id	sid	tid	token	lemma	pos
fbem-21416	1	1	frontiers	frontier	NOUN
fbem-21416	1	2	in	in	ADP
fbem-21416	1	3	business	business	NOUN
fbem-21416	1	4	,	,	PUNCT
fbem-21416	1	5	economics	economic	NOUN
fbem-21416	1	6	and	and	CCONJ
fbem-21416	1	7	management	management	NOUN
fbem-21416	1	8	issn	issn	PROPN
fbem-21416	1	9	:	:	PUNCT
fbem-21416	1	10	2766	2766	NUM
fbem-21416	1	11	-	-	PUNCT
fbem-21416	1	12	824x	824x	NUM
fbem-21416	1	13	|	|	ADJ
fbem-21416	1	14	vol	vol	NOUN
fbem-21416	1	15	.	.	PROPN
fbem-21416	1	16	15	15	NUM
fbem-21416	1	17	,	,	PUNCT
fbem-21416	1	18	no	no	INTJ
fbem-21416	1	19	.	.	NOUN
fbem-21416	1	20	1	1	NUM
fbem-21416	1	21	,	,	PUNCT
fbem-21416	1	22	2024	2024	NUM
fbem-21416	1	23	115	115	NUM
fbem-21416	1	24	study	study	NOUN
fbem-21416	1	25	on	on	ADP
fbem-21416	1	26	the	the	DET
fbem-21416	1	27	motivation	motivation	NOUN
fbem-21416	1	28	of	of	ADP
fbem-21416	1	29	nonlinear	nonlinear	ADJ
fbem-21416	1	30	trajectory	trajectory	NOUN
fbem-21416	1	31	of	of	ADP
fbem-21416	1	32	corporate	corporate	ADJ
fbem-21416	1	33	financialization	financialization	NOUN
fbem-21416	1	34	and	and	CCONJ
fbem-21416	1	35	the	the	DET
fbem-21416	1	36	impact	impact	NOUN
fbem-21416	1	37	of	of	ADP
fbem-21416	1	38	financial	financial	ADJ
fbem-21416	1	39	performance	performance	NOUN
fbem-21416	1	40	-taking	-take	VERB
fbem-21416	1	41	huamao	huamao	NOUN
fbem-21416	1	42	stock	stock	NOUN
fbem-21416	1	43	as	as	ADP
fbem-21416	1	44	an	an	DET
fbem-21416	1	45	example	example	NOUN
fbem-21416	1	46	ruijia	ruijia	NOUN
fbem-21416	1	47	lan1	lan1	PROPN
fbem-21416	1	48	,	,	PUNCT
fbem-21416	1	49	*	*	PUNCT
fbem-21416	1	50	,	,	PUNCT
fbem-21416	1	51	guoyu	guoyu	NOUN
fbem-21416	1	52	mao1	mao1	PROPN
fbem-21416	1	53	1	1	NUM
fbem-21416	1	54	college	college	NOUN
fbem-21416	1	55	of	of	ADP
fbem-21416	1	56	management	management	NOUN
fbem-21416	1	57	,	,	PUNCT
fbem-21416	1	58	sichuan	sichuan	PROPN
fbem-21416	1	59	university	university	PROPN
fbem-21416	1	60	of	of	ADP
fbem-21416	1	61	science	science	PROPN
fbem-21416	1	62	&	&	CCONJ
fbem-21416	1	63	engineering	engineering	PROPN
fbem-21416	1	64	,	,	PUNCT
fbem-21416	1	65	zigong	zigong	PROPN
fbem-21416	1	66	,	,	PUNCT
fbem-21416	1	67	643000	643000	NUM
fbem-21416	1	68	,	,	PUNCT
fbem-21416	1	69	china	china	PROPN
fbem-21416	1	70	*	*	PUNCT
fbem-21416	1	71	corresponding	correspond	VERB
fbem-21416	1	72	author	author	NOUN
fbem-21416	1	73	:	:	PUNCT
fbem-21416	1	74	ruijia	ruijia	PROPN
fbem-21416	1	75	lan	lan	PROPN
fbem-21416	1	76	(	(	PUNCT
fbem-21416	1	77	email	email	NOUN
fbem-21416	1	78	:	:	PUNCT
fbem-21416	1	79	790317389@qq.com	790317389@qq.com	NUM
fbem-21416	1	80	)	)	PUNCT
fbem-21416	1	81	abstract	abstract	NOUN
fbem-21416	1	82	:	:	PUNCT
fbem-21416	1	83	with	with	ADP
fbem-21416	1	84	the	the	DET
fbem-21416	1	85	continuous	continuous	ADJ
fbem-21416	1	86	changes	change	NOUN
fbem-21416	1	87	in	in	ADP
fbem-21416	1	88	the	the	DET
fbem-21416	1	89	global	global	ADJ
fbem-21416	1	90	market	market	NOUN
fbem-21416	1	91	environment	environment	NOUN
fbem-21416	1	92	and	and	CCONJ
fbem-21416	1	93	the	the	DET
fbem-21416	1	94	intensification	intensification	NOUN
fbem-21416	1	95	of	of	ADP
fbem-21416	1	96	trade	trade	NOUN
fbem-21416	1	97	friction	friction	NOUN
fbem-21416	1	98	between	between	ADP
fbem-21416	1	99	china	china	PROPN
fbem-21416	1	100	and	and	CCONJ
fbem-21416	1	101	the	the	DET
fbem-21416	1	102	united	united	PROPN
fbem-21416	1	103	states	states	PROPN
fbem-21416	1	104	,	,	PUNCT
fbem-21416	1	105	the	the	DET
fbem-21416	1	106	downward	downward	ADJ
fbem-21416	1	107	pressure	pressure	NOUN
fbem-21416	1	108	on	on	ADP
fbem-21416	1	109	china	china	PROPN
fbem-21416	1	110	's	's	PART
fbem-21416	1	111	real	real	ADJ
fbem-21416	1	112	economy	economy	NOUN
fbem-21416	1	113	has	have	AUX
fbem-21416	1	114	increased	increase	VERB
fbem-21416	1	115	.	.	PUNCT
fbem-21416	2	1	entity	entity	NOUN
fbem-21416	2	2	enterprises	enterprise	NOUN
fbem-21416	2	3	have	have	AUX
fbem-21416	2	4	been	be	AUX
fbem-21416	2	5	involved	involve	VERB
fbem-21416	2	6	in	in	ADP
fbem-21416	2	7	the	the	DET
fbem-21416	2	8	financial	financial	ADJ
fbem-21416	2	9	and	and	CCONJ
fbem-21416	2	10	real	real	ADJ
fbem-21416	2	11	estate	estate	NOUN
fbem-21416	2	12	and	and	CCONJ
fbem-21416	2	13	other	other	ADJ
fbem-21416	2	14	virtual	virtual	ADJ
fbem-21416	2	15	economy	economy	NOUN
fbem-21416	2	16	,	,	PUNCT
fbem-21416	2	17	in	in	ADP
fbem-21416	2	18	order	order	NOUN
fbem-21416	2	19	to	to	PART
fbem-21416	2	20	obtain	obtain	VERB
fbem-21416	2	21	high	high	ADJ
fbem-21416	2	22	profits	profit	NOUN
fbem-21416	2	23	,	,	PUNCT
fbem-21416	2	24	the	the	DET
fbem-21416	2	25	entity	entity	NOUN
fbem-21416	2	26	enterprise	enterprise	NOUN
fbem-21416	2	27	"	"	PUNCT
fbem-21416	2	28	derealization	derealization	NOUN
fbem-21416	2	29	to	to	ADP
fbem-21416	2	30	virtual	virtual	ADJ
fbem-21416	2	31	"	"	PUNCT
fbem-21416	2	32	phenomenon	phenomenon	NOUN
fbem-21416	2	33	is	be	AUX
fbem-21416	2	34	becoming	become	VERB
fbem-21416	2	35	more	more	ADV
fbem-21416	2	36	and	and	CCONJ
fbem-21416	2	37	more	more	ADV
fbem-21416	2	38	serious	serious	ADJ
fbem-21416	2	39	.	.	PUNCT
fbem-21416	3	1	in	in	ADP
fbem-21416	3	2	recent	recent	ADJ
fbem-21416	3	3	years	year	NOUN
fbem-21416	3	4	,	,	PUNCT
fbem-21416	3	5	the	the	DET
fbem-21416	3	6	state	state	NOUN
fbem-21416	3	7	has	have	AUX
fbem-21416	3	8	introduced	introduce	VERB
fbem-21416	3	9	a	a	DET
fbem-21416	3	10	series	series	NOUN
fbem-21416	3	11	of	of	ADP
fbem-21416	3	12	policies	policy	NOUN
fbem-21416	3	13	to	to	PART
fbem-21416	3	14	guide	guide	VERB
fbem-21416	3	15	manufacturing	manufacturing	NOUN
fbem-21416	3	16	enterprises	enterprise	NOUN
fbem-21416	3	17	to	to	PART
fbem-21416	3	18	"	"	PUNCT
fbem-21416	3	19	return	return	VERB
fbem-21416	3	20	to	to	ADP
fbem-21416	3	21	the	the	DET
fbem-21416	3	22	real	real	ADJ
fbem-21416	3	23	"	"	PUNCT
fbem-21416	3	24	,	,	PUNCT
fbem-21416	3	25	of	of	ADP
fbem-21416	3	26	which	which	PRON
fbem-21416	3	27	"	"	PUNCT
fbem-21416	3	28	deleveraging	deleverage	VERB
fbem-21416	3	29	"	"	PUNCT
fbem-21416	3	30	in	in	ADP
fbem-21416	3	31	the	the	DET
fbem-21416	3	32	supply	supply	NOUN
fbem-21416	3	33	-	-	PUNCT
fbem-21416	3	34	side	side	NOUN
fbem-21416	3	35	structural	structural	ADJ
fbem-21416	3	36	reform	reform	NOUN
fbem-21416	3	37	has	have	AUX
fbem-21416	3	38	become	become	VERB
fbem-21416	3	39	an	an	DET
fbem-21416	3	40	important	important	ADJ
fbem-21416	3	41	means	mean	NOUN
fbem-21416	3	42	to	to	PART
fbem-21416	3	43	regulate	regulate	VERB
fbem-21416	3	44	the	the	DET
fbem-21416	3	45	disconnection	disconnection	NOUN
fbem-21416	3	46	between	between	ADP
fbem-21416	3	47	the	the	DET
fbem-21416	3	48	real	real	ADJ
fbem-21416	3	49	and	and	CCONJ
fbem-21416	3	50	the	the	DET
fbem-21416	3	51	virtual	virtual	ADJ
fbem-21416	3	52	economy	economy	NOUN
fbem-21416	3	53	.	.	PUNCT
fbem-21416	4	1	how	how	SCONJ
fbem-21416	4	2	to	to	PART
fbem-21416	4	3	guide	guide	VERB
fbem-21416	4	4	and	and	CCONJ
fbem-21416	4	5	promote	promote	VERB
fbem-21416	4	6	the	the	DET
fbem-21416	4	7	manufacturing	manufacturing	NOUN
fbem-21416	4	8	enterprises	enterprise	NOUN
fbem-21416	4	9	to	to	PART
fbem-21416	4	10	"	"	PUNCT
fbem-21416	4	11	return	return	VERB
fbem-21416	4	12	to	to	ADP
fbem-21416	4	13	reality	reality	NOUN
fbem-21416	4	14	"	"	PUNCT
fbem-21416	4	15	is	be	AUX
fbem-21416	4	16	the	the	DET
fbem-21416	4	17	key	key	NOUN
fbem-21416	4	18	to	to	PART
fbem-21416	4	19	promote	promote	VERB
fbem-21416	4	20	the	the	DET
fbem-21416	4	21	high	high	ADJ
fbem-21416	4	22	-	-	PUNCT
fbem-21416	4	23	quality	quality	NOUN
fbem-21416	4	24	development	development	NOUN
fbem-21416	4	25	of	of	ADP
fbem-21416	4	26	china	china	PROPN
fbem-21416	4	27	's	's	PART
fbem-21416	4	28	economy	economy	NOUN
fbem-21416	4	29	,	,	PUNCT
fbem-21416	4	30	but	but	CCONJ
fbem-21416	4	31	how	how	SCONJ
fbem-21416	4	32	the	the	DET
fbem-21416	4	33	impact	impact	NOUN
fbem-21416	4	34	needs	need	VERB
fbem-21416	4	35	to	to	PART
fbem-21416	4	36	be	be	AUX
fbem-21416	4	37	studied	study	VERB
fbem-21416	4	38	in	in	ADP
fbem-21416	4	39	depth	depth	NOUN
fbem-21416	4	40	.	.	PUNCT
fbem-21416	5	1	taking	take	VERB
fbem-21416	5	2	huamao	huamao	ADJ
fbem-21416	5	3	shares	share	NOUN
fbem-21416	5	4	as	as	ADP
fbem-21416	5	5	a	a	DET
fbem-21416	5	6	case	case	NOUN
fbem-21416	5	7	study	study	NOUN
fbem-21416	5	8	,	,	PUNCT
fbem-21416	5	9	this	this	DET
fbem-21416	5	10	study	study	NOUN
fbem-21416	5	11	selects	select	VERB
fbem-21416	5	12	15	15	NUM
fbem-21416	5	13	key	key	ADJ
fbem-21416	5	14	financial	financial	ADJ
fbem-21416	5	15	indicators	indicator	NOUN
fbem-21416	5	16	between	between	ADP
fbem-21416	5	17	2010	2010	NUM
fbem-21416	5	18	and	and	CCONJ
fbem-21416	5	19	2022	2022	NUM
fbem-21416	5	20	,	,	PUNCT
fbem-21416	5	21	and	and	CCONJ
fbem-21416	5	22	applies	apply	VERB
fbem-21416	5	23	the	the	DET
fbem-21416	5	24	entropy	entropy	PROPN
fbem-21416	5	25	method	method	NOUN
fbem-21416	5	26	to	to	PART
fbem-21416	5	27	quantitatively	quantitatively	ADV
fbem-21416	5	28	analyze	analyze	VERB
fbem-21416	5	29	the	the	DET
fbem-21416	5	30	differential	differential	ADJ
fbem-21416	5	31	impact	impact	NOUN
fbem-21416	5	32	on	on	ADP
fbem-21416	5	33	financial	financial	ADJ
fbem-21416	5	34	performance	performance	NOUN
fbem-21416	5	35	of	of	ADP
fbem-21416	5	36	the	the	DET
fbem-21416	5	37	company	company	NOUN
fbem-21416	5	38	's	's	PART
fbem-21416	5	39	financialization	financialization	NOUN
fbem-21416	5	40	behavior	behavior	NOUN
fbem-21416	5	41	between	between	ADP
fbem-21416	5	42	2010	2010	NUM
fbem-21416	5	43	and	and	CCONJ
fbem-21416	5	44	2019	2019	NUM
fbem-21416	5	45	and	and	CCONJ
fbem-21416	5	46	its	its	PRON
fbem-21416	5	47	de	de	ADJ
fbem-21416	5	48	-	-	ADJ
fbem-21416	5	49	financialization	financialization	NOUN
fbem-21416	5	50	process	process	NOUN
fbem-21416	5	51	from	from	ADP
fbem-21416	5	52	2020	2020	NUM
fbem-21416	5	53	to	to	ADP
fbem-21416	5	54	the	the	DET
fbem-21416	5	55	present	present	NOUN
fbem-21416	5	56	.	.	PUNCT
fbem-21416	6	1	by	by	ADP
fbem-21416	6	2	deeply	deeply	ADV
fbem-21416	6	3	exploring	explore	VERB
fbem-21416	6	4	the	the	DET
fbem-21416	6	5	non	non	ADJ
fbem-21416	6	6	-	-	ADJ
fbem-21416	6	7	linear	linear	ADJ
fbem-21416	6	8	development	development	NOUN
fbem-21416	6	9	trajectory	trajectory	NOUN
fbem-21416	6	10	of	of	ADP
fbem-21416	6	11	financialization	financialization	NOUN
fbem-21416	6	12	and	and	CCONJ
fbem-21416	6	13	its	its	PRON
fbem-21416	6	14	specific	specific	ADJ
fbem-21416	6	15	impact	impact	NOUN
fbem-21416	6	16	on	on	ADP
fbem-21416	6	17	the	the	DET
fbem-21416	6	18	financial	financial	ADJ
fbem-21416	6	19	performance	performance	NOUN
fbem-21416	6	20	of	of	ADP
fbem-21416	6	21	the	the	DET
fbem-21416	6	22	company	company	NOUN
fbem-21416	6	23	,	,	PUNCT
fbem-21416	6	24	this	this	DET
fbem-21416	6	25	paper	paper	NOUN
fbem-21416	6	26	reveals	reveal	VERB
fbem-21416	6	27	that	that	SCONJ
fbem-21416	6	28	huamao	huamao	PROPN
fbem-21416	6	29	's	's	PART
fbem-21416	6	30	financialization	financialization	NOUN
fbem-21416	6	31	behavior	behavior	NOUN
fbem-21416	6	32	,	,	PUNCT
fbem-21416	6	33	while	while	SCONJ
fbem-21416	6	34	promoting	promote	VERB
fbem-21416	6	35	investment	investment	NOUN
fbem-21416	6	36	returns	return	NOUN
fbem-21416	6	37	,	,	PUNCT
fbem-21416	6	38	has	have	AUX
fbem-21416	6	39	generated	generate	VERB
fbem-21416	6	40	investment	investment	NOUN
fbem-21416	6	41	substitution	substitution	NOUN
fbem-21416	6	42	effects	effect	NOUN
fbem-21416	6	43	and	and	CCONJ
fbem-21416	6	44	in	in	ADP
fbem-21416	6	45	turn	turn	NOUN
fbem-21416	6	46	has	have	AUX
fbem-21416	6	47	generated	generate	VERB
fbem-21416	6	48	obvious	obvious	ADJ
fbem-21416	6	49	crowding	crowd	VERB
fbem-21416	6	50	-	-	PUNCT
fbem-21416	6	51	out	out	ADP
fbem-21416	6	52	effects	effect	NOUN
fbem-21416	6	53	on	on	ADP
fbem-21416	6	54	the	the	DET
fbem-21416	6	55	company	company	NOUN
fbem-21416	6	56	's	's	PART
fbem-21416	6	57	main	main	ADJ
fbem-21416	6	58	business	business	NOUN
fbem-21416	6	59	,	,	PUNCT
fbem-21416	6	60	thus	thus	ADV
fbem-21416	6	61	weakening	weaken	VERB
fbem-21416	6	62	the	the	DET
fbem-21416	6	63	profitability	profitability	NOUN
fbem-21416	6	64	of	of	ADP
fbem-21416	6	65	the	the	DET
fbem-21416	6	66	company	company	NOUN
fbem-21416	6	67	.	.	PUNCT
fbem-21416	7	1	in	in	ADP
fbem-21416	7	2	view	view	NOUN
fbem-21416	7	3	of	of	ADP
fbem-21416	7	4	this	this	PRON
fbem-21416	7	5	,	,	PUNCT
fbem-21416	7	6	it	it	PRON
fbem-21416	7	7	puts	put	VERB
fbem-21416	7	8	forward	forward	ADV
fbem-21416	7	9	relevant	relevant	ADJ
fbem-21416	7	10	policy	policy	NOUN
fbem-21416	7	11	suggestions	suggestion	NOUN
fbem-21416	7	12	for	for	ADP
fbem-21416	7	13	the	the	DET
fbem-21416	7	14	financialization	financialization	NOUN
fbem-21416	7	15	of	of	ADP
fbem-21416	7	16	manufacturing	manufacturing	NOUN
fbem-21416	7	17	enterprises	enterprise	NOUN
fbem-21416	7	18	,	,	PUNCT
fbem-21416	7	19	which	which	PRON
fbem-21416	7	20	helps	help	VERB
fbem-21416	7	21	to	to	PART
fbem-21416	7	22	guide	guide	VERB
fbem-21416	7	23	industrial	industrial	ADJ
fbem-21416	7	24	capital	capital	NOUN
fbem-21416	7	25	to	to	PART
fbem-21416	7	26	return	return	VERB
fbem-21416	7	27	to	to	ADP
fbem-21416	7	28	the	the	DET
fbem-21416	7	29	main	main	ADJ
fbem-21416	7	30	business	business	NOUN
fbem-21416	7	31	and	and	CCONJ
fbem-21416	7	32	accelerate	accelerate	VERB
fbem-21416	7	33	the	the	DET
fbem-21416	7	34	upgrading	upgrading	NOUN
fbem-21416	7	35	and	and	CCONJ
fbem-21416	7	36	transformation	transformation	NOUN
fbem-21416	7	37	of	of	ADP
fbem-21416	7	38	manufacturing	manufacture	VERB
fbem-21416	7	39	industry	industry	NOUN
fbem-21416	7	40	under	under	ADP
fbem-21416	7	41	the	the	DET
fbem-21416	7	42	background	background	NOUN
fbem-21416	7	43	of	of	ADP
fbem-21416	7	44	revitalization	revitalization	NOUN
fbem-21416	7	45	of	of	ADP
fbem-21416	7	46	the	the	DET
fbem-21416	7	47	real	real	ADJ
fbem-21416	7	48	economy	economy	NOUN
fbem-21416	7	49	vigorously	vigorously	ADV
fbem-21416	7	50	advocated	advocate	VERB
fbem-21416	7	51	by	by	ADP
fbem-21416	7	52	the	the	DET
fbem-21416	7	53	state	state	NOUN
fbem-21416	7	54	and	and	CCONJ
fbem-21416	7	55	has	have	VERB
fbem-21416	7	56	certain	certain	ADJ
fbem-21416	7	57	guiding	guiding	NOUN
fbem-21416	7	58	significance	significance	NOUN
fbem-21416	7	59	,	,	PUNCT
fbem-21416	7	60	and	and	CCONJ
fbem-21416	7	61	emphasizes	emphasize	VERB
fbem-21416	7	62	the	the	DET
fbem-21416	7	63	importance	importance	NOUN
fbem-21416	7	64	of	of	ADP
fbem-21416	7	65	returning	return	VERB
fbem-21416	7	66	to	to	ADP
fbem-21416	7	67	the	the	DET
fbem-21416	7	68	manufacturing	manufacturing	NOUN
fbem-21416	7	69	industry	industry	NOUN
fbem-21416	7	70	and	and	CCONJ
fbem-21416	7	71	the	the	DET
fbem-21416	7	72	necessity	necessity	NOUN
fbem-21416	7	73	of	of	ADP
fbem-21416	7	74	returning	return	VERB
fbem-21416	7	75	to	to	ADP
fbem-21416	7	76	the	the	DET
fbem-21416	7	77	industry	industry	NOUN
fbem-21416	7	78	as	as	ADP
fbem-21416	7	79	the	the	DET
fbem-21416	7	80	core	core	NOUN
fbem-21416	7	81	engine	engine	NOUN
fbem-21416	7	82	for	for	ADP
fbem-21416	7	83	promoting	promote	VERB
fbem-21416	7	84	the	the	DET
fbem-21416	7	85	longterm	longterm	ADJ
fbem-21416	7	86	and	and	CCONJ
fbem-21416	7	87	stable	stable	ADJ
fbem-21416	7	88	growth	growth	NOUN
fbem-21416	7	89	of	of	ADP
fbem-21416	7	90	china	china	PROPN
fbem-21416	7	91	's	's	PART
fbem-21416	7	92	economy	economy	NOUN
fbem-21416	7	93	in	in	ADP
fbem-21416	7	94	order	order	NOUN
fbem-21416	7	95	to	to	PART
fbem-21416	7	96	provide	provide	VERB
fbem-21416	7	97	a	a	DET
fbem-21416	7	98	reference	reference	NOUN
fbem-21416	7	99	path	path	NOUN
fbem-21416	7	100	for	for	ADP
fbem-21416	7	101	the	the	DET
fbem-21416	7	102	development	development	NOUN
fbem-21416	7	103	of	of	ADP
fbem-21416	7	104	other	other	ADJ
fbem-21416	7	105	financialized	financialize	VERB
fbem-21416	7	106	real	real	ADJ
fbem-21416	7	107	enterprises	enterprise	NOUN
fbem-21416	7	108	.	.	PUNCT
fbem-21416	8	1	it	it	PRON
fbem-21416	8	2	emphasizes	emphasize	VERB
fbem-21416	8	3	the	the	DET
fbem-21416	8	4	importance	importance	NOUN
fbem-21416	8	5	and	and	CCONJ
fbem-21416	8	6	necessity	necessity	NOUN
fbem-21416	8	7	of	of	ADP
fbem-21416	8	8	the	the	DET
fbem-21416	8	9	return	return	NOUN
fbem-21416	8	10	of	of	ADP
fbem-21416	8	11	the	the	DET
fbem-21416	8	12	manufacturing	manufacturing	NOUN
fbem-21416	8	13	industry	industry	NOUN
fbem-21416	8	14	as	as	ADP
fbem-21416	8	15	the	the	DET
fbem-21416	8	16	core	core	NOUN
fbem-21416	8	17	engine	engine	NOUN
fbem-21416	8	18	for	for	ADP
fbem-21416	8	19	promoting	promote	VERB
fbem-21416	8	20	the	the	DET
fbem-21416	8	21	long	long	ADJ
fbem-21416	8	22	-	-	PUNCT
fbem-21416	8	23	term	term	NOUN
fbem-21416	8	24	stable	stable	ADJ
fbem-21416	8	25	growth	growth	NOUN
fbem-21416	8	26	of	of	ADP
fbem-21416	8	27	china	china	PROPN
fbem-21416	8	28	's	's	PART
fbem-21416	8	29	economy	economy	NOUN
fbem-21416	8	30	,	,	PUNCT
fbem-21416	8	31	with	with	ADP
fbem-21416	8	32	a	a	DET
fbem-21416	8	33	view	view	NOUN
fbem-21416	8	34	to	to	ADP
fbem-21416	8	35	providing	provide	VERB
fbem-21416	8	36	a	a	DET
fbem-21416	8	37	reference	reference	NOUN
fbem-21416	8	38	path	path	NOUN
fbem-21416	8	39	for	for	ADP
fbem-21416	8	40	the	the	DET
fbem-21416	8	41	development	development	NOUN
fbem-21416	8	42	of	of	ADP
fbem-21416	8	43	other	other	ADJ
fbem-21416	8	44	financialized	financialize	VERB
fbem-21416	8	45	real	real	ADJ
fbem-21416	8	46	enterprises	enterprise	NOUN
fbem-21416	8	47	.	.	PUNCT
fbem-21416	9	1	keywords	keyword	NOUN
fbem-21416	9	2	:	:	PUNCT
fbem-21416	9	3	manufacturing	manufacturing	NOUN
fbem-21416	9	4	,	,	PUNCT
fbem-21416	9	5	financialization	financialization	NOUN
fbem-21416	9	6	,	,	PUNCT
fbem-21416	9	7	nonlinear	nonlinear	ADJ
fbem-21416	9	8	trajectories	trajectory	NOUN
fbem-21416	9	9	,	,	PUNCT
fbem-21416	9	10	crowding	crowd	VERB
fbem-21416	9	11	out	out	ADP
fbem-21416	9	12	effects	effect	NOUN
fbem-21416	9	13	.	.	PUNCT
fbem-21416	10	1	1	1	X
fbem-21416	10	2	.	.	X
fbem-21416	10	3	introduction	introduction	NOUN
fbem-21416	10	4	financialized	financialize	VERB
fbem-21416	10	5	capitalism	capitalism	NOUN
fbem-21416	10	6	,	,	PUNCT
fbem-21416	10	7	manifested	manifest	VERB
fbem-21416	10	8	in	in	ADP
fbem-21416	10	9	the	the	DET
fbem-21416	10	10	tendency	tendency	NOUN
fbem-21416	10	11	to	to	PART
fbem-21416	10	12	deviate	deviate	VERB
fbem-21416	10	13	from	from	ADP
fbem-21416	10	14	the	the	DET
fbem-21416	10	15	real	real	ADJ
fbem-21416	10	16	economy	economy	NOUN
fbem-21416	10	17	in	in	ADP
fbem-21416	10	18	favor	favor	NOUN
fbem-21416	10	19	of	of	ADP
fbem-21416	10	20	finance	finance	NOUN
fbem-21416	10	21	and	and	CCONJ
fbem-21416	10	22	its	its	PRON
fbem-21416	10	23	derivative	derivative	ADJ
fbem-21416	10	24	industries	industry	NOUN
fbem-21416	10	25	,	,	PUNCT
fbem-21416	10	26	has	have	AUX
fbem-21416	10	27	become	become	VERB
fbem-21416	10	28	a	a	DET
fbem-21416	10	29	prominent	prominent	ADJ
fbem-21416	10	30	feature	feature	NOUN
fbem-21416	10	31	of	of	ADP
fbem-21416	10	32	the	the	DET
fbem-21416	10	33	"	"	PUNCT
fbem-21416	10	34	deconcentration	deconcentration	NOUN
fbem-21416	10	35	"	"	PUNCT
fbem-21416	10	36	of	of	ADP
fbem-21416	10	37	enterprises	enterprise	NOUN
fbem-21416	10	38	.	.	PUNCT
fbem-21416	11	1	according	accord	VERB
fbem-21416	11	2	to	to	ADP
fbem-21416	11	3	data	datum	NOUN
fbem-21416	11	4	from	from	ADP
fbem-21416	11	5	the	the	DET
fbem-21416	11	6	national	national	PROPN
fbem-21416	11	7	bureau	bureau	PROPN
fbem-21416	11	8	of	of	ADP
fbem-21416	11	9	statistics	statistic	NOUN
fbem-21416	11	10	,	,	PUNCT
fbem-21416	11	11	the	the	DET
fbem-21416	11	12	contribution	contribution	NOUN
fbem-21416	11	13	rate	rate	NOUN
fbem-21416	11	14	of	of	ADP
fbem-21416	11	15	china	china	PROPN
fbem-21416	11	16	's	's	PART
fbem-21416	11	17	financial	financial	ADJ
fbem-21416	11	18	industry	industry	NOUN
fbem-21416	11	19	to	to	ADP
fbem-21416	11	20	the	the	DET
fbem-21416	11	21	gross	gross	ADJ
fbem-21416	11	22	domestic	domestic	ADJ
fbem-21416	11	23	product	product	NOUN
fbem-21416	11	24	(	(	PUNCT
fbem-21416	11	25	gdp	gdp	NOUN
fbem-21416	11	26	)	)	PUNCT
fbem-21416	11	27	has	have	AUX
fbem-21416	11	28	been	be	AUX
fbem-21416	11	29	increasing	increase	VERB
fbem-21416	11	30	year	year	NOUN
fbem-21416	11	31	by	by	ADP
fbem-21416	11	32	year	year	NOUN
fbem-21416	11	33	,	,	PUNCT
fbem-21416	11	34	reaching	reach	VERB
fbem-21416	11	35	8	8	NUM
fbem-21416	11	36	%	%	NOUN
fbem-21416	11	37	in	in	ADP
fbem-21416	11	38	2021	2021	NUM
fbem-21416	11	39	,	,	PUNCT
fbem-21416	11	40	while	while	SCONJ
fbem-21416	11	41	the	the	DET
fbem-21416	11	42	proportion	proportion	NOUN
fbem-21416	11	43	of	of	ADP
fbem-21416	11	44	the	the	DET
fbem-21416	11	45	relative	relative	ADJ
fbem-21416	11	46	industrial	industrial	ADJ
fbem-21416	11	47	added	add	VERB
fbem-21416	11	48	value	value	NOUN
fbem-21416	11	49	to	to	ADP
fbem-21416	11	50	the	the	DET
fbem-21416	11	51	gdp	gdp	NOUN
fbem-21416	11	52	has	have	AUX
fbem-21416	11	53	been	be	AUX
fbem-21416	11	54	on	on	ADP
fbem-21416	11	55	a	a	DET
fbem-21416	11	56	continuous	continuous	ADJ
fbem-21416	11	57	downward	downward	ADJ
fbem-21416	11	58	trend	trend	NOUN
fbem-21416	12	1	[	[	X
fbem-21416	12	2	1	1	NUM
fbem-21416	12	3	]	]	PUNCT
fbem-21416	12	4	.	.	PUNCT
fbem-21416	13	1	this	this	DET
fbem-21416	13	2	phenomenon	phenomenon	NOUN
fbem-21416	13	3	reflects	reflect	VERB
fbem-21416	13	4	the	the	DET
fbem-21416	13	5	structural	structural	ADJ
fbem-21416	13	6	imbalance	imbalance	NOUN
fbem-21416	13	7	in	in	ADP
fbem-21416	13	8	the	the	DET
fbem-21416	13	9	development	development	NOUN
fbem-21416	13	10	between	between	ADP
fbem-21416	13	11	the	the	DET
fbem-21416	13	12	real	real	ADJ
fbem-21416	13	13	economy	economy	NOUN
fbem-21416	13	14	and	and	CCONJ
fbem-21416	13	15	the	the	DET
fbem-21416	13	16	virtual	virtual	ADJ
fbem-21416	13	17	economy	economy	NOUN
fbem-21416	13	18	,	,	PUNCT
fbem-21416	13	19	as	as	ADV
fbem-21416	13	20	well	well	ADV
fbem-21416	13	21	as	as	ADP
fbem-21416	13	22	the	the	DET
fbem-21416	13	23	excessive	excessive	ADJ
fbem-21416	13	24	expansion	expansion	NOUN
fbem-21416	13	25	of	of	ADP
fbem-21416	13	26	the	the	DET
fbem-21416	13	27	virtual	virtual	ADJ
fbem-21416	13	28	economy	economy	NOUN
fbem-21416	13	29	.	.	PUNCT
fbem-21416	14	1	research	research	NOUN
fbem-21416	14	2	has	have	AUX
fbem-21416	14	3	shown	show	VERB
fbem-21416	14	4	that	that	SCONJ
fbem-21416	14	5	when	when	SCONJ
fbem-21416	14	6	the	the	DET
fbem-21416	14	7	financialization	financialization	NOUN
fbem-21416	14	8	of	of	ADP
fbem-21416	14	9	the	the	DET
fbem-21416	14	10	economy	economy	NOUN
fbem-21416	14	11	is	be	AUX
fbem-21416	14	12	kept	keep	VERB
fbem-21416	14	13	within	within	ADP
fbem-21416	14	14	a	a	DET
fbem-21416	14	15	reasonable	reasonable	ADJ
fbem-21416	14	16	threshold	threshold	NOUN
fbem-21416	14	17	,	,	PUNCT
fbem-21416	14	18	it	it	PRON
fbem-21416	14	19	can	can	AUX
fbem-21416	14	20	positively	positively	ADV
fbem-21416	14	21	promote	promote	VERB
fbem-21416	14	22	the	the	DET
fbem-21416	14	23	growth	growth	NOUN
fbem-21416	14	24	of	of	ADP
fbem-21416	14	25	the	the	DET
fbem-21416	14	26	real	real	ADJ
fbem-21416	14	27	economy	economy	NOUN
fbem-21416	14	28	,	,	PUNCT
fbem-21416	14	29	thus	thus	ADV
fbem-21416	14	30	maximizing	maximize	VERB
fbem-21416	14	31	the	the	DET
fbem-21416	14	32	growth	growth	NOUN
fbem-21416	14	33	effect	effect	NOUN
fbem-21416	14	34	.	.	PUNCT
fbem-21416	15	1	financialization	financialization	NOUN
fbem-21416	15	2	can	can	AUX
fbem-21416	15	3	be	be	AUX
fbem-21416	15	4	used	use	VERB
fbem-21416	15	5	as	as	ADP
fbem-21416	15	6	a	a	DET
fbem-21416	15	7	tool	tool	NOUN
fbem-21416	15	8	to	to	PART
fbem-21416	15	9	improve	improve	VERB
fbem-21416	15	10	the	the	DET
fbem-21416	15	11	shortterm	shortterm	NOUN
fbem-21416	15	12	performance	performance	NOUN
fbem-21416	15	13	of	of	ADP
fbem-21416	15	14	firms	firm	NOUN
fbem-21416	15	15	.	.	PUNCT
fbem-21416	16	1	chengshi	chengshi	PROPN
fbem-21416	16	2	zhang	zhang	PROPN
fbem-21416	16	3	and	and	CCONJ
fbem-21416	16	4	ning	ning	PROPN
fbem-21416	16	5	zheng	zheng	PROPN
fbem-21416	16	6	(	(	PUNCT
fbem-21416	16	7	2020)[2	2020)[2	NUM
fbem-21416	16	8	]	]	PUNCT
fbem-21416	16	9	have	have	AUX
fbem-21416	16	10	already	already	ADV
fbem-21416	16	11	suggested	suggest	VERB
fbem-21416	16	12	that	that	SCONJ
fbem-21416	16	13	due	due	ADP
fbem-21416	16	14	to	to	ADP
fbem-21416	16	15	the	the	DET
fbem-21416	16	16	high	high	ADJ
fbem-21416	16	17	liquidity	liquidity	NOUN
fbem-21416	16	18	of	of	ADP
fbem-21416	16	19	financial	financial	ADJ
fbem-21416	16	20	assets	asset	NOUN
fbem-21416	16	21	and	and	CCONJ
fbem-21416	16	22	the	the	DET
fbem-21416	16	23	short	short	ADJ
fbem-21416	16	24	return	return	NOUN
fbem-21416	16	25	period	period	NOUN
fbem-21416	16	26	of	of	ADP
fbem-21416	16	27	investment	investment	NOUN
fbem-21416	16	28	,	,	PUNCT
fbem-21416	16	29	in	in	ADP
fbem-21416	16	30	the	the	DET
fbem-21416	16	31	new	new	ADJ
fbem-21416	16	32	normal	normal	ADJ
fbem-21416	16	33	stage	stage	NOUN
fbem-21416	16	34	of	of	ADP
fbem-21416	16	35	the	the	DET
fbem-21416	16	36	sustained	sustained	ADJ
fbem-21416	16	37	downturn	downturn	NOUN
fbem-21416	16	38	of	of	ADP
fbem-21416	16	39	the	the	DET
fbem-21416	16	40	real	real	ADJ
fbem-21416	16	41	economy	economy	NOUN
fbem-21416	16	42	,	,	PUNCT
fbem-21416	16	43	the	the	DET
fbem-21416	16	44	increased	increase	VERB
fbem-21416	16	45	uncertainty	uncertainty	NOUN
fbem-21416	16	46	of	of	ADP
fbem-21416	16	47	the	the	DET
fbem-21416	16	48	future	future	ADJ
fbem-21416	16	49	macroeconomy	macroeconomy	NOUN
fbem-21416	16	50	,	,	PUNCT
fbem-21416	16	51	the	the	DET
fbem-21416	16	52	intensification	intensification	NOUN
fbem-21416	16	53	of	of	ADP
fbem-21416	16	54	the	the	DET
fbem-21416	16	55	risk	risk	NOUN
fbem-21416	16	56	of	of	ADP
fbem-21416	16	57	fixed	fix	VERB
fbem-21416	16	58	assets	asset	NOUN
fbem-21416	16	59	and	and	CCONJ
fbem-21416	16	60	industrial	industrial	ADJ
fbem-21416	16	61	investment	investment	NOUN
fbem-21416	16	62	,	,	PUNCT
fbem-21416	16	63	and	and	CCONJ
fbem-21416	16	64	the	the	DET
fbem-21416	16	65	upward	upward	ADJ
fbem-21416	16	66	trend	trend	NOUN
fbem-21416	16	67	of	of	ADP
fbem-21416	16	68	the	the	DET
fbem-21416	16	69	potential	potential	ADJ
fbem-21416	16	70	return	return	NOUN
fbem-21416	16	71	of	of	ADP
fbem-21416	16	72	financial	financial	ADJ
fbem-21416	16	73	investment	investment	NOUN
fbem-21416	16	74	,	,	PUNCT
fbem-21416	16	75	the	the	DET
fbem-21416	16	76	increase	increase	NOUN
fbem-21416	16	77	in	in	ADP
fbem-21416	16	78	the	the	DET
fbem-21416	16	79	holdings	holding	NOUN
fbem-21416	16	80	of	of	ADP
fbem-21416	16	81	financial	financial	ADJ
fbem-21416	16	82	assets	asset	NOUN
fbem-21416	16	83	can	can	AUX
fbem-21416	16	84	reduce	reduce	VERB
fbem-21416	16	85	the	the	DET
fbem-21416	16	86	possible	possible	ADJ
fbem-21416	16	87	loss	loss	NOUN
fbem-21416	16	88	of	of	ADP
fbem-21416	16	89	industrial	industrial	ADJ
fbem-21416	16	90	investment	investment	NOUN
fbem-21416	16	91	,	,	PUNCT
fbem-21416	16	92	and	and	CCONJ
fbem-21416	16	93	improve	improve	VERB
fbem-21416	16	94	and	and	CCONJ
fbem-21416	16	95	improve	improve	VERB
fbem-21416	16	96	the	the	DET
fbem-21416	16	97	short	short	ADJ
fbem-21416	16	98	-	-	PUNCT
fbem-21416	16	99	term	term	NOUN
fbem-21416	16	100	profitability	profitability	NOUN
fbem-21416	16	101	of	of	ADP
fbem-21416	16	102	the	the	DET
fbem-21416	16	103	enterprise	enterprise	NOUN
fbem-21416	16	104	and	and	CCONJ
fbem-21416	16	105	the	the	DET
fbem-21416	16	106	financial	financial	ADJ
fbem-21416	16	107	position	position	NOUN
fbem-21416	16	108	.	.	PUNCT
fbem-21416	17	1	in	in	ADP
fbem-21416	17	2	terms	term	NOUN
fbem-21416	17	3	of	of	ADP
fbem-21416	17	4	financialization	financialization	NOUN
fbem-21416	17	5	hindering	hinder	VERB
fbem-21416	17	6	the	the	DET
fbem-21416	17	7	long	long	ADJ
fbem-21416	17	8	-	-	PUNCT
fbem-21416	17	9	term	term	NOUN
fbem-21416	17	10	performance	performance	NOUN
fbem-21416	17	11	improvement	improvement	NOUN
fbem-21416	17	12	of	of	ADP
fbem-21416	17	13	enterprises	enterprise	NOUN
fbem-21416	17	14	,	,	PUNCT
fbem-21416	17	15	du	du	PROPN
fbem-21416	17	16	yong	yong	PROPN
fbem-21416	17	17	(	(	PUNCT
fbem-21416	17	18	2017	2017	NUM
fbem-21416	17	19	)	)	PUNCT
fbem-21416	17	20	argues	argue	VERB
fbem-21416	17	21	that	that	SCONJ
fbem-21416	17	22	due	due	ADP
fbem-21416	17	23	to	to	ADP
fbem-21416	17	24	limited	limited	ADJ
fbem-21416	17	25	resource	resource	NOUN
fbem-21416	17	26	conditions	condition	NOUN
fbem-21416	17	27	,	,	PUNCT
fbem-21416	17	28	the	the	DET
fbem-21416	17	29	increasing	increase	VERB
fbem-21416	17	30	financial	financial	ADJ
fbem-21416	17	31	investment	investment	NOUN
fbem-21416	17	32	of	of	ADP
fbem-21416	17	33	enterprises	enterprise	NOUN
fbem-21416	17	34	will	will	AUX
fbem-21416	17	35	inevitably	inevitably	ADV
fbem-21416	17	36	crowd	crowd	VERB
fbem-21416	17	37	out	out	ADP
fbem-21416	17	38	fixed	fix	VERB
fbem-21416	17	39	investment	investment	NOUN
fbem-21416	17	40	and	and	CCONJ
fbem-21416	17	41	innovation	innovation	NOUN
fbem-21416	17	42	inputs	input	NOUN
fbem-21416	17	43	,	,	PUNCT
fbem-21416	17	44	leading	lead	VERB
fbem-21416	17	45	to	to	ADP
fbem-21416	17	46	a	a	DET
fbem-21416	17	47	decline	decline	NOUN
fbem-21416	17	48	in	in	ADP
fbem-21416	17	49	industrial	industrial	ADJ
fbem-21416	17	50	investment	investment	NOUN
fbem-21416	17	51	and	and	CCONJ
fbem-21416	17	52	lower	low	ADJ
fbem-21416	17	53	profitability	profitability	NOUN
fbem-21416	17	54	in	in	ADP
fbem-21416	17	55	the	the	DET
fbem-21416	17	56	future	future	NOUN
fbem-21416	18	1	[	[	X
fbem-21416	18	2	3].song	3].song	NUM
fbem-21416	18	3	jun	jun	PROPN
fbem-21416	18	4	and	and	CCONJ
fbem-21416	18	5	lu	lu	PROPN
fbem-21416	18	6	yang	yang	PROPN
fbem-21416	18	7	(	(	PUNCT
fbem-21416	18	8	2015	2015	NUM
fbem-21416	18	9	)	)	PUNCT
fbem-21416	18	10	also	also	ADV
fbem-21416	18	11	proposed	propose	VERB
fbem-21416	18	12	that	that	SCONJ
fbem-21416	18	13	in	in	ADP
fbem-21416	18	14	the	the	DET
fbem-21416	18	15	new	new	ADJ
fbem-21416	18	16	normal	normal	ADJ
fbem-21416	18	17	stage	stage	NOUN
fbem-21416	18	18	of	of	ADP
fbem-21416	18	19	intensifying	intensify	VERB
fbem-21416	18	20	external	external	ADJ
fbem-21416	18	21	shocks	shock	NOUN
fbem-21416	18	22	and	and	CCONJ
fbem-21416	18	23	diminishing	diminish	VERB
fbem-21416	18	24	low	low	ADJ
fbem-21416	18	25	-	-	PUNCT
fbem-21416	18	26	cost	cost	NOUN
fbem-21416	18	27	competitive	competitive	ADJ
fbem-21416	18	28	advantages	advantage	NOUN
fbem-21416	18	29	accumulated	accumulate	VERB
fbem-21416	18	30	by	by	ADP
fbem-21416	18	31	long	long	ADJ
fbem-21416	18	32	-	-	PUNCT
fbem-21416	18	33	term	term	NOUN
fbem-21416	18	34	sloppy	sloppy	ADJ
fbem-21416	18	35	growth	growth	NOUN
fbem-21416	18	36	,	,	PUNCT
fbem-21416	18	37	when	when	SCONJ
fbem-21416	18	38	the	the	DET
fbem-21416	18	39	investment	investment	NOUN
fbem-21416	18	40	return	return	NOUN
fbem-21416	18	41	on	on	ADP
fbem-21416	18	42	financial	financial	ADJ
fbem-21416	18	43	assets	asset	NOUN
fbem-21416	18	44	gradually	gradually	ADV
fbem-21416	18	45	exceeds	exceed	VERB
fbem-21416	18	46	the	the	DET
fbem-21416	18	47	return	return	NOUN
fbem-21416	18	48	on	on	ADP
fbem-21416	18	49	industrial	industrial	ADJ
fbem-21416	18	50	investment	investment	NOUN
fbem-21416	18	51	,	,	PUNCT
fbem-21416	18	52	overinvestment	overinvestment	ADJ
fbem-21416	18	53	in	in	ADP
fbem-21416	18	54	financial	financial	ADJ
fbem-21416	18	55	assets	asset	NOUN
fbem-21416	18	56	will	will	AUX
fbem-21416	18	57	increase	increase	VERB
fbem-21416	18	58	the	the	DET
fbem-21416	18	59	cost	cost	NOUN
fbem-21416	18	60	of	of	ADP
fbem-21416	18	61	financing	financing	NOUN
fbem-21416	18	62	and	and	CCONJ
fbem-21416	18	63	debt	debt	NOUN
fbem-21416	18	64	burden	burden	NOUN
fbem-21416	18	65	of	of	ADP
fbem-21416	18	66	the	the	DET
fbem-21416	18	67	enterprise	enterprise	NOUN
fbem-21416	18	68	,	,	PUNCT
fbem-21416	18	69	and	and	CCONJ
fbem-21416	18	70	116	116	NUM
fbem-21416	18	71	further	far	ADV
fbem-21416	18	72	exacerbate	exacerbate	VERB
fbem-21416	18	73	the	the	DET
fbem-21416	18	74	hollowing	hollowing	NOUN
fbem-21416	18	75	out	out	ADP
fbem-21416	18	76	of	of	ADP
fbem-21416	18	77	the	the	DET
fbem-21416	18	78	enterprise	enterprise	NOUN
fbem-21416	18	79	's	's	PART
fbem-21416	18	80	operations	operation	NOUN
fbem-21416	19	1	[	[	X
fbem-21416	19	2	4	4	NUM
fbem-21416	19	3	]	]	PUNCT
fbem-21416	19	4	.	.	PUNCT
fbem-21416	20	1	practice	practice	NOUN
fbem-21416	20	2	shows	show	VERB
fbem-21416	20	3	that	that	SCONJ
fbem-21416	20	4	the	the	DET
fbem-21416	20	5	development	development	NOUN
fbem-21416	20	6	trajectory	trajectory	NOUN
fbem-21416	20	7	of	of	ADP
fbem-21416	20	8	enterprise	enterprise	NOUN
fbem-21416	20	9	financialization	financialization	NOUN
fbem-21416	20	10	is	be	AUX
fbem-21416	20	11	non	non	ADJ
fbem-21416	20	12	-	-	ADJ
fbem-21416	20	13	linear	linear	ADJ
fbem-21416	20	14	,	,	PUNCT
fbem-21416	20	15	and	and	CCONJ
fbem-21416	20	16	the	the	DET
fbem-21416	20	17	impact	impact	NOUN
fbem-21416	20	18	of	of	ADP
fbem-21416	20	19	financialization	financialization	NOUN
fbem-21416	20	20	on	on	ADP
fbem-21416	20	21	enterprise	enterprise	NOUN
fbem-21416	20	22	performance	performance	NOUN
fbem-21416	20	23	is	be	AUX
fbem-21416	20	24	not	not	PART
fbem-21416	20	25	a	a	DET
fbem-21416	20	26	single	single	ADJ
fbem-21416	20	27	linear	linear	NOUN
fbem-21416	20	28	promotion	promotion	NOUN
fbem-21416	20	29	or	or	CCONJ
fbem-21416	20	30	hindrance	hindrance	NOUN
fbem-21416	20	31	.	.	PUNCT
fbem-21416	21	1	therefore	therefore	ADV
fbem-21416	21	2	,	,	PUNCT
fbem-21416	21	3	it	it	PRON
fbem-21416	21	4	is	be	AUX
fbem-21416	21	5	of	of	ADP
fbem-21416	21	6	great	great	ADJ
fbem-21416	21	7	significance	significance	NOUN
fbem-21416	21	8	to	to	PART
fbem-21416	21	9	identify	identify	VERB
fbem-21416	21	10	the	the	DET
fbem-21416	21	11	internal	internal	ADJ
fbem-21416	21	12	logic	logic	NOUN
fbem-21416	21	13	of	of	ADP
fbem-21416	21	14	enterprises	enterprise	NOUN
fbem-21416	21	15	'	'	PART
fbem-21416	21	16	reliance	reliance	NOUN
fbem-21416	21	17	on	on	ADP
fbem-21416	21	18	the	the	DET
fbem-21416	21	19	path	path	NOUN
fbem-21416	21	20	of	of	ADP
fbem-21416	21	21	financialization	financialization	NOUN
fbem-21416	21	22	,	,	PUNCT
fbem-21416	21	23	analyze	analyze	VERB
fbem-21416	21	24	the	the	DET
fbem-21416	21	25	nonlinear	nonlinear	ADJ
fbem-21416	21	26	process	process	NOUN
fbem-21416	21	27	of	of	ADP
fbem-21416	21	28	enterprise	enterprise	NOUN
fbem-21416	21	29	financialization	financialization	NOUN
fbem-21416	21	30	into	into	ADP
fbem-21416	21	31	different	different	ADJ
fbem-21416	21	32	stages	stage	NOUN
fbem-21416	21	33	according	accord	VERB
fbem-21416	21	34	to	to	ADP
fbem-21416	21	35	its	its	PRON
fbem-21416	21	36	characteristics	characteristic	NOUN
fbem-21416	21	37	,	,	PUNCT
fbem-21416	21	38	and	and	CCONJ
fbem-21416	21	39	discuss	discuss	VERB
fbem-21416	21	40	the	the	DET
fbem-21416	21	41	nonlinear	nonlinear	ADJ
fbem-21416	21	42	impact	impact	NOUN
fbem-21416	21	43	of	of	ADP
fbem-21416	21	44	financialization	financialization	NOUN
fbem-21416	21	45	on	on	ADP
fbem-21416	21	46	performance	performance	NOUN
fbem-21416	21	47	when	when	SCONJ
fbem-21416	21	48	external	external	ADJ
fbem-21416	21	49	and	and	CCONJ
fbem-21416	21	50	internal	internal	ADJ
fbem-21416	21	51	conditions	condition	NOUN
fbem-21416	21	52	are	be	AUX
fbem-21416	21	53	different	different	ADJ
fbem-21416	21	54	.	.	PUNCT
fbem-21416	22	1	2	2	X
fbem-21416	22	2	.	.	X
fbem-21416	22	3	huamao	huamao	PROPN
fbem-21416	22	4	stock	stock	NOUN
fbem-21416	22	5	case	case	NOUN
fbem-21416	22	6	study	study	VERB
fbem-21416	22	7	2.1	2.1	NUM
fbem-21416	22	8	.	.	PUNCT
fbem-21416	23	1	section	section	NOUN
fbem-21416	23	2	headings	heading	NOUN
fbem-21416	23	3	2.1.1	2.1.1	NUM
fbem-21416	23	4	.	.	PUNCT
fbem-21416	23	5	brief	brief	ADJ
fbem-21416	23	6	introduction	introduction	NOUN
fbem-21416	23	7	of	of	ADP
fbem-21416	23	8	the	the	DET
fbem-21416	23	9	case	case	NOUN
fbem-21416	23	10	enterprise	enterprise	NOUN
fbem-21416	23	11	huamao	huamao	NOUN
fbem-21416	23	12	stock	stock	NOUN
fbem-21416	23	13	is	be	AUX
fbem-21416	23	14	a	a	DET
fbem-21416	23	15	mixed	mixed	ADJ
fbem-21416	23	16	ownership	ownership	NOUN
fbem-21416	23	17	enterprise	enterprise	NOUN
fbem-21416	23	18	founded	found	VERB
fbem-21416	23	19	in	in	ADP
fbem-21416	23	20	1958	1958	NUM
fbem-21416	23	21	with	with	ADP
fbem-21416	23	22	spinning	spinning	NOUN
fbem-21416	23	23	,	,	PUNCT
fbem-21416	23	24	weaving	weaving	NOUN
fbem-21416	23	25	,	,	PUNCT
fbem-21416	23	26	fabrics	fabric	NOUN
fbem-21416	23	27	and	and	CCONJ
fbem-21416	23	28	non	non	ADJ
fbem-21416	23	29	-	-	ADJ
fbem-21416	23	30	woven	woven	ADJ
fbem-21416	23	31	industries	industry	NOUN
fbem-21416	23	32	,	,	PUNCT
fbem-21416	23	33	and	and	CCONJ
fbem-21416	23	34	its	its	PRON
fbem-21416	23	35	products	product	NOUN
fbem-21416	23	36	are	be	AUX
fbem-21416	23	37	exported	export	VERB
fbem-21416	23	38	to	to	ADP
fbem-21416	23	39	domestic	domestic	ADJ
fbem-21416	23	40	and	and	CCONJ
fbem-21416	23	41	international	international	ADJ
fbem-21416	23	42	markets.in	markets.in	PROPN
fbem-21416	23	43	1998	1998	NUM
fbem-21416	23	44	,	,	PUNCT
fbem-21416	23	45	huamao	huamao	PROPN
fbem-21416	23	46	was	be	AUX
fbem-21416	23	47	listed	list	VERB
fbem-21416	23	48	on	on	ADP
fbem-21416	23	49	the	the	DET
fbem-21416	23	50	shenzhen	shenzhen	PROPN
fbem-21416	23	51	stock	stock	PROPN
fbem-21416	23	52	exchange	exchange	PROPN
fbem-21416	23	53	.	.	PUNCT
fbem-21416	24	1	the	the	DET
fbem-21416	24	2	company	company	NOUN
fbem-21416	24	3	takes	take	VERB
fbem-21416	24	4	textile	textile	NOUN
fbem-21416	24	5	industry	industry	NOUN
fbem-21416	24	6	as	as	ADP
fbem-21416	24	7	its	its	PRON
fbem-21416	24	8	main	main	ADJ
fbem-21416	24	9	business	business	NOUN
fbem-21416	24	10	,	,	PUNCT
fbem-21416	24	11	and	and	CCONJ
fbem-21416	24	12	yarn	yarn	NOUN
fbem-21416	24	13	,	,	PUNCT
fbem-21416	24	14	thread	thread	NOUN
fbem-21416	24	15	and	and	CCONJ
fbem-21416	24	16	cloth	cloth	NOUN
fbem-21416	24	17	are	be	AUX
fbem-21416	24	18	the	the	DET
fbem-21416	24	19	main	main	ADJ
fbem-21416	24	20	businesses	business	NOUN
fbem-21416	24	21	,	,	PUNCT
fbem-21416	24	22	etc	etc	X
fbem-21416	24	23	.	.	X
fbem-21416	25	1	at	at	ADP
fbem-21416	25	2	the	the	DET
fbem-21416	25	3	same	same	ADJ
fbem-21416	25	4	time	time	NOUN
fbem-21416	25	5	,	,	PUNCT
fbem-21416	25	6	it	it	PRON
fbem-21416	25	7	focuses	focus	VERB
fbem-21416	25	8	on	on	ADP
fbem-21416	25	9	the	the	DET
fbem-21416	25	10	integration	integration	NOUN
fbem-21416	25	11	strategy	strategy	NOUN
fbem-21416	25	12	and	and	CCONJ
fbem-21416	25	13	explores	explore	VERB
fbem-21416	25	14	the	the	DET
fbem-21416	25	15	upstream	upstream	ADJ
fbem-21416	25	16	and	and	CCONJ
fbem-21416	25	17	downstream	downstream	ADJ
fbem-21416	25	18	industries	industry	NOUN
fbem-21416	25	19	in	in	ADP
fbem-21416	25	20	depth	depth	NOUN
fbem-21416	25	21	,	,	PUNCT
fbem-21416	25	22	and	and	CCONJ
fbem-21416	25	23	has	have	AUX
fbem-21416	25	24	been	be	AUX
fbem-21416	25	25	gradually	gradually	ADV
fbem-21416	25	26	developing	develop	VERB
fbem-21416	25	27	a	a	DET
fbem-21416	25	28	complete	complete	ADJ
fbem-21416	25	29	industrial	industrial	ADJ
fbem-21416	25	30	chain	chain	NOUN
fbem-21416	25	31	from	from	ADP
fbem-21416	25	32	cotton	cotton	NOUN
fbem-21416	25	33	to	to	ADP
fbem-21416	25	34	textile	textile	NOUN
fbem-21416	25	35	and	and	CCONJ
fbem-21416	25	36	then	then	ADV
fbem-21416	25	37	to	to	ADP
fbem-21416	25	38	garment	garment	NOUN
fbem-21416	25	39	sales	sale	NOUN
fbem-21416	25	40	since	since	SCONJ
fbem-21416	25	41	2013	2013	NUM
fbem-21416	25	42	.	.	PUNCT
fbem-21416	26	1	the	the	DET
fbem-21416	26	2	company	company	NOUN
fbem-21416	26	3	got	get	AUX
fbem-21416	26	4	involved	involve	VERB
fbem-21416	26	5	in	in	ADP
fbem-21416	26	6	the	the	DET
fbem-21416	26	7	financial	financial	ADJ
fbem-21416	26	8	field	field	NOUN
fbem-21416	26	9	soon	soon	ADV
fbem-21416	26	10	after	after	ADP
fbem-21416	26	11	listing	list	VERB
fbem-21416	26	12	,	,	PUNCT
fbem-21416	26	13	and	and	CCONJ
fbem-21416	26	14	with	with	ADP
fbem-21416	26	15	the	the	DET
fbem-21416	26	16	development	development	NOUN
fbem-21416	26	17	of	of	ADP
fbem-21416	26	18	the	the	DET
fbem-21416	26	19	company	company	NOUN
fbem-21416	26	20	,	,	PUNCT
fbem-21416	26	21	the	the	DET
fbem-21416	26	22	amount	amount	NOUN
fbem-21416	26	23	of	of	ADP
fbem-21416	26	24	its	its	PRON
fbem-21416	26	25	financial	financial	ADJ
fbem-21416	26	26	investment	investment	NOUN
fbem-21416	26	27	is	be	AUX
fbem-21416	26	28	also	also	ADV
fbem-21416	26	29	increasing	increase	VERB
fbem-21416	26	30	,	,	PUNCT
fbem-21416	26	31	and	and	CCONJ
fbem-21416	26	32	the	the	DET
fbem-21416	26	33	degree	degree	NOUN
fbem-21416	26	34	of	of	ADP
fbem-21416	26	35	financialization	financialization	NOUN
fbem-21416	26	36	is	be	AUX
fbem-21416	26	37	increasing	increase	VERB
fbem-21416	26	38	,	,	PUNCT
fbem-21416	26	39	financial	financial	ADJ
fbem-21416	26	40	assets	asset	NOUN
fbem-21416	26	41	from	from	ADP
fbem-21416	26	42	the	the	DET
fbem-21416	26	43	beginning	beginning	NOUN
fbem-21416	26	44	of	of	ADP
fbem-21416	26	45	220	220	NUM
fbem-21416	26	46	million	million	NUM
fbem-21416	26	47	yuan	yuan	NOUN
fbem-21416	26	48	,	,	PUNCT
fbem-21416	26	49	to	to	ADP
fbem-21416	26	50	the	the	DET
fbem-21416	26	51	highest	high	ADJ
fbem-21416	26	52	degree	degree	NOUN
fbem-21416	26	53	of	of	ADP
fbem-21416	26	54	financialization	financialization	NOUN
fbem-21416	26	55	in	in	ADP
fbem-21416	26	56	2015	2015	NUM
fbem-21416	26	57	reached	reach	VERB
fbem-21416	26	58	8.572	8.572	NUM
fbem-21416	26	59	billion	billion	NUM
fbem-21416	26	60	yuan	yuan	NOUN
fbem-21416	26	61	,	,	PUNCT
fbem-21416	26	62	accounting	account	VERB
fbem-21416	26	63	for	for	ADP
fbem-21416	26	64	as	as	ADV
fbem-21416	26	65	much	much	ADJ
fbem-21416	26	66	as	as	ADP
fbem-21416	26	67	57.81	57.81	NUM
fbem-21416	26	68	%	%	NOUN
fbem-21416	26	69	of	of	ADP
fbem-21416	26	70	the	the	DET
fbem-21416	26	71	proportion	proportion	NOUN
fbem-21416	26	72	of	of	ADP
fbem-21416	26	73	total	total	ADJ
fbem-21416	26	74	assets	asset	NOUN
fbem-21416	26	75	.	.	PUNCT
fbem-21416	27	1	facing	face	VERB
fbem-21416	27	2	the	the	DET
fbem-21416	27	3	"	"	PUNCT
fbem-21416	27	4	14th	14th	ADJ
fbem-21416	27	5	five	five	NUM
fbem-21416	27	6	-	-	PUNCT
fbem-21416	27	7	year	year	NOUN
fbem-21416	27	8	plan	plan	NOUN
fbem-21416	27	9	"	"	PUNCT
fbem-21416	27	10	,	,	PUNCT
fbem-21416	27	11	under	under	ADP
fbem-21416	27	12	the	the	DET
fbem-21416	27	13	new	new	ADJ
fbem-21416	27	14	development	development	NOUN
fbem-21416	27	15	pattern	pattern	NOUN
fbem-21416	27	16	,	,	PUNCT
fbem-21416	27	17	huamao	huamao	PROPN
fbem-21416	27	18	said	say	VERB
fbem-21416	27	19	it	it	PRON
fbem-21416	27	20	will	will	AUX
fbem-21416	27	21	unswervingly	unswervingly	ADV
fbem-21416	27	22	take	take	VERB
fbem-21416	27	23	the	the	DET
fbem-21416	27	24	road	road	NOUN
fbem-21416	27	25	of	of	ADP
fbem-21416	27	26	high	high	ADJ
fbem-21416	27	27	-	-	PUNCT
fbem-21416	27	28	quality	quality	NOUN
fbem-21416	27	29	development	development	NOUN
fbem-21416	27	30	.	.	PUNCT
fbem-21416	28	1	2.2	2.2	NUM
fbem-21416	28	2	.	.	PUNCT
fbem-21416	29	1	analysis	analysis	NOUN
fbem-21416	29	2	of	of	ADP
fbem-21416	29	3	financialization	financialization	NOUN
fbem-21416	29	4	dynamics	dynamic	NOUN
fbem-21416	29	5	of	of	ADP
fbem-21416	29	6	huamao	huamao	PROPN
fbem-21416	29	7	shares	share	NOUN
fbem-21416	29	8	2.2.1	2.2.1	NUM
fbem-21416	29	9	.	.	PUNCT
fbem-21416	29	10	dynamic	dynamic	ADJ
fbem-21416	29	11	strategy	strategy	NOUN
fbem-21416	29	12	adopted	adopt	VERB
fbem-21416	29	13	to	to	PART
fbem-21416	29	14	cope	cope	VERB
fbem-21416	29	15	with	with	ADP
fbem-21416	29	16	the	the	DET
fbem-21416	29	17	new	new	ADJ
fbem-21416	29	18	situation	situation	NOUN
fbem-21416	29	19	of	of	ADP
fbem-21416	29	20	global	global	ADJ
fbem-21416	29	21	pattern	pattern	NOUN
fbem-21416	29	22	after	after	ADP
fbem-21416	29	23	the	the	DET
fbem-21416	29	24	international	international	ADJ
fbem-21416	29	25	financial	financial	ADJ
fbem-21416	29	26	crisis	crisis	NOUN
fbem-21416	29	27	,	,	PUNCT
fbem-21416	29	28	the	the	DET
fbem-21416	29	29	world	world	NOUN
fbem-21416	29	30	economic	economic	ADJ
fbem-21416	29	31	structure	structure	NOUN
fbem-21416	29	32	has	have	AUX
fbem-21416	29	33	been	be	AUX
fbem-21416	29	34	profoundly	profoundly	ADV
fbem-21416	29	35	adjusted	adjust	VERB
fbem-21416	29	36	,	,	PUNCT
fbem-21416	29	37	and	and	CCONJ
fbem-21416	29	38	the	the	DET
fbem-21416	29	39	international	international	ADJ
fbem-21416	29	40	competition	competition	NOUN
fbem-21416	29	41	in	in	ADP
fbem-21416	29	42	the	the	DET
fbem-21416	29	43	manufacturing	manufacturing	NOUN
fbem-21416	29	44	industry	industry	NOUN
fbem-21416	29	45	has	have	AUX
fbem-21416	29	46	become	become	VERB
fbem-21416	29	47	increasingly	increasingly	ADV
fbem-21416	29	48	fierce	fierce	ADJ
fbem-21416	29	49	,	,	PUNCT
fbem-21416	29	50	setting	set	VERB
fbem-21416	29	51	off	off	ADP
fbem-21416	29	52	a	a	DET
fbem-21416	29	53	new	new	ADJ
fbem-21416	29	54	round	round	NOUN
fbem-21416	29	55	of	of	ADP
fbem-21416	29	56	competition	competition	NOUN
fbem-21416	29	57	for	for	ADP
fbem-21416	29	58	the	the	DET
fbem-21416	29	59	manufacturing	manufacturing	NOUN
fbem-21416	29	60	industry	industry	NOUN
fbem-21416	29	61	around	around	ADP
fbem-21416	29	62	the	the	DET
fbem-21416	29	63	world	world	NOUN
fbem-21416	29	64	.	.	PUNCT
fbem-21416	30	1	developed	develop	VERB
fbem-21416	30	2	countries	country	NOUN
fbem-21416	30	3	through	through	ADP
fbem-21416	30	4	the	the	DET
fbem-21416	30	5	implementation	implementation	NOUN
fbem-21416	30	6	of	of	ADP
fbem-21416	30	7	"	"	PUNCT
fbem-21416	30	8	reindustrialization	reindustrialization	PROPN
fbem-21416	30	9	"	"	PUNCT
fbem-21416	30	10	strategy	strategy	NOUN
fbem-21416	30	11	reflects	reflect	VERB
fbem-21416	30	12	a	a	DET
fbem-21416	30	13	strong	strong	ADJ
fbem-21416	30	14	willingness	willingness	NOUN
fbem-21416	30	15	to	to	PART
fbem-21416	30	16	localize	localize	VERB
fbem-21416	30	17	the	the	DET
fbem-21416	30	18	industrial	industrial	ADJ
fbem-21416	30	19	chain	chain	NOUN
fbem-21416	30	20	,	,	PUNCT
fbem-21416	30	21	such	such	ADJ
fbem-21416	30	22	as	as	ADP
fbem-21416	30	23	the	the	DET
fbem-21416	30	24	united	united	PROPN
fbem-21416	30	25	states	states	PROPN
fbem-21416	30	26	of	of	ADP
fbem-21416	30	27	america	america	PROPN
fbem-21416	30	28	's	's	PART
fbem-21416	30	29	"	"	PUNCT
fbem-21416	30	30	advanced	advanced	ADJ
fbem-21416	30	31	manufacturing	manufacturing	NOUN
fbem-21416	30	32	"	"	PUNCT
fbem-21416	30	33	strategy	strategy	NOUN
fbem-21416	30	34	,	,	PUNCT
fbem-21416	30	35	germany	germany	PROPN
fbem-21416	30	36	's	's	PART
fbem-21416	30	37	"	"	PUNCT
fbem-21416	30	38	national	national	ADJ
fbem-21416	30	39	industrial	industrial	ADJ
fbem-21416	30	40	strategy	strategy	NOUN
fbem-21416	30	41	2030	2030	NUM
fbem-21416	30	42	"	"	PUNCT
fbem-21416	30	43	and	and	CCONJ
fbem-21416	30	44	so	so	ADV
fbem-21416	30	45	on	on	ADV
fbem-21416	30	46	.	.	PUNCT
fbem-21416	31	1	"	"	PUNCT
fbem-21416	31	2	in	in	ADP
fbem-21416	31	3	addition	addition	NOUN
fbem-21416	31	4	,	,	PUNCT
fbem-21416	31	5	major	major	ADJ
fbem-21416	31	6	emerging	emerge	VERB
fbem-21416	31	7	economies	economy	NOUN
fbem-21416	31	8	are	be	AUX
fbem-21416	31	9	also	also	ADV
fbem-21416	31	10	utilizing	utilize	VERB
fbem-21416	31	11	their	their	PRON
fbem-21416	31	12	own	own	ADJ
fbem-21416	31	13	advantages	advantage	NOUN
fbem-21416	31	14	to	to	PART
fbem-21416	31	15	accelerate	accelerate	VERB
fbem-21416	31	16	the	the	DET
fbem-21416	31	17	layout.with	layout.with	PROPN
fbem-21416	31	18	the	the	DET
fbem-21416	31	19	demographic	demographic	ADJ
fbem-21416	31	20	changes	change	NOUN
fbem-21416	31	21	in	in	ADP
fbem-21416	31	22	china	china	PROPN
fbem-21416	31	23	,	,	PUNCT
fbem-21416	31	24	the	the	DET
fbem-21416	31	25	advantage	advantage	NOUN
fbem-21416	31	26	of	of	ADP
fbem-21416	31	27	low	low	ADJ
fbem-21416	31	28	labor	labor	NOUN
fbem-21416	31	29	cost	cost	NOUN
fbem-21416	31	30	is	be	AUX
fbem-21416	31	31	decreasing	decrease	VERB
fbem-21416	31	32	,	,	PUNCT
fbem-21416	31	33	which	which	PRON
fbem-21416	31	34	undoubtedly	undoubtedly	ADV
fbem-21416	31	35	puts	put	VERB
fbem-21416	31	36	china	china	PROPN
fbem-21416	31	37	's	's	PART
fbem-21416	31	38	manufacturing	manufacturing	NOUN
fbem-21416	31	39	industry	industry	NOUN
fbem-21416	31	40	in	in	ADP
fbem-21416	31	41	the	the	DET
fbem-21416	31	42	predicament	predicament	NOUN
fbem-21416	31	43	of	of	ADP
fbem-21416	31	44	double	double	ADJ
fbem-21416	31	45	squeeze	squeeze	NOUN
fbem-21416	31	46	.	.	PUNCT
fbem-21416	32	1	in	in	ADP
fbem-21416	32	2	addition	addition	NOUN
fbem-21416	32	3	,	,	PUNCT
fbem-21416	32	4	the	the	DET
fbem-21416	32	5	united	united	PROPN
fbem-21416	32	6	states	states	PROPN
fbem-21416	32	7	,	,	PUNCT
fbem-21416	32	8	europe	europe	PROPN
fbem-21416	32	9	,	,	PUNCT
fbem-21416	32	10	japan	japan	PROPN
fbem-21416	32	11	and	and	CCONJ
fbem-21416	32	12	other	other	ADJ
fbem-21416	32	13	developed	develop	VERB
fbem-21416	32	14	countries	country	NOUN
fbem-21416	32	15	and	and	CCONJ
fbem-21416	32	16	regions	region	NOUN
fbem-21416	32	17	since	since	SCONJ
fbem-21416	32	18	the	the	DET
fbem-21416	32	19	financial	financial	ADJ
fbem-21416	32	20	crisis	crisis	NOUN
fbem-21416	32	21	,	,	PUNCT
fbem-21416	32	22	economic	economic	ADJ
fbem-21416	32	23	growth	growth	NOUN
fbem-21416	32	24	has	have	AUX
fbem-21416	32	25	been	be	AUX
fbem-21416	32	26	in	in	ADP
fbem-21416	32	27	a	a	DET
fbem-21416	32	28	weak	weak	ADJ
fbem-21416	32	29	state	state	NOUN
fbem-21416	32	30	,	,	PUNCT
fbem-21416	32	31	the	the	DET
fbem-21416	32	32	global	global	ADJ
fbem-21416	32	33	economic	economic	ADJ
fbem-21416	32	34	growth	growth	NOUN
fbem-21416	32	35	momentum	momentum	NOUN
fbem-21416	32	36	is	be	AUX
fbem-21416	32	37	not	not	PART
fbem-21416	32	38	enough	enough	ADJ
fbem-21416	32	39	to	to	PART
fbem-21416	32	40	prompt	prompt	VERB
fbem-21416	32	41	the	the	DET
fbem-21416	32	42	rise	rise	NOUN
fbem-21416	32	43	of	of	ADP
fbem-21416	32	44	trade	trade	NOUN
fbem-21416	32	45	protectionism	protectionism	NOUN
fbem-21416	32	46	,	,	PUNCT
fbem-21416	32	47	by	by	ADP
fbem-21416	32	48	the	the	DET
fbem-21416	32	49	subprime	subprime	ADJ
fbem-21416	32	50	crisis	crisis	NOUN
fbem-21416	32	51	,	,	PUNCT
fbem-21416	32	52	the	the	DET
fbem-21416	32	53	outbreak	outbreak	NOUN
fbem-21416	32	54	of	of	ADP
fbem-21416	32	55	the	the	DET
fbem-21416	32	56	debt	debt	NOUN
fbem-21416	32	57	crisis	crisis	NOUN
fbem-21416	32	58	in	in	ADP
fbem-21416	32	59	europe	europe	PROPN
fbem-21416	32	60	and	and	CCONJ
fbem-21416	32	61	the	the	DET
fbem-21416	32	62	spread	spread	NOUN
fbem-21416	32	63	of	of	ADP
fbem-21416	32	64	the	the	DET
fbem-21416	32	65	new	new	ADJ
fbem-21416	32	66	crown	crown	NOUN
fbem-21416	32	67	pneumonia	pneumonia	NOUN
fbem-21416	32	68	epidemic	epidemic	NOUN
fbem-21416	32	69	,	,	PUNCT
fbem-21416	32	70	the	the	DET
fbem-21416	32	71	wave	wave	NOUN
fbem-21416	32	72	of	of	ADP
fbem-21416	32	73	anti	anti	ADJ
fbem-21416	32	74	-	-	ADJ
fbem-21416	32	75	globalization	globalization	NOUN
fbem-21416	32	76	is	be	AUX
fbem-21416	32	77	intensifying	intensify	VERB
fbem-21416	32	78	,	,	PUNCT
fbem-21416	32	79	a	a	DET
fbem-21416	32	80	variety	variety	NOUN
fbem-21416	32	81	of	of	ADP
fbem-21416	32	82	trade	trade	NOUN
fbem-21416	32	83	barriers	barrier	NOUN
fbem-21416	32	84	to	to	ADP
fbem-21416	32	85	china	china	PROPN
fbem-21416	32	86	's	's	PART
fbem-21416	32	87	manufacturing	manufacturing	NOUN
fbem-21416	32	88	industry	industry	NOUN
fbem-21416	32	89	has	have	AUX
fbem-21416	32	90	brought	bring	VERB
fbem-21416	32	91	some	some	PRON
fbem-21416	32	92	of	of	ADP
fbem-21416	32	93	the	the	DET
fbem-21416	32	94	obstacles	obstacle	NOUN
fbem-21416	32	95	that	that	PRON
fbem-21416	32	96	need	need	VERB
fbem-21416	32	97	to	to	PART
fbem-21416	32	98	be	be	AUX
fbem-21416	32	99	resolved	resolve	VERB
fbem-21416	32	100	,	,	PUNCT
fbem-21416	32	101	market	market	NOUN
fbem-21416	32	102	challenges	challenge	NOUN
fbem-21416	32	103	to	to	ADP
fbem-21416	32	104	market	market	NOUN
fbem-21416	32	105	development	development	NOUN
fbem-21416	32	106	and	and	CCONJ
fbem-21416	32	107	orders	order	NOUN
fbem-21416	32	108	.	.	PUNCT
fbem-21416	33	1	in	in	ADP
fbem-21416	33	2	addition	addition	NOUN
fbem-21416	33	3	,	,	PUNCT
fbem-21416	33	4	because	because	SCONJ
fbem-21416	33	5	the	the	DET
fbem-21416	33	6	textile	textile	ADJ
fbem-21416	33	7	raw	raw	ADJ
fbem-21416	33	8	materials	material	NOUN
fbem-21416	33	9	,	,	PUNCT
fbem-21416	33	10	electricity	electricity	NOUN
fbem-21416	33	11	prices	price	NOUN
fbem-21416	33	12	and	and	CCONJ
fbem-21416	33	13	other	other	ADJ
fbem-21416	33	14	factors	factor	NOUN
fbem-21416	33	15	of	of	ADP
fbem-21416	33	16	production	production	NOUN
fbem-21416	33	17	costs	cost	NOUN
fbem-21416	33	18	are	be	AUX
fbem-21416	33	19	still	still	ADV
fbem-21416	33	20	at	at	ADP
fbem-21416	33	21	a	a	DET
fbem-21416	33	22	high	high	ADJ
fbem-21416	33	23	level	level	NOUN
fbem-21416	33	24	,	,	PUNCT
fbem-21416	33	25	the	the	DET
fbem-21416	33	26	enterprise	enterprise	NOUN
fbem-21416	33	27	comprehensive	comprehensive	ADJ
fbem-21416	33	28	cost	cost	NOUN
fbem-21416	33	29	pressure	pressure	NOUN
fbem-21416	33	30	is	be	AUX
fbem-21416	33	31	still	still	ADV
fbem-21416	33	32	greater	great	ADJ
fbem-21416	33	33	.	.	PUNCT
fbem-21416	34	1	2.2.2	2.2.2	X
fbem-21416	34	2	.	.	PUNCT
fbem-21416	34	3	"	"	PUNCT
fbem-21416	34	4	industrial	industrial	ADJ
fbem-21416	34	5	+	+	CCONJ
fbem-21416	34	6	financial	financial	ADJ
fbem-21416	34	7	"	"	PUNCT
fbem-21416	34	8	synergy	synergy	NOUN
fbem-21416	34	9	effect	effect	NOUN
fbem-21416	34	10	moistens	moisten	VERB
fbem-21416	34	11	its	its	PRON
fbem-21416	34	12	own	own	ADJ
fbem-21416	34	13	industrial	industrial	ADJ
fbem-21416	34	14	development	development	NOUN
fbem-21416	34	15	resource	resource	NOUN
fbem-21416	34	16	-	-	PUNCT
fbem-21416	34	17	based	base	VERB
fbem-21416	34	18	theory	theory	NOUN
fbem-21416	34	19	as	as	ADP
fbem-21416	34	20	a	a	DET
fbem-21416	34	21	premise	premise	NOUN
fbem-21416	34	22	,	,	PUNCT
fbem-21416	34	23	that	that	ADV
fbem-21416	34	24	is	is	ADV
fbem-21416	34	25	,	,	PUNCT
fbem-21416	34	26	under	under	ADP
fbem-21416	34	27	the	the	DET
fbem-21416	34	28	condition	condition	NOUN
fbem-21416	34	29	of	of	ADP
fbem-21416	34	30	clear	clear	ADJ
fbem-21416	34	31	resource	resource	NOUN
fbem-21416	34	32	boundaries	boundary	NOUN
fbem-21416	34	33	,	,	PUNCT
fbem-21416	34	34	there	there	PRON
fbem-21416	34	35	is	be	VERB
fbem-21416	34	36	a	a	DET
fbem-21416	34	37	complementary	complementary	ADJ
fbem-21416	34	38	or	or	CCONJ
fbem-21416	34	39	alternative	alternative	ADJ
fbem-21416	34	40	relationship	relationship	NOUN
fbem-21416	34	41	between	between	ADP
fbem-21416	34	42	different	different	ADJ
fbem-21416	34	43	resources	resource	NOUN
fbem-21416	34	44	within	within	ADP
fbem-21416	34	45	the	the	DET
fbem-21416	34	46	enterprise	enterprise	NOUN
fbem-21416	34	47	,	,	PUNCT
fbem-21416	34	48	the	the	DET
fbem-21416	34	49	enterprise	enterprise	NOUN
fbem-21416	34	50	can	can	AUX
fbem-21416	34	51	determine	determine	VERB
fbem-21416	34	52	the	the	DET
fbem-21416	34	53	proportion	proportion	NOUN
fbem-21416	34	54	of	of	ADP
fbem-21416	34	55	investment	investment	NOUN
fbem-21416	34	56	in	in	ADP
fbem-21416	34	57	fixed	fix	VERB
fbem-21416	34	58	assets	asset	NOUN
fbem-21416	34	59	and	and	CCONJ
fbem-21416	34	60	financial	financial	ADJ
fbem-21416	34	61	assets	asset	NOUN
fbem-21416	34	62	according	accord	VERB
fbem-21416	34	63	to	to	ADP
fbem-21416	34	64	their	their	PRON
fbem-21416	34	65	own	own	ADJ
fbem-21416	34	66	development	development	NOUN
fbem-21416	34	67	needs	need	VERB
fbem-21416	34	68	[	[	X
fbem-21416	34	69	5	5	NUM
fbem-21416	34	70	]	]	PUNCT
fbem-21416	34	71	,	,	PUNCT
fbem-21416	34	72	out	out	ADP
fbem-21416	34	73	of	of	ADP
fbem-21416	34	74	the	the	DET
fbem-21416	34	75	"	"	PUNCT
fbem-21416	34	76	reservoir	reservoir	NOUN
fbem-21416	34	77	"	"	PUNCT
fbem-21416	34	78	motivation	motivation	NOUN
fbem-21416	34	79	,	,	PUNCT
fbem-21416	34	80	the	the	DET
fbem-21416	34	81	enterprise	enterprise	NOUN
fbem-21416	34	82	tends	tend	VERB
fbem-21416	34	83	to	to	PART
fbem-21416	34	84	increase	increase	VERB
fbem-21416	34	85	with	with	ADP
fbem-21416	34	86	a	a	DET
fbem-21416	34	87	short	short	ADJ
fbem-21416	34	88	cycle	cycle	NOUN
fbem-21416	34	89	,	,	PUNCT
fbem-21416	34	90	for	for	ADP
fbem-21416	34	91	the	the	DET
fbem-21416	34	92	motive	motive	NOUN
fbem-21416	34	93	of	of	ADP
fbem-21416	34	94	"	"	PUNCT
fbem-21416	34	95	reservoir	reservoir	NOUN
fbem-21416	34	96	"	"	PUNCT
fbem-21416	34	97	,	,	PUNCT
fbem-21416	34	98	enterprises	enterprise	NOUN
fbem-21416	34	99	tend	tend	VERB
fbem-21416	34	100	to	to	PART
fbem-21416	34	101	increase	increase	VERB
fbem-21416	34	102	the	the	DET
fbem-21416	34	103	short	short	ADJ
fbem-21416	34	104	cycle	cycle	NOUN
fbem-21416	34	105	,	,	PUNCT
fbem-21416	34	106	fast	fast	ADJ
fbem-21416	34	107	liquidity	liquidity	NOUN
fbem-21416	34	108	and	and	CCONJ
fbem-21416	34	109	other	other	ADJ
fbem-21416	34	110	advantages	advantage	NOUN
fbem-21416	34	111	of	of	ADP
fbem-21416	34	112	financial	financial	ADJ
fbem-21416	34	113	assets	asset	NOUN
fbem-21416	34	114	investment	investment	NOUN
fbem-21416	34	115	to	to	PART
fbem-21416	34	116	ensure	ensure	VERB
fbem-21416	34	117	the	the	DET
fbem-21416	34	118	liquidity	liquidity	NOUN
fbem-21416	34	119	of	of	ADP
fbem-21416	34	120	funds	fund	NOUN
fbem-21416	34	121	,	,	PUNCT
fbem-21416	34	122	and	and	CCONJ
fbem-21416	34	123	ultimately	ultimately	ADV
fbem-21416	34	124	realize	realize	VERB
fbem-21416	34	125	the	the	DET
fbem-21416	34	126	main	main	ADJ
fbem-21416	34	127	business	business	NOUN
fbem-21416	34	128	for	for	ADP
fbem-21416	34	129	the	the	DET
fbem-21416	34	130	enterprise	enterprise	NOUN
fbem-21416	34	131	to	to	PART
fbem-21416	34	132	provide	provide	VERB
fbem-21416	34	133	assistance	assistance	NOUN
fbem-21416	34	134	to	to	ADP
fbem-21416	34	135	the	the	DET
fbem-21416	34	136	purpose.in	purpose.in	NUM
fbem-21416	34	137	2011	2011	NUM
fbem-21416	34	138	,	,	PUNCT
fbem-21416	34	139	huamao	huamao	PROPN
fbem-21416	34	140	adjusted	adjust	VERB
fbem-21416	34	141	the	the	DET
fbem-21416	34	142	development	development	NOUN
fbem-21416	34	143	strategy	strategy	NOUN
fbem-21416	34	144	of	of	ADP
fbem-21416	34	145	the	the	DET
fbem-21416	34	146	company	company	NOUN
fbem-21416	34	147	,	,	PUNCT
fbem-21416	34	148	which	which	PRON
fbem-21416	34	149	was	be	AUX
fbem-21416	34	150	mainly	mainly	ADV
fbem-21416	34	151	manifested	manifest	VERB
fbem-21416	34	152	in	in	ADP
fbem-21416	34	153	the	the	DET
fbem-21416	34	154	company	company	NOUN
fbem-21416	34	155	's	's	PART
fbem-21416	34	156	decision	decision	NOUN
fbem-21416	34	157	to	to	PART
fbem-21416	34	158	add	add	VERB
fbem-21416	34	159	the	the	DET
fbem-21416	34	160	item	item	NOUN
fbem-21416	34	161	of	of	ADP
fbem-21416	34	162	"	"	PUNCT
fbem-21416	34	163	investment	investment	NOUN
fbem-21416	34	164	management	management	NOUN
fbem-21416	34	165	"	"	PUNCT
fbem-21416	34	166	in	in	ADP
fbem-21416	34	167	the	the	DET
fbem-21416	34	168	scope	scope	NOUN
fbem-21416	34	169	of	of	ADP
fbem-21416	34	170	business	business	NOUN
fbem-21416	34	171	to	to	PART
fbem-21416	34	172	realize	realize	VERB
fbem-21416	34	173	the	the	DET
fbem-21416	34	174	strategy	strategy	NOUN
fbem-21416	34	175	of	of	ADP
fbem-21416	34	176	dual	dual	ADJ
fbem-21416	34	177	-	-	PUNCT
fbem-21416	34	178	wheel	wheel	NOUN
fbem-21416	34	179	drive	drive	NOUN
fbem-21416	34	180	of	of	ADP
fbem-21416	34	181	"	"	PUNCT
fbem-21416	34	182	industrial	industrial	ADJ
fbem-21416	34	183	capital	capital	NOUN
fbem-21416	34	184	"	"	PUNCT
fbem-21416	34	185	and	and	CCONJ
fbem-21416	34	186	"	"	PUNCT
fbem-21416	34	187	financial	financial	ADJ
fbem-21416	34	188	capital	capital	NOUN
fbem-21416	34	189	"	"	PUNCT
fbem-21416	34	190	,	,	PUNCT
fbem-21416	34	191	which	which	PRON
fbem-21416	34	192	was	be	AUX
fbem-21416	34	193	approved	approve	VERB
fbem-21416	34	194	by	by	ADP
fbem-21416	34	195	the	the	DET
fbem-21416	34	196	shareholders	shareholder	NOUN
fbem-21416	34	197	'	'	PART
fbem-21416	34	198	general	general	ADJ
fbem-21416	34	199	meeting	meeting	NOUN
fbem-21416	34	200	.	.	PUNCT
fbem-21416	35	1	the	the	DET
fbem-21416	35	2	strategy	strategy	NOUN
fbem-21416	35	3	of	of	ADP
fbem-21416	35	4	realizing	realize	VERB
fbem-21416	35	5	the	the	DET
fbem-21416	35	6	dual	dual	ADJ
fbem-21416	35	7	-	-	PUNCT
fbem-21416	35	8	wheel	wheel	NOUN
fbem-21416	35	9	drive	drive	NOUN
fbem-21416	35	10	of	of	ADP
fbem-21416	35	11	"	"	PUNCT
fbem-21416	35	12	industrial	industrial	ADJ
fbem-21416	35	13	capital	capital	NOUN
fbem-21416	35	14	"	"	PUNCT
fbem-21416	35	15	and	and	CCONJ
fbem-21416	35	16	"	"	PUNCT
fbem-21416	35	17	financial	financial	ADJ
fbem-21416	35	18	capital	capital	NOUN
fbem-21416	35	19	"	"	PUNCT
fbem-21416	35	20	has	have	AUX
fbem-21416	35	21	passed	pass	VERB
fbem-21416	35	22	the	the	DET
fbem-21416	35	23	consideration	consideration	NOUN
fbem-21416	35	24	of	of	ADP
fbem-21416	35	25	the	the	DET
fbem-21416	35	26	shareholders	shareholder	NOUN
fbem-21416	35	27	'	'	PART
fbem-21416	35	28	meeting	meeting	NOUN
fbem-21416	35	29	.	.	PUNCT
fbem-21416	36	1	as	as	SCONJ
fbem-21416	36	2	can	can	AUX
fbem-21416	36	3	be	be	AUX
fbem-21416	36	4	seen	see	VERB
fbem-21416	36	5	in	in	ADP
fbem-21416	36	6	figure	figure	NOUN
fbem-21416	36	7	1	1	NUM
fbem-21416	36	8	,	,	PUNCT
fbem-21416	36	9	since	since	SCONJ
fbem-21416	36	10	2010	2010	NUM
fbem-21416	36	11	,	,	PUNCT
fbem-21416	36	12	huamao	huamao	PROPN
fbem-21416	36	13	's	's	PART
fbem-21416	36	14	net	net	ADJ
fbem-21416	36	15	profit	profit	NOUN
fbem-21416	36	16	after	after	ADP
fbem-21416	36	17	non	non	ADJ
fbem-21416	36	18	-	-	ADJ
fbem-21416	36	19	recurring	recurring	ADJ
fbem-21416	36	20	gains	gain	NOUN
fbem-21416	36	21	and	and	CCONJ
fbem-21416	36	22	losses	loss	NOUN
fbem-21416	36	23	has	have	AUX
fbem-21416	36	24	been	be	AUX
fbem-21416	36	25	declining	decline	VERB
fbem-21416	36	26	,	,	PUNCT
fbem-21416	36	27	and	and	CCONJ
fbem-21416	36	28	has	have	AUX
fbem-21416	36	29	been	be	AUX
fbem-21416	36	30	negative	negative	ADJ
fbem-21416	36	31	for	for	ADP
fbem-21416	36	32	7	7	NUM
fbem-21416	36	33	consecutive	consecutive	ADJ
fbem-21416	36	34	years	year	NOUN
fbem-21416	36	35	since	since	SCONJ
fbem-21416	36	36	2012	2012	NUM
fbem-21416	36	37	,	,	PUNCT
fbem-21416	36	38	but	but	CCONJ
fbem-21416	36	39	the	the	DET
fbem-21416	36	40	company	company	NOUN
fbem-21416	36	41	's	's	PART
fbem-21416	36	42	net	net	ADJ
fbem-21416	36	43	profit	profit	NOUN
fbem-21416	36	44	has	have	AUX
fbem-21416	36	45	still	still	ADV
fbem-21416	36	46	turned	turn	VERB
fbem-21416	36	47	from	from	ADP
fbem-21416	36	48	loss	loss	NOUN
fbem-21416	36	49	to	to	PART
fbem-21416	36	50	profit	profit	VERB
fbem-21416	36	51	.	.	PUNCT
fbem-21416	37	1	for	for	ADP
fbem-21416	37	2	example	example	NOUN
fbem-21416	37	3	,	,	PUNCT
fbem-21416	37	4	the	the	DET
fbem-21416	37	5	investment	investment	NOUN
fbem-21416	37	6	income	income	NOUN
fbem-21416	37	7	obtained	obtain	VERB
fbem-21416	37	8	by	by	ADP
fbem-21416	37	9	the	the	DET
fbem-21416	37	10	company	company	NOUN
fbem-21416	37	11	in	in	ADP
fbem-21416	37	12	2014	2014	NUM
fbem-21416	37	13	reached	reach	VERB
fbem-21416	37	14	636	636	NUM
fbem-21416	37	15	million	million	NUM
fbem-21416	37	16	yuan	yuan	NOUN
fbem-21416	37	17	,	,	PUNCT
fbem-21416	37	18	while	while	SCONJ
fbem-21416	37	19	the	the	DET
fbem-21416	37	20	net	net	ADJ
fbem-21416	37	21	profit	profit	NOUN
fbem-21416	37	22	in	in	ADP
fbem-21416	37	23	2014	2014	NUM
fbem-21416	37	24	was	be	AUX
fbem-21416	37	25	only	only	ADV
fbem-21416	37	26	357	357	NUM
fbem-21416	37	27	million	million	NUM
fbem-21416	37	28	yuan	yuan	NOUN
fbem-21416	37	29	.	.	PUNCT
fbem-21416	38	1	it	it	PRON
fbem-21416	38	2	can	can	AUX
fbem-21416	38	3	be	be	AUX
fbem-21416	38	4	seen	see	VERB
fbem-21416	38	5	that	that	SCONJ
fbem-21416	38	6	huamao	huamao	PROPN
fbem-21416	38	7	's	's	PART
fbem-21416	38	8	operational	operational	ADJ
fbem-21416	38	9	performance	performance	NOUN
fbem-21416	38	10	is	be	AUX
fbem-21416	38	11	poor	poor	ADJ
fbem-21416	38	12	,	,	PUNCT
fbem-21416	38	13	and	and	CCONJ
fbem-21416	38	14	its	its	PRON
fbem-21416	38	15	financialization	financialization	NOUN
fbem-21416	38	16	is	be	AUX
fbem-21416	38	17	also	also	ADV
fbem-21416	38	18	motivated	motivate	VERB
fbem-21416	38	19	by	by	ADP
fbem-21416	38	20	the	the	DET
fbem-21416	38	21	need	need	NOUN
fbem-21416	38	22	for	for	ADP
fbem-21416	38	23	new	new	ADJ
fbem-21416	38	24	profit	profit	NOUN
fbem-21416	38	25	growth	growth	NOUN
fbem-21416	38	26	points	point	NOUN
fbem-21416	38	27	.	.	PUNCT
fbem-21416	39	1	figure	figure	NOUN
fbem-21416	39	2	1	1	NUM
fbem-21416	39	3	.	.	PUNCT
fbem-21416	40	1	earnings	earning	NOUN
fbem-21416	40	2	for	for	ADP
fbem-21416	40	3	2010	2010	NUM
fbem-21416	40	4	-	-	SYM
fbem-21416	40	5	2022	2022	NUM
fbem-21416	40	6	2.2.3	2.2.3	NUM
fbem-21416	40	7	.	.	PUNCT
fbem-21416	41	1	obtaining	obtain	VERB
fbem-21416	41	2	high	high	ADJ
fbem-21416	41	3	returns	return	NOUN
fbem-21416	41	4	on	on	ADP
fbem-21416	41	5	financial	financial	ADJ
fbem-21416	41	6	investments	investment	NOUN
fbem-21416	41	7	the	the	DET
fbem-21416	41	8	investment	investment	NOUN
fbem-21416	41	9	substitution	substitution	NOUN
fbem-21416	41	10	theory	theory	NOUN
fbem-21416	41	11	holds	hold	VERB
fbem-21416	41	12	that	that	SCONJ
fbem-21416	41	13	,	,	PUNCT
fbem-21416	41	14	driven	drive	VERB
fbem-21416	41	15	by	by	ADP
fbem-21416	41	16	capital	capital	NOUN
fbem-21416	41	17	arbitrage	arbitrage	NOUN
fbem-21416	41	18	,	,	PUNCT
fbem-21416	41	19	regardless	regardless	ADV
fbem-21416	41	20	of	of	ADP
fbem-21416	41	21	whether	whether	SCONJ
fbem-21416	41	22	the	the	DET
fbem-21416	41	23	enterprise	enterprise	NOUN
fbem-21416	41	24	's	's	PART
fbem-21416	41	25	industrial	industrial	ADJ
fbem-21416	41	26	production	production	NOUN
fbem-21416	41	27	is	be	AUX
fbem-21416	41	28	facing	face	VERB
fbem-21416	41	29	a	a	DET
fbem-21416	41	30	profitability	profitability	NOUN
fbem-21416	41	31	crisis	crisis	NOUN
fbem-21416	41	32	or	or	CCONJ
fbem-21416	41	33	not	not	PART
fbem-21416	41	34	,	,	PUNCT
fbem-21416	41	35	it	it	PRON
fbem-21416	41	36	will	will	AUX
fbem-21416	41	37	transfer	transfer	VERB
fbem-21416	41	38	funds	fund	NOUN
fbem-21416	41	39	from	from	ADP
fbem-21416	41	40	the	the	DET
fbem-21416	41	41	industrial	industrial	ADJ
fbem-21416	41	42	sector	sector	NOUN
fbem-21416	41	43	to	to	ADP
fbem-21416	41	44	the	the	DET
fbem-21416	41	45	financial	financial	ADJ
fbem-21416	41	46	sector	sector	NOUN
fbem-21416	41	47	in	in	ADP
fbem-21416	41	48	order	order	NOUN
fbem-21416	41	49	to	to	PART
fbem-21416	41	50	quickly	quickly	ADV
fbem-21416	41	51	obtain	obtain	VERB
fbem-21416	41	52	a	a	DET
fbem-21416	41	53	higher	high	ADJ
fbem-21416	41	54	rate	rate	NOUN
fbem-21416	41	55	of	of	ADP
fbem-21416	41	56	return	return	NOUN
fbem-21416	41	57	on	on	ADP
fbem-21416	41	58	investment	investment	NOUN
fbem-21416	41	59	compared	compare	VERB
fbem-21416	41	60	to	to	ADP
fbem-21416	41	61	the	the	DET
fbem-21416	41	62	industrial	industrial	ADJ
fbem-21416	41	63	production	production	NOUN
fbem-21416	41	64	and	and	CCONJ
fbem-21416	41	65	pursue	pursue	VERB
fbem-21416	41	66	more	more	ADJ
fbem-21416	41	67	profits	profit	NOUN
fbem-21416	41	68	.	.	PUNCT
fbem-21416	42	1	by	by	ADP
fbem-21416	42	2	comparing	compare	VERB
fbem-21416	42	3	the	the	DET
fbem-21416	42	4	return	return	NOUN
fbem-21416	42	5	on	on	ADP
fbem-21416	42	6	net	net	ADJ
fbem-21416	42	7	assets	asset	NOUN
fbem-21416	42	8	and	and	CCONJ
fbem-21416	42	9	the	the	DET
fbem-21416	42	10	return	return	NOUN
fbem-21416	42	11	on	on	ADP
fbem-21416	42	12	financial	financial	ADJ
fbem-21416	42	13	assets	asset	NOUN
fbem-21416	42	14	of	of	ADP
fbem-21416	42	15	huamao	huamao	PROPN
fbem-21416	42	16	shares	share	NOUN
fbem-21416	42	17	,	,	PUNCT
fbem-21416	42	18	we	we	PRON
fbem-21416	42	19	analyze	analyze	VERB
fbem-21416	42	20	whether	whether	SCONJ
fbem-21416	42	21	the	the	DET
fbem-21416	42	22	large	large	ADJ
fbem-21416	42	23	financial	financial	ADJ
fbem-21416	42	24	asset	asset	NOUN
fbem-21416	42	25	allocation	allocation	NOUN
fbem-21416	42	26	of	of	ADP
fbem-21416	42	27	enterprises	enterprise	NOUN
fbem-21416	42	28	is	be	AUX
fbem-21416	42	29	117	117	NUM
fbem-21416	42	30	motivated	motivated	ADJ
fbem-21416	42	31	by	by	ADP
fbem-21416	42	32	speculative	speculative	ADJ
fbem-21416	42	33	substitution	substitution	NOUN
fbem-21416	42	34	.	.	PUNCT
fbem-21416	43	1	from	from	ADP
fbem-21416	43	2	figure	figure	NOUN
fbem-21416	43	3	2	2	NUM
fbem-21416	43	4	,	,	PUNCT
fbem-21416	43	5	it	it	PRON
fbem-21416	43	6	can	can	AUX
fbem-21416	43	7	be	be	AUX
fbem-21416	43	8	seen	see	VERB
fbem-21416	43	9	that	that	SCONJ
fbem-21416	43	10	huamao	huamao	PROPN
fbem-21416	43	11	's	's	PART
fbem-21416	43	12	return	return	NOUN
fbem-21416	43	13	on	on	ADP
fbem-21416	43	14	financial	financial	ADJ
fbem-21416	43	15	assets	asset	NOUN
fbem-21416	43	16	has	have	AUX
fbem-21416	43	17	been	be	AUX
fbem-21416	43	18	higher	high	ADJ
fbem-21416	43	19	than	than	ADP
fbem-21416	43	20	the	the	DET
fbem-21416	43	21	return	return	NOUN
fbem-21416	43	22	on	on	ADP
fbem-21416	43	23	net	net	ADJ
fbem-21416	43	24	assets	asset	NOUN
fbem-21416	43	25	from	from	ADP
fbem-21416	43	26	2011	2011	NUM
fbem-21416	43	27	to	to	ADP
fbem-21416	43	28	2021	2021	NUM
fbem-21416	43	29	,	,	PUNCT
fbem-21416	43	30	on	on	ADP
fbem-21416	43	31	the	the	DET
fbem-21416	43	32	one	one	NUM
fbem-21416	43	33	hand	hand	NOUN
fbem-21416	43	34	,	,	PUNCT
fbem-21416	43	35	it	it	PRON
fbem-21416	43	36	is	be	AUX
fbem-21416	43	37	because	because	SCONJ
fbem-21416	43	38	of	of	ADP
fbem-21416	43	39	the	the	DET
fbem-21416	43	40	strong	strong	ADJ
fbem-21416	43	41	profitability	profitability	NOUN
fbem-21416	43	42	of	of	ADP
fbem-21416	43	43	the	the	DET
fbem-21416	43	44	financial	financial	ADJ
fbem-21416	43	45	channel	channel	NOUN
fbem-21416	43	46	,	,	PUNCT
fbem-21416	43	47	coupled	couple	VERB
fbem-21416	43	48	with	with	ADP
fbem-21416	43	49	huamao	huamao	PROPN
fbem-21416	43	50	's	's	PART
fbem-21416	43	51	early	early	ADJ
fbem-21416	43	52	involvement	involvement	NOUN
fbem-21416	43	53	in	in	ADP
fbem-21416	43	54	the	the	DET
fbem-21416	43	55	financial	financial	ADJ
fbem-21416	43	56	market	market	NOUN
fbem-21416	43	57	.	.	PUNCT
fbem-21416	44	1	1999	1999	NUM
fbem-21416	44	2	,	,	PUNCT
fbem-21416	44	3	huamao	huamao	PROPN
fbem-21416	44	4	invested	invest	VERB
fbem-21416	44	5	100	100	NUM
fbem-21416	44	6	million	million	NUM
fbem-21416	44	7	yuan	yuan	NOUN
fbem-21416	44	8	to	to	PART
fbem-21416	44	9	participate	participate	VERB
fbem-21416	44	10	in	in	ADP
fbem-21416	44	11	the	the	DET
fbem-21416	44	12	stock	stock	NOUN
fbem-21416	44	13	of	of	ADP
fbem-21416	44	14	guotai	guotai	PROPN
fbem-21416	44	15	junan	junan	PROPN
fbem-21416	44	16	securities	securities	PROPN
fbem-21416	44	17	company	company	NOUN
fbem-21416	44	18	limited	limit	VERB
fbem-21416	44	19	to	to	ADP
fbem-21416	44	20	the	the	DET
fbem-21416	44	21	successful	successful	ADJ
fbem-21416	44	22	listing	listing	NOUN
fbem-21416	44	23	in	in	ADP
fbem-21416	44	24	2015	2015	NUM
fbem-21416	44	25	,	,	PUNCT
fbem-21416	44	26	the	the	DET
fbem-21416	44	27	available	available	ADJ
fbem-21416	44	28	-	-	PUNCT
fbem-21416	44	29	for	for	ADP
fbem-21416	44	30	-	-	PUNCT
fbem-21416	44	31	sale	sale	NOUN
fbem-21416	44	32	financial	financial	ADJ
fbem-21416	44	33	assets	asset	NOUN
fbem-21416	44	34	of	of	ADP
fbem-21416	44	35	huamao	huamao	PROPN
fbem-21416	44	36	grew	grow	VERB
fbem-21416	44	37	more	more	ADJ
fbem-21416	44	38	than	than	ADP
fbem-21416	44	39	1	1	NUM
fbem-21416	44	40	billion	billion	NUM
fbem-21416	44	41	yuan	yuan	NOUN
fbem-21416	44	42	.	.	PUNCT
fbem-21416	45	1	in	in	ADP
fbem-21416	45	2	2003	2003	NUM
fbem-21416	45	3	,	,	PUNCT
fbem-21416	45	4	huamao	huamao	PROPN
fbem-21416	45	5	began	begin	VERB
fbem-21416	45	6	to	to	PART
fbem-21416	45	7	subscribe	subscribe	VERB
fbem-21416	45	8	to	to	ADP
fbem-21416	45	9	the	the	DET
fbem-21416	45	10	shares	share	NOUN
fbem-21416	45	11	of	of	ADP
fbem-21416	45	12	huishang	huishang	PROPN
fbem-21416	45	13	bank	bank	PROPN
fbem-21416	45	14	,	,	PUNCT
fbem-21416	45	15	which	which	PRON
fbem-21416	45	16	was	be	AUX
fbem-21416	45	17	listed	list	VERB
fbem-21416	45	18	on	on	ADP
fbem-21416	45	19	the	the	DET
fbem-21416	45	20	stock	stock	NOUN
fbem-21416	45	21	market	market	NOUN
fbem-21416	45	22	in	in	ADP
fbem-21416	45	23	the	the	DET
fbem-21416	45	24	same	same	ADJ
fbem-21416	45	25	year	year	NOUN
fbem-21416	45	26	,	,	PUNCT
fbem-21416	45	27	huamao	huamao	PROPN
fbem-21416	45	28	received	receive	VERB
fbem-21416	45	29	a	a	DET
fbem-21416	45	30	dividend	dividend	NOUN
fbem-21416	45	31	of	of	ADP
fbem-21416	45	32	6.5	6.5	NUM
fbem-21416	45	33	million	million	NUM
fbem-21416	45	34	yuan	yuan	NOUN
fbem-21416	45	35	.	.	PUNCT
fbem-21416	46	1	on	on	ADP
fbem-21416	46	2	the	the	DET
fbem-21416	46	3	other	other	ADJ
fbem-21416	46	4	hand	hand	NOUN
fbem-21416	46	5	,	,	PUNCT
fbem-21416	46	6	as	as	SCONJ
fbem-21416	46	7	mentioned	mention	VERB
fbem-21416	46	8	earlier	early	ADV
fbem-21416	46	9	,	,	PUNCT
fbem-21416	46	10	the	the	DET
fbem-21416	46	11	industry	industry	NOUN
fbem-21416	46	12	in	in	ADP
fbem-21416	46	13	which	which	PRON
fbem-21416	46	14	huamao	huamao	PROPN
fbem-21416	46	15	is	be	AUX
fbem-21416	46	16	located	locate	VERB
fbem-21416	46	17	has	have	AUX
fbem-21416	46	18	been	be	AUX
fbem-21416	46	19	affected	affect	VERB
fbem-21416	46	20	by	by	ADP
fbem-21416	46	21	the	the	DET
fbem-21416	46	22	general	general	ADJ
fbem-21416	46	23	environment	environment	NOUN
fbem-21416	46	24	,	,	PUNCT
fbem-21416	46	25	and	and	CCONJ
fbem-21416	46	26	the	the	DET
fbem-21416	46	27	development	development	NOUN
fbem-21416	46	28	has	have	AUX
fbem-21416	46	29	not	not	PART
fbem-21416	46	30	been	be	AUX
fbem-21416	46	31	friendly	friendly	ADJ
fbem-21416	46	32	in	in	ADP
fbem-21416	46	33	recent	recent	ADJ
fbem-21416	46	34	years	year	NOUN
fbem-21416	46	35	,	,	PUNCT
fbem-21416	46	36	while	while	SCONJ
fbem-21416	46	37	huamao	huamao	PROPN
fbem-21416	46	38	has	have	AUX
fbem-21416	46	39	focused	focus	VERB
fbem-21416	46	40	on	on	ADP
fbem-21416	46	41	the	the	DET
fbem-21416	46	42	financial	financial	ADJ
fbem-21416	46	43	field	field	NOUN
fbem-21416	46	44	rather	rather	ADV
fbem-21416	46	45	than	than	ADP
fbem-21416	46	46	the	the	DET
fbem-21416	46	47	investment	investment	NOUN
fbem-21416	46	48	and	and	CCONJ
fbem-21416	46	49	operation	operation	NOUN
fbem-21416	46	50	of	of	ADP
fbem-21416	46	51	its	its	PRON
fbem-21416	46	52	main	main	ADJ
fbem-21416	46	53	business	business	NOUN
fbem-21416	46	54	.	.	PUNCT
fbem-21416	47	1	to	to	PART
fbem-21416	47	2	summarize	summarize	VERB
fbem-21416	47	3	,	,	PUNCT
fbem-21416	47	4	it	it	PRON
fbem-21416	47	5	is	be	AUX
fbem-21416	47	6	not	not	PART
fbem-21416	47	7	difficult	difficult	ADJ
fbem-21416	47	8	to	to	PART
fbem-21416	47	9	see	see	VERB
fbem-21416	47	10	that	that	DET
fbem-21416	47	11	part	part	NOUN
fbem-21416	47	12	of	of	ADP
fbem-21416	47	13	the	the	DET
fbem-21416	47	14	reason	reason	NOUN
fbem-21416	47	15	for	for	ADP
fbem-21416	47	16	the	the	DET
fbem-21416	47	17	company	company	NOUN
fbem-21416	47	18	's	's	PART
fbem-21416	47	19	investment	investment	NOUN
fbem-21416	47	20	in	in	ADP
fbem-21416	47	21	the	the	DET
fbem-21416	47	22	financial	financial	ADJ
fbem-21416	47	23	channel	channel	NOUN
fbem-21416	47	24	is	be	AUX
fbem-21416	47	25	to	to	PART
fbem-21416	47	26	make	make	VERB
fbem-21416	47	27	up	up	ADP
fbem-21416	47	28	for	for	ADP
fbem-21416	47	29	the	the	DET
fbem-21416	47	30	loss	loss	NOUN
fbem-21416	47	31	of	of	ADP
fbem-21416	47	32	the	the	DET
fbem-21416	47	33	main	main	ADJ
fbem-21416	47	34	business	business	NOUN
fbem-21416	47	35	.	.	PUNCT
fbem-21416	48	1	from	from	ADP
fbem-21416	48	2	the	the	DET
fbem-21416	48	3	line	line	NOUN
fbem-21416	48	4	graph	graph	NOUN
fbem-21416	48	5	,	,	PUNCT
fbem-21416	48	6	it	it	PRON
fbem-21416	48	7	can	can	AUX
fbem-21416	48	8	be	be	AUX
fbem-21416	48	9	seen	see	VERB
fbem-21416	48	10	that	that	SCONJ
fbem-21416	48	11	huamao	huamao	PROPN
fbem-21416	48	12	's	's	PART
fbem-21416	48	13	earnings	earning	NOUN
fbem-21416	48	14	in	in	ADP
fbem-21416	48	15	the	the	DET
fbem-21416	48	16	financial	financial	ADJ
fbem-21416	48	17	channel	channel	NOUN
fbem-21416	48	18	in	in	ADP
fbem-21416	48	19	recent	recent	ADJ
fbem-21416	48	20	years	year	NOUN
fbem-21416	48	21	are	be	AUX
fbem-21416	48	22	not	not	PART
fbem-21416	48	23	particularly	particularly	ADV
fbem-21416	48	24	satisfactory	satisfactory	ADJ
fbem-21416	48	25	,	,	PUNCT
fbem-21416	48	26	so	so	ADV
fbem-21416	48	27	the	the	DET
fbem-21416	48	28	company	company	NOUN
fbem-21416	48	29	has	have	AUX
fbem-21416	48	30	been	be	AUX
fbem-21416	48	31	gradually	gradually	ADV
fbem-21416	48	32	reducing	reduce	VERB
fbem-21416	48	33	its	its	PRON
fbem-21416	48	34	investment	investment	NOUN
fbem-21416	48	35	in	in	ADP
fbem-21416	48	36	financial	financial	ADJ
fbem-21416	48	37	assets	asset	NOUN
fbem-21416	48	38	in	in	ADP
fbem-21416	48	39	recent	recent	ADJ
fbem-21416	48	40	years	year	NOUN
fbem-21416	48	41	.	.	PUNCT
fbem-21416	49	1	figure	figure	NOUN
fbem-21416	49	2	2	2	NUM
fbem-21416	49	3	.	.	PUNCT
fbem-21416	49	4	rate	rate	NOUN
fbem-21416	49	5	of	of	ADP
fbem-21416	49	6	return	return	NOUN
fbem-21416	49	7	scenarios	scenario	NOUN
fbem-21416	49	8	,	,	PUNCT
fbem-21416	49	9	2010	2010	NUM
fbem-21416	49	10	-	-	SYM
fbem-21416	49	11	2022	2022	NUM
fbem-21416	49	12	3	3	NUM
fbem-21416	49	13	.	.	PUNCT
fbem-21416	50	1	huamao	huamao	PROPN
fbem-21416	50	2	's	's	PART
fbem-21416	50	3	non	non	ADJ
fbem-21416	50	4	-	-	ADJ
fbem-21416	50	5	linear	linear	ADJ
fbem-21416	50	6	trajectory	trajectory	NOUN
fbem-21416	50	7	financialization	financialization	NOUN
fbem-21416	50	8	behavior	behavior	NOUN
fbem-21416	50	9	and	and	CCONJ
fbem-21416	50	10	measurement	measurement	NOUN
fbem-21416	50	11	3.1	3.1	NUM
fbem-21416	50	12	.	.	PUNCT
fbem-21416	51	1	description	description	NOUN
fbem-21416	51	2	of	of	ADP
fbem-21416	51	3	financialization	financialization	NOUN
fbem-21416	51	4	behavior	behavior	NOUN
fbem-21416	51	5	of	of	ADP
fbem-21416	51	6	huamao	huamao	PROPN
fbem-21416	51	7	's	's	PART
fbem-21416	51	8	non	non	ADJ
fbem-21416	51	9	-	-	ADJ
fbem-21416	51	10	linear	linear	ADJ
fbem-21416	51	11	trajectory	trajectory	NOUN
fbem-21416	51	12	as	as	ADV
fbem-21416	51	13	early	early	ADV
fbem-21416	51	14	as	as	ADP
fbem-21416	51	15	in	in	ADP
fbem-21416	51	16	1999	1999	NUM
fbem-21416	51	17	,	,	PUNCT
fbem-21416	51	18	huamao	huamao	PROPN
fbem-21416	51	19	made	make	VERB
fbem-21416	51	20	investments	investment	NOUN
fbem-21416	51	21	in	in	ADP
fbem-21416	51	22	the	the	DET
fbem-21416	51	23	financial	financial	ADJ
fbem-21416	51	24	field	field	NOUN
fbem-21416	51	25	,	,	PUNCT
fbem-21416	51	26	such	such	ADJ
fbem-21416	51	27	as	as	ADP
fbem-21416	51	28	guotai	guotai	PROPN
fbem-21416	51	29	junan	junan	NOUN
fbem-21416	51	30	with	with	ADP
fbem-21416	51	31	10,000,000	10,000,000	NUM
fbem-21416	51	32	rmb	rmb	NOUN
fbem-21416	51	33	as	as	ADP
fbem-21416	51	34	2.68	2.68	NUM
fbem-21416	51	35	%	%	NOUN
fbem-21416	51	36	investment	investment	NOUN
fbem-21416	51	37	ratio	ratio	NOUN
fbem-21416	51	38	and	and	CCONJ
fbem-21416	51	39	guangfa	guangfa	PROPN
fbem-21416	51	40	with	with	ADP
fbem-21416	51	41	50,000,000	50,000,000	NUM
fbem-21416	51	42	rmb	rmb	NOUN
fbem-21416	51	43	as	as	ADP
fbem-21416	51	44	2.5	2.5	NUM
fbem-21416	51	45	%	%	NOUN
fbem-21416	51	46	investment	investment	NOUN
fbem-21416	51	47	ratio	ratio	NOUN
fbem-21416	51	48	,	,	PUNCT
fbem-21416	51	49	etc	etc	X
fbem-21416	51	50	.	.	X
fbem-21416	51	51	in	in	ADP
fbem-21416	51	52	2008	2008	NUM
fbem-21416	51	53	,	,	PUNCT
fbem-21416	51	54	the	the	DET
fbem-21416	51	55	price	price	NOUN
fbem-21416	51	56	of	of	ADP
fbem-21416	51	57	the	the	DET
fbem-21416	51	58	shares	share	NOUN
fbem-21416	51	59	of	of	ADP
fbem-21416	51	60	hongyuan	hongyuan	PROPN
fbem-21416	51	61	securities	security	NOUN
fbem-21416	51	62	held	hold	VERB
fbem-21416	51	63	by	by	ADP
fbem-21416	51	64	the	the	DET
fbem-21416	51	65	company	company	NOUN
fbem-21416	51	66	fell	fall	VERB
fbem-21416	51	67	sharply	sharply	ADV
fbem-21416	51	68	due	due	ADP
fbem-21416	51	69	to	to	ADP
fbem-21416	51	70	the	the	DET
fbem-21416	51	71	impact	impact	NOUN
fbem-21416	51	72	of	of	ADP
fbem-21416	51	73	the	the	DET
fbem-21416	51	74	decline	decline	NOUN
fbem-21416	51	75	of	of	ADP
fbem-21416	51	76	the	the	DET
fbem-21416	51	77	stock	stock	NOUN
fbem-21416	51	78	market	market	NOUN
fbem-21416	51	79	,	,	PUNCT
fbem-21416	51	80	and	and	CCONJ
fbem-21416	51	81	there	there	PRON
fbem-21416	51	82	was	be	VERB
fbem-21416	51	83	a	a	DET
fbem-21416	51	84	mutation	mutation	NOUN
fbem-21416	51	85	point	point	NOUN
fbem-21416	51	86	.	.	PUNCT
fbem-21416	52	1	after	after	ADP
fbem-21416	52	2	the	the	DET
fbem-21416	52	3	introduction	introduction	NOUN
fbem-21416	52	4	of	of	ADP
fbem-21416	52	5	"	"	PUNCT
fbem-21416	52	6	sharing	share	VERB
fbem-21416	52	7	in	in	ADP
fbem-21416	52	8	a	a	DET
fbem-21416	52	9	company	company	NOUN
fbem-21416	52	10	&	&	CCONJ
fbem-21416	52	11	holding	hold	VERB
fbem-21416	52	12	a	a	DET
fbem-21416	52	13	company	company	NOUN
fbem-21416	52	14	"	"	PUNCT
fbem-21416	52	15	,	,	PUNCT
fbem-21416	52	16	the	the	DET
fbem-21416	52	17	degree	degree	NOUN
fbem-21416	52	18	of	of	ADP
fbem-21416	52	19	financialization	financialization	NOUN
fbem-21416	52	20	of	of	ADP
fbem-21416	52	21	huamao	huamao	PROPN
fbem-21416	52	22	shares	share	NOUN
fbem-21416	52	23	had	have	VERB
fbem-21416	52	24	a	a	DET
fbem-21416	52	25	small	small	ADJ
fbem-21416	52	26	decline	decline	NOUN
fbem-21416	52	27	,	,	PUNCT
fbem-21416	52	28	but	but	CCONJ
fbem-21416	52	29	then	then	ADV
fbem-21416	52	30	began	begin	VERB
fbem-21416	52	31	to	to	PART
fbem-21416	52	32	invest	invest	VERB
fbem-21416	52	33	in	in	ADP
fbem-21416	52	34	various	various	ADJ
fbem-21416	52	35	types	type	NOUN
fbem-21416	52	36	of	of	ADP
fbem-21416	52	37	unlisted	unlisted	ADJ
fbem-21416	52	38	companies	company	NOUN
fbem-21416	52	39	,	,	PUNCT
fbem-21416	52	40	such	such	ADJ
fbem-21416	52	41	as	as	ADP
fbem-21416	52	42	agricultural	agricultural	ADJ
fbem-21416	52	43	products	product	NOUN
fbem-21416	52	44	,	,	PUNCT
fbem-21416	52	45	medical	medical	ADJ
fbem-21416	52	46	equipment	equipment	NOUN
fbem-21416	52	47	,	,	PUNCT
fbem-21416	52	48	trade	trade	NOUN
fbem-21416	52	49	,	,	PUNCT
fbem-21416	52	50	etc	etc	X
fbem-21416	52	51	.	.	X
fbem-21416	52	52	,	,	PUNCT
fbem-21416	52	53	and	and	CCONJ
fbem-21416	52	54	the	the	DET
fbem-21416	52	55	volatility	volatility	NOUN
fbem-21416	52	56	of	of	ADP
fbem-21416	52	57	the	the	DET
fbem-21416	52	58	degree	degree	NOUN
fbem-21416	52	59	of	of	ADP
fbem-21416	52	60	its	its	PRON
fbem-21416	52	61	financialization	financialization	NOUN
fbem-21416	52	62	increased	increase	VERB
fbem-21416	52	63	.	.	PUNCT
fbem-21416	53	1	2015	2015	NUM
fbem-21416	53	2	,	,	PUNCT
fbem-21416	53	3	the	the	DET
fbem-21416	53	4	successful	successful	ADJ
fbem-21416	53	5	listing	listing	NOUN
fbem-21416	53	6	of	of	ADP
fbem-21416	53	7	guotai	guotai	PROPN
fbem-21416	53	8	junan	junan	PROPN
fbem-21416	53	9	made	make	VERB
fbem-21416	53	10	huamao	huamao	PROPN
fbem-21416	53	11	's	's	PART
fbem-21416	53	12	available	available	ADJ
fbem-21416	53	13	-	-	PUNCT
fbem-21416	53	14	for	for	ADP
fbem-21416	53	15	-	-	PUNCT
fbem-21416	53	16	sale	sale	NOUN
fbem-21416	53	17	financial	financial	ADJ
fbem-21416	53	18	assets	asset	NOUN
fbem-21416	53	19	increase	increase	VERB
fbem-21416	53	20	by	by	ADP
fbem-21416	53	21	more	more	ADJ
fbem-21416	53	22	than	than	ADP
fbem-21416	53	23	1	1	NUM
fbem-21416	53	24	billion	billion	NUM
fbem-21416	53	25	yuan	yuan	NOUN
fbem-21416	53	26	,	,	PUNCT
fbem-21416	53	27	which	which	PRON
fbem-21416	53	28	was	be	AUX
fbem-21416	53	29	also	also	ADV
fbem-21416	53	30	the	the	DET
fbem-21416	53	31	first	first	ADJ
fbem-21416	53	32	time	time	NOUN
fbem-21416	53	33	that	that	PRON
fbem-21416	53	34	huamao	huamao	PROPN
fbem-21416	53	35	's	's	PART
fbem-21416	53	36	available	available	ADJ
fbem-21416	53	37	-	-	PUNCT
fbem-21416	53	38	for	for	ADP
fbem-21416	53	39	-	-	PUNCT
fbem-21416	53	40	sale	sale	NOUN
fbem-21416	53	41	financial	financial	ADJ
fbem-21416	53	42	assets	asset	NOUN
fbem-21416	53	43	grew	grow	VERB
fbem-21416	53	44	by	by	ADP
fbem-21416	53	45	more	more	ADJ
fbem-21416	53	46	than	than	ADP
fbem-21416	53	47	1	1	NUM
fbem-21416	53	48	billion	billion	NUM
fbem-21416	53	49	yuan	yuan	NOUN
fbem-21416	53	50	.	.	PUNCT
fbem-21416	54	1	billion	billion	NUM
fbem-21416	54	2	yuan	yuan	NOUN
fbem-21416	54	3	,	,	PUNCT
fbem-21416	54	4	which	which	PRON
fbem-21416	54	5	was	be	AUX
fbem-21416	54	6	also	also	ADV
fbem-21416	54	7	the	the	DET
fbem-21416	54	8	peak	peak	NOUN
fbem-21416	54	9	of	of	ADP
fbem-21416	54	10	financial	financial	ADJ
fbem-21416	54	11	assets	asset	NOUN
fbem-21416	54	12	held	hold	VERB
fbem-21416	54	13	by	by	ADP
fbem-21416	54	14	huamao	huamao	PROPN
fbem-21416	54	15	.	.	PUNCT
fbem-21416	55	1	in	in	ADP
fbem-21416	55	2	the	the	DET
fbem-21416	55	3	following	following	ADJ
fbem-21416	55	4	years	year	NOUN
fbem-21416	55	5	,	,	PUNCT
fbem-21416	55	6	huamao	huamao	PROPN
fbem-21416	55	7	's	's	PART
fbem-21416	55	8	financialization	financialization	NOUN
fbem-21416	55	9	was	be	AUX
fbem-21416	55	10	influenced	influence	VERB
fbem-21416	55	11	by	by	ADP
fbem-21416	55	12	the	the	DET
fbem-21416	55	13	general	general	ADJ
fbem-21416	55	14	environment	environment	NOUN
fbem-21416	55	15	and	and	CCONJ
fbem-21416	55	16	corporate	corporate	ADJ
fbem-21416	55	17	strategy	strategy	NOUN
fbem-21416	55	18	,	,	PUNCT
fbem-21416	55	19	and	and	CCONJ
fbem-21416	55	20	the	the	DET
fbem-21416	55	21	financial	financial	ADJ
fbem-21416	55	22	assets	asset	NOUN
fbem-21416	55	23	experienced	experience	VERB
fbem-21416	55	24	a	a	DET
fbem-21416	55	25	decrease	decrease	NOUN
fbem-21416	55	26	in	in	ADP
fbem-21416	55	27	volatility	volatility	NOUN
fbem-21416	55	28	while	while	SCONJ
fbem-21416	55	29	strengthening	strengthen	VERB
fbem-21416	55	30	the	the	DET
fbem-21416	55	31	focus	focus	NOUN
fbem-21416	55	32	on	on	ADP
fbem-21416	55	33	the	the	DET
fbem-21416	55	34	main	main	ADJ
fbem-21416	55	35	business	business	NOUN
fbem-21416	55	36	and	and	CCONJ
fbem-21416	55	37	the	the	DET
fbem-21416	55	38	research	research	NOUN
fbem-21416	55	39	and	and	CCONJ
fbem-21416	55	40	development	development	NOUN
fbem-21416	55	41	of	of	ADP
fbem-21416	55	42	products.therefore	products.therefore	NOUN
fbem-21416	55	43	,	,	PUNCT
fbem-21416	55	44	this	this	DET
fbem-21416	55	45	paper	paper	NOUN
fbem-21416	55	46	explores	explore	VERB
fbem-21416	55	47	the	the	DET
fbem-21416	55	48	financialization	financialization	NOUN
fbem-21416	55	49	of	of	ADP
fbem-21416	55	50	the	the	DET
fbem-21416	55	51	enterprise	enterprise	NOUN
fbem-21416	55	52	from	from	ADP
fbem-21416	55	53	the	the	DET
fbem-21416	55	54	point	point	NOUN
fbem-21416	55	55	of	of	ADP
fbem-21416	55	56	view	view	NOUN
fbem-21416	55	57	that	that	SCONJ
fbem-21416	55	58	in	in	ADP
fbem-21416	55	59	2010	2010	NUM
fbem-21416	55	60	,	,	PUNCT
fbem-21416	55	61	huamao	huamao	PROPN
fbem-21416	55	62	formally	formally	ADV
fbem-21416	55	63	started	start	VERB
fbem-21416	55	64	to	to	PART
fbem-21416	55	65	involve	involve	VERB
fbem-21416	55	66	in	in	ADP
fbem-21416	55	67	venture	venture	NOUN
fbem-21416	55	68	capital	capital	NOUN
fbem-21416	55	69	investment	investment	NOUN
fbem-21416	55	70	in	in	ADP
fbem-21416	55	71	a	a	DET
fbem-21416	55	72	number	number	NOUN
fbem-21416	55	73	of	of	ADP
fbem-21416	55	74	non	non	ADJ
fbem-21416	55	75	-	-	ADJ
fbem-21416	55	76	listed	listed	ADJ
fbem-21416	55	77	companies	company	NOUN
fbem-21416	55	78	in	in	ADP
fbem-21416	55	79	various	various	ADJ
fbem-21416	55	80	fields	field	NOUN
fbem-21416	55	81	.	.	PUNCT
fbem-21416	56	1	3.2	3.2	NUM
fbem-21416	56	2	.	.	PUNCT
fbem-21416	56	3	measurement	measurement	NOUN
fbem-21416	56	4	of	of	ADP
fbem-21416	56	5	the	the	DET
fbem-21416	56	6	degree	degree	NOUN
fbem-21416	56	7	of	of	ADP
fbem-21416	56	8	financialization	financialization	NOUN
fbem-21416	56	9	of	of	ADP
fbem-21416	56	10	huamao	huamao	PROPN
fbem-21416	56	11	shares	share	NOUN
fbem-21416	56	12	3.2.1	3.2.1	NUM
fbem-21416	56	13	.	.	PUNCT
fbem-21416	57	1	selection	selection	NOUN
fbem-21416	57	2	of	of	ADP
fbem-21416	57	3	indicators	indicator	NOUN
fbem-21416	57	4	up	up	ADP
fbem-21416	57	5	to	to	ADP
fbem-21416	57	6	now	now	ADV
fbem-21416	57	7	,	,	PUNCT
fbem-21416	57	8	there	there	PRON
fbem-21416	57	9	is	be	VERB
fbem-21416	57	10	no	no	DET
fbem-21416	57	11	uniform	uniform	ADJ
fbem-21416	57	12	statement	statement	NOUN
fbem-21416	57	13	on	on	ADP
fbem-21416	57	14	the	the	DET
fbem-21416	57	15	measurement	measurement	NOUN
fbem-21416	57	16	of	of	ADP
fbem-21416	57	17	"	"	PUNCT
fbem-21416	57	18	corporate	corporate	ADJ
fbem-21416	57	19	financialization	financialization	NOUN
fbem-21416	57	20	"	"	PUNCT
fbem-21416	57	21	in	in	ADP
fbem-21416	57	22	the	the	DET
fbem-21416	57	23	academic	academic	ADJ
fbem-21416	57	24	world	world	NOUN
fbem-21416	57	25	,	,	PUNCT
fbem-21416	57	26	smith	smith	PROPN
fbem-21416	57	27	(	(	PUNCT
fbem-21416	57	28	1969	1969	NUM
fbem-21416	57	29	)	)	PUNCT
fbem-21416	57	30	was	be	AUX
fbem-21416	57	31	the	the	DET
fbem-21416	57	32	first	first	ADJ
fbem-21416	57	33	to	to	PART
fbem-21416	57	34	adopt	adopt	VERB
fbem-21416	57	35	the	the	DET
fbem-21416	57	36	ratio	ratio	NOUN
fbem-21416	57	37	of	of	ADP
fbem-21416	57	38	financial	financial	ADJ
fbem-21416	57	39	assets	asset	NOUN
fbem-21416	57	40	allocation	allocation	NOUN
fbem-21416	57	41	as	as	ADP
fbem-21416	57	42	a	a	DET
fbem-21416	57	43	measurement	measurement	NOUN
fbem-21416	57	44	index	index	NOUN
fbem-21416	58	1	[	[	X
fbem-21416	58	2	6	6	NUM
fbem-21416	58	3	]	]	PUNCT
fbem-21416	58	4	,	,	PUNCT
fbem-21416	58	5	orhangazi	orhangazi	NOUN
fbem-21416	58	6	(	(	PUNCT
fbem-21416	58	7	2008	2008	NUM
fbem-21416	58	8	)	)	PUNCT
fbem-21416	59	1	[	[	X
fbem-21416	59	2	7	7	X
fbem-21416	59	3	]	]	PUNCT
fbem-21416	59	4	and	and	CCONJ
fbem-21416	59	5	demir	demir	PROPN
fbem-21416	59	6	(	(	PUNCT
fbem-21416	59	7	2009	2009	NUM
fbem-21416	59	8	)	)	PUNCT
fbem-21416	60	1	[	[	X
fbem-21416	60	2	8	8	NUM
fbem-21416	60	3	]	]	PUNCT
fbem-21416	60	4	also	also	ADV
fbem-21416	60	5	believe	believe	VERB
fbem-21416	60	6	that	that	SCONJ
fbem-21416	60	7	corporate	corporate	ADJ
fbem-21416	60	8	financialization	financialization	NOUN
fbem-21416	60	9	should	should	AUX
fbem-21416	60	10	be	be	AUX
fbem-21416	60	11	defined	define	VERB
fbem-21416	60	12	by	by	ADP
fbem-21416	60	13	comparing	compare	VERB
fbem-21416	60	14	the	the	DET
fbem-21416	60	15	ratio	ratio	NOUN
fbem-21416	60	16	of	of	ADP
fbem-21416	60	17	financial	financial	ADJ
fbem-21416	60	18	assets	asset	NOUN
fbem-21416	60	19	controlled	control	VERB
fbem-21416	60	20	by	by	ADP
fbem-21416	60	21	the	the	DET
fbem-21416	60	22	company	company	NOUN
fbem-21416	60	23	to	to	ADP
fbem-21416	60	24	tangible	tangible	ADJ
fbem-21416	60	25	assets	asset	NOUN
fbem-21416	60	26	.	.	PUNCT
fbem-21416	61	1	financial	financial	ADJ
fbem-21416	61	2	assets	asset	NOUN
fbem-21416	61	3	controlled	control	VERB
fbem-21416	61	4	by	by	ADP
fbem-21416	61	5	the	the	DET
fbem-21416	61	6	firm	firm	NOUN
fbem-21416	61	7	to	to	ADP
fbem-21416	61	8	tangible	tangible	ADJ
fbem-21416	61	9	assets	asset	NOUN
fbem-21416	61	10	to	to	PART
fbem-21416	61	11	define	define	VERB
fbem-21416	61	12	corporate	corporate	ADJ
fbem-21416	61	13	financialization	financialization	NOUN
fbem-21416	61	14	.	.	PUNCT
fbem-21416	62	1	in	in	ADP
fbem-21416	62	2	addition	addition	NOUN
fbem-21416	62	3	,	,	PUNCT
fbem-21416	62	4	scholars	scholar	NOUN
fbem-21416	62	5	have	have	VERB
fbem-21416	62	6	different	different	ADJ
fbem-21416	62	7	views	view	NOUN
fbem-21416	62	8	on	on	ADP
fbem-21416	62	9	the	the	DET
fbem-21416	62	10	division	division	NOUN
fbem-21416	62	11	of	of	ADP
fbem-21416	62	12	financial	financial	ADJ
fbem-21416	62	13	assets	asset	NOUN
fbem-21416	62	14	,	,	PUNCT
fbem-21416	62	15	du	du	PROPN
fbem-21416	62	16	yong	yong	PROPN
fbem-21416	62	17	et	et	PROPN
fbem-21416	62	18	al	al	PROPN
fbem-21416	62	19	.	.	PROPN
fbem-21416	63	1	(	(	PUNCT
fbem-21416	63	2	2019	2019	NUM
fbem-21416	63	3	)	)	PUNCT
fbem-21416	63	4	,	,	PUNCT
fbem-21416	63	5	in	in	ADP
fbem-21416	63	6	adopting	adopt	VERB
fbem-21416	63	7	the	the	DET
fbem-21416	63	8	allocation	allocation	NOUN
fbem-21416	63	9	ratio	ratio	NOUN
fbem-21416	63	10	of	of	ADP
fbem-21416	63	11	financial	financial	ADJ
fbem-21416	63	12	assets	asset	NOUN
fbem-21416	63	13	to	to	PART
fbem-21416	63	14	measure	measure	VERB
fbem-21416	63	15	the	the	DET
fbem-21416	63	16	degree	degree	NOUN
fbem-21416	63	17	of	of	ADP
fbem-21416	63	18	corporate	corporate	ADJ
fbem-21416	63	19	financialization	financialization	NOUN
fbem-21416	63	20	,	,	PUNCT
fbem-21416	63	21	refine	refine	VERB
fbem-21416	63	22	the	the	DET
fbem-21416	63	23	categories	category	NOUN
fbem-21416	63	24	of	of	ADP
fbem-21416	63	25	financial	financial	ADJ
fbem-21416	63	26	assets	asset	NOUN
fbem-21416	63	27	into	into	ADP
fbem-21416	63	28	trading	trade	VERB
fbem-21416	63	29	financial	financial	ADJ
fbem-21416	63	30	assets	asset	NOUN
fbem-21416	63	31	,	,	PUNCT
fbem-21416	63	32	amount	amount	NOUN
fbem-21416	63	33	of	of	ADP
fbem-21416	63	34	loans	loan	NOUN
fbem-21416	63	35	and	and	CCONJ
fbem-21416	63	36	advances	advance	NOUN
fbem-21416	63	37	granted	grant	VERB
fbem-21416	63	38	,	,	PUNCT
fbem-21416	63	39	derivative	derivative	ADJ
fbem-21416	63	40	financial	financial	ADJ
fbem-21416	63	41	assets	asset	NOUN
fbem-21416	63	42	,	,	PUNCT
fbem-21416	63	43	held	hold	VERB
fbem-21416	63	44	-	-	PUNCT
fbem-21416	63	45	to	to	ADP
fbem-21416	63	46	-	-	PUNCT
fbem-21416	63	47	maturity	maturity	NOUN
fbem-21416	63	48	investments	investment	NOUN
fbem-21416	63	49	,	,	PUNCT
fbem-21416	63	50	available	available	ADJ
fbem-21416	63	51	-	-	PUNCT
fbem-21416	63	52	for	for	ADP
fbem-21416	63	53	-	-	PUNCT
fbem-21416	63	54	sale	sale	NOUN
fbem-21416	63	55	financial	financial	ADJ
fbem-21416	63	56	assets	asset	NOUN
fbem-21416	63	57	,	,	PUNCT
fbem-21416	63	58	and	and	CCONJ
fbem-21416	63	59	investment	investment	NOUN
fbem-21416	63	60	real	real	ADJ
fbem-21416	63	61	estate	estate	NOUN
fbem-21416	64	1	[	[	X
fbem-21416	64	2	9	9	NUM
fbem-21416	64	3	]	]	PUNCT
fbem-21416	64	4	;	;	PUNCT
fbem-21416	64	5	wu	wu	PROPN
fbem-21416	64	6	fei	fei	PROPN
fbem-21416	64	7	and	and	CCONJ
fbem-21416	64	8	xiang	xiang	PROPN
fbem-21416	64	9	hailing	hail	VERB
fbem-21416	64	10	(	(	PUNCT
fbem-21416	64	11	2019	2019	NUM
fbem-21416	64	12	)	)	PUNCT
fbem-21416	64	13	further	far	ADV
fbem-21416	64	14	decompose	decompose	VERB
fbem-21416	64	15	the	the	DET
fbem-21416	64	16	overall	overall	ADJ
fbem-21416	64	17	financialization	financialization	NOUN
fbem-21416	64	18	indicator	indicator	NOUN
fbem-21416	64	19	into	into	ADP
fbem-21416	64	20	a	a	DET
fbem-21416	64	21	maturity	maturity	NOUN
fbem-21416	64	22	structure	structure	NOUN
fbem-21416	64	23	and	and	CCONJ
fbem-21416	64	24	disassemble	disassemble	VERB
fbem-21416	64	25	it	it	PRON
fbem-21416	64	26	into	into	ADP
fbem-21416	64	27	long	long	ADJ
fbem-21416	64	28	-	-	PUNCT
fbem-21416	64	29	term	term	NOUN
fbem-21416	64	30	financialization	financialization	NOUN
fbem-21416	64	31	and	and	CCONJ
fbem-21416	64	32	short	short	ADJ
fbem-21416	64	33	-	-	PUNCT
fbem-21416	64	34	term	term	NOUN
fbem-21416	64	35	financialization	financialization	NOUN
fbem-21416	64	36	,	,	PUNCT
fbem-21416	64	37	including	include	VERB
fbem-21416	64	38	the	the	DET
fbem-21416	64	39	sum	sum	NOUN
fbem-21416	64	40	of	of	ADP
fbem-21416	64	41	the	the	DET
fbem-21416	64	42	year	year	NOUN
fbem-21416	64	43	-	-	PUNCT
fbem-21416	64	44	end	end	NOUN
fbem-21416	64	45	balances	balance	NOUN
fbem-21416	64	46	of	of	ADP
fbem-21416	64	47	seven	seven	NUM
fbem-21416	64	48	types	type	NOUN
fbem-21416	64	49	of	of	ADP
fbem-21416	64	50	accounts	account	NOUN
fbem-21416	64	51	,	,	PUNCT
fbem-21416	64	52	including	include	VERB
fbem-21416	64	53	net	net	ADJ
fbem-21416	64	54	long	long	ADJ
fbem-21416	64	55	-	-	PUNCT
fbem-21416	64	56	term	term	NOUN
fbem-21416	64	57	equity	equity	NOUN
fbem-21416	64	58	investment	investment	NOUN
fbem-21416	64	59	,	,	PUNCT
fbem-21416	64	60	net	net	ADJ
fbem-21416	64	61	investment	investment	NOUN
fbem-21416	64	62	real	real	ADJ
fbem-21416	64	63	estate	estate	NOUN
fbem-21416	64	64	,	,	PUNCT
fbem-21416	64	65	net	net	ADJ
fbem-21416	64	66	held	hold	VERB
fbem-21416	64	67	-	-	PUNCT
fbem-21416	64	68	to	to	ADP
fbem-21416	64	69	-	-	PUNCT
fbem-21416	64	70	maturity	maturity	NOUN
fbem-21416	64	71	investment	investment	NOUN
fbem-21416	64	72	,	,	PUNCT
fbem-21416	64	73	trading	trade	VERB
fbem-21416	64	74	financial	financial	ADJ
fbem-21416	64	75	assets	asset	NOUN
fbem-21416	64	76	,	,	PUNCT
fbem-21416	64	77	derivative	derivative	ADJ
fbem-21416	64	78	financial	financial	ADJ
fbem-21416	64	79	assets	asset	NOUN
fbem-21416	64	80	,	,	PUNCT
fbem-21416	64	81	net	net	ADJ
fbem-21416	64	82	loans	loan	NOUN
fbem-21416	64	83	and	and	CCONJ
fbem-21416	64	84	advances	advance	NOUN
fbem-21416	64	85	granted	grant	VERB
fbem-21416	64	86	,	,	PUNCT
fbem-21416	64	87	and	and	CCONJ
fbem-21416	64	88	net	net	ADJ
fbem-21416	64	89	available	available	ADJ
fbem-21416	64	90	-	-	PUNCT
fbem-21416	64	91	forsale	forsale	ADJ
fbem-21416	64	92	financial	financial	ADJ
fbem-21416	64	93	assets	asset	NOUN
fbem-21416	64	94	,	,	PUNCT
fbem-21416	64	95	which	which	PRON
fbem-21416	64	96	is	be	AUX
fbem-21416	64	97	used	use	VERB
fbem-21416	64	98	as	as	ADP
fbem-21416	64	99	an	an	DET
fbem-21416	64	100	estimation	estimation	NOUN
fbem-21416	64	101	indicator	indicator	NOUN
fbem-21416	64	102	of	of	ADP
fbem-21416	64	103	the	the	DET
fbem-21416	64	104	enterprise	enterprise	NOUN
fbem-21416	64	105	's	's	PART
fbem-21416	64	106	financial	financial	ADJ
fbem-21416	64	107	investment	investment	NOUN
fbem-21416	65	1	[	[	X
fbem-21416	65	2	10].based	10].base	VERB
fbem-21416	65	3	on	on	ADP
fbem-21416	65	4	wu	wu	PROPN
fbem-21416	65	5	fei	fei	PROPN
fbem-21416	65	6	's	's	PART
fbem-21416	65	7	and	and	CCONJ
fbem-21416	65	8	xiang	xiang	PROPN
fbem-21416	65	9	hailing	hailing	PROPN
fbem-21416	65	10	's	's	PART
fbem-21416	65	11	categorization	categorization	NOUN
fbem-21416	65	12	,	,	PUNCT
fbem-21416	65	13	and	and	CCONJ
fbem-21416	65	14	combined	combine	VERB
fbem-21416	65	15	with	with	ADP
fbem-21416	65	16	the	the	DET
fbem-21416	65	17	subject	subject	ADJ
fbem-21416	65	18	names	name	NOUN
fbem-21416	65	19	of	of	ADP
fbem-21416	65	20	the	the	DET
fbem-21416	65	21	new	new	ADJ
fbem-21416	65	22	2019	2019	NUM
fbem-21416	65	23	financial	financial	ADJ
fbem-21416	65	24	instruments	instrument	NOUN
fbem-21416	65	25	standard	standard	NOUN
fbem-21416	65	26	,	,	PUNCT
fbem-21416	65	27	this	this	DET
fbem-21416	65	28	paper	paper	NOUN
fbem-21416	65	29	classifies	classify	VERB
fbem-21416	65	30	the	the	DET
fbem-21416	65	31	financial	financial	ADJ
fbem-21416	65	32	assets	asset	NOUN
fbem-21416	65	33	invested	invest	VERB
fbem-21416	65	34	in	in	ADP
fbem-21416	65	35	huamao	huamao	PROPN
fbem-21416	65	36	shares	share	NOUN
fbem-21416	65	37	into	into	ADP
fbem-21416	65	38	4	4	NUM
fbem-21416	65	39	categories	category	NOUN
fbem-21416	65	40	:	:	PUNCT
fbem-21416	65	41	trading	trade	VERB
fbem-21416	65	42	financial	financial	ADJ
fbem-21416	65	43	assets	asset	NOUN
fbem-21416	65	44	,	,	PUNCT
fbem-21416	65	45	long	long	ADJ
fbem-21416	65	46	-	-	PUNCT
fbem-21416	65	47	term	term	NOUN
fbem-21416	65	48	equity	equity	NOUN
fbem-21416	65	49	investments	investment	NOUN
fbem-21416	65	50	,	,	PUNCT
fbem-21416	65	51	available	available	ADJ
fbem-21416	65	52	-	-	PUNCT
fbem-21416	65	53	for	for	ADP
fbem-21416	65	54	-	-	PUNCT
fbem-21416	65	55	sale	sale	NOUN
fbem-21416	65	56	financial	financial	ADJ
fbem-21416	65	57	assets	asset	NOUN
fbem-21416	65	58	and	and	CCONJ
fbem-21416	65	59	other	other	ADJ
fbem-21416	65	60	investments	investment	NOUN
fbem-21416	65	61	in	in	ADP
fbem-21416	65	62	equity	equity	NOUN
fbem-21416	65	63	instruments	instrument	NOUN
fbem-21416	65	64	.	.	PUNCT
fbem-21416	66	1	3.2.2	3.2.2	X
fbem-21416	66	2	.	.	PUNCT
fbem-21416	67	1	measurement	measurement	NOUN
fbem-21416	67	2	of	of	ADP
fbem-21416	67	3	the	the	DET
fbem-21416	67	4	degree	degree	NOUN
fbem-21416	67	5	of	of	ADP
fbem-21416	67	6	financialization	financialization	NOUN
fbem-21416	67	7	table	table	NOUN
fbem-21416	67	8	1	1	NUM
fbem-21416	67	9	.	.	PUNCT
fbem-21416	68	1	the	the	DET
fbem-21416	68	2	proportion	proportion	NOUN
fbem-21416	68	3	of	of	ADP
fbem-21416	68	4	financial	financial	ADJ
fbem-21416	68	5	assets	asset	NOUN
fbem-21416	68	6	held	hold	VERB
fbem-21416	68	7	by	by	ADP
fbem-21416	68	8	huamao	huamao	PROPN
fbem-21416	68	9	in	in	ADP
fbem-21416	68	10	assets	asset	NOUN
fbem-21416	68	11	,	,	PUNCT
fbem-21416	68	12	2010	2010	NUM
fbem-21416	68	13	-	-	SYM
fbem-21416	68	14	2022	2022	NUM
fbem-21416	68	15	year	year	NOUN
fbem-21416	68	16	financial	financial	ADJ
fbem-21416	68	17	assets	asset	NOUN
fbem-21416	68	18	(	(	PUNCT
fbem-21416	68	19	yuan	yuan	NOUN
fbem-21416	68	20	)	)	PUNCT
fbem-21416	68	21	general	general	ADJ
fbem-21416	68	22	assets	asset	NOUN
fbem-21416	68	23	percentage	percentage	NOUN
fbem-21416	68	24	2010	2010	NUM
fbem-21416	68	25	3,424,615,598.74	3,424,615,598.74	NUM
fbem-21416	68	26	6,906,546,855.00	6,906,546,855.00	NUM
fbem-21416	68	27	49.59	49.59	NUM
fbem-21416	68	28	%	%	NOUN
fbem-21416	68	29	2011	2011	NUM
fbem-21416	68	30	2,725,184,528.79	2,725,184,528.79	NUM
fbem-21416	68	31	6,346,887,510.00	6,346,887,510.00	NUM
fbem-21416	68	32	42.94	42.94	NUM
fbem-21416	68	33	%	%	NOUN
fbem-21416	68	34	2012	2012	NUM
fbem-21416	68	35	2,932,781,460.45	2,932,781,460.45	NUM
fbem-21416	68	36	6,683,352,826.00	6,683,352,826.00	NUM
fbem-21416	68	37	43.88	43.88	NUM
fbem-21416	68	38	%	%	NOUN
fbem-21416	68	39	2013	2013	NUM
fbem-21416	68	40	2,444,710,378.73	2,444,710,378.73	NUM
fbem-21416	68	41	6,166,016,132.00	6,166,016,132.00	NUM
fbem-21416	68	42	39.65	39.65	NUM
fbem-21416	68	43	%	%	NOUN
fbem-21416	68	44	2014	2014	NUM
fbem-21416	68	45	2,416,255,527.57	2,416,255,527.57	NUM
fbem-21416	68	46	6,677,707,250.00	6,677,707,250.00	NUM
fbem-21416	69	1	36.18	36.18	NUM
fbem-21416	69	2	%	%	NOUN
fbem-21416	69	3	2015	2015	NUM
fbem-21416	69	4	4,955,105,762.83	4,955,105,762.83	PROPN
fbem-21416	69	5	8,571,725,734.00	8,571,725,734.00	NUM
fbem-21416	69	6	57.81	57.81	NUM
fbem-21416	69	7	%	%	NOUN
fbem-21416	69	8	2016	2016	NUM
fbem-21416	69	9	4,083,333,278.58	4,083,333,278.58	PROPN
fbem-21416	69	10	7,795,440,649.00	7,795,440,649.00	NUM
fbem-21416	69	11	52.38	52.38	NUM
fbem-21416	69	12	%	%	NOUN
fbem-21416	69	13	2017	2017	NUM
fbem-21416	69	14	3,870,591,196.11	3,870,591,196.11	NUM
fbem-21416	69	15	7,871,983,480.00	7,871,983,480.00	NUM
fbem-21416	69	16	49.17	49.17	NUM
fbem-21416	69	17	%	%	NOUN
fbem-21416	69	18	2018	2018	NUM
fbem-21416	69	19	3,285,119,655.95	3,285,119,655.95	NUM
fbem-21416	69	20	7,578,544,010.00	7,578,544,010.00	NUM
fbem-21416	69	21	43.35	43.35	NUM
fbem-21416	69	22	%	%	NOUN
fbem-21416	69	23	2019	2019	NUM
fbem-21416	69	24	3,187,468,781.22	3,187,468,781.22	NUM
fbem-21416	69	25	7,552,401,557.00	7,552,401,557.00	NUM
fbem-21416	69	26	42.20	42.20	NUM
fbem-21416	69	27	%	%	NOUN
fbem-21416	69	28	2020	2020	NUM
fbem-21416	69	29	2,591,881,719.35	2,591,881,719.35	NUM
fbem-21416	69	30	7,147,216,897.00	7,147,216,897.00	NUM
fbem-21416	69	31	36.26	36.26	NUM
fbem-21416	69	32	%	%	NOUN
fbem-21416	69	33	2021	2021	NUM
fbem-21416	69	34	2,913,902,702.37	2,913,902,702.37	NUM
fbem-21416	69	35	7,667,190,941.00	7,667,190,941.00	PROPN
fbem-21416	69	36	38.00	38.00	NUM
fbem-21416	69	37	%	%	NOUN
fbem-21416	69	38	2022	2022	NUM
fbem-21416	69	39	2,319,091,077.29	2,319,091,077.29	NUM
fbem-21416	69	40	7,301,435,471.00	7,301,435,471.00	NUM
fbem-21416	69	41	31.76	31.76	NUM
fbem-21416	69	42	%	%	NOUN
fbem-21416	69	43	through	through	ADP
fbem-21416	69	44	the	the	DET
fbem-21416	69	45	query	query	NOUN
fbem-21416	69	46	and	and	CCONJ
fbem-21416	69	47	collation	collation	NOUN
fbem-21416	69	48	of	of	ADP
fbem-21416	69	49	financial	financial	ADJ
fbem-21416	69	50	data	datum	NOUN
fbem-21416	69	51	of	of	ADP
fbem-21416	69	52	118	118	NUM
fbem-21416	69	53	huamao	huamao	NOUN
fbem-21416	69	54	company	company	NOUN
fbem-21416	69	55	limited	limit	VERB
fbem-21416	69	56	,	,	PUNCT
fbem-21416	69	57	it	it	PRON
fbem-21416	69	58	can	can	AUX
fbem-21416	69	59	be	be	AUX
fbem-21416	69	60	seen	see	VERB
fbem-21416	69	61	that	that	SCONJ
fbem-21416	69	62	,	,	PUNCT
fbem-21416	69	63	from	from	ADP
fbem-21416	69	64	the	the	DET
fbem-21416	69	65	viewpoint	viewpoint	NOUN
fbem-21416	69	66	of	of	ADP
fbem-21416	69	67	the	the	DET
fbem-21416	69	68	structure	structure	NOUN
fbem-21416	69	69	of	of	ADP
fbem-21416	69	70	financial	financial	ADJ
fbem-21416	69	71	assets	asset	NOUN
fbem-21416	69	72	of	of	ADP
fbem-21416	69	73	huamao	huamao	PROPN
fbem-21416	69	74	company	company	NOUN
fbem-21416	69	75	limited	limit	VERB
fbem-21416	69	76	,	,	PUNCT
fbem-21416	69	77	the	the	DET
fbem-21416	69	78	company	company	NOUN
fbem-21416	69	79	's	's	PART
fbem-21416	69	80	investment	investment	NOUN
fbem-21416	69	81	in	in	ADP
fbem-21416	69	82	the	the	DET
fbem-21416	69	83	financial	financial	ADJ
fbem-21416	69	84	field	field	NOUN
fbem-21416	69	85	is	be	AUX
fbem-21416	69	86	mainly	mainly	ADV
fbem-21416	69	87	based	base	VERB
fbem-21416	69	88	on	on	ADP
fbem-21416	69	89	available	available	ADJ
fbem-21416	69	90	-	-	PUNCT
fbem-21416	69	91	for	for	ADP
fbem-21416	69	92	-	-	PUNCT
fbem-21416	69	93	sale	sale	NOUN
fbem-21416	69	94	financial	financial	ADJ
fbem-21416	69	95	assets	asset	NOUN
fbem-21416	69	96	and	and	CCONJ
fbem-21416	69	97	long	long	ADJ
fbem-21416	69	98	-	-	PUNCT
fbem-21416	69	99	term	term	NOUN
fbem-21416	69	100	equity	equity	NOUN
fbem-21416	69	101	investment	investment	NOUN
fbem-21416	69	102	,	,	PUNCT
fbem-21416	69	103	plus	plus	CCONJ
fbem-21416	69	104	some	some	DET
fbem-21416	69	105	transactional	transactional	ADJ
fbem-21416	69	106	financial	financial	ADJ
fbem-21416	69	107	assets	asset	NOUN
fbem-21416	69	108	,	,	PUNCT
fbem-21416	69	109	short	short	ADJ
fbem-21416	69	110	-	-	PUNCT
fbem-21416	69	111	term	term	NOUN
fbem-21416	69	112	investment	investment	NOUN
fbem-21416	69	113	and	and	CCONJ
fbem-21416	69	114	other	other	ADJ
fbem-21416	69	115	items	item	NOUN
fbem-21416	69	116	.	.	PUNCT
fbem-21416	70	1	financial	financial	ADJ
fbem-21416	70	2	assets	asset	NOUN
fbem-21416	70	3	and	and	CCONJ
fbem-21416	70	4	other	other	ADJ
fbem-21416	70	5	asset	asset	NOUN
fbem-21416	70	6	holdings	holding	NOUN
fbem-21416	70	7	in	in	ADP
fbem-21416	70	8	general	general	ADJ
fbem-21416	70	9	show	show	VERB
fbem-21416	70	10	an	an	DET
fbem-21416	70	11	upward	upward	ADJ
fbem-21416	70	12	trend	trend	NOUN
fbem-21416	70	13	,	,	PUNCT
fbem-21416	70	14	in	in	ADP
fbem-21416	70	15	which	which	PRON
fbem-21416	70	16	the	the	DET
fbem-21416	70	17	proportion	proportion	NOUN
fbem-21416	70	18	of	of	ADP
fbem-21416	70	19	financial	financial	ADJ
fbem-21416	70	20	asset	asset	NOUN
fbem-21416	70	21	holdings	holding	NOUN
fbem-21416	70	22	remains	remain	VERB
fbem-21416	70	23	high	high	ADJ
fbem-21416	70	24	,	,	PUNCT
fbem-21416	70	25	of	of	ADP
fbem-21416	70	26	which	which	PRON
fbem-21416	70	27	in	in	ADP
fbem-21416	70	28	2015	2015	NUM
fbem-21416	70	29	it	it	PRON
fbem-21416	70	30	reached	reach	VERB
fbem-21416	70	31	the	the	DET
fbem-21416	70	32	peak	peak	NOUN
fbem-21416	70	33	of	of	ADP
fbem-21416	70	34	57.81	57.81	NUM
fbem-21416	70	35	%	%	NOUN
fbem-21416	70	36	in	in	ADP
fbem-21416	70	37	the	the	DET
fbem-21416	70	38	last	last	ADJ
fbem-21416	70	39	decade	decade	NOUN
fbem-21416	70	40	,	,	PUNCT
fbem-21416	70	41	until	until	ADP
fbem-21416	70	42	the	the	DET
fbem-21416	70	43	beginning	beginning	NOUN
fbem-21416	70	44	of	of	ADP
fbem-21416	70	45	a	a	DET
fbem-21416	70	46	downward	downward	ADJ
fbem-21416	70	47	trend	trend	NOUN
fbem-21416	70	48	in	in	ADP
fbem-21416	70	49	recent	recent	ADJ
fbem-21416	70	50	years.it	years.it	NOUN
fbem-21416	70	51	can	can	AUX
fbem-21416	70	52	be	be	AUX
fbem-21416	70	53	seen	see	VERB
fbem-21416	70	54	that	that	SCONJ
fbem-21416	70	55	huamao	huamao	PROPN
fbem-21416	70	56	shares	share	NOUN
fbem-21416	70	57	gradually	gradually	ADV
fbem-21416	70	58	increase	increase	VERB
fbem-21416	70	59	in	in	ADP
fbem-21416	70	60	height	height	NOUN
fbem-21416	70	61	and	and	CCONJ
fbem-21416	70	62	the	the	DET
fbem-21416	70	63	trend	trend	NOUN
fbem-21416	70	64	of	of	ADP
fbem-21416	70	65	financialization	financialization	NOUN
fbem-21416	70	66	is	be	AUX
fbem-21416	70	67	increasing	increase	VERB
fbem-21416	70	68	.	.	PUNCT
fbem-21416	71	1	in	in	ADP
fbem-21416	71	2	this	this	DET
fbem-21416	71	3	paper	paper	NOUN
fbem-21416	71	4	,	,	PUNCT
fbem-21416	71	5	with	with	ADP
fbem-21416	71	6	reference	reference	NOUN
fbem-21416	71	7	to	to	ADP
fbem-21416	71	8	the	the	DET
fbem-21416	71	9	data	datum	NOUN
fbem-21416	71	10	of	of	ADP
fbem-21416	71	11	financial	financial	ADJ
fbem-21416	71	12	financing	financing	NOUN
fbem-21416	71	13	holdings	holding	NOUN
fbem-21416	71	14	and	and	CCONJ
fbem-21416	71	15	the	the	DET
fbem-21416	71	16	proportion	proportion	NOUN
fbem-21416	71	17	of	of	ADP
fbem-21416	71	18	financial	financial	ADJ
fbem-21416	71	19	assets	asset	NOUN
fbem-21416	71	20	of	of	ADP
fbem-21416	71	21	huamao	huamao	PROPN
fbem-21416	71	22	company	company	NOUN
fbem-21416	71	23	limited	limit	VERB
fbem-21416	71	24	from	from	ADP
fbem-21416	71	25	2010	2010	NUM
fbem-21416	71	26	to	to	ADP
fbem-21416	71	27	2022	2022	NUM
fbem-21416	71	28	,	,	PUNCT
fbem-21416	71	29	and	and	CCONJ
fbem-21416	71	30	taking	take	VERB
fbem-21416	71	31	2014	2014	NUM
fbem-21416	71	32	and	and	CCONJ
fbem-21416	71	33	2019	2019	NUM
fbem-21416	71	34	as	as	ADP
fbem-21416	71	35	the	the	DET
fbem-21416	71	36	time	time	NOUN
fbem-21416	71	37	nodes	nod	VERB
fbem-21416	71	38	,	,	PUNCT
fbem-21416	71	39	the	the	DET
fbem-21416	71	40	process	process	NOUN
fbem-21416	71	41	of	of	ADP
fbem-21416	71	42	financialization	financialization	NOUN
fbem-21416	71	43	in	in	ADP
fbem-21416	71	44	more	more	ADJ
fbem-21416	71	45	than	than	ADP
fbem-21416	71	46	ten	ten	NUM
fbem-21416	71	47	years	year	NOUN
fbem-21416	71	48	is	be	AUX
fbem-21416	71	49	divided	divide	VERB
fbem-21416	71	50	into	into	ADP
fbem-21416	71	51	two	two	NUM
fbem-21416	71	52	major	major	ADJ
fbem-21416	71	53	stages	stage	NOUN
fbem-21416	71	54	,	,	PUNCT
fbem-21416	71	55	namely	namely	ADV
fbem-21416	71	56	,	,	PUNCT
fbem-21416	71	57	financialization	financialization	NOUN
fbem-21416	71	58	stage	stage	NOUN
fbem-21416	71	59	(	(	PUNCT
fbem-21416	71	60	2010	2010	NUM
fbem-21416	71	61	2019	2019	NUM
fbem-21416	71	62	)	)	PUNCT
fbem-21416	71	63	and	and	CCONJ
fbem-21416	71	64	de	de	ADJ
fbem-21416	71	65	-	-	NOUN
fbem-21416	71	66	financialization	financialization	NOUN
fbem-21416	71	67	stage	stage	NOUN
fbem-21416	71	68	(	(	PUNCT
fbem-21416	71	69	2020	2020	NUM
fbem-21416	71	70	present	present	ADJ
fbem-21416	71	71	)	)	PUNCT
fbem-21416	71	72	.	.	PUNCT
fbem-21416	72	1	-2019	-2019	VERB
fbem-21416	72	2	)	)	PUNCT
fbem-21416	73	1	and	and	CCONJ
fbem-21416	73	2	definancialization	definancialization	NOUN
fbem-21416	73	3	stage	stage	NOUN
fbem-21416	73	4	(	(	PUNCT
fbem-21416	73	5	2020	2020	NUM
fbem-21416	73	6	nowadays	nowadays	ADV
fbem-21416	73	7	)	)	PUNCT
fbem-21416	73	8	two	two	NUM
fbem-21416	73	9	major	major	ADJ
fbem-21416	73	10	stages	stage	NOUN
fbem-21416	73	11	,	,	PUNCT
fbem-21416	73	12	the	the	DET
fbem-21416	73	13	degree	degree	NOUN
fbem-21416	73	14	of	of	ADP
fbem-21416	73	15	financialization	financialization	NOUN
fbem-21416	73	16	of	of	ADP
fbem-21416	73	17	these	these	DET
fbem-21416	73	18	three	three	NUM
fbem-21416	73	19	stages	stage	NOUN
fbem-21416	73	20	to	to	PART
fbem-21416	73	21	measure	measure	VERB
fbem-21416	73	22	,	,	PUNCT
fbem-21416	73	23	choose	choose	VERB
fbem-21416	73	24	a	a	DET
fbem-21416	73	25	more	more	ADV
fbem-21416	73	26	objective	objective	ADJ
fbem-21416	73	27	entropy	entropy	NOUN
fbem-21416	73	28	value	value	NOUN
fbem-21416	73	29	method	method	NOUN
fbem-21416	73	30	to	to	PART
fbem-21416	73	31	analyze	analyze	VERB
fbem-21416	73	32	the	the	DET
fbem-21416	73	33	financial	financial	ADJ
fbem-21416	73	34	performance	performance	NOUN
fbem-21416	73	35	of	of	ADP
fbem-21416	73	36	huamao	huamao	PROPN
fbem-21416	73	37	shares	share	NOUN
fbem-21416	73	38	.	.	PUNCT
fbem-21416	74	1	in	in	ADP
fbem-21416	74	2	addition	addition	NOUN
fbem-21416	74	3	,	,	PUNCT
fbem-21416	74	4	special	special	ADJ
fbem-21416	74	5	attention	attention	NOUN
fbem-21416	74	6	is	be	AUX
fbem-21416	74	7	paid	pay	VERB
fbem-21416	74	8	to	to	ADP
fbem-21416	74	9	the	the	DET
fbem-21416	74	10	mutation	mutation	NOUN
fbem-21416	74	11	point	point	NOUN
fbem-21416	74	12	financialization	financialization	NOUN
fbem-21416	74	13	events	event	NOUN
fbem-21416	74	14	in	in	ADP
fbem-21416	74	15	each	each	DET
fbem-21416	74	16	stage	stage	NOUN
fbem-21416	74	17	.	.	PUNCT
fbem-21416	75	1	figure	figure	VERB
fbem-21416	75	2	3	3	NUM
fbem-21416	75	3	.	.	PUNCT
fbem-21416	76	1	non	non	ADJ
fbem-21416	76	2	-	-	ADJ
fbem-21416	76	3	linear	linear	ADJ
fbem-21416	76	4	financialization	financialization	NOUN
fbem-21416	76	5	trajectory	trajectory	NOUN
fbem-21416	76	6	of	of	ADP
fbem-21416	76	7	huamao	huamao	PROPN
fbem-21416	76	8	stock	stock	NOUN
fbem-21416	76	9	4	4	NUM
fbem-21416	76	10	.	.	PUNCT
fbem-21416	76	11	financial	financial	ADJ
fbem-21416	76	12	performance	performance	NOUN
fbem-21416	76	13	analysis	analysis	NOUN
fbem-21416	76	14	of	of	ADP
fbem-21416	76	15	huamao	huamao	PROPN
fbem-21416	76	16	's	's	PART
fbem-21416	76	17	financialization	financialization	NOUN
fbem-21416	76	18	under	under	ADP
fbem-21416	76	19	entropy	entropy	PROPN
fbem-21416	76	20	value	value	NOUN
fbem-21416	76	21	method	method	NOUN
fbem-21416	76	22	4.1	4.1	NUM
fbem-21416	76	23	.	.	PUNCT
fbem-21416	77	1	financial	financial	ADJ
fbem-21416	77	2	performance	performance	NOUN
fbem-21416	77	3	evaluation	evaluation	NOUN
fbem-21416	77	4	design	design	NOUN
fbem-21416	77	5	this	this	DET
fbem-21416	77	6	paper	paper	NOUN
fbem-21416	77	7	applies	apply	VERB
fbem-21416	77	8	entropy	entropy	VERB
fbem-21416	77	9	weight	weight	NOUN
fbem-21416	77	10	method	method	NOUN
fbem-21416	77	11	to	to	PART
fbem-21416	77	12	analyze	analyze	VERB
fbem-21416	77	13	the	the	DET
fbem-21416	77	14	financial	financial	ADJ
fbem-21416	77	15	performance	performance	NOUN
fbem-21416	77	16	of	of	ADP
fbem-21416	77	17	huamao	huamao	PROPN
fbem-21416	77	18	stock	stock	NOUN
fbem-21416	77	19	vertically	vertically	ADV
fbem-21416	77	20	.	.	PUNCT
fbem-21416	78	1	entropy	entropy	PROPN
fbem-21416	78	2	weight	weight	NOUN
fbem-21416	78	3	method	method	NOUN
fbem-21416	78	4	is	be	AUX
fbem-21416	78	5	a	a	DET
fbem-21416	78	6	method	method	NOUN
fbem-21416	78	7	to	to	PART
fbem-21416	78	8	objectively	objectively	ADV
fbem-21416	78	9	assign	assign	VERB
fbem-21416	78	10	values	value	NOUN
fbem-21416	78	11	to	to	ADP
fbem-21416	78	12	indicators	indicator	NOUN
fbem-21416	78	13	according	accord	VERB
fbem-21416	78	14	to	to	ADP
fbem-21416	78	15	the	the	DET
fbem-21416	78	16	size	size	NOUN
fbem-21416	78	17	of	of	ADP
fbem-21416	78	18	information	information	NOUN
fbem-21416	78	19	entropy	entropy	NOUN
fbem-21416	78	20	of	of	ADP
fbem-21416	78	21	indicators	indicator	NOUN
fbem-21416	78	22	.	.	PUNCT
fbem-21416	79	1	the	the	DET
fbem-21416	79	2	smaller	small	ADJ
fbem-21416	79	3	the	the	DET
fbem-21416	79	4	information	information	NOUN
fbem-21416	79	5	entropy	entropy	NOUN
fbem-21416	79	6	is	be	AUX
fbem-21416	79	7	,	,	PUNCT
fbem-21416	79	8	the	the	PRON
fbem-21416	79	9	greater	great	ADJ
fbem-21416	79	10	the	the	DET
fbem-21416	79	11	discrete	discrete	ADJ
fbem-21416	79	12	degree	degree	NOUN
fbem-21416	79	13	of	of	ADP
fbem-21416	79	14	the	the	DET
fbem-21416	79	15	indicator	indicator	NOUN
fbem-21416	79	16	is	be	AUX
fbem-21416	79	17	,	,	PUNCT
fbem-21416	79	18	the	the	DET
fbem-21416	79	19	more	more	ADJ
fbem-21416	79	20	information	information	NOUN
fbem-21416	79	21	it	it	PRON
fbem-21416	79	22	contains	contain	VERB
fbem-21416	79	23	,	,	PUNCT
fbem-21416	79	24	and	and	CCONJ
fbem-21416	79	25	the	the	PRON
fbem-21416	79	26	greater	great	ADJ
fbem-21416	79	27	the	the	DET
fbem-21416	79	28	weight	weight	NOUN
fbem-21416	80	1	it	it	PRON
fbem-21416	80	2	is	be	AUX
fbem-21416	80	3	given	give	VERB
fbem-21416	80	4	.	.	PUNCT
fbem-21416	81	1	this	this	DET
fbem-21416	81	2	paper	paper	NOUN
fbem-21416	81	3	carries	carry	VERB
fbem-21416	81	4	out	out	ADP
fbem-21416	81	5	research	research	NOUN
fbem-21416	81	6	and	and	CCONJ
fbem-21416	81	7	analysis	analysis	NOUN
fbem-21416	81	8	based	base	VERB
fbem-21416	81	9	on	on	ADP
fbem-21416	81	10	the	the	DET
fbem-21416	81	11	enterprise	enterprise	NOUN
fbem-21416	81	12	performance	performance	NOUN
fbem-21416	81	13	evaluation	evaluation	NOUN
fbem-21416	81	14	standard	standard	ADJ
fbem-21416	81	15	system	system	NOUN
fbem-21416	81	16	compiled	compile	VERB
fbem-21416	81	17	by	by	ADP
fbem-21416	81	18	the	the	DET
fbem-21416	81	19	state	state	PROPN
fbem-21416	81	20	council	council	PROPN
fbem-21416	81	21	state	state	NOUN
fbem-21416	81	22	-	-	PUNCT
fbem-21416	81	23	owned	own	VERB
fbem-21416	81	24	assets	asset	NOUN
fbem-21416	81	25	supervision	supervision	NOUN
fbem-21416	81	26	and	and	CCONJ
fbem-21416	81	27	administration	administration	PROPN
fbem-21416	81	28	commission	commission	PROPN
fbem-21416	81	29	(	(	PUNCT
fbem-21416	81	30	sasac	sasac	NOUN
fbem-21416	81	31	)	)	PUNCT
fbem-21416	81	32	,	,	PUNCT
fbem-21416	81	33	and	and	CCONJ
fbem-21416	81	34	the	the	DET
fbem-21416	81	35	specific	specific	ADJ
fbem-21416	81	36	evaluation	evaluation	NOUN
fbem-21416	81	37	indexes	index	NOUN
fbem-21416	81	38	are	be	AUX
fbem-21416	81	39	shown	show	VERB
fbem-21416	81	40	in	in	ADP
fbem-21416	81	41	table	table	NOUN
fbem-21416	81	42	2	2	NUM
fbem-21416	81	43	.	.	PUNCT
fbem-21416	81	44	table	table	NOUN
fbem-21416	81	45	2	2	NUM
fbem-21416	81	46	.	.	PUNCT
fbem-21416	81	47	performance	performance	NOUN
fbem-21416	81	48	evaluation	evaluation	NOUN
fbem-21416	81	49	index	index	NOUN
fbem-21416	81	50	system	system	NOUN
fbem-21416	81	51	of	of	ADP
fbem-21416	81	52	huamao	huamao	PROPN
fbem-21416	81	53	stocks	stock	NOUN
fbem-21416	81	54	119	119	NUM
fbem-21416	81	55	this	this	DET
fbem-21416	81	56	paper	paper	NOUN
fbem-21416	81	57	selects	select	VERB
fbem-21416	81	58	the	the	DET
fbem-21416	81	59	relevant	relevant	ADJ
fbem-21416	81	60	data	datum	NOUN
fbem-21416	81	61	of	of	ADP
fbem-21416	81	62	huamao	huamao	PROPN
fbem-21416	81	63	stock	stock	NOUN
fbem-21416	81	64	from	from	ADP
fbem-21416	81	65	2010	2010	NUM
fbem-21416	81	66	to	to	ADP
fbem-21416	81	67	2022	2022	NUM
fbem-21416	81	68	,	,	PUNCT
fbem-21416	81	69	and	and	CCONJ
fbem-21416	81	70	the	the	DET
fbem-21416	81	71	data	datum	NOUN
fbem-21416	81	72	are	be	AUX
fbem-21416	81	73	mainly	mainly	ADV
fbem-21416	81	74	from	from	ADP
fbem-21416	81	75	the	the	DET
fbem-21416	81	76	database	database	NOUN
fbem-21416	81	77	of	of	ADP
fbem-21416	81	78	guotaian	guotaian	PROPN
fbem-21416	81	79	.	.	PUNCT
fbem-21416	82	1	the	the	DET
fbem-21416	82	2	performance	performance	NOUN
fbem-21416	82	3	index	index	NOUN
fbem-21416	82	4	construction	construction	NOUN
fbem-21416	82	5	model	model	NOUN
fbem-21416	82	6	and	and	CCONJ
fbem-21416	82	7	steps	step	NOUN
fbem-21416	82	8	are	be	AUX
fbem-21416	82	9	as	as	SCONJ
fbem-21416	82	10	follows	follow	VERB
fbem-21416	82	11	:	:	PUNCT
fbem-21416	82	12	first	first	ADV
fbem-21416	82	13	,	,	PUNCT
fbem-21416	82	14	the	the	DET
fbem-21416	82	15	original	original	ADJ
fbem-21416	82	16	data	datum	NOUN
fbem-21416	82	17	are	be	AUX
fbem-21416	82	18	standardized	standardize	VERB
fbem-21416	82	19	.	.	PUNCT
fbem-21416	83	1	specifically	specifically	ADV
fbem-21416	83	2	,	,	PUNCT
fbem-21416	83	3	the	the	DET
fbem-21416	83	4	original	original	ADJ
fbem-21416	83	5	data	datum	NOUN
fbem-21416	83	6	are	be	AUX
fbem-21416	83	7	processed	process	VERB
fbem-21416	83	8	without	without	ADP
fbem-21416	83	9	dimension	dimension	NOUN
fbem-21416	83	10	using	use	VERB
fbem-21416	83	11	the	the	DET
fbem-21416	83	12	extreme	extreme	ADJ
fbem-21416	83	13	value	value	NOUN
fbem-21416	83	14	method	method	NOUN
fbem-21416	83	15	.	.	PUNCT
fbem-21416	84	1	positive	positive	ADJ
fbem-21416	84	2	indicators	indicator	NOUN
fbem-21416	84	3	use	use	VERB
fbem-21416	84	4	the	the	DET
fbem-21416	84	5	formula	formula	NOUN
fbem-21416	84	6	negative	negative	ADJ
fbem-21416	84	7	indicators	indicator	NOUN
fbem-21416	84	8	use	use	VERB
fbem-21416	84	9	the	the	DET
fbem-21416	84	10	formula	formula	NOUN
fbem-21416	84	11	where	where	SCONJ
fbem-21416	84	12	xij	xij	PRON
fbem-21416	84	13	is	be	AUX
fbem-21416	84	14	the	the	DET
fbem-21416	84	15	jth	jth	PROPN
fbem-21416	84	16	indicator	indicator	NOUN
fbem-21416	84	17	of	of	ADP
fbem-21416	84	18	the	the	DET
fbem-21416	84	19	i	i	PROPN
fbem-21416	84	20	-	-	PUNCT
fbem-21416	84	21	th	th	NUM
fbem-21416	84	22	year	year	NOUN
fbem-21416	84	23	.	.	PUNCT
fbem-21416	85	1	in	in	ADP
fbem-21416	85	2	this	this	DET
fbem-21416	85	3	paper	paper	NOUN
fbem-21416	85	4	,	,	PUNCT
fbem-21416	85	5	only	only	ADV
fbem-21416	85	6	the	the	DET
fbem-21416	85	7	gearing	gear	VERB
fbem-21416	85	8	ratio	ratio	NOUN
fbem-21416	85	9	is	be	AUX
fbem-21416	85	10	a	a	DET
fbem-21416	85	11	negative	negative	ADJ
fbem-21416	85	12	indicator	indicator	NOUN
fbem-21416	85	13	,	,	PUNCT
fbem-21416	85	14	and	and	CCONJ
fbem-21416	85	15	the	the	DET
fbem-21416	85	16	rest	rest	NOUN
fbem-21416	85	17	are	be	AUX
fbem-21416	85	18	positive	positive	ADJ
fbem-21416	85	19	indicators	indicator	NOUN
fbem-21416	85	20	.	.	PUNCT
fbem-21416	86	1	in	in	ADP
fbem-21416	86	2	addition	addition	NOUN
fbem-21416	86	3	,	,	PUNCT
fbem-21416	86	4	entropy	entropy	NOUN
fbem-21416	86	5	value	value	NOUN
fbem-21416	86	6	method	method	NOUN
fbem-21416	86	7	in	in	ADP
fbem-21416	86	8	the	the	DET
fbem-21416	86	9	subsequent	subsequent	ADJ
fbem-21416	86	10	calculation	calculation	NOUN
fbem-21416	86	11	process	process	NOUN
fbem-21416	86	12	to	to	PART
fbem-21416	86	13	take	take	VERB
fbem-21416	86	14	the	the	DET
fbem-21416	86	15	logarithm	logarithm	NOUN
fbem-21416	86	16	,	,	PUNCT
fbem-21416	86	17	the	the	DET
fbem-21416	86	18	indicator	indicator	NOUN
fbem-21416	86	19	data	datum	NOUN
fbem-21416	86	20	can	can	AUX
fbem-21416	86	21	not	not	PART
fbem-21416	86	22	appear	appear	VERB
fbem-21416	86	23	0	0	NUM
fbem-21416	86	24	,	,	PUNCT
fbem-21416	86	25	in	in	ADP
fbem-21416	86	26	order	order	NOUN
fbem-21416	86	27	to	to	PART
fbem-21416	86	28	make	make	VERB
fbem-21416	86	29	the	the	DET
fbem-21416	86	30	logarithmic	logarithmic	ADJ
fbem-21416	86	31	calculation	calculation	NOUN
fbem-21416	86	32	meaningful	meaningful	ADJ
fbem-21416	86	33	,	,	PUNCT
fbem-21416	86	34	need	need	VERB
fbem-21416	86	35	to	to	PART
fbem-21416	86	36	be	be	AUX
fbem-21416	86	37	dimensionless	dimensionless	ADJ
fbem-21416	86	38	after	after	ADP
fbem-21416	86	39	the	the	DET
fbem-21416	86	40	data	datum	NOUN
fbem-21416	86	41	as	as	ADP
fbem-21416	86	42	a	a	DET
fbem-21416	86	43	whole	whole	ADJ
fbem-21416	86	44	shift	shift	NOUN
fbem-21416	86	45	0.0001	0.0001	NUM
fbem-21416	86	46	,	,	PUNCT
fbem-21416	86	47	as	as	ADV
fbem-21416	86	48	far	far	ADV
fbem-21416	86	49	as	as	ADP
fbem-21416	86	50	possible	possible	ADJ
fbem-21416	86	51	to	to	PART
fbem-21416	86	52	reduce	reduce	VERB
fbem-21416	86	53	the	the	DET
fbem-21416	86	54	impact	impact	NOUN
fbem-21416	86	55	on	on	ADP
fbem-21416	86	56	the	the	DET
fbem-21416	86	57	final	final	ADJ
fbem-21416	86	58	results	result	NOUN
fbem-21416	86	59	.	.	PUNCT
fbem-21416	87	1	second	second	ADV
fbem-21416	87	2	,	,	PUNCT
fbem-21416	87	3	the	the	DET
fbem-21416	87	4	indicators	indicator	NOUN
fbem-21416	87	5	will	will	AUX
fbem-21416	87	6	be	be	AUX
fbem-21416	87	7	dimensionless	dimensionless	NOUN
fbem-21416	87	8	.	.	PUNCT
fbem-21416	88	1	using	use	VERB
fbem-21416	88	2	the	the	DET
fbem-21416	88	3	formula	formula	NOUN
fbem-21416	88	4	third	third	ADV
fbem-21416	88	5	,	,	PUNCT
fbem-21416	88	6	calculate	calculate	VERB
fbem-21416	88	7	the	the	DET
fbem-21416	88	8	entropy	entropy	NOUN
fbem-21416	88	9	value	value	NOUN
fbem-21416	88	10	of	of	ADP
fbem-21416	88	11	each	each	DET
fbem-21416	88	12	indicator	indicator	NOUN
fbem-21416	88	13	.	.	PUNCT
fbem-21416	89	1	applying	apply	VERB
fbem-21416	89	2	the	the	DET
fbem-21416	89	3	formula	formula	NOUN
fbem-21416	89	4	fourth	fourth	ADV
fbem-21416	89	5	,	,	PUNCT
fbem-21416	89	6	the	the	DET
fbem-21416	89	7	coefficient	coefficient	NOUN
fbem-21416	89	8	of	of	ADP
fbem-21416	89	9	variation	variation	NOUN
fbem-21416	89	10	is	be	AUX
fbem-21416	89	11	calculated	calculate	VERB
fbem-21416	89	12	,	,	PUNCT
fbem-21416	89	13	applying	apply	VERB
fbem-21416	89	14	the	the	DET
fbem-21416	89	15	formula	formula	NOUN
fbem-21416	89	16	fifth	fifth	NOUN
fbem-21416	89	17	,	,	PUNCT
fbem-21416	89	18	determine	determine	VERB
fbem-21416	89	19	the	the	DET
fbem-21416	89	20	weights	weight	NOUN
fbem-21416	89	21	of	of	ADP
fbem-21416	89	22	the	the	DET
fbem-21416	89	23	evaluation	evaluation	NOUN
fbem-21416	89	24	indicators	indicator	NOUN
fbem-21416	89	25	,	,	PUNCT
fbem-21416	89	26	applying	apply	VERB
fbem-21416	89	27	the	the	DET
fbem-21416	89	28	formula	formula	NOUN
fbem-21416	89	29	sixth	sixth	ADJ
fbem-21416	89	30	,	,	PUNCT
fbem-21416	89	31	calculate	calculate	VERB
fbem-21416	89	32	the	the	DET
fbem-21416	89	33	comprehensive	comprehensive	ADJ
fbem-21416	89	34	index	index	NOUN
fbem-21416	89	35	value	value	NOUN
fbem-21416	89	36	.	.	PUNCT
fbem-21416	90	1	calculate	calculate	VERB
fbem-21416	90	2	the	the	DET
fbem-21416	90	3	comprehensive	comprehensive	ADJ
fbem-21416	90	4	value	value	NOUN
fbem-21416	90	5	of	of	ADP
fbem-21416	90	6	each	each	DET
fbem-21416	90	7	indicator	indicator	NOUN
fbem-21416	90	8	in	in	ADP
fbem-21416	90	9	each	each	DET
fbem-21416	90	10	year	year	NOUN
fbem-21416	90	11	,	,	PUNCT
fbem-21416	90	12	then	then	ADV
fbem-21416	90	13	add	add	VERB
fbem-21416	90	14	up	up	ADP
fbem-21416	90	15	the	the	DET
fbem-21416	90	16	comprehensive	comprehensive	ADJ
fbem-21416	90	17	value	value	NOUN
fbem-21416	90	18	of	of	ADP
fbem-21416	90	19	each	each	DET
fbem-21416	90	20	year	year	NOUN
fbem-21416	90	21	representing	represent	VERB
fbem-21416	90	22	the	the	DET
fbem-21416	90	23	five	five	NUM
fbem-21416	90	24	competencies	competency	NOUN
fbem-21416	90	25	to	to	PART
fbem-21416	90	26	get	get	VERB
fbem-21416	90	27	the	the	DET
fbem-21416	90	28	comprehensive	comprehensive	ADJ
fbem-21416	90	29	value	value	NOUN
fbem-21416	90	30	of	of	ADP
fbem-21416	90	31	the	the	DET
fbem-21416	90	32	five	five	NUM
fbem-21416	90	33	competencies	competency	NOUN
fbem-21416	90	34	in	in	ADP
fbem-21416	90	35	five	five	NUM
fbem-21416	90	36	years	year	NOUN
fbem-21416	90	37	,	,	PUNCT
fbem-21416	90	38	and	and	CCONJ
fbem-21416	90	39	finally	finally	ADV
fbem-21416	90	40	add	add	VERB
fbem-21416	90	41	up	up	ADP
fbem-21416	90	42	to	to	PART
fbem-21416	90	43	get	get	VERB
fbem-21416	90	44	the	the	DET
fbem-21416	90	45	comprehensive	comprehensive	ADJ
fbem-21416	90	46	score	score	NOUN
fbem-21416	90	47	value	value	NOUN
fbem-21416	90	48	of	of	ADP
fbem-21416	90	49	huamao	huamao	PROPN
fbem-21416	90	50	stocks	stock	NOUN
fbem-21416	90	51	in	in	ADP
fbem-21416	90	52	each	each	DET
fbem-21416	90	53	year	year	NOUN
fbem-21416	90	54	and	and	CCONJ
fbem-21416	90	55	rank	rank	VERB
fbem-21416	90	56	them	they	PRON
fbem-21416	90	57	.	.	PUNCT
fbem-21416	91	1	4.2	4.2	NUM
fbem-21416	91	2	.	.	PUNCT
fbem-21416	91	3	comprehensive	comprehensive	ADJ
fbem-21416	91	4	performance	performance	NOUN
fbem-21416	91	5	the	the	DET
fbem-21416	91	6	trend	trend	NOUN
fbem-21416	91	7	of	of	ADP
fbem-21416	91	8	the	the	DET
fbem-21416	91	9	comprehensive	comprehensive	ADJ
fbem-21416	91	10	performance	performance	NOUN
fbem-21416	91	11	evaluation	evaluation	NOUN
fbem-21416	91	12	index	index	NOUN
fbem-21416	91	13	of	of	ADP
fbem-21416	91	14	huamao	huamao	PROPN
fbem-21416	91	15	shares	share	NOUN
fbem-21416	91	16	from	from	ADP
fbem-21416	91	17	2010	2010	NUM
fbem-21416	91	18	to	to	ADP
fbem-21416	91	19	2022	2022	NUM
fbem-21416	91	20	is	be	AUX
fbem-21416	91	21	shown	show	VERB
fbem-21416	91	22	in	in	ADP
fbem-21416	91	23	fig	fig	NOUN
fbem-21416	91	24	.	.	PUNCT
fbem-21416	92	1	4	4	NUM
fbem-21416	92	2	.	.	X
fbem-21416	92	3	from	from	ADP
fbem-21416	92	4	fig	fig	NOUN
fbem-21416	92	5	.	.	PUNCT
fbem-21416	93	1	4	4	NUM
fbem-21416	93	2	,	,	PUNCT
fbem-21416	93	3	it	it	PRON
fbem-21416	93	4	can	can	AUX
fbem-21416	93	5	be	be	AUX
fbem-21416	93	6	seen	see	VERB
fbem-21416	93	7	that	that	SCONJ
fbem-21416	93	8	from	from	ADP
fbem-21416	93	9	2010	2010	NUM
fbem-21416	93	10	to	to	ADP
fbem-21416	93	11	2014	2014	NUM
fbem-21416	93	12	,	,	PUNCT
fbem-21416	93	13	the	the	DET
fbem-21416	93	14	degree	degree	NOUN
fbem-21416	93	15	of	of	ADP
fbem-21416	93	16	financialization	financialization	NOUN
fbem-21416	93	17	of	of	ADP
fbem-21416	93	18	huamao	huamao	PROPN
fbem-21416	93	19	shares	share	NOUN
fbem-21416	93	20	basically	basically	ADV
fbem-21416	93	21	realizes	realize	VERB
fbem-21416	93	22	the	the	DET
fbem-21416	93	23	same	same	ADJ
fbem-21416	93	24	-	-	PUNCT
fbem-21416	93	25	direction	direction	NOUN
fbem-21416	93	26	change	change	NOUN
fbem-21416	93	27	with	with	ADP
fbem-21416	93	28	the	the	DET
fbem-21416	93	29	comprehensive	comprehensive	ADJ
fbem-21416	93	30	score	score	NOUN
fbem-21416	93	31	and	and	CCONJ
fbem-21416	93	32	the	the	DET
fbem-21416	93	33	development	development	NOUN
fbem-21416	93	34	ability	ability	NOUN
fbem-21416	93	35	;	;	PUNCT
fbem-21416	93	36	from	from	ADP
fbem-21416	93	37	2015	2015	NUM
fbem-21416	93	38	to	to	ADP
fbem-21416	93	39	2019	2019	NUM
fbem-21416	93	40	,	,	PUNCT
fbem-21416	93	41	the	the	DET
fbem-21416	93	42	degree	degree	NOUN
fbem-21416	93	43	of	of	ADP
fbem-21416	93	44	financialization	financialization	NOUN
fbem-21416	93	45	of	of	ADP
fbem-21416	93	46	huamao	huamao	PROPN
fbem-21416	93	47	shares	share	NOUN
fbem-21416	93	48	and	and	CCONJ
fbem-21416	93	49	the	the	DET
fbem-21416	93	50	comprehensive	comprehensive	ADJ
fbem-21416	93	51	score	score	NOUN
fbem-21416	93	52	,	,	PUNCT
fbem-21416	93	53	development	development	NOUN
fbem-21416	93	54	ability	ability	NOUN
fbem-21416	93	55	basically	basically	ADV
fbem-21416	93	56	realize	realize	VERB
fbem-21416	93	57	reverse	reverse	ADJ
fbem-21416	93	58	movement	movement	NOUN
fbem-21416	93	59	,	,	PUNCT
fbem-21416	93	60	when	when	SCONJ
fbem-21416	93	61	the	the	DET
fbem-21416	93	62	degree	degree	NOUN
fbem-21416	93	63	of	of	ADP
fbem-21416	93	64	financialization	financialization	NOUN
fbem-21416	93	65	rises	rise	NOUN
fbem-21416	93	66	,	,	PUNCT
fbem-21416	93	67	the	the	DET
fbem-21416	93	68	comprehensive	comprehensive	ADJ
fbem-21416	93	69	score	score	NOUN
fbem-21416	93	70	and	and	CCONJ
fbem-21416	93	71	development	development	NOUN
fbem-21416	93	72	ability	ability	NOUN
fbem-21416	93	73	instead	instead	ADV
fbem-21416	93	74	decline	decline	VERB
fbem-21416	93	75	,	,	PUNCT
fbem-21416	93	76	and	and	CCONJ
fbem-21416	93	77	the	the	DET
fbem-21416	93	78	operation	operation	NOUN
fbem-21416	93	79	ability	ability	NOUN
fbem-21416	93	80	reaches	reach	VERB
fbem-21416	93	81	the	the	DET
fbem-21416	93	82	trough	trough	NOUN
fbem-21416	93	83	when	when	SCONJ
fbem-21416	93	84	the	the	DET
fbem-21416	93	85	degree	degree	NOUN
fbem-21416	93	86	of	of	ADP
fbem-21416	93	87	financialization	financialization	NOUN
fbem-21416	93	88	is	be	AUX
fbem-21416	93	89	at	at	ADP
fbem-21416	93	90	the	the	DET
fbem-21416	93	91	highest	high	ADJ
fbem-21416	93	92	level	level	NOUN
fbem-21416	93	93	;	;	PUNCT
fbem-21416	93	94	by	by	ADP
fbem-21416	93	95	2020	2020	NUM
fbem-21416	93	96	,	,	PUNCT
fbem-21416	93	97	the	the	DET
fbem-21416	93	98	degree	degree	NOUN
fbem-21416	93	99	of	of	ADP
fbem-21416	93	100	financialization	financialization	NOUN
fbem-21416	93	101	of	of	ADP
fbem-21416	93	102	huamao	huamao	PROPN
fbem-21416	93	103	shares	share	NOUN
fbem-21416	93	104	begins	begin	VERB
fbem-21416	93	105	to	to	PART
fbem-21416	93	106	show	show	VERB
fbem-21416	93	107	a	a	DET
fbem-21416	93	108	downward	downward	ADJ
fbem-21416	93	109	trend	trend	NOUN
fbem-21416	93	110	and	and	CCONJ
fbem-21416	93	111	reaches	reach	VERB
fbem-21416	93	112	the	the	DET
fbem-21416	93	113	lowest	low	ADJ
fbem-21416	93	114	in	in	ADP
fbem-21416	93	115	all	all	DET
fbem-21416	93	116	years	year	NOUN
fbem-21416	93	117	in	in	ADP
fbem-21416	93	118	2022	2022	NUM
fbem-21416	93	119	,	,	PUNCT
fbem-21416	93	120	31.76	31.76	NUM
fbem-21416	93	121	%	%	NOUN
fbem-21416	93	122	.	.	PUNCT
fbem-21416	94	1	the	the	DET
fbem-21416	94	2	composite	composite	ADJ
fbem-21416	94	3	index	index	NOUN
fbem-21416	94	4	and	and	CCONJ
fbem-21416	94	5	solvency	solvency	NOUN
fbem-21416	94	6	index	index	NOUN
fbem-21416	94	7	show	show	VERB
fbem-21416	94	8	signs	sign	NOUN
fbem-21416	94	9	of	of	ADP
fbem-21416	94	10	recovery	recovery	NOUN
fbem-21416	94	11	since	since	SCONJ
fbem-21416	94	12	2019.from	2019.from	NUM
fbem-21416	94	13	figure	figure	NOUN
fbem-21416	94	14	4	4	NUM
fbem-21416	94	15	,	,	PUNCT
fbem-21416	94	16	it	it	PRON
fbem-21416	94	17	can	can	AUX
fbem-21416	94	18	be	be	AUX
fbem-21416	94	19	concluded	conclude	VERB
fbem-21416	94	20	that	that	SCONJ
fbem-21416	94	21	the	the	DET
fbem-21416	94	22	weight	weight	NOUN
fbem-21416	94	23	coefficient	coefficient	NOUN
fbem-21416	94	24	of	of	ADP
fbem-21416	94	25	development	development	NOUN
fbem-21416	94	26	ability	ability	NOUN
fbem-21416	94	27	and	and	CCONJ
fbem-21416	94	28	the	the	DET
fbem-21416	94	29	weight	weight	NOUN
fbem-21416	94	30	coefficient	coefficient	NOUN
fbem-21416	94	31	of	of	ADP
fbem-21416	94	32	debt	debt	NOUN
fbem-21416	94	33	-	-	PUNCT
fbem-21416	94	34	servicing	service	VERB
fbem-21416	94	35	ability	ability	NOUN
fbem-21416	94	36	of	of	ADP
fbem-21416	94	37	huamao	huamao	PROPN
fbem-21416	94	38	shares	share	NOUN
fbem-21416	94	39	are	be	AUX
fbem-21416	94	40	higher	high	ADJ
fbem-21416	94	41	,	,	PUNCT
fbem-21416	94	42	which	which	PRON
fbem-21416	94	43	are	be	AUX
fbem-21416	94	44	34.03	34.03	NUM
fbem-21416	94	45	%	%	NOUN
fbem-21416	94	46	and	and	CCONJ
fbem-21416	94	47	26.34	26.34	NUM
fbem-21416	94	48	%	%	NOUN
fbem-21416	94	49	,	,	PUNCT
fbem-21416	94	50	respectively	respectively	ADV
fbem-21416	94	51	,	,	PUNCT
fbem-21416	94	52	indicating	indicate	VERB
fbem-21416	94	53	that	that	SCONJ
fbem-21416	94	54	huamao	huamao	PROPN
fbem-21416	94	55	shares	share	NOUN
fbem-21416	94	56	'	'	PART
fbem-21416	94	57	financial	financial	ADJ
fbem-21416	94	58	performance	performance	NOUN
fbem-21416	94	59	is	be	AUX
fbem-21416	94	60	greatly	greatly	ADV
fbem-21416	94	61	affected	affect	VERB
fbem-21416	94	62	by	by	ADP
fbem-21416	94	63	the	the	DET
fbem-21416	94	64	development	development	NOUN
fbem-21416	94	65	ability	ability	NOUN
fbem-21416	94	66	and	and	CCONJ
fbem-21416	94	67	debt	debt	NOUN
fbem-21416	94	68	-	-	PUNCT
fbem-21416	94	69	servicing	servicing	NOUN
fbem-21416	94	70	ability	ability	NOUN
fbem-21416	94	71	,	,	PUNCT
fbem-21416	94	72	which	which	PRON
fbem-21416	94	73	need	need	VERB
fbem-21416	94	74	to	to	PART
fbem-21416	94	75	be	be	AUX
fbem-21416	94	76	focused	focus	VERB
fbem-21416	94	77	on	on	ADP
fbem-21416	94	78	.	.	PUNCT
fbem-21416	95	1	figure	figure	VERB
fbem-21416	95	2	4	4	NUM
fbem-21416	95	3	.	.	NOUN
fbem-21416	95	4	trend	trend	NOUN
fbem-21416	95	5	of	of	ADP
fbem-21416	95	6	huamao	huamao	PROPN
fbem-21416	95	7	's	's	PART
fbem-21416	95	8	comprehensive	comprehensive	ADJ
fbem-21416	95	9	performance	performance	NOUN
fbem-21416	95	10	evaluation	evaluation	NOUN
fbem-21416	95	11	score	score	NOUN
fbem-21416	95	12	from	from	ADP
fbem-21416	95	13	2010	2010	NUM
fbem-21416	95	14	to	to	ADP
fbem-21416	95	15	2022	2022	NUM
fbem-21416	96	1	min	min	PROPN
fbem-21416	96	2	max	max	PROPN
fbem-21416	96	3	min	min	PROPN
fbem-21416	97	1	ij	ij	INTJ
fbem-21416	98	1	ij	ij	INTJ
fbem-21416	99	1	ij	ij	INTJ
fbem-21416	100	1	ij	ij	INTJ
fbem-21416	101	1	ij	ij	INTJ
fbem-21416	101	2	x	x	X
fbem-21416	101	3	x	x	X
fbem-21416	101	4	y	y	NOUN
fbem-21416	101	5	x	x	PUNCT
fbem-21416	101	6	x	x	SYM
fbem-21416	101	7			PROPN
fbem-21416	101	8			NUM
fbem-21416	101	9			PROPN
fbem-21416	101	10	max	max	PROPN
fbem-21416	101	11	max	max	PROPN
fbem-21416	101	12	min	min	PROPN
fbem-21416	102	1	ij	ij	INTJ
fbem-21416	102	2	ij	ij	INTJ
fbem-21416	102	3	ij	ij	INTJ
fbem-21416	102	4	ij	ij	INTJ
fbem-21416	102	5	ij	ij	INTJ
fbem-21416	102	6	x	x	X
fbem-21416	102	7	x	x	X
fbem-21416	102	8	y	y	NOUN
fbem-21416	102	9	x	x	PUNCT
fbem-21416	102	10	x	x	SYM
fbem-21416	102	11			NOUN
fbem-21416	102	12			PROPN
fbem-21416	102	13			PROPN
fbem-21416	102	14	1	1	NUM
fbem-21416	102	15	ij	ij	NOUN
fbem-21416	102	16	ij	ij	INTJ
fbem-21416	102	17	m	m	ADJ
fbem-21416	103	1	ij	ij	INTJ
fbem-21416	104	1	i	i	PRON
fbem-21416	104	2	y	y	PROPN
fbem-21416	105	1	p	p	NOUN
fbem-21416	105	2	y	y	PROPN
fbem-21416	106	1			NUM
fbem-21416	106	2			NUM
fbem-21416	106	3			NOUN
fbem-21416	106	4	1	1	NUM
fbem-21416	106	5	ln	ln	NOUN
fbem-21416	106	6	m	m	VERB
fbem-21416	106	7	j	j	NOUN
fbem-21416	106	8	ij	ij	INTJ
fbem-21416	107	1	ij	ij	INTJ
fbem-21416	108	1	i	i	NOUN
fbem-21416	108	2	e	e	PROPN
fbem-21416	109	1	k	k	NOUN
fbem-21416	109	2	p	p	X
fbem-21416	110	1	p	p	X
fbem-21416	110	2			PROPN
fbem-21416	110	3			PROPN
fbem-21416	110	4			NOUN
fbem-21416	110	5			X
fbem-21416	110	6	1j	1j	NUM
fbem-21416	110	7	ijg	ijg	NOUN
fbem-21416	110	8	e	e	ADJ
fbem-21416	110	9			PROPN
fbem-21416	110	10	1	1	NUM
fbem-21416	110	11	j	j	PROPN
fbem-21416	110	12	j	j	PROPN
fbem-21416	110	13	n	n	CCONJ
fbem-21416	110	14	j	j	PROPN
fbem-21416	111	1	j	j	PROPN
fbem-21416	111	2	g	g	PROPN
fbem-21416	111	3	w	w	PROPN
fbem-21416	111	4	g	g	PROPN
fbem-21416	111	5			NUM
fbem-21416	111	6			NUM
fbem-21416	111	7			NOUN
fbem-21416	111	8	1	1	NUM
fbem-21416	111	9	(	(	PUNCT
fbem-21416	111	10	)	)	PUNCT
fbem-21416	111	11	(	(	PUNCT
fbem-21416	111	12	1	1	NUM
fbem-21416	111	13	,	,	PUNCT
fbem-21416	111	14	2	2	NUM
fbem-21416	111	15	,	,	PUNCT
fbem-21416	111	16	,	,	PUNCT
fbem-21416	111	17	)	)	PUNCT
fbem-21416	112	1	n	n	CCONJ
fbem-21416	113	1	i	i	PRON
fbem-21416	113	2	j	j	PROPN
fbem-21416	114	1	ij	ij	INTJ
fbem-21416	114	2	j	j	PROPN
fbem-21416	115	1	v	v	INTJ
fbem-21416	115	2	w	w	PROPN
fbem-21416	115	3	p	p	X
fbem-21416	116	1	i	i	PRON
fbem-21416	116	2	m	m	VERB
fbem-21416	116	3			VERB
fbem-21416	117	1			NUM
fbem-21416	117	2			NOUN
fbem-21416	118	1			PROPN
fbem-21416	118	2			PROPN
fbem-21416	118	3	120	120	NUM
fbem-21416	118	4	4.3	4.3	NUM
fbem-21416	118	5	.	.	PUNCT
fbem-21416	119	1	profitability	profitability	NOUN
fbem-21416	119	2	figure	figure	NOUN
fbem-21416	119	3	5	5	NUM
fbem-21416	119	4	.	.	PUNCT
fbem-21416	119	5	profitability	profitability	NOUN
fbem-21416	119	6	index	index	NOUN
fbem-21416	119	7	of	of	ADP
fbem-21416	119	8	huamao	huamao	PROPN
fbem-21416	119	9	shares	share	NOUN
fbem-21416	119	10	the	the	DET
fbem-21416	119	11	profitability	profitability	NOUN
fbem-21416	119	12	score	score	NOUN
fbem-21416	119	13	of	of	ADP
fbem-21416	119	14	huamao	huamao	PROPN
fbem-21416	119	15	shares	share	NOUN
fbem-21416	119	16	from	from	ADP
fbem-21416	119	17	2010	2010	NUM
fbem-21416	119	18	to	to	ADP
fbem-21416	119	19	2022	2022	NUM
fbem-21416	119	20	is	be	AUX
fbem-21416	119	21	shown	show	VERB
fbem-21416	119	22	in	in	ADP
fbem-21416	119	23	figure	figure	NOUN
fbem-21416	119	24	5.from	5.from	NUM
fbem-21416	119	25	the	the	DET
fbem-21416	119	26	general	general	ADJ
fbem-21416	119	27	trend	trend	NOUN
fbem-21416	119	28	of	of	ADP
fbem-21416	119	29	profitability	profitability	NOUN
fbem-21416	119	30	index	index	NOUN
fbem-21416	119	31	,	,	PUNCT
fbem-21416	119	32	the	the	DET
fbem-21416	119	33	index	index	NOUN
fbem-21416	119	34	in	in	ADP
fbem-21416	119	35	the	the	DET
fbem-21416	119	36	financialization	financialization	NOUN
fbem-21416	119	37	stage	stage	NOUN
fbem-21416	119	38	shows	show	VERB
fbem-21416	119	39	a	a	DET
fbem-21416	119	40	fluctuating	fluctuate	VERB
fbem-21416	119	41	downward	downward	ADJ
fbem-21416	119	42	trend	trend	NOUN
fbem-21416	119	43	,	,	PUNCT
fbem-21416	119	44	and	and	CCONJ
fbem-21416	119	45	starts	start	VERB
fbem-21416	119	46	to	to	PART
fbem-21416	119	47	improve	improve	VERB
fbem-21416	119	48	after	after	ADP
fbem-21416	119	49	2019	2019	NUM
fbem-21416	119	50	,	,	PUNCT
fbem-21416	119	51	with	with	ADP
fbem-21416	119	52	extreme	extreme	ADJ
fbem-21416	119	53	values	value	NOUN
fbem-21416	119	54	in	in	ADP
fbem-21416	119	55	2014	2014	NUM
fbem-21416	119	56	and	and	CCONJ
fbem-21416	119	57	2022	2022	NUM
fbem-21416	119	58	.	.	PUNCT
fbem-21416	120	1	combined	combine	VERB
fbem-21416	120	2	with	with	ADP
fbem-21416	120	3	the	the	DET
fbem-21416	120	4	indicators	indicator	NOUN
fbem-21416	120	5	reflecting	reflect	VERB
fbem-21416	120	6	the	the	DET
fbem-21416	120	7	company	company	NOUN
fbem-21416	120	8	's	's	PART
fbem-21416	120	9	profitability	profitability	NOUN
fbem-21416	120	10	is	be	AUX
fbem-21416	120	11	analyzed	analyze	VERB
fbem-21416	120	12	.	.	PUNCT
fbem-21416	121	1	the	the	DET
fbem-21416	121	2	overall	overall	ADJ
fbem-21416	121	3	description	description	NOUN
fbem-21416	121	4	of	of	ADP
fbem-21416	121	5	the	the	DET
fbem-21416	121	6	profitability	profitability	NOUN
fbem-21416	121	7	of	of	ADP
fbem-21416	121	8	its	its	PRON
fbem-21416	121	9	financialization	financialization	NOUN
fbem-21416	121	10	is	be	AUX
fbem-21416	121	11	made	make	VERB
fbem-21416	121	12	through	through	ADP
fbem-21416	121	13	the	the	DET
fbem-21416	121	14	gross	gross	ADJ
fbem-21416	121	15	profit	profit	NOUN
fbem-21416	121	16	margin	margin	NOUN
fbem-21416	121	17	and	and	CCONJ
fbem-21416	121	18	operating	operate	VERB
fbem-21416	121	19	profit	profit	NOUN
fbem-21416	121	20	margin	margin	NOUN
fbem-21416	121	21	of	of	ADP
fbem-21416	121	22	huamao	huamao	PROPN
fbem-21416	121	23	,	,	PUNCT
fbem-21416	121	24	from	from	ADP
fbem-21416	121	25	the	the	DET
fbem-21416	121	26	situation	situation	NOUN
fbem-21416	121	27	of	of	ADP
fbem-21416	121	28	gross	gross	ADJ
fbem-21416	121	29	profit	profit	NOUN
fbem-21416	121	30	margin	margin	NOUN
fbem-21416	121	31	of	of	ADP
fbem-21416	121	32	sales	sale	NOUN
fbem-21416	121	33	,	,	PUNCT
fbem-21416	121	34	the	the	DET
fbem-21416	121	35	gross	gross	ADJ
fbem-21416	121	36	profit	profit	NOUN
fbem-21416	121	37	margin	margin	NOUN
fbem-21416	121	38	of	of	ADP
fbem-21416	121	39	huamao	huamao	PROPN
fbem-21416	121	40	fluctuates	fluctuate	NOUN
fbem-21416	121	41	between	between	ADP
fbem-21416	121	42	5	5	NUM
fbem-21416	121	43	%	%	NOUN
fbem-21416	121	44	and	and	CCONJ
fbem-21416	121	45	10	10	NUM
fbem-21416	121	46	%	%	NOUN
fbem-21416	121	47	in	in	ADP
fbem-21416	121	48	the	the	DET
fbem-21416	121	49	past	past	ADJ
fbem-21416	121	50	ten	ten	NUM
fbem-21416	121	51	years	year	NOUN
fbem-21416	121	52	,	,	PUNCT
fbem-21416	121	53	which	which	PRON
fbem-21416	121	54	is	be	AUX
fbem-21416	121	55	far	far	ADV
fbem-21416	121	56	lower	low	ADJ
fbem-21416	121	57	than	than	ADP
fbem-21416	121	58	the	the	DET
fbem-21416	121	59	average	average	ADJ
fbem-21416	121	60	level	level	NOUN
fbem-21416	121	61	of	of	ADP
fbem-21416	121	62	the	the	DET
fbem-21416	121	63	industry	industry	NOUN
fbem-21416	121	64	,	,	PUNCT
fbem-21416	121	65	which	which	PRON
fbem-21416	121	66	can	can	AUX
fbem-21416	121	67	be	be	AUX
fbem-21416	121	68	seen	see	VERB
fbem-21416	121	69	that	that	SCONJ
fbem-21416	121	70	the	the	DET
fbem-21416	121	71	main	main	ADJ
fbem-21416	121	72	business	business	NOUN
fbem-21416	121	73	of	of	ADP
fbem-21416	121	74	its	its	PRON
fbem-21416	121	75	clothing	clothing	NOUN
fbem-21416	121	76	industry	industry	NOUN
fbem-21416	121	77	is	be	AUX
fbem-21416	121	78	not	not	PART
fbem-21416	121	79	well	well	ADV
fbem-21416	121	80	operated	operate	VERB
fbem-21416	121	81	,	,	PUNCT
fbem-21416	121	82	and	and	CCONJ
fbem-21416	121	83	the	the	DET
fbem-21416	121	84	company	company	NOUN
fbem-21416	121	85	invests	invest	VERB
fbem-21416	121	86	its	its	PRON
fbem-21416	121	87	funds	fund	NOUN
fbem-21416	121	88	in	in	ADP
fbem-21416	121	89	the	the	DET
fbem-21416	121	90	capital	capital	NOUN
fbem-21416	121	91	market	market	NOUN
fbem-21416	121	92	,	,	PUNCT
fbem-21416	121	93	and	and	CCONJ
fbem-21416	121	94	the	the	DET
fbem-21416	121	95	profits	profit	NOUN
fbem-21416	121	96	are	be	AUX
fbem-21416	121	97	mainly	mainly	ADV
fbem-21416	121	98	pinned	pin	VERB
fbem-21416	121	99	on	on	ADP
fbem-21416	121	100	the	the	DET
fbem-21416	121	101	financial	financial	ADJ
fbem-21416	121	102	channel	channel	NOUN
fbem-21416	121	103	,	,	PUNCT
fbem-21416	121	104	which	which	PRON
fbem-21416	121	105	it	it	PRON
fbem-21416	121	106	makes	make	VERB
fbem-21416	121	107	the	the	DET
fbem-21416	121	108	business	business	NOUN
fbem-21416	121	109	attention	attention	NOUN
fbem-21416	121	110	to	to	ADP
fbem-21416	121	111	the	the	DET
fbem-21416	121	112	entity	entity	NOUN
fbem-21416	121	113	sector	sector	NOUN
fbem-21416	121	114	reduced	reduce	VERB
fbem-21416	121	115	,	,	PUNCT
fbem-21416	121	116	but	but	CCONJ
fbem-21416	121	117	financialization	financialization	NOUN
fbem-21416	121	118	brings	bring	VERB
fbem-21416	121	119	high	high	ADJ
fbem-21416	121	120	income	income	NOUN
fbem-21416	121	121	to	to	ADP
fbem-21416	121	122	the	the	DET
fbem-21416	121	123	enterprise	enterprise	NOUN
fbem-21416	121	124	,	,	PUNCT
fbem-21416	121	125	which	which	PRON
fbem-21416	121	126	makes	make	VERB
fbem-21416	121	127	the	the	DET
fbem-21416	121	128	enterprise	enterprise	NOUN
fbem-21416	121	129	can	can	AUX
fbem-21416	121	130	still	still	ADV
fbem-21416	121	131	maintain	maintain	VERB
fbem-21416	121	132	profit	profit	NOUN
fbem-21416	121	133	even	even	ADV
fbem-21416	121	134	when	when	SCONJ
fbem-21416	121	135	facing	face	VERB
fbem-21416	121	136	the	the	DET
fbem-21416	121	137	loss	loss	NOUN
fbem-21416	121	138	of	of	ADP
fbem-21416	121	139	the	the	DET
fbem-21416	121	140	main	main	ADJ
fbem-21416	121	141	business	business	NOUN
fbem-21416	121	142	,	,	PUNCT
fbem-21416	121	143	and	and	CCONJ
fbem-21416	121	144	improves	improve	VERB
fbem-21416	121	145	the	the	DET
fbem-21416	121	146	profitability	profitability	NOUN
fbem-21416	121	147	of	of	ADP
fbem-21416	121	148	the	the	DET
fbem-21416	121	149	enterprise	enterprise	NOUN
fbem-21416	121	150	in	in	ADP
fbem-21416	121	151	the	the	DET
fbem-21416	121	152	short	short	ADJ
fbem-21416	121	153	term	term	NOUN
fbem-21416	121	154	,	,	PUNCT
fbem-21416	121	155	and	and	CCONJ
fbem-21416	121	156	it	it	PRON
fbem-21416	121	157	is	be	AUX
fbem-21416	121	158	also	also	ADV
fbem-21416	121	159	due	due	ADP
fbem-21416	121	160	to	to	ADP
fbem-21416	121	161	the	the	DET
fbem-21416	121	162	uncertainty	uncertainty	NOUN
fbem-21416	121	163	of	of	ADP
fbem-21416	121	164	the	the	DET
fbem-21416	121	165	financial	financial	ADJ
fbem-21416	121	166	investment	investment	NOUN
fbem-21416	121	167	that	that	PRON
fbem-21416	121	168	makes	make	VERB
fbem-21416	121	169	huamao	huamao	PROPN
fbem-21416	121	170	's	's	PART
fbem-21416	121	171	operating	operate	VERB
fbem-21416	121	172	margin	margin	NOUN
fbem-21416	121	173	in	in	ADP
fbem-21416	121	174	the	the	DET
fbem-21416	121	175	past	past	ADJ
fbem-21416	121	176	ten	ten	NUM
fbem-21416	121	177	years	year	NOUN
fbem-21416	121	178	has	have	AUX
fbem-21416	121	179	been	be	AUX
fbem-21416	121	180	a	a	DET
fbem-21416	121	181	large	large	ADJ
fbem-21416	121	182	fluctuation.particularly	fluctuation.particularly	NOUN
fbem-21416	121	183	by	by	ADP
fbem-21416	121	184	the	the	DET
fbem-21416	121	185	foregoing	foregoing	NOUN
fbem-21416	121	186	can	can	AUX
fbem-21416	121	187	be	be	AUX
fbem-21416	121	188	seen	see	VERB
fbem-21416	121	189	,	,	PUNCT
fbem-21416	121	190	in	in	ADP
fbem-21416	121	191	2012	2012	NUM
fbem-21416	121	192	,	,	PUNCT
fbem-21416	121	193	huamao	huamao	PROPN
fbem-21416	121	194	shares	share	NOUN
fbem-21416	121	195	attributable	attributable	ADJ
fbem-21416	121	196	to	to	ADP
fbem-21416	121	197	shareholders	shareholder	NOUN
fbem-21416	121	198	of	of	ADP
fbem-21416	121	199	listed	list	VERB
fbem-21416	121	200	companies	company	NOUN
fbem-21416	121	201	net	net	ADJ
fbem-21416	121	202	profit	profit	NOUN
fbem-21416	121	203	after	after	ADP
fbem-21416	121	204	extraordinary	extraordinary	ADJ
fbem-21416	121	205	gains	gain	NOUN
fbem-21416	121	206	and	and	CCONJ
fbem-21416	121	207	losses	loss	NOUN
fbem-21416	121	208	as	as	ADV
fbem-21416	121	209	low	low	ADJ
fbem-21416	121	210	as	as	ADP
fbem-21416	121	211	-183	-183	PROPN
fbem-21416	121	212	million	million	NUM
fbem-21416	121	213	yuan	yuan	NOUN
fbem-21416	121	214	,	,	PUNCT
fbem-21416	121	215	however	however	ADV
fbem-21416	121	216	,	,	PUNCT
fbem-21416	121	217	relying	rely	VERB
fbem-21416	121	218	on	on	ADP
fbem-21416	121	219	huge	huge	ADJ
fbem-21416	121	220	investment	investment	NOUN
fbem-21416	121	221	income	income	NOUN
fbem-21416	121	222	to	to	PART
fbem-21416	121	223	turn	turn	VERB
fbem-21416	121	224	a	a	DET
fbem-21416	121	225	loss	loss	NOUN
fbem-21416	121	226	into	into	ADP
fbem-21416	121	227	a	a	DET
fbem-21416	121	228	profit	profit	NOUN
fbem-21416	121	229	,	,	PUNCT
fbem-21416	121	230	and	and	CCONJ
fbem-21416	121	231	ultimately	ultimately	ADV
fbem-21416	121	232	attributable	attributable	ADJ
fbem-21416	121	233	to	to	ADP
fbem-21416	121	234	the	the	DET
fbem-21416	121	235	owners	owner	NOUN
fbem-21416	121	236	of	of	ADP
fbem-21416	121	237	the	the	DET
fbem-21416	121	238	parent	parent	NOUN
fbem-21416	121	239	company	company	NOUN
fbem-21416	121	240	's	's	PART
fbem-21416	121	241	net	net	ADJ
fbem-21416	121	242	profit	profit	NOUN
fbem-21416	121	243	of	of	ADP
fbem-21416	121	244	as	as	ADV
fbem-21416	121	245	much	much	ADJ
fbem-21416	121	246	as	as	ADP
fbem-21416	121	247	351	351	NUM
fbem-21416	121	248	million	million	NUM
fbem-21416	121	249	yuan	yuan	NOUN
fbem-21416	121	250	,	,	PUNCT
fbem-21416	121	251	the	the	DET
fbem-21416	121	252	return	return	NOUN
fbem-21416	121	253	on	on	ADP
fbem-21416	121	254	financial	financial	ADJ
fbem-21416	121	255	assets	asset	NOUN
fbem-21416	121	256	play	play	VERB
fbem-21416	121	257	a	a	DET
fbem-21416	121	258	positive	positive	ADJ
fbem-21416	121	259	role	role	NOUN
fbem-21416	121	260	in	in	ADP
fbem-21416	121	261	the	the	DET
fbem-21416	121	262	net	net	ADJ
fbem-21416	121	263	profit	profit	NOUN
fbem-21416	121	264	.	.	PUNCT
fbem-21416	122	1	as	as	ADP
fbem-21416	122	2	a	a	DET
fbem-21416	122	3	textile	textile	NOUN
fbem-21416	122	4	company	company	NOUN
fbem-21416	122	5	,	,	PUNCT
fbem-21416	122	6	in	in	ADP
fbem-21416	122	7	2012	2012	NUM
fbem-21416	122	8	,	,	PUNCT
fbem-21416	122	9	the	the	DET
fbem-21416	122	10	cotton	cotton	NOUN
fbem-21416	122	11	production	production	NOUN
fbem-21416	122	12	was	be	AUX
fbem-21416	122	13	significantly	significantly	ADV
fbem-21416	122	14	reduced	reduce	VERB
fbem-21416	122	15	,	,	PUNCT
fbem-21416	122	16	resulting	result	VERB
fbem-21416	122	17	in	in	ADP
fbem-21416	122	18	rising	rise	VERB
fbem-21416	122	19	cotton	cotton	NOUN
fbem-21416	122	20	prices	price	NOUN
fbem-21416	122	21	that	that	DET
fbem-21416	122	22	year	year	NOUN
fbem-21416	122	23	,	,	PUNCT
fbem-21416	122	24	from	from	ADP
fbem-21416	122	25	the	the	DET
fbem-21416	122	26	year	year	NOUN
fbem-21416	122	27	's	's	PART
fbem-21416	122	28	gross	gross	ADJ
fbem-21416	122	29	sales	sale	NOUN
fbem-21416	122	30	margin	margin	NOUN
fbem-21416	122	31	can	can	AUX
fbem-21416	122	32	also	also	ADV
fbem-21416	122	33	be	be	AUX
fbem-21416	122	34	seen	see	VERB
fbem-21416	122	35	,	,	PUNCT
fbem-21416	122	36	the	the	DET
fbem-21416	122	37	rising	rise	VERB
fbem-21416	122	38	cost	cost	NOUN
fbem-21416	122	39	of	of	ADP
fbem-21416	122	40	lint	lint	NOUN
fbem-21416	122	41	on	on	ADP
fbem-21416	122	42	the	the	DET
fbem-21416	122	43	impact	impact	NOUN
fbem-21416	122	44	of	of	ADP
fbem-21416	122	45	the	the	DET
fbem-21416	122	46	enterprise	enterprise	NOUN
fbem-21416	122	47	's	's	PART
fbem-21416	122	48	main	main	ADJ
fbem-21416	122	49	revenue	revenue	NOUN
fbem-21416	122	50	,	,	PUNCT
fbem-21416	122	51	but	but	CCONJ
fbem-21416	122	52	check	check	VERB
fbem-21416	122	53	the	the	DET
fbem-21416	122	54	statement	statement	NOUN
fbem-21416	122	55	found	find	VERB
fbem-21416	122	56	that	that	PRON
fbem-21416	122	57	did	do	AUX
fbem-21416	122	58	not	not	PART
fbem-21416	122	59	have	have	VERB
fbem-21416	122	60	too	too	ADV
fbem-21416	122	61	much	much	ADJ
fbem-21416	122	62	impact	impact	NOUN
fbem-21416	122	63	on	on	ADP
fbem-21416	122	64	the	the	DET
fbem-21416	122	65	return	return	NOUN
fbem-21416	122	66	on	on	ADP
fbem-21416	122	67	net	net	ADJ
fbem-21416	122	68	assets	asset	NOUN
fbem-21416	122	69	of	of	ADP
fbem-21416	122	70	huamao	huamao	PROPN
fbem-21416	122	71	,	,	PUNCT
fbem-21416	122	72	but	but	CCONJ
fbem-21416	122	73	through	through	ADP
fbem-21416	122	74	the	the	DET
fbem-21416	122	75	reduction	reduction	NOUN
fbem-21416	122	76	of	of	ADP
fbem-21416	122	77	holdings	holding	NOUN
fbem-21416	122	78	of	of	ADP
fbem-21416	122	79	gf	gf	PROPN
fbem-21416	122	80	securities	security	NOUN
fbem-21416	122	81	made	make	VERB
fbem-21416	122	82	a	a	DET
fbem-21416	122	83	profit	profit	NOUN
fbem-21416	122	84	of	of	ADP
fbem-21416	122	85	51	51	NUM
fbem-21416	122	86	million	million	NUM
fbem-21416	122	87	,	,	PUNCT
fbem-21416	122	88	the	the	DET
fbem-21416	122	89	return	return	NOUN
fbem-21416	122	90	on	on	ADP
fbem-21416	122	91	financial	financial	ADJ
fbem-21416	122	92	assets	asset	NOUN
fbem-21416	122	93	played	play	VERB
fbem-21416	122	94	a	a	DET
fbem-21416	122	95	positive	positive	ADJ
fbem-21416	122	96	role	role	NOUN
fbem-21416	122	97	in	in	ADP
fbem-21416	122	98	the	the	DET
fbem-21416	122	99	net	net	ADJ
fbem-21416	122	100	profit	profit	NOUN
fbem-21416	122	101	!	!	PUNCT
fbem-21416	123	1	,	,	PUNCT
fbem-21416	123	2	there	there	PRON
fbem-21416	123	3	was	be	VERB
fbem-21416	123	4	a	a	DET
fbem-21416	123	5	small	small	ADJ
fbem-21416	123	6	peak	peak	NOUN
fbem-21416	123	7	.	.	PUNCT
fbem-21416	124	1	to	to	PART
fbem-21416	124	2	sum	sum	VERB
fbem-21416	124	3	up	up	ADP
fbem-21416	124	4	,	,	PUNCT
fbem-21416	124	5	the	the	DET
fbem-21416	124	6	profitability	profitability	NOUN
fbem-21416	124	7	of	of	ADP
fbem-21416	124	8	huamao	huamao	PROPN
fbem-21416	124	9	shares	share	NOUN
fbem-21416	124	10	is	be	AUX
fbem-21416	124	11	affected	affect	VERB
fbem-21416	124	12	by	by	ADP
fbem-21416	124	13	the	the	DET
fbem-21416	124	14	degree	degree	NOUN
fbem-21416	124	15	of	of	ADP
fbem-21416	124	16	financialization	financialization	NOUN
fbem-21416	124	17	,	,	PUNCT
fbem-21416	124	18	lack	lack	NOUN
fbem-21416	124	19	of	of	ADP
fbem-21416	124	20	attention	attention	NOUN
fbem-21416	124	21	to	to	ADP
fbem-21416	124	22	the	the	DET
fbem-21416	124	23	main	main	ADJ
fbem-21416	124	24	business	business	NOUN
fbem-21416	124	25	,	,	PUNCT
fbem-21416	124	26	and	and	CCONJ
fbem-21416	124	27	the	the	DET
fbem-21416	124	28	deepening	deepening	NOUN
fbem-21416	124	29	degree	degree	NOUN
fbem-21416	124	30	of	of	ADP
fbem-21416	124	31	financialization	financialization	NOUN
fbem-21416	124	32	squeezes	squeeze	VERB
fbem-21416	124	33	the	the	DET
fbem-21416	124	34	development	development	NOUN
fbem-21416	124	35	of	of	ADP
fbem-21416	124	36	the	the	DET
fbem-21416	124	37	main	main	ADJ
fbem-21416	124	38	business	business	NOUN
fbem-21416	124	39	.	.	PUNCT
fbem-21416	125	1	there	there	PRON
fbem-21416	125	2	was	be	VERB
fbem-21416	125	3	a	a	DET
fbem-21416	125	4	sudden	sudden	ADJ
fbem-21416	125	5	change	change	NOUN
fbem-21416	125	6	in	in	ADP
fbem-21416	125	7	profitability	profitability	NOUN
fbem-21416	125	8	in	in	ADP
fbem-21416	125	9	2014	2014	NUM
fbem-21416	125	10	,	,	PUNCT
fbem-21416	125	11	the	the	DET
fbem-21416	125	12	total	total	ADJ
fbem-21416	125	13	profit	profit	NOUN
fbem-21416	125	14	of	of	ADP
fbem-21416	125	15	the	the	DET
fbem-21416	125	16	enterprise	enterprise	NOUN
fbem-21416	125	17	rose	rise	VERB
fbem-21416	125	18	in	in	ADP
fbem-21416	125	19	that	that	DET
fbem-21416	125	20	year	year	NOUN
fbem-21416	125	21	,	,	PUNCT
fbem-21416	125	22	but	but	CCONJ
fbem-21416	125	23	because	because	SCONJ
fbem-21416	125	24	the	the	DET
fbem-21416	125	25	enterprise	enterprise	NOUN
fbem-21416	125	26	gave	give	VERB
fbem-21416	125	27	full	full	ADJ
fbem-21416	125	28	play	play	NOUN
fbem-21416	125	29	to	to	ADP
fbem-21416	125	30	the	the	DET
fbem-21416	125	31	advantages	advantage	NOUN
fbem-21416	125	32	of	of	ADP
fbem-21416	125	33	the	the	DET
fbem-21416	125	34	combination	combination	NOUN
fbem-21416	125	35	of	of	ADP
fbem-21416	125	36	industry	industry	NOUN
fbem-21416	125	37	,	,	PUNCT
fbem-21416	125	38	academia	academia	NOUN
fbem-21416	125	39	and	and	CCONJ
fbem-21416	125	40	research	research	NOUN
fbem-21416	125	41	,	,	PUNCT
fbem-21416	125	42	and	and	CCONJ
fbem-21416	125	43	wuhan	wuhan	PROPN
fbem-21416	125	44	textile	textile	PROPN
fbem-21416	125	45	university	university	PROPN
fbem-21416	125	46	jointly	jointly	ADV
fbem-21416	125	47	established	establish	VERB
fbem-21416	125	48	the	the	DET
fbem-21416	125	49	huamao	huamao	NOUN
fbem-21416	125	50	textile	textile	NOUN
fbem-21416	125	51	dyeing	dyeing	NOUN
fbem-21416	125	52	and	and	CCONJ
fbem-21416	125	53	finishing	finish	VERB
fbem-21416	125	54	research	research	NOUN
fbem-21416	125	55	institute	institute	NOUN
fbem-21416	125	56	,	,	PUNCT
fbem-21416	125	57	improved	improve	VERB
fbem-21416	125	58	the	the	DET
fbem-21416	125	59	research	research	NOUN
fbem-21416	125	60	and	and	CCONJ
fbem-21416	125	61	development	development	NOUN
fbem-21416	125	62	ability	ability	NOUN
fbem-21416	125	63	to	to	PART
fbem-21416	125	64	reduce	reduce	VERB
fbem-21416	125	65	the	the	DET
fbem-21416	125	66	cost	cost	NOUN
fbem-21416	125	67	of	of	ADP
fbem-21416	125	68	costs	cost	NOUN
fbem-21416	125	69	and	and	CCONJ
fbem-21416	125	70	expenses	expense	NOUN
fbem-21416	125	71	,	,	PUNCT
fbem-21416	125	72	the	the	DET
fbem-21416	125	73	cost	cost	NOUN
fbem-21416	125	74	of	of	ADP
fbem-21416	125	75	yarn	yarn	NOUN
fbem-21416	125	76	,	,	PUNCT
fbem-21416	125	77	thread	thread	NOUN
fbem-21416	125	78	cloth	cloth	NOUN
fbem-21416	125	79	,	,	PUNCT
fbem-21416	125	80	lint	lint	NOUN
fbem-21416	125	81	and	and	CCONJ
fbem-21416	125	82	cottonseed	cottonseed	NOUN
fbem-21416	125	83	decreased	decrease	VERB
fbem-21416	125	84	by	by	ADP
fbem-21416	125	85	1.93	1.93	NUM
fbem-21416	125	86	%	%	NOUN
fbem-21416	125	87	year	year	NOUN
fbem-21416	125	88	-	-	PUNCT
fbem-21416	125	89	on	on	ADP
fbem-21416	125	90	-	-	PUNCT
fbem-21416	125	91	year	year	NOUN
fbem-21416	125	92	,	,	PUNCT
fbem-21416	125	93	and	and	CCONJ
fbem-21416	125	94	the	the	DET
fbem-21416	125	95	cost	cost	NOUN
fbem-21416	125	96	and	and	CCONJ
fbem-21416	125	97	expense	expense	NOUN
fbem-21416	125	98	margins	margin	NOUN
fbem-21416	125	99	rose	rise	VERB
fbem-21416	125	100	from	from	ADP
fbem-21416	125	101	0.097	0.097	NUM
fbem-21416	125	102	to	to	ADP
fbem-21416	125	103	0.201	0.201	NUM
fbem-21416	125	104	.	.	PUNCT
fbem-21416	126	1	2022	2022	NUM
fbem-21416	126	2	appeared	appear	VERB
fbem-21416	126	3	extreme	extreme	ADJ
fbem-21416	126	4	,	,	PUNCT
fbem-21416	126	5	the	the	DET
fbem-21416	126	6	gain	gain	NOUN
fbem-21416	126	7	from	from	ADP
fbem-21416	126	8	changes	change	NOUN
fbem-21416	126	9	in	in	ADP
fbem-21416	126	10	fair	fair	ADJ
fbem-21416	126	11	value	value	NOUN
fbem-21416	126	12	-232,117,644.33	-232,117,644.33	PUNCT
fbem-21416	126	13	yuan	yuan	NOUN
fbem-21416	126	14	,	,	PUNCT
fbem-21416	126	15	a	a	DET
fbem-21416	126	16	decline	decline	NOUN
fbem-21416	126	17	of	of	ADP
fbem-21416	126	18	189.15	189.15	NUM
fbem-21416	126	19	%	%	NOUN
fbem-21416	126	20	compared	compare	VERB
fbem-21416	126	21	with	with	ADP
fbem-21416	126	22	the	the	DET
fbem-21416	126	23	same	same	ADJ
fbem-21416	126	24	period	period	NOUN
fbem-21416	126	25	of	of	ADP
fbem-21416	126	26	the	the	DET
fbem-21416	126	27	previous	previous	ADJ
fbem-21416	126	28	year	year	NOUN
fbem-21416	126	29	,	,	PUNCT
fbem-21416	126	30	mainly	mainly	ADV
fbem-21416	126	31	due	due	ADP
fbem-21416	126	32	to	to	ADP
fbem-21416	126	33	the	the	DET
fbem-21416	126	34	decline	decline	NOUN
fbem-21416	126	35	in	in	ADP
fbem-21416	126	36	the	the	DET
fbem-21416	126	37	closing	closing	NOUN
fbem-21416	126	38	price	price	NOUN
fbem-21416	126	39	of	of	ADP
fbem-21416	126	40	the	the	DET
fbem-21416	126	41	financial	financial	ADJ
fbem-21416	126	42	assets	asset	NOUN
fbem-21416	126	43	held	hold	VERB
fbem-21416	126	44	by	by	ADP
fbem-21416	126	45	the	the	DET
fbem-21416	126	46	company	company	NOUN
fbem-21416	126	47	,	,	PUNCT
fbem-21416	126	48	such	such	ADJ
fbem-21416	126	49	as	as	ADP
fbem-21416	126	50	guotai	guotai	PROPN
fbem-21416	126	51	junan	junan	PROPN
fbem-21416	126	52	,	,	PUNCT
fbem-21416	126	53	gf	gf	PROPN
fbem-21416	126	54	securities	security	NOUN
fbem-21416	126	55	,	,	PUNCT
fbem-21416	126	56	and	and	CCONJ
fbem-21416	126	57	other	other	ADJ
fbem-21416	126	58	financial	financial	ADJ
fbem-21416	126	59	assets	asset	NOUN
fbem-21416	126	60	in	in	ADP
fbem-21416	126	61	the	the	DET
fbem-21416	126	62	current	current	ADJ
fbem-21416	126	63	period	period	NOUN
fbem-21416	126	64	;	;	PUNCT
fbem-21416	126	65	coupled	couple	VERB
fbem-21416	126	66	with	with	ADP
fbem-21416	126	67	the	the	DET
fbem-21416	126	68	drastic	drastic	ADJ
fbem-21416	126	69	changes	change	NOUN
fbem-21416	126	70	in	in	ADP
fbem-21416	126	71	the	the	DET
fbem-21416	126	72	international	international	ADJ
fbem-21416	126	73	situation	situation	NOUN
fbem-21416	126	74	,	,	PUNCT
fbem-21416	126	75	the	the	DET
fbem-21416	126	76	sharp	sharp	ADJ
fbem-21416	126	77	fluctuations	fluctuation	NOUN
fbem-21416	126	78	in	in	ADP
fbem-21416	126	79	commodity	commodity	NOUN
fbem-21416	126	80	prices	price	NOUN
fbem-21416	126	81	,	,	PUNCT
fbem-21416	126	82	the	the	DET
fbem-21416	126	83	frequency	frequency	NOUN
fbem-21416	126	84	of	of	ADP
fbem-21416	126	85	domestic	domestic	ADJ
fbem-21416	126	86	epidemics	epidemic	NOUN
fbem-21416	126	87	at	at	ADP
fbem-21416	126	88	multiple	multiple	ADJ
fbem-21416	126	89	points	point	NOUN
fbem-21416	126	90	,	,	PUNCT
fbem-21416	126	91	and	and	CCONJ
fbem-21416	126	92	the	the	DET
fbem-21416	126	93	rise	rise	NOUN
fbem-21416	126	94	of	of	ADP
fbem-21416	126	95	factor	factor	NOUN
fbem-21416	126	96	costs	cost	NOUN
fbem-21416	126	97	,	,	PUNCT
fbem-21416	126	98	resulting	result	VERB
fbem-21416	126	99	in	in	ADP
fbem-21416	126	100	the	the	DET
fbem-21416	126	101	company	company	NOUN
fbem-21416	126	102	's	's	PART
fbem-21416	126	103	production	production	NOUN
fbem-21416	126	104	and	and	CCONJ
fbem-21416	126	105	operations	operation	NOUN
fbem-21416	126	106	under	under	ADP
fbem-21416	126	107	great	great	ADJ
fbem-21416	126	108	pressure	pressure	NOUN
fbem-21416	126	109	,	,	PUNCT
fbem-21416	126	110	the	the	DET
fbem-21416	126	111	textile	textile	NOUN
fbem-21416	126	112	business	business	NOUN
fbem-21416	126	113	gross	gross	ADJ
fbem-21416	126	114	profit	profit	NOUN
fbem-21416	126	115	fell	fall	VERB
fbem-21416	126	116	more	more	ADV
fbem-21416	126	117	.	.	PUNCT
fbem-21416	127	1	this	this	PRON
fbem-21416	127	2	also	also	ADV
fbem-21416	127	3	reflects	reflect	VERB
fbem-21416	127	4	that	that	SCONJ
fbem-21416	127	5	at	at	ADP
fbem-21416	127	6	this	this	DET
fbem-21416	127	7	stage	stage	NOUN
fbem-21416	127	8	,	,	PUNCT
fbem-21416	127	9	the	the	DET
fbem-21416	127	10	company	company	NOUN
fbem-21416	127	11	gradually	gradually	ADV
fbem-21416	127	12	returned	return	VERB
fbem-21416	127	13	to	to	ADP
fbem-21416	127	14	the	the	DET
fbem-21416	127	15	main	main	ADJ
fbem-21416	127	16	business	business	NOUN
fbem-21416	127	17	,	,	PUNCT
fbem-21416	127	18	and	and	CCONJ
fbem-21416	127	19	the	the	DET
fbem-21416	127	20	profitability	profitability	NOUN
fbem-21416	127	21	also	also	ADV
fbem-21416	127	22	depends	depend	VERB
fbem-21416	127	23	more	more	ADV
fbem-21416	127	24	on	on	ADP
fbem-21416	127	25	the	the	DET
fbem-21416	127	26	main	main	ADJ
fbem-21416	127	27	business	business	NOUN
fbem-21416	127	28	.	.	PUNCT
fbem-21416	128	1	121	121	NUM
fbem-21416	128	2	figure	figure	NOUN
fbem-21416	128	3	6	6	NUM
fbem-21416	128	4	.	.	PUNCT
fbem-21416	129	1	huamao	huamao	PROPN
fbem-21416	129	2	and	and	CCONJ
fbem-21416	129	3	industry	industry	NOUN
fbem-21416	129	4	average	average	ADJ
fbem-21416	129	5	gross	gross	ADJ
fbem-21416	129	6	margins	margin	NOUN
fbem-21416	129	7	figure	figure	VERB
fbem-21416	129	8	7	7	NUM
fbem-21416	129	9	.	.	PUNCT
fbem-21416	130	1	huamao	huamao	PROPN
fbem-21416	130	2	's	's	PART
fbem-21416	130	3	operating	operate	VERB
fbem-21416	130	4	profit	profit	NOUN
fbem-21416	130	5	margin	margin	NOUN
fbem-21416	130	6	and	and	CCONJ
fbem-21416	130	7	industry	industry	NOUN
fbem-21416	130	8	average	average	ADJ
fbem-21416	130	9	profit	profit	NOUN
fbem-21416	130	10	margin	margin	NOUN
fbem-21416	130	11	4.4	4.4	NUM
fbem-21416	130	12	.	.	PUNCT
fbem-21416	131	1	operational	operational	ADJ
fbem-21416	131	2	capacity	capacity	NOUN
fbem-21416	131	3	figure	figure	NOUN
fbem-21416	131	4	8	8	NUM
fbem-21416	131	5	.	.	PUNCT
fbem-21416	132	1	huamao	huamao	PROPN
fbem-21416	132	2	's	's	PART
fbem-21416	132	3	operating	operating	NOUN
fbem-21416	132	4	capacity	capacity	NOUN
fbem-21416	132	5	index	index	NOUN
fbem-21416	132	6	in	in	ADP
fbem-21416	132	7	analyzing	analyze	VERB
fbem-21416	132	8	the	the	DET
fbem-21416	132	9	operating	operating	NOUN
fbem-21416	132	10	capacity	capacity	NOUN
fbem-21416	132	11	of	of	ADP
fbem-21416	132	12	huamao	huamao	PROPN
fbem-21416	132	13	stock	stock	NOUN
fbem-21416	132	14	,	,	PUNCT
fbem-21416	132	15	three	three	NUM
fbem-21416	132	16	indexes	index	NOUN
fbem-21416	132	17	of	of	ADP
fbem-21416	132	18	total	total	ADJ
fbem-21416	132	19	assets	asset	NOUN
fbem-21416	132	20	turnover	turnover	NOUN
fbem-21416	132	21	ratio	ratio	NOUN
fbem-21416	132	22	,	,	PUNCT
fbem-21416	132	23	current	current	ADJ
fbem-21416	132	24	assets	asset	NOUN
fbem-21416	132	25	turnover	turnover	NOUN
fbem-21416	132	26	ratio	ratio	NOUN
fbem-21416	132	27	and	and	CCONJ
fbem-21416	132	28	inventory	inventory	NOUN
fbem-21416	132	29	turnover	turnover	NOUN
fbem-21416	132	30	ratio	ratio	NOUN
fbem-21416	132	31	are	be	AUX
fbem-21416	132	32	used	use	VERB
fbem-21416	132	33	.	.	PUNCT
fbem-21416	133	1	the	the	DET
fbem-21416	133	2	total	total	ADJ
fbem-21416	133	3	asset	asset	NOUN
fbem-21416	133	4	turnover	turnover	NOUN
fbem-21416	133	5	rate	rate	NOUN
fbem-21416	133	6	reflects	reflect	VERB
fbem-21416	133	7	the	the	DET
fbem-21416	133	8	operating	operating	NOUN
fbem-21416	133	9	efficiency	efficiency	NOUN
fbem-21416	133	10	and	and	CCONJ
fbem-21416	133	11	change	change	NOUN
fbem-21416	133	12	index	index	NOUN
fbem-21416	133	13	of	of	ADP
fbem-21416	133	14	total	total	ADJ
fbem-21416	133	15	assets	asset	NOUN
fbem-21416	133	16	of	of	ADP
fbem-21416	133	17	the	the	DET
fbem-21416	133	18	enterprise	enterprise	NOUN
fbem-21416	133	19	in	in	ADP
fbem-21416	133	20	this	this	DET
fbem-21416	133	21	year	year	NOUN
fbem-21416	133	22	and	and	CCONJ
fbem-21416	133	23	previous	previous	ADJ
fbem-21416	133	24	years	year	NOUN
fbem-21416	133	25	.	.	PUNCT
fbem-21416	134	1	by	by	ADP
fbem-21416	134	2	observing	observe	VERB
fbem-21416	134	3	the	the	DET
fbem-21416	134	4	financial	financial	ADJ
fbem-21416	134	5	assets	asset	NOUN
fbem-21416	134	6	of	of	ADP
fbem-21416	134	7	huamao	huamao	PROPN
fbem-21416	134	8	stock	stock	NOUN
fbem-21416	134	9	,	,	PUNCT
fbem-21416	134	10	we	we	PRON
fbem-21416	134	11	can	can	AUX
fbem-21416	134	12	see	see	VERB
fbem-21416	134	13	that	that	SCONJ
fbem-21416	134	14	the	the	DET
fbem-21416	134	15	operating	operate	VERB
fbem-21416	134	16	profit	profit	NOUN
fbem-21416	134	17	in	in	ADP
fbem-21416	134	18	2009	2009	NUM
fbem-21416	134	19	was	be	AUX
fbem-21416	134	20	reduced	reduce	VERB
fbem-21416	134	21	by	by	ADP
fbem-21416	134	22	rmb	rmb	PROPN
fbem-21416	134	23	36,320,400	36,320,400	NUM
fbem-21416	134	24	,	,	PUNCT
fbem-21416	134	25	of	of	ADP
fbem-21416	134	26	which	which	PRON
fbem-21416	134	27	the	the	DET
fbem-21416	134	28	investment	investment	NOUN
fbem-21416	134	29	income	income	NOUN
fbem-21416	134	30	was	be	AUX
fbem-21416	134	31	reduced	reduce	VERB
fbem-21416	134	32	by	by	ADP
fbem-21416	134	33	rmb	rmb	PROPN
fbem-21416	134	34	24,124,400	24,124,400	NUM
fbem-21416	134	35	,	,	PUNCT
fbem-21416	134	36	accounting	account	VERB
fbem-21416	134	37	for	for	ADP
fbem-21416	134	38	66.43	66.43	NUM
fbem-21416	134	39	%	%	NOUN
fbem-21416	134	40	,	,	PUNCT
fbem-21416	134	41	which	which	PRON
fbem-21416	134	42	indicates	indicate	VERB
fbem-21416	134	43	that	that	SCONJ
fbem-21416	134	44	the	the	DET
fbem-21416	134	45	investment	investment	NOUN
fbem-21416	134	46	income	income	NOUN
fbem-21416	134	47	of	of	ADP
fbem-21416	134	48	financial	financial	ADJ
fbem-21416	134	49	assets	asset	NOUN
fbem-21416	134	50	seriously	seriously	ADV
fbem-21416	134	51	dragged	drag	VERB
fbem-21416	134	52	down	down	ADP
fbem-21416	134	53	the	the	DET
fbem-21416	134	54	operating	operate	VERB
fbem-21416	134	55	profit	profit	NOUN
fbem-21416	134	56	of	of	ADP
fbem-21416	134	57	the	the	DET
fbem-21416	134	58	company	company	NOUN
fbem-21416	134	59	,	,	PUNCT
fbem-21416	134	60	but	but	CCONJ
fbem-21416	134	61	the	the	DET
fbem-21416	134	62	holding	holding	NOUN
fbem-21416	134	63	of	of	ADP
fbem-21416	134	64	financial	financial	ADJ
fbem-21416	134	65	assets	asset	NOUN
fbem-21416	134	66	is	be	AUX
fbem-21416	134	67	26,969,022,000	26,969,022,000	NUM
fbem-21416	134	68	yuan	yuan	NOUN
fbem-21416	134	69	more	more	ADJ
fbem-21416	134	70	than	than	ADP
fbem-21416	134	71	that	that	PRON
fbem-21416	134	72	of	of	ADP
fbem-21416	134	73	2008	2008	NUM
fbem-21416	134	74	,	,	PUNCT
fbem-21416	134	75	resulting	result	VERB
fbem-21416	134	76	in	in	ADP
fbem-21416	134	77	the	the	DET
fbem-21416	134	78	company	company	NOUN
fbem-21416	134	79	's	's	PART
fbem-21416	134	80	total	total	ADJ
fbem-21416	134	81	asset	asset	NOUN
fbem-21416	134	82	turnover	turnover	NOUN
fbem-21416	134	83	ratio	ratio	NOUN
fbem-21416	134	84	is	be	AUX
fbem-21416	134	85	relatively	relatively	ADV
fbem-21416	134	86	low	low	ADJ
fbem-21416	134	87	.	.	PUNCT
fbem-21416	135	1	perhaps	perhaps	ADV
fbem-21416	135	2	huamao	huamao	PROPN
fbem-21416	135	3	shares	share	NOUN
fbem-21416	135	4	also	also	ADV
fbem-21416	135	5	realized	realize	VERB
fbem-21416	135	6	122	122	NUM
fbem-21416	135	7	this	this	DET
fbem-21416	135	8	situation	situation	NOUN
fbem-21416	135	9	,	,	PUNCT
fbem-21416	135	10	and	and	CCONJ
fbem-21416	135	11	began	begin	VERB
fbem-21416	135	12	to	to	PART
fbem-21416	135	13	continuously	continuously	ADV
fbem-21416	135	14	dispose	dispose	VERB
fbem-21416	135	15	of	of	ADP
fbem-21416	135	16	financial	financial	ADJ
fbem-21416	135	17	assets	asset	NOUN
fbem-21416	135	18	in	in	ADP
fbem-21416	135	19	2019	2019	NUM
fbem-21416	135	20	,	,	PUNCT
fbem-21416	135	21	the	the	DET
fbem-21416	135	22	total	total	ADJ
fbem-21416	135	23	asset	asset	NOUN
fbem-21416	135	24	turnover	turnover	NOUN
fbem-21416	135	25	rate	rate	NOUN
fbem-21416	135	26	of	of	ADP
fbem-21416	135	27	huamao	huamao	PROPN
fbem-21416	135	28	shares	share	NOUN
fbem-21416	135	29	has	have	AUX
fbem-21416	135	30	continued	continue	VERB
fbem-21416	135	31	to	to	PART
fbem-21416	135	32	rise	rise	VERB
fbem-21416	135	33	so	so	ADV
fbem-21416	135	34	far	far	ADV
fbem-21416	135	35	in	in	ADP
fbem-21416	135	36	2019	2019	NUM
fbem-21416	135	37	,	,	PUNCT
fbem-21416	135	38	and	and	CCONJ
fbem-21416	135	39	the	the	DET
fbem-21416	135	40	rate	rate	NOUN
fbem-21416	135	41	of	of	ADP
fbem-21416	135	42	rise	rise	NOUN
fbem-21416	135	43	is	be	AUX
fbem-21416	135	44	greater	great	ADJ
fbem-21416	135	45	than	than	ADP
fbem-21416	135	46	the	the	DET
fbem-21416	135	47	industry	industry	NOUN
fbem-21416	135	48	value	value	NOUN
fbem-21416	135	49	,	,	PUNCT
fbem-21416	135	50	the	the	DET
fbem-21416	135	51	gap	gap	NOUN
fbem-21416	135	52	between	between	ADP
fbem-21416	135	53	the	the	DET
fbem-21416	135	54	industry	industry	NOUN
fbem-21416	135	55	value	value	NOUN
fbem-21416	135	56	and	and	CCONJ
fbem-21416	135	57	the	the	DET
fbem-21416	135	58	total	total	ADJ
fbem-21416	135	59	asset	asset	NOUN
fbem-21416	135	60	turnover	turnover	NOUN
fbem-21416	135	61	rate	rate	NOUN
fbem-21416	135	62	of	of	ADP
fbem-21416	135	63	huamao	huamao	PROPN
fbem-21416	135	64	shares	share	NOUN
fbem-21416	135	65	decreased	decrease	VERB
fbem-21416	135	66	,	,	PUNCT
fbem-21416	135	67	and	and	CCONJ
fbem-21416	135	68	the	the	DET
fbem-21416	135	69	industry	industry	NOUN
fbem-21416	135	70	value	value	NOUN
fbem-21416	135	71	in	in	ADP
fbem-21416	135	72	2020	2020	NUM
fbem-21416	135	73	is	be	AUX
fbem-21416	135	74	only	only	ADV
fbem-21416	135	75	1.32	1.32	NUM
fbem-21416	135	76	times	time	NOUN
fbem-21416	135	77	of	of	ADP
fbem-21416	135	78	that	that	PRON
fbem-21416	135	79	of	of	ADP
fbem-21416	135	80	huamao	huamao	PROPN
fbem-21416	135	81	shares	share	NOUN
fbem-21416	135	82	,	,	PUNCT
fbem-21416	135	83	which	which	PRON
fbem-21416	135	84	is	be	AUX
fbem-21416	135	85	close	close	ADJ
fbem-21416	135	86	to	to	ADP
fbem-21416	135	87	the	the	DET
fbem-21416	135	88	level	level	NOUN
fbem-21416	135	89	of	of	ADP
fbem-21416	135	90	the	the	DET
fbem-21416	135	91	early	early	ADJ
fbem-21416	135	92	stage	stage	NOUN
fbem-21416	135	93	of	of	ADP
fbem-21416	135	94	financialization	financialization	NOUN
fbem-21416	135	95	,	,	PUNCT
fbem-21416	135	96	and	and	CCONJ
fbem-21416	135	97	this	this	PRON
fbem-21416	135	98	shows	show	VERB
fbem-21416	135	99	that	that	SCONJ
fbem-21416	135	100	in	in	ADP
fbem-21416	135	101	the	the	DET
fbem-21416	135	102	process	process	NOUN
fbem-21416	135	103	of	of	ADP
fbem-21416	135	104	de	de	NOUN
fbem-21416	135	105	-	-	NOUN
fbem-21416	135	106	financialization	financialization	NOUN
fbem-21416	135	107	the	the	DET
fbem-21416	135	108	sales	sale	NOUN
fbem-21416	135	109	ability	ability	NOUN
fbem-21416	135	110	of	of	ADP
fbem-21416	135	111	enterprises	enterprise	NOUN
fbem-21416	135	112	is	be	AUX
fbem-21416	135	113	getting	get	VERB
fbem-21416	135	114	better	well	ADJ
fbem-21416	135	115	and	and	CCONJ
fbem-21416	135	116	better	well	ADJ
fbem-21416	135	117	,	,	PUNCT
fbem-21416	135	118	and	and	CCONJ
fbem-21416	135	119	the	the	DET
fbem-21416	135	120	efficiency	efficiency	NOUN
fbem-21416	135	121	of	of	ADP
fbem-21416	135	122	capital	capital	NOUN
fbem-21416	135	123	utilization	utilization	NOUN
fbem-21416	135	124	is	be	AUX
fbem-21416	135	125	getting	get	VERB
fbem-21416	135	126	higher	high	ADJ
fbem-21416	135	127	and	and	CCONJ
fbem-21416	135	128	higher	high	ADJ
fbem-21416	135	129	.	.	PUNCT
fbem-21416	136	1	figure	figure	NOUN
fbem-21416	136	2	9	9	NUM
fbem-21416	136	3	.	.	PUNCT
fbem-21416	137	1	huamao	huamao	PROPN
fbem-21416	137	2	and	and	CCONJ
fbem-21416	137	3	industry	industry	NOUN
fbem-21416	137	4	average	average	ADJ
fbem-21416	137	5	current	current	ADJ
fbem-21416	137	6	asset	asset	NOUN
fbem-21416	137	7	turnover	turnover	NOUN
fbem-21416	137	8	ratio	ratio	NOUN
fbem-21416	137	9	from	from	ADP
fbem-21416	137	10	figure	figure	NOUN
fbem-21416	137	11	9	9	NUM
fbem-21416	137	12	,	,	PUNCT
fbem-21416	137	13	it	it	PRON
fbem-21416	137	14	can	can	AUX
fbem-21416	137	15	be	be	AUX
fbem-21416	137	16	seen	see	VERB
fbem-21416	137	17	that	that	SCONJ
fbem-21416	137	18	huamao	huamao	PROPN
fbem-21416	137	19	's	's	PART
fbem-21416	137	20	current	current	ADJ
fbem-21416	137	21	asset	asset	NOUN
fbem-21416	137	22	turnover	turnover	NOUN
fbem-21416	137	23	ratio	ratio	NOUN
fbem-21416	137	24	has	have	AUX
fbem-21416	137	25	been	be	AUX
fbem-21416	137	26	decreasing	decrease	VERB
fbem-21416	137	27	in	in	ADP
fbem-21416	137	28	general	general	ADJ
fbem-21416	137	29	indicating	indicate	VERB
fbem-21416	137	30	that	that	SCONJ
fbem-21416	137	31	huamao	huamao	PROPN
fbem-21416	137	32	's	's	PART
fbem-21416	137	33	current	current	ADJ
fbem-21416	137	34	asset	asset	NOUN
fbem-21416	137	35	operating	operating	NOUN
fbem-21416	137	36	efficiency	efficiency	NOUN
fbem-21416	137	37	is	be	AUX
fbem-21416	137	38	low	low	ADJ
fbem-21416	137	39	.	.	PUNCT
fbem-21416	138	1	however	however	ADV
fbem-21416	138	2	,	,	PUNCT
fbem-21416	138	3	combined	combine	VERB
fbem-21416	138	4	with	with	ADP
fbem-21416	138	5	the	the	DET
fbem-21416	138	6	change	change	NOUN
fbem-21416	138	7	of	of	ADP
fbem-21416	138	8	huamao	huamao	PROPN
fbem-21416	138	9	's	's	PART
fbem-21416	138	10	current	current	ADJ
fbem-21416	138	11	assets	asset	NOUN
fbem-21416	138	12	,	,	PUNCT
fbem-21416	138	13	it	it	PRON
fbem-21416	138	14	is	be	AUX
fbem-21416	138	15	found	find	VERB
fbem-21416	138	16	that	that	SCONJ
fbem-21416	138	17	the	the	DET
fbem-21416	138	18	decrease	decrease	NOUN
fbem-21416	138	19	of	of	ADP
fbem-21416	138	20	current	current	ADJ
fbem-21416	138	21	asset	asset	NOUN
fbem-21416	138	22	turnover	turnover	NOUN
fbem-21416	138	23	ratio	ratio	NOUN
fbem-21416	138	24	is	be	AUX
fbem-21416	138	25	mainly	mainly	ADV
fbem-21416	138	26	affected	affect	VERB
fbem-21416	138	27	by	by	ADP
fbem-21416	138	28	the	the	DET
fbem-21416	138	29	decrease	decrease	NOUN
fbem-21416	138	30	of	of	ADP
fbem-21416	138	31	operating	operate	VERB
fbem-21416	138	32	income	income	NOUN
fbem-21416	138	33	.	.	PUNCT
fbem-21416	139	1	figure	figure	NOUN
fbem-21416	139	2	10	10	NUM
fbem-21416	139	3	.	.	PUNCT
fbem-21416	140	1	huamao	huamao	PROPN
fbem-21416	140	2	's	's	PART
fbem-21416	140	3	inventory	inventory	NOUN
fbem-21416	140	4	turnover	turnover	NOUN
fbem-21416	140	5	ratio	ratio	NOUN
fbem-21416	140	6	and	and	CCONJ
fbem-21416	140	7	sales	sale	NOUN
fbem-21416	140	8	revenue	revenue	NOUN
fbem-21416	140	9	huamao	huamao	PROPN
fbem-21416	140	10	's	's	PART
fbem-21416	140	11	inventory	inventory	NOUN
fbem-21416	140	12	turnover	turnover	NOUN
fbem-21416	140	13	index	index	NOUN
fbem-21416	140	14	declined	decline	VERB
fbem-21416	140	15	in	in	ADP
fbem-21416	140	16	the	the	DET
fbem-21416	140	17	year	year	NOUN
fbem-21416	140	18	when	when	SCONJ
fbem-21416	140	19	sales	sale	NOUN
fbem-21416	140	20	growth	growth	NOUN
fbem-21416	140	21	slowed	slow	VERB
fbem-21416	140	22	down	down	ADP
fbem-21416	140	23	,	,	PUNCT
fbem-21416	140	24	which	which	PRON
fbem-21416	140	25	may	may	AUX
fbem-21416	140	26	be	be	AUX
fbem-21416	140	27	due	due	ADJ
fbem-21416	140	28	to	to	ADP
fbem-21416	140	29	the	the	DET
fbem-21416	140	30	fact	fact	NOUN
fbem-21416	140	31	that	that	SCONJ
fbem-21416	140	32	as	as	ADP
fbem-21416	140	33	the	the	DET
fbem-21416	140	34	financialization	financialization	NOUN
fbem-21416	140	35	of	of	ADP
fbem-21416	140	36	the	the	DET
fbem-21416	140	37	enterprise	enterprise	NOUN
fbem-21416	140	38	increases	increase	NOUN
fbem-21416	140	39	,	,	PUNCT
fbem-21416	140	40	the	the	DET
fbem-21416	140	41	financial	financial	ADJ
fbem-21416	140	42	investment	investment	NOUN
fbem-21416	140	43	risk	risk	NOUN
fbem-21416	140	44	it	it	PRON
fbem-21416	140	45	faces	face	VERB
fbem-21416	140	46	will	will	AUX
fbem-21416	140	47	continue	continue	VERB
fbem-21416	140	48	to	to	PART
fbem-21416	140	49	rise	rise	VERB
fbem-21416	140	50	.	.	PUNCT
fbem-21416	141	1	the	the	DET
fbem-21416	141	2	enterprise	enterprise	NOUN
fbem-21416	141	3	pours	pour	VERB
fbem-21416	141	4	its	its	PRON
fbem-21416	141	5	focus	focus	NOUN
fbem-21416	141	6	and	and	CCONJ
fbem-21416	141	7	management	management	NOUN
fbem-21416	141	8	capacity	capacity	NOUN
fbem-21416	141	9	into	into	ADP
fbem-21416	141	10	the	the	DET
fbem-21416	141	11	financial	financial	ADJ
fbem-21416	141	12	investment	investment	NOUN
fbem-21416	141	13	department	department	NOUN
fbem-21416	141	14	to	to	PART
fbem-21416	141	15	diversify	diversify	VERB
fbem-21416	141	16	the	the	DET
fbem-21416	141	17	risks	risk	NOUN
fbem-21416	141	18	associated	associate	VERB
fbem-21416	141	19	with	with	ADP
fbem-21416	141	20	the	the	DET
fbem-21416	141	21	investment	investment	NOUN
fbem-21416	141	22	,	,	PUNCT
fbem-21416	141	23	which	which	PRON
fbem-21416	141	24	also	also	ADV
fbem-21416	141	25	means	mean	VERB
fbem-21416	141	26	that	that	SCONJ
fbem-21416	141	27	it	it	PRON
fbem-21416	141	28	pays	pay	VERB
fbem-21416	141	29	less	less	ADJ
fbem-21416	141	30	attention	attention	NOUN
fbem-21416	141	31	to	to	ADP
fbem-21416	141	32	the	the	DET
fbem-21416	141	33	textile	textile	NOUN
fbem-21416	141	34	business	business	NOUN
fbem-21416	141	35	.	.	PUNCT
fbem-21416	142	1	as	as	ADP
fbem-21416	142	2	a	a	DET
fbem-21416	142	3	result	result	NOUN
fbem-21416	142	4	,	,	PUNCT
fbem-21416	142	5	while	while	SCONJ
fbem-21416	142	6	the	the	DET
fbem-21416	142	7	overall	overall	ADJ
fbem-21416	142	8	competence	competence	NOUN
fbem-21416	142	9	of	of	ADP
fbem-21416	142	10	the	the	DET
fbem-21416	142	11	management	management	NOUN
fbem-21416	142	12	of	of	ADP
fbem-21416	142	13	the	the	DET
fbem-21416	142	14	enterprise	enterprise	NOUN
fbem-21416	142	15	remains	remain	VERB
fbem-21416	142	16	unchanged	unchanged	ADJ
fbem-21416	142	17	,	,	PUNCT
fbem-21416	142	18	the	the	DET
fbem-21416	142	19	enterprise	enterprise	NOUN
fbem-21416	142	20	's	's	PART
fbem-21416	142	21	ability	ability	NOUN
fbem-21416	142	22	to	to	PART
fbem-21416	142	23	control	control	VERB
fbem-21416	142	24	and	and	CCONJ
fbem-21416	142	25	manage	manage	VERB
fbem-21416	142	26	the	the	DET
fbem-21416	142	27	real	real	ADJ
fbem-21416	142	28	business	business	NOUN
fbem-21416	142	29	will	will	AUX
fbem-21416	142	30	decline	decline	VERB
fbem-21416	142	31	accordingly	accordingly	ADV
fbem-21416	142	32	.	.	PUNCT
fbem-21416	143	1	managers	manager	NOUN
fbem-21416	143	2	will	will	AUX
fbem-21416	143	3	usually	usually	ADV
fbem-21416	143	4	use	use	VERB
fbem-21416	143	5	more	more	ADJ
fbem-21416	143	6	conservative	conservative	ADJ
fbem-21416	143	7	business	business	NOUN
fbem-21416	143	8	strategies	strategy	NOUN
fbem-21416	143	9	in	in	ADP
fbem-21416	143	10	order	order	NOUN
fbem-21416	143	11	to	to	PART
fbem-21416	143	12	cope	cope	VERB
fbem-21416	143	13	with	with	ADP
fbem-21416	143	14	the	the	DET
fbem-21416	143	15	business	business	NOUN
fbem-21416	143	16	risks	risk	NOUN
fbem-21416	143	17	brought	bring	VERB
fbem-21416	143	18	about	about	ADP
fbem-21416	143	19	by	by	ADP
fbem-21416	143	20	the	the	DET
fbem-21416	143	21	decline	decline	NOUN
fbem-21416	143	22	in	in	ADP
fbem-21416	143	23	business	business	NOUN
fbem-21416	143	24	capacity	capacity	NOUN
fbem-21416	143	25	.	.	PUNCT
fbem-21416	144	1	this	this	PRON
fbem-21416	144	2	leads	lead	VERB
fbem-21416	144	3	to	to	ADP
fbem-21416	144	4	the	the	DET
fbem-21416	144	5	fact	fact	NOUN
fbem-21416	144	6	that	that	SCONJ
fbem-21416	144	7	huamao	huamao	PROPN
fbem-21416	144	8	does	do	AUX
fbem-21416	144	9	not	not	PART
fbem-21416	144	10	fully	fully	ADV
fbem-21416	144	11	utilize	utilize	VERB
fbem-21416	144	12	its	its	PRON
fbem-21416	144	13	production	production	NOUN
fbem-21416	144	14	capacity	capacity	NOUN
fbem-21416	144	15	and	and	CCONJ
fbem-21416	144	16	actively	actively	ADV
fbem-21416	144	17	strive	strive	VERB
fbem-21416	144	18	for	for	ADP
fbem-21416	144	19	market	market	NOUN
fbem-21416	144	20	share	share	NOUN
fbem-21416	144	21	in	in	ADP
fbem-21416	144	22	the	the	DET
fbem-21416	144	23	process	process	NOUN
fbem-21416	144	24	of	of	ADP
fbem-21416	144	25	production	production	NOUN
fbem-21416	144	26	and	and	CCONJ
fbem-21416	144	27	sales	sale	NOUN
fbem-21416	144	28	,	,	PUNCT
fbem-21416	144	29	but	but	CCONJ
fbem-21416	144	30	only	only	ADV
fbem-21416	144	31	appears	appear	VERB
fbem-21416	144	32	to	to	PART
fbem-21416	144	33	be	be	AUX
fbem-21416	144	34	more	more	ADV
fbem-21416	144	35	passive	passive	ADJ
fbem-21416	144	36	.	.	PUNCT
fbem-21416	145	1	therefore	therefore	ADV
fbem-21416	145	2	,	,	PUNCT
fbem-21416	145	3	from	from	ADP
fbem-21416	145	4	the	the	DET
fbem-21416	145	5	aspect	aspect	NOUN
fbem-21416	145	6	of	of	ADP
fbem-21416	145	7	inventory	inventory	NOUN
fbem-21416	145	8	management	management	NOUN
fbem-21416	145	9	,	,	PUNCT
fbem-21416	145	10	we	we	PRON
fbem-21416	145	11	can	can	AUX
fbem-21416	145	12	see	see	VERB
fbem-21416	145	13	that	that	PRON
fbem-21416	145	14	due	due	ADJ
fbem-21416	145	15	to	to	ADP
fbem-21416	145	16	being	be	AUX
fbem-21416	145	17	crowded	crowd	VERB
fbem-21416	145	18	with	with	ADP
fbem-21416	145	19	more	more	ADJ
fbem-21416	145	20	resources	resource	NOUN
fbem-21416	145	21	by	by	ADP
fbem-21416	145	22	the	the	DET
fbem-21416	145	23	investment	investment	NOUN
fbem-21416	145	24	business	business	NOUN
fbem-21416	145	25	,	,	PUNCT
fbem-21416	145	26	huamao	huamao	PROPN
fbem-21416	145	27	shares	share	NOUN
fbem-21416	145	28	did	do	AUX
fbem-21416	145	29	not	not	PART
fbem-21416	145	30	pay	pay	VERB
fbem-21416	145	31	enough	enough	ADJ
fbem-21416	145	32	attention	attention	NOUN
fbem-21416	145	33	to	to	ADP
fbem-21416	145	34	the	the	DET
fbem-21416	145	35	textile	textile	NOUN
fbem-21416	145	36	business	business	NOUN
fbem-21416	145	37	of	of	ADP
fbem-21416	145	38	the	the	DET
fbem-21416	145	39	entity	entity	NOUN
fbem-21416	145	40	sector	sector	NOUN
fbem-21416	145	41	,	,	PUNCT
fbem-21416	145	42	which	which	PRON
fbem-21416	145	43	reduced	reduce	VERB
fbem-21416	145	44	its	its	PRON
fbem-21416	145	45	ability	ability	NOUN
fbem-21416	145	46	to	to	PART
fbem-21416	145	47	explore	explore	VERB
fbem-21416	145	48	and	and	CCONJ
fbem-21416	145	49	develop	develop	VERB
fbem-21416	145	50	more	more	ADJ
fbem-21416	145	51	market	market	NOUN
fbem-21416	145	52	share	share	NOUN
fbem-21416	145	53	and	and	CCONJ
fbem-21416	145	54	led	lead	VERB
fbem-21416	145	55	to	to	ADP
fbem-21416	145	56	a	a	DET
fbem-21416	145	57	decline	decline	NOUN
fbem-21416	145	58	in	in	ADP
fbem-21416	145	59	operational	operational	ADJ
fbem-21416	145	60	efficiency	efficiency	NOUN
fbem-21416	145	61	.	.	PUNCT
fbem-21416	146	1	this	this	PRON
fbem-21416	146	2	is	be	AUX
fbem-21416	146	3	precisely	precisely	ADV
fbem-21416	146	4	the	the	DET
fbem-21416	146	5	reason	reason	NOUN
fbem-21416	146	6	why	why	SCONJ
fbem-21416	146	7	the	the	DET
fbem-21416	146	8	operating	operating	NOUN
fbem-21416	146	9	capacity	capacity	NOUN
fbem-21416	146	10	was	be	AUX
fbem-21416	146	11	strengthened	strengthen	VERB
fbem-21416	146	12	in	in	ADP
fbem-21416	146	13	2013	2013	NUM
fbem-21416	146	14	and	and	CCONJ
fbem-21416	146	15	2018	2018	NUM
fbem-21416	146	16	when	when	SCONJ
fbem-21416	146	17	the	the	DET
fbem-21416	146	18	degree	degree	NOUN
fbem-21416	146	19	of	of	ADP
fbem-21416	146	20	financialization	financialization	NOUN
fbem-21416	146	21	was	be	AUX
fbem-21416	146	22	lower	low	ADJ
fbem-21416	146	23	than	than	ADP
fbem-21416	146	24	the	the	DET
fbem-21416	146	25	previous	previous	ADJ
fbem-21416	146	26	year	year	NOUN
fbem-21416	146	27	.	.	PUNCT
fbem-21416	147	1	4.5	4.5	NUM
fbem-21416	147	2	.	.	PUNCT
fbem-21416	148	1	solvency	solvency	NOUN
fbem-21416	148	2	123	123	NUM
fbem-21416	148	3	figure	figure	NOUN
fbem-21416	148	4	11	11	NUM
fbem-21416	148	5	.	.	PUNCT
fbem-21416	149	1	solvency	solvency	NOUN
fbem-21416	149	2	index	index	NOUN
fbem-21416	149	3	of	of	ADP
fbem-21416	149	4	huamao	huamao	PROPN
fbem-21416	149	5	in	in	ADP
fbem-21416	149	6	this	this	DET
fbem-21416	149	7	paper	paper	NOUN
fbem-21416	149	8	,	,	PUNCT
fbem-21416	149	9	the	the	DET
fbem-21416	149	10	solvency	solvency	NOUN
fbem-21416	149	11	index	index	NOUN
fbem-21416	149	12	is	be	AUX
fbem-21416	149	13	constructed	construct	VERB
fbem-21416	149	14	by	by	ADP
fbem-21416	149	15	current	current	ADJ
fbem-21416	149	16	ratio	ratio	NOUN
fbem-21416	149	17	,	,	PUNCT
fbem-21416	149	18	quick	quick	ADJ
fbem-21416	149	19	ratio	ratio	NOUN
fbem-21416	149	20	,	,	PUNCT
fbem-21416	149	21	gearing	gear	VERB
fbem-21416	149	22	ratio	ratio	NOUN
fbem-21416	149	23	and	and	CCONJ
fbem-21416	149	24	interest	interest	NOUN
fbem-21416	149	25	coverage	coverage	NOUN
fbem-21416	149	26	multiple	multiple	NOUN
fbem-21416	149	27	.	.	PUNCT
fbem-21416	150	1	2010	2010	NUM
fbem-21416	150	2	and	and	CCONJ
fbem-21416	150	3	2011	2011	NUM
fbem-21416	150	4	,	,	PUNCT
fbem-21416	150	5	short	short	ADJ
fbem-21416	150	6	-	-	PUNCT
fbem-21416	150	7	term	term	NOUN
fbem-21416	150	8	liabilities	liability	NOUN
fbem-21416	150	9	increased	increase	VERB
fbem-21416	150	10	year	year	NOUN
fbem-21416	150	11	by	by	ADP
fbem-21416	150	12	year	year	NOUN
fbem-21416	150	13	,	,	PUNCT
fbem-21416	150	14	leading	lead	VERB
fbem-21416	150	15	to	to	ADP
fbem-21416	150	16	the	the	DET
fbem-21416	150	17	increase	increase	NOUN
fbem-21416	150	18	of	of	ADP
fbem-21416	150	19	current	current	ADJ
fbem-21416	150	20	liabilities	liability	NOUN
fbem-21416	150	21	,	,	PUNCT
fbem-21416	150	22	and	and	CCONJ
fbem-21416	150	23	at	at	ADP
fbem-21416	150	24	the	the	DET
fbem-21416	150	25	same	same	ADJ
fbem-21416	150	26	time	time	NOUN
fbem-21416	150	27	,	,	PUNCT
fbem-21416	150	28	the	the	DET
fbem-21416	150	29	enterprise	enterprise	NOUN
fbem-21416	150	30	increased	increase	VERB
fbem-21416	150	31	long	long	ADJ
fbem-21416	150	32	-	-	PUNCT
fbem-21416	150	33	term	term	NOUN
fbem-21416	150	34	equity	equity	NOUN
fbem-21416	150	35	investment	investment	NOUN
fbem-21416	150	36	,	,	PUNCT
fbem-21416	150	37	which	which	PRON
fbem-21416	150	38	ultimately	ultimately	ADV
fbem-21416	150	39	led	lead	VERB
fbem-21416	150	40	to	to	ADP
fbem-21416	150	41	huamao	huamao	PROPN
fbem-21416	150	42	's	's	PART
fbem-21416	150	43	current	current	ADJ
fbem-21416	150	44	ratio	ratio	NOUN
fbem-21416	150	45	is	be	AUX
fbem-21416	150	46	seriously	seriously	ADV
fbem-21416	150	47	lower	low	ADJ
fbem-21416	150	48	than	than	ADP
fbem-21416	150	49	the	the	DET
fbem-21416	150	50	industry	industry	NOUN
fbem-21416	150	51	average	average	NOUN
fbem-21416	150	52	;	;	PUNCT
fbem-21416	150	53	2011	2011	NUM
fbem-21416	150	54	,	,	PUNCT
fbem-21416	150	55	2012	2012	NUM
fbem-21416	150	56	and	and	CCONJ
fbem-21416	150	57	2013	2013	NUM
fbem-21416	150	58	,	,	PUNCT
fbem-21416	150	59	current	current	ADJ
fbem-21416	150	60	liabilities	liability	NOUN
fbem-21416	150	61	showed	show	VERB
fbem-21416	150	62	a	a	DET
fbem-21416	150	63	decreasing	decrease	VERB
fbem-21416	150	64	trend	trend	NOUN
fbem-21416	150	65	,	,	PUNCT
fbem-21416	150	66	but	but	CCONJ
fbem-21416	150	67	the	the	DET
fbem-21416	150	68	enterprise	enterprise	NOUN
fbem-21416	150	69	in	in	ADP
fbem-21416	150	70	2011	2011	NUM
fbem-21416	150	71	,	,	PUNCT
fbem-21416	150	72	2012	2012	NUM
fbem-21416	150	73	and	and	CCONJ
fbem-21416	150	74	2013	2013	NUM
fbem-21416	150	75	,	,	PUNCT
fbem-21416	150	76	current	current	ADJ
fbem-21416	150	77	liabilities	liability	NOUN
fbem-21416	150	78	showed	show	VERB
fbem-21416	150	79	a	a	DET
fbem-21416	150	80	decreasing	decrease	VERB
fbem-21416	150	81	trend	trend	NOUN
fbem-21416	150	82	,	,	PUNCT
fbem-21416	150	83	but	but	CCONJ
fbem-21416	150	84	the	the	DET
fbem-21416	150	85	enterprise	enterprise	NOUN
fbem-21416	150	86	continuously	continuously	ADV
fbem-21416	150	87	increased	increase	VERB
fbem-21416	150	88	long	long	ADJ
fbem-21416	150	89	-	-	PUNCT
fbem-21416	150	90	term	term	NOUN
fbem-21416	150	91	equity	equity	NOUN
fbem-21416	150	92	investment	investment	NOUN
fbem-21416	150	93	,	,	PUNCT
fbem-21416	150	94	resulting	result	VERB
fbem-21416	150	95	in	in	ADP
fbem-21416	150	96	current	current	ADJ
fbem-21416	150	97	assets	asset	NOUN
fbem-21416	150	98	also	also	ADV
fbem-21416	150	99	showed	show	VERB
fbem-21416	150	100	a	a	DET
fbem-21416	150	101	decreasing	decrease	VERB
fbem-21416	150	102	trend	trend	NOUN
fbem-21416	150	103	;	;	PUNCT
fbem-21416	150	104	in	in	ADP
fbem-21416	150	105	2014	2014	NUM
fbem-21416	150	106	,	,	PUNCT
fbem-21416	150	107	the	the	DET
fbem-21416	150	108	current	current	ADJ
fbem-21416	150	109	ratio	ratio	NOUN
fbem-21416	150	110	increased	increase	VERB
fbem-21416	150	111	significantly	significantly	ADV
fbem-21416	150	112	and	and	CCONJ
fbem-21416	150	113	the	the	DET
fbem-21416	150	114	solvency	solvency	NOUN
fbem-21416	150	115	index	index	NOUN
fbem-21416	150	116	fluctuated	fluctuate	VERB
fbem-21416	150	117	abnormally	abnormally	ADV
fbem-21416	150	118	,	,	PUNCT
fbem-21416	150	119	which	which	PRON
fbem-21416	150	120	was	be	AUX
fbem-21416	150	121	mainly	mainly	ADV
fbem-21416	150	122	due	due	ADJ
fbem-21416	150	123	to	to	ADP
fbem-21416	150	124	the	the	DET
fbem-21416	150	125	fact	fact	NOUN
fbem-21416	150	126	that	that	SCONJ
fbem-21416	150	127	the	the	DET
fbem-21416	150	128	profit	profit	NOUN
fbem-21416	150	129	from	from	ADP
fbem-21416	150	130	the	the	DET
fbem-21416	150	131	main	main	ADJ
fbem-21416	150	132	business	business	NOUN
fbem-21416	150	133	in	in	ADP
fbem-21416	150	134	that	that	DET
fbem-21416	150	135	year	year	NOUN
fbem-21416	150	136	was	be	AUX
fbem-21416	150	137	relatively	relatively	ADV
fbem-21416	150	138	considerable	considerable	ADJ
fbem-21416	150	139	and	and	CCONJ
fbem-21416	150	140	some	some	DET
fbem-21416	150	141	short	short	ADJ
fbem-21416	150	142	-	-	PUNCT
fbem-21416	150	143	term	term	NOUN
fbem-21416	150	144	loans	loan	NOUN
fbem-21416	150	145	were	be	AUX
fbem-21416	150	146	returned	return	VERB
fbem-21416	150	147	.	.	PUNCT
fbem-21416	151	1	therefore	therefore	ADV
fbem-21416	151	2	,	,	PUNCT
fbem-21416	151	3	in	in	ADP
fbem-21416	151	4	general	general	ADJ
fbem-21416	151	5	,	,	PUNCT
fbem-21416	151	6	the	the	DET
fbem-21416	151	7	short	short	ADJ
fbem-21416	151	8	-	-	PUNCT
fbem-21416	151	9	term	term	NOUN
fbem-21416	151	10	debt	debt	NOUN
fbem-21416	151	11	and	and	CCONJ
fbem-21416	151	12	long	long	ADJ
fbem-21416	151	13	-	-	PUNCT
fbem-21416	151	14	term	term	NOUN
fbem-21416	151	15	investment	investment	NOUN
fbem-21416	151	16	of	of	ADP
fbem-21416	151	17	huamao	huamao	PROPN
fbem-21416	151	18	stock	stock	NOUN
fbem-21416	151	19	at	at	ADP
fbem-21416	151	20	the	the	DET
fbem-21416	151	21	stage	stage	NOUN
fbem-21416	151	22	of	of	ADP
fbem-21416	151	23	financialization	financialization	NOUN
fbem-21416	151	24	will	will	AUX
fbem-21416	151	25	inevitably	inevitably	ADV
fbem-21416	151	26	lead	lead	VERB
fbem-21416	151	27	to	to	ADP
fbem-21416	151	28	the	the	DET
fbem-21416	151	29	negative	negative	ADJ
fbem-21416	151	30	impact	impact	NOUN
fbem-21416	151	31	on	on	ADP
fbem-21416	151	32	the	the	DET
fbem-21416	151	33	short	short	ADJ
fbem-21416	151	34	-	-	PUNCT
fbem-21416	151	35	term	term	NOUN
fbem-21416	151	36	debt	debt	NOUN
fbem-21416	151	37	-	-	PUNCT
fbem-21416	151	38	servicing	service	VERB
fbem-21416	151	39	ability	ability	NOUN
fbem-21416	151	40	of	of	ADP
fbem-21416	151	41	the	the	DET
fbem-21416	151	42	enterprise	enterprise	NOUN
fbem-21416	151	43	.	.	PUNCT
fbem-21416	152	1	in	in	ADP
fbem-21416	152	2	the	the	DET
fbem-21416	152	3	late	late	ADJ
fbem-21416	152	4	stage	stage	NOUN
fbem-21416	152	5	of	of	ADP
fbem-21416	152	6	financialization	financialization	NOUN
fbem-21416	152	7	,	,	PUNCT
fbem-21416	152	8	the	the	DET
fbem-21416	152	9	enterprise	enterprise	NOUN
fbem-21416	152	10	may	may	AUX
fbem-21416	152	11	be	be	AUX
fbem-21416	152	12	aware	aware	ADJ
fbem-21416	152	13	of	of	ADP
fbem-21416	152	14	the	the	DET
fbem-21416	152	15	continuous	continuous	ADJ
fbem-21416	152	16	deterioration	deterioration	NOUN
fbem-21416	152	17	of	of	ADP
fbem-21416	152	18	the	the	DET
fbem-21416	152	19	liquidity	liquidity	NOUN
fbem-21416	152	20	situation	situation	NOUN
fbem-21416	152	21	,	,	PUNCT
fbem-21416	152	22	and	and	CCONJ
fbem-21416	152	23	in	in	ADP
fbem-21416	152	24	2019	2019	NUM
fbem-21416	152	25	,	,	PUNCT
fbem-21416	152	26	it	it	PRON
fbem-21416	152	27	began	begin	VERB
fbem-21416	152	28	to	to	PART
fbem-21416	152	29	roll	roll	VERB
fbem-21416	152	30	back	back	ADP
fbem-21416	152	31	funds	fund	NOUN
fbem-21416	152	32	,	,	PUNCT
fbem-21416	152	33	constantly	constantly	ADV
fbem-21416	152	34	dispose	dispose	VERB
fbem-21416	152	35	of	of	ADP
fbem-21416	152	36	available	available	ADJ
fbem-21416	152	37	-	-	PUNCT
fbem-21416	152	38	for	for	ADP
fbem-21416	152	39	-	-	PUNCT
fbem-21416	152	40	sale	sale	NOUN
fbem-21416	152	41	financial	financial	ADJ
fbem-21416	152	42	assets	asset	NOUN
fbem-21416	152	43	,	,	PUNCT
fbem-21416	152	44	reduce	reduce	VERB
fbem-21416	152	45	longterm	longterm	ADJ
fbem-21416	152	46	investments	investment	NOUN
fbem-21416	152	47	,	,	PUNCT
fbem-21416	152	48	increase	increase	VERB
fbem-21416	152	49	short	short	ADJ
fbem-21416	152	50	-	-	PUNCT
fbem-21416	152	51	term	term	NOUN
fbem-21416	152	52	investments	investment	NOUN
fbem-21416	152	53	,	,	PUNCT
fbem-21416	152	54	and	and	CCONJ
fbem-21416	152	55	although	although	SCONJ
fbem-21416	152	56	it	it	PRON
fbem-21416	152	57	increases	increase	VERB
fbem-21416	152	58	short	short	ADJ
fbem-21416	152	59	-	-	PUNCT
fbem-21416	152	60	term	term	NOUN
fbem-21416	152	61	borrowings	borrowing	NOUN
fbem-21416	152	62	,	,	PUNCT
fbem-21416	152	63	the	the	DET
fbem-21416	152	64	use	use	NOUN
fbem-21416	152	65	of	of	ADP
fbem-21416	152	66	funds	fund	NOUN
fbem-21416	152	67	is	be	AUX
fbem-21416	152	68	more	more	ADJ
fbem-21416	152	69	in	in	ADP
fbem-21416	152	70	daily	daily	ADJ
fbem-21416	152	71	operations	operation	NOUN
fbem-21416	152	72	,	,	PUNCT
fbem-21416	152	73	and	and	CCONJ
fbem-21416	152	74	the	the	DET
fbem-21416	152	75	current	current	ADJ
fbem-21416	152	76	ratio	ratio	NOUN
fbem-21416	152	77	gradually	gradually	ADV
fbem-21416	152	78	rises	rise	VERB
fbem-21416	152	79	until	until	SCONJ
fbem-21416	152	80	it	it	PRON
fbem-21416	152	81	breaks	break	VERB
fbem-21416	152	82	through	through	ADP
fbem-21416	152	83	2	2	NUM
fbem-21416	152	84	in	in	ADP
fbem-21416	152	85	2022	2022	NUM
fbem-21416	152	86	.	.	PUNCT
fbem-21416	153	1	figure	figure	NOUN
fbem-21416	153	2	12	12	NUM
fbem-21416	153	3	.	.	PUNCT
fbem-21416	154	1	comparison	comparison	NOUN
fbem-21416	154	2	between	between	ADP
fbem-21416	154	3	enterprises	enterprise	NOUN
fbem-21416	154	4	and	and	CCONJ
fbem-21416	154	5	industry	industry	NOUN
fbem-21416	154	6	average	average	NOUN
fbem-21416	154	7	as	as	ADP
fbem-21416	154	8	yarn	yarn	NOUN
fbem-21416	154	9	and	and	CCONJ
fbem-21416	154	10	grey	grey	ADJ
fbem-21416	154	11	fabric	fabric	NOUN
fbem-21416	154	12	belong	belong	VERB
fbem-21416	154	13	to	to	ADP
fbem-21416	154	14	intermediate	intermediate	ADJ
fbem-21416	154	15	products	product	NOUN
fbem-21416	154	16	with	with	ADP
fbem-21416	154	17	low	low	ADJ
fbem-21416	154	18	barriers	barrier	NOUN
fbem-21416	154	19	to	to	ADP
fbem-21416	154	20	entry	entry	NOUN
fbem-21416	154	21	,	,	PUNCT
fbem-21416	154	22	sandwiched	sandwich	VERB
fbem-21416	154	23	between	between	ADP
fbem-21416	154	24	the	the	DET
fbem-21416	154	25	policyprotected	policyprotecte	VERB
fbem-21416	154	26	upstream	upstream	ADJ
fbem-21416	154	27	cotton	cotton	NOUN
fbem-21416	154	28	farmers	farmer	NOUN
fbem-21416	154	29	and	and	CCONJ
fbem-21416	154	30	the	the	DET
fbem-21416	154	31	consumer	consumer	NOUN
fbem-21416	154	32	-	-	PUNCT
fbem-21416	154	33	facing	face	VERB
fbem-21416	154	34	downstream	downstream	ADJ
fbem-21416	154	35	apparel	apparel	NOUN
fbem-21416	154	36	industry	industry	NOUN
fbem-21416	154	37	,	,	PUNCT
fbem-21416	154	38	the	the	DET
fbem-21416	154	39	bargaining	bargaining	NOUN
fbem-21416	154	40	power	power	NOUN
fbem-21416	154	41	is	be	AUX
fbem-21416	154	42	lower	low	ADJ
fbem-21416	154	43	than	than	ADP
fbem-21416	154	44	that	that	PRON
fbem-21416	154	45	of	of	ADP
fbem-21416	154	46	home	home	NOUN
fbem-21416	154	47	textile	textile	NOUN
fbem-21416	154	48	manufacturers	manufacturer	NOUN
fbem-21416	154	49	and	and	CCONJ
fbem-21416	154	50	textile	textile	NOUN
fbem-21416	154	51	printing	printing	NOUN
fbem-21416	154	52	and	and	CCONJ
fbem-21416	154	53	dyeing	dyeing	NOUN
fbem-21416	154	54	enterprises	enterprise	NOUN
fbem-21416	154	55	,	,	PUNCT
fbem-21416	154	56	resulting	result	VERB
fbem-21416	154	57	in	in	ADP
fbem-21416	154	58	a	a	DET
fbem-21416	154	59	high	high	ADJ
fbem-21416	154	60	ratio	ratio	NOUN
fbem-21416	154	61	of	of	ADP
fbem-21416	154	62	prepayments	prepayment	NOUN
fbem-21416	154	63	and	and	CCONJ
fbem-21416	154	64	easy	easy	ADJ
fbem-21416	154	65	to	to	PART
fbem-21416	154	66	build	build	VERB
fbem-21416	154	67	up	up	ADP
fbem-21416	154	68	inventories	inventory	NOUN
fbem-21416	154	69	,	,	PUNCT
fbem-21416	154	70	and	and	CCONJ
fbem-21416	154	71	the	the	DET
fbem-21416	154	72	quick	quick	ADJ
fbem-21416	154	73	ratio	ratio	NOUN
fbem-21416	154	74	of	of	ADP
fbem-21416	154	75	huamao	huamao	PROPN
fbem-21416	154	76	is	be	AUX
fbem-21416	154	77	much	much	ADV
fbem-21416	154	78	lower	low	ADJ
fbem-21416	154	79	than	than	ADP
fbem-21416	154	80	the	the	DET
fbem-21416	154	81	industry	industry	NOUN
fbem-21416	154	82	average	average	NOUN
fbem-21416	154	83	,	,	PUNCT
fbem-21416	154	84	ranking	rank	VERB
fbem-21416	154	85	the	the	DET
fbem-21416	154	86	bottom	bottom	NOUN
fbem-21416	154	87	among	among	ADP
fbem-21416	154	88	all	all	DET
fbem-21416	154	89	textile	textile	NOUN
fbem-21416	154	90	enterprises	enterprise	NOUN
fbem-21416	154	91	.	.	PUNCT
fbem-21416	155	1	this	this	PRON
fbem-21416	155	2	is	be	AUX
fbem-21416	155	3	mainly	mainly	ADV
fbem-21416	155	4	due	due	ADJ
fbem-21416	155	5	to	to	ADP
fbem-21416	155	6	the	the	DET
fbem-21416	155	7	fact	fact	NOUN
fbem-21416	155	8	that	that	SCONJ
fbem-21416	155	9	huamao	huamao	PROPN
fbem-21416	155	10	invests	invest	VERB
fbem-21416	155	11	its	its	PRON
fbem-21416	155	12	capital	capital	NOUN
fbem-21416	155	13	in	in	ADP
fbem-21416	155	14	longterm	longterm	PROPN
fbem-21416	155	15	equity	equity	NOUN
fbem-21416	155	16	investment	investment	NOUN
fbem-21416	155	17	and	and	CCONJ
fbem-21416	155	18	available	available	ADJ
fbem-21416	155	19	-	-	PUNCT
fbem-21416	155	20	for	for	ADP
fbem-21416	155	21	-	-	PUNCT
fbem-21416	155	22	sale	sale	NOUN
fbem-21416	155	23	financial	financial	ADJ
fbem-21416	155	24	assets	asset	NOUN
fbem-21416	155	25	,	,	PUNCT
fbem-21416	155	26	a	a	DET
fbem-21416	155	27	large	large	ADJ
fbem-21416	155	28	amount	amount	NOUN
fbem-21416	155	29	of	of	ADP
fbem-21416	155	30	production	production	NOUN
fbem-21416	155	31	capital	capital	NOUN
fbem-21416	155	32	is	be	AUX
fbem-21416	155	33	occupied	occupy	VERB
fbem-21416	155	34	,	,	PUNCT
fbem-21416	155	35	and	and	CCONJ
fbem-21416	155	36	shortterm	shortterm	PROPN
fbem-21416	155	37	borrowing	borrowing	NOUN
fbem-21416	155	38	has	have	AUX
fbem-21416	155	39	become	become	VERB
fbem-21416	155	40	an	an	DET
fbem-21416	155	41	important	important	ADJ
fbem-21416	155	42	source	source	NOUN
fbem-21416	155	43	of	of	ADP
fbem-21416	155	44	corporate	corporate	ADJ
fbem-21416	155	45	capital	capital	NOUN
fbem-21416	155	46	,	,	PUNCT
fbem-21416	155	47	with	with	ADP
fbem-21416	155	48	serious	serious	ADJ
fbem-21416	155	49	capital	capital	NOUN
fbem-21416	155	50	mismatch	mismatch	NOUN
fbem-21416	155	51	.	.	PUNCT
fbem-21416	156	1	in	in	ADP
fbem-21416	156	2	order	order	NOUN
fbem-21416	156	3	to	to	PART
fbem-21416	156	4	avoid	avoid	VERB
fbem-21416	156	5	the	the	DET
fbem-21416	156	6	impact	impact	NOUN
fbem-21416	156	7	of	of	ADP
fbem-21416	156	8	short	short	ADJ
fbem-21416	156	9	-	-	PUNCT
fbem-21416	156	10	term	term	NOUN
fbem-21416	156	11	changes	change	NOUN
fbem-21416	156	12	in	in	ADP
fbem-21416	156	13	fair	fair	ADJ
fbem-21416	156	14	value	value	NOUN
fbem-21416	156	15	of	of	ADP
fbem-21416	156	16	financial	financial	ADJ
fbem-21416	156	17	assets	asset	NOUN
fbem-21416	156	18	on	on	ADP
fbem-21416	156	19	their	their	PRON
fbem-21416	156	20	own	own	ADJ
fbem-21416	156	21	profits	profit	NOUN
fbem-21416	156	22	,	,	PUNCT
fbem-21416	156	23	most	most	ADJ
fbem-21416	156	24	enterprises	enterprise	NOUN
fbem-21416	156	25	tend	tend	VERB
fbem-21416	156	26	to	to	PART
fbem-21416	156	27	control	control	VERB
fbem-21416	156	28	the	the	DET
fbem-21416	156	29	accounting	accounting	NOUN
fbem-21416	156	30	method	method	NOUN
fbem-21416	156	31	of	of	ADP
fbem-21416	156	32	financial	financial	ADJ
fbem-21416	156	33	assets	asset	NOUN
fbem-21416	156	34	,	,	PUNCT
fbem-21416	156	35	and	and	CCONJ
fbem-21416	156	36	more	more	ADV
fbem-21416	156	37	often	often	ADV
fbem-21416	156	38	pass	pass	VERB
fbem-21416	156	39	the	the	DET
fbem-21416	156	40	large	large	ADJ
fbem-21416	156	41	amount	amount	NOUN
fbem-21416	156	42	of	of	ADP
fbem-21416	156	43	financial	financial	ADJ
fbem-21416	156	44	assets	asset	NOUN
fbem-21416	156	45	through	through	ADP
fbem-21416	156	46	the	the	DET
fbem-21416	156	47	account	account	NOUN
fbem-21416	156	48	of	of	ADP
fbem-21416	156	49	available	available	ADJ
fbem-21416	156	50	-	-	PUNCT
fbem-21416	156	51	for	for	ADP
fbem-21416	156	52	-	-	PUNCT
fbem-21416	156	53	sale	sale	NOUN
fbem-21416	156	54	financial	financial	ADJ
fbem-21416	156	55	assets	asset	NOUN
fbem-21416	156	56	instead	instead	ADV
fbem-21416	156	57	of	of	ADP
fbem-21416	156	58	accounting	account	VERB
fbem-21416	156	59	through	through	ADP
fbem-21416	156	60	the	the	DET
fbem-21416	156	61	account	account	NOUN
fbem-21416	156	62	of	of	ADP
fbem-21416	156	63	financial	financial	ADJ
fbem-21416	156	64	assets	asset	NOUN
fbem-21416	156	65	at	at	ADP
fbem-21416	156	66	fair	fair	ADJ
fbem-21416	156	67	value	value	NOUN
fbem-21416	156	68	through	through	ADP
fbem-21416	156	69	profit	profit	NOUN
fbem-21416	156	70	or	or	CCONJ
fbem-21416	156	71	loss	loss	NOUN
fbem-21416	156	72	,	,	PUNCT
fbem-21416	156	73	so	so	SCONJ
fbem-21416	156	74	that	that	SCONJ
fbem-21416	156	75	the	the	DET
fbem-21416	156	76	financial	financial	ADJ
fbem-21416	156	77	assets	asset	NOUN
fbem-21416	156	78	of	of	ADP
fbem-21416	156	79	the	the	DET
fbem-21416	156	80	enterprise	enterprise	NOUN
fbem-21416	156	81	are	be	AUX
fbem-21416	156	82	mostly	mostly	ADV
fbem-21416	156	83	long	long	ADJ
fbem-21416	156	84	-	-	PUNCT
fbem-21416	156	85	term	term	NOUN
fbem-21416	156	86	assets	asset	NOUN
fbem-21416	156	87	.	.	PUNCT
fbem-21416	157	1	from	from	ADP
fbem-21416	157	2	the	the	DET
fbem-21416	157	3	perspective	perspective	NOUN
fbem-21416	157	4	of	of	ADP
fbem-21416	157	5	gearing	gear	VERB
fbem-21416	157	6	ratio	ratio	NOUN
fbem-21416	157	7	,	,	PUNCT
fbem-21416	157	8	huamao	huamao	PROPN
fbem-21416	157	9	's	's	PART
fbem-21416	157	10	liabilities	liability	NOUN
fbem-21416	157	11	are	be	AUX
fbem-21416	157	12	mainly	mainly	ADV
fbem-21416	157	13	short	short	ADJ
fbem-21416	157	14	-	-	PUNCT
fbem-21416	157	15	term	term	NOUN
fbem-21416	157	16	liabilities	liability	NOUN
fbem-21416	157	17	.	.	PUNCT
fbem-21416	158	1	in	in	ADP
fbem-21416	158	2	the	the	DET
fbem-21416	158	3	stage	stage	NOUN
fbem-21416	158	4	of	of	ADP
fbem-21416	158	5	financialization	financialization	NOUN
fbem-21416	158	6	,	,	PUNCT
fbem-21416	158	7	huamao	huamao	PROPN
fbem-21416	158	8	increases	increase	VERB
fbem-21416	158	9	its	its	PRON
fbem-21416	158	10	leverage	leverage	NOUN
fbem-21416	158	11	by	by	ADP
fbem-21416	158	12	increasing	increase	VERB
fbem-21416	158	13	short	short	ADJ
fbem-21416	158	14	-	-	PUNCT
fbem-21416	158	15	term	term	NOUN
fbem-21416	158	16	liabilities	liability	NOUN
fbem-21416	158	17	,	,	PUNCT
fbem-21416	158	18	and	and	CCONJ
fbem-21416	158	19	in	in	ADP
fbem-21416	158	20	the	the	DET
fbem-21416	158	21	period	period	NOUN
fbem-21416	158	22	of	of	ADP
fbem-21416	158	23	de	de	NOUN
fbem-21416	158	24	-	-	NOUN
fbem-21416	158	25	financialization	financialization	NOUN
fbem-21416	158	26	,	,	PUNCT
fbem-21416	158	27	huamao	huamao	PROPN
fbem-21416	158	28	recovers	recover	VERB
fbem-21416	158	29	funds	fund	NOUN
fbem-21416	158	30	by	by	ADP
fbem-21416	158	31	selling	sell	VERB
fbem-21416	158	32	financial	financial	ADJ
fbem-21416	158	33	assets	asset	NOUN
fbem-21416	158	34	,	,	PUNCT
fbem-21416	158	35	and	and	CCONJ
fbem-21416	158	36	its	its	PRON
fbem-21416	158	37	124	124	NUM
fbem-21416	158	38	leverage	leverage	NOUN
fbem-21416	158	39	decreases	decrease	NOUN
fbem-21416	158	40	and	and	CCONJ
fbem-21416	158	41	is	be	AUX
fbem-21416	158	42	significantly	significantly	ADV
fbem-21416	158	43	smaller	small	ADJ
fbem-21416	158	44	than	than	ADP
fbem-21416	158	45	the	the	DET
fbem-21416	158	46	industry	industry	NOUN
fbem-21416	158	47	average	average	NOUN
fbem-21416	158	48	.	.	PUNCT
fbem-21416	159	1	the	the	DET
fbem-21416	159	2	financialization	financialization	NOUN
fbem-21416	159	3	of	of	ADP
fbem-21416	159	4	huamao	huamao	PROPN
fbem-21416	159	5	shares	share	NOUN
fbem-21416	159	6	despite	despite	SCONJ
fbem-21416	159	7	its	its	PRON
fbem-21416	159	8	own	own	ADJ
fbem-21416	159	9	insufficient	insufficient	ADJ
fbem-21416	159	10	liquidity	liquidity	NOUN
fbem-21416	159	11	still	still	ADV
fbem-21416	159	12	leads	lead	VERB
fbem-21416	159	13	to	to	ADP
fbem-21416	159	14	the	the	DET
fbem-21416	159	15	use	use	NOUN
fbem-21416	159	16	of	of	ADP
fbem-21416	159	17	funds	fund	NOUN
fbem-21416	159	18	,	,	PUNCT
fbem-21416	159	19	which	which	PRON
fbem-21416	159	20	in	in	ADP
fbem-21416	159	21	turn	turn	NOUN
fbem-21416	159	22	causes	cause	VERB
fbem-21416	159	23	the	the	DET
fbem-21416	159	24	increase	increase	NOUN
fbem-21416	159	25	of	of	ADP
fbem-21416	159	26	leverage	leverage	NOUN
fbem-21416	159	27	.	.	PUNCT
fbem-21416	160	1	from	from	ADP
fbem-21416	160	2	the	the	DET
fbem-21416	160	3	point	point	NOUN
fbem-21416	160	4	of	of	ADP
fbem-21416	160	5	view	view	NOUN
fbem-21416	160	6	of	of	ADP
fbem-21416	160	7	interest	interest	NOUN
fbem-21416	160	8	coverage	coverage	NOUN
fbem-21416	160	9	multiple	multiple	NOUN
fbem-21416	160	10	,	,	PUNCT
fbem-21416	160	11	because	because	SCONJ
fbem-21416	160	12	the	the	DET
fbem-21416	160	13	increase	increase	NOUN
fbem-21416	160	14	of	of	ADP
fbem-21416	160	15	loan	loan	NOUN
fbem-21416	160	16	interest	interest	NOUN
fbem-21416	160	17	expense	expense	NOUN
fbem-21416	160	18	caused	cause	VERB
fbem-21416	160	19	by	by	ADP
fbem-21416	160	20	exchange	exchange	NOUN
fbem-21416	160	21	rate	rate	NOUN
fbem-21416	160	22	changes	change	NOUN
fbem-21416	160	23	led	lead	VERB
fbem-21416	160	24	to	to	ADP
fbem-21416	160	25	a	a	DET
fbem-21416	160	26	significant	significant	ADJ
fbem-21416	160	27	decline	decline	NOUN
fbem-21416	160	28	in	in	ADP
fbem-21416	160	29	the	the	DET
fbem-21416	160	30	interest	interest	NOUN
fbem-21416	160	31	coverage	coverage	NOUN
fbem-21416	160	32	multiple	multiple	NOUN
fbem-21416	160	33	of	of	ADP
fbem-21416	160	34	huamao	huamao	PROPN
fbem-21416	160	35	shares	share	NOUN
fbem-21416	160	36	in	in	ADP
fbem-21416	160	37	2014	2014	NUM
fbem-21416	160	38	,	,	PUNCT
fbem-21416	160	39	the	the	DET
fbem-21416	160	40	industry	industry	NOUN
fbem-21416	160	41	interest	interest	NOUN
fbem-21416	160	42	coverage	coverage	NOUN
fbem-21416	160	43	multiple	multiple	NOUN
fbem-21416	160	44	rose	rise	VERB
fbem-21416	160	45	in	in	ADP
fbem-21416	160	46	2010	2010	NUM
fbem-21416	160	47	-	-	SYM
fbem-21416	160	48	2015	2015	NUM
fbem-21416	160	49	,	,	PUNCT
fbem-21416	160	50	but	but	CCONJ
fbem-21416	160	51	the	the	DET
fbem-21416	160	52	interest	interest	NOUN
fbem-21416	160	53	coverage	coverage	NOUN
fbem-21416	160	54	multiple	multiple	NOUN
fbem-21416	160	55	of	of	ADP
fbem-21416	160	56	huamao	huamao	PROPN
fbem-21416	160	57	shares	share	NOUN
fbem-21416	160	58	is	be	AUX
fbem-21416	160	59	declining	decline	VERB
fbem-21416	160	60	,	,	PUNCT
fbem-21416	160	61	mainly	mainly	ADV
fbem-21416	160	62	because	because	SCONJ
fbem-21416	160	63	although	although	SCONJ
fbem-21416	160	64	the	the	DET
fbem-21416	160	65	investment	investment	NOUN
fbem-21416	160	66	income	income	NOUN
fbem-21416	160	67	of	of	ADP
fbem-21416	160	68	huamao	huamao	PROPN
fbem-21416	160	69	shares	share	NOUN
fbem-21416	160	70	in	in	ADP
fbem-21416	160	71	this	this	DET
fbem-21416	160	72	period	period	NOUN
fbem-21416	160	73	is	be	AUX
fbem-21416	160	74	rising	rise	VERB
fbem-21416	160	75	,	,	PUNCT
fbem-21416	160	76	but	but	CCONJ
fbem-21416	160	77	the	the	DET
fbem-21416	160	78	operating	operate	VERB
fbem-21416	160	79	profit	profit	NOUN
fbem-21416	160	80	is	be	AUX
fbem-21416	160	81	declining	decline	VERB
fbem-21416	160	82	,	,	PUNCT
fbem-21416	160	83	the	the	DET
fbem-21416	160	84	comprehensive	comprehensive	ADJ
fbem-21416	160	85	down	down	ADP
fbem-21416	160	86	huamao	huamao	PROPN
fbem-21416	160	87	's	's	PART
fbem-21416	160	88	ebit	ebit	NOUN
fbem-21416	160	89	is	be	AUX
fbem-21416	160	90	still	still	ADV
fbem-21416	160	91	decreasing	decrease	VERB
fbem-21416	160	92	,	,	PUNCT
fbem-21416	160	93	and	and	CCONJ
fbem-21416	160	94	the	the	DET
fbem-21416	160	95	increasing	increase	VERB
fbem-21416	160	96	short	short	ADJ
fbem-21416	160	97	-	-	PUNCT
fbem-21416	160	98	term	term	NOUN
fbem-21416	160	99	borrowing	borrowing	NOUN
fbem-21416	160	100	leads	lead	VERB
fbem-21416	160	101	to	to	ADP
fbem-21416	160	102	the	the	DET
fbem-21416	160	103	increase	increase	NOUN
fbem-21416	160	104	of	of	ADP
fbem-21416	160	105	financial	financial	ADJ
fbem-21416	160	106	expenses	expense	NOUN
fbem-21416	160	107	,	,	PUNCT
fbem-21416	160	108	which	which	PRON
fbem-21416	160	109	in	in	ADP
fbem-21416	160	110	turn	turn	NOUN
fbem-21416	160	111	leads	lead	VERB
fbem-21416	160	112	to	to	ADP
fbem-21416	160	113	the	the	DET
fbem-21416	160	114	decrease	decrease	NOUN
fbem-21416	160	115	of	of	ADP
fbem-21416	160	116	interest	interest	NOUN
fbem-21416	160	117	coverage	coverage	NOUN
fbem-21416	160	118	multiple	multiple	NOUN
fbem-21416	160	119	;	;	PUNCT
fbem-21416	160	120	in	in	ADP
fbem-21416	160	121	2016	2016	NUM
fbem-21416	160	122	,	,	PUNCT
fbem-21416	160	123	it	it	PRON
fbem-21416	160	124	is	be	AUX
fbem-21416	160	125	just	just	ADV
fbem-21416	160	126	the	the	DET
fbem-21416	160	127	opposite	opposite	NOUN
fbem-21416	160	128	,	,	PUNCT
fbem-21416	160	129	although	although	SCONJ
fbem-21416	160	130	the	the	DET
fbem-21416	160	131	investment	investment	NOUN
fbem-21416	160	132	income	income	NOUN
fbem-21416	160	133	at	at	ADP
fbem-21416	160	134	this	this	DET
fbem-21416	160	135	stage	stage	NOUN
fbem-21416	160	136	is	be	AUX
fbem-21416	160	137	decreasing	decrease	VERB
fbem-21416	160	138	because	because	SCONJ
fbem-21416	160	139	of	of	ADP
fbem-21416	160	140	the	the	DET
fbem-21416	160	141	decrease	decrease	NOUN
fbem-21416	160	142	of	of	ADP
fbem-21416	160	143	financial	financial	ADJ
fbem-21416	160	144	assets	asset	NOUN
fbem-21416	160	145	due	due	ADP
fbem-21416	160	146	to	to	ADP
fbem-21416	160	147	the	the	DET
fbem-21416	160	148	continuous	continuous	ADJ
fbem-21416	160	149	disposal	disposal	NOUN
fbem-21416	160	150	of	of	ADP
fbem-21416	160	151	financial	financial	ADJ
fbem-21416	160	152	assets	asset	NOUN
fbem-21416	160	153	and	and	CCONJ
fbem-21416	160	154	the	the	DET
fbem-21416	160	155	decrease	decrease	NOUN
fbem-21416	160	156	of	of	ADP
fbem-21416	160	157	investment	investment	NOUN
fbem-21416	160	158	income	income	NOUN
fbem-21416	160	159	year	year	NOUN
fbem-21416	160	160	by	by	ADP
fbem-21416	160	161	year	year	NOUN
fbem-21416	160	162	,	,	PUNCT
fbem-21416	160	163	but	but	CCONJ
fbem-21416	160	164	the	the	DET
fbem-21416	160	165	operating	operate	VERB
fbem-21416	160	166	profit	profit	NOUN
fbem-21416	160	167	is	be	AUX
fbem-21416	160	168	increasing	increase	VERB
fbem-21416	160	169	,	,	PUNCT
fbem-21416	160	170	and	and	CCONJ
fbem-21416	160	171	accompanied	accompany	VERB
fbem-21416	160	172	by	by	ADP
fbem-21416	160	173	the	the	DET
fbem-21416	160	174	decreasing	decrease	VERB
fbem-21416	160	175	interest	interest	NOUN
fbem-21416	160	176	expense	expense	NOUN
fbem-21416	160	177	,	,	PUNCT
fbem-21416	160	178	the	the	DET
fbem-21416	160	179	interest	interest	NOUN
fbem-21416	160	180	coverage	coverage	NOUN
fbem-21416	160	181	multiple	multiple	NOUN
fbem-21416	160	182	kept	keep	VERB
fbem-21416	160	183	increasing	increase	VERB
fbem-21416	160	184	.	.	PUNCT
fbem-21416	161	1	figure	figure	NOUN
fbem-21416	161	2	13	13	NUM
fbem-21416	161	3	.	.	PUNCT
fbem-21416	162	1	huamao	huamao	PROPN
fbem-21416	162	2	and	and	CCONJ
fbem-21416	162	3	industry	industry	NOUN
fbem-21416	162	4	average	average	ADJ
fbem-21416	162	5	gearing	gearing	NOUN
fbem-21416	162	6	ratio	ratio	NOUN
fbem-21416	162	7	4.6	4.6	NUM
fbem-21416	162	8	.	.	PUNCT
fbem-21416	163	1	development	development	NOUN
fbem-21416	163	2	capacity	capacity	NOUN
fbem-21416	163	3	figure	figure	NOUN
fbem-21416	163	4	14	14	NUM
fbem-21416	163	5	.	.	PUNCT
fbem-21416	164	1	huamao	huamao	PROPN
fbem-21416	164	2	stock	stock	PROPN
fbem-21416	164	3	development	development	PROPN
fbem-21416	164	4	capacity	capacity	NOUN
fbem-21416	164	5	index	index	NOUN
fbem-21416	164	6	the	the	DET
fbem-21416	164	7	trend	trend	NOUN
fbem-21416	164	8	of	of	ADP
fbem-21416	164	9	development	development	NOUN
fbem-21416	164	10	ability	ability	NOUN
fbem-21416	164	11	index	index	NOUN
fbem-21416	164	12	of	of	ADP
fbem-21416	164	13	huamao	huamao	PROPN
fbem-21416	164	14	shares	share	NOUN
fbem-21416	164	15	from	from	ADP
fbem-21416	164	16	2010	2010	NUM
fbem-21416	164	17	to	to	ADP
fbem-21416	164	18	2022	2022	NUM
fbem-21416	164	19	is	be	AUX
fbem-21416	164	20	shown	show	VERB
fbem-21416	164	21	in	in	ADP
fbem-21416	164	22	fig	fig	NOUN
fbem-21416	164	23	.	.	PUNCT
fbem-21416	165	1	14	14	NUM
fbem-21416	165	2	.	.	PUNCT
fbem-21416	166	1	from	from	ADP
fbem-21416	166	2	fig	fig	NOUN
fbem-21416	166	3	.	.	PUNCT
fbem-21416	167	1	14	14	NUM
fbem-21416	167	2	,	,	PUNCT
fbem-21416	167	3	it	it	PRON
fbem-21416	167	4	can	can	AUX
fbem-21416	167	5	be	be	AUX
fbem-21416	167	6	seen	see	VERB
fbem-21416	167	7	that	that	SCONJ
fbem-21416	167	8	from	from	ADP
fbem-21416	167	9	2010	2010	NUM
fbem-21416	167	10	to	to	ADP
fbem-21416	167	11	2022	2022	NUM
fbem-21416	167	12	,	,	PUNCT
fbem-21416	167	13	with	with	ADP
fbem-21416	167	14	the	the	DET
fbem-21416	167	15	deepening	deepening	NOUN
fbem-21416	167	16	of	of	ADP
fbem-21416	167	17	financialization	financialization	NOUN
fbem-21416	167	18	,	,	PUNCT
fbem-21416	167	19	the	the	DET
fbem-21416	167	20	development	development	NOUN
fbem-21416	167	21	ability	ability	NOUN
fbem-21416	167	22	index	index	NOUN
fbem-21416	167	23	of	of	ADP
fbem-21416	167	24	huamao	huamao	PROPN
fbem-21416	167	25	shares	share	NOUN
fbem-21416	167	26	shows	show	VERB
fbem-21416	167	27	a	a	DET
fbem-21416	167	28	decreasing	decrease	VERB
fbem-21416	167	29	trend	trend	NOUN
fbem-21416	167	30	as	as	ADP
fbem-21416	167	31	a	a	DET
fbem-21416	167	32	whole	whole	NOUN
fbem-21416	167	33	.	.	PUNCT
fbem-21416	168	1	from	from	ADP
fbem-21416	168	2	0.1004	0.1004	NUM
fbem-21416	168	3	in	in	ADP
fbem-21416	168	4	2010	2010	NUM
fbem-21416	168	5	to	to	ADP
fbem-21416	168	6	0.0245	0.0245	NUM
fbem-21416	168	7	in	in	ADP
fbem-21416	168	8	2019.the	2019.the	PRON
fbem-21416	168	9	huge	huge	ADJ
fbem-21416	168	10	price	price	NOUN
fbem-21416	168	11	difference	difference	NOUN
fbem-21416	168	12	between	between	ADP
fbem-21416	168	13	domestic	domestic	ADJ
fbem-21416	168	14	and	and	CCONJ
fbem-21416	168	15	foreign	foreign	ADJ
fbem-21416	168	16	cotton	cotton	NOUN
fbem-21416	168	17	and	and	CCONJ
fbem-21416	168	18	the	the	DET
fbem-21416	168	19	shrinkage	shrinkage	NOUN
fbem-21416	168	20	of	of	ADP
fbem-21416	168	21	global	global	ADJ
fbem-21416	168	22	demand	demand	NOUN
fbem-21416	168	23	in	in	ADP
fbem-21416	168	24	2011	2011	NUM
fbem-21416	168	25	made	make	VERB
fbem-21416	168	26	the	the	DET
fbem-21416	168	27	whole	whole	ADJ
fbem-21416	168	28	textile	textile	NOUN
fbem-21416	168	29	industry	industry	NOUN
fbem-21416	168	30	fall	fall	VERB
fbem-21416	168	31	into	into	ADP
fbem-21416	168	32	a	a	DET
fbem-21416	168	33	sustained	sustained	ADJ
fbem-21416	168	34	downturn.due	downturn.due	PROPN
fbem-21416	168	35	to	to	ADP
fbem-21416	168	36	the	the	DET
fbem-21416	168	37	fact	fact	NOUN
fbem-21416	168	38	that	that	SCONJ
fbem-21416	168	39	the	the	DET
fbem-21416	168	40	enterprise	enterprise	NOUN
fbem-21416	168	41	's	's	PART
fbem-21416	168	42	investment	investment	NOUN
fbem-21416	168	43	is	be	AUX
fbem-21416	168	44	heavily	heavily	ADV
fbem-21416	168	45	concentrated	concentrated	ADJ
fbem-21416	168	46	in	in	ADP
fbem-21416	168	47	financial	financial	ADJ
fbem-21416	168	48	assets	asset	NOUN
fbem-21416	168	49	,	,	PUNCT
fbem-21416	168	50	the	the	DET
fbem-21416	168	51	investment	investment	NOUN
fbem-21416	168	52	in	in	ADP
fbem-21416	168	53	textile	textile	NOUN
fbem-21416	168	54	business	business	NOUN
fbem-21416	168	55	for	for	ADP
fbem-21416	168	56	the	the	DET
fbem-21416	168	57	main	main	ADJ
fbem-21416	168	58	business	business	NOUN
fbem-21416	168	59	is	be	AUX
fbem-21416	168	60	insufficient	insufficient	ADJ
fbem-21416	168	61	,	,	PUNCT
fbem-21416	168	62	which	which	PRON
fbem-21416	168	63	makes	make	VERB
fbem-21416	168	64	huamao	huamao	PROPN
fbem-21416	168	65	shares	share	NOUN
fbem-21416	168	66	face	face	VERB
fbem-21416	168	67	the	the	DET
fbem-21416	168	68	fluctuating	fluctuate	VERB
fbem-21416	168	69	external	external	ADJ
fbem-21416	168	70	environment	environment	NOUN
fbem-21416	168	71	when	when	SCONJ
fbem-21416	168	72	the	the	DET
fbem-21416	168	73	operating	operate	VERB
fbem-21416	168	74	income	income	NOUN
fbem-21416	168	75	sharply	sharply	ADV
fbem-21416	168	76	decreased	decrease	VERB
fbem-21416	168	77	,	,	PUNCT
fbem-21416	168	78	the	the	DET
fbem-21416	168	79	rate	rate	NOUN
fbem-21416	168	80	of	of	ADP
fbem-21416	168	81	decline	decline	NOUN
fbem-21416	168	82	is	be	AUX
fbem-21416	168	83	obvious	obvious	ADJ
fbem-21416	168	84	,	,	PUNCT
fbem-21416	168	85	and	and	CCONJ
fbem-21416	168	86	the	the	DET
fbem-21416	168	87	retracement	retracement	NOUN
fbem-21416	168	88	is	be	AUX
fbem-21416	168	89	slow	slow	ADJ
fbem-21416	168	90	and	and	CCONJ
fbem-21416	168	91	the	the	DET
fbem-21416	168	92	results	result	NOUN
fbem-21416	168	93	are	be	AUX
fbem-21416	168	94	obviously	obviously	ADV
fbem-21416	168	95	poor	poor	ADJ
fbem-21416	168	96	.	.	PUNCT
fbem-21416	169	1	in	in	ADP
fbem-21416	169	2	2015	2015	NUM
fbem-21416	169	3	,	,	PUNCT
fbem-21416	169	4	through	through	ADP
fbem-21416	169	5	the	the	DET
fbem-21416	169	6	appreciation	appreciation	NOUN
fbem-21416	169	7	of	of	ADP
fbem-21416	169	8	financial	financial	ADJ
fbem-21416	169	9	assets	asset	NOUN
fbem-21416	169	10	,	,	PUNCT
fbem-21416	169	11	its	its	PRON
fbem-21416	169	12	profit	profit	NOUN
fbem-21416	169	13	level	level	NOUN
fbem-21416	169	14	was	be	AUX
fbem-21416	169	15	greatly	greatly	ADV
fbem-21416	169	16	improved	improve	VERB
fbem-21416	169	17	in	in	ADP
fbem-21416	169	18	that	that	DET
fbem-21416	169	19	year	year	NOUN
fbem-21416	169	20	,	,	PUNCT
fbem-21416	169	21	although	although	SCONJ
fbem-21416	169	22	the	the	DET
fbem-21416	169	23	financialization	financialization	NOUN
fbem-21416	169	24	has	have	VERB
fbem-21416	169	25	no	no	DET
fbem-21416	169	26	role	role	NOUN
fbem-21416	169	27	in	in	ADP
fbem-21416	169	28	improving	improve	VERB
fbem-21416	169	29	the	the	DET
fbem-21416	169	30	business	business	NOUN
fbem-21416	169	31	level	level	NOUN
fbem-21416	169	32	of	of	ADP
fbem-21416	169	33	the	the	DET
fbem-21416	169	34	enterprise	enterprise	NOUN
fbem-21416	169	35	's	's	PART
fbem-21416	169	36	main	main	ADJ
fbem-21416	169	37	business	business	NOUN
fbem-21416	169	38	,	,	PUNCT
fbem-21416	169	39	but	but	CCONJ
fbem-21416	169	40	the	the	DET
fbem-21416	169	41	financialization	financialization	NOUN
fbem-21416	169	42	of	of	ADP
fbem-21416	169	43	the	the	DET
fbem-21416	169	44	enterprise	enterprise	NOUN
fbem-21416	169	45	brings	bring	VERB
fbem-21416	169	46	the	the	DET
fbem-21416	169	47	possibility	possibility	NOUN
fbem-21416	169	48	of	of	ADP
fbem-21416	169	49	a	a	DET
fbem-21416	169	50	great	great	ADJ
fbem-21416	169	51	increase	increase	NOUN
fbem-21416	169	52	in	in	ADP
fbem-21416	169	53	financial	financial	ADJ
fbem-21416	169	54	assets	asset	NOUN
fbem-21416	169	55	,	,	PUNCT
fbem-21416	169	56	and	and	CCONJ
fbem-21416	169	57	promotes	promote	VERB
fbem-21416	169	58	the	the	DET
fbem-21416	169	59	growth	growth	NOUN
fbem-21416	169	60	of	of	ADP
fbem-21416	169	61	the	the	DET
fbem-21416	169	62	enterprise	enterprise	NOUN
fbem-21416	169	63	from	from	ADP
fbem-21416	169	64	the	the	DET
fbem-21416	169	65	great	great	ADJ
fbem-21416	169	66	appreciation	appreciation	NOUN
fbem-21416	169	67	of	of	ADP
fbem-21416	169	68	financial	financial	ADJ
fbem-21416	169	69	assets	asset	NOUN
fbem-21416	169	70	and	and	CCONJ
fbem-21416	169	71	investment	investment	NOUN
fbem-21416	169	72	income	income	NOUN
fbem-21416	169	73	.	.	PUNCT
fbem-21416	170	1	in	in	ADP
fbem-21416	170	2	summary	summary	NOUN
fbem-21416	170	3	,	,	PUNCT
fbem-21416	170	4	corporate	corporate	ADJ
fbem-21416	170	5	financialization	financialization	NOUN
fbem-21416	170	6	reduces	reduce	VERB
fbem-21416	170	7	the	the	DET
fbem-21416	170	8	growth	growth	NOUN
fbem-21416	170	9	capacity	capacity	NOUN
fbem-21416	170	10	of	of	ADP
fbem-21416	170	11	the	the	DET
fbem-21416	170	12	real	real	ADJ
fbem-21416	170	13	sector	sector	NOUN
fbem-21416	170	14	by	by	ADP
fbem-21416	170	15	crowding	crowd	VERB
fbem-21416	170	16	out	out	ADP
fbem-21416	170	17	investment	investment	NOUN
fbem-21416	170	18	in	in	ADP
fbem-21416	170	19	the	the	DET
fbem-21416	170	20	business	business	NOUN
fbem-21416	170	21	activities	activity	NOUN
fbem-21416	170	22	of	of	ADP
fbem-21416	170	23	the	the	DET
fbem-21416	170	24	real	real	ADJ
fbem-21416	170	25	sector	sector	NOUN
fbem-21416	170	26	,	,	PUNCT
fbem-21416	170	27	while	while	SCONJ
fbem-21416	170	28	it	it	PRON
fbem-21416	170	29	increases	increase	VERB
fbem-21416	170	30	the	the	DET
fbem-21416	170	31	growth	growth	NOUN
fbem-21416	170	32	capacity	capacity	NOUN
fbem-21416	170	33	of	of	ADP
fbem-21416	170	34	the	the	DET
fbem-21416	170	35	financial	financial	ADJ
fbem-21416	170	36	business	business	NOUN
fbem-21416	170	37	by	by	ADP
fbem-21416	170	38	bringing	bring	VERB
fbem-21416	170	39	the	the	DET
fbem-21416	170	40	possibility	possibility	NOUN
fbem-21416	170	41	of	of	ADP
fbem-21416	170	42	significant	significant	ADJ
fbem-21416	170	43	growth	growth	NOUN
fbem-21416	170	44	in	in	ADP
fbem-21416	170	45	financial	financial	ADJ
fbem-21416	170	46	assets	asset	NOUN
fbem-21416	170	47	through	through	ADP
fbem-21416	170	48	investment	investment	NOUN
fbem-21416	170	49	in	in	ADP
fbem-21416	170	50	financial	financial	ADJ
fbem-21416	170	51	activities	activity	NOUN
fbem-21416	170	52	.	.	PUNCT
fbem-21416	171	1	125	125	NUM
fbem-21416	171	2	5	5	NUM
fbem-21416	171	3	.	.	PUNCT
fbem-21416	171	4	conclusion	conclusion	NOUN
fbem-21416	171	5	this	this	DET
fbem-21416	171	6	paper	paper	NOUN
fbem-21416	171	7	explores	explore	VERB
fbem-21416	171	8	the	the	DET
fbem-21416	171	9	impact	impact	NOUN
fbem-21416	171	10	of	of	ADP
fbem-21416	171	11	financialization	financialization	NOUN
fbem-21416	171	12	on	on	ADP
fbem-21416	171	13	financial	financial	ADJ
fbem-21416	171	14	performance	performance	NOUN
fbem-21416	171	15	by	by	ADP
fbem-21416	171	16	analyzing	analyze	VERB
fbem-21416	171	17	the	the	DET
fbem-21416	171	18	financialization	financialization	NOUN
fbem-21416	171	19	motives	motive	NOUN
fbem-21416	171	20	,	,	PUNCT
fbem-21416	171	21	behaviors	behavior	NOUN
fbem-21416	171	22	,	,	PUNCT
fbem-21416	171	23	and	and	CCONJ
fbem-21416	171	24	degree	degree	NOUN
fbem-21416	171	25	of	of	ADP
fbem-21416	171	26	huamao	huamao	PROPN
fbem-21416	171	27	stock	stock	NOUN
fbem-21416	171	28	.	.	PUNCT
fbem-21416	172	1	the	the	DET
fbem-21416	172	2	analysis	analysis	NOUN
fbem-21416	172	3	of	of	ADP
fbem-21416	172	4	its	its	PRON
fbem-21416	172	5	financialization	financialization	NOUN
fbem-21416	172	6	process	process	NOUN
fbem-21416	172	7	shows	show	VERB
fbem-21416	172	8	that	that	SCONJ
fbem-21416	172	9	although	although	SCONJ
fbem-21416	172	10	the	the	DET
fbem-21416	172	11	degree	degree	NOUN
fbem-21416	172	12	of	of	ADP
fbem-21416	172	13	financialization	financialization	NOUN
fbem-21416	172	14	remained	remain	VERB
fbem-21416	172	15	high	high	ADV
fbem-21416	172	16	from	from	ADP
fbem-21416	172	17	2010	2010	NUM
fbem-21416	172	18	to	to	ADP
fbem-21416	172	19	2019	2019	NUM
fbem-21416	172	20	,	,	PUNCT
fbem-21416	172	21	it	it	PRON
fbem-21416	172	22	did	do	AUX
fbem-21416	172	23	not	not	PART
fbem-21416	172	24	increase	increase	VERB
fbem-21416	172	25	year	year	NOUN
fbem-21416	172	26	by	by	ADP
fbem-21416	172	27	year	year	NOUN
fbem-21416	172	28	,	,	PUNCT
fbem-21416	172	29	but	but	CCONJ
fbem-21416	172	30	showed	show	VERB
fbem-21416	172	31	a	a	DET
fbem-21416	172	32	fluctuating	fluctuate	VERB
fbem-21416	172	33	trend	trend	NOUN
fbem-21416	172	34	of	of	ADP
fbem-21416	172	35	decreasing	decrease	VERB
fbem-21416	172	36	-	-	PUNCT
fbem-21416	172	37	rising	rise	VERB
fbem-21416	172	38	-	-	PUNCT
fbem-21416	172	39	decreasing	decrease	VERB
fbem-21416	172	40	,	,	PUNCT
fbem-21416	172	41	and	and	CCONJ
fbem-21416	172	42	reached	reach	VERB
fbem-21416	172	43	the	the	DET
fbem-21416	172	44	peak	peak	NOUN
fbem-21416	172	45	of	of	ADP
fbem-21416	172	46	the	the	DET
fbem-21416	172	47	degree	degree	NOUN
fbem-21416	172	48	of	of	ADP
fbem-21416	172	49	financialization	financialization	NOUN
fbem-21416	172	50	in	in	ADP
fbem-21416	172	51	2015	2015	NUM
fbem-21416	172	52	;	;	PUNCT
fbem-21416	172	53	in	in	ADP
fbem-21416	172	54	the	the	DET
fbem-21416	172	55	the	the	DET
fbem-21416	172	56	stage	stage	NOUN
fbem-21416	172	57	of	of	ADP
fbem-21416	172	58	definancialization	definancialization	NOUN
fbem-21416	172	59	is	be	AUX
fbem-21416	172	60	also	also	ADV
fbem-21416	172	61	not	not	PART
fbem-21416	172	62	a	a	DET
fbem-21416	172	63	continuous	continuous	ADJ
fbem-21416	172	64	decline	decline	NOUN
fbem-21416	172	65	,	,	PUNCT
fbem-21416	172	66	rebounding	rebound	VERB
fbem-21416	172	67	in	in	ADP
fbem-21416	172	68	2021	2021	NUM
fbem-21416	172	69	,	,	PUNCT
fbem-21416	172	70	and	and	CCONJ
fbem-21416	172	71	the	the	DET
fbem-21416	172	72	financialization	financialization	NOUN
fbem-21416	172	73	degree	degree	NOUN
fbem-21416	172	74	in	in	ADP
fbem-21416	172	75	2022	2022	NUM
fbem-21416	172	76	shows	show	VERB
fbem-21416	172	77	the	the	DET
fbem-21416	172	78	lowest	low	ADJ
fbem-21416	172	79	in	in	ADP
fbem-21416	172	80	more	more	ADJ
fbem-21416	172	81	than	than	ADP
fbem-21416	172	82	ten	ten	NUM
fbem-21416	172	83	years	year	NOUN
fbem-21416	172	84	.	.	PUNCT
fbem-21416	173	1	overall	overall	ADV
fbem-21416	173	2	,	,	PUNCT
fbem-21416	173	3	the	the	DET
fbem-21416	173	4	financialization	financialization	NOUN
fbem-21416	173	5	process	process	NOUN
fbem-21416	173	6	of	of	ADP
fbem-21416	173	7	huamao	huamao	PROPN
fbem-21416	173	8	stock	stock	NOUN
fbem-21416	173	9	shows	show	VERB
fbem-21416	173	10	a	a	DET
fbem-21416	173	11	non	non	ADJ
fbem-21416	173	12	-	-	ADJ
fbem-21416	173	13	linear	linear	ADJ
fbem-21416	173	14	trend	trend	NOUN
fbem-21416	173	15	,	,	PUNCT
fbem-21416	173	16	which	which	PRON
fbem-21416	173	17	has	have	VERB
fbem-21416	173	18	a	a	DET
fbem-21416	173	19	non	non	ADJ
fbem-21416	173	20	-	-	ADJ
fbem-21416	173	21	linear	linear	ADJ
fbem-21416	173	22	impact	impact	NOUN
fbem-21416	173	23	on	on	ADP
fbem-21416	173	24	financial	financial	ADJ
fbem-21416	173	25	performance	performance	NOUN
fbem-21416	173	26	.	.	PUNCT
fbem-21416	174	1	for	for	ADP
fbem-21416	174	2	the	the	DET
fbem-21416	174	3	profitability	profitability	NOUN
fbem-21416	174	4	of	of	ADP
fbem-21416	174	5	the	the	DET
fbem-21416	174	6	enterprise	enterprise	NOUN
fbem-21416	174	7	,	,	PUNCT
fbem-21416	174	8	the	the	DET
fbem-21416	174	9	enterprise	enterprise	NOUN
fbem-21416	174	10	grows	grow	VERB
fbem-21416	174	11	the	the	DET
fbem-21416	174	12	profitability	profitability	NOUN
fbem-21416	174	13	of	of	ADP
fbem-21416	174	14	the	the	DET
fbem-21416	174	15	financial	financial	ADJ
fbem-21416	174	16	sector	sector	NOUN
fbem-21416	174	17	as	as	ADV
fbem-21416	174	18	well	well	ADV
fbem-21416	174	19	as	as	ADP
fbem-21416	174	20	reduces	reduce	VERB
fbem-21416	174	21	the	the	DET
fbem-21416	174	22	operating	operating	NOUN
fbem-21416	174	23	capacity	capacity	NOUN
fbem-21416	174	24	of	of	ADP
fbem-21416	174	25	the	the	DET
fbem-21416	174	26	real	real	ADJ
fbem-21416	174	27	sector	sector	NOUN
fbem-21416	174	28	through	through	ADP
fbem-21416	174	29	financialization	financialization	NOUN
fbem-21416	174	30	,	,	PUNCT
fbem-21416	174	31	thus	thus	ADV
fbem-21416	174	32	affecting	affect	VERB
fbem-21416	174	33	the	the	DET
fbem-21416	174	34	profitability	profitability	NOUN
fbem-21416	174	35	of	of	ADP
fbem-21416	174	36	the	the	DET
fbem-21416	174	37	enterprise	enterprise	NOUN
fbem-21416	174	38	in	in	ADP
fbem-21416	174	39	a	a	DET
fbem-21416	174	40	comprehensive	comprehensive	ADJ
fbem-21416	174	41	manner	manner	NOUN
fbem-21416	174	42	,	,	PUNCT
fbem-21416	174	43	but	but	CCONJ
fbem-21416	174	44	there	there	PRON
fbem-21416	174	45	are	be	VERB
fbem-21416	174	46	also	also	ADV
fbem-21416	174	47	mutation	mutation	NOUN
fbem-21416	174	48	points	point	NOUN
fbem-21416	174	49	appearing	appear	VERB
fbem-21416	174	50	from	from	ADP
fbem-21416	174	51	the	the	DET
fbem-21416	174	52	improvement	improvement	NOUN
fbem-21416	174	53	of	of	ADP
fbem-21416	174	54	r&d	r&d	NOUN
fbem-21416	174	55	capacity	capacity	NOUN
fbem-21416	174	56	and	and	CCONJ
fbem-21416	174	57	the	the	DET
fbem-21416	174	58	increase	increase	NOUN
fbem-21416	174	59	of	of	ADP
fbem-21416	174	60	factor	factor	NOUN
fbem-21416	174	61	costs	cost	NOUN
fbem-21416	174	62	due	due	ADJ
fbem-21416	174	63	to	to	ADP
fbem-21416	174	64	the	the	DET
fbem-21416	174	65	rapid	rapid	ADJ
fbem-21416	174	66	change	change	NOUN
fbem-21416	174	67	of	of	ADP
fbem-21416	174	68	the	the	DET
fbem-21416	174	69	international	international	ADJ
fbem-21416	174	70	situation	situation	NOUN
fbem-21416	174	71	.	.	PUNCT
fbem-21416	175	1	enterprises	enterprise	NOUN
fbem-21416	175	2	holding	hold	VERB
fbem-21416	175	3	a	a	DET
fbem-21416	175	4	large	large	ADJ
fbem-21416	175	5	number	number	NOUN
fbem-21416	175	6	of	of	ADP
fbem-21416	175	7	financial	financial	ADJ
fbem-21416	175	8	assets	asset	NOUN
fbem-21416	175	9	to	to	PART
fbem-21416	175	10	promote	promote	VERB
fbem-21416	175	11	the	the	DET
fbem-21416	175	12	tendency	tendency	NOUN
fbem-21416	175	13	to	to	PART
fbem-21416	175	14	use	use	VERB
fbem-21416	175	15	more	more	ADJ
fbem-21416	175	16	conservative	conservative	ADJ
fbem-21416	175	17	business	business	NOUN
fbem-21416	175	18	strategy	strategy	NOUN
fbem-21416	175	19	,	,	PUNCT
fbem-21416	175	20	thus	thus	ADV
fbem-21416	175	21	affecting	affect	VERB
fbem-21416	175	22	the	the	DET
fbem-21416	175	23	operating	operating	NOUN
fbem-21416	175	24	capacity	capacity	NOUN
fbem-21416	175	25	of	of	ADP
fbem-21416	175	26	the	the	DET
fbem-21416	175	27	enterprise	enterprise	NOUN
fbem-21416	175	28	,	,	PUNCT
fbem-21416	175	29	while	while	SCONJ
fbem-21416	175	30	the	the	DET
fbem-21416	175	31	enterprise	enterprise	NOUN
fbem-21416	175	32	in	in	ADP
fbem-21416	175	33	inventory	inventory	NOUN
fbem-21416	175	34	management	management	NOUN
fbem-21416	175	35	to	to	PART
fbem-21416	175	36	strengthen	strengthen	VERB
fbem-21416	175	37	the	the	DET
fbem-21416	175	38	focus	focus	NOUN
fbem-21416	175	39	on	on	ADP
fbem-21416	175	40	the	the	DET
fbem-21416	175	41	main	main	ADJ
fbem-21416	175	42	business	business	NOUN
fbem-21416	175	43	,	,	PUNCT
fbem-21416	175	44	to	to	PART
fbem-21416	175	45	enhance	enhance	VERB
fbem-21416	175	46	its	its	PRON
fbem-21416	175	47	ability	ability	NOUN
fbem-21416	175	48	to	to	PART
fbem-21416	175	49	develop	develop	VERB
fbem-21416	175	50	market	market	NOUN
fbem-21416	175	51	share	share	NOUN
fbem-21416	175	52	,	,	PUNCT
fbem-21416	175	53	resulting	result	VERB
fbem-21416	175	54	in	in	ADP
fbem-21416	175	55	the	the	DET
fbem-21416	175	56	rise	rise	NOUN
fbem-21416	175	57	in	in	ADP
fbem-21416	175	58	operating	operating	NOUN
fbem-21416	175	59	efficiency	efficiency	NOUN
fbem-21416	175	60	,	,	PUNCT
fbem-21416	175	61	in	in	ADP
fbem-21416	175	62	the	the	DET
fbem-21416	175	63	degree	degree	NOUN
fbem-21416	175	64	of	of	ADP
fbem-21416	175	65	financialization	financialization	NOUN
fbem-21416	175	66	is	be	AUX
fbem-21416	175	67	reduced	reduce	VERB
fbem-21416	175	68	while	while	SCONJ
fbem-21416	175	69	the	the	DET
fbem-21416	175	70	operating	operating	NOUN
fbem-21416	175	71	capacity	capacity	NOUN
fbem-21416	175	72	is	be	AUX
fbem-21416	175	73	strengthened	strengthen	VERB
fbem-21416	175	74	.	.	PUNCT
fbem-21416	176	1	the	the	DET
fbem-21416	176	2	combination	combination	NOUN
fbem-21416	176	3	of	of	ADP
fbem-21416	176	4	the	the	DET
fbem-21416	176	5	over	over	NOUN
fbem-21416	176	6	-	-	PUNCT
fbem-21416	176	7	weighting	weighting	NOUN
fbem-21416	176	8	of	of	ADP
fbem-21416	176	9	long	long	ADJ
fbem-21416	176	10	-	-	PUNCT
fbem-21416	176	11	term	term	NOUN
fbem-21416	176	12	assets	asset	NOUN
fbem-21416	176	13	due	due	ADP
fbem-21416	176	14	to	to	ADP
fbem-21416	176	15	the	the	DET
fbem-21416	176	16	fact	fact	NOUN
fbem-21416	176	17	that	that	SCONJ
fbem-21416	176	18	most	most	ADJ
fbem-21416	176	19	of	of	ADP
fbem-21416	176	20	the	the	DET
fbem-21416	176	21	financialized	financialize	VERB
fbem-21416	176	22	assets	asset	NOUN
fbem-21416	176	23	of	of	ADP
fbem-21416	176	24	enterprises	enterprise	NOUN
fbem-21416	176	25	are	be	AUX
fbem-21416	176	26	long	long	ADJ
fbem-21416	176	27	-	-	PUNCT
fbem-21416	176	28	term	term	NOUN
fbem-21416	176	29	assets	asset	NOUN
fbem-21416	176	30	,	,	PUNCT
fbem-21416	176	31	and	and	CCONJ
fbem-21416	176	32	the	the	DET
fbem-21416	176	33	increase	increase	NOUN
fbem-21416	176	34	in	in	ADP
fbem-21416	176	35	leverage	leverage	NOUN
fbem-21416	176	36	due	due	ADP
fbem-21416	176	37	to	to	ADP
fbem-21416	176	38	the	the	DET
fbem-21416	176	39	increase	increase	NOUN
fbem-21416	176	40	in	in	ADP
fbem-21416	176	41	short	short	ADJ
fbem-21416	176	42	-	-	PUNCT
fbem-21416	176	43	term	term	NOUN
fbem-21416	176	44	liabilities	liability	NOUN
fbem-21416	176	45	,	,	PUNCT
fbem-21416	176	46	has	have	AUX
fbem-21416	176	47	affected	affect	VERB
fbem-21416	176	48	the	the	DET
fbem-21416	176	49	liquidity	liquidity	NOUN
fbem-21416	176	50	of	of	ADP
fbem-21416	176	51	the	the	DET
fbem-21416	176	52	assets	asset	NOUN
fbem-21416	176	53	of	of	ADP
fbem-21416	176	54	enterprises	enterprise	NOUN
fbem-21416	176	55	,	,	PUNCT
fbem-21416	176	56	thus	thus	ADV
fbem-21416	176	57	affecting	affect	VERB
fbem-21416	176	58	the	the	DET
fbem-21416	176	59	solvency	solvency	NOUN
fbem-21416	176	60	of	of	ADP
fbem-21416	176	61	enterprises	enterprise	NOUN
fbem-21416	176	62	.	.	PUNCT
fbem-21416	177	1	financial	financial	ADJ
fbem-21416	177	2	assets	asset	NOUN
fbem-21416	177	3	encroach	encroach	VERB
fbem-21416	177	4	on	on	ADP
fbem-21416	177	5	the	the	DET
fbem-21416	177	6	investment	investment	NOUN
fbem-21416	177	7	capital	capital	NOUN
fbem-21416	177	8	of	of	ADP
fbem-21416	177	9	the	the	DET
fbem-21416	177	10	real	real	ADJ
fbem-21416	177	11	sector	sector	NOUN
fbem-21416	177	12	and	and	CCONJ
fbem-21416	177	13	reduce	reduce	VERB
fbem-21416	177	14	the	the	DET
fbem-21416	177	15	development	development	NOUN
fbem-21416	177	16	capacity	capacity	NOUN
fbem-21416	177	17	of	of	ADP
fbem-21416	177	18	the	the	DET
fbem-21416	177	19	real	real	ADJ
fbem-21416	177	20	sector	sector	NOUN
fbem-21416	177	21	of	of	ADP
fbem-21416	177	22	the	the	DET
fbem-21416	177	23	enterprise	enterprise	NOUN
fbem-21416	177	24	,	,	PUNCT
fbem-21416	177	25	and	and	CCONJ
fbem-21416	177	26	at	at	ADP
fbem-21416	177	27	the	the	DET
fbem-21416	177	28	same	same	ADJ
fbem-21416	177	29	time	time	NOUN
fbem-21416	177	30	,	,	PUNCT
fbem-21416	177	31	the	the	DET
fbem-21416	177	32	significant	significant	ADJ
fbem-21416	177	33	growth	growth	NOUN
fbem-21416	177	34	of	of	ADP
fbem-21416	177	35	financial	financial	ADJ
fbem-21416	177	36	assets	asset	NOUN
fbem-21416	177	37	and	and	CCONJ
fbem-21416	177	38	investment	investment	NOUN
fbem-21416	177	39	income	income	NOUN
fbem-21416	177	40	to	to	PART
fbem-21416	177	41	promote	promote	VERB
fbem-21416	177	42	the	the	DET
fbem-21416	177	43	growth	growth	NOUN
fbem-21416	177	44	of	of	ADP
fbem-21416	177	45	the	the	DET
fbem-21416	177	46	enterprise	enterprise	NOUN
fbem-21416	177	47	,	,	PUNCT
fbem-21416	177	48	thus	thus	ADV
fbem-21416	177	49	jointly	jointly	ADV
fbem-21416	177	50	affecting	affect	VERB
fbem-21416	177	51	the	the	DET
fbem-21416	177	52	development	development	NOUN
fbem-21416	177	53	capacity	capacity	NOUN
fbem-21416	177	54	of	of	ADP
fbem-21416	177	55	the	the	DET
fbem-21416	177	56	enterprise	enterprise	NOUN
fbem-21416	177	57	.	.	PUNCT
fbem-21416	178	1	based	base	VERB
fbem-21416	178	2	on	on	ADP
fbem-21416	178	3	this	this	PRON
fbem-21416	178	4	,	,	PUNCT
fbem-21416	178	5	the	the	DET
fbem-21416	178	6	paper	paper	NOUN
fbem-21416	178	7	makes	make	VERB
fbem-21416	178	8	the	the	DET
fbem-21416	178	9	following	follow	VERB
fbem-21416	178	10	recommendations	recommendation	NOUN
fbem-21416	178	11	.	.	PUNCT
fbem-21416	179	1	enterprises	enterprise	NOUN
fbem-21416	179	2	affected	affect	VERB
fbem-21416	179	3	by	by	ADP
fbem-21416	179	4	the	the	DET
fbem-21416	179	5	impact	impact	NOUN
fbem-21416	179	6	of	of	ADP
fbem-21416	179	7	financialization	financialization	NOUN
fbem-21416	179	8	will	will	AUX
fbem-21416	179	9	be	be	AUX
fbem-21416	179	10	due	due	ADJ
fbem-21416	179	11	to	to	ADP
fbem-21416	179	12	different	different	ADJ
fbem-21416	179	13	business	business	NOUN
fbem-21416	179	14	conditions	condition	NOUN
fbem-21416	179	15	,	,	PUNCT
fbem-21416	179	16	timing	timing	NOUN
fbem-21416	179	17	and	and	CCONJ
fbem-21416	179	18	other	other	ADJ
fbem-21416	179	19	differences	difference	NOUN
fbem-21416	179	20	and	and	CCONJ
fbem-21416	179	21	produce	produce	VERB
fbem-21416	179	22	different	different	ADJ
fbem-21416	179	23	effects	effect	NOUN
fbem-21416	179	24	,	,	PUNCT
fbem-21416	179	25	enterprises	enterprise	NOUN
fbem-21416	179	26	should	should	AUX
fbem-21416	179	27	be	be	AUX
fbem-21416	179	28	in	in	ADP
fbem-21416	179	29	the	the	DET
fbem-21416	179	30	main	main	ADJ
fbem-21416	179	31	business	business	NOUN
fbem-21416	179	32	profitability	profitability	NOUN
fbem-21416	179	33	is	be	AUX
fbem-21416	179	34	relatively	relatively	ADV
fbem-21416	179	35	high	high	ADJ
fbem-21416	179	36	moderate	moderate	ADJ
fbem-21416	179	37	financialization	financialization	NOUN
fbem-21416	179	38	,	,	PUNCT
fbem-21416	179	39	hold	hold	VERB
fbem-21416	179	40	more	more	ADJ
fbem-21416	179	41	long	long	ADJ
fbem-21416	179	42	-	-	PUNCT
fbem-21416	179	43	term	term	NOUN
fbem-21416	179	44	financial	financial	ADJ
fbem-21416	179	45	assets	asset	NOUN
fbem-21416	179	46	investment	investment	NOUN
fbem-21416	179	47	,	,	PUNCT
fbem-21416	179	48	on	on	ADP
fbem-21416	179	49	the	the	DET
fbem-21416	179	50	contrary	contrary	NOUN
fbem-21416	179	51	,	,	PUNCT
fbem-21416	179	52	the	the	DET
fbem-21416	179	53	main	main	ADJ
fbem-21416	179	54	business	business	NOUN
fbem-21416	179	55	situation	situation	NOUN
fbem-21416	179	56	is	be	AUX
fbem-21416	179	57	not	not	PART
fbem-21416	179	58	good	good	ADJ
fbem-21416	179	59	when	when	SCONJ
fbem-21416	179	60	the	the	DET
fbem-21416	179	61	development	development	NOUN
fbem-21416	179	62	of	of	ADP
fbem-21416	179	63	the	the	DET
fbem-21416	179	64	degree	degree	NOUN
fbem-21416	179	65	of	of	ADP
fbem-21416	179	66	financialization	financialization	NOUN
fbem-21416	179	67	should	should	AUX
fbem-21416	179	68	be	be	AUX
fbem-21416	179	69	reduced	reduce	VERB
fbem-21416	179	70	or	or	CCONJ
fbem-21416	179	71	reduce	reduce	VERB
fbem-21416	179	72	the	the	DET
fbem-21416	179	73	holdings	holding	NOUN
fbem-21416	179	74	of	of	ADP
fbem-21416	179	75	long	long	ADJ
fbem-21416	179	76	-	-	PUNCT
fbem-21416	179	77	term	term	NOUN
fbem-21416	179	78	financial	financial	ADJ
fbem-21416	179	79	assets	asset	NOUN
fbem-21416	179	80	investment	investment	NOUN
fbem-21416	179	81	,	,	PUNCT
fbem-21416	179	82	change	change	VERB
fbem-21416	179	83	to	to	PART
fbem-21416	179	84	hold	hold	VERB
fbem-21416	179	85	shortterm	shortterm	PROPN
fbem-21416	179	86	investment	investment	NOUN
fbem-21416	179	87	,	,	PUNCT
fbem-21416	179	88	in	in	ADP
fbem-21416	179	89	favor	favor	NOUN
fbem-21416	179	90	of	of	ADP
fbem-21416	179	91	being	be	AUX
fbem-21416	179	92	able	able	ADJ
fbem-21416	179	93	to	to	PART
fbem-21416	179	94	provide	provide	VERB
fbem-21416	179	95	funds	fund	NOUN
fbem-21416	179	96	for	for	ADP
fbem-21416	179	97	investment	investment	NOUN
fbem-21416	179	98	in	in	ADP
fbem-21416	179	99	industry	industry	NOUN
fbem-21416	179	100	in	in	ADP
fbem-21416	179	101	a	a	DET
fbem-21416	179	102	timely	timely	ADJ
fbem-21416	179	103	manner	manner	NOUN
fbem-21416	179	104	to	to	PART
fbem-21416	179	105	avoid	avoid	VERB
fbem-21416	179	106	squeezing	squeeze	VERB
fbem-21416	179	107	the	the	DET
fbem-21416	179	108	industrial	industrial	ADJ
fbem-21416	179	109	investment	investment	NOUN
fbem-21416	179	110	,	,	PUNCT
fbem-21416	179	111	while	while	SCONJ
fbem-21416	179	112	reducing	reduce	VERB
fbem-21416	179	113	financial	financial	ADJ
fbem-21416	179	114	risk	risk	NOUN
fbem-21416	179	115	,	,	PUNCT
fbem-21416	179	116	the	the	DET
fbem-21416	179	117	development	development	NOUN
fbem-21416	179	118	of	of	ADP
fbem-21416	179	119	strategies	strategy	NOUN
fbem-21416	179	120	to	to	PART
fbem-21416	179	121	inhibit	inhibit	VERB
fbem-21416	179	122	excessive	excessive	ADJ
fbem-21416	179	123	financial	financial	ADJ
fbem-21416	179	124	enterprises	enterprise	NOUN
fbem-21416	179	125	to	to	PART
fbem-21416	179	126	truly	truly	ADV
fbem-21416	179	127	improve	improve	VERB
fbem-21416	179	128	their	their	PRON
fbem-21416	179	129	own	own	ADJ
fbem-21416	179	130	business	business	NOUN
fbem-21416	179	131	capacity	capacity	NOUN
fbem-21416	179	132	is	be	AUX
fbem-21416	179	133	the	the	DET
fbem-21416	179	134	best	good	ADJ
fbem-21416	179	135	means	mean	NOUN
fbem-21416	179	136	to	to	PART
fbem-21416	179	137	inhibit	inhibit	VERB
fbem-21416	179	138	the	the	DET
fbem-21416	179	139	negative	negative	ADJ
fbem-21416	179	140	effects	effect	NOUN
fbem-21416	179	141	of	of	ADP
fbem-21416	179	142	financialization	financialization	NOUN
fbem-21416	179	143	,	,	PUNCT
fbem-21416	179	144	but	but	CCONJ
fbem-21416	179	145	also	also	ADV
fbem-21416	179	146	to	to	PART
fbem-21416	179	147	maximize	maximize	VERB
fbem-21416	179	148	the	the	DET
fbem-21416	179	149	recycling	recycling	NOUN
fbem-21416	179	150	of	of	ADP
fbem-21416	179	151	the	the	DET
fbem-21416	179	152	positive	positive	ADJ
fbem-21416	179	153	effects	effect	NOUN
fbem-21416	179	154	of	of	ADP
fbem-21416	179	155	financialization	financialization	NOUN
fbem-21416	179	156	to	to	PART
fbem-21416	179	157	feed	feed	VERB
fbem-21416	179	158	the	the	DET
fbem-21416	179	159	development	development	NOUN
fbem-21416	179	160	of	of	ADP
fbem-21416	179	161	the	the	DET
fbem-21416	179	162	main	main	ADJ
fbem-21416	179	163	business	business	NOUN
fbem-21416	179	164	,	,	PUNCT
fbem-21416	179	165	the	the	DET
fbem-21416	179	166	performance	performance	NOUN
fbem-21416	179	167	of	of	ADP
fbem-21416	179	168	the	the	DET
fbem-21416	179	169	reservoir	reservoir	NOUN
fbem-21416	179	170	effect	effect	NOUN
fbem-21416	179	171	.	.	PUNCT
fbem-21416	180	1	although	although	SCONJ
fbem-21416	180	2	the	the	DET
fbem-21416	180	3	case	case	NOUN
fbem-21416	180	4	study	study	NOUN
fbem-21416	180	5	in	in	ADP
fbem-21416	180	6	this	this	DET
fbem-21416	180	7	paper	paper	NOUN
fbem-21416	180	8	is	be	AUX
fbem-21416	180	9	relevant	relevant	ADJ
fbem-21416	180	10	,	,	PUNCT
fbem-21416	180	11	it	it	PRON
fbem-21416	180	12	may	may	AUX
fbem-21416	180	13	lead	lead	VERB
fbem-21416	180	14	to	to	ADP
fbem-21416	180	15	a	a	DET
fbem-21416	180	16	certain	certain	ADJ
fbem-21416	180	17	onesidedness	onesidedness	NOUN
fbem-21416	180	18	of	of	ADP
fbem-21416	180	19	the	the	DET
fbem-21416	180	20	research	research	NOUN
fbem-21416	180	21	results	result	NOUN
fbem-21416	180	22	due	due	ADP
fbem-21416	180	23	to	to	ADP
fbem-21416	180	24	the	the	DET
fbem-21416	180	25	limitations	limitation	NOUN
fbem-21416	180	26	of	of	ADP
fbem-21416	180	27	the	the	DET
fbem-21416	180	28	case	case	NOUN
fbem-21416	180	29	study	study	NOUN
fbem-21416	180	30	itself	itself	PRON
fbem-21416	180	31	;	;	PUNCT
fbem-21416	180	32	in	in	ADP
fbem-21416	180	33	addition	addition	NOUN
fbem-21416	180	34	,	,	PUNCT
fbem-21416	180	35	since	since	SCONJ
fbem-21416	180	36	there	there	PRON
fbem-21416	180	37	are	be	VERB
fbem-21416	180	38	more	more	ADJ
fbem-21416	180	39	financialization	financialization	NOUN
fbem-21416	180	40	measurement	measurement	NOUN
fbem-21416	180	41	indicators	indicator	NOUN
fbem-21416	180	42	proposed	propose	VERB
fbem-21416	180	43	by	by	ADP
fbem-21416	180	44	domestic	domestic	ADJ
fbem-21416	180	45	and	and	CCONJ
fbem-21416	180	46	foreign	foreign	ADJ
fbem-21416	180	47	scholars	scholar	NOUN
fbem-21416	180	48	,	,	PUNCT
fbem-21416	180	49	the	the	DET
fbem-21416	180	50	variables	variable	NOUN
fbem-21416	180	51	included	include	VERB
fbem-21416	180	52	in	in	ADP
fbem-21416	180	53	the	the	DET
fbem-21416	180	54	indicators	indicator	NOUN
fbem-21416	180	55	are	be	AUX
fbem-21416	180	56	full	full	ADJ
fbem-21416	180	57	of	of	ADP
fbem-21416	180	58	controversy	controversy	NOUN
fbem-21416	180	59	and	and	CCONJ
fbem-21416	180	60	there	there	PRON
fbem-21416	180	61	is	be	VERB
fbem-21416	180	62	no	no	DET
fbem-21416	180	63	clear	clear	ADJ
fbem-21416	180	64	uniform	uniform	ADJ
fbem-21416	180	65	provision	provision	NOUN
fbem-21416	180	66	,	,	PUNCT
fbem-21416	180	67	and	and	CCONJ
fbem-21416	180	68	this	this	DET
fbem-21416	180	69	paper	paper	NOUN
fbem-21416	180	70	divides	divide	VERB
fbem-21416	180	71	the	the	DET
fbem-21416	180	72	process	process	NOUN
fbem-21416	180	73	of	of	ADP
fbem-21416	180	74	financialization	financialization	NOUN
fbem-21416	180	75	on	on	ADP
fbem-21416	180	76	the	the	DET
fbem-21416	180	77	basis	basis	NOUN
fbem-21416	180	78	of	of	ADP
fbem-21416	180	79	the	the	DET
fbem-21416	180	80	trend	trend	NOUN
fbem-21416	180	81	of	of	ADP
fbem-21416	180	82	changes	change	NOUN
fbem-21416	180	83	in	in	ADP
fbem-21416	180	84	the	the	DET
fbem-21416	180	85	indicators	indicator	NOUN
fbem-21416	180	86	of	of	ADP
fbem-21416	180	87	the	the	DET
fbem-21416	180	88	measurements	measurement	NOUN
fbem-21416	180	89	,	,	PUNCT
fbem-21416	180	90	it	it	PRON
fbem-21416	180	91	is	be	AUX
fbem-21416	180	92	possible	possible	ADJ
fbem-21416	180	93	to	to	SCONJ
fbem-21416	180	94	that	that	SCONJ
fbem-21416	180	95	there	there	PRON
fbem-21416	180	96	may	may	AUX
fbem-21416	180	97	be	be	AUX
fbem-21416	180	98	errors	error	NOUN
fbem-21416	180	99	in	in	ADP
fbem-21416	180	100	dividing	divide	VERB
fbem-21416	180	101	the	the	DET
fbem-21416	180	102	stages	stage	NOUN
fbem-21416	180	103	.	.	PUNCT
fbem-21416	181	1	references	reference	NOUN
fbem-21416	181	2	[	[	X
fbem-21416	181	3	1	1	NUM
fbem-21416	181	4	]	]	X
fbem-21416	181	5	zhang	zhang	PROPN
fbem-21416	181	6	huafei	huafei	PROPN
fbem-21416	181	7	,	,	PUNCT
fbem-21416	181	8	lu	lu	PROPN
fbem-21416	181	9	lu	lu	PROPN
fbem-21416	181	10	.	.	PUNCT
fbem-21416	182	1	causes	cause	NOUN
fbem-21416	182	2	,	,	PUNCT
fbem-21416	182	3	impacts	impact	NOUN
fbem-21416	182	4	and	and	CCONJ
fbem-21416	182	5	governance	governance	NOUN
fbem-21416	182	6	of	of	ADP
fbem-21416	182	7	financialization	financialization	NOUN
fbem-21416	182	8	of	of	ADP
fbem-21416	182	9	real	real	ADJ
fbem-21416	182	10	enterprises	enterprise	NOUN
fbem-21416	182	11	based	base	VERB
fbem-21416	182	12	on	on	ADP
fbem-21416	182	13	the	the	DET
fbem-21416	182	14	perspective	perspective	NOUN
fbem-21416	182	15	of	of	ADP
fbem-21416	182	16	high	high	ADJ
fbem-21416	182	17	-	-	PUNCT
fbem-21416	182	18	quality	quality	NOUN
fbem-21416	182	19	economic	economic	ADJ
fbem-21416	182	20	development[j	development[j	PROPN
fbem-21416	182	21	]	]	PUNCT
fbem-21416	182	22	.	.	PUNCT
fbem-21416	183	1	southwest	southwest	PROPN
fbem-21416	183	2	finance	finance	PROPN
fbem-21416	183	3	.	.	PUNCT
fbem-21416	184	1	2022	2022	NUM
fbem-21416	184	2	,	,	PUNCT
fbem-21416	184	3	(	(	PUNCT
fbem-21416	184	4	06):30	06):30	NOUN
fbem-21416	184	5	-	-	SYM
fbem-21416	184	6	42	42	NUM
fbem-21416	184	7	.	.	PUNCT
fbem-21416	185	1	[	[	X
fbem-21416	185	2	2	2	X
fbem-21416	185	3	]	]	X
fbem-21416	185	4	zhang	zhang	PROPN
fbem-21416	185	5	chengsi	chengsi	PROPN
fbem-21416	185	6	,	,	PUNCT
fbem-21416	185	7	zheng	zheng	PROPN
fbem-21416	185	8	ning	ning	PROPN
fbem-21416	185	9	.	.	PUNCT
fbem-21416	186	1	financialization	financialization	NOUN
fbem-21416	186	2	of	of	ADP
fbem-21416	186	3	china	china	PROPN
fbem-21416	186	4	's	's	PART
fbem-21416	186	5	real	real	ADJ
fbem-21416	186	6	enterprises	enterprise	NOUN
fbem-21416	186	7	:	:	PUNCT
fbem-21416	186	8	monetary	monetary	ADJ
fbem-21416	186	9	expansion	expansion	NOUN
fbem-21416	186	10	,	,	PUNCT
fbem-21416	186	11	capital	capital	NOUN
fbem-21416	186	12	profit	profit	NOUN
fbem-21416	186	13	-	-	PUNCT
fbem-21416	186	14	seeking	seeking	NOUN
fbem-21416	186	15	or	or	CCONJ
fbem-21416	186	16	risk	risk	NOUN
fbem-21416	186	17	avoidance	avoidance	NOUN
fbem-21416	186	18	?	?	PUNCT
fbem-21416	187	1	[	[	X
fbem-21416	187	2	j	j	X
fbem-21416	187	3	]	]	X
fbem-21416	187	4	.	.	PUNCT
fbem-21416	188	1	financial	financial	ADJ
fbem-21416	188	2	research,2020	research,2020	NOUN
fbem-21416	188	3	,	,	PUNCT
fbem-21416	188	4	(	(	PUNCT
fbem-21416	188	5	09):1	09):1	NOUN
fbem-21416	188	6	-	-	SYM
fbem-21416	188	7	19	19	NUM
fbem-21416	188	8	.	.	PUNCT
fbem-21416	189	1	[	[	X
fbem-21416	189	2	3	3	X
fbem-21416	189	3	]	]	X
fbem-21416	189	4	du	du	PROPN
fbem-21416	189	5	yong	yong	PROPN
fbem-21416	189	6	,	,	PUNCT
fbem-21416	189	7	zhang	zhang	PROPN
fbem-21416	189	8	huan	huan	PROPN
fbem-21416	189	9	,	,	PUNCT
fbem-21416	189	10	chen	chen	PROPN
fbem-21416	189	11	jianying	jianying	PROPN
fbem-21416	189	12	.	.	PUNCT
fbem-21416	190	1	the	the	DET
fbem-21416	190	2	impact	impact	NOUN
fbem-21416	190	3	of	of	ADP
fbem-21416	190	4	financialization	financialization	NOUN
fbem-21416	190	5	on	on	ADP
fbem-21416	190	6	the	the	DET
fbem-21416	190	7	future	future	ADJ
fbem-21416	190	8	main	main	ADJ
fbem-21416	190	9	business	business	NOUN
fbem-21416	190	10	development	development	NOUN
fbem-21416	190	11	of	of	ADP
fbem-21416	190	12	real	real	ADJ
fbem-21416	190	13	enterprises	enterprise	NOUN
fbem-21416	190	14	:	:	PUNCT
fbem-21416	190	15	promotion	promotion	NOUN
fbem-21416	190	16	or	or	CCONJ
fbem-21416	190	17	inhibition[j	inhibition[j	PROPN
fbem-21416	190	18	]	]	X
fbem-21416	190	19	.	.	PUNCT
fbem-21416	191	1	china	china	PROPN
fbem-21416	191	2	industrial	industrial	ADJ
fbem-21416	191	3	economy	economy	NOUN
fbem-21416	191	4	,	,	PUNCT
fbem-21416	191	5	2017	2017	NUM
fbem-21416	191	6	,	,	PUNCT
fbem-21416	191	7	(	(	PUNCT
fbem-21416	191	8	12):113	12):113	NUM
fbem-21416	191	9	-	-	SYM
fbem-21416	191	10	131	131	NUM
fbem-21416	191	11	.	.	PUNCT
fbem-21416	192	1	[	[	X
fbem-21416	192	2	4	4	X
fbem-21416	192	3	]	]	PUNCT
fbem-21416	192	4	jun	jun	PROPN
fbem-21416	192	5	song	song	NOUN
fbem-21416	192	6	,	,	PUNCT
fbem-21416	192	7	yang	yang	PROPN
fbem-21416	192	8	lu	lu	PROPN
fbem-21416	192	9	.	.	PUNCT
fbem-21416	193	1	the	the	DET
fbem-21416	193	2	u	u	NOUN
fbem-21416	193	3	-	-	ADJ
fbem-21416	193	4	shaped	shape	VERB
fbem-21416	193	5	relationship	relationship	NOUN
fbem-21416	193	6	between	between	ADP
fbem-21416	193	7	nonmonetary	nonmonetary	ADJ
fbem-21416	193	8	financial	financial	ADJ
fbem-21416	193	9	assets	asset	NOUN
fbem-21416	193	10	and	and	CCONJ
fbem-21416	193	11	operating	operating	NOUN
fbem-21416	193	12	returns	return	NOUN
fbem-21416	193	13	evidence	evidence	NOUN
fbem-21416	193	14	from	from	ADP
fbem-21416	193	15	financialization	financialization	NOUN
fbem-21416	193	16	of	of	ADP
fbem-21416	193	17	listed	list	VERB
fbem-21416	193	18	non	non	ADJ
fbem-21416	193	19	-	-	ADJ
fbem-21416	193	20	financial	financial	ADJ
fbem-21416	193	21	firms	firm	NOUN
fbem-21416	193	22	in	in	ADP
fbem-21416	193	23	china[j	china[j	PROPN
fbem-21416	193	24	]	]	PUNCT
fbem-21416	193	25	.	.	PUNCT
fbem-21416	194	1	financial	financial	ADJ
fbem-21416	194	2	research	research	NOUN
fbem-21416	194	3	,	,	PUNCT
fbem-21416	194	4	2015	2015	NUM
fbem-21416	194	5	,	,	PUNCT
fbem-21416	194	6	(	(	PUNCT
fbem-21416	194	7	06):111	06):111	NOUN
fbem-21416	194	8	-	-	PUNCT
fbem-21416	194	9	127	127	NUM
fbem-21416	194	10	.	.	PUNCT
fbem-21416	195	1	[	[	X
fbem-21416	195	2	5	5	X
fbem-21416	195	3	]	]	PUNCT
fbem-21416	195	4	yang	yang	PROPN
fbem-21416	195	5	yang	yang	PROPN
fbem-21416	195	6	,	,	PUNCT
fbem-21416	195	7	shuwen	shuwen	PROPN
fbem-21416	195	8	liu	liu	PROPN
fbem-21416	195	9	,	,	PUNCT
fbem-21416	195	10	zhaoyi	zhaoyi	PROPN
fbem-21416	195	11	xu	xu	PROPN
fbem-21416	195	12	et	et	PROPN
fbem-21416	195	13	al	al	PROPN
fbem-21416	195	14	.	.	PUNCT
fbem-21416	196	1	a	a	DET
fbem-21416	196	2	study	study	NOUN
fbem-21416	196	3	on	on	ADP
fbem-21416	196	4	the	the	DET
fbem-21416	196	5	impact	impact	NOUN
fbem-21416	196	6	of	of	ADP
fbem-21416	196	7	corporate	corporate	ADJ
fbem-21416	196	8	financialization	financialization	NOUN
fbem-21416	196	9	on	on	ADP
fbem-21416	196	10	corporate	corporate	ADJ
fbem-21416	196	11	performance	performance	NOUN
fbem-21416	196	12	based	base	VERB
fbem-21416	196	13	on	on	ADP
fbem-21416	196	14	the	the	DET
fbem-21416	196	15	perspective	perspective	NOUN
fbem-21416	196	16	of	of	ADP
fbem-21416	196	17	heterogeneity	heterogeneity	NOUN
fbem-21416	196	18	of	of	ADP
fbem-21416	196	19	maturity	maturity	NOUN
fbem-21416	196	20	structure[j	structure[j	NOUN
fbem-21416	196	21	]	]	PUNCT
fbem-21416	196	22	.	.	PUNCT
fbem-21416	197	1	accounting	accounting	NOUN
fbem-21416	197	2	research	research	NOUN
fbem-21416	197	3	,	,	PUNCT
fbem-21416	197	4	2021	2021	NUM
fbem-21416	197	5	,	,	PUNCT
fbem-21416	197	6	(	(	PUNCT
fbem-21416	197	7	09):77	09):77	NUM
fbem-21416	197	8	-	-	SYM
fbem-21416	197	9	94	94	NUM
fbem-21416	197	10	.	.	PUNCT
fbem-21416	198	1	[	[	X
fbem-21416	198	2	6	6	NUM
fbem-21416	198	3	]	]	PUNCT
fbem-21416	198	4	gold	gold	PROPN
fbem-21416	198	5	smith	smith	PROPN
fbem-21416	198	6	r.	r.	PROPN
fbem-21416	198	7	financial	financial	PROPN
fbem-21416	198	8	structure	structure	NOUN
fbem-21416	198	9	and	and	CCONJ
fbem-21416	198	10	economic	economic	ADJ
fbem-21416	198	11	development	development	NOUN
fbem-21416	199	1	[	[	X
fbem-21416	200	1	m	m	X
fbem-21416	200	2	]	]	X
fbem-21416	200	3	.	.	PUNCT
fbem-21416	201	1	new	new	PROPN
fbem-21416	201	2	haven	haven	PROPN
fbem-21416	201	3	:	:	PUNCT
fbem-21416	201	4	yale	yale	PROPN
fbem-21416	201	5	university	university	PROPN
fbem-21416	201	6	press	press	NOUN
fbem-21416	201	7	.	.	PUNCT
fbem-21416	202	1	1969	1969	NUM
fbem-21416	202	2	,	,	PUNCT
fbem-21416	202	3	155	155	NUM
fbem-21416	202	4	-	-	SYM
fbem-21416	202	5	213	213	NUM
fbem-21416	202	6	.	.	PUNCT
fbem-21416	203	1	[	[	X
fbem-21416	203	2	7	7	NUM
fbem-21416	203	3	]	]	X
fbem-21416	203	4	orhangazi	orhangazi	NOUN
fbem-21416	203	5	o.	o.	NOUN
fbem-21416	203	6	financialization	financialization	NOUN
fbem-21416	203	7	and	and	CCONJ
fbem-21416	203	8	capital	capital	NOUN
fbem-21416	203	9	accumulation	accumulation	NOUN
fbem-21416	203	10	in	in	ADP
fbem-21416	203	11	the	the	DET
fbem-21416	203	12	nonfinancial	nonfinancial	ADJ
fbem-21416	203	13	corporate	corporate	ADJ
fbem-21416	203	14	sector	sector	NOUN
fbem-21416	203	15	:	:	PUNCT
fbem-21416	203	16	a	a	DET
fbem-21416	203	17	theoretical	theoretical	ADJ
fbem-21416	203	18	and	and	CCONJ
fbem-21416	203	19	empirical	empirical	ADJ
fbem-21416	203	20	investigation	investigation	NOUN
fbem-21416	203	21	on	on	ADP
fbem-21416	203	22	the	the	DET
fbem-21416	203	23	us	us	PROPN
fbem-21416	203	24	economy	economy	NOUN
fbem-21416	203	25	,	,	PUNCT
fbem-21416	203	26	1973	1973	NUM
fbem-21416	203	27	-	-	SYM
fbem-21416	203	28	2004[j	2004[j	PROPN
fbem-21416	203	29	]	]	PUNCT
fbem-21416	203	30	.	.	PUNCT
fbem-21416	204	1	cambridge	cambridge	PROPN
fbem-21416	204	2	journal	journal	PROPN
fbem-21416	204	3	of	of	ADP
fbem-21416	204	4	economics	economic	NOUN
fbem-21416	204	5	,	,	PUNCT
fbem-21416	204	6	2008	2008	NUM
fbem-21416	204	7	,	,	PUNCT
fbem-21416	204	8	(	(	PUNCT
fbem-21416	204	9	6	6	NUM
fbem-21416	204	10	):	):	PUNCT
fbem-21416	204	11	863	863	NUM
fbem-21416	204	12	-	-	SYM
fbem-21416	204	13	886	886	NUM
fbem-21416	204	14	.	.	PUNCT
fbem-21416	205	1	[	[	X
fbem-21416	205	2	8	8	NUM
fbem-21416	205	3	]	]	X
fbem-21416	205	4	demir	demir	PROPN
fbem-21416	205	5	f.	f.	PROPN
fbem-21416	205	6	financial	financial	PROPN
fbem-21416	205	7	liberalization	liberalization	PROPN
fbem-21416	205	8	,	,	PUNCT
fbem-21416	205	9	private	private	ADJ
fbem-21416	205	10	investment	investment	NOUN
fbem-21416	205	11	and	and	CCONJ
fbem-21416	205	12	portfolio	portfolio	NOUN
fbem-21416	205	13	choice	choice	NOUN
fbem-21416	205	14	:	:	PUNCT
fbem-21416	205	15	financialization	financialization	NOUN
fbem-21416	205	16	of	of	ADP
fbem-21416	205	17	real	real	ADJ
fbem-21416	205	18	sectors	sector	NOUN
fbem-21416	205	19	in	in	ADP
fbem-21416	205	20	emerging	emerge	VERB
fbem-21416	205	21	markets[j	markets[j	NOUN
fbem-21416	205	22	]	]	PUNCT
fbem-21416	205	23	.	.	PUNCT
fbem-21416	206	1	journal	journal	PROPN
fbem-21416	206	2	of	of	ADP
fbem-21416	206	3	development	development	NOUN
fbem-21416	206	4	economics	economic	NOUN
fbem-21416	206	5	,	,	PUNCT
fbem-21416	206	6	2009	2009	NUM
fbem-21416	206	7	,	,	PUNCT
fbem-21416	206	8	88	88	NUM
fbem-21416	206	9	(	(	PUNCT
fbem-21416	206	10	2	2	NUM
fbem-21416	206	11	):	):	PUNCT
fbem-21416	206	12	314	314	NUM
fbem-21416	206	13	-	-	SYM
fbem-21416	206	14	324	324	NUM
fbem-21416	206	15	.	.	PUNCT
fbem-21416	207	1	[	[	X
fbem-21416	207	2	9	9	NUM
fbem-21416	207	3	]	]	X
fbem-21416	207	4	du	du	PROPN
fbem-21416	207	5	yong	yong	PROPN
fbem-21416	207	6	,	,	PUNCT
fbem-21416	207	7	xie	xie	PROPN
fbem-21416	207	8	jin	jin	PROPN
fbem-21416	207	9	,	,	PUNCT
fbem-21416	207	10	chen	chen	PROPN
fbem-21416	207	11	jianying	jianying	PROPN
fbem-21416	207	12	.	.	PUNCT
fbem-21416	208	1	ceo	ceo	PROPN
fbem-21416	208	2	financial	financial	ADJ
fbem-21416	208	3	background	background	NOUN
fbem-21416	208	4	and	and	CCONJ
fbem-21416	208	5	financialization	financialization	NOUN
fbem-21416	208	6	of	of	ADP
fbem-21416	208	7	real	real	PROPN
fbem-21416	208	8	enterprises[j	enterprises[j	PROPN
fbem-21416	208	9	]	]	PUNCT
fbem-21416	208	10	.	.	PUNCT
fbem-21416	209	1	china	china	PROPN
fbem-21416	209	2	industrial	industrial	ADJ
fbem-21416	209	3	economy	economy	NOUN
fbem-21416	209	4	,	,	PUNCT
fbem-21416	209	5	2019	2019	NUM
fbem-21416	209	6	,	,	PUNCT
fbem-21416	209	7	(	(	PUNCT
fbem-21416	209	8	05):136	05):136	NOUN
fbem-21416	209	9	-	-	SYM
fbem-21416	209	10	154	154	NUM
fbem-21416	209	11	.	.	PUNCT
fbem-21416	210	1	[	[	X
fbem-21416	210	2	10	10	NUM
fbem-21416	210	3	]	]	X
fbem-21416	210	4	wu	wu	PROPN
fbem-21416	210	5	fei	fei	PROPN
fbem-21416	210	6	,	,	PUNCT
fbem-21416	210	7	xiang	xiang	PROPN
fbem-21416	210	8	hailing	hail	VERB
fbem-21416	210	9	.	.	PUNCT
fbem-21416	211	1	a	a	DET
fbem-21416	211	2	study	study	NOUN
fbem-21416	211	3	of	of	ADP
fbem-21416	211	4	term	term	NOUN
fbem-21416	211	5	structure	structure	NOUN
fbem-21416	211	6	heterogeneity	heterogeneity	NOUN
fbem-21416	211	7	in	in	ADP
fbem-21416	211	8	corporate	corporate	ADJ
fbem-21416	211	9	financialization	financialization	NOUN
fbem-21416	211	10	affecting	affect	VERB
fbem-21416	211	11	technological	technological	ADJ
fbem-21416	211	12	innovation	innovation	NOUN
fbem-21416	211	13	theoretical	theoretical	ADJ
fbem-21416	211	14	model	model	NOUN
fbem-21416	211	15	inference	inference	NOUN
fbem-21416	211	16	and	and	CCONJ
fbem-21416	211	17	empirical	empirical	ADJ
fbem-21416	211	18	evidence	evidence	NOUN
fbem-21416	211	19	from	from	ADP
fbem-21416	211	20	china[j	china[j	PROPN
fbem-21416	211	21	]	]	PUNCT
fbem-21416	211	22	.	.	PUNCT
fbem-21416	212	1	contemporary	contemporary	ADJ
fbem-21416	212	2	economic	economic	ADJ
fbem-21416	212	3	management	management	NOUN
fbem-21416	212	4	,	,	PUNCT
fbem-21416	212	5	2020	2020	NUM
fbem-21416	212	6	,	,	PUNCT
fbem-21416	212	7	42(02	42(02	NUM
fbem-21416	212	8	):	):	PUNCT
fbem-21416	212	9	84	84	NUM
fbem-21416	212	10	-	-	SYM
fbem-21416	212	11	91	91	NUM
fbem-21416	212	12	.	.	PUNCT
