id	sid	tid	token	lemma	pos
fbem-22230	1	1	frontiers	frontier	NOUN
fbem-22230	1	2	in	in	ADP
fbem-22230	1	3	business	business	NOUN
fbem-22230	1	4	,	,	PUNCT
fbem-22230	1	5	economics	economic	NOUN
fbem-22230	1	6	and	and	CCONJ
fbem-22230	1	7	management	management	NOUN
fbem-22230	1	8	issn	issn	PROPN
fbem-22230	1	9	:	:	PUNCT
fbem-22230	1	10	2766	2766	NUM
fbem-22230	1	11	-	-	PUNCT
fbem-22230	1	12	824x	824x	NUM
fbem-22230	1	13	|	|	ADJ
fbem-22230	1	14	vol	vol	NOUN
fbem-22230	1	15	.	.	PROPN
fbem-22230	1	16	15	15	NUM
fbem-22230	1	17	,	,	PUNCT
fbem-22230	1	18	no	no	INTJ
fbem-22230	1	19	.	.	NOUN
fbem-22230	1	20	2	2	NUM
fbem-22230	1	21	,	,	PUNCT
fbem-22230	1	22	2024	2024	NUM
fbem-22230	1	23	68	68	NUM
fbem-22230	1	24	changes	change	NOUN
fbem-22230	1	25	in	in	ADP
fbem-22230	1	26	financial	financial	ADJ
fbem-22230	1	27	performance	performance	NOUN
fbem-22230	1	28	of	of	ADP
fbem-22230	1	29	bl	bl	PROPN
fbem-22230	1	30	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	1	31	before	before	ADV
fbem-22230	1	32	and	and	CCONJ
fbem-22230	1	33	after	after	ADP
fbem-22230	1	34	the	the	DET
fbem-22230	1	35	equity	equity	NOUN
fbem-22230	1	36	incentive	incentive	NOUN
fbem-22230	1	37	plan	plan	NOUN
fbem-22230	1	38	and	and	CCONJ
fbem-22230	1	39	its	its	PRON
fbem-22230	1	40	implications	implication	NOUN
fbem-22230	1	41	yihan	yihan	ADP
fbem-22230	1	42	xu	xu	PROPN
fbem-22230	1	43	,	,	PUNCT
fbem-22230	1	44	ronghua	ronghua	PROPN
fbem-22230	1	45	he	he	PRON
fbem-22230	1	46	faculty	faculty	NOUN
fbem-22230	1	47	of	of	ADP
fbem-22230	1	48	economics	economic	NOUN
fbem-22230	1	49	and	and	CCONJ
fbem-22230	1	50	management	management	NOUN
fbem-22230	1	51	,	,	PUNCT
fbem-22230	1	52	southwest	southwest	ADJ
fbem-22230	1	53	petroleum	petroleum	PROPN
fbem-22230	1	54	university	university	PROPN
fbem-22230	1	55	,	,	PUNCT
fbem-22230	1	56	sichuan	sichuan	PROPN
fbem-22230	1	57	,	,	PUNCT
fbem-22230	1	58	china	china	PROPN
fbem-22230	1	59	abstract	abstract	NOUN
fbem-22230	1	60	:	:	PUNCT
fbem-22230	1	61	taking	take	VERB
fbem-22230	1	62	bl	bl	ADP
fbem-22230	1	63	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	1	64	as	as	ADP
fbem-22230	1	65	an	an	DET
fbem-22230	1	66	example	example	NOUN
fbem-22230	1	67	,	,	PUNCT
fbem-22230	1	68	this	this	DET
fbem-22230	1	69	paper	paper	NOUN
fbem-22230	1	70	analyzes	analyze	VERB
fbem-22230	1	71	the	the	DET
fbem-22230	1	72	changes	change	NOUN
fbem-22230	1	73	in	in	ADP
fbem-22230	1	74	its	its	PRON
fbem-22230	1	75	financial	financial	ADJ
fbem-22230	1	76	performance	performance	NOUN
fbem-22230	1	77	before	before	ADV
fbem-22230	1	78	and	and	CCONJ
fbem-22230	1	79	after	after	ADP
fbem-22230	1	80	the	the	DET
fbem-22230	1	81	implementation	implementation	NOUN
fbem-22230	1	82	of	of	ADP
fbem-22230	1	83	the	the	DET
fbem-22230	1	84	equity	equity	NOUN
fbem-22230	1	85	incentive	incentive	PROPN
fbem-22230	1	86	plan	plan	NOUN
fbem-22230	1	87	,	,	PUNCT
fbem-22230	1	88	and	and	CCONJ
fbem-22230	1	89	discusses	discuss	VERB
fbem-22230	1	90	the	the	DET
fbem-22230	1	91	implications	implication	NOUN
fbem-22230	1	92	of	of	ADP
fbem-22230	1	93	the	the	DET
fbem-22230	1	94	equity	equity	NOUN
fbem-22230	1	95	incentive	incentive	NOUN
fbem-22230	1	96	plan	plan	NOUN
fbem-22230	1	97	for	for	ADP
fbem-22230	1	98	enterp	enterp	ADJ
fbem-22230	1	99	rise	rise	NOUN
fbem-22230	1	100	development	development	NOUN
fbem-22230	1	101	.	.	PUNCT
fbem-22230	2	1	it	it	PRON
fbem-22230	2	2	is	be	AUX
fbem-22230	2	3	found	find	VERB
fbem-22230	2	4	that	that	SCONJ
fbem-22230	2	5	after	after	SCONJ
fbem-22230	2	6	the	the	DET
fbem-22230	2	7	equity	equity	NOUN
fbem-22230	2	8	incentive	incentive	NOUN
fbem-22230	2	9	plan	plan	NOUN
fbem-22230	2	10	was	be	AUX
fbem-22230	2	11	put	put	VERB
fbem-22230	2	12	into	into	ADP
fbem-22230	2	13	effect	effect	NOUN
fbem-22230	2	14	,	,	PUNCT
fbem-22230	2	15	bl	bl	PROPN
fbem-22230	2	16	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	2	17	'	'	PART
fbem-22230	2	18	financial	financial	ADJ
fbem-22230	2	19	indicators	indicator	NOUN
fbem-22230	2	20	such	such	ADJ
fbem-22230	2	21	as	as	ADP
fbem-22230	2	22	operating	operate	VERB
fbem-22230	2	23	income	income	NOUN
fbem-22230	2	24	,	,	PUNCT
fbem-22230	2	25	net	net	ADJ
fbem-22230	2	26	profit	profit	NOUN
fbem-22230	2	27	and	and	CCONJ
fbem-22230	2	28	net	net	ADJ
fbem-22230	2	29	asset	asset	NOUN
fbem-22230	2	30	value	value	NOUN
fbem-22230	2	31	all	all	PRON
fbem-22230	2	32	showed	show	VERB
fbem-22230	2	33	significant	significant	ADJ
fbem-22230	2	34	improvement	improvement	NOUN
fbem-22230	2	35	.	.	PUNCT
fbem-22230	3	1	in	in	ADP
fbem-22230	3	2	addition	addition	NOUN
fbem-22230	3	3	,	,	PUNCT
fbem-22230	3	4	the	the	DET
fbem-22230	3	5	work	work	NOUN
fbem-22230	3	6	motivation	motivation	NOUN
fbem-22230	3	7	of	of	ADP
fbem-22230	3	8	the	the	DET
fbem-22230	3	9	employees	employee	NOUN
fbem-22230	3	10	of	of	ADP
fbem-22230	3	11	the	the	DET
fbem-22230	3	12	enterprise	enterprise	NOUN
fbem-22230	3	13	has	have	AUX
fbem-22230	3	14	been	be	AUX
fbem-22230	3	15	well	well	ADV
fbem-22230	3	16	stimulated	stimulate	VERB
fbem-22230	3	17	,	,	PUNCT
fbem-22230	3	18	thus	thus	ADV
fbem-22230	3	19	promoting	promote	VERB
fbem-22230	3	20	the	the	DET
fbem-22230	3	21	development	development	NOUN
fbem-22230	3	22	and	and	CCONJ
fbem-22230	3	23	innovation	innovation	NOUN
fbem-22230	3	24	of	of	ADP
fbem-22230	3	25	the	the	DET
fbem-22230	3	26	enterprise	enterprise	NOUN
fbem-22230	3	27	.	.	PUNCT
fbem-22230	4	1	equity	equity	NOUN
fbem-22230	4	2	incentive	incentive	NOUN
fbem-22230	4	3	programs	program	NOUN
fbem-22230	4	4	have	have	VERB
fbem-22230	4	5	a	a	DET
fbem-22230	4	6	very	very	ADV
fbem-22230	4	7	obvious	obvious	ADJ
fbem-22230	4	8	role	role	NOUN
fbem-22230	4	9	in	in	ADP
fbem-22230	4	10	the	the	DET
fbem-22230	4	11	motivation	motivation	NOUN
fbem-22230	4	12	and	and	CCONJ
fbem-22230	4	13	development	development	NOUN
fbem-22230	4	14	of	of	ADP
fbem-22230	4	15	enterprises	enterprise	NOUN
fbem-22230	4	16	,	,	PUNCT
fbem-22230	4	17	but	but	CCONJ
fbem-22230	4	18	they	they	PRON
fbem-22230	4	19	also	also	ADV
fbem-22230	4	20	face	face	VERB
fbem-22230	4	21	certain	certain	ADJ
fbem-22230	4	22	risk	risk	NOUN
fbem-22230	4	23	s	s	NOUN
fbem-22230	4	24	and	and	CCONJ
fbem-22230	4	25	management	management	NOUN
fbem-22230	4	26	challenges	challenge	NOUN
fbem-22230	4	27	.	.	PUNCT
fbem-22230	5	1	therefore	therefore	ADV
fbem-22230	5	2	,	,	PUNCT
fbem-22230	5	3	enterprises	enterprise	NOUN
fbem-22230	5	4	should	should	AUX
fbem-22230	5	5	develop	develop	VERB
fbem-22230	5	6	a	a	DET
fbem-22230	5	7	more	more	ADV
fbem-22230	5	8	reasonable	reasonable	ADJ
fbem-22230	5	9	equity	equity	NOUN
fbem-22230	5	10	incentive	incentive	NOUN
fbem-22230	5	11	plan	plan	NOUN
fbem-22230	5	12	,	,	PUNCT
fbem-22230	5	13	focusing	focus	VERB
fbem-22230	5	14	on	on	ADP
fbem-22230	5	15	the	the	DET
fbem-22230	5	16	construction	construction	NOUN
fbem-22230	5	17	of	of	ADP
fbem-22230	5	18	internal	internal	ADJ
fbem-22230	5	19	management	management	NOUN
fbem-22230	5	20	mechanism	mechanism	NOUN
fbem-22230	5	21	and	and	CCONJ
fbem-22230	5	22	talent	talent	NOUN
fbem-22230	5	23	management	management	NOUN
fbem-22230	5	24	system	system	NOUN
fbem-22230	5	25	,	,	PUNCT
fbem-22230	5	26	in	in	ADP
fbem-22230	5	27	order	order	NOUN
fbem-22230	5	28	to	to	PART
fbem-22230	5	29	ensure	ensure	VERB
fbem-22230	5	30	the	the	DET
fbem-22230	5	31	effectiveness	effectiveness	NOUN
fbem-22230	5	32	and	and	CCONJ
fbem-22230	5	33	continuity	continuity	NOUN
fbem-22230	5	34	of	of	ADP
fbem-22230	5	35	the	the	DET
fbem-22230	5	36	incentive	incentive	NOUN
fbem-22230	5	37	policy	policy	NOUN
fbem-22230	5	38	.	.	PUNCT
fbem-22230	6	1	keywords	keyword	NOUN
fbem-22230	6	2	:	:	PUNCT
fbem-22230	6	3	bl	bl	PART
fbem-22230	6	4	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	6	5	,	,	PUNCT
fbem-22230	6	6	equity	equity	NOUN
fbem-22230	6	7	incentive	incentive	NOUN
fbem-22230	6	8	program	program	NOUN
fbem-22230	6	9	,	,	PUNCT
fbem-22230	6	10	financial	financial	ADJ
fbem-22230	6	11	performance	performance	NOUN
fbem-22230	6	12	.	.	PUNCT
fbem-22230	7	1	1	1	X
fbem-22230	7	2	.	.	X
fbem-22230	7	3	introduction	introduction	NOUN
fbem-22230	7	4	with	with	ADP
fbem-22230	7	5	the	the	DET
fbem-22230	7	6	continuous	continuous	ADJ
fbem-22230	7	7	updating	updating	NOUN
fbem-22230	7	8	of	of	ADP
fbem-22230	7	9	enterprise	enterprise	NOUN
fbem-22230	7	10	management	management	NOUN
fbem-22230	7	11	concepts	concept	NOUN
fbem-22230	7	12	and	and	CCONJ
fbem-22230	7	13	the	the	DET
fbem-22230	7	14	intensification	intensification	NOUN
fbem-22230	7	15	of	of	ADP
fbem-22230	7	16	competition	competition	NOUN
fbem-22230	7	17	for	for	ADP
fbem-22230	7	18	talents	talent	NOUN
fbem-22230	7	19	,	,	PUNCT
fbem-22230	7	20	equity	equity	NOUN
fbem-22230	7	21	incentive	incentive	NOUN
fbem-22230	7	22	programs	program	NOUN
fbem-22230	7	23	are	be	AUX
fbem-22230	7	24	receiving	receive	VERB
fbem-22230	7	25	more	more	ADJ
fbem-22230	7	26	and	and	CCONJ
fbem-22230	7	27	more	more	ADJ
fbem-22230	7	28	attention	attention	NOUN
fbem-22230	7	29	.	.	PUNCT
fbem-22230	8	1	as	as	ADP
fbem-22230	8	2	an	an	DET
fbem-22230	8	3	advanced	advanced	ADJ
fbem-22230	8	4	reward	reward	NOUN
fbem-22230	8	5	method	method	NOUN
fbem-22230	8	6	,	,	PUNCT
fbem-22230	8	7	equity	equity	NOUN
fbem-22230	8	8	incentive	incentive	NOUN
fbem-22230	8	9	plan	plan	NOUN
fbem-22230	8	10	can	can	AUX
fbem-22230	8	11	not	not	PART
fbem-22230	8	12	only	only	ADV
fbem-22230	8	13	effectively	effectively	ADV
fbem-22230	8	14	improve	improve	VERB
fbem-22230	8	15	the	the	DET
fbem-22230	8	16	work	work	NOUN
fbem-22230	8	17	enthusiasm	enthusiasm	NOUN
fbem-22230	8	18	and	and	CCONJ
fbem-22230	8	19	creativity	creativity	NOUN
fbem-22230	8	20	of	of	ADP
fbem-22230	8	21	employees	employee	NOUN
fbem-22230	8	22	,	,	PUNCT
fbem-22230	8	23	but	but	CCONJ
fbem-22230	8	24	also	also	ADV
fbem-22230	8	25	promote	promote	VERB
fbem-22230	8	26	the	the	DET
fbem-22230	8	27	sustainable	sustainable	ADJ
fbem-22230	8	28	development	development	NOUN
fbem-22230	8	29	of	of	ADP
fbem-22230	8	30	enterprises	enterprise	NOUN
fbem-22230	8	31	and	and	CCONJ
fbem-22230	8	32	enhance	enhance	VERB
fbem-22230	8	33	their	their	PRON
fbem-22230	8	34	competitiveness	competitiveness	NOUN
fbem-22230	9	1	[	[	X
fbem-22230	9	2	1	1	NUM
fbem-22230	9	3	]	]	PUNCT
fbem-22230	9	4	.	.	PUNCT
fbem-22230	9	5	bl	bl	PROPN
fbem-22230	9	6	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	9	7	,	,	PUNCT
fbem-22230	9	8	a	a	DET
fbem-22230	9	9	pharmaceutical	pharmaceutical	ADJ
fbem-22230	9	10	company	company	NOUN
fbem-22230	9	11	with	with	ADP
fbem-22230	9	12	a	a	DET
fbem-22230	9	13	certain	certain	ADJ
fbem-22230	9	14	scale	scale	NOUN
fbem-22230	9	15	and	and	CCONJ
fbem-22230	9	16	strength	strength	NOUN
fbem-22230	9	17	,	,	PUNCT
fbem-22230	9	18	has	have	AUX
fbem-22230	9	19	significantly	significantly	ADV
fbem-22230	9	20	improved	improve	VERB
fbem-22230	9	21	its	its	PRON
fbem-22230	9	22	financial	financial	ADJ
fbem-22230	9	23	performance	performance	NOUN
fbem-22230	9	24	since	since	SCONJ
fbem-22230	9	25	it	it	PRON
fbem-22230	9	26	began	begin	VERB
fbem-22230	9	27	its	its	PRON
fbem-22230	9	28	equity	equity	NOUN
fbem-22230	9	29	incentive	incentive	NOUN
fbem-22230	9	30	program	program	NOUN
fbem-22230	9	31	in	in	ADP
fbem-22230	9	32	2019	2019	NUM
fbem-22230	9	33	,	,	PUNCT
fbem-22230	9	34	a	a	DET
fbem-22230	9	35	phenomenon	phenomenon	NOUN
fbem-22230	9	36	that	that	PRON
fbem-22230	9	37	has	have	AUX
fbem-22230	9	38	attracted	attract	VERB
fbem-22230	9	39	widespread	widespread	ADJ
fbem-22230	9	40	attention	attention	NOUN
fbem-22230	9	41	.	.	PUNCT
fbem-22230	10	1	therefore	therefore	ADV
fbem-22230	10	2	,	,	PUNCT
fbem-22230	10	3	the	the	DET
fbem-22230	10	4	study	study	NOUN
fbem-22230	10	5	of	of	ADP
fbem-22230	10	6	the	the	DET
fbem-22230	10	7	changes	change	NOUN
fbem-22230	10	8	in	in	ADP
fbem-22230	10	9	financial	financial	ADJ
fbem-22230	10	10	performance	performance	NOUN
fbem-22230	10	11	before	before	ADP
fbem-22230	10	12	and	and	CCONJ
fbem-22230	10	13	after	after	ADP
fbem-22230	10	14	the	the	DET
fbem-22230	10	15	bl	bl	PROPN
fbem-22230	10	16	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	10	17	equity	equity	NOUN
fbem-22230	10	18	incentive	incentive	NOUN
fbem-22230	10	19	plan	plan	NOUN
fbem-22230	10	20	not	not	PART
fbem-22230	10	21	only	only	ADV
fbem-22230	10	22	helps	help	VERB
fbem-22230	10	23	to	to	PART
fbem-22230	10	24	gain	gain	VERB
fbem-22230	10	25	an	an	DET
fbem-22230	10	26	in	in	ADP
fbem-22230	10	27	-	-	PUNCT
fbem-22230	10	28	depth	depth	NOUN
fbem-22230	10	29	understanding	understanding	NOUN
fbem-22230	10	30	of	of	ADP
fbem-22230	10	31	the	the	DET
fbem-22230	10	32	impact	impact	NOUN
fbem-22230	10	33	of	of	ADP
fbem-22230	10	34	the	the	DET
fbem-22230	10	35	equity	equity	NOUN
fbem-22230	10	36	incentive	incentive	NOUN
fbem-22230	10	37	plan	plan	NOUN
fbem-22230	10	38	on	on	ADP
fbem-22230	10	39	the	the	DET
fbem-22230	10	40	development	development	NOUN
fbem-22230	10	41	of	of	ADP
fbem-22230	10	42	the	the	DET
fbem-22230	10	43	enterprise	enterprise	NOUN
fbem-22230	10	44	,	,	PUNCT
fbem-22230	10	45	but	but	CCONJ
fbem-22230	10	46	also	also	ADV
fbem-22230	10	47	helps	help	VERB
fbem-22230	10	48	to	to	PART
fbem-22230	10	49	provide	provide	VERB
fbem-22230	10	50	some	some	DET
fbem-22230	10	51	reference	reference	NOUN
fbem-22230	10	52	for	for	ADP
fbem-22230	10	53	the	the	DET
fbem-22230	10	54	implementation	implementation	NOUN
fbem-22230	10	55	of	of	ADP
fbem-22230	10	56	equity	equity	NOUN
fbem-22230	10	57	incentive	incentive	NOUN
fbem-22230	10	58	plans	plan	NOUN
fbem-22230	10	59	in	in	ADP
fbem-22230	10	60	other	other	ADJ
fbem-22230	10	61	enterprises	enterprise	NOUN
fbem-22230	10	62	.	.	PUNCT
fbem-22230	11	1	share	share	NOUN
fbem-22230	11	2	incentive	incentive	NOUN
fbem-22230	11	3	program	program	NOUN
fbem-22230	11	4	has	have	AUX
fbem-22230	11	5	always	always	ADV
fbem-22230	11	6	been	be	AUX
fbem-22230	11	7	one	one	NUM
fbem-22230	11	8	of	of	ADP
fbem-22230	11	9	the	the	DET
fbem-22230	11	10	major	major	ADJ
fbem-22230	11	11	companies	company	NOUN
fbem-22230	11	12	in	in	ADP
fbem-22230	11	13	the	the	DET
fbem-22230	11	14	management	management	NOUN
fbem-22230	11	15	and	and	CCONJ
fbem-22230	11	16	development	development	NOUN
fbem-22230	11	17	of	of	ADP
fbem-22230	11	18	the	the	DET
fbem-22230	11	19	policy	policy	NOUN
fbem-22230	11	20	attaches	attach	VERB
fbem-22230	11	21	great	great	ADJ
fbem-22230	11	22	importance	importance	NOUN
fbem-22230	11	23	to	to	PART
fbem-22230	11	24	bl	bl	VERB
fbem-22230	11	25	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	11	26	,	,	PUNCT
fbem-22230	11	27	as	as	ADP
fbem-22230	11	28	a	a	DET
fbem-22230	11	29	well	well	ADV
fbem-22230	11	30	-	-	PUNCT
fbem-22230	11	31	known	know	VERB
fbem-22230	11	32	pharmaceutical	pharmaceutical	NOUN
fbem-22230	11	33	companies	company	NOUN
fbem-22230	11	34	,	,	PUNCT
fbem-22230	11	35	in	in	ADP
fbem-22230	11	36	the	the	DET
fbem-22230	11	37	implementation	implementation	NOUN
fbem-22230	11	38	of	of	ADP
fbem-22230	11	39	the	the	DET
fbem-22230	11	40	share	share	NOUN
fbem-22230	11	41	incentive	incentive	NOUN
fbem-22230	11	42	plan	plan	NOUN
fbem-22230	11	43	has	have	AUX
fbem-22230	11	44	also	also	ADV
fbem-22230	11	45	achieved	achieve	VERB
fbem-22230	11	46	good	good	ADJ
fbem-22230	11	47	performance	performance	NOUN
fbem-22230	11	48	.	.	PUNCT
fbem-22230	12	1	however	however	ADV
fbem-22230	12	2	,	,	PUNCT
fbem-22230	12	3	the	the	DET
fbem-22230	12	4	impacts	impact	NOUN
fbem-22230	12	5	of	of	ADP
fbem-22230	12	6	equity	equity	NOUN
fbem-22230	12	7	incentive	incentive	NOUN
fbem-22230	12	8	plans	plan	NOUN
fbem-22230	12	9	have	have	VERB
fbem-22230	12	10	both	both	CCONJ
fbem-22230	12	11	positive	positive	ADJ
fbem-22230	12	12	driving	driving	NOUN
fbem-22230	12	13	effects	effect	NOUN
fbem-22230	12	14	and	and	CCONJ
fbem-22230	12	15	certain	certain	ADJ
fbem-22230	12	16	risks	risk	NOUN
fbem-22230	12	17	and	and	CCONJ
fbem-22230	12	18	pitfalls	pitfall	NOUN
fbem-22230	12	19	.	.	PUNCT
fbem-22230	13	1	this	this	DET
fbem-22230	13	2	article	article	NOUN
fbem-22230	13	3	will	will	AUX
fbem-22230	13	4	analyze	analyze	VERB
fbem-22230	13	5	the	the	DET
fbem-22230	13	6	financial	financial	ADJ
fbem-22230	13	7	performance	performance	NOUN
fbem-22230	13	8	changes	change	NOUN
fbem-22230	13	9	of	of	ADP
fbem-22230	13	10	bl	bl	NOUN
fbem-22230	13	11	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	13	12	after	after	ADP
fbem-22230	13	13	the	the	DET
fbem-22230	13	14	implementation	implementation	NOUN
fbem-22230	13	15	of	of	ADP
fbem-22230	13	16	the	the	DET
fbem-22230	13	17	equity	equity	NOUN
fbem-22230	13	18	incentive	incentive	PROPN
fbem-22230	13	19	plan	plan	NOUN
fbem-22230	13	20	,	,	PUNCT
fbem-22230	13	21	aiming	aim	VERB
fbem-22230	13	22	to	to	PART
fbem-22230	13	23	explore	explore	VERB
fbem-22230	13	24	the	the	DET
fbem-22230	13	25	impact	impact	NOUN
fbem-22230	13	26	of	of	ADP
fbem-22230	13	27	the	the	DET
fbem-22230	13	28	equity	equity	NOUN
fbem-22230	13	29	incentive	incentive	NOUN
fbem-22230	13	30	plan	plan	NOUN
fbem-22230	13	31	on	on	ADP
fbem-22230	13	32	the	the	DET
fbem-22230	13	33	development	development	NOUN
fbem-22230	13	34	of	of	ADP
fbem-22230	13	35	the	the	DET
fbem-22230	13	36	enterprise	enterprise	NOUN
fbem-22230	13	37	,	,	PUNCT
fbem-22230	13	38	and	and	CCONJ
fbem-22230	13	39	put	put	VERB
fbem-22230	13	40	forward	forward	ADV
fbem-22230	13	41	some	some	DET
fbem-22230	13	42	practical	practical	ADJ
fbem-22230	13	43	significance	significance	NOUN
fbem-22230	13	44	of	of	ADP
fbem-22230	13	45	the	the	DET
fbem-22230	13	46	revelation	revelation	NOUN
fbem-22230	13	47	and	and	CCONJ
fbem-22230	13	48	recommendations	recommendation	NOUN
fbem-22230	13	49	for	for	ADP
fbem-22230	13	50	the	the	DET
fbem-22230	13	51	development	development	NOUN
fbem-22230	13	52	and	and	CCONJ
fbem-22230	13	53	implementation	implementation	NOUN
fbem-22230	13	54	of	of	ADP
fbem-22230	13	55	the	the	DET
fbem-22230	13	56	enterprise	enterprise	NOUN
fbem-22230	13	57	equity	equity	NOUN
fbem-22230	13	58	incentive	incentive	NOUN
fbem-22230	13	59	plan	plan	NOUN
fbem-22230	13	60	to	to	PART
fbem-22230	13	61	provide	provide	VERB
fbem-22230	13	62	in	in	ADP
fbem-22230	13	63	-	-	PUNCT
fbem-22230	13	64	depth	depth	NOUN
fbem-22230	13	65	and	and	CCONJ
fbem-22230	13	66	effective	effective	ADJ
fbem-22230	13	67	assistance	assistance	NOUN
fbem-22230	13	68	.	.	PUNCT
fbem-22230	14	1	1.1	1.1	NUM
fbem-22230	14	2	.	.	PUNCT
fbem-22230	15	1	share	share	VERB
fbem-22230	15	2	incentive	incentive	NOUN
fbem-22230	15	3	scheme	scheme	NOUN
fbem-22230	15	4	a	a	DET
fbem-22230	15	5	stock	stock	NOUN
fbem-22230	15	6	incentive	incentive	NOUN
fbem-22230	15	7	plan	plan	NOUN
fbem-22230	15	8	is	be	AUX
fbem-22230	15	9	a	a	DET
fbem-22230	15	10	reward	reward	NOUN
fbem-22230	15	11	policy	policy	NOUN
fbem-22230	15	12	implemented	implement	VERB
fbem-22230	15	13	by	by	ADP
fbem-22230	15	14	a	a	DET
fbem-22230	15	15	company	company	NOUN
fbem-22230	15	16	to	to	PART
fbem-22230	15	17	motivate	motivate	VERB
fbem-22230	15	18	its	its	PRON
fbem-22230	15	19	employees	employee	NOUN
fbem-22230	15	20	to	to	PART
fbem-22230	15	21	actively	actively	ADV
fbem-22230	15	22	participate	participate	VERB
fbem-22230	15	23	in	in	ADP
fbem-22230	15	24	the	the	DET
fbem-22230	15	25	development	development	NOUN
fbem-22230	15	26	of	of	ADP
fbem-22230	15	27	the	the	DET
fbem-22230	15	28	company	company	NOUN
fbem-22230	15	29	.	.	PUNCT
fbem-22230	16	1	it	it	PRON
fbem-22230	16	2	uses	use	VERB
fbem-22230	16	3	shares	share	NOUN
fbem-22230	16	4	as	as	ADP
fbem-22230	16	5	an	an	DET
fbem-22230	16	6	incentive	incentive	NOUN
fbem-22230	16	7	to	to	PART
fbem-22230	16	8	enhance	enhance	VERB
fbem-22230	16	9	employees	employee	NOUN
fbem-22230	16	10	'	'	PART
fbem-22230	16	11	sense	sense	NOUN
fbem-22230	16	12	of	of	ADP
fbem-22230	16	13	belonging	belonging	NOUN
fbem-22230	16	14	and	and	CCONJ
fbem-22230	16	15	loyalty	loyalty	NOUN
fbem-22230	16	16	,	,	PUNCT
fbem-22230	16	17	increase	increase	VERB
fbem-22230	16	18	their	their	PRON
fbem-22230	16	19	motivation	motivation	NOUN
fbem-22230	16	20	and	and	CCONJ
fbem-22230	16	21	creativity	creativity	NOUN
fbem-22230	16	22	by	by	ADP
fbem-22230	16	23	granting	grant	VERB
fbem-22230	16	24	them	they	PRON
fbem-22230	16	25	company	company	NOUN
fbem-22230	16	26	shares	share	NOUN
fbem-22230	16	27	or	or	CCONJ
fbem-22230	16	28	the	the	DET
fbem-22230	16	29	right	right	NOUN
fbem-22230	16	30	to	to	PART
fbem-22230	16	31	purchase	purchase	VERB
fbem-22230	16	32	company	company	NOUN
fbem-22230	16	33	shares	share	NOUN
fbem-22230	16	34	,	,	PUNCT
fbem-22230	16	35	thus	thus	ADV
fbem-22230	16	36	positively	positively	ADV
fbem-22230	16	37	affecting	affect	VERB
fbem-22230	16	38	the	the	DET
fbem-22230	16	39	performance	performance	NOUN
fbem-22230	16	40	of	of	ADP
fbem-22230	16	41	the	the	DET
fbem-22230	16	42	enterprise	enterprise	NOUN
fbem-22230	16	43	[	[	X
fbem-22230	16	44	2	2	NUM
fbem-22230	16	45	]	]	PUNCT
fbem-22230	16	46	.	.	PUNCT
fbem-22230	17	1	1.2	1.2	NUM
fbem-22230	17	2	.	.	PUNCT
fbem-22230	18	1	traditional	traditional	ADJ
fbem-22230	18	2	financial	financial	ADJ
fbem-22230	18	3	ratio	ratio	NOUN
fbem-22230	18	4	analysis	analysis	NOUN
fbem-22230	18	5	financial	financial	ADJ
fbem-22230	18	6	performance	performance	NOUN
fbem-22230	18	7	is	be	AUX
fbem-22230	18	8	a	a	DET
fbem-22230	18	9	measure	measure	NOUN
fbem-22230	18	10	of	of	ADP
fbem-22230	18	11	the	the	DET
fbem-22230	18	12	operating	operating	NOUN
fbem-22230	18	13	results	result	NOUN
fbem-22230	18	14	created	create	VERB
fbem-22230	18	15	by	by	ADP
fbem-22230	18	16	the	the	DET
fbem-22230	18	17	day	day	NOUN
fbem-22230	18	18	-	-	PUNCT
fbem-22230	18	19	to	to	ADP
fbem-22230	18	20	-	-	PUNCT
fbem-22230	18	21	day	day	NOUN
fbem-22230	18	22	business	business	NOUN
fbem-22230	18	23	activities	activity	NOUN
fbem-22230	18	24	and	and	CCONJ
fbem-22230	18	25	the	the	DET
fbem-22230	18	26	implementation	implementation	NOUN
fbem-22230	18	27	of	of	ADP
fbem-22230	18	28	long	long	ADJ
fbem-22230	18	29	-	-	PUNCT
fbem-22230	18	30	term	term	NOUN
fbem-22230	18	31	strategies	strategy	NOUN
fbem-22230	18	32	for	for	ADP
fbem-22230	18	33	a	a	DET
fbem-22230	18	34	company	company	NOUN
fbem-22230	18	35	over	over	ADP
fbem-22230	18	36	a	a	DET
fbem-22230	18	37	certain	certain	ADJ
fbem-22230	18	38	period	period	NOUN
fbem-22230	18	39	of	of	ADP
fbem-22230	18	40	time	time	NOUN
fbem-22230	18	41	.	.	PUNCT
fbem-22230	19	1	there	there	PRON
fbem-22230	19	2	are	be	VERB
fbem-22230	19	3	many	many	ADJ
fbem-22230	19	4	ways	way	NOUN
fbem-22230	19	5	to	to	PART
fbem-22230	19	6	evaluate	evaluate	VERB
fbem-22230	19	7	the	the	DET
fbem-22230	19	8	financial	financial	ADJ
fbem-22230	19	9	performance	performance	NOUN
fbem-22230	19	10	of	of	ADP
fbem-22230	19	11	a	a	DET
fbem-22230	19	12	company	company	NOUN
fbem-22230	19	13	,	,	PUNCT
fbem-22230	19	14	and	and	CCONJ
fbem-22230	19	15	the	the	DET
fbem-22230	19	16	traditional	traditional	ADJ
fbem-22230	19	17	financial	financial	ADJ
fbem-22230	19	18	ratio	ratio	NOUN
fbem-22230	19	19	analysis	analysis	NOUN
fbem-22230	19	20	is	be	AUX
fbem-22230	19	21	the	the	DET
fbem-22230	19	22	most	most	ADV
fbem-22230	19	23	basic	basic	ADJ
fbem-22230	19	24	and	and	CCONJ
fbem-22230	19	25	commonly	commonly	ADV
fbem-22230	19	26	used	use	VERB
fbem-22230	19	27	method	method	NOUN
fbem-22230	19	28	,	,	PUNCT
fbem-22230	19	29	which	which	PRON
fbem-22230	19	30	evaluates	evaluate	VERB
fbem-22230	19	31	the	the	DET
fbem-22230	19	32	company	company	NOUN
fbem-22230	19	33	's	's	PART
fbem-22230	19	34	financial	financial	ADJ
fbem-22230	19	35	position	position	NOUN
fbem-22230	19	36	by	by	ADP
fbem-22230	19	37	calculating	calculate	VERB
fbem-22230	19	38	the	the	DET
fbem-22230	19	39	ratio	ratio	NOUN
fbem-22230	19	40	relationship	relationship	NOUN
fbem-22230	19	41	between	between	ADP
fbem-22230	19	42	different	different	ADJ
fbem-22230	19	43	items	item	NOUN
fbem-22230	19	44	of	of	ADP
fbem-22230	19	45	the	the	DET
fbem-22230	19	46	financial	financial	ADJ
fbem-22230	19	47	report	report	NOUN
fbem-22230	19	48	from	from	ADP
fbem-22230	19	49	the	the	DET
fbem-22230	19	50	perspective	perspective	NOUN
fbem-22230	19	51	of	of	ADP
fbem-22230	19	52	relativities	relativity	NOUN
fbem-22230	19	53	,	,	PUNCT
fbem-22230	19	54	and	and	CCONJ
fbem-22230	19	55	is	be	AUX
fbem-22230	19	56	used	use	VERB
fbem-22230	19	57	to	to	PART
fbem-22230	19	58	determine	determine	VERB
fbem-22230	19	59	whether	whether	SCONJ
fbem-22230	19	60	there	there	PRON
fbem-22230	19	61	are	be	VERB
fbem-22230	19	62	any	any	DET
fbem-22230	19	63	problems	problem	NOUN
fbem-22230	19	64	with	with	ADP
fbem-22230	19	65	the	the	DET
fbem-22230	19	66	company	company	NOUN
fbem-22230	19	67	's	's	PART
fbem-22230	19	68	financial	financial	ADJ
fbem-22230	19	69	performance	performance	NOUN
fbem-22230	19	70	and	and	CCONJ
fbem-22230	19	71	operation	operation	NOUN
fbem-22230	19	72	.	.	PUNCT
fbem-22230	20	1	according	accord	VERB
fbem-22230	20	2	to	to	ADP
fbem-22230	20	3	the	the	DET
fbem-22230	20	4	provisions	provision	NOUN
fbem-22230	20	5	in	in	ADP
fbem-22230	20	6	the	the	DET
fbem-22230	20	7	interim	interim	ADJ
fbem-22230	20	8	measures	measure	NOUN
fbem-22230	20	9	for	for	ADP
fbem-22230	20	10	performance	performance	NOUN
fbem-22230	20	11	evaluation	evaluation	NOUN
fbem-22230	20	12	of	of	ADP
fbem-22230	20	13	central	central	ADJ
fbem-22230	20	14	enterprises	enterprise	NOUN
fbem-22230	20	15	of	of	ADP
fbem-22230	20	16	the	the	DET
fbem-22230	20	17	state	state	NOUN
fbem-22230	20	18	-	-	PUNCT
fbem-22230	20	19	owned	own	VERB
fbem-22230	20	20	assets	asset	NOUN
fbem-22230	20	21	supervision	supervision	NOUN
fbem-22230	20	22	and	and	CCONJ
fbem-22230	20	23	administration	administration	PROPN
fbem-22230	20	24	commission	commission	PROPN
fbem-22230	20	25	of	of	ADP
fbem-22230	20	26	the	the	DET
fbem-22230	20	27	people	people	NOUN
fbem-22230	20	28	's	's	PART
fbem-22230	20	29	republic	republic	NOUN
fbem-22230	20	30	of	of	ADP
fbem-22230	20	31	china	china	PROPN
fbem-22230	20	32	(	(	PUNCT
fbem-22230	20	33	sasac	sasac	NOUN
fbem-22230	20	34	)	)	PUNCT
fbem-22230	20	35	in	in	ADP
fbem-22230	20	36	2006	2006	NUM
fbem-22230	20	37	,	,	PUNCT
fbem-22230	20	38	the	the	DET
fbem-22230	20	39	evaluation	evaluation	NOUN
fbem-22230	20	40	of	of	ADP
fbem-22230	20	41	financial	financial	ADJ
fbem-22230	20	42	performance	performance	NOUN
fbem-22230	20	43	should	should	AUX
fbem-22230	20	44	include	include	VERB
fbem-22230	20	45	four	four	NUM
fbem-22230	20	46	aspects	aspect	NOUN
fbem-22230	20	47	,	,	PUNCT
fbem-22230	20	48	namely	namely	ADV
fbem-22230	20	49	,	,	PUNCT
fbem-22230	20	50	profitability	profitability	NOUN
fbem-22230	20	51	,	,	PUNCT
fbem-22230	20	52	asset	asset	NOUN
fbem-22230	20	53	quality	quality	NOUN
fbem-22230	20	54	,	,	PUNCT
fbem-22230	20	55	solvency	solvency	NOUN
fbem-22230	20	56	and	and	CCONJ
fbem-22230	20	57	growth	growth	NOUN
fbem-22230	20	58	capacity	capacity	NOUN
fbem-22230	20	59	,	,	PUNCT
fbem-22230	20	60	and	and	CCONJ
fbem-22230	20	61	the	the	DET
fbem-22230	20	62	weights	weight	NOUN
fbem-22230	20	63	of	of	ADP
fbem-22230	20	64	each	each	DET
fbem-22230	20	65	evaluation	evaluation	NOUN
fbem-22230	20	66	index	index	NOUN
fbem-22230	20	67	should	should	AUX
fbem-22230	20	68	be	be	AUX
fbem-22230	20	69	set	set	VERB
fbem-22230	20	70	.	.	PUNCT
fbem-22230	21	1	this	this	DET
fbem-22230	21	2	paper	paper	NOUN
fbem-22230	21	3	starts	start	VERB
fbem-22230	21	4	from	from	ADP
fbem-22230	21	5	the	the	DET
fbem-22230	21	6	four	four	NUM
fbem-22230	21	7	aspects	aspect	NOUN
fbem-22230	21	8	mentioned	mention	VERB
fbem-22230	21	9	above	above	ADV
fbem-22230	21	10	to	to	PART
fbem-22230	21	11	make	make	VERB
fbem-22230	21	12	a	a	DET
fbem-22230	21	13	comparative	comparative	ADJ
fbem-22230	21	14	analysis	analysis	NOUN
fbem-22230	21	15	of	of	ADP
fbem-22230	21	16	the	the	DET
fbem-22230	21	17	performance	performance	NOUN
fbem-22230	21	18	of	of	ADP
fbem-22230	21	19	bl	bl	PROPN
fbem-22230	21	20	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	21	21	before	before	ADV
fbem-22230	21	22	and	and	CCONJ
fbem-22230	21	23	after	after	ADP
fbem-22230	21	24	the	the	DET
fbem-22230	21	25	implementation	implementation	NOUN
fbem-22230	21	26	of	of	ADP
fbem-22230	21	27	the	the	DET
fbem-22230	21	28	equity	equity	NOUN
fbem-22230	21	29	incentive	incentive	PROPN
fbem-22230	21	30	plan	plan	NOUN
fbem-22230	21	31	,	,	PUNCT
fbem-22230	21	32	from	from	ADP
fbem-22230	21	33	which	which	PRON
fbem-22230	21	34	it	it	PRON
fbem-22230	21	35	analyzes	analyze	VERB
fbem-22230	21	36	and	and	CCONJ
fbem-22230	21	37	determines	determine	VERB
fbem-22230	21	38	the	the	DET
fbem-22230	21	39	improvements	improvement	NOUN
fbem-22230	21	40	and	and	CCONJ
fbem-22230	21	41	shortcomings	shortcoming	NOUN
fbem-22230	21	42	of	of	ADP
fbem-22230	21	43	bl	bl	PROPN
fbem-22230	21	44	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	21	45	in	in	ADP
fbem-22230	21	46	terms	term	NOUN
fbem-22230	21	47	of	of	ADP
fbem-22230	21	48	business	business	NOUN
fbem-22230	21	49	performance	performance	NOUN
fbem-22230	21	50	after	after	ADP
fbem-22230	21	51	the	the	DET
fbem-22230	21	52	implementation	implementation	NOUN
fbem-22230	21	53	of	of	ADP
fbem-22230	21	54	the	the	DET
fbem-22230	21	55	plan	plan	NOUN
fbem-22230	21	56	[	[	X
fbem-22230	21	57	3	3	NUM
fbem-22230	21	58	]	]	PUNCT
fbem-22230	21	59	.	.	PUNCT
fbem-22230	22	1	69	69	NUM
fbem-22230	22	2	2	2	NUM
fbem-22230	22	3	.	.	PUNCT
fbem-22230	22	4	analysis	analysis	NOUN
fbem-22230	22	5	of	of	ADP
fbem-22230	22	6	changes	change	NOUN
fbem-22230	22	7	in	in	ADP
fbem-22230	22	8	financial	financial	ADJ
fbem-22230	22	9	performance	performance	NOUN
fbem-22230	22	10	of	of	ADP
fbem-22230	22	11	bl	bl	PROPN
fbem-22230	22	12	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	22	13	before	before	ADV
fbem-22230	22	14	and	and	CCONJ
fbem-22230	22	15	after	after	ADP
fbem-22230	22	16	the	the	DET
fbem-22230	22	17	stock	stock	NOUN
fbem-22230	22	18	incentive	incentive	NOUN
fbem-22230	22	19	plan	plan	NOUN
fbem-22230	22	20	2.1	2.1	NUM
fbem-22230	22	21	.	.	PUNCT
fbem-22230	23	1	introduction	introduction	NOUN
fbem-22230	23	2	to	to	PART
fbem-22230	23	3	bl	bl	VERB
fbem-22230	23	4	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	23	5	beijing	beijing	PROPN
fbem-22230	23	6	bl	bl	PROPN
fbem-22230	23	7	pharmaceutical	pharmaceutical	PROPN
fbem-22230	23	8	co.	co.	PROPN
fbem-22230	23	9	,	,	PUNCT
fbem-22230	23	10	ltd	ltd	PROPN
fbem-22230	23	11	.	.	PROPN
fbem-22230	23	12	was	be	AUX
fbem-22230	23	13	founded	found	VERB
fbem-22230	23	14	in	in	ADP
fbem-22230	23	15	september	september	PROPN
fbem-22230	23	16	1992	1992	NUM
fbem-22230	23	17	.	.	PUNCT
fbem-22230	24	1	the	the	DET
fbem-22230	24	2	company	company	NOUN
fbem-22230	24	3	is	be	AUX
fbem-22230	24	4	mainly	mainly	ADV
fbem-22230	24	5	engaged	engage	VERB
fbem-22230	24	6	in	in	ADP
fbem-22230	24	7	the	the	DET
fbem-22230	24	8	research	research	NOUN
fbem-22230	24	9	and	and	CCONJ
fbem-22230	24	10	development	development	NOUN
fbem-22230	24	11	,	,	PUNCT
fbem-22230	24	12	production	production	NOUN
fbem-22230	24	13	and	and	CCONJ
fbem-22230	24	14	sales	sale	NOUN
fbem-22230	24	15	of	of	ADP
fbem-22230	24	16	pharmaceutical	pharmaceutical	NOUN
fbem-22230	24	17	products	product	NOUN
fbem-22230	24	18	,	,	PUNCT
fbem-22230	24	19	and	and	CCONJ
fbem-22230	24	20	is	be	AUX
fbem-22230	24	21	a	a	DET
fbem-22230	24	22	national	national	ADJ
fbem-22230	24	23	high	high	ADJ
fbem-22230	24	24	-	-	PUNCT
fbem-22230	24	25	tech	tech	NOUN
fbem-22230	24	26	enterprise	enterprise	NOUN
fbem-22230	24	27	and	and	CCONJ
fbem-22230	24	28	one	one	NUM
fbem-22230	24	29	of	of	ADP
fbem-22230	24	30	the	the	DET
fbem-22230	24	31	first	first	ADJ
fbem-22230	24	32	batch	batch	NOUN
fbem-22230	24	33	of	of	ADP
fbem-22230	24	34	listed	list	VERB
fbem-22230	24	35	enterprises	enterprise	NOUN
fbem-22230	24	36	on	on	ADP
fbem-22230	24	37	the	the	DET
fbem-22230	24	38	gem	gem	NOUN
fbem-22230	24	39	board	board	NOUN
fbem-22230	24	40	.	.	PUNCT
fbem-22230	25	1	the	the	DET
fbem-22230	25	2	company	company	NOUN
fbem-22230	25	3	developed	develop	VERB
fbem-22230	25	4	and	and	CCONJ
fbem-22230	25	5	launched	launch	VERB
fbem-22230	25	6	contrast	contrast	NOUN
fbem-22230	25	7	agent	agent	NOUN
fbem-22230	25	8	products	product	NOUN
fbem-22230	25	9	at	at	ADP
fbem-22230	25	10	an	an	DET
fbem-22230	25	11	early	early	ADJ
fbem-22230	25	12	stage	stage	NOUN
fbem-22230	25	13	in	in	ADP
fbem-22230	25	14	china	china	PROPN
fbem-22230	25	15	.	.	PUNCT
fbem-22230	26	1	after	after	ADP
fbem-22230	26	2	more	more	ADJ
fbem-22230	26	3	than	than	ADP
fbem-22230	26	4	20	20	NUM
fbem-22230	26	5	years	year	NOUN
fbem-22230	26	6	of	of	ADP
fbem-22230	26	7	industry	industry	NOUN
fbem-22230	26	8	exploration	exploration	NOUN
fbem-22230	26	9	and	and	CCONJ
fbem-22230	26	10	professional	professional	ADJ
fbem-22230	26	11	accumulation	accumulation	NOUN
fbem-22230	26	12	,	,	PUNCT
fbem-22230	26	13	the	the	DET
fbem-22230	26	14	company	company	NOUN
fbem-22230	26	15	has	have	AUX
fbem-22230	26	16	formed	form	VERB
fbem-22230	26	17	unique	unique	ADJ
fbem-22230	26	18	core	core	NOUN
fbem-22230	26	19	competitive	competitive	ADJ
fbem-22230	26	20	advantages	advantage	NOUN
fbem-22230	26	21	in	in	ADP
fbem-22230	26	22	this	this	DET
fbem-22230	26	23	field	field	NOUN
fbem-22230	26	24	,	,	PUNCT
fbem-22230	26	25	and	and	CCONJ
fbem-22230	26	26	is	be	AUX
fbem-22230	26	27	the	the	DET
fbem-22230	26	28	leading	lead	VERB
fbem-22230	26	29	enterprise	enterprise	NOUN
fbem-22230	26	30	in	in	ADP
fbem-22230	26	31	the	the	DET
fbem-22230	26	32	contrast	contrast	NOUN
fbem-22230	26	33	agent	agent	NOUN
fbem-22230	26	34	industry	industry	NOUN
fbem-22230	26	35	in	in	ADP
fbem-22230	26	36	china	china	PROPN
fbem-22230	26	37	.	.	PUNCT
fbem-22230	27	1	the	the	DET
fbem-22230	27	2	company	company	NOUN
fbem-22230	27	3	has	have	AUX
fbem-22230	27	4	also	also	ADV
fbem-22230	27	5	increased	increase	VERB
fbem-22230	27	6	its	its	PRON
fbem-22230	27	7	r&d	r&d	NOUN
fbem-22230	27	8	efforts	effort	NOUN
fbem-22230	27	9	in	in	ADP
fbem-22230	27	10	the	the	DET
fbem-22230	27	11	fields	field	NOUN
fbem-22230	27	12	of	of	ADP
fbem-22230	27	13	central	central	ADJ
fbem-22230	27	14	nervous	nervous	ADJ
fbem-22230	27	15	system	system	NOUN
fbem-22230	27	16	and	and	CCONJ
fbem-22230	27	17	endocrine	endocrine	NOUN
fbem-22230	27	18	drugs	drug	NOUN
fbem-22230	27	19	,	,	PUNCT
fbem-22230	27	20	striving	strive	VERB
fbem-22230	27	21	to	to	PART
fbem-22230	27	22	realize	realize	VERB
fbem-22230	27	23	product	product	NOUN
fbem-22230	27	24	diversification	diversification	NOUN
fbem-22230	27	25	.	.	PUNCT
fbem-22230	28	1	in	in	ADP
fbem-22230	28	2	september	september	PROPN
fbem-22230	28	3	2019	2019	NUM
fbem-22230	28	4	,	,	PUNCT
fbem-22230	28	5	the	the	DET
fbem-22230	28	6	company	company	NOUN
fbem-22230	28	7	formally	formally	ADV
fbem-22230	28	8	released	release	VERB
fbem-22230	28	9	the	the	DET
fbem-22230	28	10	2019	2019	NUM
fbem-22230	28	11	restricted	restrict	VERB
fbem-22230	28	12	stock	stock	NOUN
fbem-22230	28	13	incentive	incentive	NOUN
fbem-22230	28	14	plan	plan	NOUN
fbem-22230	28	15	(	(	PUNCT
fbem-22230	28	16	draft	draft	NOUN
fbem-22230	28	17	)	)	PUNCT
fbem-22230	28	18	,	,	PUNCT
fbem-22230	28	19	which	which	PRON
fbem-22230	28	20	intends	intend	VERB
fbem-22230	28	21	to	to	PART
fbem-22230	28	22	grant	grant	VERB
fbem-22230	28	23	restricted	restricted	ADJ
fbem-22230	28	24	shares	share	NOUN
fbem-22230	28	25	to	to	ADP
fbem-22230	28	26	a	a	DET
fbem-22230	28	27	total	total	NOUN
fbem-22230	28	28	of	of	ADP
fbem-22230	28	29	44	44	NUM
fbem-22230	28	30	directors	director	NOUN
fbem-22230	28	31	,	,	PUNCT
fbem-22230	28	32	senior	senior	ADJ
fbem-22230	28	33	management	management	NOUN
fbem-22230	28	34	,	,	PUNCT
fbem-22230	28	35	middle	middle	ADJ
fbem-22230	28	36	management	management	NOUN
fbem-22230	28	37	and	and	CCONJ
fbem-22230	28	38	the	the	DET
fbem-22230	28	39	company	company	NOUN
fbem-22230	28	40	's	's	PART
fbem-22230	28	41	core	core	NOUN
fbem-22230	28	42	technical	technical	ADJ
fbem-22230	28	43	(	(	PUNCT
fbem-22230	28	44	business	business	NOUN
fbem-22230	28	45	)	)	PUNCT
fbem-22230	28	46	personnel	personnel	NOUN
fbem-22230	28	47	who	who	PRON
fbem-22230	28	48	have	have	VERB
fbem-22230	28	49	a	a	DET
fbem-22230	28	50	direct	direct	ADJ
fbem-22230	28	51	impact	impact	NOUN
fbem-22230	28	52	on	on	ADP
fbem-22230	28	53	the	the	DET
fbem-22230	28	54	company	company	NOUN
fbem-22230	28	55	's	's	PART
fbem-22230	28	56	operating	operating	NOUN
fbem-22230	28	57	performance	performance	NOUN
fbem-22230	28	58	and	and	CCONJ
fbem-22230	28	59	future	future	ADJ
fbem-22230	28	60	development	development	NOUN
fbem-22230	28	61	,	,	PUNCT
fbem-22230	28	62	involving	involve	VERB
fbem-22230	28	63	5.7	5.7	NUM
fbem-22230	28	64	million	million	NUM
fbem-22230	28	65	shares	share	NOUN
fbem-22230	28	66	,	,	PUNCT
fbem-22230	28	67	accounting	account	VERB
fbem-22230	28	68	for	for	ADP
fbem-22230	28	69	1.166	1.166	NUM
fbem-22230	28	70	%	%	NOUN
fbem-22230	28	71	of	of	ADP
fbem-22230	28	72	the	the	DET
fbem-22230	28	73	company	company	NOUN
fbem-22230	28	74	's	's	PART
fbem-22230	28	75	total	total	ADJ
fbem-22230	28	76	share	share	NOUN
fbem-22230	28	77	capital	capital	NOUN
fbem-22230	28	78	.	.	PUNCT
fbem-22230	29	1	the	the	DET
fbem-22230	29	2	restricted	restrict	VERB
fbem-22230	29	3	shares	share	NOUN
fbem-22230	29	4	to	to	PART
fbem-22230	29	5	be	be	AUX
fbem-22230	29	6	granted	grant	VERB
fbem-22230	29	7	under	under	ADP
fbem-22230	29	8	this	this	DET
fbem-22230	29	9	incentive	incentive	NOUN
fbem-22230	29	10	program	program	NOUN
fbem-22230	29	11	will	will	AUX
fbem-22230	29	12	be	be	AUX
fbem-22230	29	13	unlocked	unlock	VERB
fbem-22230	29	14	in	in	ADP
fbem-22230	29	15	three	three	NUM
fbem-22230	29	16	phases	phase	NOUN
fbem-22230	29	17	,	,	PUNCT
fbem-22230	29	18	and	and	CCONJ
fbem-22230	29	19	the	the	DET
fbem-22230	29	20	assessment	assessment	NOUN
fbem-22230	29	21	years	year	NOUN
fbem-22230	29	22	for	for	ADP
fbem-22230	29	23	the	the	DET
fbem-22230	29	24	release	release	NOUN
fbem-22230	29	25	of	of	ADP
fbem-22230	29	26	restricted	restricted	ADJ
fbem-22230	29	27	shares	share	NOUN
fbem-22230	29	28	will	will	AUX
fbem-22230	29	29	be	be	AUX
fbem-22230	29	30	2019	2019	NUM
fbem-22230	29	31	,	,	PUNCT
fbem-22230	29	32	2020	2020	NUM
fbem-22230	29	33	and	and	CCONJ
fbem-22230	29	34	2021	2021	NUM
fbem-22230	29	35	,	,	PUNCT
fbem-22230	29	36	and	and	CCONJ
fbem-22230	29	37	the	the	DET
fbem-22230	29	38	assessment	assessment	NOUN
fbem-22230	29	39	indexes	index	NOUN
fbem-22230	29	40	contain	contain	VERB
fbem-22230	29	41	two	two	NUM
fbem-22230	29	42	parts	part	NOUN
fbem-22230	29	43	,	,	PUNCT
fbem-22230	29	44	namely	namely	ADV
fbem-22230	29	45	,	,	PUNCT
fbem-22230	29	46	the	the	DET
fbem-22230	29	47	company	company	NOUN
fbem-22230	29	48	's	's	PART
fbem-22230	29	49	performance	performance	NOUN
fbem-22230	29	50	indexes	index	NOUN
fbem-22230	29	51	and	and	CCONJ
fbem-22230	29	52	personal	personal	ADJ
fbem-22230	29	53	indexes	index	NOUN
fbem-22230	29	54	.	.	PUNCT
fbem-22230	30	1	along	along	ADP
fbem-22230	30	2	with	with	ADP
fbem-22230	30	3	the	the	DET
fbem-22230	30	4	implementation	implementation	NOUN
fbem-22230	30	5	of	of	ADP
fbem-22230	30	6	the	the	DET
fbem-22230	30	7	incentive	incentive	NOUN
fbem-22230	30	8	program	program	NOUN
fbem-22230	30	9	,	,	PUNCT
fbem-22230	30	10	the	the	DET
fbem-22230	30	11	company	company	NOUN
fbem-22230	30	12	adheres	adhere	VERB
fbem-22230	30	13	to	to	ADP
fbem-22230	30	14	the	the	DET
fbem-22230	30	15	development	development	NOUN
fbem-22230	30	16	concept	concept	NOUN
fbem-22230	30	17	of	of	ADP
fbem-22230	30	18	“	"	PUNCT
fbem-22230	30	19	focusing	focus	VERB
fbem-22230	30	20	on	on	ADP
fbem-22230	30	21	talent	talent	NOUN
fbem-22230	30	22	,	,	PUNCT
fbem-22230	30	23	people	people	NOUN
fbem-22230	30	24	-	-	PUNCT
fbem-22230	30	25	oriented	orient	VERB
fbem-22230	30	26	”	"	PUNCT
fbem-22230	30	27	,	,	PUNCT
fbem-22230	30	28	and	and	CCONJ
fbem-22230	30	29	continuously	continuously	ADV
fbem-22230	30	30	improves	improve	VERB
fbem-22230	30	31	the	the	DET
fbem-22230	30	32	company	company	NOUN
fbem-22230	30	33	's	's	PART
fbem-22230	30	34	core	core	NOUN
fbem-22230	30	35	competitiveness	competitiveness	NOUN
fbem-22230	30	36	,	,	PUNCT
fbem-22230	30	37	and	and	CCONJ
fbem-22230	30	38	promotes	promote	VERB
fbem-22230	30	39	the	the	DET
fbem-22230	30	40	realization	realization	NOUN
fbem-22230	30	41	of	of	ADP
fbem-22230	30	42	the	the	DET
fbem-22230	30	43	company	company	NOUN
fbem-22230	30	44	's	's	PART
fbem-22230	30	45	long	long	ADJ
fbem-22230	30	46	-	-	PUNCT
fbem-22230	30	47	term	term	NOUN
fbem-22230	30	48	strategic	strategic	ADJ
fbem-22230	30	49	objectives	objective	NOUN
fbem-22230	30	50	.	.	PUNCT
fbem-22230	31	1	2.2	2.2	NUM
fbem-22230	31	2	.	.	PUNCT
fbem-22230	31	3	comparative	comparative	ADJ
fbem-22230	31	4	analysis	analysis	NOUN
fbem-22230	31	5	of	of	ADP
fbem-22230	31	6	bl	bl	PROPN
fbem-22230	31	7	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	31	8	'	'	PART
fbem-22230	31	9	profitability	profitability	NOUN
fbem-22230	31	10	before	before	ADP
fbem-22230	31	11	and	and	CCONJ
fbem-22230	31	12	after	after	ADP
fbem-22230	31	13	the	the	DET
fbem-22230	31	14	stock	stock	NOUN
fbem-22230	31	15	incentive	incentive	NOUN
fbem-22230	31	16	plan	plan	NOUN
fbem-22230	31	17	2.2.1	2.2.1	NUM
fbem-22230	31	18	.	.	PUNCT
fbem-22230	31	19	profitability	profitability	NOUN
fbem-22230	31	20	indicator	indicator	NOUN
fbem-22230	31	21	selection	selection	NOUN
fbem-22230	31	22	profitability	profitability	NOUN
fbem-22230	31	23	of	of	ADP
fbem-22230	31	24	listed	list	VERB
fbem-22230	31	25	companies	company	NOUN
fbem-22230	31	26	is	be	AUX
fbem-22230	31	27	a	a	DET
fbem-22230	31	28	central	central	ADJ
fbem-22230	31	29	concern	concern	NOUN
fbem-22230	31	30	of	of	ADP
fbem-22230	31	31	investors	investor	NOUN
fbem-22230	31	32	.	.	PUNCT
fbem-22230	32	1	this	this	DET
fbem-22230	32	2	paper	paper	NOUN
fbem-22230	32	3	selects	select	VERB
fbem-22230	32	4	three	three	NUM
fbem-22230	32	5	indicators	indicator	NOUN
fbem-22230	32	6	to	to	PART
fbem-22230	32	7	measure	measure	VERB
fbem-22230	32	8	the	the	DET
fbem-22230	32	9	profitability	profitability	NOUN
fbem-22230	32	10	of	of	ADP
fbem-22230	32	11	bl	bl	PROPN
fbem-22230	32	12	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	32	13	based	base	VERB
fbem-22230	32	14	on	on	ADP
fbem-22230	32	15	literature	literature	NOUN
fbem-22230	32	16	reading.[4]they	reading.[4]they	PRON
fbem-22230	32	17	are	be	AUX
fbem-22230	32	18	:	:	PUNCT
fbem-22230	32	19	the	the	DET
fbem-22230	32	20	indicator	indicator	NOUN
fbem-22230	32	21	of	of	ADP
fbem-22230	32	22	total	total	ADJ
fbem-22230	32	23	return	return	NOUN
fbem-22230	32	24	on	on	ADP
fbem-22230	32	25	assets	asset	NOUN
fbem-22230	32	26	(	(	PUNCT
fbem-22230	32	27	roa	roa	NOUN
fbem-22230	32	28	)	)	PUNCT
fbem-22230	32	29	,	,	PUNCT
fbem-22230	32	30	which	which	PRON
fbem-22230	32	31	reflects	reflect	VERB
fbem-22230	32	32	the	the	DET
fbem-22230	32	33	overall	overall	ADJ
fbem-22230	32	34	profitability	profitability	NOUN
fbem-22230	32	35	of	of	ADP
fbem-22230	32	36	the	the	DET
fbem-22230	32	37	enterprise	enterprise	NOUN
fbem-22230	32	38	and	and	CCONJ
fbem-22230	32	39	evaluates	evaluate	VERB
fbem-22230	32	40	the	the	DET
fbem-22230	32	41	operation	operation	NOUN
fbem-22230	32	42	of	of	ADP
fbem-22230	32	43	assets	asset	NOUN
fbem-22230	32	44	,	,	PUNCT
fbem-22230	32	45	the	the	DET
fbem-22230	32	46	indicator	indicator	NOUN
fbem-22230	32	47	of	of	ADP
fbem-22230	32	48	return	return	NOUN
fbem-22230	32	49	on	on	ADP
fbem-22230	32	50	equity	equity	NOUN
fbem-22230	32	51	(	(	PUNCT
fbem-22230	32	52	roe	roe	PROPN
fbem-22230	32	53	)	)	PUNCT
fbem-22230	32	54	,	,	PUNCT
fbem-22230	32	55	which	which	PRON
fbem-22230	32	56	measures	measure	VERB
fbem-22230	32	57	the	the	DET
fbem-22230	32	58	efficiency	efficiency	NOUN
fbem-22230	32	59	of	of	ADP
fbem-22230	32	60	the	the	DET
fbem-22230	32	61	enterprise	enterprise	NOUN
fbem-22230	32	62	's	's	PART
fbem-22230	32	63	utilization	utilization	NOUN
fbem-22230	32	64	of	of	ADP
fbem-22230	32	65	the	the	DET
fbem-22230	32	66	capital	capital	NOUN
fbem-22230	32	67	invested	invest	VERB
fbem-22230	32	68	by	by	ADP
fbem-22230	32	69	shareholders	shareholder	NOUN
fbem-22230	32	70	,	,	PUNCT
fbem-22230	32	71	and	and	CCONJ
fbem-22230	32	72	the	the	DET
fbem-22230	32	73	indicator	indicator	NOUN
fbem-22230	32	74	of	of	ADP
fbem-22230	32	75	profitability	profitability	NOUN
fbem-22230	32	76	of	of	ADP
fbem-22230	32	77	the	the	DET
fbem-22230	32	78	enterprise	enterprise	NOUN
fbem-22230	32	79	's	's	PART
fbem-22230	32	80	products	product	NOUN
fbem-22230	32	81	and	and	CCONJ
fbem-22230	32	82	the	the	DET
fbem-22230	32	83	enterprise	enterprise	NOUN
fbem-22230	32	84	's	's	PART
fbem-22230	32	85	potential	potential	NOUN
fbem-22230	32	86	for	for	ADP
fbem-22230	32	87	development	development	NOUN
fbem-22230	32	88	,	,	PUNCT
fbem-22230	32	89	and	and	CCONJ
fbem-22230	32	90	the	the	DET
fbem-22230	32	91	profitability	profitability	NOUN
fbem-22230	32	92	of	of	ADP
fbem-22230	32	93	the	the	DET
fbem-22230	32	94	main	main	ADJ
fbem-22230	32	95	business	business	NOUN
fbem-22230	32	96	,	,	PUNCT
fbem-22230	32	97	which	which	PRON
fbem-22230	32	98	is	be	AUX
fbem-22230	32	99	a	a	DET
fbem-22230	32	100	three	three	NUM
fbem-22230	32	101	-	-	PUNCT
fbem-22230	32	102	index	index	NOUN
fbem-22230	32	103	indicator	indicator	NOUN
fbem-22230	32	104	.	.	PUNCT
fbem-22230	33	1	2.2.2	2.2.2	NUM
fbem-22230	33	2	.	.	PUNCT
fbem-22230	33	3	trend	trend	NOUN
fbem-22230	33	4	and	and	CCONJ
fbem-22230	33	5	analysis	analysis	NOUN
fbem-22230	33	6	of	of	ADP
fbem-22230	33	7	changes	change	NOUN
fbem-22230	33	8	in	in	ADP
fbem-22230	33	9	profitability	profitability	NOUN
fbem-22230	33	10	of	of	ADP
fbem-22230	33	11	bl	bl	PROPN
fbem-22230	33	12	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	33	13	before	before	ADV
fbem-22230	33	14	and	and	CCONJ
fbem-22230	33	15	after	after	SCONJ
fbem-22230	33	16	the	the	DET
fbem-22230	33	17	stock	stock	NOUN
fbem-22230	33	18	incentive	incentive	NOUN
fbem-22230	33	19	plan	plan	NOUN
fbem-22230	33	20	based	base	VERB
fbem-22230	33	21	on	on	ADP
fbem-22230	33	22	the	the	DET
fbem-22230	33	23	selected	select	VERB
fbem-22230	33	24	indicators	indicator	NOUN
fbem-22230	33	25	reflecting	reflect	VERB
fbem-22230	33	26	profitability	profitability	NOUN
fbem-22230	33	27	and	and	CCONJ
fbem-22230	33	28	the	the	DET
fbem-22230	33	29	publicly	publicly	ADV
fbem-22230	33	30	disclosed	disclose	VERB
fbem-22230	33	31	financial	financial	ADJ
fbem-22230	33	32	statements	statement	NOUN
fbem-22230	33	33	of	of	ADP
fbem-22230	33	34	bl	bl	PROPN
fbem-22230	33	35	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	33	36	limited	limit	VERB
fbem-22230	33	37	,	,	PUNCT
fbem-22230	33	38	the	the	DET
fbem-22230	33	39	changes	change	NOUN
fbem-22230	33	40	in	in	ADP
fbem-22230	33	41	profitability	profitability	NOUN
fbem-22230	33	42	indicators	indicator	NOUN
fbem-22230	33	43	before	before	ADP
fbem-22230	33	44	and	and	CCONJ
fbem-22230	33	45	after	after	ADP
fbem-22230	33	46	the	the	DET
fbem-22230	33	47	listing	listing	NOUN
fbem-22230	33	48	of	of	ADP
fbem-22230	33	49	the	the	DET
fbem-22230	33	50	bl	bl	PROPN
fbem-22230	33	51	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	33	52	stock	stock	NOUN
fbem-22230	33	53	incentive	incentive	NOUN
fbem-22230	33	54	plan	plan	NOUN
fbem-22230	33	55	are	be	AUX
fbem-22230	33	56	shown	show	VERB
fbem-22230	33	57	in	in	ADP
fbem-22230	33	58	table	table	NOUN
fbem-22230	33	59	1	1	NUM
fbem-22230	33	60	.	.	PUNCT
fbem-22230	33	61	table	table	NOUN
fbem-22230	33	62	1	1	NUM
fbem-22230	33	63	.	.	PUNCT
fbem-22230	33	64	comparative	comparative	ADJ
fbem-22230	33	65	indicators	indicator	NOUN
fbem-22230	33	66	of	of	ADP
fbem-22230	33	67	bl	bl	PROPN
fbem-22230	33	68	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	33	69	'	'	PART
fbem-22230	33	70	profitability	profitability	NOUN
fbem-22230	33	71	before	before	ADP
fbem-22230	33	72	and	and	CCONJ
fbem-22230	33	73	after	after	ADP
fbem-22230	33	74	the	the	DET
fbem-22230	33	75	implementation	implementation	NOUN
fbem-22230	33	76	of	of	ADP
fbem-22230	33	77	the	the	DET
fbem-22230	33	78	stock	stock	NOUN
fbem-22230	33	79	incentive	incentive	NOUN
fbem-22230	33	80	plan	plan	NOUN
fbem-22230	33	81	year	year	NOUN
fbem-22230	33	82	/	/	SYM
fbem-22230	33	83	indicators	indicator	NOUN
fbem-22230	33	84	mbpr	mbpr	ADV
fbem-22230	33	85	rroe	rroe	PROPN
fbem-22230	33	86	roa	roa	PROPN
fbem-22230	33	87	2017	2017	NUM
fbem-22230	33	88	27.18	27.18	NUM
fbem-22230	33	89	%	%	NOUN
fbem-22230	33	90	12.30	12.30	NUM
fbem-22230	33	91	%	%	NOUN
fbem-22230	33	92	13.33	13.33	NUM
fbem-22230	33	93	%	%	NOUN
fbem-22230	33	94	2018	2018	NUM
fbem-22230	33	95	27.42	27.42	NUM
fbem-22230	33	96	%	%	NOUN
fbem-22230	33	97	13.02	13.02	NUM
fbem-22230	33	98	%	%	NOUN
fbem-22230	33	99	13.38	13.38	NUM
fbem-22230	33	100	%	%	NOUN
fbem-22230	33	101	2019	2019	NUM
fbem-22230	33	102	48.89	48.89	NUM
fbem-22230	33	103	%	%	NOUN
fbem-22230	33	104	25.96	25.96	NUM
fbem-22230	33	105	%	%	NOUN
fbem-22230	33	106	27.2	27.2	NUM
fbem-22230	33	107	%	%	NOUN
fbem-22230	33	108	2020	2020	NUM
fbem-22230	33	109	22.13	22.13	NUM
fbem-22230	33	110	%	%	NOUN
fbem-22230	33	111	11.49	11.49	NUM
fbem-22230	33	112	%	%	NOUN
fbem-22230	33	113	7.99	7.99	NUM
fbem-22230	33	114	%	%	NOUN
fbem-22230	33	115	2021	2021	NUM
fbem-22230	33	116	14.79	14.79	NUM
fbem-22230	33	117	%	%	NOUN
fbem-22230	33	118	7.00	7.00	NUM
fbem-22230	33	119	%	%	NOUN
fbem-22230	33	120	5.74	5.74	NUM
fbem-22230	33	121	%	%	NOUN
fbem-22230	33	122	2022	2022	NUM
fbem-22230	33	123	-1.73	-1.73	NOUN
fbem-22230	33	124	%	%	NOUN
fbem-22230	33	125	0.61	0.61	NUM
fbem-22230	33	126	%	%	NOUN
fbem-22230	33	127	1.15	1.15	NUM
fbem-22230	33	128	%	%	NOUN
fbem-22230	33	129	(	(	PUNCT
fbem-22230	33	130	1	1	NUM
fbem-22230	33	131	)	)	PUNCT
fbem-22230	33	132	in	in	ADP
fbem-22230	33	133	terms	term	NOUN
fbem-22230	33	134	of	of	ADP
fbem-22230	33	135	the	the	DET
fbem-22230	33	136	profitability	profitability	NOUN
fbem-22230	33	137	of	of	ADP
fbem-22230	33	138	main	main	ADJ
fbem-22230	33	139	business	business	NOUN
fbem-22230	33	140	,	,	PUNCT
fbem-22230	33	141	from	from	ADP
fbem-22230	33	142	2017	2017	NUM
fbem-22230	33	143	to	to	ADP
fbem-22230	33	144	2022	2022	NUM
fbem-22230	33	145	,	,	PUNCT
fbem-22230	33	146	the	the	DET
fbem-22230	33	147	profitability	profitability	NOUN
fbem-22230	33	148	of	of	ADP
fbem-22230	33	149	main	main	ADJ
fbem-22230	33	150	business	business	NOUN
fbem-22230	33	151	of	of	ADP
fbem-22230	33	152	bl	bl	PROPN
fbem-22230	33	153	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	33	154	shows	show	VERB
fbem-22230	33	155	a	a	DET
fbem-22230	33	156	trend	trend	NOUN
fbem-22230	33	157	of	of	ADP
fbem-22230	33	158	rising	rise	VERB
fbem-22230	33	159	and	and	CCONJ
fbem-22230	33	160	then	then	ADV
fbem-22230	33	161	falling	fall	VERB
fbem-22230	33	162	,	,	PUNCT
fbem-22230	33	163	and	and	CCONJ
fbem-22230	33	164	forms	form	VERB
fbem-22230	33	165	a	a	DET
fbem-22230	33	166	peak	peak	NOUN
fbem-22230	33	167	in	in	ADP
fbem-22230	33	168	2019	2019	NUM
fbem-22230	33	169	.	.	PUNCT
fbem-22230	34	1	it	it	PRON
fbem-22230	34	2	can	can	AUX
fbem-22230	34	3	be	be	AUX
fbem-22230	34	4	seen	see	VERB
fbem-22230	34	5	that	that	SCONJ
fbem-22230	34	6	the	the	DET
fbem-22230	34	7	implementation	implementation	NOUN
fbem-22230	34	8	of	of	ADP
fbem-22230	34	9	the	the	DET
fbem-22230	34	10	equity	equity	NOUN
fbem-22230	34	11	incentive	incentive	NOUN
fbem-22230	34	12	plan	plan	NOUN
fbem-22230	34	13	in	in	ADP
fbem-22230	34	14	the	the	DET
fbem-22230	34	15	year	year	NOUN
fbem-22230	34	16	has	have	VERB
fbem-22230	34	17	a	a	DET
fbem-22230	34	18	greater	great	ADJ
fbem-22230	34	19	impact	impact	NOUN
fbem-22230	34	20	on	on	ADP
fbem-22230	34	21	the	the	DET
fbem-22230	34	22	profitability	profitability	NOUN
fbem-22230	34	23	of	of	ADP
fbem-22230	34	24	bl	bl	PROPN
fbem-22230	34	25	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	34	26	'	'	PART
fbem-22230	34	27	main	main	ADJ
fbem-22230	34	28	business	business	NOUN
fbem-22230	34	29	,	,	PUNCT
fbem-22230	34	30	and	and	CCONJ
fbem-22230	34	31	after	after	ADP
fbem-22230	34	32	the	the	DET
fbem-22230	34	33	implementation	implementation	NOUN
fbem-22230	34	34	of	of	ADP
fbem-22230	34	35	equity	equity	NOUN
fbem-22230	34	36	incentives	incentive	NOUN
fbem-22230	34	37	,	,	PUNCT
fbem-22230	34	38	the	the	DET
fbem-22230	34	39	company	company	NOUN
fbem-22230	34	40	resumed	resume	VERB
fbem-22230	34	41	normal	normal	ADJ
fbem-22230	34	42	operations	operation	NOUN
fbem-22230	34	43	and	and	CCONJ
fbem-22230	34	44	adjusted	adjust	VERB
fbem-22230	34	45	its	its	PRON
fbem-22230	34	46	strategy	strategy	NOUN
fbem-22230	34	47	so	so	SCONJ
fbem-22230	34	48	that	that	SCONJ
fbem-22230	34	49	the	the	DET
fbem-22230	34	50	profitability	profitability	NOUN
fbem-22230	34	51	of	of	ADP
fbem-22230	34	52	the	the	DET
fbem-22230	34	53	main	main	ADJ
fbem-22230	34	54	business	business	NOUN
fbem-22230	34	55	returned	return	VERB
fbem-22230	34	56	to	to	ADP
fbem-22230	34	57	the	the	DET
fbem-22230	34	58	normal	normal	ADJ
fbem-22230	34	59	level	level	NOUN
fbem-22230	34	60	.	.	PUNCT
fbem-22230	35	1	the	the	DET
fbem-22230	35	2	downward	downward	ADJ
fbem-22230	35	3	trend	trend	NOUN
fbem-22230	35	4	in	in	ADP
fbem-22230	35	5	profitability	profitability	NOUN
fbem-22230	35	6	from	from	ADP
fbem-22230	35	7	main	main	ADJ
fbem-22230	35	8	operations	operation	NOUN
fbem-22230	35	9	from	from	ADP
fbem-22230	35	10	2020	2020	NUM
fbem-22230	35	11	to	to	ADP
fbem-22230	35	12	2022	2022	NUM
fbem-22230	35	13	is	be	AUX
fbem-22230	35	14	mainly	mainly	ADV
fbem-22230	35	15	due	due	ADJ
fbem-22230	35	16	to	to	ADP
fbem-22230	35	17	the	the	DET
fbem-22230	35	18	decline	decline	NOUN
fbem-22230	35	19	in	in	ADP
fbem-22230	35	20	operating	operate	VERB
fbem-22230	35	21	income	income	NOUN
fbem-22230	35	22	as	as	ADP
fbem-22230	35	23	a	a	DET
fbem-22230	35	24	result	result	NOUN
fbem-22230	35	25	of	of	ADP
fbem-22230	35	26	the	the	DET
fbem-22230	35	27	new	new	ADJ
fbem-22230	35	28	crown	crown	NOUN
fbem-22230	35	29	outbreak	outbreak	NOUN
fbem-22230	35	30	,	,	PUNCT
fbem-22230	35	31	which	which	PRON
fbem-22230	35	32	is	be	AUX
fbem-22230	35	33	a	a	DET
fbem-22230	35	34	public	public	ADJ
fbem-22230	35	35	health	health	NOUN
fbem-22230	35	36	event	event	NOUN
fbem-22230	35	37	and	and	CCONJ
fbem-22230	35	38	is	be	AUX
fbem-22230	35	39	not	not	PART
fbem-22230	35	40	related	relate	VERB
fbem-22230	35	41	to	to	ADP
fbem-22230	35	42	the	the	DET
fbem-22230	35	43	normal	normal	ADJ
fbem-22230	35	44	operating	operating	NOUN
fbem-22230	35	45	level	level	NOUN
fbem-22230	35	46	of	of	ADP
fbem-22230	35	47	bl	bl	PROPN
fbem-22230	35	48	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	35	49	.	.	PUNCT
fbem-22230	36	1	(	(	PUNCT
fbem-22230	36	2	2	2	X
fbem-22230	36	3	)	)	PUNCT
fbem-22230	36	4	as	as	ADV
fbem-22230	36	5	far	far	ADV
fbem-22230	36	6	as	as	SCONJ
fbem-22230	36	7	the	the	DET
fbem-22230	36	8	return	return	NOUN
fbem-22230	36	9	on	on	ADP
fbem-22230	36	10	net	net	ADJ
fbem-22230	36	11	assets	asset	NOUN
fbem-22230	36	12	is	be	AUX
fbem-22230	36	13	concerned	concern	VERB
fbem-22230	36	14	,	,	PUNCT
fbem-22230	36	15	from	from	ADP
fbem-22230	36	16	2017	2017	NUM
fbem-22230	36	17	to	to	ADP
fbem-22230	36	18	2022	2022	NUM
fbem-22230	36	19	,	,	PUNCT
fbem-22230	36	20	the	the	DET
fbem-22230	36	21	return	return	NOUN
fbem-22230	36	22	on	on	ADP
fbem-22230	36	23	net	net	ADJ
fbem-22230	36	24	assets	asset	NOUN
fbem-22230	36	25	shows	show	VERB
fbem-22230	36	26	the	the	DET
fbem-22230	36	27	same	same	ADJ
fbem-22230	36	28	fluctuation	fluctuation	NOUN
fbem-22230	36	29	trend	trend	NOUN
fbem-22230	36	30	as	as	ADP
fbem-22230	36	31	the	the	DET
fbem-22230	36	32	profit	profit	NOUN
fbem-22230	36	33	margin	margin	NOUN
fbem-22230	36	34	of	of	ADP
fbem-22230	36	35	main	main	ADJ
fbem-22230	36	36	business	business	NOUN
fbem-22230	36	37	.	.	PUNCT
fbem-22230	37	1	the	the	DET
fbem-22230	37	2	return	return	NOUN
fbem-22230	37	3	on	on	ADP
fbem-22230	37	4	net	net	ADJ
fbem-22230	37	5	assets	asset	NOUN
fbem-22230	37	6	in	in	ADP
fbem-22230	37	7	2017	2017	NUM
fbem-22230	37	8	was	be	AUX
fbem-22230	37	9	12.30	12.30	NUM
fbem-22230	37	10	%	%	NOUN
fbem-22230	37	11	,	,	PUNCT
fbem-22230	37	12	the	the	DET
fbem-22230	37	13	return	return	NOUN
fbem-22230	37	14	on	on	ADP
fbem-22230	37	15	net	net	ADJ
fbem-22230	37	16	assets	asset	NOUN
fbem-22230	37	17	in	in	ADP
fbem-22230	37	18	2018	2018	NUM
fbem-22230	37	19	was	be	AUX
fbem-22230	37	20	13.02	13.02	NUM
fbem-22230	37	21	%	%	NOUN
fbem-22230	37	22	,	,	PUNCT
fbem-22230	37	23	which	which	PRON
fbem-22230	37	24	remained	remain	VERB
fbem-22230	37	25	relatively	relatively	ADV
fbem-22230	37	26	around	around	ADP
fbem-22230	37	27	13	13	NUM
fbem-22230	37	28	%	%	NOUN
fbem-22230	37	29	,	,	PUNCT
fbem-22230	37	30	and	and	CCONJ
fbem-22230	37	31	the	the	DET
fbem-22230	37	32	return	return	NOUN
fbem-22230	37	33	on	on	ADP
fbem-22230	37	34	net	net	ADJ
fbem-22230	37	35	assets	asset	NOUN
fbem-22230	37	36	in	in	ADP
fbem-22230	37	37	2019	2019	NUM
fbem-22230	37	38	showed	show	VERB
fbem-22230	37	39	a	a	DET
fbem-22230	37	40	substantial	substantial	ADJ
fbem-22230	37	41	increase	increase	NOUN
fbem-22230	37	42	with	with	ADP
fbem-22230	37	43	a	a	DET
fbem-22230	37	44	return	return	NOUN
fbem-22230	37	45	on	on	ADP
fbem-22230	37	46	net	net	ADJ
fbem-22230	37	47	assets	asset	NOUN
fbem-22230	37	48	of	of	ADP
fbem-22230	37	49	25.96	25.96	NUM
fbem-22230	37	50	%	%	NOUN
fbem-22230	37	51	,	,	PUNCT
fbem-22230	37	52	which	which	PRON
fbem-22230	37	53	was	be	AUX
fbem-22230	37	54	explained	explain	VERB
fbem-22230	37	55	by	by	ADP
fbem-22230	37	56	the	the	DET
fbem-22230	37	57	implementation	implementation	NOUN
fbem-22230	37	58	of	of	ADP
fbem-22230	37	59	the	the	DET
fbem-22230	37	60	company	company	NOUN
fbem-22230	37	61	's	's	PART
fbem-22230	37	62	equity	equity	NOUN
fbem-22230	37	63	incentives	incentive	NOUN
fbem-22230	37	64	related	relate	VERB
fbem-22230	37	65	.	.	PUNCT
fbem-22230	38	1	(	(	PUNCT
fbem-22230	38	2	3	3	X
fbem-22230	38	3	)	)	PUNCT
fbem-22230	38	4	as	as	ADV
fbem-22230	38	5	far	far	ADV
fbem-22230	38	6	as	as	SCONJ
fbem-22230	38	7	the	the	DET
fbem-22230	38	8	compensation	compensation	NOUN
fbem-22230	38	9	rate	rate	NOUN
fbem-22230	38	10	of	of	ADP
fbem-22230	38	11	total	total	ADJ
fbem-22230	38	12	assets	asset	NOUN
fbem-22230	38	13	is	be	AUX
fbem-22230	38	14	concerned	concern	VERB
fbem-22230	38	15	,	,	PUNCT
fbem-22230	38	16	from	from	ADP
fbem-22230	38	17	2017	2017	NUM
fbem-22230	38	18	to	to	ADP
fbem-22230	38	19	2022	2022	NUM
fbem-22230	38	20	,	,	PUNCT
fbem-22230	38	21	the	the	DET
fbem-22230	38	22	compensation	compensation	NOUN
fbem-22230	38	23	rate	rate	NOUN
fbem-22230	38	24	of	of	ADP
fbem-22230	38	25	total	total	ADJ
fbem-22230	38	26	assets	asset	NOUN
fbem-22230	38	27	and	and	CCONJ
fbem-22230	38	28	with	with	ADP
fbem-22230	38	29	the	the	DET
fbem-22230	38	30	profit	profit	NOUN
fbem-22230	38	31	margin	margin	NOUN
fbem-22230	38	32	of	of	ADP
fbem-22230	38	33	main	main	ADJ
fbem-22230	38	34	business	business	NOUN
fbem-22230	38	35	also	also	ADV
fbem-22230	38	36	showed	show	VERB
fbem-22230	38	37	the	the	DET
fbem-22230	38	38	same	same	ADJ
fbem-22230	38	39	trend	trend	NOUN
fbem-22230	38	40	,	,	PUNCT
fbem-22230	38	41	with	with	ADP
fbem-22230	38	42	the	the	DET
fbem-22230	38	43	compensation	compensation	NOUN
fbem-22230	38	44	rate	rate	NOUN
fbem-22230	38	45	of	of	ADP
fbem-22230	38	46	13.33	13.33	NUM
fbem-22230	38	47	%	%	NOUN
fbem-22230	38	48	and	and	CCONJ
fbem-22230	38	49	13.38	13.38	NUM
fbem-22230	38	50	%	%	NOUN
fbem-22230	38	51	in	in	ADP
fbem-22230	38	52	2017	2017	NUM
fbem-22230	38	53	and	and	CCONJ
fbem-22230	38	54	2018	2018	NUM
fbem-22230	38	55	,	,	PUNCT
fbem-22230	38	56	respectively	respectively	ADV
fbem-22230	38	57	,	,	PUNCT
fbem-22230	38	58	which	which	PRON
fbem-22230	38	59	remained	remain	VERB
fbem-22230	38	60	at	at	ADP
fbem-22230	38	61	a	a	DET
fbem-22230	38	62	relatively	relatively	ADV
fbem-22230	38	63	stable	stable	ADJ
fbem-22230	38	64	level	level	NOUN
fbem-22230	38	65	,	,	PUNCT
fbem-22230	38	66	and	and	CCONJ
fbem-22230	38	67	the	the	DET
fbem-22230	38	68	compensation	compensation	NOUN
fbem-22230	38	69	rate	rate	NOUN
fbem-22230	38	70	of	of	ADP
fbem-22230	38	71	27.2	27.2	NUM
fbem-22230	38	72	%	%	NOUN
fbem-22230	38	73	in	in	ADP
fbem-22230	38	74	2019	2019	NUM
fbem-22230	38	75	,	,	PUNCT
fbem-22230	38	76	which	which	PRON
fbem-22230	38	77	increased	increase	VERB
fbem-22230	38	78	at	at	ADP
fbem-22230	38	79	a	a	DET
fbem-22230	38	80	faster	fast	ADJ
fbem-22230	38	81	rate	rate	NOUN
fbem-22230	38	82	,	,	PUNCT
fbem-22230	38	83	mainly	mainly	ADV
fbem-22230	38	84	due	due	ADP
fbem-22230	38	85	to	to	ADP
fbem-22230	38	86	the	the	DET
fbem-22230	38	87	implementation	implementation	NOUN
fbem-22230	38	88	of	of	ADP
fbem-22230	38	89	equity	equity	NOUN
fbem-22230	38	90	incentives	incentive	NOUN
fbem-22230	38	91	and	and	CCONJ
fbem-22230	38	92	the	the	DET
fbem-22230	38	93	equity	equity	NOUN
fbem-22230	38	94	of	of	ADP
fbem-22230	38	95	shihe	shihe	ADJ
fbem-22230	38	96	genetics	genetic	NOUN
fbem-22230	38	97	transferred	transfer	VERB
fbem-22230	38	98	from	from	ADP
fbem-22230	38	99	long	long	ADJ
fbem-22230	38	100	-	-	PUNCT
fbem-22230	38	101	term	term	NOUN
fbem-22230	38	102	equity	equity	NOUN
fbem-22230	38	103	investments	investment	NOUN
fbem-22230	38	104	to	to	ADP
fbem-22230	38	105	financial	financial	ADJ
fbem-22230	38	106	assets	asset	NOUN
fbem-22230	38	107	at	at	ADP
fbem-22230	38	108	fair	fair	ADJ
fbem-22230	38	109	value	value	NOUN
fbem-22230	38	110	through	through	ADP
fbem-22230	38	111	profit	profit	NOUN
fbem-22230	38	112	or	or	CCONJ
fbem-22230	38	113	loss	loss	NOUN
fbem-22230	38	114	.	.	PUNCT
fbem-22230	39	1	comparison	comparison	NOUN
fbem-22230	39	2	with	with	ADP
fbem-22230	39	3	the	the	DET
fbem-22230	39	4	average	average	ADJ
fbem-22230	39	5	level	level	NOUN
fbem-22230	39	6	of	of	ADP
fbem-22230	39	7	the	the	DET
fbem-22230	39	8	industry	industry	NOUN
fbem-22230	39	9	in	in	ADP
fbem-22230	39	10	the	the	DET
fbem-22230	39	11	same	same	ADJ
fbem-22230	39	12	period	period	NOUN
fbem-22230	39	13	found	find	VERB
fbem-22230	39	14	that	that	SCONJ
fbem-22230	39	15	bl	bl	PROPN
fbem-22230	39	16	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	39	17	after	after	ADP
fbem-22230	39	18	the	the	DET
fbem-22230	39	19	implementation	implementation	NOUN
fbem-22230	39	20	of	of	ADP
fbem-22230	39	21	equity	equity	NOUN
fbem-22230	39	22	incentives	incentive	NOUN
fbem-22230	39	23	,	,	PUNCT
fbem-22230	39	24	in	in	ADP
fbem-22230	39	25	addition	addition	NOUN
fbem-22230	39	26	to	to	ADP
fbem-22230	39	27	the	the	DET
fbem-22230	39	28	return	return	NOUN
fbem-22230	39	29	on	on	ADP
fbem-22230	39	30	net	net	ADJ
fbem-22230	39	31	assets	asset	NOUN
fbem-22230	39	32	and	and	CCONJ
fbem-22230	39	33	earnings	earning	NOUN
fbem-22230	39	34	per	per	ADP
fbem-22230	39	35	share	share	NOUN
fbem-22230	39	36	indicators	indicator	NOUN
fbem-22230	39	37	are	be	AUX
fbem-22230	39	38	slightly	slightly	ADV
fbem-22230	39	39	lower	low	ADJ
fbem-22230	39	40	than	than	ADP
fbem-22230	39	41	the	the	DET
fbem-22230	39	42	average	average	ADJ
fbem-22230	39	43	level	level	NOUN
fbem-22230	39	44	of	of	ADP
fbem-22230	39	45	the	the	DET
fbem-22230	39	46	industry	industry	NOUN
fbem-22230	39	47	,	,	PUNCT
fbem-22230	39	48	the	the	DET
fbem-22230	39	49	profitability	profitability	NOUN
fbem-22230	39	50	of	of	ADP
fbem-22230	39	51	the	the	DET
fbem-22230	39	52	main	main	ADJ
fbem-22230	39	53	business	business	NOUN
fbem-22230	39	54	is	be	AUX
fbem-22230	39	55	higher	high	ADJ
fbem-22230	39	56	than	than	ADP
fbem-22230	39	57	the	the	DET
fbem-22230	39	58	average	average	ADJ
fbem-22230	39	59	level	level	NOUN
fbem-22230	39	60	of	of	ADP
fbem-22230	39	61	the	the	DET
fbem-22230	39	62	pharmaceutical	pharmaceutical	NOUN
fbem-22230	39	63	manufacturing	manufacturing	NOUN
fbem-22230	39	64	industry	industry	NOUN
fbem-22230	39	65	,	,	PUNCT
fbem-22230	39	66	which	which	PRON
fbem-22230	39	67	indicates	indicate	VERB
fbem-22230	39	68	that	that	SCONJ
fbem-22230	39	69	bl	bl	PROPN
fbem-22230	39	70	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	39	71	after	after	ADP
fbem-22230	39	72	the	the	DET
fbem-22230	39	73	implementation	implementation	NOUN
fbem-22230	39	74	of	of	ADP
fbem-22230	39	75	equity	equity	NOUN
fbem-22230	39	76	incentives	incentive	NOUN
fbem-22230	39	77	to	to	PART
fbem-22230	39	78	improve	improve	VERB
fbem-22230	39	79	the	the	DET
fbem-22230	39	80	operating	operating	NOUN
fbem-22230	39	81	efficiency	efficiency	NOUN
fbem-22230	39	82	effectively	effectively	ADV
fbem-22230	39	83	,	,	PUNCT
fbem-22230	39	84	but	but	CCONJ
fbem-22230	39	85	this	this	DET
fbem-22230	39	86	improvement	improvement	NOUN
fbem-22230	39	87	is	be	AUX
fbem-22230	39	88	not	not	PART
fbem-22230	39	89	enough	enough	ADJ
fbem-22230	39	90	to	to	PART
fbem-22230	39	91	unify	unify	VERB
fbem-22230	39	92	with	with	ADP
fbem-22230	39	93	the	the	DET
fbem-22230	39	94	expansion	expansion	NOUN
fbem-22230	39	95	of	of	ADP
fbem-22230	39	96	the	the	DET
fbem-22230	39	97	enterprise	enterprise	NOUN
fbem-22230	39	98	's	's	PART
fbem-22230	39	99	capital	capital	NOUN
fbem-22230	39	100	,	,	PUNCT
fbem-22230	39	101	thus	thus	ADV
fbem-22230	39	102	presenting	present	VERB
fbem-22230	39	103	a	a	DET
fbem-22230	39	104	net	net	ADJ
fbem-22230	39	105	assets	asset	NOUN
fbem-22230	39	106	returns	return	NOUN
fbem-22230	39	107	and	and	CCONJ
fbem-22230	39	108	earnings	earning	NOUN
fbem-22230	39	109	per	per	ADP
fbem-22230	39	110	share	share	NOUN
fbem-22230	39	111	indicators	indicator	NOUN
fbem-22230	39	112	are	be	AUX
fbem-22230	39	113	lower	low	ADJ
fbem-22230	39	114	than	than	ADP
fbem-22230	39	115	the	the	DET
fbem-22230	39	116	average	average	ADJ
fbem-22230	39	117	level	level	NOUN
fbem-22230	39	118	of	of	ADP
fbem-22230	39	119	the	the	DET
fbem-22230	39	120	industry	industry	NOUN
fbem-22230	39	121	in	in	ADP
fbem-22230	39	122	the	the	DET
fbem-22230	39	123	same	same	ADJ
fbem-22230	39	124	period	period	NOUN
fbem-22230	39	125	.	.	PUNCT
fbem-22230	40	1	2.3	2.3	NUM
fbem-22230	40	2	.	.	PUNCT
fbem-22230	41	1	comparative	comparative	ADJ
fbem-22230	41	2	analysis	analysis	NOUN
fbem-22230	41	3	of	of	ADP
fbem-22230	41	4	bl	bl	PROPN
fbem-22230	41	5	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	41	6	'	'	PART
fbem-22230	41	7	operating	operating	NOUN
fbem-22230	41	8	capacity	capacity	NOUN
fbem-22230	41	9	before	before	ADV
fbem-22230	41	10	and	and	CCONJ
fbem-22230	41	11	after	after	ADP
fbem-22230	41	12	the	the	DET
fbem-22230	41	13	stock	stock	NOUN
fbem-22230	41	14	incentive	incentive	PROPN
fbem-22230	41	15	plan	plan	NOUN
fbem-22230	41	16	2.3.1	2.3.1	NUM
fbem-22230	41	17	.	.	PUNCT
fbem-22230	41	18	selection	selection	NOUN
fbem-22230	41	19	of	of	ADP
fbem-22230	41	20	operating	operating	NOUN
fbem-22230	41	21	capacity	capacity	NOUN
fbem-22230	41	22	indicators	indicator	NOUN
fbem-22230	41	23	operating	operate	VERB
fbem-22230	41	24	capacity	capacity	NOUN
fbem-22230	41	25	is	be	AUX
fbem-22230	41	26	an	an	DET
fbem-22230	41	27	indicator	indicator	NOUN
fbem-22230	41	28	for	for	ADP
fbem-22230	41	29	evaluating	evaluate	VERB
fbem-22230	41	30	the	the	DET
fbem-22230	41	31	70	70	NUM
fbem-22230	41	32	efficiency	efficiency	NOUN
fbem-22230	41	33	of	of	ADP
fbem-22230	41	34	the	the	DET
fbem-22230	41	35	enterprise	enterprise	NOUN
fbem-22230	41	36	's	's	PART
fbem-22230	41	37	capital	capital	NOUN
fbem-22230	41	38	utilization	utilization	NOUN
fbem-22230	41	39	and	and	CCONJ
fbem-22230	41	40	asset	asset	NOUN
fbem-22230	41	41	management	management	NOUN
fbem-22230	41	42	.	.	PUNCT
fbem-22230	42	1	the	the	PRON
fbem-22230	42	2	faster	fast	ADJ
fbem-22230	42	3	the	the	DET
fbem-22230	42	4	turnover	turnover	NOUN
fbem-22230	42	5	of	of	ADP
fbem-22230	42	6	the	the	DET
fbem-22230	42	7	enterprise	enterprise	NOUN
fbem-22230	42	8	's	's	PART
fbem-22230	42	9	production	production	NOUN
fbem-22230	42	10	and	and	CCONJ
fbem-22230	42	11	operation	operation	NOUN
fbem-22230	42	12	funds	fund	NOUN
fbem-22230	42	13	and	and	CCONJ
fbem-22230	42	14	the	the	DET
fbem-22230	42	15	fewer	few	ADJ
fbem-22230	42	16	the	the	DET
fbem-22230	42	17	number	number	NOUN
fbem-22230	42	18	of	of	ADP
fbem-22230	42	19	turnover	turnover	NOUN
fbem-22230	42	20	days	day	NOUN
fbem-22230	42	21	are	be	AUX
fbem-22230	42	22	,	,	PUNCT
fbem-22230	42	23	the	the	PRON
fbem-22230	42	24	higher	high	ADJ
fbem-22230	42	25	the	the	DET
fbem-22230	42	26	efficiency	efficiency	NOUN
fbem-22230	42	27	of	of	ADP
fbem-22230	42	28	the	the	DET
fbem-22230	42	29	enterprise	enterprise	NOUN
fbem-22230	42	30	's	's	PART
fbem-22230	42	31	capital	capital	NOUN
fbem-22230	42	32	utilization	utilization	NOUN
fbem-22230	42	33	,	,	PUNCT
fbem-22230	42	34	the	the	PRON
fbem-22230	42	35	better	well	ADJ
fbem-22230	42	36	the	the	DET
fbem-22230	42	37	asset	asset	NOUN
fbem-22230	42	38	management	management	NOUN
fbem-22230	42	39	ability	ability	NOUN
fbem-22230	42	40	,	,	PUNCT
fbem-22230	42	41	and	and	CCONJ
fbem-22230	42	42	the	the	DET
fbem-22230	42	43	enterprise	enterprise	NOUN
fbem-22230	42	44	owns	own	VERB
fbem-22230	42	45	more	more	ADJ
fbem-22230	42	46	profit	profit	NOUN
fbem-22230	42	47	-	-	PUNCT
fbem-22230	42	48	making	make	VERB
fbem-22230	42	49	opportunities	opportunity	NOUN
fbem-22230	42	50	[	[	X
fbem-22230	42	51	5	5	NUM
fbem-22230	42	52	]	]	PUNCT
fbem-22230	42	53	.	.	PUNCT
fbem-22230	43	1	in	in	ADP
fbem-22230	43	2	this	this	DET
fbem-22230	43	3	case	case	NOUN
fbem-22230	43	4	,	,	PUNCT
fbem-22230	43	5	the	the	DET
fbem-22230	43	6	accounts	account	NOUN
fbem-22230	43	7	receivable	receivable	ADJ
fbem-22230	43	8	turnover	turnover	NOUN
fbem-22230	43	9	ratio	ratio	NOUN
fbem-22230	43	10	,	,	PUNCT
fbem-22230	43	11	which	which	PRON
fbem-22230	43	12	reflects	reflect	VERB
fbem-22230	43	13	the	the	DET
fbem-22230	43	14	time	time	NOUN
fbem-22230	43	15	it	it	PRON
fbem-22230	43	16	takes	take	VERB
fbem-22230	43	17	for	for	SCONJ
fbem-22230	43	18	a	a	DET
fbem-22230	43	19	company	company	NOUN
fbem-22230	43	20	to	to	PART
fbem-22230	43	21	obtain	obtain	VERB
fbem-22230	43	22	the	the	DET
fbem-22230	43	23	rights	right	NOUN
fbem-22230	43	24	to	to	PART
fbem-22230	43	25	accounts	account	NOUN
fbem-22230	43	26	receivable	receivable	ADJ
fbem-22230	43	27	and	and	CCONJ
fbem-22230	43	28	to	to	PART
fbem-22230	43	29	collect	collect	VERB
fbem-22230	43	30	the	the	DET
fbem-22230	43	31	money	money	NOUN
fbem-22230	43	32	and	and	CCONJ
fbem-22230	43	33	turn	turn	VERB
fbem-22230	43	34	it	it	PRON
fbem-22230	43	35	into	into	ADP
fbem-22230	43	36	cash	cash	NOUN
fbem-22230	43	37	,	,	PUNCT
fbem-22230	43	38	the	the	DET
fbem-22230	43	39	net	net	ADJ
fbem-22230	43	40	asset	asset	NOUN
fbem-22230	43	41	turnover	turnover	NOUN
fbem-22230	43	42	ratio	ratio	NOUN
fbem-22230	43	43	,	,	PUNCT
fbem-22230	43	44	which	which	PRON
fbem-22230	43	45	measures	measure	VERB
fbem-22230	43	46	the	the	DET
fbem-22230	43	47	turnover	turnover	NOUN
fbem-22230	43	48	of	of	ADP
fbem-22230	43	49	corporate	corporate	ADJ
fbem-22230	43	50	assets	asset	NOUN
fbem-22230	43	51	,	,	PUNCT
fbem-22230	43	52	the	the	DET
fbem-22230	43	53	inventory	inventory	NOUN
fbem-22230	43	54	turnover	turnover	NOUN
fbem-22230	43	55	ratio	ratio	NOUN
fbem-22230	43	56	,	,	PUNCT
fbem-22230	43	57	which	which	PRON
fbem-22230	43	58	reflects	reflect	VERB
fbem-22230	43	59	the	the	DET
fbem-22230	43	60	efficiency	efficiency	NOUN
fbem-22230	43	61	of	of	ADP
fbem-22230	43	62	the	the	DET
fbem-22230	43	63	use	use	NOUN
fbem-22230	43	64	of	of	ADP
fbem-22230	43	65	corporate	corporate	ADJ
fbem-22230	43	66	funds	fund	NOUN
fbem-22230	43	67	and	and	CCONJ
fbem-22230	43	68	the	the	DET
fbem-22230	43	69	short	short	ADJ
fbem-22230	43	70	-	-	PUNCT
fbem-22230	43	71	term	term	NOUN
fbem-22230	43	72	solvency	solvency	NOUN
fbem-22230	43	73	of	of	ADP
fbem-22230	43	74	the	the	DET
fbem-22230	43	75	company	company	NOUN
fbem-22230	43	76	,	,	PUNCT
fbem-22230	43	77	and	and	CCONJ
fbem-22230	43	78	the	the	DET
fbem-22230	43	79	total	total	ADJ
fbem-22230	43	80	asset	asset	NOUN
fbem-22230	43	81	turnover	turnover	NOUN
fbem-22230	43	82	ratio	ratio	NOUN
fbem-22230	43	83	,	,	PUNCT
fbem-22230	43	84	which	which	PRON
fbem-22230	43	85	measures	measure	VERB
fbem-22230	43	86	the	the	DET
fbem-22230	43	87	allocation	allocation	NOUN
fbem-22230	43	88	of	of	ADP
fbem-22230	43	89	resources	resource	NOUN
fbem-22230	43	90	by	by	ADP
fbem-22230	43	91	the	the	DET
fbem-22230	43	92	company	company	NOUN
fbem-22230	43	93	and	and	CCONJ
fbem-22230	43	94	the	the	DET
fbem-22230	43	95	rational	rational	ADJ
fbem-22230	43	96	use	use	NOUN
fbem-22230	43	97	of	of	ADP
fbem-22230	43	98	the	the	DET
fbem-22230	43	99	resources	resource	NOUN
fbem-22230	43	100	in	in	ADP
fbem-22230	43	101	the	the	DET
fbem-22230	43	102	company	company	NOUN
fbem-22230	43	103	,	,	PUNCT
fbem-22230	43	104	are	be	AUX
fbem-22230	43	105	selected	select	VERB
fbem-22230	43	106	as	as	ADP
fbem-22230	43	107	indicators	indicator	NOUN
fbem-22230	43	108	to	to	PART
fbem-22230	43	109	measure	measure	VERB
fbem-22230	43	110	the	the	DET
fbem-22230	43	111	efficiency	efficiency	NOUN
fbem-22230	43	112	of	of	ADP
fbem-22230	43	113	the	the	DET
fbem-22230	43	114	use	use	NOUN
fbem-22230	43	115	of	of	ADP
fbem-22230	43	116	funds	fund	NOUN
fbem-22230	43	117	before	before	ADP
fbem-22230	43	118	and	and	CCONJ
fbem-22230	43	119	after	after	SCONJ
fbem-22230	43	120	the	the	DET
fbem-22230	43	121	share	share	NOUN
fbem-22230	43	122	incentive	incentive	NOUN
fbem-22230	43	123	plan	plan	NOUN
fbem-22230	43	124	of	of	ADP
fbem-22230	43	125	bl	bl	PROPN
fbem-22230	43	126	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	43	127	to	to	PART
fbem-22230	43	128	analyze	analyze	VERB
fbem-22230	43	129	.	.	PUNCT
fbem-22230	44	1	before	before	SCONJ
fbem-22230	44	2	and	and	CCONJ
fbem-22230	44	3	after	after	SCONJ
fbem-22230	44	4	the	the	DET
fbem-22230	44	5	capital	capital	NOUN
fbem-22230	44	6	utilization	utilization	NOUN
fbem-22230	44	7	efficiency	efficiency	NOUN
fbem-22230	44	8	to	to	PART
fbem-22230	44	9	be	be	AUX
fbem-22230	44	10	analyzed	analyze	VERB
fbem-22230	44	11	.	.	PUNCT
fbem-22230	45	1	2.3.2	2.3.2	NUM
fbem-22230	45	2	.	.	PUNCT
fbem-22230	45	3	trend	trend	NOUN
fbem-22230	45	4	and	and	CCONJ
fbem-22230	45	5	analysis	analysis	NOUN
fbem-22230	45	6	of	of	ADP
fbem-22230	45	7	changes	change	NOUN
fbem-22230	45	8	in	in	ADP
fbem-22230	45	9	bl	bl	PROPN
fbem-22230	45	10	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	45	11	'	'	PART
fbem-22230	45	12	operating	operating	NOUN
fbem-22230	45	13	capacity	capacity	NOUN
fbem-22230	45	14	before	before	ADV
fbem-22230	45	15	and	and	CCONJ
fbem-22230	45	16	after	after	ADP
fbem-22230	45	17	the	the	DET
fbem-22230	45	18	stock	stock	NOUN
fbem-22230	45	19	incentive	incentive	NOUN
fbem-22230	45	20	plan	plan	NOUN
fbem-22230	45	21	table	table	NOUN
fbem-22230	45	22	2	2	NUM
fbem-22230	45	23	.	.	PUNCT
fbem-22230	45	24	comparative	comparative	ADJ
fbem-22230	45	25	indicators	indicator	NOUN
fbem-22230	45	26	of	of	ADP
fbem-22230	45	27	operating	operate	VERB
fbem-22230	45	28	capacity	capacity	NOUN
fbem-22230	45	29	before	before	ADV
fbem-22230	45	30	and	and	CCONJ
fbem-22230	45	31	after	after	ADP
fbem-22230	45	32	bl	bl	PROPN
fbem-22230	45	33	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	45	34	'	'	PART
fbem-22230	45	35	equity	equity	NOUN
fbem-22230	45	36	incentive	incentive	NOUN
fbem-22230	45	37	plan	plan	NOUN
fbem-22230	45	38	year	year	NOUN
fbem-22230	45	39	/	/	SYM
fbem-22230	45	40	indicators	indicator	NOUN
fbem-22230	45	41	arto	arto	PROPN
fbem-22230	45	42	catr	catr	VERB
fbem-22230	45	43	atr	atr	PROPN
fbem-22230	45	44	itr	itr	NOUN
fbem-22230	45	45	2017	2017	NUM
fbem-22230	45	46	4.36	4.36	NUM
fbem-22230	45	47	%	%	NOUN
fbem-22230	45	48	1.20	1.20	NUM
fbem-22230	45	49	%	%	NOUN
fbem-22230	45	50	0.50	0.50	NUM
fbem-22230	45	51	%	%	NOUN
fbem-22230	45	52	1.70	1.70	NUM
fbem-22230	45	53	%	%	NOUN
fbem-22230	45	54	2018	2018	NUM
fbem-22230	45	55	4.75	4.75	NUM
fbem-22230	45	56	%	%	NOUN
fbem-22230	45	57	1.33	1.33	NUM
fbem-22230	45	58	%	%	NOUN
fbem-22230	45	59	0.50	0.50	NUM
fbem-22230	45	60	%	%	NOUN
fbem-22230	45	61	1.97	1.97	NUM
fbem-22230	45	62	%	%	NOUN
fbem-22230	45	63	2019	2019	NUM
fbem-22230	45	64	5.58	5.58	NUM
fbem-22230	45	65	%	%	NOUN
fbem-22230	45	66	1.65	1.65	NUM
fbem-22230	45	67	%	%	NOUN
fbem-22230	45	68	0.56	0.56	NUM
fbem-22230	45	69	%	%	NOUN
fbem-22230	45	70	2.35	2.35	NUM
fbem-22230	45	71	%	%	NOUN
fbem-22230	45	72	2020	2020	NUM
fbem-22230	45	73	5.02	5.02	NUM
fbem-22230	45	74	%	%	NOUN
fbem-22230	45	75	0.87	0.87	NUM
fbem-22230	45	76	%	%	NOUN
fbem-22230	45	77	0.37	0.37	NUM
fbem-22230	45	78	%	%	NOUN
fbem-22230	45	79	2.31	2.31	NUM
fbem-22230	45	80	%	%	NOUN
fbem-22230	45	81	2021	2021	NUM
fbem-22230	45	82	5.66	5.66	NUM
fbem-22230	45	83	%	%	NOUN
fbem-22230	45	84	0.65	0.65	NUM
fbem-22230	45	85	%	%	NOUN
fbem-22230	45	86	0.30	0.30	NUM
fbem-22230	45	87	%	%	NOUN
fbem-22230	45	88	1.77	1.77	NUM
fbem-22230	45	89	%	%	NOUN
fbem-22230	45	90	2022	2022	NUM
fbem-22230	45	91	6.38	6.38	NUM
fbem-22230	45	92	%	%	NOUN
fbem-22230	45	93	0.62	0.62	NUM
fbem-22230	45	94	%	%	NOUN
fbem-22230	45	95	0.27	0.27	NUM
fbem-22230	45	96	%	%	NOUN
fbem-22230	45	97	1.30	1.30	NUM
fbem-22230	45	98	%	%	NOUN
fbem-22230	45	99	(	(	PUNCT
fbem-22230	45	100	1	1	NUM
fbem-22230	45	101	)	)	PUNCT
fbem-22230	45	102	in	in	ADP
fbem-22230	45	103	terms	term	NOUN
fbem-22230	45	104	of	of	ADP
fbem-22230	45	105	accounts	account	NOUN
fbem-22230	45	106	receivable	receivable	ADJ
fbem-22230	45	107	turnover	turnover	NOUN
fbem-22230	45	108	,	,	PUNCT
fbem-22230	45	109	the	the	DET
fbem-22230	45	110	accounts	account	NOUN
fbem-22230	45	111	receivable	receivable	ADJ
fbem-22230	45	112	turnover	turnover	NOUN
fbem-22230	45	113	of	of	ADP
fbem-22230	45	114	bl	bl	PROPN
fbem-22230	45	115	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	45	116	before	before	ADP
fbem-22230	45	117	the	the	DET
fbem-22230	45	118	implementation	implementation	NOUN
fbem-22230	45	119	of	of	ADP
fbem-22230	45	120	the	the	DET
fbem-22230	45	121	equity	equity	NOUN
fbem-22230	45	122	incentive	incentive	NOUN
fbem-22230	45	123	plan	plan	NOUN
fbem-22230	45	124	averaged	average	VERB
fbem-22230	45	125	around	around	ADV
fbem-22230	45	126	4.5	4.5	NUM
fbem-22230	45	127	%	%	NOUN
fbem-22230	45	128	.	.	PUNCT
fbem-22230	46	1	2017	2017	NUM
fbem-22230	46	2	to	to	ADP
fbem-22230	46	3	2022	2022	NUM
fbem-22230	46	4	showed	show	VERB
fbem-22230	46	5	a	a	DET
fbem-22230	46	6	gradual	gradual	ADJ
fbem-22230	46	7	upward	upward	ADJ
fbem-22230	46	8	trend	trend	NOUN
fbem-22230	46	9	,	,	PUNCT
fbem-22230	46	10	and	and	CCONJ
fbem-22230	46	11	the	the	DET
fbem-22230	46	12	increase	increase	NOUN
fbem-22230	46	13	in	in	ADP
fbem-22230	46	14	accounts	account	NOUN
fbem-22230	46	15	receivable	receivable	ADJ
fbem-22230	46	16	turnover	turnover	NOUN
fbem-22230	46	17	was	be	AUX
fbem-22230	46	18	reasonable	reasonable	ADJ
fbem-22230	46	19	due	due	ADP
fbem-22230	46	20	to	to	ADP
fbem-22230	46	21	the	the	DET
fbem-22230	46	22	epidemic	epidemic	NOUN
fbem-22230	46	23	,	,	PUNCT
fbem-22230	46	24	but	but	CCONJ
fbem-22230	46	25	it	it	PRON
fbem-22230	46	26	was	be	AUX
fbem-22230	46	27	not	not	PART
fbem-22230	46	28	possible	possible	ADJ
fbem-22230	46	29	to	to	PART
fbem-22230	46	30	analyze	analyze	VERB
fbem-22230	46	31	further	far	ADV
fbem-22230	46	32	the	the	DET
fbem-22230	46	33	specific	specific	ADJ
fbem-22230	46	34	impact	impact	NOUN
fbem-22230	46	35	on	on	ADP
fbem-22230	46	36	accounts	account	NOUN
fbem-22230	46	37	receivable	receivable	ADJ
fbem-22230	46	38	turnover	turnover	NOUN
fbem-22230	46	39	before	before	ADV
fbem-22230	46	40	and	and	CCONJ
fbem-22230	46	41	after	after	ADP
fbem-22230	46	42	the	the	DET
fbem-22230	46	43	implementation	implementation	NOUN
fbem-22230	46	44	of	of	ADP
fbem-22230	46	45	the	the	DET
fbem-22230	46	46	equity	equity	NOUN
fbem-22230	46	47	incentive	incentive	PROPN
fbem-22230	46	48	plan	plan	NOUN
fbem-22230	46	49	.	.	PUNCT
fbem-22230	47	1	(	(	PUNCT
fbem-22230	47	2	2	2	X
fbem-22230	47	3	)	)	PUNCT
fbem-22230	47	4	in	in	ADP
fbem-22230	47	5	terms	term	NOUN
fbem-22230	47	6	of	of	ADP
fbem-22230	47	7	current	current	ADJ
fbem-22230	47	8	asset	asset	NOUN
fbem-22230	47	9	turnover	turnover	NOUN
fbem-22230	47	10	ratio	ratio	NOUN
fbem-22230	47	11	,	,	PUNCT
fbem-22230	47	12	total	total	ADJ
fbem-22230	47	13	asset	asset	NOUN
fbem-22230	47	14	turnover	turnover	NOUN
fbem-22230	47	15	ratio	ratio	NOUN
fbem-22230	47	16	and	and	CCONJ
fbem-22230	47	17	inventory	inventory	NOUN
fbem-22230	47	18	turnover	turnover	NOUN
fbem-22230	47	19	ratio	ratio	NOUN
fbem-22230	47	20	,	,	PUNCT
fbem-22230	47	21	from	from	ADP
fbem-22230	47	22	2017	2017	NUM
fbem-22230	47	23	to	to	ADP
fbem-22230	47	24	2022	2022	NUM
fbem-22230	47	25	,	,	PUNCT
fbem-22230	47	26	they	they	PRON
fbem-22230	47	27	all	all	PRON
fbem-22230	47	28	show	show	VERB
fbem-22230	47	29	a	a	DET
fbem-22230	47	30	trend	trend	NOUN
fbem-22230	47	31	of	of	ADP
fbem-22230	47	32	increasing	increase	VERB
fbem-22230	47	33	and	and	CCONJ
fbem-22230	47	34	then	then	ADV
fbem-22230	47	35	decreasing	decrease	VERB
fbem-22230	47	36	,	,	PUNCT
fbem-22230	47	37	and	and	CCONJ
fbem-22230	47	38	peak	peak	NOUN
fbem-22230	47	39	in	in	ADP
fbem-22230	47	40	2019	2019	NUM
fbem-22230	47	41	.	.	PUNCT
fbem-22230	48	1	the	the	DET
fbem-22230	48	2	current	current	ADJ
fbem-22230	48	3	asset	asset	NOUN
fbem-22230	48	4	turnover	turnover	NOUN
fbem-22230	48	5	ratio	ratio	NOUN
fbem-22230	48	6	and	and	CCONJ
fbem-22230	48	7	total	total	ADJ
fbem-22230	48	8	asset	asset	NOUN
fbem-22230	48	9	turnover	turnover	NOUN
fbem-22230	48	10	ratio	ratio	NOUN
fbem-22230	48	11	have	have	AUX
fbem-22230	48	12	increased	increase	VERB
fbem-22230	48	13	at	at	ADP
fbem-22230	48	14	a	a	DET
fbem-22230	48	15	faster	fast	ADJ
fbem-22230	48	16	rate	rate	NOUN
fbem-22230	48	17	since	since	SCONJ
fbem-22230	48	18	the	the	DET
fbem-22230	48	19	implementation	implementation	NOUN
fbem-22230	48	20	of	of	ADP
fbem-22230	48	21	the	the	DET
fbem-22230	48	22	equity	equity	NOUN
fbem-22230	48	23	incentive	incentive	PROPN
fbem-22230	48	24	plan	plan	NOUN
fbem-22230	48	25	,	,	PUNCT
fbem-22230	48	26	which	which	PRON
fbem-22230	48	27	may	may	AUX
fbem-22230	48	28	be	be	AUX
fbem-22230	48	29	caused	cause	VERB
fbem-22230	48	30	by	by	ADP
fbem-22230	48	31	the	the	DET
fbem-22230	48	32	inability	inability	NOUN
fbem-22230	48	33	of	of	ADP
fbem-22230	48	34	the	the	DET
fbem-22230	48	35	company	company	NOUN
fbem-22230	48	36	's	's	PART
fbem-22230	48	37	rapidly	rapidly	ADV
fbem-22230	48	38	expanding	expand	VERB
fbem-22230	48	39	asset	asset	NOUN
fbem-22230	48	40	scale	scale	NOUN
fbem-22230	48	41	in	in	ADP
fbem-22230	48	42	the	the	DET
fbem-22230	48	43	year	year	NOUN
fbem-22230	48	44	of	of	ADP
fbem-22230	48	45	implementation	implementation	NOUN
fbem-22230	48	46	to	to	PART
fbem-22230	48	47	achieve	achieve	VERB
fbem-22230	48	48	synchronized	synchronized	ADJ
fbem-22230	48	49	growth	growth	NOUN
fbem-22230	48	50	with	with	ADP
fbem-22230	48	51	sales	sale	NOUN
fbem-22230	48	52	revenue	revenue	NOUN
fbem-22230	48	53	.	.	PUNCT
fbem-22230	49	1	inventory	inventory	NOUN
fbem-22230	49	2	turnover	turnover	NOUN
fbem-22230	49	3	ratio	ratio	NOUN
fbem-22230	49	4	ups	up	NOUN
fbem-22230	49	5	and	and	CCONJ
fbem-22230	49	6	downs	down	NOUN
fbem-22230	49	7	of	of	ADP
fbem-22230	49	8	more	more	ADV
fbem-22230	49	9	obvious	obvious	ADJ
fbem-22230	49	10	,	,	PUNCT
fbem-22230	49	11	from	from	ADP
fbem-22230	49	12	2017	2017	NUM
fbem-22230	49	13	to	to	ADP
fbem-22230	49	14	2019	2019	NUM
fbem-22230	49	15	,	,	PUNCT
fbem-22230	49	16	the	the	DET
fbem-22230	49	17	big	big	ADJ
fbem-22230	49	18	rise	rise	NOUN
fbem-22230	49	19	increased	increase	VERB
fbem-22230	49	20	compared	compare	VERB
fbem-22230	49	21	to	to	ADP
fbem-22230	49	22	the	the	DET
fbem-22230	49	23	previous	previous	ADJ
fbem-22230	49	24	years	year	NOUN
fbem-22230	49	25	,	,	PUNCT
fbem-22230	49	26	and	and	CCONJ
fbem-22230	49	27	the	the	DET
fbem-22230	49	28	later	later	ADJ
fbem-22230	49	29	period	period	NOUN
fbem-22230	49	30	of	of	ADP
fbem-22230	49	31	a	a	DET
fbem-22230	49	32	substantial	substantial	ADJ
fbem-22230	49	33	decline	decline	NOUN
fbem-22230	49	34	is	be	AUX
fbem-22230	49	35	mainly	mainly	ADV
fbem-22230	49	36	due	due	ADJ
fbem-22230	49	37	to	to	ADP
fbem-22230	49	38	the	the	DET
fbem-22230	49	39	reasons	reason	NOUN
fbem-22230	49	40	by	by	ADP
fbem-22230	49	41	the	the	DET
fbem-22230	49	42	epidemic	epidemic	NOUN
fbem-22230	49	43	,	,	PUNCT
fbem-22230	49	44	inventory	inventory	NOUN
fbem-22230	49	45	accounted	account	VERB
fbem-22230	49	46	for	for	ADP
fbem-22230	49	47	an	an	DET
fbem-22230	49	48	increase	increase	NOUN
fbem-22230	49	49	in	in	ADP
fbem-22230	49	50	the	the	DET
fbem-22230	49	51	proportion	proportion	NOUN
fbem-22230	49	52	of	of	ADP
fbem-22230	49	53	the	the	DET
fbem-22230	49	54	company	company	NOUN
fbem-22230	49	55	's	's	PART
fbem-22230	49	56	poor	poor	ADJ
fbem-22230	49	57	sales	sale	NOUN
fbem-22230	49	58	.	.	PUNCT
fbem-22230	50	1	according	accord	VERB
fbem-22230	50	2	to	to	ADP
fbem-22230	50	3	the	the	DET
fbem-22230	50	4	situation	situation	NOUN
fbem-22230	50	5	of	of	ADP
fbem-22230	50	6	the	the	DET
fbem-22230	50	7	pharmaceutical	pharmaceutical	ADJ
fbem-22230	50	8	industry	industry	NOUN
fbem-22230	50	9	in	in	ADP
fbem-22230	50	10	the	the	DET
fbem-22230	50	11	same	same	ADJ
fbem-22230	50	12	period	period	NOUN
fbem-22230	50	13	,	,	PUNCT
fbem-22230	50	14	the	the	DET
fbem-22230	50	15	accounts	account	NOUN
fbem-22230	50	16	receivable	receivable	ADJ
fbem-22230	50	17	turnover	turnover	NOUN
fbem-22230	50	18	ratio	ratio	NOUN
fbem-22230	50	19	of	of	ADP
fbem-22230	50	20	bl	bl	PROPN
fbem-22230	50	21	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	50	22	after	after	ADP
fbem-22230	50	23	the	the	DET
fbem-22230	50	24	implementation	implementation	NOUN
fbem-22230	50	25	of	of	ADP
fbem-22230	50	26	the	the	DET
fbem-22230	50	27	equity	equity	NOUN
fbem-22230	50	28	incentive	incentive	NOUN
fbem-22230	50	29	plan	plan	NOUN
fbem-22230	50	30	was	be	AUX
fbem-22230	50	31	slightly	slightly	ADV
fbem-22230	50	32	lower	low	ADJ
fbem-22230	50	33	than	than	ADP
fbem-22230	50	34	the	the	DET
fbem-22230	50	35	level	level	NOUN
fbem-22230	50	36	of	of	ADP
fbem-22230	50	37	the	the	DET
fbem-22230	50	38	industry	industry	NOUN
fbem-22230	50	39	in	in	ADP
fbem-22230	50	40	the	the	DET
fbem-22230	50	41	same	same	ADJ
fbem-22230	50	42	period	period	NOUN
fbem-22230	50	43	,	,	PUNCT
fbem-22230	50	44	and	and	CCONJ
fbem-22230	50	45	the	the	DET
fbem-22230	50	46	inventory	inventory	NOUN
fbem-22230	50	47	turnover	turnover	NOUN
fbem-22230	50	48	ratio	ratio	NOUN
fbem-22230	50	49	was	be	AUX
fbem-22230	50	50	higher	high	ADJ
fbem-22230	50	51	than	than	ADP
fbem-22230	50	52	that	that	PRON
fbem-22230	50	53	of	of	ADP
fbem-22230	50	54	the	the	DET
fbem-22230	50	55	industry	industry	NOUN
fbem-22230	50	56	;	;	PUNCT
fbem-22230	50	57	the	the	DET
fbem-22230	50	58	net	net	ADJ
fbem-22230	50	59	asset	asset	NOUN
fbem-22230	50	60	turnover	turnover	NOUN
fbem-22230	50	61	ratio	ratio	NOUN
fbem-22230	50	62	and	and	CCONJ
fbem-22230	50	63	the	the	DET
fbem-22230	50	64	total	total	ADJ
fbem-22230	50	65	asset	asset	NOUN
fbem-22230	50	66	turnover	turnover	NOUN
fbem-22230	50	67	ratio	ratio	NOUN
fbem-22230	50	68	did	do	AUX
fbem-22230	50	69	not	not	PART
fbem-22230	50	70	perform	perform	VERB
fbem-22230	50	71	satisfactorily	satisfactorily	ADV
fbem-22230	50	72	,	,	PUNCT
fbem-22230	50	73	which	which	PRON
fbem-22230	50	74	,	,	PUNCT
fbem-22230	50	75	according	accord	VERB
fbem-22230	50	76	to	to	ADP
fbem-22230	50	77	the	the	DET
fbem-22230	50	78	financial	financial	ADJ
fbem-22230	50	79	statements	statement	NOUN
fbem-22230	50	80	published	publish	VERB
fbem-22230	50	81	by	by	ADP
fbem-22230	50	82	bl	bl	NOUN
fbem-22230	50	83	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	50	84	,	,	PUNCT
fbem-22230	50	85	were	be	AUX
fbem-22230	50	86	higher	high	ADJ
fbem-22230	50	87	than	than	ADP
fbem-22230	50	88	the	the	DET
fbem-22230	50	89	level	level	NOUN
fbem-22230	50	90	of	of	ADP
fbem-22230	50	91	the	the	DET
fbem-22230	50	92	industry	industry	NOUN
fbem-22230	50	93	prior	prior	ADV
fbem-22230	50	94	to	to	ADP
fbem-22230	50	95	the	the	DET
fbem-22230	50	96	implementation	implementation	NOUN
fbem-22230	50	97	,	,	PUNCT
fbem-22230	50	98	and	and	CCONJ
fbem-22230	50	99	lower	low	ADJ
fbem-22230	50	100	than	than	ADP
fbem-22230	50	101	the	the	DET
fbem-22230	50	102	level	level	NOUN
fbem-22230	50	103	of	of	ADP
fbem-22230	50	104	the	the	DET
fbem-22230	50	105	industry	industry	NOUN
fbem-22230	50	106	after	after	ADP
fbem-22230	50	107	the	the	DET
fbem-22230	50	108	implementation	implementation	NOUN
fbem-22230	50	109	due	due	ADP
fbem-22230	50	110	to	to	ADP
fbem-22230	50	111	the	the	DET
fbem-22230	50	112	following	follow	VERB
fbem-22230	50	113	reasons	reason	NOUN
fbem-22230	50	114	the	the	DET
fbem-22230	50	115	sudden	sudden	ADJ
fbem-22230	50	116	expansion	expansion	NOUN
fbem-22230	50	117	of	of	ADP
fbem-22230	50	118	shareholders	shareholder	NOUN
fbem-22230	50	119	'	'	PART
fbem-22230	50	120	equity	equity	NOUN
fbem-22230	50	121	after	after	SCONJ
fbem-22230	50	122	implementation	implementation	NOUN
fbem-22230	50	123	affected	affect	VERB
fbem-22230	50	124	the	the	DET
fbem-22230	50	125	overall	overall	ADJ
fbem-22230	50	126	level	level	NOUN
fbem-22230	50	127	of	of	ADP
fbem-22230	50	128	net	net	ADJ
fbem-22230	50	129	asset	asset	NOUN
fbem-22230	50	130	turnover	turnover	NOUN
fbem-22230	50	131	and	and	CCONJ
fbem-22230	50	132	total	total	ADJ
fbem-22230	50	133	asset	asset	NOUN
fbem-22230	50	134	turnover	turnover	NOUN
fbem-22230	50	135	.	.	PUNCT
fbem-22230	51	1	2.4	2.4	NUM
fbem-22230	51	2	.	.	PUNCT
fbem-22230	52	1	comparative	comparative	ADJ
fbem-22230	52	2	analysis	analysis	NOUN
fbem-22230	52	3	of	of	ADP
fbem-22230	52	4	solvency	solvency	NOUN
fbem-22230	52	5	of	of	ADP
fbem-22230	52	6	bl	bl	PROPN
fbem-22230	52	7	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	52	8	before	before	ADV
fbem-22230	52	9	and	and	CCONJ
fbem-22230	52	10	after	after	ADP
fbem-22230	52	11	stock	stock	NOUN
fbem-22230	52	12	incentive	incentive	NOUN
fbem-22230	52	13	plan	plan	NOUN
fbem-22230	52	14	2.4.1	2.4.1	NUM
fbem-22230	52	15	.	.	PUNCT
fbem-22230	53	1	selection	selection	NOUN
fbem-22230	53	2	of	of	ADP
fbem-22230	53	3	solvency	solvency	NOUN
fbem-22230	53	4	indicators	indicator	NOUN
fbem-22230	53	5	solvency	solvency	NOUN
fbem-22230	53	6	is	be	AUX
fbem-22230	53	7	a	a	DET
fbem-22230	53	8	financial	financial	ADJ
fbem-22230	53	9	indicator	indicator	NOUN
fbem-22230	53	10	that	that	PRON
fbem-22230	53	11	determines	determine	VERB
fbem-22230	53	12	the	the	DET
fbem-22230	53	13	level	level	NOUN
fbem-22230	53	14	of	of	ADP
fbem-22230	53	15	financial	financial	ADJ
fbem-22230	53	16	risk	risk	NOUN
fbem-22230	53	17	of	of	ADP
fbem-22230	53	18	an	an	DET
fbem-22230	53	19	enterprise	enterprise	NOUN
fbem-22230	53	20	[	[	X
fbem-22230	53	21	6	6	NUM
fbem-22230	53	22	]	]	PUNCT
fbem-22230	53	23	.	.	PUNCT
fbem-22230	54	1	this	this	DET
fbem-22230	54	2	paper	paper	NOUN
fbem-22230	54	3	focuses	focus	VERB
fbem-22230	54	4	on	on	ADP
fbem-22230	54	5	measuring	measure	VERB
fbem-22230	54	6	the	the	DET
fbem-22230	54	7	rationality	rationality	NOUN
fbem-22230	54	8	of	of	ADP
fbem-22230	54	9	bl	bl	PROPN
fbem-22230	54	10	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	54	11	'	'	PART
fbem-22230	54	12	capital	capital	NOUN
fbem-22230	54	13	structure	structure	NOUN
fbem-22230	54	14	and	and	CCONJ
fbem-22230	54	15	financial	financial	ADJ
fbem-22230	54	16	position	position	NOUN
fbem-22230	54	17	through	through	ADP
fbem-22230	54	18	research	research	NOUN
fbem-22230	54	19	,	,	PUNCT
fbem-22230	54	20	and	and	CCONJ
fbem-22230	54	21	in	in	ADP
fbem-22230	54	22	-	-	PUNCT
fbem-22230	54	23	depth	depth	NOUN
fbem-22230	54	24	study	study	NOUN
fbem-22230	54	25	of	of	ADP
fbem-22230	54	26	the	the	DET
fbem-22230	54	27	equity	equity	NOUN
fbem-22230	54	28	financing	financing	NOUN
fbem-22230	54	29	efficiency	efficiency	NOUN
fbem-22230	54	30	of	of	ADP
fbem-22230	54	31	the	the	DET
fbem-22230	54	32	gearing	gearing	NOUN
fbem-22230	54	33	ratio	ratio	NOUN
fbem-22230	54	34	,	,	PUNCT
fbem-22230	54	35	while	while	SCONJ
fbem-22230	54	36	analyzing	analyze	VERB
fbem-22230	54	37	the	the	DET
fbem-22230	54	38	enterprise	enterprise	NOUN
fbem-22230	54	39	's	's	PART
fbem-22230	54	40	asset	asset	NOUN
fbem-22230	54	41	liquidity	liquidity	NOUN
fbem-22230	54	42	,	,	PUNCT
fbem-22230	54	43	based	base	VERB
fbem-22230	54	44	on	on	ADP
fbem-22230	54	45	the	the	DET
fbem-22230	54	46	short	short	ADJ
fbem-22230	54	47	-	-	PUNCT
fbem-22230	54	48	term	term	NOUN
fbem-22230	54	49	solvency	solvency	NOUN
fbem-22230	54	50	of	of	ADP
fbem-22230	54	51	the	the	DET
fbem-22230	54	52	enterprise	enterprise	NOUN
fbem-22230	54	53	,	,	PUNCT
fbem-22230	54	54	the	the	DET
fbem-22230	54	55	enterprise	enterprise	NOUN
fbem-22230	54	56	's	's	PART
fbem-22230	54	57	current	current	ADJ
fbem-22230	54	58	assets	asset	NOUN
fbem-22230	54	59	can	can	AUX
fbem-22230	54	60	be	be	AUX
fbem-22230	54	61	seen	see	VERB
fbem-22230	54	62	in	in	ADP
fbem-22230	54	63	the	the	DET
fbem-22230	54	64	quick	quick	ADJ
fbem-22230	54	65	ratio	ratio	NOUN
fbem-22230	54	66	of	of	ADP
fbem-22230	54	67	the	the	DET
fbem-22230	54	68	enterprise	enterprise	NOUN
fbem-22230	54	69	's	's	PART
fbem-22230	54	70	ability	ability	NOUN
fbem-22230	54	71	to	to	PART
fbem-22230	54	72	immediately	immediately	ADV
fbem-22230	54	73	realize	realize	VERB
fbem-22230	54	74	for	for	ADP
fbem-22230	54	75	the	the	DET
fbem-22230	54	76	repayment	repayment	NOUN
fbem-22230	54	77	of	of	ADP
fbem-22230	54	78	current	current	ADJ
fbem-22230	54	79	liabilities	liability	NOUN
fbem-22230	54	80	,	,	PUNCT
fbem-22230	54	81	and	and	CCONJ
fbem-22230	54	82	the	the	DET
fbem-22230	54	83	ability	ability	NOUN
fbem-22230	54	84	of	of	ADP
fbem-22230	54	85	the	the	DET
fbem-22230	54	86	enterprise	enterprise	NOUN
fbem-22230	54	87	to	to	PART
fbem-22230	54	88	reflect	reflect	VERB
fbem-22230	54	89	the	the	DET
fbem-22230	54	90	ability	ability	NOUN
fbem-22230	54	91	of	of	ADP
fbem-22230	54	92	the	the	DET
fbem-22230	54	93	enterprise	enterprise	NOUN
fbem-22230	54	94	to	to	PART
fbem-22230	54	95	directly	directly	ADV
fbem-22230	54	96	repay	repay	VERB
fbem-22230	54	97	current	current	ADJ
fbem-22230	54	98	liabilities	liability	NOUN
fbem-22230	54	99	of	of	ADP
fbem-22230	54	100	the	the	DET
fbem-22230	54	101	cash	cash	NOUN
fbem-22230	54	102	the	the	DET
fbem-22230	54	103	long	long	ADJ
fbem-22230	54	104	-	-	PUNCT
fbem-22230	54	105	term	term	NOUN
fbem-22230	54	106	solvency	solvency	NOUN
fbem-22230	54	107	and	and	CCONJ
fbem-22230	54	108	short	short	ADJ
fbem-22230	54	109	-	-	PUNCT
fbem-22230	54	110	term	term	NOUN
fbem-22230	54	111	solvency	solvency	NOUN
fbem-22230	54	112	of	of	ADP
fbem-22230	54	113	the	the	DET
fbem-22230	54	114	enterprise	enterprise	NOUN
fbem-22230	54	115	before	before	ADP
fbem-22230	54	116	and	and	CCONJ
fbem-22230	54	117	after	after	SCONJ
fbem-22230	54	118	the	the	DET
fbem-22230	54	119	stock	stock	NOUN
fbem-22230	54	120	incentive	incentive	NOUN
fbem-22230	54	121	plan	plan	NOUN
fbem-22230	54	122	were	be	AUX
fbem-22230	54	123	evaluated	evaluate	VERB
fbem-22230	54	124	.	.	PUNCT
fbem-22230	55	1	2.4.2	2.4.2	X
fbem-22230	55	2	.	.	PUNCT
fbem-22230	55	3	trend	trend	NOUN
fbem-22230	55	4	and	and	CCONJ
fbem-22230	55	5	analysis	analysis	NOUN
fbem-22230	55	6	of	of	ADP
fbem-22230	55	7	changes	change	NOUN
fbem-22230	55	8	in	in	ADP
fbem-22230	55	9	solvency	solvency	NOUN
fbem-22230	55	10	of	of	ADP
fbem-22230	55	11	bl	bl	PROPN
fbem-22230	55	12	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	55	13	before	before	ADV
fbem-22230	55	14	and	and	CCONJ
fbem-22230	55	15	after	after	ADP
fbem-22230	55	16	the	the	DET
fbem-22230	55	17	stock	stock	NOUN
fbem-22230	55	18	incentive	incentive	NOUN
fbem-22230	55	19	plan	plan	NOUN
fbem-22230	55	20	table	table	NOUN
fbem-22230	55	21	3	3	NUM
fbem-22230	55	22	.	.	PUNCT
fbem-22230	56	1	comparative	comparative	ADJ
fbem-22230	56	2	indicators	indicator	NOUN
fbem-22230	56	3	of	of	ADP
fbem-22230	56	4	solvency	solvency	NOUN
fbem-22230	56	5	before	before	ADP
fbem-22230	56	6	and	and	CCONJ
fbem-22230	56	7	after	after	ADP
fbem-22230	56	8	bl	bl	PROPN
fbem-22230	56	9	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	56	10	'	'	PART
fbem-22230	56	11	equity	equity	NOUN
fbem-22230	56	12	incentive	incentive	NOUN
fbem-22230	56	13	program	program	NOUN
fbem-22230	56	14	year	year	NOUN
fbem-22230	56	15	/	/	SYM
fbem-22230	56	16	indicators	indicator	NOUN
fbem-22230	56	17	cr	cr	X
fbem-22230	56	18	qr	qr	PROPN
fbem-22230	56	19	er	er	INTJ
fbem-22230	56	20	alr	alr	PROPN
fbem-22230	56	21	2017	2017	NUM
fbem-22230	56	22	9.58	9.58	NUM
fbem-22230	56	23	%	%	NOUN
fbem-22230	56	24	7.36	7.36	NUM
fbem-22230	56	25	%	%	NOUN
fbem-22230	56	26	93.72	93.72	NUM
fbem-22230	56	27	%	%	NOUN
fbem-22230	56	28	6.28	6.28	NUM
fbem-22230	56	29	%	%	NOUN
fbem-22230	56	30	2018	2018	NUM
fbem-22230	56	31	7.15	7.15	NUM
fbem-22230	56	32	%	%	NOUN
fbem-22230	56	33	5.63	5.63	NUM
fbem-22230	56	34	%	%	NOUN
fbem-22230	56	35	93.57	93.57	NUM
fbem-22230	56	36	%	%	NOUN
fbem-22230	56	37	6.43	6.43	NUM
fbem-22230	56	38	%	%	NOUN
fbem-22230	56	39	2019	2019	NUM
fbem-22230	56	40	4.38	4.38	NUM
fbem-22230	56	41	%	%	NOUN
fbem-22230	56	42	3.40	3.40	NUM
fbem-22230	56	43	%	%	NOUN
fbem-22230	56	44	89.33	89.33	NUM
fbem-22230	56	45	%	%	NOUN
fbem-22230	56	46	10.67	10.67	NUM
fbem-22230	56	47	%	%	NOUN
fbem-22230	56	48	2020	2020	NUM
fbem-22230	56	49	3.93	3.93	NUM
fbem-22230	56	50	%	%	NOUN
fbem-22230	56	51	3.59	3.59	NUM
fbem-22230	56	52	%	%	NOUN
fbem-22230	56	53	66.45	66.45	NUM
fbem-22230	56	54	%	%	NOUN
fbem-22230	56	55	33.55	33.55	NUM
fbem-22230	56	56	%	%	NOUN
fbem-22230	56	57	2021	2021	NUM
fbem-22230	56	58	4.57	4.57	NUM
fbem-22230	56	59	%	%	NOUN
fbem-22230	56	60	3.70	3.70	NUM
fbem-22230	56	61	%	%	NOUN
fbem-22230	56	62	71.82	71.82	NUM
fbem-22230	56	63	%	%	NOUN
fbem-22230	56	64	28.17	28.17	NUM
fbem-22230	56	65	%	%	NOUN
fbem-22230	56	66	2022	2022	NUM
fbem-22230	56	67	3.89	3.89	NUM
fbem-22230	56	68	%	%	NOUN
fbem-22230	56	69	2.98	2.98	NUM
fbem-22230	56	70	%	%	NOUN
fbem-22230	56	71	68.31	68.31	NUM
fbem-22230	56	72	%	%	NOUN
fbem-22230	56	73	31.69	31.69	NUM
fbem-22230	56	74	%	%	NOUN
fbem-22230	56	75	(	(	PUNCT
fbem-22230	56	76	1	1	NUM
fbem-22230	56	77	)	)	PUNCT
fbem-22230	56	78	as	as	ADV
fbem-22230	56	79	far	far	ADV
fbem-22230	56	80	as	as	SCONJ
fbem-22230	56	81	the	the	DET
fbem-22230	56	82	gearing	gearing	NOUN
fbem-22230	56	83	ratio	ratio	NOUN
fbem-22230	56	84	is	be	AUX
fbem-22230	56	85	concerned	concern	VERB
fbem-22230	57	1	,	,	PUNCT
fbem-22230	57	2	it	it	PRON
fbem-22230	57	3	remained	remain	VERB
fbem-22230	57	4	at	at	ADP
fbem-22230	57	5	a	a	DET
fbem-22230	57	6	stable	stable	ADJ
fbem-22230	57	7	level	level	NOUN
fbem-22230	57	8	from	from	ADP
fbem-22230	57	9	2017	2017	NUM
fbem-22230	57	10	to	to	ADP
fbem-22230	57	11	2018	2018	NUM
fbem-22230	57	12	,	,	PUNCT
fbem-22230	57	13	and	and	CCONJ
fbem-22230	57	14	the	the	DET
fbem-22230	57	15	gearing	gear	VERB
fbem-22230	57	16	ratio	ratio	NOUN
fbem-22230	57	17	showed	show	VERB
fbem-22230	57	18	an	an	DET
fbem-22230	57	19	upward	upward	ADJ
fbem-22230	57	20	trend	trend	NOUN
fbem-22230	57	21	during	during	ADP
fbem-22230	57	22	the	the	DET
fbem-22230	57	23	implementation	implementation	NOUN
fbem-22230	57	24	of	of	ADP
fbem-22230	57	25	the	the	DET
fbem-22230	57	26	equity	equity	NOUN
fbem-22230	57	27	incentive	incentive	PROPN
fbem-22230	57	28	plan	plan	NOUN
fbem-22230	57	29	,	,	PUNCT
fbem-22230	57	30	and	and	CCONJ
fbem-22230	57	31	it	it	PRON
fbem-22230	57	32	rose	rise	VERB
fbem-22230	57	33	in	in	ADP
fbem-22230	57	34	2019	2019	NUM
fbem-22230	57	35	because	because	SCONJ
fbem-22230	57	36	of	of	ADP
fbem-22230	57	37	the	the	DET
fbem-22230	57	38	further	further	ADJ
fbem-22230	57	39	expansion	expansion	NOUN
fbem-22230	57	40	of	of	ADP
fbem-22230	57	41	the	the	DET
fbem-22230	57	42	equity	equity	NOUN
fbem-22230	57	43	capital	capital	NOUN
fbem-22230	57	44	in	in	ADP
fbem-22230	57	45	that	that	DET
fbem-22230	57	46	year	year	NOUN
fbem-22230	57	47	,	,	PUNCT
fbem-22230	57	48	however	however	ADV
fbem-22230	57	49	,	,	PUNCT
fbem-22230	57	50	it	it	PRON
fbem-22230	57	51	was	be	AUX
fbem-22230	57	52	due	due	ADJ
fbem-22230	57	53	to	to	ADP
fbem-22230	57	54	the	the	DET
fbem-22230	57	55	impact	impact	NOUN
fbem-22230	57	56	of	of	ADP
fbem-22230	57	57	the	the	DET
fbem-22230	57	58	epidemic	epidemic	NOUN
fbem-22230	57	59	reasons	reason	NOUN
fbem-22230	57	60	from	from	ADP
fbem-22230	57	61	2020	2020	NUM
fbem-22230	57	62	to	to	ADP
fbem-22230	57	63	2022	2022	NUM
fbem-22230	57	64	,	,	PUNCT
fbem-22230	57	65	and	and	CCONJ
fbem-22230	57	66	the	the	DET
fbem-22230	57	67	company	company	NOUN
fbem-22230	57	68	publicly	publicly	ADV
fbem-22230	57	69	issued	issue	VERB
fbem-22230	57	70	a	a	DET
fbem-22230	57	71	convertible	convertible	ADJ
fbem-22230	57	72	loan	loan	NOUN
fbem-22230	57	73	in	in	ADP
fbem-22230	57	74	2020	2020	NUM
fbem-22230	57	75	,	,	PUNCT
fbem-22230	57	76	which	which	PRON
fbem-22230	57	77	was	be	AUX
fbem-22230	57	78	used	use	VERB
fbem-22230	57	79	for	for	ADP
fbem-22230	57	80	the	the	DET
fbem-22230	57	81	new	new	ADJ
fbem-22230	57	82	construction	construction	NOUN
fbem-22230	57	83	of	of	ADP
fbem-22230	57	84	the	the	DET
fbem-22230	57	85	cangzhou	cangzhou	NOUN
fbem-22230	57	86	solid	solid	ADJ
fbem-22230	57	87	preparation	preparation	NOUN
fbem-22230	57	88	workshop	workshop	NOUN
fbem-22230	57	89	project	project	NOUN
fbem-22230	57	90	,	,	PUNCT
fbem-22230	57	91	during	during	ADP
fbem-22230	57	92	this	this	DET
fbem-22230	57	93	period	period	NOUN
fbem-22230	57	94	,	,	PUNCT
fbem-22230	57	95	due	due	ADP
fbem-22230	57	96	to	to	ADP
fbem-22230	57	97	the	the	DET
fbem-22230	57	98	impact	impact	NOUN
fbem-22230	57	99	of	of	ADP
fbem-22230	57	100	the	the	DET
fbem-22230	57	101	national	national	ADJ
fbem-22230	57	102	collection	collection	NOUN
fbem-22230	57	103	,	,	PUNCT
fbem-22230	57	104	the	the	DET
fbem-22230	57	105	proportion	proportion	NOUN
fbem-22230	57	106	of	of	ADP
fbem-22230	57	107	research	research	NOUN
fbem-22230	57	108	and	and	CCONJ
fbem-22230	57	109	development	development	NOUN
fbem-22230	57	110	expenditure	expenditure	NOUN
fbem-22230	57	111	is	be	AUX
fbem-22230	57	112	larger	large	ADJ
fbem-22230	57	113	,	,	PUNCT
fbem-22230	57	114	the	the	DET
fbem-22230	57	115	sales	sale	NOUN
fbem-22230	57	116	price	price	NOUN
fbem-22230	57	117	declined	decline	VERB
fbem-22230	57	118	,	,	PUNCT
fbem-22230	57	119	the	the	DET
fbem-22230	57	120	gearing	gear	VERB
fbem-22230	57	121	ratio	ratio	NOUN
fbem-22230	57	122	only	only	ADV
fbem-22230	57	123	rose	rise	VERB
fbem-22230	57	124	.	.	PUNCT
fbem-22230	58	1	overall	overall	ADV
fbem-22230	58	2	,	,	PUNCT
fbem-22230	58	3	in	in	ADP
fbem-22230	58	4	the	the	DET
fbem-22230	58	5	year	year	NOUN
fbem-22230	58	6	of	of	ADP
fbem-22230	58	7	implementation	implementation	NOUN
fbem-22230	58	8	of	of	ADP
fbem-22230	58	9	the	the	DET
fbem-22230	58	10	equity	equity	NOUN
fbem-22230	58	11	incentive	incentive	PROPN
fbem-22230	58	12	plan	plan	NOUN
fbem-22230	58	13	,	,	PUNCT
fbem-22230	58	14	the	the	DET
fbem-22230	58	15	gearing	gear	VERB
fbem-22230	58	16	ratio	ratio	NOUN
fbem-22230	58	17	fluctuated	fluctuate	VERB
fbem-22230	58	18	within	within	ADP
fbem-22230	58	19	the	the	DET
fbem-22230	58	20	normal	normal	ADJ
fbem-22230	58	21	range	range	NOUN
fbem-22230	58	22	,	,	PUNCT
fbem-22230	58	23	indicating	indicate	VERB
fbem-22230	58	24	that	that	SCONJ
fbem-22230	58	25	the	the	DET
fbem-22230	58	26	investment	investment	NOUN
fbem-22230	58	27	structure	structure	NOUN
fbem-22230	58	28	is	be	AUX
fbem-22230	58	29	more	more	ADV
fbem-22230	58	30	reasonable	reasonable	ADJ
fbem-22230	58	31	after	after	ADP
fbem-22230	58	32	implementation	implementation	NOUN
fbem-22230	58	33	[	[	X
fbem-22230	58	34	7	7	NUM
fbem-22230	58	35	]	]	PUNCT
fbem-22230	58	36	.	.	PUNCT
fbem-22230	59	1	(	(	PUNCT
fbem-22230	59	2	2	2	X
fbem-22230	59	3	)	)	PUNCT
fbem-22230	59	4	as	as	ADV
fbem-22230	59	5	far	far	ADV
fbem-22230	59	6	as	as	SCONJ
fbem-22230	59	7	the	the	DET
fbem-22230	59	8	current	current	ADJ
fbem-22230	59	9	ratio	ratio	NOUN
fbem-22230	59	10	and	and	CCONJ
fbem-22230	59	11	quick	quick	ADJ
fbem-22230	59	12	ratio	ratio	NOUN
fbem-22230	59	13	are	be	AUX
fbem-22230	59	14	concerned	concern	VERB
fbem-22230	59	15	,	,	PUNCT
fbem-22230	59	16	the	the	DET
fbem-22230	59	17	overall	overall	ADJ
fbem-22230	59	18	trend	trend	NOUN
fbem-22230	59	19	is	be	AUX
fbem-22230	59	20	a	a	DET
fbem-22230	59	21	gradual	gradual	ADJ
fbem-22230	59	22	decline	decline	NOUN
fbem-22230	59	23	,	,	PUNCT
fbem-22230	59	24	with	with	ADP
fbem-22230	59	25	a	a	DET
fbem-22230	59	26	larger	large	ADJ
fbem-22230	59	27	fluctuation	fluctuation	NOUN
fbem-22230	59	28	in	in	ADP
fbem-22230	59	29	2019	2019	NUM
fbem-22230	59	30	compared	compare	VERB
fbem-22230	59	31	to	to	ADP
fbem-22230	59	32	the	the	DET
fbem-22230	59	33	previous	previous	ADJ
fbem-22230	59	34	year	year	NOUN
fbem-22230	59	35	.	.	PUNCT
fbem-22230	60	1	despite	despite	SCONJ
fbem-22230	60	2	the	the	DET
fbem-22230	60	3	declining	decline	VERB
fbem-22230	60	4	trend	trend	NOUN
fbem-22230	60	5	,	,	PUNCT
fbem-22230	60	6	the	the	DET
fbem-22230	60	7	current	current	ADJ
fbem-22230	60	8	and	and	CCONJ
fbem-22230	60	9	quick	quick	ADJ
fbem-22230	60	10	ratios	ratio	NOUN
fbem-22230	60	11	of	of	ADP
fbem-22230	60	12	the	the	DET
fbem-22230	60	13	company	company	NOUN
fbem-22230	60	14	are	be	AUX
fbem-22230	60	15	still	still	ADV
fbem-22230	60	16	higher	high	ADJ
fbem-22230	60	17	than	than	ADP
fbem-22230	60	18	the	the	DET
fbem-22230	60	19	level	level	NOUN
fbem-22230	60	20	of	of	ADP
fbem-22230	60	21	the	the	DET
fbem-22230	60	22	industry	industry	NOUN
fbem-22230	60	23	,	,	PUNCT
fbem-22230	60	24	especially	especially	ADV
fbem-22230	60	25	after	after	ADP
fbem-22230	60	26	the	the	DET
fbem-22230	60	27	implementation	implementation	NOUN
fbem-22230	60	28	of	of	ADP
fbem-22230	60	29	the	the	DET
fbem-22230	60	30	equity	equity	NOUN
fbem-22230	60	31	incentive	incentive	PROPN
fbem-22230	60	32	plan	plan	NOUN
fbem-22230	60	33	,	,	PUNCT
fbem-22230	60	34	the	the	DET
fbem-22230	60	35	gap	gap	NOUN
fbem-22230	60	36	is	be	AUX
fbem-22230	60	37	gradually	gradually	ADV
fbem-22230	60	38	widening	widen	VERB
fbem-22230	60	39	.	.	PUNCT
fbem-22230	61	1	(	(	PUNCT
fbem-22230	61	2	3	3	X
fbem-22230	61	3	)	)	PUNCT
fbem-22230	61	4	as	as	ADV
fbem-22230	61	5	far	far	ADV
fbem-22230	61	6	as	as	SCONJ
fbem-22230	61	7	the	the	DET
fbem-22230	61	8	shareholders	shareholder	NOUN
fbem-22230	61	9	'	'	PART
fbem-22230	61	10	equity	equity	NOUN
fbem-22230	61	11	ratio	ratio	NOUN
fbem-22230	61	12	is	be	AUX
fbem-22230	61	13	concerned	concern	VERB
fbem-22230	61	14	,	,	PUNCT
fbem-22230	61	15	it	it	PRON
fbem-22230	61	16	is	be	AUX
fbem-22230	61	17	within	within	ADP
fbem-22230	61	18	the	the	DET
fbem-22230	61	19	normal	normal	ADJ
fbem-22230	61	20	range	range	NOUN
fbem-22230	61	21	of	of	ADP
fbem-22230	61	22	variation	variation	NOUN
fbem-22230	61	23	from	from	ADP
fbem-22230	61	24	2017	2017	NUM
fbem-22230	61	25	to	to	ADP
fbem-22230	61	26	2022	2022	NUM
fbem-22230	61	27	,	,	PUNCT
fbem-22230	61	28	showing	show	VERB
fbem-22230	61	29	a	a	DET
fbem-22230	61	30	stable	stable	ADJ
fbem-22230	61	31	trend	trend	NOUN
fbem-22230	61	32	in	in	ADP
fbem-22230	61	33	the	the	DET
fbem-22230	61	34	first	first	ADJ
fbem-22230	61	35	two	two	NUM
fbem-22230	61	36	years	year	NOUN
fbem-22230	61	37	,	,	PUNCT
fbem-22230	61	38	a	a	DET
fbem-22230	61	39	significant	significant	ADJ
fbem-22230	61	40	71	71	NUM
fbem-22230	61	41	decline	decline	NOUN
fbem-22230	61	42	in	in	ADP
fbem-22230	61	43	2019	2019	NUM
fbem-22230	61	44	,	,	PUNCT
fbem-22230	61	45	another	another	DET
fbem-22230	61	46	decline	decline	NOUN
fbem-22230	61	47	in	in	ADP
fbem-22230	61	48	2020	2020	NUM
fbem-22230	61	49	due	due	ADP
fbem-22230	61	50	to	to	ADP
fbem-22230	61	51	the	the	DET
fbem-22230	61	52	impact	impact	NOUN
fbem-22230	61	53	of	of	ADP
fbem-22230	61	54	the	the	DET
fbem-22230	61	55	epidemic	epidemic	NOUN
fbem-22230	61	56	,	,	PUNCT
fbem-22230	61	57	and	and	CCONJ
fbem-22230	61	58	a	a	DET
fbem-22230	61	59	small	small	ADJ
fbem-22230	61	60	rebound	rebound	NOUN
fbem-22230	61	61	in	in	ADP
fbem-22230	61	62	2021	2021	NUM
fbem-22230	61	63	.	.	PUNCT
fbem-22230	62	1	after	after	ADP
fbem-22230	62	2	the	the	DET
fbem-22230	62	3	implementation	implementation	NOUN
fbem-22230	62	4	of	of	ADP
fbem-22230	62	5	the	the	DET
fbem-22230	62	6	company	company	NOUN
fbem-22230	62	7	's	's	PART
fbem-22230	62	8	equity	equity	NOUN
fbem-22230	62	9	incentive	incentive	PROPN
fbem-22230	62	10	plan	plan	NOUN
fbem-22230	62	11	,	,	PUNCT
fbem-22230	62	12	this	this	DET
fbem-22230	62	13	indicator	indicator	NOUN
fbem-22230	62	14	declined	decline	VERB
fbem-22230	62	15	low	low	ADJ
fbem-22230	62	16	instead	instead	ADV
fbem-22230	62	17	of	of	ADP
fbem-22230	62	18	rising	rise	VERB
fbem-22230	62	19	,	,	PUNCT
fbem-22230	62	20	indicating	indicate	VERB
fbem-22230	62	21	that	that	SCONJ
fbem-22230	62	22	the	the	DET
fbem-22230	62	23	company	company	NOUN
fbem-22230	62	24	's	's	PART
fbem-22230	62	25	liquid	liquid	ADJ
fbem-22230	62	26	assets	asset	NOUN
fbem-22230	62	27	are	be	AUX
fbem-22230	62	28	well	well	ADV
fbem-22230	62	29	utilized	utilize	VERB
fbem-22230	62	30	.	.	PUNCT
fbem-22230	63	1	compared	compare	VERB
fbem-22230	63	2	with	with	ADP
fbem-22230	63	3	the	the	DET
fbem-22230	63	4	average	average	ADJ
fbem-22230	63	5	level	level	NOUN
fbem-22230	63	6	of	of	ADP
fbem-22230	63	7	the	the	DET
fbem-22230	63	8	pharmaceutical	pharmaceutical	NOUN
fbem-22230	63	9	industry	industry	NOUN
fbem-22230	63	10	during	during	ADP
fbem-22230	63	11	the	the	DET
fbem-22230	63	12	same	same	ADJ
fbem-22230	63	13	period	period	NOUN
fbem-22230	63	14	,	,	PUNCT
fbem-22230	63	15	bl	bl	PROPN
fbem-22230	63	16	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	63	17	'	'	PART
fbem-22230	63	18	debt	debt	NOUN
fbem-22230	63	19	level	level	NOUN
fbem-22230	63	20	was	be	AUX
fbem-22230	63	21	low	low	ADJ
fbem-22230	63	22	in	in	ADP
fbem-22230	63	23	the	the	DET
fbem-22230	63	24	year	year	NOUN
fbem-22230	63	25	of	of	ADP
fbem-22230	63	26	implementation	implementation	NOUN
fbem-22230	63	27	,	,	PUNCT
fbem-22230	63	28	and	and	CCONJ
fbem-22230	63	29	the	the	DET
fbem-22230	63	30	company	company	NOUN
fbem-22230	63	31	could	could	AUX
fbem-22230	63	32	not	not	PART
fbem-22230	63	33	talk	talk	VERB
fbem-22230	63	34	about	about	ADP
fbem-22230	63	35	the	the	DET
fbem-22230	63	36	existence	existence	NOUN
fbem-22230	63	37	or	or	CCONJ
fbem-22230	63	38	improvement	improvement	NOUN
fbem-22230	63	39	of	of	ADP
fbem-22230	63	40	the	the	DET
fbem-22230	63	41	debt	debt	NOUN
fbem-22230	63	42	service	service	NOUN
fbem-22230	63	43	risk	risk	NOUN
fbem-22230	63	44	.	.	PUNCT
fbem-22230	64	1	2020	2020	NUM
fbem-22230	64	2	issue	issue	NOUN
fbem-22230	64	3	of	of	ADP
fbem-22230	64	4	convertible	convertible	ADJ
fbem-22230	64	5	bonds	bond	NOUN
fbem-22230	64	6	to	to	PART
fbem-22230	64	7	raise	raise	VERB
fbem-22230	64	8	funds	fund	NOUN
fbem-22230	64	9	of	of	ADP
fbem-22230	64	10	up	up	ADP
fbem-22230	64	11	to	to	PART
fbem-22230	64	12	1.5	1.5	NUM
fbem-22230	64	13	billion	billion	NUM
fbem-22230	64	14	yuan	yuan	NOUN
fbem-22230	64	15	,	,	PUNCT
fbem-22230	64	16	resulting	result	VERB
fbem-22230	64	17	in	in	ADP
fbem-22230	64	18	a	a	DET
fbem-22230	64	19	substantial	substantial	ADJ
fbem-22230	64	20	increase	increase	NOUN
fbem-22230	64	21	in	in	ADP
fbem-22230	64	22	the	the	DET
fbem-22230	64	23	debt	debt	NOUN
fbem-22230	64	24	ratio	ratio	NOUN
fbem-22230	64	25	,	,	PUNCT
fbem-22230	64	26	but	but	CCONJ
fbem-22230	64	27	through	through	ADP
fbem-22230	64	28	the	the	DET
fbem-22230	64	29	cangzhou	cangzhou	NOUN
fbem-22230	64	30	solid	solid	ADJ
fbem-22230	64	31	preparations	preparation	NOUN
fbem-22230	64	32	of	of	ADP
fbem-22230	64	33	the	the	DET
fbem-22230	64	34	new	new	ADJ
fbem-22230	64	35	workshop	workshop	NOUN
fbem-22230	64	36	project	project	NOUN
fbem-22230	64	37	,	,	PUNCT
fbem-22230	64	38	the	the	DET
fbem-22230	64	39	company	company	NOUN
fbem-22230	64	40	's	's	PART
fbem-22230	64	41	marketing	marketing	NOUN
fbem-22230	64	42	and	and	CCONJ
fbem-22230	64	43	management	management	NOUN
fbem-22230	64	44	capabilities	capability	NOUN
fbem-22230	64	45	have	have	AUX
fbem-22230	64	46	been	be	AUX
fbem-22230	64	47	strengthened	strengthen	VERB
fbem-22230	64	48	to	to	PART
fbem-22230	64	49	maintain	maintain	VERB
fbem-22230	64	50	the	the	DET
fbem-22230	64	51	competitiveness	competitiveness	NOUN
fbem-22230	64	52	of	of	ADP
fbem-22230	64	53	products	product	NOUN
fbem-22230	64	54	in	in	ADP
fbem-22230	64	55	the	the	DET
fbem-22230	64	56	market	market	NOUN
fbem-22230	64	57	,	,	PUNCT
fbem-22230	64	58	in	in	ADP
fbem-22230	64	59	stark	stark	ADJ
fbem-22230	64	60	contrast	contrast	NOUN
fbem-22230	64	61	to	to	ADP
fbem-22230	64	62	the	the	DET
fbem-22230	64	63	average	average	ADJ
fbem-22230	64	64	level	level	NOUN
fbem-22230	64	65	of	of	ADP
fbem-22230	64	66	the	the	DET
fbem-22230	64	67	industry	industry	NOUN
fbem-22230	64	68	.	.	PUNCT
fbem-22230	65	1	formed	form	VERB
fbem-22230	65	2	a	a	DET
fbem-22230	65	3	sharp	sharp	ADJ
fbem-22230	65	4	contrast	contrast	NOUN
fbem-22230	65	5	.	.	PUNCT
fbem-22230	66	1	2.5	2.5	NUM
fbem-22230	66	2	.	.	PUNCT
fbem-22230	67	1	comparative	comparative	ADJ
fbem-22230	67	2	analysis	analysis	NOUN
fbem-22230	67	3	of	of	ADP
fbem-22230	67	4	bl	bl	PROPN
fbem-22230	67	5	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	67	6	'	'	PART
fbem-22230	67	7	growth	growth	NOUN
fbem-22230	67	8	capacity	capacity	NOUN
fbem-22230	67	9	before	before	ADV
fbem-22230	67	10	and	and	CCONJ
fbem-22230	67	11	after	after	ADP
fbem-22230	67	12	stock	stock	NOUN
fbem-22230	67	13	incentive	incentive	NOUN
fbem-22230	67	14	plan	plan	NOUN
fbem-22230	67	15	2.5.1	2.5.1	NUM
fbem-22230	67	16	.	.	PUNCT
fbem-22230	68	1	selection	selection	NOUN
fbem-22230	68	2	of	of	ADP
fbem-22230	68	3	growth	growth	NOUN
fbem-22230	68	4	capacity	capacity	NOUN
fbem-22230	68	5	indicators	indicator	NOUN
fbem-22230	68	6	the	the	DET
fbem-22230	68	7	development	development	NOUN
fbem-22230	68	8	speed	speed	NOUN
fbem-22230	68	9	and	and	CCONJ
fbem-22230	68	10	stability	stability	NOUN
fbem-22230	68	11	of	of	ADP
fbem-22230	68	12	an	an	DET
fbem-22230	68	13	enterprise	enterprise	NOUN
fbem-22230	68	14	determines	determine	VERB
fbem-22230	68	15	its	its	PRON
fbem-22230	68	16	growth	growth	NOUN
fbem-22230	68	17	capacity	capacity	NOUN
fbem-22230	68	18	.	.	PUNCT
fbem-22230	69	1	in	in	ADP
fbem-22230	69	2	order	order	NOUN
fbem-22230	69	3	to	to	PART
fbem-22230	69	4	survive	survive	VERB
fbem-22230	69	5	,	,	PUNCT
fbem-22230	69	6	compete	compete	VERB
fbem-22230	69	7	and	and	CCONJ
fbem-22230	69	8	continue	continue	VERB
fbem-22230	69	9	to	to	PART
fbem-22230	69	10	operate	operate	VERB
fbem-22230	69	11	,	,	PUNCT
fbem-22230	69	12	an	an	DET
fbem-22230	69	13	enterprise	enterprise	NOUN
fbem-22230	69	14	needs	need	VERB
fbem-22230	69	15	to	to	PART
fbem-22230	69	16	judge	judge	VERB
fbem-22230	69	17	its	its	PRON
fbem-22230	69	18	own	own	ADJ
fbem-22230	69	19	development	development	NOUN
fbem-22230	69	20	ability	ability	NOUN
fbem-22230	69	21	in	in	ADP
fbem-22230	69	22	the	the	DET
fbem-22230	69	23	coming	come	VERB
fbem-22230	69	24	period	period	NOUN
fbem-22230	69	25	,	,	PUNCT
fbem-22230	69	26	the	the	DET
fbem-22230	69	27	competitive	competitive	ADJ
fbem-22230	69	28	environment	environment	NOUN
fbem-22230	69	29	and	and	CCONJ
fbem-22230	69	30	industry	industry	NOUN
fbem-22230	69	31	position	position	NOUN
fbem-22230	69	32	it	it	PRON
fbem-22230	69	33	is	be	AUX
fbem-22230	69	34	in	in	ADP
fbem-22230	69	35	and	and	CCONJ
fbem-22230	69	36	the	the	DET
fbem-22230	69	37	development	development	NOUN
fbem-22230	69	38	opportunities	opportunity	NOUN
fbem-22230	69	39	it	it	PRON
fbem-22230	69	40	faces	face	VERB
fbem-22230	69	41	,	,	PUNCT
fbem-22230	69	42	and	and	CCONJ
fbem-22230	69	43	the	the	DET
fbem-22230	69	44	analysis	analysis	NOUN
fbem-22230	69	45	and	and	CCONJ
fbem-22230	69	46	judgment	judgment	NOUN
fbem-22230	69	47	of	of	ADP
fbem-22230	69	48	an	an	DET
fbem-22230	69	49	enterprise	enterprise	NOUN
fbem-22230	69	50	's	's	PART
fbem-22230	69	51	growth	growth	NOUN
fbem-22230	69	52	ability	ability	NOUN
fbem-22230	69	53	plays	play	VERB
fbem-22230	69	54	an	an	DET
fbem-22230	69	55	important	important	ADJ
fbem-22230	69	56	role	role	NOUN
fbem-22230	69	57	in	in	ADP
fbem-22230	69	58	its	its	PRON
fbem-22230	69	59	operation	operation	NOUN
fbem-22230	69	60	ability	ability	NOUN
fbem-22230	69	61	and	and	CCONJ
fbem-22230	69	62	development	development	NOUN
fbem-22230	69	63	ability	ability	NOUN
fbem-22230	69	64	[	[	X
fbem-22230	69	65	8	8	NUM
fbem-22230	69	66	]	]	PUNCT
fbem-22230	69	67	.	.	PUNCT
fbem-22230	70	1	in	in	ADP
fbem-22230	70	2	this	this	DET
fbem-22230	70	3	paper	paper	NOUN
fbem-22230	70	4	,	,	PUNCT
fbem-22230	70	5	the	the	DET
fbem-22230	70	6	following	follow	VERB
fbem-22230	70	7	four	four	NUM
fbem-22230	70	8	indicators	indicator	NOUN
fbem-22230	70	9	are	be	AUX
fbem-22230	70	10	selected	select	VERB
fbem-22230	70	11	to	to	PART
fbem-22230	70	12	measure	measure	VERB
fbem-22230	70	13	the	the	DET
fbem-22230	70	14	growth	growth	NOUN
fbem-22230	70	15	capacity	capacity	NOUN
fbem-22230	70	16	of	of	ADP
fbem-22230	70	17	enterprises	enterprise	NOUN
fbem-22230	70	18	,	,	PUNCT
fbem-22230	70	19	namely	namely	ADV
fbem-22230	70	20	,	,	PUNCT
fbem-22230	70	21	the	the	DET
fbem-22230	70	22	growth	growth	NOUN
fbem-22230	70	23	rate	rate	NOUN
fbem-22230	70	24	of	of	ADP
fbem-22230	70	25	total	total	ADJ
fbem-22230	70	26	assets	asset	NOUN
fbem-22230	70	27	which	which	PRON
fbem-22230	70	28	reflects	reflect	VERB
fbem-22230	70	29	the	the	DET
fbem-22230	70	30	growth	growth	NOUN
fbem-22230	70	31	of	of	ADP
fbem-22230	70	32	the	the	DET
fbem-22230	70	33	enterprise	enterprise	NOUN
fbem-22230	70	34	's	's	PART
fbem-22230	70	35	asset	asset	NOUN
fbem-22230	70	36	scale	scale	NOUN
fbem-22230	70	37	in	in	ADP
fbem-22230	70	38	the	the	DET
fbem-22230	70	39	current	current	ADJ
fbem-22230	70	40	period	period	NOUN
fbem-22230	70	41	,	,	PUNCT
fbem-22230	70	42	the	the	DET
fbem-22230	70	43	growth	growth	NOUN
fbem-22230	70	44	rate	rate	NOUN
fbem-22230	70	45	of	of	ADP
fbem-22230	70	46	net	net	ADJ
fbem-22230	70	47	profit	profit	NOUN
fbem-22230	70	48	which	which	PRON
fbem-22230	70	49	measures	measure	VERB
fbem-22230	70	50	the	the	DET
fbem-22230	70	51	enterprise	enterprise	NOUN
fbem-22230	70	52	's	's	PART
fbem-22230	70	53	operating	operating	NOUN
fbem-22230	70	54	results	result	NOUN
fbem-22230	70	55	and	and	CCONJ
fbem-22230	70	56	economic	economic	ADJ
fbem-22230	70	57	efficiency	efficiency	NOUN
fbem-22230	70	58	,	,	PUNCT
fbem-22230	70	59	the	the	DET
fbem-22230	70	60	growth	growth	NOUN
fbem-22230	70	61	rate	rate	NOUN
fbem-22230	70	62	of	of	ADP
fbem-22230	70	63	the	the	DET
fbem-22230	70	64	main	main	ADJ
fbem-22230	70	65	business	business	NOUN
fbem-22230	70	66	income	income	NOUN
fbem-22230	70	67	which	which	PRON
fbem-22230	70	68	measures	measure	VERB
fbem-22230	70	69	the	the	DET
fbem-22230	70	70	life	life	NOUN
fbem-22230	70	71	cycle	cycle	NOUN
fbem-22230	70	72	of	of	ADP
fbem-22230	70	73	the	the	DET
fbem-22230	70	74	company	company	NOUN
fbem-22230	70	75	's	's	PART
fbem-22230	70	76	products	product	NOUN
fbem-22230	70	77	and	and	CCONJ
fbem-22230	70	78	determines	determine	VERB
fbem-22230	70	79	the	the	DET
fbem-22230	70	80	stage	stage	NOUN
fbem-22230	70	81	of	of	ADP
fbem-22230	70	82	the	the	DET
fbem-22230	70	83	company	company	NOUN
fbem-22230	70	84	's	's	PART
fbem-22230	70	85	development	development	NOUN
fbem-22230	70	86	,	,	PUNCT
fbem-22230	70	87	and	and	CCONJ
fbem-22230	70	88	the	the	DET
fbem-22230	70	89	expansion	expansion	NOUN
fbem-22230	70	90	rate	rate	NOUN
fbem-22230	70	91	of	of	ADP
fbem-22230	70	92	the	the	DET
fbem-22230	70	93	enterprise	enterprise	NOUN
fbem-22230	70	94	's	's	PART
fbem-22230	70	95	capital	capital	NOUN
fbem-22230	70	96	scale	scale	NOUN
fbem-22230	70	97	which	which	PRON
fbem-22230	70	98	reflects	reflect	VERB
fbem-22230	70	99	the	the	DET
fbem-22230	70	100	expansion	expansion	NOUN
fbem-22230	70	101	rate	rate	NOUN
fbem-22230	70	102	of	of	ADP
fbem-22230	70	103	the	the	DET
fbem-22230	70	104	enterprise	enterprise	NOUN
fbem-22230	70	105	's	's	PART
fbem-22230	70	106	capital	capital	NOUN
fbem-22230	70	107	scale	scale	NOUN
fbem-22230	70	108	,	,	PUNCT
fbem-22230	70	109	and	and	CCONJ
fbem-22230	70	110	is	be	AUX
fbem-22230	70	111	an	an	DET
fbem-22230	70	112	important	important	ADJ
fbem-22230	70	113	indicator	indicator	NOUN
fbem-22230	70	114	to	to	PART
fbem-22230	70	115	measure	measure	VERB
fbem-22230	70	116	the	the	DET
fbem-22230	70	117	change	change	NOUN
fbem-22230	70	118	of	of	ADP
fbem-22230	70	119	the	the	DET
fbem-22230	70	120	total	total	ADJ
fbem-22230	70	121	scale	scale	NOUN
fbem-22230	70	122	of	of	ADP
fbem-22230	70	123	the	the	DET
fbem-22230	70	124	enterprise	enterprise	NOUN
fbem-22230	70	125	and	and	CCONJ
fbem-22230	70	126	its	its	PRON
fbem-22230	70	127	growth	growth	NOUN
fbem-22230	70	128	status	status	NOUN
fbem-22230	70	129	.	.	PUNCT
fbem-22230	71	1	net	net	ADJ
fbem-22230	71	2	assets	asset	NOUN
fbem-22230	71	3	growth	growth	NOUN
fbem-22230	71	4	rate	rate	NOUN
fbem-22230	71	5	is	be	AUX
fbem-22230	71	6	an	an	DET
fbem-22230	71	7	important	important	ADJ
fbem-22230	71	8	indicator	indicator	NOUN
fbem-22230	71	9	to	to	PART
fbem-22230	71	10	measure	measure	VERB
fbem-22230	71	11	the	the	DET
fbem-22230	71	12	change	change	NOUN
fbem-22230	71	13	of	of	ADP
fbem-22230	71	14	the	the	DET
fbem-22230	71	15	total	total	ADJ
fbem-22230	71	16	scale	scale	NOUN
fbem-22230	71	17	and	and	CCONJ
fbem-22230	71	18	growth	growth	NOUN
fbem-22230	71	19	of	of	ADP
fbem-22230	71	20	the	the	DET
fbem-22230	71	21	enterprise	enterprise	NOUN
fbem-22230	71	22	[	[	X
fbem-22230	71	23	9	9	NUM
fbem-22230	71	24	]	]	SYM
fbem-22230	71	25	.	.	PUNCT
fbem-22230	72	1	2.5.2	2.5.2	NUM
fbem-22230	72	2	.	.	PUNCT
fbem-22230	72	3	trend	trend	NOUN
fbem-22230	72	4	and	and	CCONJ
fbem-22230	72	5	analysis	analysis	NOUN
fbem-22230	72	6	of	of	ADP
fbem-22230	72	7	changes	change	NOUN
fbem-22230	72	8	in	in	ADP
fbem-22230	72	9	bl	bl	PROPN
fbem-22230	72	10	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	72	11	'	'	PART
fbem-22230	72	12	growth	growth	NOUN
fbem-22230	72	13	capacity	capacity	NOUN
fbem-22230	72	14	before	before	ADV
fbem-22230	72	15	and	and	CCONJ
fbem-22230	72	16	after	after	ADP
fbem-22230	72	17	the	the	DET
fbem-22230	72	18	stock	stock	NOUN
fbem-22230	72	19	incentive	incentive	NOUN
fbem-22230	72	20	plan	plan	NOUN
fbem-22230	72	21	table	table	NOUN
fbem-22230	72	22	4	4	NUM
fbem-22230	72	23	.	.	PUNCT
fbem-22230	72	24	comparative	comparative	ADJ
fbem-22230	72	25	indicators	indicator	NOUN
fbem-22230	72	26	of	of	ADP
fbem-22230	72	27	development	development	NOUN
fbem-22230	72	28	capacity	capacity	NOUN
fbem-22230	72	29	before	before	ADV
fbem-22230	72	30	and	and	CCONJ
fbem-22230	72	31	after	after	ADP
fbem-22230	72	32	bl	bl	PROPN
fbem-22230	72	33	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	72	34	'	'	PART
fbem-22230	72	35	share	share	NOUN
fbem-22230	72	36	incentive	incentive	NOUN
fbem-22230	72	37	program	program	NOUN
fbem-22230	72	38	year	year	NOUN
fbem-22230	72	39	/	/	SYM
fbem-22230	72	40	indi	indi	PROPN
fbem-22230	72	41	cators	cator	NOUN
fbem-22230	72	42	agr	agr	INTJ
fbem-22230	72	43	g	g	PROPN
fbem-22230	72	44	morg	morg	PROPN
fbem-22230	72	45	roe	roe	PROPN
fbem-22230	72	46	2017	2017	NUM
fbem-22230	72	47	19.33	19.33	NUM
fbem-22230	72	48	%	%	NOUN
fbem-22230	72	49	666.31	666.31	NUM
fbem-22230	72	50	%	%	NOUN
fbem-22230	72	51	4.75	4.75	NUM
fbem-22230	72	52	%	%	NOUN
fbem-22230	72	53	18.58	18.58	NUM
fbem-22230	72	54	%	%	NOUN
fbem-22230	72	55	2018	2018	NUM
fbem-22230	72	56	12.96	12.96	NUM
fbem-22230	72	57	%	%	NOUN
fbem-22230	72	58	24.36	24.36	NUM
fbem-22230	72	59	%	%	NOUN
fbem-22230	72	60	16.37	16.37	NUM
fbem-22230	72	61	%	%	NOUN
fbem-22230	72	62	12.77	12.77	NUM
fbem-22230	72	63	%	%	NOUN
fbem-22230	72	64	2019	2019	NUM
fbem-22230	72	65	26.00	26.00	NUM
fbem-22230	72	66	%	%	NOUN
fbem-22230	72	67	131.75	131.75	NUM
fbem-22230	72	68	%	%	NOUN
fbem-22230	72	69	34.71	34.71	NUM
fbem-22230	72	70	%	%	NOUN
fbem-22230	72	71	20.29	20.29	NUM
fbem-22230	72	72	%	%	NOUN
fbem-22230	72	73	2020	2020	NUM
fbem-22230	72	74	75.36	75.36	NUM
fbem-22230	72	75	%	%	NOUN
fbem-22230	72	76	-55.03	-55.03	NOUN
fbem-22230	72	77	%	%	NOUN
fbem-22230	72	78	1.00	1.00	NUM
fbem-22230	72	79	%	%	NOUN
fbem-22230	72	80	30.44	30.44	NUM
fbem-22230	72	81	%	%	NOUN
fbem-22230	72	82	2021	2021	NUM
fbem-22230	72	83	1.99	1.99	NUM
fbem-22230	72	84	%	%	NOUN
fbem-22230	73	1	-28.38	-28.38	NOUN
fbem-22230	73	2	%	%	NOUN
fbem-22230	73	3	3.94	3.94	NUM
fbem-22230	73	4	%	%	NOUN
fbem-22230	73	5	10.25	10.25	NUM
fbem-22230	73	6	%	%	NOUN
fbem-22230	73	7	2022	2022	NUM
fbem-22230	73	8	-3.06	-3.06	NUM
fbem-22230	73	9	%	%	NOUN
fbem-22230	73	10	-104.19	-104.19	NOUN
fbem-22230	73	11	%	%	NOUN
fbem-22230	73	12	-10.94	-10.94	NOUN
fbem-22230	73	13	%	%	NOUN
fbem-22230	73	14	-7.80	-7.80	NUM
fbem-22230	73	15	%	%	NOUN
fbem-22230	73	16	(	(	PUNCT
fbem-22230	73	17	1	1	NUM
fbem-22230	73	18	)	)	PUNCT
fbem-22230	73	19	with	with	ADP
fbem-22230	73	20	respect	respect	NOUN
fbem-22230	73	21	to	to	ADP
fbem-22230	73	22	the	the	DET
fbem-22230	73	23	growth	growth	NOUN
fbem-22230	73	24	rate	rate	NOUN
fbem-22230	73	25	of	of	ADP
fbem-22230	73	26	revenue	revenue	NOUN
fbem-22230	73	27	from	from	ADP
fbem-22230	73	28	main	main	ADJ
fbem-22230	73	29	business	business	NOUN
fbem-22230	73	30	and	and	CCONJ
fbem-22230	73	31	net	net	ADJ
fbem-22230	73	32	profit	profit	NOUN
fbem-22230	73	33	,	,	PUNCT
fbem-22230	73	34	from	from	ADP
fbem-22230	73	35	2018	2018	NUM
fbem-22230	73	36	to	to	ADP
fbem-22230	73	37	2022	2022	NUM
fbem-22230	73	38	,	,	PUNCT
fbem-22230	73	39	the	the	DET
fbem-22230	73	40	trend	trend	NOUN
fbem-22230	73	41	of	of	ADP
fbem-22230	73	42	first	first	ADJ
fbem-22230	73	43	increase	increase	NOUN
fbem-22230	74	1	and	and	CCONJ
fbem-22230	74	2	then	then	ADV
fbem-22230	74	3	decrease	decrease	NOUN
fbem-22230	74	4	was	be	AUX
fbem-22230	74	5	presented	present	VERB
fbem-22230	74	6	,	,	PUNCT
fbem-22230	74	7	and	and	CCONJ
fbem-22230	74	8	hit	hit	VERB
fbem-22230	74	9	a	a	DET
fbem-22230	74	10	new	new	ADJ
fbem-22230	74	11	high	high	NOUN
fbem-22230	74	12	in	in	ADP
fbem-22230	74	13	recent	recent	ADJ
fbem-22230	74	14	years	year	NOUN
fbem-22230	74	15	in	in	ADP
fbem-22230	74	16	2019	2019	NUM
fbem-22230	74	17	,	,	PUNCT
fbem-22230	74	18	and	and	CCONJ
fbem-22230	74	19	the	the	DET
fbem-22230	74	20	downward	downward	ADJ
fbem-22230	74	21	trend	trend	NOUN
fbem-22230	74	22	from	from	ADP
fbem-22230	74	23	2020	2020	NUM
fbem-22230	74	24	to	to	ADP
fbem-22230	74	25	2022	2022	NUM
fbem-22230	74	26	was	be	AUX
fbem-22230	74	27	due	due	ADJ
fbem-22230	74	28	to	to	ADP
fbem-22230	74	29	the	the	DET
fbem-22230	74	30	epidemic	epidemic	NOUN
fbem-22230	74	31	collection	collection	NOUN
fbem-22230	74	32	.	.	PUNCT
fbem-22230	75	1	in	in	ADP
fbem-22230	75	2	2019	2019	NUM
fbem-22230	75	3	,	,	PUNCT
fbem-22230	75	4	the	the	DET
fbem-22230	75	5	year	year	NOUN
fbem-22230	75	6	that	that	PRON
fbem-22230	75	7	bl	bl	PROPN
fbem-22230	75	8	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	75	9	implemented	implement	VERB
fbem-22230	75	10	the	the	DET
fbem-22230	75	11	equity	equity	NOUN
fbem-22230	75	12	incentive	incentive	PROPN
fbem-22230	75	13	plan	plan	NOUN
fbem-22230	75	14	,	,	PUNCT
fbem-22230	75	15	the	the	DET
fbem-22230	75	16	total	total	ADJ
fbem-22230	75	17	assets	asset	NOUN
fbem-22230	75	18	increased	increase	VERB
fbem-22230	75	19	significantly	significantly	ADV
fbem-22230	75	20	,	,	PUNCT
fbem-22230	75	21	higher	high	ADJ
fbem-22230	75	22	than	than	ADP
fbem-22230	75	23	the	the	DET
fbem-22230	75	24	average	average	ADJ
fbem-22230	75	25	level	level	NOUN
fbem-22230	75	26	of	of	ADP
fbem-22230	75	27	the	the	DET
fbem-22230	75	28	same	same	ADJ
fbem-22230	75	29	industry	industry	NOUN
fbem-22230	75	30	,	,	PUNCT
fbem-22230	75	31	combining	combine	VERB
fbem-22230	75	32	with	with	ADP
fbem-22230	75	33	the	the	DET
fbem-22230	75	34	public	public	ADJ
fbem-22230	75	35	financial	financial	ADJ
fbem-22230	75	36	data	datum	NOUN
fbem-22230	75	37	analysis	analysis	NOUN
fbem-22230	75	38	,	,	PUNCT
fbem-22230	75	39	the	the	DET
fbem-22230	75	40	adjustment	adjustment	NOUN
fbem-22230	75	41	of	of	ADP
fbem-22230	75	42	the	the	DET
fbem-22230	75	43	equity	equity	NOUN
fbem-22230	75	44	structure	structure	NOUN
fbem-22230	75	45	after	after	ADP
fbem-22230	75	46	the	the	DET
fbem-22230	75	47	implementation	implementation	NOUN
fbem-22230	75	48	of	of	ADP
fbem-22230	75	49	the	the	DET
fbem-22230	75	50	plan	plan	NOUN
fbem-22230	75	51	and	and	CCONJ
fbem-22230	75	52	the	the	DET
fbem-22230	75	53	input	input	NOUN
fbem-22230	75	54	of	of	ADP
fbem-22230	75	55	some	some	DET
fbem-22230	75	56	new	new	ADJ
fbem-22230	75	57	projects	project	NOUN
fbem-22230	75	58	are	be	AUX
fbem-22230	75	59	the	the	DET
fbem-22230	75	60	main	main	ADJ
fbem-22230	75	61	reasons	reason	NOUN
fbem-22230	75	62	for	for	ADP
fbem-22230	75	63	the	the	DET
fbem-22230	75	64	fluctuation	fluctuation	NOUN
fbem-22230	75	65	.	.	PUNCT
fbem-22230	76	1	(	(	PUNCT
fbem-22230	76	2	2	2	X
fbem-22230	76	3	)	)	PUNCT
fbem-22230	76	4	in	in	ADP
fbem-22230	76	5	terms	term	NOUN
fbem-22230	76	6	of	of	ADP
fbem-22230	76	7	the	the	DET
fbem-22230	76	8	growth	growth	NOUN
fbem-22230	76	9	rate	rate	NOUN
fbem-22230	76	10	of	of	ADP
fbem-22230	76	11	total	total	ADJ
fbem-22230	76	12	assets	asset	NOUN
fbem-22230	76	13	and	and	CCONJ
fbem-22230	76	14	net	net	ADJ
fbem-22230	76	15	assets	asset	NOUN
fbem-22230	76	16	,	,	PUNCT
fbem-22230	76	17	it	it	PRON
fbem-22230	76	18	shows	show	VERB
fbem-22230	76	19	an	an	DET
fbem-22230	76	20	upward	upward	ADJ
fbem-22230	76	21	and	and	CCONJ
fbem-22230	76	22	then	then	ADV
fbem-22230	76	23	downward	downward	ADJ
fbem-22230	76	24	trend	trend	NOUN
fbem-22230	76	25	from	from	ADP
fbem-22230	76	26	2018	2018	NUM
fbem-22230	76	27	to	to	ADP
fbem-22230	76	28	2022	2022	NUM
fbem-22230	76	29	and	and	CCONJ
fbem-22230	76	30	peaks	peak	NOUN
fbem-22230	76	31	in	in	ADP
fbem-22230	76	32	2020	2020	NUM
fbem-22230	76	33	,	,	PUNCT
fbem-22230	76	34	with	with	ADP
fbem-22230	76	35	a	a	DET
fbem-22230	76	36	particularly	particularly	ADV
fbem-22230	76	37	large	large	ADJ
fbem-22230	76	38	increase	increase	NOUN
fbem-22230	76	39	in	in	ADP
fbem-22230	76	40	the	the	DET
fbem-22230	76	41	year	year	NOUN
fbem-22230	76	42	of	of	ADP
fbem-22230	76	43	implementation	implementation	NOUN
fbem-22230	76	44	of	of	ADP
fbem-22230	76	45	the	the	DET
fbem-22230	76	46	plan	plan	NOUN
fbem-22230	76	47	.	.	PUNCT
fbem-22230	77	1	compared	compare	VERB
fbem-22230	77	2	with	with	ADP
fbem-22230	77	3	the	the	DET
fbem-22230	77	4	level	level	NOUN
fbem-22230	77	5	of	of	ADP
fbem-22230	77	6	the	the	DET
fbem-22230	77	7	pharmaceutical	pharmaceutical	ADJ
fbem-22230	77	8	industry	industry	NOUN
fbem-22230	77	9	in	in	ADP
fbem-22230	77	10	the	the	DET
fbem-22230	77	11	same	same	ADJ
fbem-22230	77	12	period	period	NOUN
fbem-22230	77	13	,	,	PUNCT
fbem-22230	77	14	the	the	DET
fbem-22230	77	15	total	total	ADJ
fbem-22230	77	16	assets	asset	NOUN
fbem-22230	77	17	of	of	ADP
fbem-22230	77	18	bl	bl	PROPN
fbem-22230	77	19	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	77	20	returned	return	VERB
fbem-22230	77	21	to	to	ADP
fbem-22230	77	22	a	a	DET
fbem-22230	77	23	reasonable	reasonable	ADJ
fbem-22230	77	24	level	level	NOUN
fbem-22230	77	25	of	of	ADP
fbem-22230	77	26	growth	growth	NOUN
fbem-22230	77	27	after	after	ADP
fbem-22230	77	28	the	the	DET
fbem-22230	77	29	implementation	implementation	NOUN
fbem-22230	77	30	of	of	ADP
fbem-22230	77	31	the	the	DET
fbem-22230	77	32	plan	plan	NOUN
fbem-22230	77	33	,	,	PUNCT
fbem-22230	77	34	and	and	CCONJ
fbem-22230	77	35	the	the	DET
fbem-22230	77	36	level	level	NOUN
fbem-22230	77	37	of	of	ADP
fbem-22230	77	38	growth	growth	NOUN
fbem-22230	77	39	from	from	ADP
fbem-22230	77	40	2019	2019	NUM
fbem-22230	77	41	onwards	onwards	ADV
fbem-22230	77	42	is	be	AUX
fbem-22230	77	43	higher	high	ADJ
fbem-22230	77	44	than	than	ADP
fbem-22230	77	45	the	the	DET
fbem-22230	77	46	industry	industry	NOUN
fbem-22230	77	47	average	average	NOUN
fbem-22230	77	48	;	;	PUNCT
fbem-22230	77	49	the	the	DET
fbem-22230	77	50	revenue	revenue	NOUN
fbem-22230	77	51	from	from	ADP
fbem-22230	77	52	main	main	ADJ
fbem-22230	77	53	business	business	NOUN
fbem-22230	77	54	of	of	ADP
fbem-22230	77	55	the	the	DET
fbem-22230	77	56	pharmaceutical	pharmaceutical	NOUN
fbem-22230	77	57	manufacturing	manufacturing	NOUN
fbem-22230	77	58	industry	industry	NOUN
fbem-22230	77	59	showed	show	VERB
fbem-22230	77	60	stable	stable	ADJ
fbem-22230	77	61	growth	growth	NOUN
fbem-22230	77	62	,	,	PUNCT
fbem-22230	77	63	while	while	SCONJ
fbem-22230	77	64	bl	bl	PROPN
fbem-22230	77	65	pharmaceuticals	pharmaceutical	NOUN
fbem-22230	77	66	demonstrated	demonstrate	VERB
fbem-22230	77	67	greater	great	ADJ
fbem-22230	77	68	volatility	volatility	NOUN
fbem-22230	77	69	after	after	ADP
fbem-22230	77	70	the	the	DET
fbem-22230	77	71	implementation	implementation	NOUN
fbem-22230	77	72	of	of	ADP
fbem-22230	77	73	the	the	DET
fbem-22230	77	74	plan	plan	NOUN
fbem-22230	77	75	,	,	PUNCT
fbem-22230	77	76	and	and	CCONJ
fbem-22230	77	77	combined	combine	VERB
fbem-22230	77	78	with	with	ADP
fbem-22230	77	79	the	the	DET
fbem-22230	77	80	analysis	analysis	NOUN
fbem-22230	77	81	in	in	ADP
fbem-22230	77	82	the	the	DET
fbem-22230	77	83	previous	previous	ADJ
fbem-22230	77	84	section	section	NOUN
fbem-22230	77	85	,	,	PUNCT
fbem-22230	77	86	the	the	DET
fbem-22230	77	87	adjustment	adjustment	NOUN
fbem-22230	77	88	of	of	ADP
fbem-22230	77	89	the	the	DET
fbem-22230	77	90	company	company	NOUN
fbem-22230	77	91	's	's	PART
fbem-22230	77	92	shareholding	shareholding	NOUN
fbem-22230	77	93	structure	structure	NOUN
fbem-22230	77	94	after	after	ADP
fbem-22230	77	95	the	the	DET
fbem-22230	77	96	implementation	implementation	NOUN
fbem-22230	77	97	of	of	ADP
fbem-22230	77	98	the	the	DET
fbem-22230	77	99	plan	plan	NOUN
fbem-22230	77	100	and	and	CCONJ
fbem-22230	77	101	the	the	DET
fbem-22230	77	102	epidemic	epidemic	NOUN
fbem-22230	77	103	impact	impact	NOUN
fbem-22230	77	104	are	be	AUX
fbem-22230	77	105	the	the	DET
fbem-22230	77	106	main	main	ADJ
fbem-22230	77	107	reasons	reason	NOUN
fbem-22230	77	108	for	for	ADP
fbem-22230	77	109	the	the	DET
fbem-22230	77	110	fluctuation	fluctuation	NOUN
fbem-22230	77	111	.	.	PUNCT
fbem-22230	78	1	3	3	X
fbem-22230	78	2	.	.	X
fbem-22230	78	3	conclusion	conclusion	NOUN
fbem-22230	78	4	this	this	DET
fbem-22230	78	5	paper	paper	NOUN
fbem-22230	78	6	provides	provide	VERB
fbem-22230	78	7	a	a	DET
fbem-22230	78	8	detailed	detailed	ADJ
fbem-22230	78	9	background	background	NOUN
fbem-22230	78	10	overview	overview	NOUN
fbem-22230	78	11	of	of	ADP
fbem-22230	78	12	beijing	beijing	PROPN
fbem-22230	78	13	bl	bl	PROPN
fbem-22230	78	14	pharmaceutical	pharmaceutical	PROPN
fbem-22230	78	15	co.	co.	PROPN
fbem-22230	78	16	,	,	PUNCT
fbem-22230	78	17	ltd	ltd	PROPN
fbem-22230	78	18	.	.	PROPN
fbem-22230	78	19	and	and	CCONJ
fbem-22230	78	20	an	an	DET
fbem-22230	78	21	in	in	ADP
fbem-22230	78	22	-	-	PUNCT
fbem-22230	78	23	depth	depth	NOUN
fbem-22230	78	24	analysis	analysis	NOUN
fbem-22230	78	25	of	of	ADP
fbem-22230	78	26	the	the	DET
fbem-22230	78	27	history	history	NOUN
fbem-22230	78	28	of	of	ADP
fbem-22230	78	29	the	the	DET
fbem-22230	78	30	company	company	NOUN
fbem-22230	78	31	's	's	PART
fbem-22230	78	32	implementation	implementation	NOUN
fbem-22230	78	33	of	of	ADP
fbem-22230	78	34	the	the	DET
fbem-22230	78	35	equity	equity	NOUN
fbem-22230	78	36	incentive	incentive	PROPN
fbem-22230	78	37	plan	plan	NOUN
fbem-22230	78	38	,	,	PUNCT
fbem-22230	78	39	and	and	CCONJ
fbem-22230	78	40	a	a	DET
fbem-22230	78	41	detailed	detailed	ADJ
fbem-22230	78	42	discussion	discussion	NOUN
fbem-22230	78	43	of	of	ADP
fbem-22230	78	44	the	the	DET
fbem-22230	78	45	changes	change	NOUN
fbem-22230	78	46	in	in	ADP
fbem-22230	78	47	the	the	DET
fbem-22230	78	48	company	company	NOUN
fbem-22230	78	49	's	's	PART
fbem-22230	78	50	financial	financial	ADJ
fbem-22230	78	51	indicators	indicator	NOUN
fbem-22230	78	52	after	after	ADP
fbem-22230	78	53	the	the	DET
fbem-22230	78	54	equity	equity	NOUN
fbem-22230	78	55	incentive	incentive	PROPN
fbem-22230	78	56	plan	plan	NOUN
fbem-22230	78	57	,	,	PUNCT
fbem-22230	78	58	as	as	SCONJ
fbem-22230	78	59	detailed	detailed	ADJ
fbem-22230	78	60	in	in	ADP
fbem-22230	78	61	table	table	NOUN
fbem-22230	78	62	5	5	NUM
fbem-22230	78	63	.	.	PUNCT
fbem-22230	78	64	table	table	NOUN
fbem-22230	78	65	5	5	NUM
fbem-22230	78	66	.	.	PUNCT
fbem-22230	78	67	financial	financial	ADJ
fbem-22230	78	68	performance	performance	NOUN
fbem-22230	78	69	before	before	ADV
fbem-22230	78	70	and	and	CCONJ
fbem-22230	78	71	after	after	ADP
fbem-22230	78	72	bl	bl	PROPN
fbem-22230	78	73	pharmaceuticals	pharmaceuticals	PROPN
fbem-22230	78	74	equity	equity	NOUN
fbem-22230	78	75	incentive	incentive	NOUN
fbem-22230	78	76	plan	plan	NOUN
fbem-22230	78	77	changes	change	NOUN
fbem-22230	78	78	in	in	ADP
fbem-22230	78	79	indicators	indicator	NOUN
fbem-22230	78	80	financial	financial	ADJ
fbem-22230	78	81	performance	performance	NOUN
fbem-22230	78	82	profitability	profitability	NOUN
fbem-22230	78	83	mbpr	mbpr	NOUN
fbem-22230	78	84	,	,	PUNCT
fbem-22230	78	85	roa	roa	PROPN
fbem-22230	78	86	generally	generally	ADV
fbem-22230	78	87	show	show	VERB
fbem-22230	78	88	an	an	DET
fbem-22230	78	89	upward	upward	ADJ
fbem-22230	78	90	trend	trend	NOUN
fbem-22230	78	91	after	after	ADP
fbem-22230	78	92	implementation	implementation	NOUN
fbem-22230	78	93	of	of	ADP
fbem-22230	78	94	the	the	DET
fbem-22230	78	95	plan	plan	NOUN
fbem-22230	78	96	profitability	profitability	NOUN
fbem-22230	78	97	up	up	ADP
fbem-22230	78	98	operating	operate	VERB
fbem-22230	78	99	ability	ability	NOUN
fbem-22230	78	100	arto	arto	PROPN
fbem-22230	78	101	,	,	PUNCT
fbem-22230	78	102	atr	atr	PROPN
fbem-22230	78	103	rise	rise	VERB
fbem-22230	78	104	steadily	steadily	ADV
fbem-22230	78	105	after	after	ADP
fbem-22230	78	106	plan	plan	NOUN
fbem-22230	78	107	implementation	implementation	NOUN
fbem-22230	78	108	operating	operate	VERB
fbem-22230	78	109	ability	ability	NOUN
fbem-22230	78	110	up	up	ADP
fbem-22230	78	111	solvency	solvency	NOUN
fbem-22230	78	112	cr	cr	PROPN
fbem-22230	78	113	,	,	PUNCT
fbem-22230	78	114	qr	qr	PROPN
fbem-22230	78	115	,	,	PUNCT
fbem-22230	78	116	er	er	INTJ
fbem-22230	78	117	are	be	AUX
fbem-22230	78	118	on	on	ADP
fbem-22230	78	119	a	a	DET
fbem-22230	78	120	downward	downward	ADJ
fbem-22230	78	121	trend	trend	NOUN
fbem-22230	78	122	after	after	SCONJ
fbem-22230	78	123	the	the	DET
fbem-22230	78	124	implementation	implementation	NOUN
fbem-22230	78	125	of	of	ADP
fbem-22230	78	126	the	the	DET
fbem-22230	78	127	plan	plan	NOUN
fbem-22230	78	128	solvency	solvency	NOUN
fbem-22230	78	129	down	down	ADP
fbem-22230	78	130	growth	growth	NOUN
fbem-22230	78	131	capacity	capacity	NOUN
fbem-22230	78	132	morg	morg	PROPN
fbem-22230	78	133	,	,	PUNCT
fbem-22230	78	134	agr	agr	PROPN
fbem-22230	78	135	,	,	PUNCT
fbem-22230	78	136	roe	roe	PROPN
fbem-22230	78	137	rise	rise	VERB
fbem-22230	78	138	steadily	steadily	ADV
fbem-22230	78	139	after	after	ADP
fbem-22230	78	140	program	program	NOUN
fbem-22230	78	141	implementation	implementation	NOUN
fbem-22230	78	142	growth	growth	NOUN
fbem-22230	78	143	capacity	capacity	NOUN
fbem-22230	78	144	up	up	ADP
fbem-22230	78	145	in	in	ADP
fbem-22230	78	146	response	response	NOUN
fbem-22230	78	147	to	to	ADP
fbem-22230	78	148	the	the	DET
fbem-22230	78	149	above	above	ADJ
fbem-22230	78	150	data	datum	NOUN
fbem-22230	78	151	and	and	CCONJ
fbem-22230	78	152	phenomena	phenomenon	NOUN
fbem-22230	78	153	,	,	PUNCT
fbem-22230	78	154	the	the	DET
fbem-22230	78	155	paper	paper	NOUN
fbem-22230	78	156	draws	draw	VERB
fbem-22230	78	157	the	the	DET
fbem-22230	78	158	following	following	ADJ
fbem-22230	78	159	conclusions	conclusion	NOUN
fbem-22230	78	160	:	:	PUNCT
fbem-22230	78	161	(	(	PUNCT
fbem-22230	78	162	1	1	X
fbem-22230	78	163	)	)	PUNCT
fbem-22230	78	164	the	the	DET
fbem-22230	78	165	incentive	incentive	ADJ
fbem-22230	78	166	role	role	NOUN
fbem-22230	78	167	of	of	ADP
fbem-22230	78	168	the	the	DET
fbem-22230	78	169	equity	equity	NOUN
fbem-22230	78	170	incentive	incentive	NOUN
fbem-22230	78	171	plan	plan	NOUN
fbem-22230	78	172	for	for	ADP
fbem-22230	78	173	the	the	DET
fbem-22230	78	174	enterprise	enterprise	NOUN
fbem-22230	78	175	is	be	AUX
fbem-22230	78	176	very	very	ADV
fbem-22230	78	177	obvious	obvious	ADJ
fbem-22230	78	178	,	,	PUNCT
fbem-22230	78	179	can	can	AUX
fbem-22230	78	180	improve	improve	VERB
fbem-22230	78	181	the	the	DET
fbem-22230	78	182	enthusiasm	enthusiasm	NOUN
fbem-22230	78	183	of	of	ADP
fbem-22230	78	184	the	the	DET
fbem-22230	78	185	staff	staff	NOUN
fbem-22230	78	186	and	and	CCONJ
fbem-22230	78	187	drive	drive	VERB
fbem-22230	78	188	the	the	DET
fbem-22230	78	189	rapid	rapid	ADJ
fbem-22230	78	190	development	development	NOUN
fbem-22230	78	191	of	of	ADP
fbem-22230	78	192	the	the	DET
fbem-22230	78	193	enterprise	enterprise	NOUN
fbem-22230	78	194	.	.	PUNCT
fbem-22230	79	1	(	(	PUNCT
fbem-22230	79	2	2	2	X
fbem-22230	79	3	)	)	PUNCT
fbem-22230	79	4	enterprises	enterprise	NOUN
fbem-22230	79	5	should	should	AUX
fbem-22230	79	6	develop	develop	VERB
fbem-22230	79	7	more	more	ADV
fbem-22230	79	8	reasonable	reasonable	ADJ
fbem-22230	79	9	equity	equity	NOUN
fbem-22230	79	10	incentive	incentive	NOUN
fbem-22230	79	11	plans	plan	NOUN
fbem-22230	79	12	to	to	PART
fbem-22230	79	13	avoid	avoid	VERB
fbem-22230	79	14	possible	possible	ADJ
fbem-22230	79	15	risks	risk	NOUN
fbem-22230	79	16	and	and	CCONJ
fbem-22230	79	17	strictly	strictly	ADV
fbem-22230	79	18	implement	implement	VERB
fbem-22230	79	19	the	the	DET
fbem-22230	79	20	plans	plan	NOUN
fbem-22230	79	21	to	to	PART
fbem-22230	79	22	ensure	ensure	VERB
fbem-22230	79	23	the	the	DET
fbem-22230	79	24	effectiveness	effectiveness	NOUN
fbem-22230	79	25	of	of	ADP
fbem-22230	79	26	the	the	DET
fbem-22230	79	27	incentive	incentive	NOUN
fbem-22230	79	28	policy	policy	NOUN
fbem-22230	79	29	.	.	PUNCT
fbem-22230	80	1	(	(	PUNCT
fbem-22230	80	2	3	3	X
fbem-22230	80	3	)	)	PUNCT
fbem-22230	80	4	the	the	DET
fbem-22230	80	5	successful	successful	ADJ
fbem-22230	80	6	implementation	implementation	NOUN
fbem-22230	80	7	of	of	ADP
fbem-22230	80	8	the	the	DET
fbem-22230	80	9	equity	equity	NOUN
fbem-22230	80	10	incentive	incentive	NOUN
fbem-22230	80	11	program	program	NOUN
fbem-22230	80	12	requires	require	VERB
fbem-22230	80	13	the	the	DET
fbem-22230	80	14	enterprise	enterprise	NOUN
fbem-22230	80	15	to	to	PART
fbem-22230	80	16	have	have	VERB
fbem-22230	80	17	a	a	DET
fbem-22230	80	18	good	good	ADJ
fbem-22230	80	19	internal	internal	ADJ
fbem-22230	80	20	management	management	NOUN
fbem-22230	80	21	mechanism	mechanism	NOUN
fbem-22230	80	22	and	and	CCONJ
fbem-22230	80	23	talent	talent	NOUN
fbem-22230	80	24	management	management	NOUN
fbem-22230	80	25	system	system	NOUN
fbem-22230	80	26	to	to	PART
fbem-22230	80	27	ensure	ensure	VERB
fbem-22230	80	28	that	that	SCONJ
fbem-22230	80	29	the	the	DET
fbem-22230	80	30	incentives	incentive	NOUN
fbem-22230	80	31	can	can	AUX
fbem-22230	80	32	truly	truly	ADV
fbem-22230	80	33	benefit	benefit	VERB
fbem-22230	80	34	the	the	DET
fbem-22230	80	35	enterprise	enterprise	NOUN
fbem-22230	80	36	and	and	CCONJ
fbem-22230	80	37	its	its	PRON
fbem-22230	80	38	employees	employee	NOUN
fbem-22230	80	39	.	.	PUNCT
fbem-22230	81	1	to	to	PART
fbem-22230	81	2	summarize	summarize	VERB
fbem-22230	81	3	,	,	PUNCT
fbem-22230	81	4	equity	equity	NOUN
fbem-22230	81	5	incentive	incentive	NOUN
fbem-22230	81	6	plans	plan	NOUN
fbem-22230	81	7	play	play	VERB
fbem-22230	81	8	a	a	DET
fbem-22230	81	9	very	very	ADV
fbem-22230	81	10	obvious	obvious	ADJ
fbem-22230	81	11	role	role	NOUN
fbem-22230	81	12	in	in	ADP
fbem-22230	81	13	the	the	DET
fbem-22230	81	14	motivation	motivation	NOUN
fbem-22230	81	15	and	and	CCONJ
fbem-22230	81	16	development	development	NOUN
fbem-22230	81	17	of	of	ADP
fbem-22230	81	18	enterprises	enterprise	NOUN
fbem-22230	81	19	,	,	PUNCT
fbem-22230	81	20	but	but	CCONJ
fbem-22230	81	21	72	72	NUM
fbem-22230	81	22	they	they	PRON
fbem-22230	81	23	also	also	ADV
fbem-22230	81	24	face	face	VERB
fbem-22230	81	25	certain	certain	ADJ
fbem-22230	81	26	risks	risk	NOUN
fbem-22230	81	27	and	and	CCONJ
fbem-22230	81	28	management	management	NOUN
fbem-22230	81	29	challenges	challenge	NOUN
fbem-22230	81	30	.	.	PUNCT
fbem-22230	82	1	therefore	therefore	ADV
fbem-22230	82	2	,	,	PUNCT
fbem-22230	82	3	enterprises	enterprise	NOUN
fbem-22230	82	4	should	should	AUX
fbem-22230	82	5	formulate	formulate	VERB
fbem-22230	82	6	a	a	DET
fbem-22230	82	7	more	more	ADV
fbem-22230	82	8	reasonable	reasonable	ADJ
fbem-22230	82	9	equity	equity	NOUN
fbem-22230	82	10	incentive	incentive	NOUN
fbem-22230	82	11	plan	plan	NOUN
fbem-22230	82	12	and	and	CCONJ
fbem-22230	82	13	focus	focus	VERB
fbem-22230	82	14	on	on	ADP
fbem-22230	82	15	the	the	DET
fbem-22230	82	16	construction	construction	NOUN
fbem-22230	82	17	of	of	ADP
fbem-22230	82	18	internal	internal	ADJ
fbem-22230	82	19	management	management	NOUN
fbem-22230	82	20	mechanism	mechanism	NOUN
fbem-22230	82	21	and	and	CCONJ
fbem-22230	82	22	talent	talent	NOUN
fbem-22230	82	23	management	management	NOUN
fbem-22230	82	24	system	system	NOUN
fbem-22230	82	25	to	to	PART
fbem-22230	82	26	ensure	ensure	VERB
fbem-22230	82	27	the	the	DET
fbem-22230	82	28	effectiveness	effectiveness	NOUN
fbem-22230	82	29	and	and	CCONJ
fbem-22230	82	30	continuity	continuity	NOUN
fbem-22230	82	31	of	of	ADP
fbem-22230	82	32	incentive	incentive	NOUN
fbem-22230	82	33	policy	policy	NOUN
fbem-22230	82	34	.	.	PUNCT
fbem-22230	83	1	references	reference	NOUN
fbem-22230	83	2	[	[	X
fbem-22230	83	3	1	1	NUM
fbem-22230	83	4	]	]	PUNCT
fbem-22230	83	5	zhang	zhang	PROPN
fbem-22230	84	1	he	he	PRON
fbem-22230	84	2	,	,	PUNCT
fbem-22230	84	3	shen	shen	PROPN
fbem-22230	84	4	qian	qian	PROPN
fbem-22230	84	5	.	.	PUNCT
fbem-22230	85	1	comparative	comparative	ADJ
fbem-22230	85	2	study	study	NOUN
fbem-22230	85	3	of	of	ADP
fbem-22230	85	4	restricted	restrict	VERB
fbem-22230	85	5	stock	stock	NOUN
fbem-22230	85	6	incentive	incentive	NOUN
fbem-22230	85	7	and	and	CCONJ
fbem-22230	85	8	employee	employee	NOUN
fbem-22230	85	9	stock	stock	NOUN
fbem-22230	85	10	ownership	ownership	NOUN
fbem-22230	85	11	plan	plan	NOUN
fbem-22230	85	12	under	under	ADP
fbem-22230	85	13	agency	agency	NOUN
fbem-22230	85	14	cost	cost	NOUN
fbem-22230	85	15	perspective	perspective	NOUN
fbem-22230	86	1	[	[	X
fbem-22230	86	2	j	j	X
fbem-22230	86	3	]	]	X
fbem-22230	86	4	.	.	PUNCT
fbem-22230	86	5	times	times	PROPN
fbem-22230	86	6	finance	finance	NOUN
fbem-22230	86	7	,	,	PUNCT
fbem-22230	86	8	2023	2023	NUM
fbem-22230	86	9	,	,	PUNCT
fbem-22230	86	10	(	(	PUNCT
fbem-22230	86	11	04):50	04):50	NUM
fbem-22230	86	12	-	-	SYM
fbem-22230	86	13	53	53	NUM
fbem-22230	86	14	.	.	PUNCT
fbem-22230	87	1	[	[	X
fbem-22230	87	2	2	2	X
fbem-22230	87	3	]	]	PUNCT
fbem-22230	87	4	xue	xue	PROPN
fbem-22230	87	5	w.	w.	PROPN
fbem-22230	87	6	exploring	explore	VERB
fbem-22230	87	7	the	the	DET
fbem-22230	87	8	prospects	prospect	NOUN
fbem-22230	87	9	for	for	ADP
fbem-22230	87	10	the	the	DET
fbem-22230	87	11	application	application	NOUN
fbem-22230	87	12	of	of	ADP
fbem-22230	87	13	virtual	virtual	ADJ
fbem-22230	87	14	stock	stock	NOUN
fbem-22230	87	15	incentive	incentive	NOUN
fbem-22230	87	16	programs	program	NOUN
fbem-22230	87	17	for	for	ADP
fbem-22230	87	18	unlisted	unlisted	ADJ
fbem-22230	87	19	companies	company	NOUN
fbem-22230	87	20	[	[	X
fbem-22230	87	21	j	j	X
fbem-22230	87	22	]	]	X
fbem-22230	87	23	.	.	PUNCT
fbem-22230	88	1	certified	certify	VERB
fbem-22230	88	2	public	public	ADJ
fbem-22230	88	3	accountant	accountant	NOUN
fbem-22230	88	4	,	,	PUNCT
fbem-22230	88	5	china	china	PROPN
fbem-22230	88	6	,	,	PUNCT
fbem-22230	88	7	2023	2023	NUM
fbem-22230	88	8	,	,	PUNCT
fbem-22230	88	9	(	(	PUNCT
fbem-22230	88	10	03):62	03):62	NUM
fbem-22230	88	11	-	-	SYM
fbem-22230	88	12	66	66	NUM
fbem-22230	88	13	.	.	PUNCT
fbem-22230	89	1	[	[	X
fbem-22230	89	2	3	3	X
fbem-22230	89	3	]	]	X
fbem-22230	89	4	tu	tu	PROPN
fbem-22230	89	5	yan	yan	PROPN
fbem-22230	89	6	.	.	PUNCT
fbem-22230	90	1	case	case	NOUN
fbem-22230	90	2	analysis	analysis	NOUN
fbem-22230	90	3	of	of	ADP
fbem-22230	90	4	two	two	NUM
fbem-22230	90	5	rounds	round	NOUN
fbem-22230	90	6	of	of	ADP
fbem-22230	90	7	employee	employee	NOUN
fbem-22230	90	8	stock	stock	NOUN
fbem-22230	90	9	purchase	purchase	NOUN
fbem-22230	90	10	plan	plan	NOUN
fbem-22230	90	11	of	of	ADP
fbem-22230	90	12	company	company	NOUN
fbem-22230	90	13	a	a	PRON
fbem-22230	90	14	based	base	VERB
fbem-22230	90	15	on	on	ADP
fbem-22230	90	16	comparison	comparison	NOUN
fbem-22230	90	17	with	with	ADP
fbem-22230	90	18	2018	2018	NUM
fbem-22230	90	19	restricted	restrict	VERB
fbem-22230	90	20	share	share	NOUN
fbem-22230	90	21	incentive	incentive	NOUN
fbem-22230	90	22	plan	plan	NOUN
fbem-22230	91	1	[	[	X
fbem-22230	91	2	j	j	X
fbem-22230	91	3	]	]	X
fbem-22230	91	4	.	.	PUNCT
fbem-22230	92	1	investment	investment	NOUN
fbem-22230	92	2	and	and	CCONJ
fbem-22230	92	3	entrepreneurship	entrepreneurship	NOUN
fbem-22230	92	4	,	,	PUNCT
fbem-22230	92	5	2023	2023	NUM
fbem-22230	92	6	,	,	PUNCT
fbem-22230	92	7	34(02):132	34(02):132	NUM
fbem-22230	92	8	-	-	SYM
fbem-22230	92	9	134	134	NUM
fbem-22230	92	10	.	.	PUNCT
fbem-22230	93	1	[	[	X
fbem-22230	93	2	4	4	NUM
fbem-22230	93	3	]	]	SYM
fbem-22230	93	4	wu	wu	PROPN
fbem-22230	93	5	fangli	fangli	NOUN
fbem-22230	93	6	.	.	PUNCT
fbem-22230	94	1	analysis	analysis	NOUN
fbem-22230	94	2	of	of	ADP
fbem-22230	94	3	surplus	surplus	ADJ
fbem-22230	94	4	management	management	NOUN
fbem-22230	94	5	behavior	behavior	NOUN
fbem-22230	94	6	under	under	ADP
fbem-22230	94	7	equity	equity	NOUN
fbem-22230	94	8	incentive	incentive	NOUN
fbem-22230	94	9	--	--	PUNCT
fbem-22230	94	10	taking	take	VERB
fbem-22230	94	11	company	company	NOUN
fbem-22230	94	12	b	b	NOUN
fbem-22230	94	13	as	as	ADP
fbem-22230	94	14	an	an	DET
fbem-22230	94	15	example	example	NOUN
fbem-22230	95	1	[	[	X
fbem-22230	95	2	j	j	X
fbem-22230	95	3	]	]	X
fbem-22230	95	4	.	.	PUNCT
fbem-22230	96	1	industrial	industrial	ADJ
fbem-22230	96	2	innovation	innovation	NOUN
fbem-22230	96	3	research	research	NOUN
fbem-22230	96	4	,	,	PUNCT
fbem-22230	96	5	2023	2023	NUM
fbem-22230	96	6	,	,	PUNCT
fbem-22230	96	7	(	(	PUNCT
fbem-22230	96	8	01):169	01):169	NOUN
fbem-22230	96	9	-	-	PUNCT
fbem-22230	96	10	171	171	NUM
fbem-22230	96	11	.	.	PUNCT
fbem-22230	97	1	[	[	X
fbem-22230	97	2	5	5	NUM
fbem-22230	97	3	]	]	PUNCT
fbem-22230	97	4	cao	cao	PROPN
fbem-22230	97	5	,	,	PUNCT
fbem-22230	97	6	hengshan	hengshan	NOUN
fbem-22230	97	7	.	.	PUNCT
fbem-22230	98	1	the	the	DET
fbem-22230	98	2	mechanism	mechanism	NOUN
fbem-22230	98	3	by	by	ADP
fbem-22230	98	4	which	which	PRON
fbem-22230	98	5	the	the	DET
fbem-22230	98	6	duration	duration	NOUN
fbem-22230	98	7	and	and	CCONJ
fbem-22230	98	8	form	form	NOUN
fbem-22230	98	9	of	of	ADP
fbem-22230	98	10	equity	equity	NOUN
fbem-22230	98	11	incentives	incentive	NOUN
fbem-22230	98	12	affect	affect	VERB
fbem-22230	98	13	the	the	DET
fbem-22230	98	14	performance	performance	NOUN
fbem-22230	98	15	of	of	ADP
fbem-22230	98	16	listed	list	VERB
fbem-22230	98	17	growth	growth	NOUN
fbem-22230	98	18	retail	retail	ADJ
fbem-22230	98	19	firms	firm	NOUN
fbem-22230	99	1	[	[	X
fbem-22230	99	2	j	j	X
fbem-22230	99	3	]	]	X
fbem-22230	99	4	.	.	PUNCT
fbem-22230	100	1	business	business	NOUN
fbem-22230	100	2	and	and	CCONJ
fbem-22230	100	3	economic	economic	ADJ
fbem-22230	100	4	research	research	NOUN
fbem-22230	100	5	,	,	PUNCT
fbem-22230	100	6	2022	2022	NUM
fbem-22230	100	7	,	,	PUNCT
fbem-22230	100	8	(	(	PUNCT
fbem-22230	100	9	22):27	22):27	NUM
fbem-22230	100	10	-	-	SYM
fbem-22230	100	11	30	30	NUM
fbem-22230	100	12	.	.	PUNCT
fbem-22230	101	1	[	[	X
fbem-22230	101	2	6	6	NUM
fbem-22230	101	3	]	]	PUNCT
fbem-22230	101	4	yang	yang	PROPN
fbem-22230	101	5	yanli	yanli	PROPN
fbem-22230	101	6	,	,	PUNCT
fbem-22230	101	7	zheng	zheng	PROPN
fbem-22230	101	8	zhidan	zhidan	PROPN
fbem-22230	101	9	.	.	PROPN
fbem-22230	102	1	analysis	analysis	NOUN
fbem-22230	102	2	of	of	ADP
fbem-22230	102	3	equity	equity	NOUN
fbem-22230	102	4	incentives	incentive	NOUN
fbem-22230	102	5	and	and	CCONJ
fbem-22230	102	6	countermeasure	countermeasure	NOUN
fbem-22230	102	7	suggestions	suggestion	NOUN
fbem-22230	102	8	of	of	ADP
fbem-22230	102	9	pharmaceutical	pharmaceutical	ADJ
fbem-22230	102	10	listed	list	VERB
fbem-22230	102	11	companies	company	NOUN
fbem-22230	102	12	--	--	PUNCT
fbem-22230	102	13	taking	take	VERB
fbem-22230	102	14	sichuan	sichuan	PROPN
fbem-22230	102	15	kelun	kelun	PROPN
fbem-22230	102	16	pharmaceutical	pharmaceutical	NOUN
fbem-22230	102	17	as	as	ADP
fbem-22230	102	18	an	an	DET
fbem-22230	102	19	example	example	NOUN
fbem-22230	102	20	[	[	X
fbem-22230	102	21	j	j	X
fbem-22230	102	22	]	]	X
fbem-22230	102	23	.	.	PUNCT
fbem-22230	103	1	decision	decision	NOUN
fbem-22230	103	2	-	-	PUNCT
fbem-22230	103	3	making	make	VERB
fbem-22230	103	4	advice	advice	NOUN
fbem-22230	103	5	,	,	PUNCT
fbem-22230	103	6	2022	2022	NUM
fbem-22230	103	7	,	,	PUNCT
fbem-22230	103	8	(	(	PUNCT
fbem-22230	103	9	05):72	05):72	PROPN
fbem-22230	103	10	-	-	PUNCT
fbem-22230	103	11	76	76	NUM
fbem-22230	103	12	.	.	PUNCT
fbem-22230	104	1	[	[	X
fbem-22230	104	2	7	7	X
fbem-22230	104	3	]	]	PUNCT
fbem-22230	104	4	xia	xia	PROPN
fbem-22230	104	5	yi	yi	PROPN
fbem-22230	104	6	.	.	PUNCT
fbem-22230	105	1	a	a	DET
fbem-22230	105	2	study	study	NOUN
fbem-22230	105	3	of	of	ADP
fbem-22230	105	4	surplus	surplus	ADJ
fbem-22230	105	5	management	management	NOUN
fbem-22230	105	6	in	in	ADP
fbem-22230	105	7	g	g	NOUN
fbem-22230	105	8	-	-	PUNCT
fbem-22230	105	9	companies	company	NOUN
fbem-22230	105	10	under	under	ADP
fbem-22230	105	11	restricted	restricted	ADJ
fbem-22230	105	12	stock	stock	NOUN
fbem-22230	105	13	incentives	incentive	NOUN
fbem-22230	106	1	[	[	X
fbem-22230	106	2	j	j	X
fbem-22230	106	3	]	]	X
fbem-22230	106	4	.	.	PUNCT
fbem-22230	107	1	investment	investment	NOUN
fbem-22230	107	2	and	and	CCONJ
fbem-22230	107	3	entrepreneurship	entrepreneurship	NOUN
fbem-22230	107	4	,	,	PUNCT
fbem-22230	107	5	2022	2022	NUM
fbem-22230	107	6	,	,	PUNCT
fbem-22230	107	7	33(18):105	33(18):105	NUM
fbem-22230	107	8	-	-	SYM
fbem-22230	107	9	108	108	NUM
fbem-22230	107	10	.	.	PUNCT
fbem-22230	108	1	[	[	X
fbem-22230	108	2	8	8	NUM
fbem-22230	108	3	]	]	X
fbem-22230	108	4	shao	shao	PROPN
fbem-22230	108	5	jingxian	jingxian	PROPN
fbem-22230	108	6	.	.	PUNCT
fbem-22230	109	1	analysis	analysis	NOUN
fbem-22230	109	2	of	of	ADP
fbem-22230	109	3	yili	yili	NOUN
fbem-22230	109	4	group	group	NOUN
fbem-22230	109	5	's	's	PART
fbem-22230	109	6	equity	equity	NOUN
fbem-22230	109	7	incentive	incentive	NOUN
fbem-22230	109	8	mechanism	mechanism	NOUN
fbem-22230	109	9	[	[	X
fbem-22230	109	10	j	j	X
fbem-22230	109	11	]	]	X
fbem-22230	109	12	.	.	PUNCT
fbem-22230	110	1	modernization	modernization	NOUN
fbem-22230	110	2	of	of	ADP
fbem-22230	110	3	shopping	shopping	NOUN
fbem-22230	110	4	malls	mall	NOUN
fbem-22230	110	5	,	,	PUNCT
fbem-22230	110	6	2022	2022	NUM
fbem-22230	110	7	,	,	PUNCT
fbem-22230	110	8	(	(	PUNCT
fbem-22230	110	9	11):59	11):59	NUM
fbem-22230	110	10	-	-	SYM
fbem-22230	110	11	61	61	NUM
fbem-22230	110	12	.	.	PUNCT
fbem-22230	111	1	[	[	X
fbem-22230	111	2	9	9	NUM
fbem-22230	111	3	]	]	PUNCT
fbem-22230	111	4	yu	yu	PROPN
fbem-22230	111	5	hao	hao	PROPN
fbem-22230	111	6	,	,	PUNCT
fbem-22230	111	7	yi	yi	PROPN
fbem-22230	111	8	xin	xin	PROPN
fbem-22230	111	9	.	.	PUNCT
fbem-22230	112	1	research	research	NOUN
fbem-22230	112	2	on	on	ADP
fbem-22230	112	3	the	the	DET
fbem-22230	112	4	implementation	implementation	NOUN
fbem-22230	112	5	effect	effect	NOUN
fbem-22230	112	6	of	of	ADP
fbem-22230	112	7	equity	equity	NOUN
fbem-22230	112	8	incentive	incentive	NOUN
fbem-22230	112	9	under	under	ADP
fbem-22230	112	10	different	different	ADJ
fbem-22230	112	11	programs	program	NOUN
fbem-22230	112	12	--	--	PUNCT
fbem-22230	112	13	taking	take	VERB
fbem-22230	112	14	yl	yl	NOUN
fbem-22230	112	15	company	company	NOUN
fbem-22230	112	16	as	as	ADP
fbem-22230	112	17	an	an	DET
fbem-22230	112	18	example	example	NOUN
fbem-22230	113	1	[	[	X
fbem-22230	113	2	j	j	X
fbem-22230	113	3	]	]	X
fbem-22230	113	4	.	.	PUNCT
fbem-22230	114	1	marketing	market	VERB
fbem-22230	114	2	weekly	weekly	NOUN
fbem-22230	114	3	,	,	PUNCT
fbem-22230	114	4	2022	2022	NUM
fbem-22230	114	5	,	,	PUNCT
fbem-22230	114	6	35(06):114	35(06):114	NUM
fbem-22230	114	7	-	-	SYM
fbem-22230	114	8	118	118	NUM
fbem-22230	114	9	.	.	PUNCT