	40	real	real	ADJ
fbem-20440	70	41	time	time	NOUN
fbem-20440	70	42	,	,	PUNCT
fbem-20440	70	43	and	and	CCONJ
fbem-20440	70	44	the	the	DET
fbem-20440	70	45	transparent	transparent	ADJ
fbem-20440	70	46	channel	channel	NOUN
fbem-20440	70	47	management	management	NOUN
fbem-20440	70	48	improves	improve	VERB
fbem-20440	70	49	the	the	DET
fbem-20440	70	50	company	company	NOUN
fbem-20440	70	51	's	's	PART
fbem-20440	70	52	inventory	inventory	NOUN
fbem-20440	70	53	management	management	NOUN
fbem-20440	70	54	level	level	NOUN
fbem-20440	70	55	.	.	PUNCT
fbem-20440	71	1	through	through	ADP
fbem-20440	71	2	horizontal	horizontal	ADJ
fbem-20440	71	3	comparison	comparison	NOUN
fbem-20440	71	4	,	,	PUNCT
fbem-20440	71	5	the	the	DET
fbem-20440	71	6	inventory	inventory	NOUN
fbem-20440	71	7	turnover	turnover	NOUN
fbem-20440	71	8	rate	rate	NOUN
fbem-20440	71	9	of	of	ADP
fbem-20440	71	10	wuliangye	wuliangye	NOUN
fbem-20440	71	11	has	have	AUX
fbem-20440	71	12	been	be	AUX
fbem-20440	71	13	slightly	slightly	ADV
fbem-20440	71	14	lower	low	ADJ
fbem-20440	71	15	than	than	ADP
fbem-20440	71	16	that	that	PRON
fbem-20440	71	17	of	of	ADP
fbem-20440	71	18	luzhou	luzhou	ADJ
fbem-20440	71	19	laojiao	laojiao	NOUN
fbem-20440	71	20	from	from	ADP
fbem-20440	71	21	2016	2016	NUM
fbem-20440	71	22	to	to	ADP
fbem-20440	71	23	2018	2018	NUM
fbem-20440	71	24	.	.	PUNCT
fbem-20440	72	1	although	although	SCONJ
fbem-20440	72	2	wuliangye	wuliangye	NOUN
fbem-20440	72	3	has	have	AUX
fbem-20440	72	4	started	start	VERB
fbem-20440	72	5	to	to	PART
fbem-20440	72	6	deploy	deploy	VERB
fbem-20440	72	7	digital	digital	ADJ
fbem-20440	72	8	transformation	transformation	NOUN
fbem-20440	72	9	since	since	SCONJ
fbem-20440	72	10	2017	2017	NUM
fbem-20440	72	11	,	,	PUNCT
fbem-20440	72	12	it	it	PRON
fbem-20440	72	13	may	may	AUX
fbem-20440	72	14	be	be	AUX
fbem-20440	72	15	difficult	difficult	ADJ
fbem-20440	72	16	to	to	PART
fbem-20440	72	17	play	play	VERB
fbem-20440	72	18	an	an	DET
fbem-20440	72	19	obvious	obvious	ADJ
fbem-20440	72	20	effect	effect	NOUN
fbem-20440	72	21	due	due	ADP
fbem-20440	72	22	to	to	ADP
fbem-20440	72	23	the	the	DET
fbem-20440	72	24	incomplete	incomplete	ADJ
fbem-20440	72	25	strategic	strategic	ADJ
fbem-20440	72	26	layout	layout	NOUN
fbem-20440	72	27	.	.	PUNCT
fbem-20440	73	1	liquor	liquor	NOUN
fbem-20440	73	2	industry	industry	NOUN
fbem-20440	73	3	in	in	ADP
fbem-20440	73	4	2019	2019	NUM
fbem-20440	73	5	by	by	ADP
fbem-20440	73	6	covid-19	covid-19	PROPN
fbem-20440	73	7	images	image	NOUN
fbem-20440	73	8	,	,	PUNCT
fbem-20440	73	9	liquor	liquor	NOUN
fbem-20440	73	10	consumption	consumption	NOUN
fbem-20440	73	11	scenarios	scenario	NOUN
fbem-20440	73	12	,	,	PUNCT
fbem-20440	73	13	a	a	DET
fbem-20440	73	14	sharp	sharp	ADJ
fbem-20440	73	15	contraction	contraction	NOUN
fbem-20440	73	16	,	,	PUNCT
fbem-20440	73	17	cause	cause	VERB
fbem-20440	73	18	end	end	NOUN
fbem-20440	73	19	demand	demand	NOUN
fbem-20440	73	20	liquor	liquor	NOUN
fbem-20440	73	21	and	and	CCONJ
fbem-20440	73	22	other	other	ADJ
fbem-20440	73	23	products	product	NOUN
fbem-20440	73	24	inventory	inventory	NOUN
fbem-20440	73	25	accumulation	accumulation	NOUN
fbem-20440	73	26	,	,	PUNCT
fbem-20440	73	27	the	the	DET
fbem-20440	73	28	liquor	liquor	NOUN
fbem-20440	73	29	industry	industry	NOUN
fbem-20440	73	30	inventory	inventory	NOUN
fbem-20440	73	31	turnover	turnover	NOUN
fbem-20440	73	32	average	average	NOUN
fbem-20440	73	33	present	present	VERB
fbem-20440	73	34	a	a	DET
fbem-20440	73	35	slight	slight	ADJ
fbem-20440	73	36	downward	downward	ADJ
fbem-20440	73	37	trend	trend	NOUN
fbem-20440	73	38	,	,	PUNCT
fbem-20440	73	39	but	but	CCONJ
fbem-20440	73	40	wuliangye	wuliangye	VERB
fbem-20440	73	41	early	early	ADJ
fbem-20440	73	42	layout	layout	NOUN
fbem-20440	73	43	digital	digital	ADJ
fbem-20440	73	44	transformation	transformation	NOUN
fbem-20440	73	45	,	,	PUNCT
fbem-20440	73	46	the	the	DET
fbem-20440	73	47	inventory	inventory	NOUN
fbem-20440	73	48	turnover	turnover	NOUN
fbem-20440	73	49	and	and	CCONJ
fbem-20440	73	50	industry	industry	NOUN
fbem-20440	73	51	presents	present	VERB
fbem-20440	73	52	the	the	DET
fbem-20440	73	53	opposite	opposite	ADJ
fbem-20440	73	54	trend	trend	NOUN
fbem-20440	73	55	,	,	PUNCT
fbem-20440	73	56	over	over	ADP
fbem-20440	73	57	luzhou	luzhou	ADJ
fbem-20440	73	58	old	old	ADJ
fbem-20440	73	59	pit	pit	NOUN
fbem-20440	73	60	,	,	PUNCT
fbem-20440	73	61	even	even	ADV
fbem-20440	73	62	gradually	gradually	ADV
fbem-20440	73	63	open	open	VERB
fbem-20440	73	64	the	the	DET
fbem-20440	73	65	gap	gap	NOUN
fbem-20440	73	66	with	with	ADP
fbem-20440	73	67	luzhou	luzhou	ADJ
fbem-20440	73	68	old	old	ADJ
fbem-20440	73	69	pit	pit	NOUN
fbem-20440	73	70	,	,	PUNCT
fbem-20440	73	71	realize	realize	VERB
fbem-20440	73	72	the	the	DET
fbem-20440	73	73	steady	steady	ADJ
fbem-20440	73	74	rise	rise	NOUN
fbem-20440	73	75	of	of	ADP
fbem-20440	73	76	inventory	inventory	NOUN
fbem-20440	73	77	management	management	NOUN
fbem-20440	73	78	level	level	NOUN
fbem-20440	73	79	,	,	PUNCT
fbem-20440	73	80	it	it	PRON
fbem-20440	73	81	is	be	AUX
fbem-20440	73	82	enough	enough	ADJ
fbem-20440	73	83	to	to	PART
fbem-20440	73	84	reflect	reflect	VERB
fbem-20440	73	85	the	the	DET
fbem-20440	73	86	digital	digital	ADJ
fbem-20440	73	87	transformation	transformation	NOUN
fbem-20440	73	88	in	in	ADP
fbem-20440	73	89	the	the	DET
fbem-20440	73	90	advantages	advantage	NOUN
fbem-20440	73	91	to	to	ADP
fbem-20440	73	92	external	external	ADJ
fbem-20440	73	93	adverse	adverse	ADJ
fbem-20440	73	94	factors	factor	NOUN
fbem-20440	73	95	.	.	PUNCT
fbem-20440	74	1	2016年	2016年	NOUN
fbem-20440	74	2	2017年	2017年	NUM
fbem-20440	74	3	2018年	2018年	NUM
fbem-20440	74	4	2019年	2019年	NOUN
fbem-20440	74	5	2020年	2020年	NOUN
fbem-20440	74	6	2021年	2021年	NUM
fbem-20440	74	7	2022年	2022年	NUM
fbem-20440	74	8	五粮液	五粮液	PROPN
fbem-20440	74	9	0.94	0.94	NUM
fbem-20440	74	10	0.85	0.85	NUM
fbem-20440	74	11	0.94	0.94	NUM
fbem-20440	74	12	1.01	1.01	NUM
fbem-20440	74	13	1.1	1.1	NUM
fbem-20440	74	14	1.2	1.2	NUM
fbem-20440	74	15	1.21	1.21	NUM
fbem-20440	74	16	贵州茅台	贵州茅台	NOUN
fbem-20440	74	17	0.18	0.18	NUM
fbem-20440	74	18	0.28	0.28	NUM
fbem-20440	74	19	0.29	0.29	NUM
fbem-20440	74	20	0.3	0.3	NUM
fbem-20440	74	21	0.3	0.3	NUM
fbem-20440	74	22	0.29	0.29	NUM
fbem-20440	74	23	0.28	0.28	NUM
fbem-20440	74	24	泸州	泸州	NOUN
fbem-20440	74	25	⽼	⽼	NOUN
fbem-20440	74	26	窖	窖	NOUN
fbem-20440	74	27	1.26	1.26	NUM
fbem-20440	74	28	1.1	1.1	NUM
fbem-20440	74	29	0.97	0.97	NUM
fbem-20440	74	30	0.89	0.89	NUM
fbem-20440	74	31	0.68	0.68	NUM
fbem-20440	74	32	0.49	0.49	NUM
fbem-20440	74	33	0.39	0.39	NUM
fbem-20440	74	34	存	存	NOUN
fbem-20440	74	35	货	货	NOUN
fbem-20440	74	36	周	周	NOUN
fbem-20440	74	37	转	转	NOUN
fbem-20440	75	1	率	率	NOUN
fbem-20440	75	2	（	（	PUNCT
fbem-20440	76	1	次	次	DET
fbem-20440	76	2	）	）	PUNCT
fbem-20440	76	3	73	73	NUM
fbem-20440	76	4	figure	figure	NOUN
fbem-20440	76	5	4	4	NUM
fbem-20440	76	6	.	.	PUNCT
fbem-20440	76	7	comparative	comparative	ADJ
fbem-20440	76	8	analysis	analysis	NOUN
fbem-20440	76	9	of	of	ADP
fbem-20440	76	10	accounts	account	NOUN
fbem-20440	76	11	receivable	receivable	ADJ
fbem-20440	76	12	turnover	turnover	NOUN
fbem-20440	76	13	rate	rate	NOUN
fbem-20440	76	14	the	the	DET
fbem-20440	76	15	high	high	ADJ
fbem-20440	76	16	turnover	turnover	NOUN
fbem-20440	76	17	rate	rate	NOUN
fbem-20440	76	18	of	of	ADP
fbem-20440	76	19	accounts	account	NOUN
fbem-20440	76	20	receivable	receivable	ADJ
fbem-20440	76	21	indicates	indicate	VERB
fbem-20440	76	22	that	that	SCONJ
fbem-20440	76	23	the	the	DET
fbem-20440	76	24	enterprise	enterprise	NOUN
fbem-20440	76	25	receives	receive	VERB
fbem-20440	76	26	accounts	account	NOUN
fbem-20440	76	27	quickly	quickly	ADV
fbem-20440	76	28	,	,	PUNCT
fbem-20440	76	29	has	have	VERB
fbem-20440	76	30	strong	strong	ADJ
fbem-20440	76	31	liquidity	liquidity	NOUN
fbem-20440	76	32	ability	ability	NOUN
fbem-20440	76	33	,	,	PUNCT
fbem-20440	76	34	high	high	ADJ
fbem-20440	76	35	asset	asset	NOUN
fbem-20440	76	36	liquidity	liquidity	NOUN
fbem-20440	76	37	,	,	PUNCT
fbem-20440	76	38	and	and	CCONJ
fbem-20440	76	39	has	have	VERB
fbem-20440	76	40	strong	strong	ADJ
fbem-20440	76	41	management	management	NOUN
fbem-20440	76	42	ability	ability	NOUN
fbem-20440	76	43	of	of	ADP
fbem-20440	76	44	accounts	account	NOUN
fbem-20440	76	45	receivable	receivable	ADJ
fbem-20440	76	46	.	.	PUNCT
fbem-20440	77	1	according	accord	VERB
fbem-20440	77	2	to	to	ADP
fbem-20440	77	3	the	the	DET
fbem-20440	77	4	figure	figure	NOUN
fbem-20440	77	5	above	above	ADV
fbem-20440	77	6	,	,	PUNCT
fbem-20440	77	7	since	since	SCONJ
fbem-20440	77	8	2017	2017	NUM
fbem-20440	77	9	,	,	PUNCT
fbem-20440	77	10	wuliangye	wuliangye	NOUN
fbem-20440	77	11	has	have	AUX
fbem-20440	77	12	made	make	VERB
fbem-20440	77	13	joint	joint	ADJ
fbem-20440	77	14	efforts	effort	NOUN
fbem-20440	77	15	in	in	ADP
fbem-20440	77	16	digital	digital	ADJ
fbem-20440	77	17	marketing	marketing	NOUN
fbem-20440	77	18	and	and	CCONJ
fbem-20440	77	19	brand	brand	NOUN
fbem-20440	77	20	system	system	NOUN
fbem-20440	77	21	improvement	improvement	NOUN
fbem-20440	77	22	,	,	PUNCT
fbem-20440	77	23	and	and	CCONJ
fbem-20440	77	24	the	the	DET
fbem-20440	77	25	turnover	turnover	NOUN
fbem-20440	77	26	rate	rate	NOUN
fbem-20440	77	27	of	of	ADP
fbem-20440	77	28	receivables	receivables	NOUN
fbem-20440	77	29	has	have	AUX
fbem-20440	77	30	increased	increase	VERB
fbem-20440	77	31	rapidly	rapidly	ADV
fbem-20440	77	32	.	.	PUNCT
fbem-20440	78	1	especially	especially	ADV
fbem-20440	78	2	after	after	ADP
fbem-20440	78	3	entering	enter	VERB
fbem-20440	78	4	the	the	DET
fbem-20440	78	5	digital	digital	ADJ
fbem-20440	78	6	transformation	transformation	NOUN
fbem-20440	78	7	and	and	CCONJ
fbem-20440	78	8	development	development	NOUN
fbem-20440	78	9	stage	stage	NOUN
fbem-20440	78	10	from	from	ADP
fbem-20440	78	11	2020	2020	NUM
fbem-20440	78	12	to	to	ADP
fbem-20440	78	13	2022	2022	NUM
fbem-20440	78	14	,	,	PUNCT
fbem-20440	78	15	the	the	DET
fbem-20440	78	16	growth	growth	NOUN
fbem-20440	78	17	rate	rate	NOUN
fbem-20440	78	18	has	have	AUX
fbem-20440	78	19	greatly	greatly	ADV
fbem-20440	78	20	opened	open	VERB
fbem-20440	78	21	the	the	DET
fbem-20440	78	22	gap	gap	NOUN
fbem-20440	78	23	with	with	ADP
fbem-20440	78	24	the	the	DET
fbem-20440	78	25	average	average	ADJ
fbem-20440	78	26	level	level	NOUN
fbem-20440	78	27	of	of	ADP
fbem-20440	78	28	the	the	DET
fbem-20440	78	29	industry	industry	NOUN
fbem-20440	78	30	.	.	PUNCT
fbem-20440	79	1	on	on	ADP
fbem-20440	79	2	the	the	DET
fbem-20440	79	3	one	one	NUM
fbem-20440	79	4	hand	hand	NOUN
fbem-20440	79	5	,	,	PUNCT
fbem-20440	79	6	this	this	PRON
fbem-20440	79	7	is	be	AUX
fbem-20440	79	8	because	because	SCONJ
fbem-20440	79	9	the	the	DET
fbem-20440	79	10	digital	digital	ADJ
fbem-20440	79	11	marketing	marketing	NOUN
fbem-20440	79	12	project	project	NOUN
fbem-20440	79	13	of	of	ADP
fbem-20440	79	14	wuliangye	wuliangye	NOUN
fbem-20440	79	15	has	have	AUX
fbem-20440	79	16	been	be	AUX
fbem-20440	79	17	basically	basically	ADV
fbem-20440	79	18	completed	complete	VERB
fbem-20440	79	19	,	,	PUNCT
fbem-20440	79	20	the	the	DET
fbem-20440	79	21	whole	whole	ADJ
fbem-20440	79	22	marketing	marketing	NOUN
fbem-20440	79	23	process	process	NOUN
fbem-20440	79	24	is	be	AUX
fbem-20440	79	25	visually	visually	ADV
fbem-20440	79	26	managed	manage	VERB
fbem-20440	79	27	,	,	PUNCT
fbem-20440	79	28	and	and	CCONJ
fbem-20440	79	29	in	in	ADP
fbem-20440	79	30	the	the	DET
fbem-20440	79	31	process	process	NOUN
fbem-20440	79	32	of	of	ADP
fbem-20440	79	33	continuously	continuously	ADV
fbem-20440	79	34	optimizing	optimize	VERB
fbem-20440	79	35	the	the	DET
fbem-20440	79	36	sales	sale	NOUN
fbem-20440	79	37	channels	channel	NOUN
fbem-20440	79	38	,	,	PUNCT
fbem-20440	79	39	standardizes	standardize	VERB
fbem-20440	79	40	the	the	DET
fbem-20440	79	41	merchant	merchant	NOUN
fbem-20440	79	42	team	team	NOUN
fbem-20440	79	43	,	,	PUNCT
fbem-20440	79	44	and	and	CCONJ
fbem-20440	79	45	strengthens	strengthen	VERB
fbem-20440	79	46	the	the	DET
fbem-20440	79	47	control	control	NOUN
fbem-20440	79	48	efforts	effort	NOUN
fbem-20440	79	49	to	to	PART
fbem-20440	79	50	effectively	effectively	ADV
fbem-20440	79	51	reduce	reduce	VERB
fbem-20440	79	52	the	the	DET
fbem-20440	79	53	generation	generation	NOUN
fbem-20440	79	54	of	of	ADP
fbem-20440	79	55	accounts	account	NOUN
fbem-20440	79	56	receivable	receivable	ADJ
fbem-20440	79	57	and	and	CCONJ
fbem-20440	79	58	bad	bad	ADJ
fbem-20440	79	59	debts	debt	NOUN
fbem-20440	79	60	;	;	PUNCT
fbem-20440	79	61	on	on	ADP
fbem-20440	79	62	the	the	DET
fbem-20440	79	63	other	other	ADJ
fbem-20440	79	64	hand	hand	NOUN
fbem-20440	79	65	,	,	PUNCT
fbem-20440	79	66	wuliangye	wuliangye	NOUN
fbem-20440	79	67	has	have	AUX
fbem-20440	79	68	formulated	formulate	VERB
fbem-20440	79	69	the	the	DET
fbem-20440	79	70	policy	policy	NOUN
fbem-20440	79	71	of	of	ADP
fbem-20440	79	72	financial	financial	ADJ
fbem-20440	79	73	pressure	pressure	NOUN
fbem-20440	79	74	and	and	CCONJ
fbem-20440	79	75	profit	profit	NOUN
fbem-20440	79	76	space	space	NOUN
fbem-20440	79	77	,	,	PUNCT
fbem-20440	79	78	which	which	PRON
fbem-20440	79	79	reduces	reduce	VERB
fbem-20440	79	80	the	the	DET
fbem-20440	79	81	receivables	receivables	NOUN
fbem-20440	79	82	funds	fund	NOUN
fbem-20440	79	83	of	of	ADP
fbem-20440	79	84	the	the	DET
fbem-20440	79	85	company	company	NOUN
fbem-20440	79	86	.	.	PUNCT
fbem-20440	80	1	at	at	ADP
fbem-20440	80	2	the	the	DET
fbem-20440	80	3	same	same	ADJ
fbem-20440	80	4	time	time	NOUN
fbem-20440	80	5	,	,	PUNCT
fbem-20440	80	6	it	it	PRON
fbem-20440	80	7	can	can	AUX
fbem-20440	80	8	be	be	AUX
fbem-20440	80	9	clearly	clearly	ADV
fbem-20440	80	10	seen	see	VERB
fbem-20440	80	11	in	in	ADP
fbem-20440	80	12	the	the	DET
fbem-20440	80	13	figure	figure	NOUN
fbem-20440	80	14	above	above	ADV
fbem-20440	80	15	,	,	PUNCT
fbem-20440	80	16	that	that	SCONJ
fbem-20440	80	17	the	the	DET
fbem-20440	80	18	receivables	receivables	NOUN
fbem-20440	80	19	turnover	turnover	NOUN
fbem-20440	80	20	rate	rate	NOUN
fbem-20440	80	21	of	of	ADP
fbem-20440	80	22	wuliangye	wuliangye	NOUN
fbem-20440	80	23	is	be	AUX
fbem-20440	80	24	far	far	ADV
fbem-20440	80	25	from	from	ADP
fbem-20440	80	26	luzhou	luzhou	ADJ
fbem-20440	80	27	laojiao	laojiao	NOUN
fbem-20440	80	28	,	,	PUNCT
fbem-20440	80	29	especially	especially	ADV
fbem-20440	80	30	in	in	ADP
fbem-20440	80	31	2021	2021	NUM
fbem-20440	80	32	,	,	PUNCT
fbem-20440	80	33	when	when	SCONJ
fbem-20440	80	34	the	the	DET
fbem-20440	80	35	gap	gap	NOUN
fbem-20440	80	36	reached	reach	VERB
fbem-20440	80	37	the	the	DET
fbem-20440	80	38	peak	peak	NOUN
fbem-20440	80	39	,	,	PUNCT
fbem-20440	80	40	which	which	PRON
fbem-20440	80	41	may	may	AUX
fbem-20440	80	42	be	be	AUX
fbem-20440	80	43	because	because	SCONJ
fbem-20440	80	44	luzhou	luzhou	ADJ
fbem-20440	80	45	laojiao	laojiao	NOUN
fbem-20440	80	46	has	have	AUX
fbem-20440	80	47	implemented	implement	VERB
fbem-20440	80	48	stricter	strict	ADJ
fbem-20440	80	49	credit	credit	NOUN
fbem-20440	80	50	policies	policy	NOUN
fbem-20440	80	51	.	.	PUNCT
fbem-20440	81	1	in	in	ADP
fbem-20440	81	2	general	general	ADJ
fbem-20440	81	3	,	,	PUNCT
fbem-20440	81	4	wuliangye	wuliangye	PROPN
fbem-20440	81	5	has	have	AUX
fbem-20440	81	6	increased	increase	VERB
fbem-20440	81	7	its	its	PRON
fbem-20440	81	8	sales	sale	NOUN
fbem-20440	81	9	revenue	revenue	NOUN
fbem-20440	81	10	through	through	ADP
fbem-20440	81	11	digital	digital	ADJ
fbem-20440	81	12	marketing	marketing	NOUN
fbem-20440	81	13	and	and	CCONJ
fbem-20440	81	14	improvement	improvement	NOUN
fbem-20440	81	15	of	of	ADP
fbem-20440	81	16	online	online	ADJ
fbem-20440	81	17	transaction	transaction	NOUN
fbem-20440	81	18	terminals	terminal	NOUN
fbem-20440	81	19	,	,	PUNCT
fbem-20440	81	20	and	and	CCONJ
fbem-20440	81	21	accelerated	accelerate	VERB
fbem-20440	81	22	its	its	PRON
fbem-20440	81	23	accounts	account	NOUN
fbem-20440	81	24	recovery	recovery	NOUN
fbem-20440	81	25	capacity	capacity	NOUN
fbem-20440	81	26	.	.	PUNCT
fbem-20440	82	1	the	the	DET
fbem-20440	82	2	turnover	turnover	NOUN
fbem-20440	82	3	of	of	ADP
fbem-20440	82	4	receivables	receivables	NOUN
fbem-20440	82	5	is	be	AUX
fbem-20440	82	6	rising	rise	VERB
fbem-20440	82	7	,	,	PUNCT
fbem-20440	82	8	and	and	CCONJ
fbem-20440	82	9	the	the	DET
fbem-20440	82	10	inventory	inventory	NOUN
fbem-20440	82	11	turnover	turnover	NOUN
fbem-20440	82	12	is	be	AUX
fbem-20440	82	13	also	also	ADV
fbem-20440	82	14	on	on	ADP
fbem-20440	82	15	the	the	DET
fbem-20440	82	16	rise	rise	NOUN
fbem-20440	82	17	,	,	PUNCT
fbem-20440	82	18	indicating	indicate	VERB
fbem-20440	82	19	that	that	SCONJ
fbem-20440	82	20	wuliangye	wuliangye	NOUN
fbem-20440	82	21	has	have	AUX
fbem-20440	82	22	achieved	achieve	VERB
fbem-20440	82	23	good	good	ADJ
fbem-20440	82	24	improvement	improvement	NOUN
fbem-20440	82	25	in	in	ADP
fbem-20440	82	26	operation	operation	NOUN
fbem-20440	82	27	after	after	ADP
fbem-20440	82	28	digital	digital	ADJ
fbem-20440	82	29	transformation	transformation	NOUN
fbem-20440	82	30	.	.	PUNCT
fbem-20440	83	1	4.3	4.3	NUM
fbem-20440	83	2	.	.	PUNCT
fbem-20440	84	1	solvency	solvency	NOUN
fbem-20440	84	2	analysis	analysis	NOUN
fbem-20440	84	3	the	the	DET
fbem-20440	84	4	solvency	solvency	NOUN
fbem-20440	84	5	of	of	ADP
fbem-20440	84	6	an	an	DET
fbem-20440	84	7	enterprise	enterprise	NOUN
fbem-20440	84	8	refers	refer	VERB
fbem-20440	84	9	to	to	ADP
fbem-20440	84	10	the	the	DET
fbem-20440	84	11	ability	ability	NOUN
fbem-20440	84	12	of	of	ADP
fbem-20440	84	13	an	an	DET
fbem-20440	84	14	enterprise	enterprise	NOUN
fbem-20440	84	15	to	to	PART
fbem-20440	84	16	use	use	VERB
fbem-20440	84	17	its	its	PRON
fbem-20440	84	18	assets	asset	NOUN
fbem-20440	84	19	to	to	PART
fbem-20440	84	20	repay	repay	VERB
fbem-20440	84	21	long	long	ADJ
fbem-20440	84	22	-	-	PUNCT
fbem-20440	84	23	term	term	NOUN
fbem-20440	84	24	and	and	CCONJ
fbem-20440	84	25	short	short	ADJ
fbem-20440	84	26	-	-	PUNCT
fbem-20440	84	27	term	term	NOUN
fbem-20440	84	28	debts	debt	NOUN
fbem-20440	84	29	,	,	PUNCT
fbem-20440	84	30	which	which	PRON
fbem-20440	84	31	can	can	AUX
fbem-20440	84	32	reflect	reflect	VERB
fbem-20440	84	33	the	the	DET
fbem-20440	84	34	financial	financial	ADJ
fbem-20440	84	35	situation	situation	NOUN
fbem-20440	84	36	of	of	ADP
fbem-20440	84	37	the	the	DET
fbem-20440	84	38	enterprise	enterprise	NOUN
fbem-20440	84	39	and	and	CCONJ
fbem-20440	84	40	is	be	AUX
fbem-20440	84	41	closely	closely	ADV
fbem-20440	84	42	related	relate	VERB
fbem-20440	84	43	to	to	ADP
fbem-20440	84	44	the	the	DET
fbem-20440	84	45	survival	survival	NOUN
fbem-20440	84	46	and	and	CCONJ
fbem-20440	84	47	healthy	healthy	ADJ
fbem-20440	84	48	development	development	NOUN
fbem-20440	84	49	of	of	ADP
fbem-20440	84	50	the	the	DET
fbem-20440	84	51	enterprise	enterprise	NOUN
fbem-20440	84	52	.	.	PUNCT
fbem-20440	85	1	this	this	DET
fbem-20440	85	2	paper	paper	NOUN
fbem-20440	85	3	selects	select	VERB
fbem-20440	85	4	the	the	DET
fbem-20440	85	5	quick	quick	ADJ
fbem-20440	85	6	ratio	ratio	NOUN
fbem-20440	85	7	and	and	CCONJ
fbem-20440	85	8	the	the	DET
fbem-20440	85	9	current	current	ADJ
fbem-20440	85	10	ratio	ratio	NOUN
fbem-20440	85	11	to	to	PART
fbem-20440	85	12	analyze	analyze	VERB
fbem-20440	85	13	the	the	DET
fbem-20440	85	14	solvency	solvency	NOUN
fbem-20440	85	15	of	of	ADP
fbem-20440	85	16	wuliangye	wuliangye	NOUN
fbem-20440	85	17	before	before	ADV
fbem-20440	85	18	and	and	CCONJ
fbem-20440	85	19	after	after	ADP
fbem-20440	85	20	the	the	DET
fbem-20440	85	21	digital	digital	ADJ
fbem-20440	85	22	transformation	transformation	NOUN
fbem-20440	85	23	.	.	PUNCT
fbem-20440	86	1	current	current	ADJ
fbem-20440	86	2	ratio	ratio	NOUN
fbem-20440	86	3	and	and	CCONJ
fbem-20440	86	4	quick	quick	ADJ
fbem-20440	86	5	ratio	ratio	NOUN
fbem-20440	86	6	reflects	reflect	VERB
fbem-20440	86	7	the	the	DET
fbem-20440	86	8	security	security	NOUN
fbem-20440	86	9	degree	degree	NOUN
fbem-20440	86	10	of	of	ADP
fbem-20440	86	11	current	current	ADJ
fbem-20440	86	12	assets	asset	NOUN
fbem-20440	86	13	of	of	ADP
fbem-20440	86	14	current	current	ADJ
fbem-20440	86	15	liabilities	liability	NOUN
fbem-20440	86	16	,	,	PUNCT
fbem-20440	86	17	although	although	SCONJ
fbem-20440	86	18	the	the	PRON
fbem-20440	86	19	greater	great	ADJ
fbem-20440	86	20	the	the	DET
fbem-20440	86	21	index	index	NOUN
fbem-20440	86	22	,	,	PUNCT
fbem-20440	86	23	the	the	PRON
fbem-20440	86	24	stronger	strong	ADJ
fbem-20440	86	25	the	the	DET
fbem-20440	86	26	company	company	NOUN
fbem-20440	86	27	short	short	ADJ
fbem-20440	86	28	-	-	PUNCT
fbem-20440	86	29	term	term	NOUN
fbem-20440	86	30	solvency	solvency	NOUN
fbem-20440	86	31	,	,	PUNCT
fbem-20440	86	32	but	but	CCONJ
fbem-20440	86	33	the	the	DET
fbem-20440	86	34	two	two	NUM
fbem-20440	86	35	indicators	indicator	NOUN
fbem-20440	86	36	for	for	ADP
fbem-20440	86	37	moderate	moderate	ADJ
fbem-20440	86	38	index	index	NOUN
fbem-20440	86	39	ratio	ratio	NOUN
fbem-20440	86	40	is	be	AUX
fbem-20440	86	41	too	too	ADV
fbem-20440	86	42	high	high	ADJ
fbem-20440	86	43	may	may	AUX
fbem-20440	86	44	lead	lead	VERB
fbem-20440	86	45	to	to	ADP
fbem-20440	86	46	company	company	NOUN
fbem-20440	86	47	liquidity	liquidity	NOUN
fbem-20440	86	48	takes	take	VERB
fbem-20440	86	49	up	up	ADP
fbem-20440	86	50	too	too	ADV
fbem-20440	86	51	much	much	ADV
fbem-20440	86	52	,	,	PUNCT
fbem-20440	86	53	to	to	ADP
fbem-20440	86	54	its	its	PRON
fbem-20440	86	55	operating	operating	NOUN
fbem-20440	86	56	capital	capital	NOUN
fbem-20440	86	57	turnover	turnover	NOUN
fbem-20440	86	58	efficiency	efficiency	NOUN
fbem-20440	86	59	and	and	CCONJ
fbem-20440	86	60	profitability	profitability	NOUN
fbem-20440	86	61	.	.	PUNCT
fbem-20440	87	1	therefore	therefore	ADV
fbem-20440	87	2	,	,	PUNCT
fbem-20440	87	3	a	a	DET
fbem-20440	87	4	suitable	suitable	ADJ
fbem-20440	87	5	current	current	ADJ
fbem-20440	87	6	ratio	ratio	NOUN
fbem-20440	87	7	and	and	CCONJ
fbem-20440	87	8	quick	quick	ADJ
fbem-20440	87	9	ratio	ratio	NOUN
fbem-20440	87	10	level	level	NOUN
fbem-20440	87	11	should	should	AUX
fbem-20440	87	12	be	be	AUX
fbem-20440	87	13	sought	seek	VERB
fbem-20440	87	14	to	to	PART
fbem-20440	87	15	ensure	ensure	VERB
fbem-20440	87	16	the	the	DET
fbem-20440	87	17	sound	sound	ADJ
fbem-20440	87	18	operation	operation	NOUN
fbem-20440	87	19	of	of	ADP
fbem-20440	87	20	the	the	DET
fbem-20440	87	21	company	company	NOUN
fbem-20440	87	22	.	.	PUNCT
fbem-20440	88	1	figure	figure	VERB
fbem-20440	88	2	5	5	NUM
fbem-20440	88	3	.	.	PUNCT
fbem-20440	88	4	comparative	comparative	ADJ
fbem-20440	88	5	analysis	analysis	NOUN
fbem-20440	88	6	of	of	ADP
fbem-20440	88	7	the	the	DET
fbem-20440	88	8	quick	quick	ADJ
fbem-20440	88	9	ratio	ratio	NOUN
fbem-20440	88	10	2016年	2016年	NOUN
fbem-20440	88	11	2017年	2017年	NOUN
fbem-20440	88	12	2018年	2018年	NUM
fbem-20440	88	13	2019年	2019年	NOUN
fbem-20440	88	14	2020年	2020年	NOUN
fbem-20440	88	15	2021年	2021年	NUM
fbem-20440	88	16	2022年	2022年	NUM
fbem-20440	88	17	五粮液	五粮液	PROPN
fbem-20440	88	18	229	229	NUM
fbem-20440	88	19	278	278	NUM
fbem-20440	88	20	338	338	NUM
fbem-20440	88	21	383	383	NUM
fbem-20440	88	22	652	652	NUM
fbem-20440	88	23	1253	1253	NUM
fbem-20440	88	24	1481	1481	NUM
fbem-20440	88	25	泸州	泸州	NOUN
fbem-20440	88	26	⽼	⽼	X
fbem-20440	88	27	窖	窖	VERB
fbem-20440	88	28	1070	1070	NUM
fbem-20440	88	29	1746	1746	NUM
fbem-20440	88	30	1424	1424	NUM
fbem-20440	88	31	1105	1105	NUM
fbem-20440	88	32	1682	1682	NUM
fbem-20440	88	33	13200	13200	NUM
fbem-20440	88	34	6640	6640	NUM
fbem-20440	88	35	应	应	PART
fbem-20440	88	36	收	收	X
fbem-20440	88	37	账	账	PROPN
fbem-20440	88	38	款	款	PROPN
fbem-20440	88	39	周	周	PROPN
fbem-20440	88	40	转	转	NOUN
fbem-20440	88	41	率	率	NOUN
fbem-20440	88	42	（	（	PUNCT
fbem-20440	88	43	次	次	X
fbem-20440	88	44	）	）	PUNCT
fbem-20440	88	45	速	速	X
fbem-20440	89	1	动	动	X
fbem-20440	89	2	⽐	⽐	PROPN
fbem-20440	89	3	率	率	PROPN
fbem-20440	89	4	五粮液	五粮液	PROPN
fbem-20440	89	5	贵州茅台	贵州茅台	PROPN
fbem-20440	89	6	泸州	泸州	PROPN
fbem-20440	89	7	⽼	⽼	NOUN
fbem-20440	89	8	窖	窖	VERB
fbem-20440	89	9	74	74	NUM
fbem-20440	89	10	figure	figure	NOUN
fbem-20440	89	11	6	6	NUM
fbem-20440	89	12	.	.	PUNCT
fbem-20440	90	1	comparative	comparative	ADJ
fbem-20440	90	2	analysis	analysis	NOUN
fbem-20440	90	3	of	of	ADP
fbem-20440	90	4	the	the	DET
fbem-20440	90	5	flow	flow	NOUN
fbem-20440	90	6	ratio	ratio	NOUN
fbem-20440	90	7	as	as	SCONJ
fbem-20440	90	8	can	can	AUX
fbem-20440	90	9	be	be	AUX
fbem-20440	90	10	seen	see	VERB
fbem-20440	90	11	from	from	ADP
fbem-20440	90	12	the	the	DET
fbem-20440	90	13	change	change	NOUN
fbem-20440	90	14	trend	trend	NOUN
fbem-20440	90	15	of	of	ADP
fbem-20440	90	16	the	the	DET
fbem-20440	90	17	figure	figure	NOUN
fbem-20440	90	18	above	above	ADV
fbem-20440	90	19	,	,	PUNCT
fbem-20440	90	20	there	there	PRON
fbem-20440	90	21	has	have	AUX
fbem-20440	90	22	been	be	AUX
fbem-20440	90	23	a	a	DET
fbem-20440	90	24	downward	downward	ADJ
fbem-20440	90	25	trend	trend	NOUN
fbem-20440	90	26	from	from	ADP
fbem-20440	90	27	2015	2015	NUM
fbem-20440	90	28	to	to	ADP
fbem-20440	90	29	2019	2019	NUM
fbem-20440	90	30	,	,	PUNCT
fbem-20440	90	31	indicating	indicate	VERB
fbem-20440	90	32	that	that	SCONJ
fbem-20440	90	33	the	the	DET
fbem-20440	90	34	short	short	ADJ
fbem-20440	90	35	-	-	PUNCT
fbem-20440	90	36	term	term	NOUN
fbem-20440	90	37	solvency	solvency	NOUN
fbem-20440	90	38	of	of	ADP
fbem-20440	90	39	wuliangye	wuliangye	NOUN
fbem-20440	90	40	is	be	AUX
fbem-20440	90	41	gradually	gradually	ADV
fbem-20440	90	42	declining	decline	VERB
fbem-20440	90	43	.	.	PUNCT
fbem-20440	91	1	in	in	ADP
fbem-20440	91	2	general	general	ADJ
fbem-20440	91	3	,	,	PUNCT
fbem-20440	91	4	the	the	DET
fbem-20440	91	5	decline	decline	NOUN
fbem-20440	91	6	of	of	ADP
fbem-20440	91	7	the	the	DET
fbem-20440	91	8	current	current	ADJ
fbem-20440	91	9	ratio	ratio	NOUN
fbem-20440	91	10	is	be	AUX
fbem-20440	91	11	due	due	ADJ
fbem-20440	91	12	to	to	ADP
fbem-20440	91	13	the	the	DET
fbem-20440	91	14	increase	increase	NOUN
fbem-20440	91	15	of	of	ADP
fbem-20440	91	16	the	the	DET
fbem-20440	91	17	company	company	NOUN
fbem-20440	91	18	's	's	PART
fbem-20440	91	19	current	current	ADJ
fbem-20440	91	20	liabilities	liability	NOUN
fbem-20440	91	21	,	,	PUNCT
fbem-20440	91	22	and	and	CCONJ
fbem-20440	91	23	the	the	DET
fbem-20440	91	24	growth	growth	NOUN
fbem-20440	91	25	rate	rate	NOUN
fbem-20440	91	26	is	be	AUX
fbem-20440	91	27	higher	high	ADJ
fbem-20440	91	28	than	than	ADP
fbem-20440	91	29	that	that	PRON
fbem-20440	91	30	of	of	ADP
fbem-20440	91	31	current	current	ADJ
fbem-20440	91	32	assets	asset	NOUN
fbem-20440	91	33	,	,	PUNCT
fbem-20440	91	34	while	while	SCONJ
fbem-20440	91	35	the	the	DET
fbem-20440	91	36	current	current	ADJ
fbem-20440	91	37	liabilities	liability	NOUN
fbem-20440	91	38	mainly	mainly	ADV
fbem-20440	91	39	constitute	constitute	VERB
fbem-20440	91	40	of	of	ADP
fbem-20440	91	41	operating	operate	VERB
fbem-20440	91	42	liabilities	liability	NOUN
fbem-20440	91	43	such	such	ADJ
fbem-20440	91	44	as	as	ADP
fbem-20440	91	45	advance	advance	NOUN
fbem-20440	91	46	receivables	receivable	NOUN
fbem-20440	91	47	,	,	PUNCT
fbem-20440	91	48	reflecting	reflect	VERB
fbem-20440	91	49	that	that	DET
fbem-20440	91	50	wuliangye	wuliangye	NOUN
fbem-20440	91	51	has	have	AUX
fbem-20440	91	52	formed	form	VERB
fbem-20440	91	53	a	a	DET
fbem-20440	91	54	dependence	dependence	NOUN
fbem-20440	91	55	on	on	ADP
fbem-20440	91	56	operating	operate	VERB
fbem-20440	91	57	liabilities	liability	NOUN
fbem-20440	91	58	financing	financing	NOUN
fbem-20440	91	59	since	since	SCONJ
fbem-20440	91	60	the	the	DET
fbem-20440	91	61	digital	digital	ADJ
fbem-20440	91	62	transformation	transformation	NOUN
fbem-20440	91	63	in	in	ADP
fbem-20440	91	64	2018	2018	NUM
fbem-20440	91	65	.	.	PUNCT
fbem-20440	92	1	in	in	ADP
fbem-20440	92	2	2020	2020	NUM
fbem-20440	92	3	,	,	PUNCT
fbem-20440	92	4	the	the	DET
fbem-20440	92	5	marketing	marketing	NOUN
fbem-20440	92	6	channel	channel	NOUN
fbem-20440	92	7	structure	structure	NOUN
fbem-20440	92	8	of	of	ADP
fbem-20440	92	9	wuliangye	wuliangye	NOUN
fbem-20440	92	10	will	will	AUX
fbem-20440	92	11	be	be	AUX
fbem-20440	92	12	further	far	ADV
fbem-20440	92	13	optimized	optimize	VERB
fbem-20440	92	14	,	,	PUNCT
fbem-20440	92	15	and	and	CCONJ
fbem-20440	92	16	wuliangye	wuliangye	VERB
fbem-20440	92	17	cloud	cloud	NOUN
fbem-20440	92	18	store	store	NOUN
fbem-20440	92	19	will	will	AUX
fbem-20440	92	20	be	be	AUX
fbem-20440	92	21	officially	officially	ADV
fbem-20440	92	22	launched	launch	VERB
fbem-20440	92	23	,	,	PUNCT
fbem-20440	92	24	effectively	effectively	ADV
fbem-20440	92	25	helping	help	VERB
fbem-20440	92	26	the	the	DET
fbem-20440	92	27	store	store	NOUN
fbem-20440	92	28	to	to	PART
fbem-20440	92	29	expand	expand	VERB
fbem-20440	92	30	online	online	ADJ
fbem-20440	92	31	sales	sale	NOUN
fbem-20440	92	32	channels	channel	NOUN
fbem-20440	92	33	under	under	ADP
fbem-20440	92	34	the	the	DET
fbem-20440	92	35	epidemic	epidemic	NOUN
fbem-20440	92	36	situation	situation	NOUN
fbem-20440	92	37	.	.	PUNCT
fbem-20440	93	1	therefore	therefore	ADV
fbem-20440	93	2	,	,	PUNCT
fbem-20440	93	3	under	under	ADP
fbem-20440	93	4	the	the	DET
fbem-20440	93	5	action	action	NOUN
fbem-20440	93	6	of	of	ADP
fbem-20440	93	7	multiple	multiple	ADJ
fbem-20440	93	8	strategies	strategy	NOUN
fbem-20440	93	9	of	of	ADP
fbem-20440	93	10	digital	digital	ADJ
fbem-20440	93	11	marketing	marketing	NOUN
fbem-20440	93	12	,	,	PUNCT
fbem-20440	93	13	the	the	DET
fbem-20440	93	14	role	role	NOUN
fbem-20440	93	15	of	of	ADP
fbem-20440	93	16	advance	advance	NOUN
fbem-20440	93	17	accounts	account	NOUN
fbem-20440	93	18	is	be	AUX
fbem-20440	93	19	gradually	gradually	ADV
fbem-20440	93	20	weakened	weaken	VERB
fbem-20440	93	21	,	,	PUNCT
fbem-20440	93	22	resulting	result	VERB
fbem-20440	93	23	in	in	ADP
fbem-20440	93	24	a	a	DET
fbem-20440	93	25	decline	decline	NOUN
fbem-20440	93	26	of	of	ADP
fbem-20440	93	27	advance	advance	NOUN
fbem-20440	93	28	accounts	account	NOUN
fbem-20440	93	29	and	and	CCONJ
fbem-20440	93	30	a	a	DET
fbem-20440	93	31	corresponding	correspond	VERB
fbem-20440	93	32	small	small	ADJ
fbem-20440	93	33	increase	increase	NOUN
fbem-20440	93	34	in	in	ADP
fbem-20440	93	35	the	the	DET
fbem-20440	93	36	current	current	ADJ
fbem-20440	93	37	ratio	ratio	NOUN
fbem-20440	93	38	.	.	PUNCT
fbem-20440	94	1	in	in	ADP
fbem-20440	94	2	general	general	ADJ
fbem-20440	94	3	,	,	PUNCT
fbem-20440	94	4	after	after	ADP
fbem-20440	94	5	the	the	DET
fbem-20440	94	6	digital	digital	ADJ
fbem-20440	94	7	transformation	transformation	NOUN
fbem-20440	94	8	,	,	PUNCT
fbem-20440	94	9	the	the	DET
fbem-20440	94	10	current	current	ADJ
fbem-20440	94	11	ratio	ratio	NOUN
fbem-20440	94	12	and	and	CCONJ
fbem-20440	94	13	quick	quick	ADJ
fbem-20440	94	14	ratio	ratio	NOUN
fbem-20440	94	15	of	of	ADP
fbem-20440	94	16	wuliangye	wuliangye	NOUN
fbem-20440	94	17	are	be	AUX
fbem-20440	94	18	generally	generally	ADV
fbem-20440	94	19	lower	low	ADJ
fbem-20440	94	20	than	than	ADP
fbem-20440	94	21	the	the	DET
fbem-20440	94	22	relevant	relevant	ADJ
fbem-20440	94	23	ratio	ratio	NOUN
fbem-20440	94	24	value	value	NOUN
fbem-20440	94	25	before	before	ADP
fbem-20440	94	26	the	the	DET
fbem-20440	94	27	transformation	transformation	NOUN
fbem-20440	94	28	,	,	PUNCT
fbem-20440	94	29	and	and	CCONJ
fbem-20440	94	30	its	its	PRON
fbem-20440	94	31	short	short	ADJ
fbem-20440	94	32	-	-	PUNCT
fbem-20440	94	33	term	term	NOUN
fbem-20440	94	34	solvency	solvency	NOUN
fbem-20440	94	35	has	have	AUX
fbem-20440	94	36	not	not	PART
fbem-20440	94	37	been	be	AUX
fbem-20440	94	38	effectively	effectively	ADV
fbem-20440	94	39	improved	improve	VERB
fbem-20440	94	40	.	.	PUNCT
fbem-20440	95	1	in	in	ADP
fbem-20440	95	2	addition	addition	NOUN
fbem-20440	95	3	,	,	PUNCT
fbem-20440	95	4	the	the	DET
fbem-20440	95	5	correlation	correlation	NOUN
fbem-20440	95	6	ratio	ratio	NOUN
fbem-20440	95	7	of	of	ADP
fbem-20440	95	8	wuliangye	wuliangye	NOUN
fbem-20440	95	9	is	be	AUX
fbem-20440	95	10	much	much	ADV
fbem-20440	95	11	higher	high	ADJ
fbem-20440	95	12	than	than	ADP
fbem-20440	95	13	the	the	DET
fbem-20440	95	14	standard	standard	ADJ
fbem-20440	95	15	value	value	NOUN
fbem-20440	95	16	,	,	PUNCT
fbem-20440	95	17	indicating	indicate	VERB
fbem-20440	95	18	that	that	SCONJ
fbem-20440	95	19	it	it	PRON
fbem-20440	95	20	does	do	AUX
fbem-20440	95	21	not	not	PART
fbem-20440	95	22	make	make	VERB
fbem-20440	95	23	reasonable	reasonable	ADJ
fbem-20440	95	24	use	use	NOUN
fbem-20440	95	25	of	of	ADP
fbem-20440	95	26	its	its	PRON
fbem-20440	95	27	current	current	ADJ
fbem-20440	95	28	assets	asset	NOUN
fbem-20440	95	29	,	,	PUNCT
fbem-20440	95	30	which	which	PRON
fbem-20440	95	31	may	may	AUX
fbem-20440	95	32	have	have	VERB
fbem-20440	95	33	an	an	DET
fbem-20440	95	34	impact	impact	NOUN
fbem-20440	95	35	on	on	ADP
fbem-20440	95	36	the	the	DET
fbem-20440	95	37	turnover	turnover	NOUN
fbem-20440	95	38	efficiency	efficiency	NOUN
fbem-20440	95	39	of	of	ADP
fbem-20440	95	40	the	the	DET
fbem-20440	95	41	company	company	NOUN
fbem-20440	95	42	's	's	PART
fbem-20440	95	43	working	working	NOUN
fbem-20440	95	44	capital	capital	NOUN
fbem-20440	95	45	,	,	PUNCT
fbem-20440	95	46	and	and	CCONJ
fbem-20440	95	47	thus	thus	ADV
fbem-20440	95	48	affect	affect	VERB
fbem-20440	95	49	its	its	PRON
fbem-20440	95	50	profitability	profitability	NOUN
fbem-20440	95	51	.	.	PUNCT
fbem-20440	96	1	from	from	ADP
fbem-20440	96	2	a	a	DET
fbem-20440	96	3	horizontal	horizontal	ADJ
fbem-20440	96	4	comparison	comparison	NOUN
fbem-20440	96	5	between	between	ADP
fbem-20440	96	6	wuliangye	wuliangye	NOUN
fbem-20440	96	7	and	and	CCONJ
fbem-20440	96	8	kweichow	kweichow	ADP
fbem-20440	96	9	moutai	moutai	NOUN
fbem-20440	96	10	and	and	CCONJ
fbem-20440	96	11	luzhou	luzhou	ADJ
fbem-20440	96	12	laojiao	laojiao	NOUN
fbem-20440	96	13	in	in	ADP
fbem-20440	96	14	the	the	DET
fbem-20440	96	15	same	same	ADJ
fbem-20440	96	16	industry	industry	NOUN
fbem-20440	96	17	,	,	PUNCT
fbem-20440	96	18	the	the	DET
fbem-20440	96	19	current	current	ADJ
fbem-20440	96	20	ratio	ratio	NOUN
fbem-20440	96	21	and	and	CCONJ
fbem-20440	96	22	quick	quick	ADJ
fbem-20440	96	23	ratio	ratio	NOUN
fbem-20440	96	24	of	of	ADP
fbem-20440	96	25	wuliangye	wuliangye	NOUN
fbem-20440	96	26	are	be	AUX
fbem-20440	96	27	always	always	ADV
fbem-20440	96	28	higher	high	ADJ
fbem-20440	96	29	than	than	ADP
fbem-20440	96	30	that	that	PRON
fbem-20440	96	31	of	of	ADP
fbem-20440	96	32	luzhou	luzhou	ADJ
fbem-20440	96	33	laojiao	laojiao	NOUN
fbem-20440	96	34	,	,	PUNCT
fbem-20440	96	35	but	but	CCONJ
fbem-20440	96	36	in	in	ADP
fbem-20440	96	37	2019	2019	NUM
fbem-20440	96	38	it	it	PRON
fbem-20440	96	39	was	be	AUX
fbem-20440	96	40	lower	low	ADJ
fbem-20440	96	41	than	than	ADP
fbem-20440	96	42	kweichow	kweichow	ADP
fbem-20440	96	43	moutai	moutai	NOUN
fbem-20440	96	44	,	,	PUNCT
fbem-20440	96	45	and	and	CCONJ
fbem-20440	96	46	will	will	AUX
fbem-20440	96	47	remain	remain	VERB
fbem-20440	96	48	unchanged	unchanged	ADJ
fbem-20440	96	49	with	with	ADP
fbem-20440	96	50	kweichow	kweichow	PROPN
fbem-20440	96	51	moutai	moutai	NOUN
fbem-20440	96	52	in	in	ADP
fbem-20440	96	53	2020	2020	NUM
fbem-20440	96	54	and	and	CCONJ
fbem-20440	96	55	2021	2021	NUM
fbem-20440	96	56	;	;	PUNCT
fbem-20440	96	57	at	at	ADP
fbem-20440	96	58	the	the	DET
fbem-20440	96	59	same	same	ADJ
fbem-20440	96	60	time	time	NOUN
fbem-20440	96	61	,	,	PUNCT
fbem-20440	96	62	wuliangye	wuliangye	PROPN
fbem-20440	96	63	's	's	PART
fbem-20440	96	64	current	current	ADJ
fbem-20440	96	65	ratio	ratio	NOUN
fbem-20440	96	66	and	and	CCONJ
fbem-20440	96	67	quick	quick	ADJ
fbem-20440	96	68	ratio	ratio	NOUN
fbem-20440	96	69	have	have	AUX
fbem-20440	96	70	always	always	ADV
fbem-20440	96	71	been	be	AUX
fbem-20440	96	72	higher	high	ADJ
fbem-20440	96	73	than	than	ADP
fbem-20440	96	74	the	the	DET
fbem-20440	96	75	industry	industry	NOUN
fbem-20440	96	76	average	average	NOUN
fbem-20440	96	77	,	,	PUNCT
fbem-20440	96	78	but	but	CCONJ
fbem-20440	96	79	the	the	DET
fbem-20440	96	80	gap	gap	NOUN
fbem-20440	96	81	has	have	AUX
fbem-20440	96	82	been	be	AUX
fbem-20440	96	83	narrowing	narrow	VERB
fbem-20440	96	84	and	and	CCONJ
fbem-20440	96	85	remained	remain	VERB
fbem-20440	96	86	stable	stable	ADJ
fbem-20440	96	87	since	since	SCONJ
fbem-20440	96	88	2018	2018	NUM
fbem-20440	96	89	,	,	PUNCT
fbem-20440	96	90	this	this	PRON
fbem-20440	96	91	shows	show	VERB
fbem-20440	96	92	that	that	SCONJ
fbem-20440	96	93	the	the	DET
fbem-20440	96	94	digital	digital	ADJ
fbem-20440	96	95	transformation	transformation	NOUN
fbem-20440	96	96	of	of	ADP
fbem-20440	96	97	wuliangye	wuliangye	NOUN
fbem-20440	96	98	has	have	AUX
fbem-20440	96	99	not	not	PART
fbem-20440	96	100	significantly	significantly	ADV
fbem-20440	96	101	improved	improve	VERB
fbem-20440	96	102	its	its	PRON
fbem-20440	96	103	short	short	ADJ
fbem-20440	96	104	-	-	PUNCT
fbem-20440	96	105	term	term	NOUN
fbem-20440	96	106	solvency	solvency	NOUN
fbem-20440	96	107	,	,	PUNCT
fbem-20440	96	108	but	but	CCONJ
fbem-20440	96	109	it	it	PRON
fbem-20440	96	110	has	have	VERB
fbem-20440	96	111	a	a	DET
fbem-20440	96	112	certain	certain	ADJ
fbem-20440	96	113	stabilizing	stabilizing	NOUN
fbem-20440	96	114	effect	effect	NOUN
fbem-20440	96	115	,	,	PUNCT
fbem-20440	96	116	its	its	PRON
fbem-20440	96	117	high	high	ADJ
fbem-20440	96	118	value	value	NOUN
fbem-20440	96	119	also	also	ADV
fbem-20440	96	120	exposed	expose	VERB
fbem-20440	96	121	the	the	DET
fbem-20440	96	122	wuliangye	wuliangye	NOUN
fbem-20440	96	123	occupied	occupy	VERB
fbem-20440	96	124	too	too	ADV
fbem-20440	96	125	much	much	ADJ
fbem-20440	96	126	current	current	ADJ
fbem-20440	96	127	assets	asset	NOUN
fbem-20440	96	128	,	,	PUNCT
fbem-20440	96	129	the	the	DET
fbem-20440	96	130	use	use	NOUN
fbem-20440	96	131	of	of	ADP
fbem-20440	96	132	unreasonable	unreasonable	ADJ
fbem-20440	96	133	problems	problem	NOUN
fbem-20440	96	134	,	,	PUNCT
fbem-20440	96	135	may	may	AUX
fbem-20440	96	136	lead	lead	VERB
fbem-20440	96	137	to	to	PART
fbem-20440	96	138	idle	idle	VERB
fbem-20440	96	139	funds	fund	NOUN
fbem-20440	96	140	to	to	PART
fbem-20440	96	141	increase	increase	VERB
fbem-20440	96	142	opportunity	opportunity	NOUN
fbem-20440	96	143	costs	cost	NOUN
fbem-20440	96	144	,	,	PUNCT
fbem-20440	96	145	blocking	block	VERB
fbem-20440	96	146	the	the	DET
fbem-20440	96	147	good	good	ADJ
fbem-20440	96	148	development	development	NOUN
fbem-20440	96	149	of	of	ADP
fbem-20440	96	150	the	the	DET
fbem-20440	96	151	company	company	NOUN
fbem-20440	96	152	.	.	PUNCT
fbem-20440	97	1	4.4	4.4	NUM
fbem-20440	97	2	.	.	PUNCT
fbem-20440	98	1	development	development	NOUN
fbem-20440	98	2	ability	ability	NOUN
fbem-20440	98	3	analysis	analysis	NOUN
fbem-20440	98	4	the	the	DET
fbem-20440	98	5	development	development	NOUN
fbem-20440	98	6	ability	ability	NOUN
fbem-20440	98	7	of	of	ADP
fbem-20440	98	8	an	an	DET
fbem-20440	98	9	enterprise	enterprise	NOUN
fbem-20440	98	10	refers	refer	VERB
fbem-20440	98	11	to	to	ADP
fbem-20440	98	12	the	the	DET
fbem-20440	98	13	development	development	NOUN
fbem-20440	98	14	potential	potential	NOUN
fbem-20440	98	15	of	of	ADP
fbem-20440	98	16	the	the	DET
fbem-20440	98	17	enterprise	enterprise	NOUN
fbem-20440	98	18	,	,	PUNCT
fbem-20440	98	19	that	that	ADV
fbem-20440	98	20	is	is	ADV
fbem-20440	98	21	,	,	PUNCT
fbem-20440	98	22	the	the	DET
fbem-20440	98	23	potential	potential	ADJ
fbem-20440	98	24	ability	ability	NOUN
fbem-20440	98	25	to	to	PART
fbem-20440	98	26	expand	expand	VERB
fbem-20440	98	27	the	the	DET
fbem-20440	98	28	scale	scale	NOUN
fbem-20440	98	29	and	and	CCONJ
fbem-20440	98	30	expand	expand	VERB
fbem-20440	98	31	the	the	DET
fbem-20440	98	32	strength	strength	NOUN
fbem-20440	98	33	.	.	PUNCT
fbem-20440	99	1	this	this	DET
fbem-20440	99	2	paper	paper	NOUN
fbem-20440	99	3	selects	select	VERB
fbem-20440	99	4	the	the	DET
fbem-20440	99	5	growth	growth	NOUN
fbem-20440	99	6	rate	rate	NOUN
fbem-20440	99	7	of	of	ADP
fbem-20440	99	8	operating	operate	VERB
fbem-20440	99	9	income	income	NOUN
fbem-20440	99	10	and	and	CCONJ
fbem-20440	99	11	net	net	ADJ
fbem-20440	99	12	profit	profit	NOUN
fbem-20440	99	13	to	to	PART
fbem-20440	99	14	analyze	analyze	VERB
fbem-20440	99	15	the	the	DET
fbem-20440	99	16	development	development	NOUN
fbem-20440	99	17	ability	ability	NOUN
fbem-20440	99	18	of	of	ADP
fbem-20440	99	19	wuliangye	wuliangye	NOUN
fbem-20440	99	20	before	before	ADV
fbem-20440	99	21	and	and	CCONJ
fbem-20440	99	22	after	after	ADP
fbem-20440	99	23	the	the	DET
fbem-20440	99	24	digital	digital	ADJ
fbem-20440	99	25	transformation	transformation	NOUN
fbem-20440	99	26	.	.	PUNCT
fbem-20440	100	1	figure	figure	NOUN
fbem-20440	100	2	7	7	NUM
fbem-20440	100	3	.	.	PUNCT
fbem-20440	100	4	comparative	comparative	ADJ
fbem-20440	100	5	analysis	analysis	NOUN
fbem-20440	100	6	of	of	ADP
fbem-20440	100	7	the	the	DET
fbem-20440	100	8	growth	growth	NOUN
fbem-20440	100	9	rate	rate	NOUN
fbem-20440	100	10	of	of	ADP
fbem-20440	100	11	operating	operating	NOUN
fbem-20440	100	12	revenue	revenue	NOUN
fbem-20440	100	13	流	流	PROPN
fbem-20440	100	14	动	动	PROPN
fbem-20440	100	15	⽐	⽐	PROPN
fbem-20440	100	16	率	率	PROPN
fbem-20440	100	17	五粮液	五粮液	PROPN
fbem-20440	100	18	贵州茅台	贵州茅台	PROPN
fbem-20440	100	19	泸州	泸州	PROPN
fbem-20440	100	20	⽼	⽼	NOUN
fbem-20440	100	21	窖	窖	VERB
fbem-20440	100	22	营	营	ADP
fbem-20440	100	23	业	业	X
fbem-20440	100	24	收	收	X
fbem-20440	100	25	⼊	⼊	ADP
fbem-20440	100	26	增	增	PRON
fbem-20440	100	27	⻓	⻓	PROPN
fbem-20440	100	28	率	率	PROPN
fbem-20440	100	29	五粮液	五粮液	PROPN
fbem-20440	100	30	贵州茅台	贵州茅台	PROPN
fbem-20440	100	31	泸州	泸州	PROPN
fbem-20440	100	32	⽼	⽼	NOUN
fbem-20440	100	33	窖	窖	VERB
fbem-20440	100	34	75	75	NUM
fbem-20440	100	35	the	the	DET
fbem-20440	100	36	growth	growth	NOUN
fbem-20440	100	37	rate	rate	NOUN
fbem-20440	100	38	of	of	ADP
fbem-20440	100	39	operating	operate	VERB
fbem-20440	100	40	income	income	NOUN
fbem-20440	100	41	is	be	AUX
fbem-20440	100	42	an	an	DET
fbem-20440	100	43	important	important	ADJ
fbem-20440	100	44	indicator	indicator	NOUN
fbem-20440	100	45	to	to	PART
fbem-20440	100	46	evaluate	evaluate	VERB
fbem-20440	100	47	the	the	DET
fbem-20440	100	48	growth	growth	NOUN
fbem-20440	100	49	status	status	NOUN
fbem-20440	100	50	and	and	CCONJ
fbem-20440	100	51	development	development	NOUN
fbem-20440	100	52	ability	ability	NOUN
fbem-20440	100	53	of	of	ADP
fbem-20440	100	54	an	an	DET
fbem-20440	100	55	enterprise	enterprise	NOUN
fbem-20440	100	56	.	.	PUNCT
fbem-20440	101	1	the	the	PRON
fbem-20440	101	2	higher	high	ADJ
fbem-20440	101	3	the	the	DET
fbem-20440	101	4	ratio	ratio	NOUN
fbem-20440	101	5	,	,	PUNCT
fbem-20440	101	6	the	the	PRON
fbem-20440	101	7	faster	fast	ADV
fbem-20440	101	8	the	the	DET
fbem-20440	101	9	growth	growth	NOUN
fbem-20440	101	10	rate	rate	NOUN
fbem-20440	101	11	of	of	ADP
fbem-20440	101	12	the	the	DET
fbem-20440	101	13	enterprise	enterprise	NOUN
fbem-20440	101	14	operating	operating	NOUN
fbem-20440	101	15	income	income	NOUN
fbem-20440	101	16	,	,	PUNCT
fbem-20440	101	17	the	the	PRON
fbem-20440	101	18	better	well	ADJ
fbem-20440	101	19	the	the	DET
fbem-20440	101	20	market	market	NOUN
fbem-20440	101	21	prospect	prospect	NOUN
fbem-20440	101	22	of	of	ADP
fbem-20440	101	23	the	the	DET
fbem-20440	101	24	enterprise	enterprise	NOUN
fbem-20440	101	25	.	.	PUNCT
fbem-20440	102	1	through	through	ADP
fbem-20440	102	2	vertical	vertical	ADJ
fbem-20440	102	3	comparison	comparison	NOUN
fbem-20440	102	4	,	,	PUNCT
fbem-20440	102	5	it	it	PRON
fbem-20440	102	6	is	be	AUX
fbem-20440	102	7	found	find	VERB
fbem-20440	102	8	that	that	SCONJ
fbem-20440	102	9	the	the	DET
fbem-20440	102	10	operating	operating	NOUN
fbem-20440	102	11	revenue	revenue	NOUN
fbem-20440	102	12	growth	growth	NOUN
fbem-20440	102	13	rate	rate	NOUN
fbem-20440	102	14	of	of	ADP
fbem-20440	102	15	wuliangye	wuliangye	NOUN
fbem-20440	102	16	showed	show	VERB
fbem-20440	102	17	a	a	DET
fbem-20440	102	18	straight	straight	ADJ
fbem-20440	102	19	upward	upward	ADJ
fbem-20440	102	20	trend	trend	NOUN
fbem-20440	102	21	from	from	ADP
fbem-20440	102	22	2016	2016	NUM
fbem-20440	102	23	to	to	ADP
fbem-20440	102	24	2017	2017	NUM
fbem-20440	102	25	,	,	PUNCT
fbem-20440	102	26	indicating	indicate	VERB
fbem-20440	102	27	that	that	SCONJ
fbem-20440	102	28	wuliangye	wuliangye	NOUN
fbem-20440	102	29	has	have	AUX
fbem-20440	102	30	achieved	achieve	VERB
fbem-20440	102	31	some	some	DET
fbem-20440	102	32	results	result	NOUN
fbem-20440	102	33	in	in	ADP
fbem-20440	102	34	the	the	DET
fbem-20440	102	35	innovation	innovation	NOUN
fbem-20440	102	36	of	of	ADP
fbem-20440	102	37	brand	brand	NOUN
fbem-20440	102	38	strategy	strategy	NOUN
fbem-20440	102	39	and	and	CCONJ
fbem-20440	102	40	channel	channel	NOUN
fbem-20440	102	41	marketing	marketing	NOUN
fbem-20440	102	42	,	,	PUNCT
fbem-20440	102	43	and	and	CCONJ
fbem-20440	102	44	has	have	VERB
fbem-20440	102	45	great	great	ADJ
fbem-20440	102	46	potential	potential	NOUN
fbem-20440	102	47	for	for	ADP
fbem-20440	102	48	development	development	NOUN
fbem-20440	102	49	.	.	PUNCT
fbem-20440	103	1	in	in	ADP
fbem-20440	103	2	2018	2018	NUM
fbem-20440	103	3	,	,	PUNCT
fbem-20440	103	4	after	after	SCONJ
fbem-20440	103	5	wuliangye	wuliangye	NOUN
fbem-20440	103	6	established	establish	VERB
fbem-20440	103	7	its	its	PRON
fbem-20440	103	8	digital	digital	ADJ
fbem-20440	103	9	strategy	strategy	NOUN
fbem-20440	103	10	,	,	PUNCT
fbem-20440	103	11	its	its	PRON
fbem-20440	103	12	operating	operating	NOUN
fbem-20440	103	13	revenue	revenue	NOUN
fbem-20440	103	14	growth	growth	NOUN
fbem-20440	103	15	reached	reach	VERB
fbem-20440	103	16	a	a	DET
fbem-20440	103	17	peak	peak	NOUN
fbem-20440	103	18	of	of	ADP
fbem-20440	103	19	32.61	32.61	NUM
fbem-20440	103	20	%	%	NOUN
fbem-20440	103	21	for	for	ADP
fbem-20440	103	22	the	the	DET
fbem-20440	103	23	period	period	NOUN
fbem-20440	103	24	,	,	PUNCT
fbem-20440	103	25	but	but	CCONJ
fbem-20440	103	26	showed	show	VERB
fbem-20440	103	27	a	a	DET
fbem-20440	103	28	downward	downward	ADJ
fbem-20440	103	29	trend	trend	NOUN
fbem-20440	103	30	since	since	SCONJ
fbem-20440	103	31	2019	2019	NUM
fbem-20440	103	32	,	,	PUNCT
fbem-20440	103	33	this	this	PRON
fbem-20440	103	34	is	be	AUX
fbem-20440	103	35	mainly	mainly	ADV
fbem-20440	103	36	because	because	SCONJ
fbem-20440	103	37	wuliangye	wuliangye	NOUN
fbem-20440	103	38	has	have	AUX
fbem-20440	103	39	completed	complete	VERB
fbem-20440	103	40	the	the	DET
fbem-20440	103	41	transition	transition	NOUN
fbem-20440	103	42	of	of	ADP
fbem-20440	103	43	the	the	DET
fbem-20440	103	44	deep	deep	ADJ
fbem-20440	103	45	adjustment	adjustment	NOUN
fbem-20440	103	46	and	and	CCONJ
fbem-20440	103	47	growth	growth	NOUN
fbem-20440	103	48	period	period	NOUN
fbem-20440	103	49	after	after	ADP
fbem-20440	103	50	the	the	DET
fbem-20440	103	51	restriction	restriction	NOUN
fbem-20440	103	52	of	of	ADP
fbem-20440	103	53	the	the	DET
fbem-20440	103	54	three	three	NUM
fbem-20440	103	55	public	public	ADJ
fbem-20440	103	56	consumption	consumption	NOUN
fbem-20440	103	57	,	,	PUNCT
fbem-20440	103	58	in	in	ADP
fbem-20440	103	59	a	a	DET
fbem-20440	103	60	stage	stage	NOUN
fbem-20440	103	61	of	of	ADP
fbem-20440	103	62	stable	stable	ADJ
fbem-20440	103	63	business	business	NOUN
fbem-20440	103	64	development	development	NOUN
fbem-20440	103	65	,	,	PUNCT
fbem-20440	103	66	at	at	ADP
fbem-20440	103	67	this	this	DET
fbem-20440	103	68	stage	stage	NOUN
fbem-20440	103	69	,	,	PUNCT
fbem-20440	103	70	the	the	DET
fbem-20440	103	71	company	company	NOUN
fbem-20440	103	72	's	's	PART
fbem-20440	103	73	digital	digital	ADJ
fbem-20440	103	74	transformation	transformation	NOUN
fbem-20440	103	75	,	,	PUNCT
fbem-20440	103	76	continuous	continuous	ADJ
fbem-20440	103	77	improvement	improvement	NOUN
fbem-20440	103	78	of	of	ADP
fbem-20440	103	79	the	the	DET
fbem-20440	103	80	efficiency	efficiency	NOUN
fbem-20440	103	81	and	and	CCONJ
fbem-20440	103	82	ability	ability	NOUN
fbem-20440	103	83	of	of	ADP
fbem-20440	103	84	operation	operation	NOUN
fbem-20440	103	85	and	and	CCONJ
fbem-20440	103	86	management	management	NOUN
fbem-20440	103	87	,	,	PUNCT
fbem-20440	103	88	optimize	optimize	VERB
fbem-20440	103	89	the	the	DET
fbem-20440	103	90	product	product	NOUN
fbem-20440	103	91	structure	structure	NOUN
fbem-20440	103	92	,	,	PUNCT
fbem-20440	103	93	organizational	organizational	ADJ
fbem-20440	103	94	structure	structure	NOUN
fbem-20440	103	95	,	,	PUNCT
fbem-20440	103	96	explore	explore	VERB
fbem-20440	103	97	explore	explore	NOUN
fbem-20440	103	98	customer	customer	NOUN
fbem-20440	103	99	needs	need	NOUN
fbem-20440	103	100	,	,	PUNCT
fbem-20440	103	101	with	with	ADP
fbem-20440	103	102	a	a	DET
fbem-20440	103	103	rebound	rebound	NOUN
fbem-20440	103	104	in	in	ADP
fbem-20440	103	105	revenue	revenue	NOUN
fbem-20440	103	106	growth	growth	NOUN
fbem-20440	103	107	,	,	PUNCT
fbem-20440	103	108	although	although	SCONJ
fbem-20440	103	109	it	it	PRON
fbem-20440	103	110	has	have	AUX
fbem-20440	103	111	not	not	PART
fbem-20440	103	112	been	be	AUX
fbem-20440	103	113	significantly	significantly	ADV
fbem-20440	103	114	improved	improve	VERB
fbem-20440	103	115	,	,	PUNCT
fbem-20440	103	116	but	but	CCONJ
fbem-20440	103	117	wuliangye	wuliangye	PROPN
fbem-20440	103	118	's	's	PART
fbem-20440	103	119	late	late	ADJ
fbem-20440	103	120	operating	operate	VERB
fbem-20440	103	121	income	income	NOUN
fbem-20440	103	122	is	be	AUX
fbem-20440	103	123	still	still	ADV
fbem-20440	103	124	growing	grow	VERB
fbem-20440	103	125	,	,	PUNCT
fbem-20440	103	126	it	it	PRON
fbem-20440	103	127	shows	show	VERB
fbem-20440	103	128	that	that	SCONJ
fbem-20440	103	129	it	it	PRON
fbem-20440	103	130	still	still	ADV
fbem-20440	103	131	has	have	VERB
fbem-20440	103	132	a	a	DET
fbem-20440	103	133	certain	certain	ADJ
fbem-20440	103	134	development	development	NOUN
fbem-20440	103	135	ability	ability	NOUN
fbem-20440	103	136	.	.	PUNCT
fbem-20440	104	1	through	through	ADP
fbem-20440	104	2	horizontal	horizontal	ADJ
fbem-20440	104	3	comparison	comparison	NOUN
fbem-20440	104	4	,	,	PUNCT
fbem-20440	104	5	wuliangye	wuliangye	NOUN
fbem-20440	104	6	operating	operating	NOUN
fbem-20440	104	7	income	income	NOUN
fbem-20440	104	8	growth	growth	NOUN
fbem-20440	104	9	trend	trend	NOUN
fbem-20440	104	10	and	and	CCONJ
fbem-20440	104	11	other	other	ADJ
fbem-20440	104	12	enterprises	enterprise	NOUN
fbem-20440	104	13	in	in	ADP
fbem-20440	104	14	the	the	DET
fbem-20440	104	15	same	same	ADJ
fbem-20440	104	16	industry	industry	NOUN
fbem-20440	104	17	,	,	PUNCT
fbem-20440	104	18	by	by	ADP
fbem-20440	104	19	its	its	PRON
fbem-20440	104	20	can	can	AUX
fbem-20440	104	21	prove	prove	VERB
fbem-20440	104	22	the	the	DET
fbem-20440	104	23	index	index	NOUN
fbem-20440	104	24	fell	fall	VERB
fbem-20440	104	25	during	during	ADP
fbem-20440	104	26	the	the	DET
fbem-20440	104	27	period	period	NOUN
fbem-20440	104	28	of	of	ADP
fbem-20440	104	29	2019	2019	NUM
fbem-20440	104	30	-	-	SYM
fbem-20440	104	31	2020	2020	NUM
fbem-20440	104	32	is	be	AUX
fbem-20440	104	33	not	not	PART
fbem-20440	104	34	caused	cause	VERB
fbem-20440	104	35	by	by	ADP
fbem-20440	104	36	poor	poor	ADJ
fbem-20440	104	37	management	management	NOUN
fbem-20440	104	38	,	,	PUNCT
fbem-20440	104	39	but	but	CCONJ
fbem-20440	104	40	the	the	DET
fbem-20440	104	41	plight	plight	NOUN
fbem-20440	104	42	of	of	ADP
fbem-20440	104	43	the	the	DET
fbem-20440	104	44	industry	industry	NOUN
fbem-20440	104	45	,	,	PUNCT
fbem-20440	104	46	the	the	DET
fbem-20440	104	47	reason	reason	NOUN
fbem-20440	104	48	is	be	AUX
fbem-20440	104	49	due	due	ADJ
fbem-20440	104	50	to	to	ADP
fbem-20440	104	51	the	the	DET
fbem-20440	104	52	outbreak	outbreak	NOUN
fbem-20440	104	53	of	of	ADP
fbem-20440	104	54	covid19	covid19	NOUN
fbem-20440	104	55	,	,	PUNCT
fbem-20440	104	56	the	the	DET
fbem-20440	104	57	liquor	liquor	NOUN
fbem-20440	104	58	sales	sale	NOUN
fbem-20440	104	59	and	and	CCONJ
fbem-20440	104	60	sales	sale	NOUN
fbem-20440	104	61	revenue	revenue	NOUN
fbem-20440	104	62	both	both	PRON
fbem-20440	104	63	reduced	reduce	VERB
fbem-20440	104	64	,	,	PUNCT
fbem-20440	104	65	thus	thus	ADV
fbem-20440	104	66	affect	affect	VERB
fbem-20440	104	67	the	the	DET
fbem-20440	104	68	operating	operate	VERB
fbem-20440	104	69	income	income	NOUN
fbem-20440	104	70	growth	growth	NOUN
fbem-20440	104	71	rate	rate	NOUN
fbem-20440	104	72	.	.	PUNCT
fbem-20440	105	1	figure	figure	NOUN
fbem-20440	105	2	8	8	NUM
fbem-20440	105	3	.	.	PUNCT
fbem-20440	106	1	comparative	comparative	ADJ
fbem-20440	106	2	analysis	analysis	NOUN
fbem-20440	106	3	of	of	ADP
fbem-20440	106	4	net	net	ADJ
fbem-20440	106	5	profit	profit	NOUN
fbem-20440	106	6	growth	growth	NOUN
fbem-20440	106	7	rate	rate	VERB
fbem-20440	106	8	the	the	DET
fbem-20440	106	9	growth	growth	NOUN
fbem-20440	106	10	rate	rate	NOUN
fbem-20440	106	11	of	of	ADP
fbem-20440	106	12	net	net	ADJ
fbem-20440	106	13	profit	profit	NOUN
fbem-20440	106	14	refers	refer	VERB
fbem-20440	106	15	to	to	ADP
fbem-20440	106	16	the	the	DET
fbem-20440	106	17	growth	growth	NOUN
fbem-20440	106	18	rate	rate	NOUN
fbem-20440	106	19	of	of	ADP
fbem-20440	106	20	the	the	DET
fbem-20440	106	21	net	net	ADJ
fbem-20440	106	22	profit	profit	NOUN
fbem-20440	106	23	of	of	ADP
fbem-20440	106	24	the	the	DET
fbem-20440	106	25	current	current	ADJ
fbem-20440	106	26	period	period	NOUN
fbem-20440	106	27	relative	relative	ADJ
fbem-20440	106	28	to	to	ADP
fbem-20440	106	29	the	the	DET
fbem-20440	106	30	net	net	ADJ
fbem-20440	106	31	profit	profit	NOUN
fbem-20440	106	32	of	of	ADP
fbem-20440	106	33	the	the	DET
fbem-20440	106	34	previous	previous	ADJ
fbem-20440	106	35	period	period	NOUN
fbem-20440	106	36	.	.	PUNCT
fbem-20440	107	1	the	the	PRON
fbem-20440	107	2	greater	great	ADJ
fbem-20440	107	3	the	the	DET
fbem-20440	107	4	ratio	ratio	NOUN
fbem-20440	107	5	is	be	AUX
fbem-20440	107	6	,	,	PUNCT
fbem-20440	107	7	the	the	PRON
fbem-20440	107	8	stronger	strong	ADJ
fbem-20440	107	9	the	the	DET
fbem-20440	107	10	profitability	profitability	NOUN
fbem-20440	107	11	of	of	ADP
fbem-20440	107	12	the	the	DET
fbem-20440	107	13	enterprise	enterprise	NOUN
fbem-20440	107	14	is	be	AUX
fbem-20440	107	15	,	,	PUNCT
fbem-20440	107	16	and	and	CCONJ
fbem-20440	107	17	the	the	PRON
fbem-20440	107	18	better	well	ADJ
fbem-20440	107	19	the	the	DET
fbem-20440	107	20	future	future	ADJ
fbem-20440	107	21	development	development	NOUN
fbem-20440	107	22	prospect	prospect	NOUN
fbem-20440	107	23	is	be	AUX
fbem-20440	107	24	.	.	PUNCT
fbem-20440	108	1	as	as	SCONJ
fbem-20440	108	2	shown	show	VERB
fbem-20440	108	3	in	in	ADP
fbem-20440	108	4	the	the	DET
fbem-20440	108	5	figure	figure	NOUN
fbem-20440	108	6	above	above	ADV
fbem-20440	108	7	,	,	PUNCT
fbem-20440	108	8	the	the	DET
fbem-20440	108	9	net	net	ADJ
fbem-20440	108	10	profit	profit	NOUN
fbem-20440	108	11	growth	growth	NOUN
fbem-20440	108	12	rate	rate	NOUN
fbem-20440	108	13	of	of	ADP
fbem-20440	108	14	wuliangye	wuliangye	NOUN
fbem-20440	108	15	increased	increase	VERB
fbem-20440	108	16	rapidly	rapidly	ADV
fbem-20440	108	17	in	in	ADP
fbem-20440	108	18	2017	2017	NUM
fbem-20440	108	19	,	,	PUNCT
fbem-20440	108	20	indicating	indicate	VERB
fbem-20440	108	21	that	that	SCONJ
fbem-20440	108	22	after	after	ADP
fbem-20440	108	23	the	the	DET
fbem-20440	108	24	implementation	implementation	NOUN
fbem-20440	108	25	of	of	ADP
fbem-20440	108	26	the	the	DET
fbem-20440	108	27	supply	supply	NOUN
fbem-20440	108	28	-	-	PUNCT
fbem-20440	108	29	side	side	NOUN
fbem-20440	108	30	structural	structural	ADJ
fbem-20440	108	31	reform	reform	NOUN
fbem-20440	108	32	with	with	ADP
fbem-20440	108	33	technology	technology	NOUN
fbem-20440	108	34	and	and	CCONJ
fbem-20440	108	35	product	product	NOUN
fbem-20440	108	36	innovation	innovation	NOUN
fbem-20440	108	37	as	as	ADP
fbem-20440	108	38	the	the	DET
fbem-20440	108	39	core	core	NOUN
fbem-20440	108	40	,	,	PUNCT
fbem-20440	108	41	the	the	DET
fbem-20440	108	42	production	production	NOUN
fbem-20440	108	43	and	and	CCONJ
fbem-20440	108	44	operation	operation	NOUN
fbem-20440	108	45	has	have	AUX
fbem-20440	108	46	steadily	steadily	ADV
fbem-20440	108	47	improved	improve	VERB
fbem-20440	108	48	,	,	PUNCT
fbem-20440	108	49	and	and	CCONJ
fbem-20440	108	50	the	the	DET
fbem-20440	108	51	operating	operate	VERB
fbem-20440	108	52	income	income	NOUN
fbem-20440	108	53	has	have	AUX
fbem-20440	108	54	increased	increase	VERB
fbem-20440	108	55	substantially	substantially	ADV
fbem-20440	108	56	.	.	PUNCT
fbem-20440	109	1	but	but	CCONJ
fbem-20440	109	2	since	since	SCONJ
fbem-20440	109	3	2018	2018	NUM
fbem-20440	109	4	,	,	PUNCT
fbem-20440	109	5	wuliangye	wuliangye	VERB
fbem-20440	109	6	net	net	ADJ
fbem-20440	109	7	profit	profit	NOUN
fbem-20440	109	8	growth	growth	NOUN
fbem-20440	109	9	rate	rate	NOUN
fbem-20440	109	10	fell	fall	VERB
fbem-20440	109	11	year	year	NOUN
fbem-20440	109	12	by	by	ADP
fbem-20440	109	13	year	year	NOUN
fbem-20440	109	14	,	,	PUNCT
fbem-20440	109	15	consistent	consistent	ADJ
fbem-20440	109	16	with	with	ADP
fbem-20440	109	17	the	the	DET
fbem-20440	109	18	other	other	ADJ
fbem-20440	109	19	industry	industry	NOUN
fbem-20440	109	20	enterprises	enterprise	NOUN
fbem-20440	109	21	change	change	VERB
fbem-20440	109	22	trend	trend	NOUN
fbem-20440	109	23	,	,	PUNCT
fbem-20440	109	24	shows	show	VERB
fbem-20440	109	25	that	that	SCONJ
fbem-20440	109	26	the	the	DET
fbem-20440	109	27	index	index	NOUN
fbem-20440	109	28	decline	decline	NOUN
fbem-20440	109	29	is	be	AUX
fbem-20440	109	30	largely	largely	ADV
fbem-20440	109	31	caused	cause	VERB
fbem-20440	109	32	by	by	ADP
fbem-20440	109	33	the	the	DET
fbem-20440	109	34	ecological	ecological	ADJ
fbem-20440	109	35	environment	environment	NOUN
fbem-20440	109	36	of	of	ADP
fbem-20440	109	37	the	the	DET
fbem-20440	109	38	industry	industry	NOUN
fbem-20440	109	39	,	,	PUNCT
fbem-20440	109	40	during	during	ADP
fbem-20440	109	41	2018	2018	NUM
fbem-20440	109	42	-	-	SYM
fbem-20440	109	43	2021	2021	NUM
fbem-20440	109	44	,	,	PUNCT
fbem-20440	109	45	wuliangye	wuliangye	VERB
fbem-20440	109	46	net	net	ADJ
fbem-20440	109	47	profit	profit	NOUN
fbem-20440	109	48	growth	growth	NOUN
fbem-20440	109	49	is	be	AUX
fbem-20440	109	50	higher	high	ADJ
fbem-20440	109	51	than	than	ADP
fbem-20440	109	52	the	the	DET
fbem-20440	109	53	growth	growth	NOUN
fbem-20440	109	54	of	of	ADP
fbem-20440	109	55	operating	operate	VERB
fbem-20440	109	56	income	income	NOUN
fbem-20440	109	57	,	,	PUNCT
fbem-20440	109	58	and	and	CCONJ
fbem-20440	109	59	keep	keep	VERB
fbem-20440	109	60	a	a	DET
fbem-20440	109	61	weak	weak	ADJ
fbem-20440	109	62	advantage	advantage	NOUN
fbem-20440	109	63	,	,	PUNCT
fbem-20440	109	64	this	this	PRON
fbem-20440	109	65	shows	show	VERB
fbem-20440	109	66	that	that	SCONJ
fbem-20440	109	67	wuliangye	wuliangye	NOUN
fbem-20440	109	68	after	after	ADP
fbem-20440	109	69	implementing	implement	VERB
fbem-20440	109	70	the	the	DET
fbem-20440	109	71	strategy	strategy	NOUN
fbem-20440	109	72	of	of	ADP
fbem-20440	109	73	digital	digital	ADJ
fbem-20440	109	74	transformation	transformation	NOUN
fbem-20440	109	75	,	,	PUNCT
fbem-20440	109	76	the	the	DET
fbem-20440	109	77	internal	internal	ADJ
fbem-20440	109	78	process	process	NOUN
fbem-20440	109	79	optimization	optimization	NOUN
fbem-20440	109	80	,	,	PUNCT
fbem-20440	109	81	improve	improve	VERB
fbem-20440	109	82	management	management	NOUN
fbem-20440	109	83	efficiency	efficiency	NOUN
fbem-20440	109	84	,	,	PUNCT
fbem-20440	109	85	entered	enter	VERB
fbem-20440	109	86	a	a	DET
fbem-20440	109	87	virtuous	virtuous	ADJ
fbem-20440	109	88	circle	circle	NOUN
fbem-20440	109	89	,	,	PUNCT
fbem-20440	109	90	have	have	VERB
fbem-20440	109	91	development	development	NOUN
fbem-20440	109	92	potential	potential	NOUN
fbem-20440	109	93	.	.	PUNCT
fbem-20440	110	1	in	in	ADP
fbem-20440	110	2	general	general	ADJ
fbem-20440	110	3	,	,	PUNCT
fbem-20440	110	4	wuliangye	wuliangye	PROPN
fbem-20440	110	5	has	have	AUX
fbem-20440	110	6	entered	enter	VERB
fbem-20440	110	7	a	a	DET
fbem-20440	110	8	period	period	NOUN
fbem-20440	110	9	of	of	ADP
fbem-20440	110	10	stable	stable	ADJ
fbem-20440	110	11	development	development	NOUN
fbem-20440	110	12	,	,	PUNCT
fbem-20440	110	13	and	and	CCONJ
fbem-20440	110	14	its	its	PRON
fbem-20440	110	15	development	development	NOUN
fbem-20440	110	16	ability	ability	NOUN
fbem-20440	110	17	has	have	AUX
fbem-20440	110	18	performed	perform	VERB
fbem-20440	110	19	well	well	ADV
fbem-20440	110	20	.	.	PUNCT
fbem-20440	111	1	5	5	X
fbem-20440	111	2	.	.	NOUN
fbem-20440	111	3	inspiration	inspiration	NOUN
fbem-20440	111	4	to	to	ADP
fbem-20440	111	5	other	other	ADJ
fbem-20440	111	6	enterprises	enterprise	NOUN
fbem-20440	111	7	in	in	ADP
fbem-20440	111	8	the	the	DET
fbem-20440	111	9	liquor	liquor	NOUN
fbem-20440	111	10	industry	industry	NOUN
fbem-20440	111	11	5.1	5.1	NUM
fbem-20440	111	12	.	.	PUNCT
fbem-20440	112	1	accelerate	accelerate	VERB
fbem-20440	112	2	the	the	DET
fbem-20440	112	3	process	process	NOUN
fbem-20440	112	4	of	of	ADP
fbem-20440	112	5	digital	digital	ADJ
fbem-20440	112	6	transformation	transformation	NOUN
fbem-20440	112	7	,	,	PUNCT
fbem-20440	112	8	and	and	CCONJ
fbem-20440	112	9	effectively	effectively	ADV
fbem-20440	112	10	enhance	enhance	VERB
fbem-20440	112	11	the	the	DET
fbem-20440	112	12	core	core	NOUN
fbem-20440	112	13	competitiveness	competitiveness	NOUN
fbem-20440	112	14	of	of	ADP
fbem-20440	112	15	enterprises	enterprise	NOUN
fbem-20440	112	16	digital	digital	ADJ
fbem-20440	112	17	economy	economy	NOUN
fbem-20440	112	18	is	be	AUX
fbem-20440	112	19	related	relate	VERB
fbem-20440	112	20	to	to	ADP
fbem-20440	112	21	the	the	DET
fbem-20440	112	22	overall	overall	ADJ
fbem-20440	112	23	development	development	NOUN
fbem-20440	112	24	of	of	ADP
fbem-20440	112	25	the	the	DET
fbem-20440	112	26	country	country	NOUN
fbem-20440	112	27	.	.	PUNCT
fbem-20440	113	1	in	in	ADP
fbem-20440	113	2	recent	recent	ADJ
fbem-20440	113	3	years	year	NOUN
fbem-20440	113	4	,	,	PUNCT
fbem-20440	113	5	in	in	ADP
fbem-20440	113	6	order	order	NOUN
fbem-20440	113	7	to	to	PART
fbem-20440	113	8	promote	promote	VERB
fbem-20440	113	9	the	the	DET
fbem-20440	113	10	integrated	integrate	VERB
fbem-20440	113	11	development	development	NOUN
fbem-20440	113	12	of	of	ADP
fbem-20440	113	13	the	the	DET
fbem-20440	113	14	digital	digital	ADJ
fbem-20440	113	15	economy	economy	NOUN
fbem-20440	113	16	and	and	CCONJ
fbem-20440	113	17	the	the	DET
fbem-20440	113	18	real	real	ADJ
fbem-20440	113	19	economy	economy	NOUN
fbem-20440	113	20	,	,	PUNCT
fbem-20440	113	21	the	the	DET
fbem-20440	113	22	country	country	NOUN
fbem-20440	113	23	has	have	AUX
fbem-20440	113	24	continuously	continuously	ADV
fbem-20440	113	25	introduced	introduce	VERB
fbem-20440	113	26	policies	policy	NOUN
fbem-20440	113	27	and	and	CCONJ
fbem-20440	113	28	guidelines	guideline	NOUN
fbem-20440	113	29	to	to	PART
fbem-20440	113	30	promote	promote	VERB
fbem-20440	113	31	the	the	DET
fbem-20440	113	32	digital	digital	ADJ
fbem-20440	113	33	transformation	transformation	NOUN
fbem-20440	113	34	and	and	CCONJ
fbem-20440	113	35	upgrading	upgrading	NOUN
fbem-20440	113	36	of	of	ADP
fbem-20440	113	37	enterprises	enterprise	NOUN
fbem-20440	113	38	.	.	PUNCT
fbem-20440	114	1	under	under	ADP
fbem-20440	114	2	the	the	DET
fbem-20440	114	3	current	current	ADJ
fbem-20440	114	4	policy	policy	NOUN
fbem-20440	114	5	of	of	ADP
fbem-20440	114	6	vigorously	vigorously	ADV
fbem-20440	114	7	promoting	promote	VERB
fbem-20440	114	8	the	the	DET
fbem-20440	114	9	digital	digital	ADJ
fbem-20440	114	10	economy	economy	NOUN
fbem-20440	114	11	,	,	PUNCT
fbem-20440	114	12	enterprises	enterprise	NOUN
fbem-20440	114	13	should	should	AUX
fbem-20440	114	14	adapt	adapt	VERB
fbem-20440	114	15	to	to	ADP
fbem-20440	114	16	the	the	DET
fbem-20440	114	17	development	development	NOUN
fbem-20440	114	18	of	of	ADP
fbem-20440	114	19	the	the	DET
fbem-20440	114	20	times	time	NOUN
fbem-20440	114	21	,	,	PUNCT
fbem-20440	114	22	accelerate	accelerate	VERB
fbem-20440	114	23	the	the	DET
fbem-20440	114	24	digital	digital	ADJ
fbem-20440	114	25	transformation	transformation	NOUN
fbem-20440	114	26	to	to	PART
fbem-20440	114	27	adapt	adapt	VERB
fbem-20440	114	28	to	to	ADP
fbem-20440	114	29	the	the	DET
fbem-20440	114	30	market	market	NOUN
fbem-20440	114	31	changes	change	NOUN
fbem-20440	114	32	,	,	PUNCT
fbem-20440	114	33	and	and	CCONJ
fbem-20440	114	34	constantly	constantly	ADV
fbem-20440	114	35	improve	improve	VERB
fbem-20440	114	36	their	their	PRON
fbem-20440	114	37	core	core	NOUN
fbem-20440	114	38	competitiveness	competitiveness	NOUN
fbem-20440	114	39	.	.	PUNCT
fbem-20440	115	1	at	at	ADP
fbem-20440	115	2	present	present	ADJ
fbem-20440	115	3	,	,	PUNCT
fbem-20440	115	4	the	the	DET
fbem-20440	115	5	consumers	consumer	NOUN
fbem-20440	115	6	of	of	ADP
fbem-20440	115	7	the	the	DET
fbem-20440	115	8	liquor	liquor	NOUN
fbem-20440	115	9	industry	industry	NOUN
fbem-20440	115	10	are	be	AUX
fbem-20440	115	11	showing	show	VERB
fbem-20440	115	12	the	the	DET
fbem-20440	115	13	trend	trend	NOUN
fbem-20440	115	14	of	of	ADP
fbem-20440	115	15	younger	young	ADJ
fbem-20440	115	16	and	and	CCONJ
fbem-20440	115	17	diversified	diversified	ADJ
fbem-20440	115	18	,	,	PUNCT
fbem-20440	115	19	and	and	CCONJ
fbem-20440	115	20	the	the	DET
fbem-20440	115	21	market	market	NOUN
fbem-20440	115	22	demand	demand	NOUN
fbem-20440	115	23	is	be	AUX
fbem-20440	115	24	constantly	constantly	ADV
fbem-20440	115	25	changing	change	VERB
fbem-20440	115	26	.	.	PUNCT
fbem-20440	116	1	if	if	SCONJ
fbem-20440	116	2	they	they	PRON
fbem-20440	116	3	do	do	AUX
fbem-20440	116	4	not	not	PART
fbem-20440	116	5	timely	timely	ADV
fbem-20440	116	6	follow	follow	VERB
fbem-20440	116	7	the	the	DET
fbem-20440	116	8	trend	trend	NOUN
fbem-20440	116	9	of	of	ADP
fbem-20440	116	10	the	the	DET
fbem-20440	116	11	times	time	NOUN
fbem-20440	116	12	and	and	CCONJ
fbem-20440	116	13	carry	carry	VERB
fbem-20440	116	14	out	out	ADP
fbem-20440	116	15	digital	digital	ADJ
fbem-20440	116	16	transformation	transformation	NOUN
fbem-20440	116	17	,	,	PUNCT
fbem-20440	116	18	the	the	DET
fbem-20440	116	19	enterprises	enterprise	NOUN
fbem-20440	116	20	will	will	AUX
fbem-20440	116	21	face	face	VERB
fbem-20440	116	22	the	the	DET
fbem-20440	116	23	risk	risk	NOUN
fbem-20440	116	24	of	of	ADP
fbem-20440	116	25	being	be	AUX
fbem-20440	116	26	eliminated	eliminate	VERB
fbem-20440	116	27	by	by	ADP
fbem-20440	116	28	the	the	DET
fbem-20440	116	29	market	market	NOUN
fbem-20440	116	30	.	.	PUNCT
fbem-20440	117	1	however	however	ADV
fbem-20440	117	2	,	,	PUNCT
fbem-20440	117	3	enterprises	enterprise	NOUN
fbem-20440	117	4	should	should	AUX
fbem-20440	117	5	not	not	PART
fbem-20440	117	6	blindly	blindly	ADV
fbem-20440	117	7	carry	carry	VERB
fbem-20440	117	8	out	out	ADP
fbem-20440	117	9	transformation	transformation	NOUN
fbem-20440	117	10	,	,	PUNCT
fbem-20440	117	11	but	but	CCONJ
fbem-20440	117	12	should	should	AUX
fbem-20440	117	13	make	make	VERB
fbem-20440	117	14	specific	specific	ADJ
fbem-20440	117	15	analysis	analysis	NOUN
fbem-20440	117	16	according	accord	VERB
fbem-20440	117	17	to	to	ADP
fbem-20440	117	18	the	the	DET
fbem-20440	117	19	actual	actual	ADJ
fbem-20440	117	20	situation	situation	NOUN
fbem-20440	117	21	,	,	PUNCT
fbem-20440	117	22	and	and	CCONJ
fbem-20440	117	23	find	find	VERB
fbem-20440	117	24	the	the	DET
fbem-20440	117	25	right	right	ADJ
fbem-20440	117	26	way	way	NOUN
fbem-20440	117	27	of	of	ADP
fbem-20440	117	28	digital	digital	ADJ
fbem-20440	117	29	净	净	NOUN
fbem-20440	117	30	利	利	PROPN
fbem-20440	117	31	润	润	NOUN
fbem-20440	117	32	增	增	NOUN
fbem-20440	117	33	⻓	⻓	PROPN
fbem-20440	117	34	率	率	PROPN
fbem-20440	117	35	五粮液	五粮液	PROPN
fbem-20440	117	36	贵州茅台	贵州茅台	PROPN
fbem-20440	117	37	泸州	泸州	PROPN
fbem-20440	117	38	⽼	⽼	NOUN
fbem-20440	117	39	窖	窖	PROPN
fbem-20440	117	40	76	76	NUM
fbem-20440	117	41	development	development	NOUN
fbem-20440	117	42	according	accord	VERB
fbem-20440	117	43	to	to	ADP
fbem-20440	117	44	the	the	DET
fbem-20440	117	45	current	current	ADJ
fbem-20440	117	46	situation	situation	NOUN
fbem-20440	117	47	of	of	ADP
fbem-20440	117	48	the	the	DET
fbem-20440	117	49	development	development	NOUN
fbem-20440	117	50	of	of	ADP
fbem-20440	117	51	the	the	DET
fbem-20440	117	52	industry	industry	NOUN
fbem-20440	117	53	and	and	CCONJ
fbem-20440	117	54	the	the	DET
fbem-20440	117	55	development	development	NOUN
fbem-20440	117	56	needs	need	NOUN
fbem-20440	117	57	of	of	ADP
fbem-20440	117	58	enterprises	enterprise	NOUN
fbem-20440	117	59	themselves	themselves	PRON
fbem-20440	117	60	.	.	PUNCT
fbem-20440	118	1	5.2	5.2	X
fbem-20440	118	2	.	.	PUNCT
fbem-20440	118	3	improve	improve	VERB
fbem-20440	118	4	the	the	DET
fbem-20440	118	5	strategic	strategic	ADJ
fbem-20440	118	6	planning	planning	NOUN
fbem-20440	118	7	of	of	ADP
fbem-20440	118	8	digital	digital	ADJ
fbem-20440	118	9	transformation	transformation	NOUN
fbem-20440	118	10	scientific	scientific	ADJ
fbem-20440	118	11	and	and	CCONJ
fbem-20440	118	12	reasonable	reasonable	ADJ
fbem-20440	118	13	strategic	strategic	ADJ
fbem-20440	118	14	planning	planning	NOUN
fbem-20440	118	15	for	for	ADP
fbem-20440	118	16	the	the	DET
fbem-20440	118	17	enterprise	enterprise	NOUN
fbem-20440	118	18	in	in	ADP
fbem-20440	118	19	the	the	DET
fbem-20440	118	20	digital	digital	ADJ
fbem-20440	118	21	transformation	transformation	NOUN
fbem-20440	118	22	can	can	AUX
fbem-20440	118	23	achieve	achieve	VERB
fbem-20440	118	24	good	good	ADJ
fbem-20440	118	25	results	result	NOUN
fbem-20440	118	26	is	be	AUX
fbem-20440	118	27	crucial	crucial	ADJ
fbem-20440	118	28	,	,	PUNCT
fbem-20440	118	29	because	because	SCONJ
fbem-20440	118	30	the	the	DET
fbem-20440	118	31	strategy	strategy	NOUN
fbem-20440	118	32	is	be	AUX
fbem-20440	118	33	the	the	DET
fbem-20440	118	34	development	development	NOUN
fbem-20440	118	35	of	of	ADP
fbem-20440	118	36	a	a	DET
fbem-20440	118	37	company	company	NOUN
fbem-20440	118	38	lights	light	NOUN
fbem-20440	118	39	,	,	PUNCT
fbem-20440	118	40	play	play	VERB
fbem-20440	118	41	a	a	DET
fbem-20440	118	42	leading	lead	VERB
fbem-20440	118	43	role	role	NOUN
fbem-20440	118	44	in	in	ADP
fbem-20440	118	45	the	the	DET
fbem-20440	118	46	process	process	NOUN
fbem-20440	118	47	of	of	ADP
fbem-20440	118	48	transformation	transformation	NOUN
fbem-20440	118	49	,	,	PUNCT
fbem-20440	118	50	so	so	CCONJ
fbem-20440	118	51	the	the	DET
fbem-20440	118	52	company	company	NOUN
fbem-20440	118	53	's	's	PART
fbem-20440	118	54	top	top	ADJ
fbem-20440	118	55	managers	manager	NOUN
fbem-20440	118	56	should	should	AUX
fbem-20440	118	57	look	look	VERB
fbem-20440	118	58	at	at	ADP
fbem-20440	118	59	the	the	DET
fbem-20440	118	60	external	external	ADJ
fbem-20440	118	61	environment	environment	NOUN
fbem-20440	118	62	,	,	PUNCT
fbem-20440	118	63	market	market	NOUN
fbem-20440	118	64	,	,	PUNCT
fbem-20440	118	65	potential	potential	ADJ
fbem-20440	118	66	danger	danger	NOUN
fbem-20440	118	67	,	,	PUNCT
fbem-20440	118	68	and	and	CCONJ
fbem-20440	118	69	combined	combine	VERB
fbem-20440	118	70	with	with	ADP
fbem-20440	118	71	the	the	DET
fbem-20440	118	72	particularity	particularity	NOUN
fbem-20440	118	73	of	of	ADP
fbem-20440	118	74	the	the	DET
fbem-20440	118	75	enterprise	enterprise	NOUN
fbem-20440	118	76	itself	itself	PRON
fbem-20440	118	77	,	,	PUNCT
fbem-20440	118	78	make	make	VERB
fbem-20440	118	79	conform	conform	NOUN
fbem-20440	118	80	to	to	ADP
fbem-20440	118	81	the	the	DET
fbem-20440	118	82	law	law	NOUN
fbem-20440	118	83	of	of	ADP
fbem-20440	118	84	development	development	NOUN
fbem-20440	118	85	and	and	CCONJ
fbem-20440	118	86	to	to	PART
fbem-20440	118	87	implement	implement	VERB
fbem-20440	118	88	the	the	DET
fbem-20440	118	89	strategic	strategic	ADJ
fbem-20440	118	90	planning	planning	NOUN
fbem-20440	118	91	,	,	PUNCT
fbem-20440	118	92	a	a	DET
fbem-20440	118	93	reasonable	reasonable	ADJ
fbem-20440	118	94	strategic	strategic	ADJ
fbem-20440	118	95	planning	planning	NOUN
fbem-20440	118	96	and	and	CCONJ
fbem-20440	118	97	clear	clear	ADJ
fbem-20440	118	98	strategic	strategic	ADJ
fbem-20440	118	99	deployment	deployment	NOUN
fbem-20440	118	100	of	of	ADP
fbem-20440	118	101	the	the	DET
fbem-20440	118	102	digital	digital	ADJ
fbem-20440	118	103	transformation	transformation	NOUN
fbem-20440	118	104	of	of	ADP
fbem-20440	118	105	the	the	DET
fbem-20440	118	106	enterprise	enterprise	NOUN
fbem-20440	118	107	.	.	PUNCT
fbem-20440	119	1	first	first	ADV
fbem-20440	119	2	,	,	PUNCT
fbem-20440	119	3	the	the	DET
fbem-20440	119	4	top	top	ADJ
fbem-20440	119	5	management	management	NOUN
fbem-20440	119	6	of	of	ADP
fbem-20440	119	7	the	the	DET
fbem-20440	119	8	company	company	NOUN
fbem-20440	119	9	should	should	AUX
fbem-20440	119	10	analyze	analyze	VERB
fbem-20440	119	11	the	the	DET
fbem-20440	119	12	current	current	ADJ
fbem-20440	119	13	industry	industry	NOUN
fbem-20440	119	14	,	,	PUNCT
fbem-20440	119	15	including	include	VERB
fbem-20440	119	16	competitors	competitor	NOUN
fbem-20440	119	17	and	and	CCONJ
fbem-20440	119	18	external	external	ADJ
fbem-20440	119	19	environment	environment	NOUN
fbem-20440	119	20	;	;	PUNCT
fbem-20440	119	21	second	second	X
fbem-20440	119	22	,	,	PUNCT
fbem-20440	119	23	in	in	ADP
fbem-20440	119	24	the	the	DET
fbem-20440	119	25	process	process	NOUN
fbem-20440	119	26	of	of	ADP
fbem-20440	119	27	digital	digital	ADJ
fbem-20440	119	28	transformation	transformation	NOUN
fbem-20440	119	29	,	,	PUNCT
fbem-20440	119	30	the	the	DET
fbem-20440	119	31	enterprise	enterprise	NOUN
fbem-20440	119	32	should	should	AUX
fbem-20440	119	33	deploy	deploy	VERB
fbem-20440	119	34	and	and	CCONJ
fbem-20440	119	35	invest	invest	VERB
fbem-20440	119	36	in	in	ADP
fbem-20440	119	37	the	the	DET
fbem-20440	119	38	organizational	organizational	ADJ
fbem-20440	119	39	structure	structure	NOUN
fbem-20440	119	40	,	,	PUNCT
fbem-20440	119	41	business	business	NOUN
fbem-20440	119	42	layout	layout	NOUN
fbem-20440	119	43	and	and	CCONJ
fbem-20440	119	44	information	information	NOUN
fbem-20440	119	45	software	software	NOUN
fbem-20440	119	46	,	,	PUNCT
fbem-20440	119	47	and	and	CCONJ
fbem-20440	119	48	consider	consider	VERB
fbem-20440	119	49	whether	whether	SCONJ
fbem-20440	119	50	the	the	DET
fbem-20440	119	51	current	current	ADJ
fbem-20440	119	52	business	business	NOUN
fbem-20440	119	53	model	model	NOUN
fbem-20440	119	54	of	of	ADP
fbem-20440	119	55	the	the	DET
fbem-20440	119	56	enterprise	enterprise	NOUN
fbem-20440	119	57	is	be	AUX
fbem-20440	119	58	able	able	ADJ
fbem-20440	119	59	to	to	PART
fbem-20440	119	60	carry	carry	VERB
fbem-20440	119	61	out	out	ADP
fbem-20440	119	62	digital	digital	ADJ
fbem-20440	119	63	transformation	transformation	NOUN
fbem-20440	119	64	.	.	PUNCT
fbem-20440	120	1	5.3	5.3	NUM
fbem-20440	120	2	.	.	PUNCT
fbem-20440	120	3	build	build	VERB
fbem-20440	120	4	a	a	DET
fbem-20440	120	5	new	new	ADJ
fbem-20440	120	6	retail	retail	ADJ
fbem-20440	120	7	terminal	terminal	ADJ
fbem-20440	120	8	model	model	NOUN
fbem-20440	120	9	to	to	PART
fbem-20440	120	10	drive	drive	VERB
fbem-20440	120	11	the	the	DET
fbem-20440	120	12	digital	digital	ADJ
fbem-20440	120	13	transformation	transformation	NOUN
fbem-20440	120	14	with	with	ADP
fbem-20440	120	15	user	user	NOUN
fbem-20440	120	16	needs	need	VERB
fbem-20440	120	17	with	with	ADP
fbem-20440	120	18	the	the	DET
fbem-20440	120	19	change	change	NOUN
fbem-20440	120	20	of	of	ADP
fbem-20440	120	21	the	the	DET
fbem-20440	120	22	times	time	NOUN
fbem-20440	120	23	,	,	PUNCT
fbem-20440	120	24	the	the	DET
fbem-20440	120	25	relationship	relationship	NOUN
fbem-20440	120	26	between	between	ADP
fbem-20440	120	27	consumers	consumer	NOUN
fbem-20440	120	28	and	and	CCONJ
fbem-20440	120	29	enterprises	enterprise	NOUN
fbem-20440	120	30	has	have	AUX
fbem-20440	120	31	undergone	undergo	VERB
fbem-20440	120	32	tremendous	tremendous	ADJ
fbem-20440	120	33	changes	change	NOUN
fbem-20440	120	34	.	.	PUNCT
fbem-20440	121	1	on	on	ADP
fbem-20440	121	2	the	the	DET
fbem-20440	121	3	one	one	NUM
fbem-20440	121	4	hand	hand	NOUN
fbem-20440	121	5	,	,	PUNCT
fbem-20440	121	6	consumers	consumer	NOUN
fbem-20440	121	7	are	be	AUX
fbem-20440	121	8	no	no	ADV
fbem-20440	121	9	longer	long	ADV
fbem-20440	121	10	satisfied	satisfied	ADJ
fbem-20440	121	11	with	with	ADP
fbem-20440	121	12	the	the	DET
fbem-20440	121	13	relationship	relationship	NOUN
fbem-20440	121	14	with	with	ADP
fbem-20440	121	15	traditional	traditional	ADJ
fbem-20440	121	16	enterprises	enterprise	NOUN
fbem-20440	121	17	,	,	PUNCT
fbem-20440	121	18	but	but	CCONJ
fbem-20440	121	19	want	want	VERB
fbem-20440	121	20	to	to	PART
fbem-20440	121	21	put	put	VERB
fbem-20440	121	22	the	the	DET
fbem-20440	121	23	initiative	initiative	NOUN
fbem-20440	121	24	of	of	ADP
fbem-20440	121	25	goods	good	NOUN
fbem-20440	121	26	in	in	ADP
fbem-20440	121	27	their	their	PRON
fbem-20440	121	28	own	own	ADJ
fbem-20440	121	29	hands	hand	NOUN
fbem-20440	121	30	.	.	PUNCT
fbem-20440	122	1	and	and	CCONJ
fbem-20440	122	2	the	the	DET
fbem-20440	122	3	personalized	personalized	ADJ
fbem-20440	122	4	services	service	NOUN
fbem-20440	122	5	in	in	ADP
fbem-20440	122	6	the	the	DET
fbem-20440	122	7	digital	digital	ADJ
fbem-20440	122	8	enterprises	enterprise	NOUN
fbem-20440	122	9	can	can	AUX
fbem-20440	122	10	just	just	ADV
fbem-20440	122	11	solve	solve	VERB
fbem-20440	122	12	this	this	DET
fbem-20440	122	13	need	need	NOUN
fbem-20440	122	14	.	.	PUNCT
fbem-20440	123	1	in	in	ADP
fbem-20440	123	2	the	the	DET
fbem-20440	123	3	liquor	liquor	NOUN
fbem-20440	123	4	industry	industry	NOUN
fbem-20440	123	5	,	,	PUNCT
fbem-20440	123	6	it	it	PRON
fbem-20440	123	7	is	be	AUX
fbem-20440	123	8	very	very	ADV
fbem-20440	123	9	important	important	ADJ
fbem-20440	123	10	to	to	PART
fbem-20440	123	11	have	have	VERB
fbem-20440	123	12	an	an	DET
fbem-20440	123	13	in	in	ADP
fbem-20440	123	14	-	-	PUNCT
fbem-20440	123	15	depth	depth	NOUN
fbem-20440	123	16	understanding	understanding	NOUN
fbem-20440	123	17	of	of	ADP
fbem-20440	123	18	user	user	NOUN
fbem-20440	123	19	needs	need	NOUN
fbem-20440	123	20	,	,	PUNCT
fbem-20440	123	21	understand	understand	VERB
fbem-20440	123	22	users	user	NOUN
fbem-20440	123	23	'	'	PART
fbem-20440	123	24	preferences	preference	NOUN
fbem-20440	123	25	and	and	CCONJ
fbem-20440	123	26	habits	habit	NOUN
fbem-20440	123	27	,	,	PUNCT
fbem-20440	123	28	provide	provide	VERB
fbem-20440	123	29	more	more	ADJ
fbem-20440	123	30	goods	good	NOUN
fbem-20440	123	31	and	and	CCONJ
fbem-20440	123	32	services	service	NOUN
fbem-20440	123	33	in	in	ADP
fbem-20440	123	34	line	line	NOUN
fbem-20440	123	35	with	with	ADP
fbem-20440	123	36	users	user	NOUN
fbem-20440	123	37	'	'	PART
fbem-20440	123	38	consumption	consumption	NOUN
fbem-20440	123	39	will	will	AUX
fbem-20440	123	40	,	,	PUNCT
fbem-20440	123	41	establish	establish	VERB
fbem-20440	123	42	consumers	consumer	NOUN
fbem-20440	123	43	'	'	PART
fbem-20440	123	44	value	value	NOUN
fbem-20440	123	45	identity	identity	NOUN
fbem-20440	123	46	and	and	CCONJ
fbem-20440	123	47	brand	brand	NOUN
fbem-20440	123	48	identity	identity	NOUN
fbem-20440	123	49	,	,	PUNCT
fbem-20440	123	50	gradually	gradually	ADV
fbem-20440	123	51	cultivate	cultivate	VERB
fbem-20440	123	52	stable	stable	ADJ
fbem-20440	123	53	users	user	NOUN
fbem-20440	123	54	,	,	PUNCT
fbem-20440	123	55	and	and	CCONJ
fbem-20440	123	56	improve	improve	VERB
fbem-20440	123	57	user	user	NOUN
fbem-20440	123	58	loyalty	loyalty	NOUN
fbem-20440	123	59	.	.	PUNCT
fbem-20440	124	1	through	through	ADP
fbem-20440	124	2	the	the	DET
fbem-20440	124	3	construction	construction	NOUN
fbem-20440	124	4	of	of	ADP
fbem-20440	124	5	a	a	DET
fbem-20440	124	6	new	new	ADJ
fbem-20440	124	7	retail	retail	ADJ
fbem-20440	124	8	terminal	terminal	NOUN
fbem-20440	124	9	model	model	NOUN
fbem-20440	124	10	integrating	integrate	VERB
fbem-20440	124	11	online	online	ADV
fbem-20440	124	12	and	and	CCONJ
fbem-20440	124	13	offline	offline	ADJ
fbem-20440	124	14	,	,	PUNCT
fbem-20440	124	15	consumers	consumer	NOUN
fbem-20440	124	16	can	can	AUX
fbem-20440	124	17	buy	buy	VERB
fbem-20440	124	18	their	their	PRON
fbem-20440	124	19	own	own	ADJ
fbem-20440	124	20	products	product	NOUN
fbem-20440	124	21	through	through	ADP
fbem-20440	124	22	the	the	DET
fbem-20440	124	23	data	data	NOUN
fbem-20440	124	24	platform	platform	NOUN
fbem-20440	124	25	,	,	PUNCT
fbem-20440	124	26	improve	improve	VERB
fbem-20440	124	27	their	their	PRON
fbem-20440	124	28	user	user	NOUN
fbem-20440	124	29	experience	experience	NOUN
fbem-20440	124	30	,	,	PUNCT
fbem-20440	124	31	and	and	CCONJ
fbem-20440	124	32	lay	lie	VERB
fbem-20440	124	33	a	a	DET
fbem-20440	124	34	foundation	foundation	NOUN
fbem-20440	124	35	for	for	ADP
fbem-20440	124	36	obtaining	obtain	VERB
fbem-20440	124	37	stable	stable	ADJ
fbem-20440	124	38	customers	customer	NOUN
fbem-20440	124	39	,	,	PUNCT
fbem-20440	124	40	so	so	SCONJ
fbem-20440	124	41	as	as	SCONJ
fbem-20440	124	42	to	to	PART
fbem-20440	124	43	increase	increase	VERB
fbem-20440	124	44	their	their	PRON
fbem-20440	124	45	market	market	NOUN
fbem-20440	124	46	share	share	NOUN
fbem-20440	124	47	and	and	CCONJ
fbem-20440	124	48	sales	sale	NOUN
fbem-20440	124	49	revenue	revenue	NOUN
fbem-20440	124	50	.	.	PUNCT
fbem-20440	125	1	finally	finally	ADV
fbem-20440	125	2	,	,	PUNCT
fbem-20440	125	3	enhance	enhance	VERB
fbem-20440	125	4	the	the	DET
fbem-20440	125	5	market	market	NOUN
fbem-20440	125	6	competitiveness	competitiveness	NOUN
fbem-20440	125	7	through	through	ADP
fbem-20440	125	8	digital	digital	ADJ
fbem-20440	125	9	enabling	enable	VERB
fbem-20440	125	10	innovation	innovation	NOUN
fbem-20440	125	11	.	.	PUNCT
fbem-20440	126	1	the	the	DET
fbem-20440	126	2	digital	digital	ADJ
fbem-20440	126	3	technology	technology	NOUN
fbem-20440	126	4	and	and	CCONJ
fbem-20440	126	5	research	research	NOUN
fbem-20440	126	6	innovation	innovation	NOUN
fbem-20440	126	7	depth	depth	NOUN
fbem-20440	126	8	fusion	fusion	NOUN
fbem-20440	126	9	,	,	PUNCT
fbem-20440	126	10	focusing	focus	VERB
fbem-20440	126	11	on	on	ADP
fbem-20440	126	12	technology	technology	NOUN
fbem-20440	126	13	and	and	CCONJ
fbem-20440	126	14	product	product	NOUN
fbem-20440	126	15	innovation	innovation	NOUN
fbem-20440	126	16	,	,	PUNCT
fbem-20440	126	17	the	the	DET
fbem-20440	126	18	process	process	NOUN
fbem-20440	126	19	optimization	optimization	NOUN
fbem-20440	126	20	produces	produce	VERB
fbem-20440	126	21	products	product	NOUN
fbem-20440	126	22	meet	meet	VERB
fbem-20440	126	23	the	the	DET
fbem-20440	126	24	consumer	consumer	NOUN
fbem-20440	126	25	demand	demand	NOUN
fbem-20440	126	26	,	,	PUNCT
fbem-20440	126	27	realize	realize	VERB
fbem-20440	126	28	the	the	DET
fbem-20440	126	29	iterative	iterative	NOUN
fbem-20440	126	30	upgrade	upgrade	NOUN
fbem-20440	126	31	technology	technology	NOUN
fbem-20440	126	32	and	and	CCONJ
fbem-20440	126	33	products	product	NOUN
fbem-20440	126	34	,	,	PUNCT
fbem-20440	126	35	effectively	effectively	ADV
fbem-20440	126	36	enhance	enhance	VERB
fbem-20440	126	37	brand	brand	NOUN
fbem-20440	126	38	value	value	NOUN
fbem-20440	126	39	,	,	PUNCT
fbem-20440	126	40	attract	attract	VERB
fbem-20440	126	41	customers	customer	NOUN
fbem-20440	126	42	to	to	PART
fbem-20440	126	43	buy	buy	VERB
fbem-20440	126	44	,	,	PUNCT
fbem-20440	126	45	improve	improve	VERB
fbem-20440	126	46	market	market	NOUN
fbem-20440	126	47	competitiveness	competitiveness	NOUN
fbem-20440	126	48	,	,	PUNCT
fbem-20440	126	49	thus	thus	ADV
fbem-20440	126	50	in	in	ADP
fbem-20440	126	51	stable	stable	ADJ
fbem-20440	126	52	market	market	NOUN
fbem-20440	126	53	share	share	NOUN
fbem-20440	126	54	at	at	ADP
fbem-20440	126	55	the	the	DET
fbem-20440	126	56	same	same	ADJ
fbem-20440	126	57	time	time	NOUN
fbem-20440	126	58	increase	increase	VERB
fbem-20440	126	59	operating	operating	NOUN
fbem-20440	126	60	income	income	NOUN
fbem-20440	126	61	,	,	PUNCT
fbem-20440	126	62	improve	improve	VERB
fbem-20440	126	63	the	the	DET
fbem-20440	126	64	level	level	NOUN
fbem-20440	126	65	of	of	ADP
fbem-20440	126	66	enterprise	enterprise	NOUN
fbem-20440	126	67	performance	performance	NOUN
fbem-20440	126	68	.	.	PUNCT
fbem-20440	127	1	acknowledgment	acknowledgment	NOUN
fbem-20440	127	2	this	this	DET
fbem-20440	127	3	work	work	NOUN
fbem-20440	127	4	is	be	AUX
fbem-20440	127	5	supported	support	VERB
fbem-20440	127	6	by	by	ADP
fbem-20440	127	7	research	research	NOUN
fbem-20440	127	8	project	project	NOUN
fbem-20440	127	9	of	of	ADP
fbem-20440	127	10	2023	2023	NUM
fbem-20440	127	11	annual	annual	ADJ
fbem-20440	127	12	project	project	NOUN
fbem-20440	127	13	of	of	ADP
fbem-20440	127	14	sichuan	sichuan	PROPN
fbem-20440	127	15	wine	wine	PROPN
fbem-20440	127	16	research	research	NOUN
fbem-20440	127	17	and	and	CCONJ
fbem-20440	127	18	development	development	NOUN
fbem-20440	127	19	center	center	NOUN
fbem-20440	127	20	,	,	PUNCT
fbem-20440	127	21	project	project	NOUN
fbem-20440	127	22	name	name	NOUN
fbem-20440	127	23	:	:	PUNCT
fbem-20440	127	24	research	research	NOUN
fbem-20440	127	25	on	on	ADP
fbem-20440	127	26	digital	digital	ADJ
fbem-20440	127	27	transformation	transformation	NOUN
fbem-20440	127	28	and	and	CCONJ
fbem-20440	127	29	innovative	innovative	ADJ
fbem-20440	127	30	development	development	NOUN
fbem-20440	127	31	of	of	ADP
fbem-20440	127	32	chinese	chinese	ADJ
fbem-20440	127	33	liquor	liquor	NOUN
fbem-20440	127	34	listed	list	VERB
fbem-20440	127	35	companies	company	NOUN
fbem-20440	127	36	,	,	PUNCT
fbem-20440	127	37	project	project	NOUN
fbem-20440	127	38	number	number	NOUN
fbem-20440	127	39	:	:	PUNCT
fbem-20440	127	40	cjy23	cjy23	PROPN
fbem-20440	127	41	-	-	PUNCT
fbem-20440	127	42	07	07	NUM
fbem-20440	127	43	references	reference	NOUN
fbem-20440	127	44	[	[	X
fbem-20440	127	45	1	1	X
fbem-20440	127	46	]	]	PUNCT
fbem-20440	127	47	he	he	PRON
fbem-20440	127	48	fan	fan	PROPN
fbem-20440	127	49	,	,	PUNCT
fbem-20440	127	50	qin	qin	PROPN
fbem-20440	127	51	wish	wish	PROPN
fbem-20440	127	52	.	.	PUNCT
fbem-20440	128	1	research	research	NOUN
fbem-20440	128	2	on	on	ADP
fbem-20440	128	3	the	the	DET
fbem-20440	128	4	economic	economic	ADJ
fbem-20440	128	5	consequences	consequence	NOUN
fbem-20440	128	6	of	of	ADP
fbem-20440	128	7	digital	digital	ADJ
fbem-20440	128	8	transformation	transformation	NOUN
fbem-20440	128	9	of	of	ADP
fbem-20440	128	10	real	real	ADJ
fbem-20440	128	11	enterprises	enterprise	NOUN
fbem-20440	128	12	driven	drive	VERB
fbem-20440	128	13	by	by	ADP
fbem-20440	128	14	innovation	innovation	NOUN
fbem-20440	129	1	[	[	X
fbem-20440	129	2	j	j	X
fbem-20440	129	3	]	]	X
fbem-20440	129	4	.	.	PUNCT
fbem-20440	130	1	journal	journal	PROPN
fbem-20440	130	2	of	of	ADP
fbem-20440	130	3	dongbei	dongbei	PROPN
fbem-20440	130	4	university	university	PROPN
fbem-20440	130	5	of	of	ADP
fbem-20440	130	6	finance	finance	NOUN
fbem-20440	130	7	and	and	CCONJ
fbem-20440	130	8	economics	economic	NOUN
fbem-20440	130	9	,	,	PUNCT
fbem-20440	130	10	2019	2019	NUM
fbem-20440	130	11	,	,	PUNCT
fbem-20440	130	12	(	(	PUNCT
fbem-20440	130	13	05	05	NUM
fbem-20440	130	14	):	):	PUNCT
fbem-20440	130	15	45	45	NUM
fbem-20440	130	16	-	-	SYM
fbem-20440	130	17	52	52	NUM
fbem-20440	130	18	.	.	PUNCT
fbem-20440	131	1	[	[	X
fbem-20440	131	2	2	2	NUM
fbem-20440	131	3	]	]	PUNCT
fbem-20440	131	4	yi	yi	NOUN
fbem-20440	131	5	luxia	luxia	PROPN
fbem-20440	131	6	,	,	PUNCT
fbem-20440	131	7	wu	wu	PROPN
fbem-20440	131	8	fei	fei	PROPN
fbem-20440	131	9	,	,	PUNCT
fbem-20440	131	10	chang	chang	PROPN
fbem-20440	131	11	xi	xi	PROPN
fbem-20440	131	12	.	.	PUNCT
fbem-20440	132	1	enterprise	enterprise	NOUN
fbem-20440	132	2	digital	digital	ADJ
fbem-20440	132	3	transformation	transformation	NOUN
fbem-20440	132	4	process	process	NOUN
fbem-20440	132	5	and	and	CCONJ
fbem-20440	132	6	main	main	ADJ
fbem-20440	132	7	business	business	NOUN
fbem-20440	132	8	performance	performance	NOUN
fbem-20440	132	9	——	——	PUNCT
fbem-20440	132	10	the	the	DET
fbem-20440	132	11	empirical	empirical	ADJ
fbem-20440	132	12	evidence	evidence	NOUN
fbem-20440	132	13	of	of	ADP
fbem-20440	132	14	text	text	NOUN
fbem-20440	132	15	identification	identification	NOUN
fbem-20440	132	16	of	of	ADP
fbem-20440	132	17	the	the	DET
fbem-20440	132	18	annual	annual	ADJ
fbem-20440	132	19	report	report	NOUN
fbem-20440	132	20	of	of	ADP
fbem-20440	132	21	chinese	chinese	ADJ
fbem-20440	132	22	listed	list	VERB
fbem-20440	132	23	enterprises	enterprise	NOUN
fbem-20440	133	1	[	[	X
fbem-20440	133	2	j	j	X
fbem-20440	133	3	]	]	X
fbem-20440	133	4	.	.	PUNCT
fbem-20440	134	1	modern	modern	ADJ
fbem-20440	134	2	finance	finance	NOUN
fbem-20440	134	3	and	and	CCONJ
fbem-20440	134	4	economics	economic	NOUN
fbem-20440	134	5	(	(	PUNCT
fbem-20440	134	6	journal	journal	PROPN
fbem-20440	134	7	of	of	ADP
fbem-20440	134	8	tianjin	tianjin	PROPN
fbem-20440	134	9	university	university	PROPN
fbem-20440	134	10	of	of	ADP
fbem-20440	134	11	finance	finance	NOUN
fbem-20440	134	12	and	and	CCONJ
fbem-20440	134	13	economics	economic	NOUN
fbem-20440	134	14	)	)	PUNCT
fbem-20440	134	15	,	,	PUNCT
fbem-20440	134	16	2021,41	2021,41	NUM
fbem-20440	134	17	(	(	PUNCT
fbem-20440	134	18	10	10	NUM
fbem-20440	134	19	):	):	PUNCT
fbem-20440	134	20	24	24	NUM
fbem-20440	134	21	-	-	SYM
fbem-20440	134	22	38	38	NUM
fbem-20440	134	23	.	.	PUNCT
fbem-20440	135	1	[	[	X
fbem-20440	135	2	3	3	NUM
fbem-20440	135	3	]	]	X
fbem-20440	135	4	tian	tian	PROPN
fbem-20440	135	5	meng	meng	PROPN
fbem-20440	135	6	,	,	PUNCT
fbem-20440	135	7	xu	xu	PROPN
fbem-20440	135	8	xu	xu	PROPN
fbem-20440	136	1	xiaohu.the	xiaohu.the	DET
fbem-20440	136	2	influence	influence	NOUN
fbem-20440	136	3	of	of	ADP
fbem-20440	136	4	big	big	ADJ
fbem-20440	136	5	data	datum	NOUN
fbem-20440	136	6	application	application	NOUN
fbem-20440	136	7	ability	ability	NOUN
fbem-20440	136	8	on	on	ADP
fbem-20440	136	9	enterprise	enterprise	NOUN
fbem-20440	136	10	innovation	innovation	NOUN
fbem-20440	136	11	performance	performance	NOUN
fbem-20440	136	12	studies	study	VERB
fbem-20440	136	13	the	the	DET
fbem-20440	136	14	mediation	mediation	NOUN
fbem-20440	136	15	effect	effect	NOUN
fbem-20440	136	16	of	of	ADP
fbem-20440	136	17	——	——	INTJ
fbem-20440	136	18	supply	supply	NOUN
fbem-20440	136	19	chain	chain	NOUN
fbem-20440	136	20	synergy	synergy	NOUN
fbem-20440	136	21	and	and	CCONJ
fbem-20440	136	22	the	the	DET
fbem-20440	136	23	regulation	regulation	NOUN
fbem-20440	136	24	effect	effect	NOUN
fbem-20440	136	25	of	of	ADP
fbem-20440	136	26	strategic	strategic	ADJ
fbem-20440	136	27	matching	matching	NOUN
fbem-20440	136	28	[	[	X
fbem-20440	136	29	j	j	X
fbem-20440	136	30	]	]	X
fbem-20440	136	31	,	,	PUNCT
fbem-20440	136	32	macroeconomic	macroeconomic	ADJ
fbem-20440	136	33	research	research	NOUN
fbem-20440	136	34	,	,	PUNCT
fbem-20440	136	35	2021	2021	NUM
fbem-20440	136	36	(	(	PUNCT
fbem-20440	136	37	3	3	NUM
fbem-20440	136	38	):	):	PUNCT
fbem-20440	136	39	101	101	NUM
fbem-20440	136	40	-	-	SYM
fbem-20440	136	41	110	110	NUM
fbem-20440	137	1	+	+	NUM
fbem-20440	137	2	119	119	NUM
fbem-20440	137	3	[	[	X
fbem-20440	137	4	4	4	NUM
fbem-20440	137	5	]	]	PUNCT
fbem-20440	137	6	wang	wang	PROPN
fbem-20440	137	7	zhentao	zhentao	PROPN
fbem-20440	137	8	,	,	PUNCT
fbem-20440	137	9	zhang	zhang	PROPN
fbem-20440	137	10	quan	quan	PROPN
fbem-20440	137	11	,	,	PUNCT
fbem-20440	137	12	huang	huang	PROPN
fbem-20440	137	13	tingxue	tingxue	PROPN
fbem-20440	137	14	.	.	PUNCT
fbem-20440	138	1	research	research	NOUN
fbem-20440	138	2	on	on	ADP
fbem-20440	138	3	digital	digital	ADJ
fbem-20440	138	4	marketing	marketing	NOUN
fbem-20440	138	5	transformation	transformation	NOUN
fbem-20440	138	6	strategy	strategy	NOUN
fbem-20440	138	7	of	of	ADP
fbem-20440	138	8	liquor	liquor	NOUN
fbem-20440	138	9	enterprises	enterprise	NOUN
fbem-20440	138	10	in	in	ADP
fbem-20440	138	11	guizhou	guizhou	PROPN
fbem-20440	138	12	province	province	NOUN
fbem-20440	139	1	[	[	X
fbem-20440	139	2	j	j	X
fbem-20440	139	3	]	]	X
fbem-20440	139	4	.	.	PUNCT
fbem-20440	140	1	brewing	brew	VERB
fbem-20440	140	2	in	in	ADP
fbem-20440	140	3	china	china	PROPN
fbem-20440	140	4	,	,	PUNCT
fbem-20440	140	5	2024	2024	NUM
fbem-20440	140	6	,	,	PUNCT
fbem-20440	140	7	43	43	NUM
fbem-20440	140	8	(	(	PUNCT
fbem-20440	140	9	03	03	NUM
fbem-20440	140	10	):	):	PUNCT
fbem-20440	140	11	260	260	NUM
fbem-20440	140	12	-	-	SYM
fbem-20440	140	13	263	263	NUM
fbem-20440	140	14	.	.	PUNCT
fbem-20440	141	1	[	[	X
fbem-20440	141	2	5	5	NUM
fbem-20440	141	3	]	]	X
fbem-20440	141	4	tang	tang	NOUN
fbem-20440	141	5	manping	manpe	VERB
fbem-20440	141	6	,	,	PUNCT
fbem-20440	141	7	guo	guo	PROPN
fbem-20440	141	8	yuetzhan	yuetzhan	PROPN
fbem-20440	141	9	,	,	PUNCT
fbem-20440	141	10	xu	xu	PROPN
fbem-20440	141	11	qianrui	qianrui	PROPN
fbem-20440	141	12	,	,	PUNCT
fbem-20440	141	13	et	et	PROPN
fbem-20440	141	14	al	al	PROPN
fbem-20440	141	15	.	.	PROPN
fbem-20440	142	1	comparative	comparative	ADJ
fbem-20440	142	2	study	study	NOUN
fbem-20440	142	3	on	on	ADP
fbem-20440	142	4	the	the	DET
fbem-20440	142	5	influence	influence	NOUN
fbem-20440	142	6	of	of	ADP
fbem-20440	142	7	innovation	innovation	NOUN
fbem-20440	142	8	mode	mode	NOUN
fbem-20440	142	9	selection	selection	NOUN
fbem-20440	142	10	on	on	ADP
fbem-20440	142	11	enterprise	enterprise	NOUN
fbem-20440	142	12	performance	performance	NOUN
fbem-20440	142	13	——	——	PUNCT
fbem-20440	142	14	since	since	SCONJ
fbem-20440	142	15	main	main	ADJ
fbem-20440	142	16	innovation	innovation	NOUN
fbem-20440	142	17	or	or	CCONJ
fbem-20440	142	18	cooperative	cooperative	ADJ
fbem-20440	142	19	innovation	innovation	NOUN
fbem-20440	143	1	[	[	X
fbem-20440	143	2	j	j	X
fbem-20440	143	3	]	]	X
fbem-20440	143	4	.	.	PUNCT
fbem-20440	144	1	friends	friend	NOUN
fbem-20440	144	2	of	of	ADP
fbem-20440	144	3	the	the	DET
fbem-20440	144	4	accounting	accounting	NOUN
fbem-20440	144	5	,	,	PUNCT
fbem-20440	144	6	2021	2021	NUM
fbem-20440	144	7	(	(	PUNCT
fbem-20440	144	8	17	17	NUM
fbem-20440	144	9	):	):	PUNCT
fbem-20440	144	10	43	43	NUM
fbem-20440	144	11	-	-	SYM
fbem-20440	144	12	50	50	NUM
fbem-20440	144	13	.	.	PUNCT
fbem-20440	145	1	[	[	X
fbem-20440	145	2	6	6	NUM
fbem-20440	145	3	]	]	PUNCT
fbem-20440	145	4	xu	xu	PROPN
fbem-20440	145	5	haoqing	haoqing	PROPN
fbem-20440	145	6	,	,	PUNCT
fbem-20440	145	7	ma	ma	PROPN
fbem-20440	145	8	yanfei	yanfei	PROPN
fbem-20440	145	9	,	,	PUNCT
fbem-20440	145	10	yang	yang	PROPN
fbem-20440	145	11	xiaowen	xiaowen	PROPN
fbem-20440	145	12	.	.	PUNCT
fbem-20440	146	1	research	research	NOUN
fbem-20440	146	2	on	on	ADP
fbem-20440	146	3	the	the	DET
fbem-20440	146	4	impact	impact	NOUN
fbem-20440	146	5	of	of	ADP
fbem-20440	146	6	digital	digital	ADJ
fbem-20440	146	7	transformation	transformation	NOUN
fbem-20440	146	8	on	on	ADP
fbem-20440	146	9	enterprise	enterprise	NOUN
fbem-20440	146	10	market	market	NOUN
fbem-20440	146	11	value	value	NOUN
fbem-20440	146	12	[	[	X
fbem-20440	146	13	j	j	X
fbem-20440	146	14	]	]	X
fbem-20440	146	15	.	.	PUNCT
fbem-20440	147	1	learning	learning	NOUN
fbem-20440	147	2	and	and	CCONJ
fbem-20440	147	3	exploration	exploration	NOUN
fbem-20440	147	4	,	,	PUNCT
fbem-20440	147	5	2024	2024	NUM
fbem-20440	147	6	(	(	PUNCT
fbem-20440	147	7	03	03	NUM
fbem-20440	147	8	):	):	PUNCT
fbem-20440	147	9	95	95	NUM
fbem-20440	147	10	-	-	SYM
fbem-20440	147	11	103	103	NUM
fbem-20440	147	12	.	.	PUNCT
fbem-20440	148	1	[	[	X
fbem-20440	148	2	7	7	NUM
fbem-20440	148	3	]	]	X
fbem-20440	148	4	fu	fu	PROPN
fbem-20440	148	5	guohua	guohua	PROPN
fbem-20440	148	6	,	,	PUNCT
fbem-20440	148	7	wang	wang	PROPN
fbem-20440	148	8	tao	tao	PROPN
fbem-20440	148	9	,	,	PUNCT
fbem-20440	148	10	lou	lou	PROPN
fbem-20440	148	11	runping	runping	NOUN
fbem-20440	148	12	,	,	PUNCT
fbem-20440	148	13	et	et	PROPN
fbem-20440	148	14	al	al	PROPN
fbem-20440	148	15	.	.	PROPN
fbem-20440	148	16	research	research	NOUN
fbem-20440	148	17	on	on	ADP
fbem-20440	148	18	the	the	DET
fbem-20440	148	19	influence	influence	NOUN
fbem-20440	148	20	of	of	ADP
fbem-20440	148	21	digital	digital	ADJ
fbem-20440	148	22	investment	investment	NOUN
fbem-20440	148	23	on	on	ADP
fbem-20440	148	24	the	the	DET
fbem-20440	148	25	breakthrough	breakthrough	NOUN
fbem-20440	148	26	innovation	innovation	NOUN
fbem-20440	148	27	of	of	ADP
fbem-20440	148	28	manufacturing	manufacturing	NOUN
fbem-20440	148	29	enterprises	enterprise	NOUN
fbem-20440	149	1	[	[	X
fbem-20440	149	2	j	j	X
fbem-20440	149	3	]	]	X
fbem-20440	149	4	.	.	PUNCT
fbem-20440	150	1	friends	friend	NOUN
fbem-20440	150	2	of	of	ADP
fbem-20440	150	3	the	the	DET
fbem-20440	150	4	accounting	accounting	NOUN
fbem-20440	150	5	,	,	PUNCT
fbem-20440	150	6	2023	2023	NUM
fbem-20440	150	7	(	(	PUNCT
fbem-20440	150	8	24	24	NUM
fbem-20440	150	9	):	):	PUNCT
fbem-20440	150	10	76	76	NUM
fbem-20440	150	11	-	-	SYM
fbem-20440	150	12	83	83	NUM
fbem-20440	150	13	.	.	PUNCT
