id	sid	tid	token	lemma	pos
fbem-5062	1	1	frontiers	frontier	NOUN
fbem-5062	1	2	in	in	ADP
fbem-5062	1	3	business	business	NOUN
fbem-5062	1	4	,	,	PUNCT
fbem-5062	1	5	economics	economic	NOUN
fbem-5062	1	6	and	and	CCONJ
fbem-5062	1	7	management	management	NOUN
fbem-5062	1	8	issn	issn	PROPN
fbem-5062	1	9	:	:	PUNCT
fbem-5062	1	10	2766	2766	NUM
fbem-5062	1	11	-	-	PUNCT
fbem-5062	1	12	824x	824x	NUM
fbem-5062	1	13	|	|	ADJ
fbem-5062	1	14	vol	vol	NOUN
fbem-5062	1	15	.	.	PUNCT
fbem-5062	2	1	7	7	NUM
fbem-5062	2	2	,	,	PUNCT
fbem-5062	2	3	no	no	INTJ
fbem-5062	2	4	.	.	NOUN
fbem-5062	2	5	2	2	NUM
fbem-5062	2	6	,	,	PUNCT
fbem-5062	2	7	2023	2023	NUM
fbem-5062	2	8	261	261	NUM
fbem-5062	2	9	research	research	NOUN
fbem-5062	2	10	on	on	ADP
fbem-5062	2	11	the	the	DET
fbem-5062	2	12	dividend	dividend	NOUN
fbem-5062	2	13	distribution	distribution	NOUN
fbem-5062	2	14	policy	policy	NOUN
fbem-5062	2	15	optimization	optimization	NOUN
fbem-5062	2	16	of	of	ADP
fbem-5062	2	17	yunnan	yunnan	PROPN
fbem-5062	2	18	baiyao	baiyao	NOUN
fbem-5062	2	19	based	base	VERB
fbem-5062	2	20	on	on	ADP
fbem-5062	2	21	the	the	DET
fbem-5062	2	22	financial	financial	ADJ
fbem-5062	2	23	strategy	strategy	NOUN
fbem-5062	2	24	matrix	matrix	NOUN
fbem-5062	2	25	jingxuan	jingxuan	PROPN
fbem-5062	2	26	fang	fang	PROPN
fbem-5062	2	27	,	,	PUNCT
fbem-5062	2	28	yijun	yijun	PROPN
fbem-5062	2	29	ye	ye	PROPN
fbem-5062	2	30	school	school	NOUN
fbem-5062	2	31	of	of	ADP
fbem-5062	2	32	management	management	NOUN
fbem-5062	2	33	,	,	PUNCT
fbem-5062	2	34	sichuan	sichuan	PROPN
fbem-5062	2	35	university	university	PROPN
fbem-5062	2	36	of	of	ADP
fbem-5062	2	37	science	science	PROPN
fbem-5062	2	38	&	&	CCONJ
fbem-5062	2	39	engineering	engineering	PROPN
fbem-5062	2	40	,	,	PUNCT
fbem-5062	2	41	zigong	zigong	PROPN
fbem-5062	2	42	643000	643000	NUM
fbem-5062	2	43	,	,	PUNCT
fbem-5062	2	44	sichuan	sichuan	PROPN
fbem-5062	2	45	,	,	PUNCT
fbem-5062	2	46	china	china	PROPN
fbem-5062	2	47	abstract	abstract	NOUN
fbem-5062	2	48	:	:	PUNCT
fbem-5062	2	49	dividend	dividend	NOUN
fbem-5062	2	50	distribution	distribution	NOUN
fbem-5062	2	51	policy	policy	NOUN
fbem-5062	2	52	is	be	AUX
fbem-5062	2	53	an	an	DET
fbem-5062	2	54	important	important	ADJ
fbem-5062	2	55	part	part	NOUN
fbem-5062	2	56	of	of	ADP
fbem-5062	2	57	enterprise	enterprise	NOUN
fbem-5062	2	58	financial	financial	ADJ
fbem-5062	2	59	strategy	strategy	NOUN
fbem-5062	2	60	,	,	PUNCT
fbem-5062	2	61	which	which	PRON
fbem-5062	2	62	has	have	VERB
fbem-5062	2	63	an	an	DET
fbem-5062	2	64	important	important	ADJ
fbem-5062	2	65	impact	impact	NOUN
fbem-5062	2	66	on	on	ADP
fbem-5062	2	67	the	the	DET
fbem-5062	2	68	long	long	ADJ
fbem-5062	2	69	-	-	PUNCT
fbem-5062	2	70	term	term	NOUN
fbem-5062	2	71	development	development	NOUN
fbem-5062	2	72	of	of	ADP
fbem-5062	2	73	enterprises	enterprise	NOUN
fbem-5062	2	74	and	and	CCONJ
fbem-5062	2	75	the	the	DET
fbem-5062	2	76	interests	interest	NOUN
fbem-5062	2	77	of	of	ADP
fbem-5062	2	78	investors	investor	NOUN
fbem-5062	2	79	.	.	PUNCT
fbem-5062	3	1	enterprises	enterprise	NOUN
fbem-5062	3	2	should	should	AUX
fbem-5062	3	3	adjust	adjust	VERB
fbem-5062	3	4	the	the	DET
fbem-5062	3	5	dividend	dividend	NOUN
fbem-5062	3	6	distribution	distribution	NOUN
fbem-5062	3	7	strategy	strategy	NOUN
fbem-5062	3	8	appropriately	appropriately	ADV
fbem-5062	3	9	according	accord	VERB
fbem-5062	3	10	to	to	ADP
fbem-5062	3	11	the	the	DET
fbem-5062	3	12	different	different	ADJ
fbem-5062	3	13	economic	economic	ADJ
fbem-5062	3	14	situation	situation	NOUN
fbem-5062	3	15	.	.	PUNCT
fbem-5062	4	1	the	the	DET
fbem-5062	4	2	article	article	NOUN
fbem-5062	4	3	is	be	AUX
fbem-5062	4	4	based	base	VERB
fbem-5062	4	5	on	on	ADP
fbem-5062	4	6	the	the	DET
fbem-5062	4	7	case	case	NOUN
fbem-5062	4	8	studies	study	NOUN
fbem-5062	4	9	,	,	PUNCT
fbem-5062	4	10	using	use	VERB
fbem-5062	4	11	the	the	DET
fbem-5062	4	12	analysis	analysis	NOUN
fbem-5062	4	13	method	method	NOUN
fbem-5062	4	14	of	of	ADP
fbem-5062	4	15	the	the	DET
fbem-5062	4	16	financial	financial	ADJ
fbem-5062	4	17	strategy	strategy	NOUN
fbem-5062	4	18	matrix	matrix	NOUN
fbem-5062	4	19	,	,	PUNCT
fbem-5062	4	20	select	select	ADJ
fbem-5062	4	21	yunnan	yunnan	PROPN
fbem-5062	4	22	baiyao	baiyao	PROPN
fbem-5062	4	23	co.	co.	PROPN
fbem-5062	4	24	,	,	PUNCT
fbem-5062	4	25	ltd	ltd	PROPN
fbem-5062	4	26	.	.	PROPN
fbem-5062	4	27	,	,	PUNCT
fbem-5062	4	28	a	a	DET
fbem-5062	4	29	leading	lead	VERB
fbem-5062	4	30	enterprise	enterprise	NOUN
fbem-5062	4	31	in	in	ADP
fbem-5062	4	32	the	the	DET
fbem-5062	4	33	pharmaceutical	pharmaceutical	NOUN
fbem-5062	4	34	industry	industry	NOUN
fbem-5062	4	35	,	,	PUNCT
fbem-5062	4	36	as	as	SCONJ
fbem-5062	4	37	the	the	DET
fbem-5062	4	38	research	research	NOUN
fbem-5062	4	39	object	object	NOUN
fbem-5062	4	40	,	,	PUNCT
fbem-5062	4	41	the	the	DET
fbem-5062	4	42	financial	financial	ADJ
fbem-5062	4	43	data	datum	NOUN
fbem-5062	4	44	of	of	ADP
fbem-5062	4	45	yunnan	yunnan	PROPN
fbem-5062	4	46	baiyao	baiyao	NOUN
fbem-5062	4	47	in	in	ADP
fbem-5062	4	48	different	different	ADJ
fbem-5062	4	49	years	year	NOUN
fbem-5062	4	50	were	be	AUX
fbem-5062	4	51	calculated	calculate	VERB
fbem-5062	4	52	from	from	ADP
fbem-5062	4	53	the	the	DET
fbem-5062	4	54	dimension	dimension	NOUN
fbem-5062	4	55	of	of	ADP
fbem-5062	4	56	capital	capital	NOUN
fbem-5062	4	57	surplus	surplus	NOUN
fbem-5062	4	58	and	and	CCONJ
fbem-5062	4	59	shortage	shortage	NOUN
fbem-5062	4	60	and	and	CCONJ
fbem-5062	4	61	value	value	NOUN
fbem-5062	4	62	creation	creation	NOUN
fbem-5062	4	63	,	,	PUNCT
fbem-5062	4	64	further	far	ADV
fbem-5062	4	65	deepening	deepen	VERB
fbem-5062	4	66	the	the	DET
fbem-5062	4	67	research	research	NOUN
fbem-5062	4	68	on	on	ADP
fbem-5062	4	69	the	the	DET
fbem-5062	4	70	dividend	dividend	NOUN
fbem-5062	4	71	distribution	distribution	NOUN
fbem-5062	4	72	policy	policy	NOUN
fbem-5062	4	73	of	of	ADP
fbem-5062	4	74	yunnan	yunnan	PROPN
fbem-5062	4	75	baiyao	baiyao	NOUN
fbem-5062	4	76	,	,	PUNCT
fbem-5062	4	77	analyze	analyze	VERB
fbem-5062	4	78	whether	whether	SCONJ
fbem-5062	4	79	the	the	DET
fbem-5062	4	80	dividend	dividend	NOUN
fbem-5062	4	81	distribution	distribution	NOUN
fbem-5062	4	82	policy	policy	NOUN
fbem-5062	4	83	of	of	ADP
fbem-5062	4	84	yunnan	yunnan	NOUN
fbem-5062	4	85	baiyao	baiyao	PROPN
fbem-5062	4	86	matches	match	NOUN
fbem-5062	4	87	with	with	ADP
fbem-5062	4	88	the	the	DET
fbem-5062	4	89	financial	financial	ADJ
fbem-5062	4	90	strategy	strategy	NOUN
fbem-5062	4	91	matrix	matrix	NOUN
fbem-5062	4	92	,	,	PUNCT
fbem-5062	4	93	we	we	PRON
fbem-5062	4	94	found	find	VERB
fbem-5062	4	95	the	the	DET
fbem-5062	4	96	problems	problem	NOUN
fbem-5062	4	97	such	such	ADJ
fbem-5062	4	98	as	as	ADP
fbem-5062	4	99	mismatch	mismatch	NOUN
fbem-5062	4	100	of	of	ADP
fbem-5062	4	101	financial	financial	ADJ
fbem-5062	4	102	strategy	strategy	NOUN
fbem-5062	4	103	matrix	matrix	NOUN
fbem-5062	4	104	in	in	ADP
fbem-5062	4	105	dividend	dividend	NOUN
fbem-5062	4	106	policy	policy	NOUN
fbem-5062	4	107	of	of	ADP
fbem-5062	4	108	yunnan	yunnan	PROPN
fbem-5062	4	109	baiyao	baiyao	NOUN
fbem-5062	4	110	,	,	PUNCT
fbem-5062	4	111	single	single	ADJ
fbem-5062	4	112	and	and	CCONJ
fbem-5062	4	113	chaotic	chaotic	ADJ
fbem-5062	4	114	dividend	dividend	NOUN
fbem-5062	4	115	distribution	distribution	NOUN
fbem-5062	4	116	mode	mode	NOUN
fbem-5062	4	117	and	and	CCONJ
fbem-5062	4	118	lack	lack	NOUN
fbem-5062	4	119	of	of	ADP
fbem-5062	4	120	stability	stability	NOUN
fbem-5062	4	121	of	of	ADP
fbem-5062	4	122	dividend	dividend	NOUN
fbem-5062	4	123	distribution	distribution	NOUN
fbem-5062	4	124	policy	policy	NOUN
fbem-5062	4	125	,	,	PUNCT
fbem-5062	4	126	and	and	CCONJ
fbem-5062	4	127	based	base	VERB
fbem-5062	4	128	on	on	ADP
fbem-5062	4	129	the	the	DET
fbem-5062	4	130	perspective	perspective	NOUN
fbem-5062	4	131	of	of	ADP
fbem-5062	4	132	financial	financial	ADJ
fbem-5062	4	133	strategy	strategy	NOUN
fbem-5062	4	134	matrix	matrix	NOUN
fbem-5062	4	135	.	.	PUNCT
fbem-5062	5	1	keywords	keyword	NOUN
fbem-5062	5	2	:	:	PUNCT
fbem-5062	5	3	dividend	dividend	NOUN
fbem-5062	5	4	distribution	distribution	NOUN
fbem-5062	5	5	policy	policy	NOUN
fbem-5062	5	6	,	,	PUNCT
fbem-5062	5	7	financial	financial	ADJ
fbem-5062	5	8	strategy	strategy	NOUN
fbem-5062	5	9	matrix	matrix	NOUN
fbem-5062	5	10	,	,	PUNCT
fbem-5062	5	11	value	value	NOUN
fbem-5062	5	12	creation	creation	NOUN
fbem-5062	5	13	.	.	PUNCT
fbem-5062	6	1	1	1	X
fbem-5062	6	2	.	.	X
fbem-5062	6	3	introduction	introduction	NOUN
fbem-5062	6	4	pharmaceutical	pharmaceutical	NOUN
fbem-5062	6	5	manufacturing	manufacturing	NOUN
fbem-5062	6	6	industry	industry	NOUN
fbem-5062	6	7	is	be	AUX
fbem-5062	6	8	an	an	DET
fbem-5062	6	9	important	important	ADJ
fbem-5062	6	10	pillar	pillar	NOUN
fbem-5062	6	11	to	to	PART
fbem-5062	6	12	promote	promote	VERB
fbem-5062	6	13	china	china	PROPN
fbem-5062	6	14	's	's	PART
fbem-5062	6	15	economic	economic	ADJ
fbem-5062	6	16	development	development	NOUN
fbem-5062	6	17	and	and	CCONJ
fbem-5062	6	18	an	an	DET
fbem-5062	6	19	important	important	ADJ
fbem-5062	6	20	part	part	NOUN
fbem-5062	6	21	of	of	ADP
fbem-5062	6	22	china	china	PROPN
fbem-5062	6	23	's	's	PART
fbem-5062	6	24	national	national	ADJ
fbem-5062	6	25	economy	economy	NOUN
fbem-5062	6	26	.	.	PUNCT
fbem-5062	7	1	due	due	ADP
fbem-5062	7	2	to	to	ADP
fbem-5062	7	3	the	the	DET
fbem-5062	7	4	outbreak	outbreak	NOUN
fbem-5062	7	5	of	of	ADP
fbem-5062	7	6	covid-19	covid-19	PROPN
fbem-5062	7	7	,	,	PUNCT
fbem-5062	7	8	the	the	DET
fbem-5062	7	9	government	government	NOUN
fbem-5062	7	10	and	and	CCONJ
fbem-5062	7	11	the	the	DET
fbem-5062	7	12	public	public	NOUN
fbem-5062	7	13	have	have	AUX
fbem-5062	7	14	increased	increase	VERB
fbem-5062	7	15	their	their	PRON
fbem-5062	7	16	attention	attention	NOUN
fbem-5062	7	17	to	to	ADP
fbem-5062	7	18	the	the	DET
fbem-5062	7	19	pharmaceutical	pharmaceutical	NOUN
fbem-5062	7	20	manufacturing	manufacturing	NOUN
fbem-5062	7	21	industry	industry	NOUN
fbem-5062	7	22	,	,	PUNCT
fbem-5062	7	23	and	and	CCONJ
fbem-5062	7	24	the	the	DET
fbem-5062	7	25	entire	entire	ADJ
fbem-5062	7	26	pharmaceutical	pharmaceutical	NOUN
fbem-5062	7	27	manufacturing	manufacturing	NOUN
fbem-5062	7	28	industry	industry	NOUN
fbem-5062	7	29	is	be	AUX
fbem-5062	7	30	facing	face	VERB
fbem-5062	7	31	challenges	challenge	NOUN
fbem-5062	7	32	and	and	CCONJ
fbem-5062	7	33	opportunities	opportunity	NOUN
fbem-5062	7	34	.	.	PUNCT
fbem-5062	8	1	since	since	SCONJ
fbem-5062	8	2	its	its	PRON
fbem-5062	8	3	listing	listing	NOUN
fbem-5062	8	4	,	,	PUNCT
fbem-5062	8	5	yunnan	yunnan	PROPN
fbem-5062	8	6	baiyao	baiyao	NOUN
fbem-5062	8	7	has	have	AUX
fbem-5062	8	8	achieved	achieve	VERB
fbem-5062	8	9	good	good	ADJ
fbem-5062	8	10	performance	performance	NOUN
fbem-5062	8	11	and	and	CCONJ
fbem-5062	8	12	reputation	reputation	NOUN
fbem-5062	8	13	,	,	PUNCT
fbem-5062	8	14	and	and	CCONJ
fbem-5062	8	15	all	all	DET
fbem-5062	8	16	indicators	indicator	NOUN
fbem-5062	8	17	are	be	AUX
fbem-5062	8	18	also	also	ADV
fbem-5062	8	19	in	in	ADP
fbem-5062	8	20	the	the	DET
fbem-5062	8	21	leading	lead	VERB
fbem-5062	8	22	position	position	NOUN
fbem-5062	8	23	in	in	ADP
fbem-5062	8	24	the	the	DET
fbem-5062	8	25	same	same	ADJ
fbem-5062	8	26	industry	industry	NOUN
fbem-5062	8	27	.	.	PUNCT
fbem-5062	9	1	however	however	ADV
fbem-5062	9	2	,	,	PUNCT
fbem-5062	9	3	the	the	DET
fbem-5062	9	4	dividend	dividend	NOUN
fbem-5062	9	5	distribution	distribution	NOUN
fbem-5062	9	6	policy	policy	NOUN
fbem-5062	9	7	of	of	ADP
fbem-5062	9	8	yunnan	yunnan	NOUN
fbem-5062	9	9	baiyao	baiyao	NOUN
fbem-5062	9	10	has	have	AUX
fbem-5062	9	11	shown	show	VERB
fbem-5062	9	12	some	some	DET
fbem-5062	9	13	deficiencies	deficiency	NOUN
fbem-5062	9	14	in	in	ADP
fbem-5062	9	15	the	the	DET
fbem-5062	9	16	comparison	comparison	NOUN
fbem-5062	9	17	of	of	ADP
fbem-5062	9	18	the	the	DET
fbem-5062	9	19	same	same	ADJ
fbem-5062	9	20	industry	industry	NOUN
fbem-5062	9	21	.	.	PUNCT
fbem-5062	10	1	although	although	SCONJ
fbem-5062	10	2	it	it	PRON
fbem-5062	10	3	has	have	AUX
fbem-5062	10	4	been	be	AUX
fbem-5062	10	5	improved	improve	VERB
fbem-5062	10	6	compared	compare	VERB
fbem-5062	10	7	with	with	ADP
fbem-5062	10	8	before	before	ADV
fbem-5062	10	9	,	,	PUNCT
fbem-5062	10	10	it	it	PRON
fbem-5062	10	11	still	still	ADV
fbem-5062	10	12	does	do	AUX
fbem-5062	10	13	not	not	PART
fbem-5062	10	14	match	match	VERB
fbem-5062	10	15	the	the	DET
fbem-5062	10	16	excellent	excellent	ADJ
fbem-5062	10	17	business	business	NOUN
fbem-5062	10	18	performance	performance	NOUN
fbem-5062	10	19	of	of	ADP
fbem-5062	10	20	the	the	DET
fbem-5062	10	21	company	company	NOUN
fbem-5062	10	22	.	.	PUNCT
fbem-5062	11	1	based	base	VERB
fbem-5062	11	2	on	on	ADP
fbem-5062	11	3	the	the	DET
fbem-5062	11	4	above	above	ADJ
fbem-5062	11	5	background	background	NOUN
fbem-5062	11	6	,	,	PUNCT
fbem-5062	11	7	this	this	DET
fbem-5062	11	8	paper	paper	NOUN
fbem-5062	11	9	selects	select	VERB
fbem-5062	11	10	yunnan	yunnan	NOUN
fbem-5062	11	11	baiyao	baiyao	PROPN
fbem-5062	11	12	as	as	ADP
fbem-5062	11	13	a	a	DET
fbem-5062	11	14	case	case	NOUN
fbem-5062	11	15	company	company	NOUN
fbem-5062	11	16	,	,	PUNCT
fbem-5062	11	17	using	use	VERB
fbem-5062	11	18	the	the	DET
fbem-5062	11	19	financial	financial	ADJ
fbem-5062	11	20	strategy	strategy	NOUN
fbem-5062	11	21	matrix	matrix	NOUN
fbem-5062	11	22	analysis	analysis	NOUN
fbem-5062	11	23	method	method	NOUN
fbem-5062	11	24	to	to	PART
fbem-5062	11	25	study	study	VERB
fbem-5062	11	26	the	the	DET
fbem-5062	11	27	company	company	NOUN
fbem-5062	11	28	's	's	PART
fbem-5062	11	29	dividend	dividend	NOUN
fbem-5062	11	30	distribution	distribution	NOUN
fbem-5062	11	31	policy	policy	NOUN
fbem-5062	11	32	,	,	PUNCT
fbem-5062	11	33	found	find	VERB
fbem-5062	11	34	the	the	DET
fbem-5062	11	35	problems	problem	NOUN
fbem-5062	11	36	in	in	ADP
fbem-5062	11	37	yunnan	yunnan	PROPN
fbem-5062	11	38	baiyao	baiyao	ADJ
fbem-5062	11	39	dividend	dividend	NOUN
fbem-5062	11	40	distribution	distribution	NOUN
fbem-5062	11	41	policy	policy	NOUN
fbem-5062	11	42	,	,	PUNCT
fbem-5062	11	43	so	so	SCONJ
fbem-5062	11	44	as	as	SCONJ
fbem-5062	11	45	to	to	PART
fbem-5062	11	46	put	put	VERB
fbem-5062	11	47	forward	forward	ADV
fbem-5062	11	48	feasible	feasible	ADJ
fbem-5062	11	49	suggestions	suggestion	NOUN
fbem-5062	11	50	for	for	ADP
fbem-5062	11	51	the	the	DET
fbem-5062	11	52	optimization	optimization	NOUN
fbem-5062	11	53	of	of	ADP
fbem-5062	11	54	enterprise	enterprise	NOUN
fbem-5062	11	55	dividend	dividend	NOUN
fbem-5062	11	56	distribution	distribution	NOUN
fbem-5062	11	57	policy	policy	NOUN
fbem-5062	11	58	.	.	PUNCT
fbem-5062	12	1	2	2	X
fbem-5062	12	2	.	.	X
fbem-5062	12	3	yunnan	yunnan	NOUN
fbem-5062	12	4	baiyao	baiyao	ADJ
fbem-5062	12	5	introduction	introduction	NOUN
fbem-5062	12	6	yunnan	yunnan	PROPN
fbem-5062	12	7	baiyao	baiyao	PROPN
fbem-5062	12	8	group	group	PROPN
fbem-5062	12	9	co.	co.	PROPN
fbem-5062	12	10	,	,	PUNCT
fbem-5062	12	11	ltd	ltd	PROPN
fbem-5062	12	12	.	.	PROPN
fbem-5062	13	1	(	(	PUNCT
fbem-5062	13	2	stock	stock	NOUN
fbem-5062	13	3	referred	refer	VERB
fbem-5062	13	4	to	to	ADP
fbem-5062	13	5	as	as	ADP
fbem-5062	13	6	"	"	PUNCT
fbem-5062	13	7	yunnan	yunnan	NOUN
fbem-5062	13	8	baiyao	baiyao	NOUN
fbem-5062	13	9	"	"	PUNCT
fbem-5062	13	10	,	,	PUNCT
fbem-5062	13	11	stock	stock	NOUN
fbem-5062	13	12	code	code	NOUN
fbem-5062	13	13	000538	000538	NUM
fbem-5062	13	14	)	)	PUNCT
fbem-5062	13	15	,	,	PUNCT
fbem-5062	13	16	founded	found	VERB
fbem-5062	13	17	in	in	ADP
fbem-5062	13	18	1902	1902	NUM
fbem-5062	13	19	,	,	PUNCT
fbem-5062	13	20	is	be	AUX
fbem-5062	13	21	a	a	DET
fbem-5062	13	22	well	well	ADV
fbem-5062	13	23	-	-	PUNCT
fbem-5062	13	24	known	know	VERB
fbem-5062	13	25	trademark	trademark	NOUN
fbem-5062	13	26	in	in	ADP
fbem-5062	13	27	china	china	PROPN
fbem-5062	13	28	and	and	CCONJ
fbem-5062	13	29	a	a	DET
fbem-5062	13	30	time	time	NOUN
fbem-5062	13	31	-	-	PUNCT
fbem-5062	13	32	honored	honor	VERB
fbem-5062	13	33	brand	brand	NOUN
fbem-5062	13	34	in	in	ADP
fbem-5062	13	35	china	china	PROPN
fbem-5062	13	36	.	.	PUNCT
fbem-5062	14	1	yunnan	yunnan	PROPN
fbem-5062	14	2	baiyao	baiyao	PROPN
fbem-5062	14	3	has	have	VERB
fbem-5062	14	4	a	a	DET
fbem-5062	14	5	long	long	ADJ
fbem-5062	14	6	history	history	NOUN
fbem-5062	14	7	of	of	ADP
fbem-5062	14	8	development	development	NOUN
fbem-5062	14	9	.	.	PUNCT
fbem-5062	15	1	in	in	ADP
fbem-5062	15	2	1971	1971	NUM
fbem-5062	15	3	,	,	PUNCT
fbem-5062	15	4	it	it	PRON
fbem-5062	15	5	became	become	VERB
fbem-5062	15	6	the	the	DET
fbem-5062	15	7	first	first	ADJ
fbem-5062	15	8	listed	list	VERB
fbem-5062	15	9	company	company	NOUN
fbem-5062	15	10	in	in	ADP
fbem-5062	15	11	yunnan	yunnan	PROPN
fbem-5062	15	12	province	province	PROPN
fbem-5062	15	13	in	in	ADP
fbem-5062	15	14	1993	1993	NUM
fbem-5062	15	15	.	.	PUNCT
fbem-5062	16	1	in	in	ADP
fbem-5062	16	2	1996	1996	NUM
fbem-5062	16	3	,	,	PUNCT
fbem-5062	16	4	it	it	PRON
fbem-5062	16	5	paid	pay	VERB
fbem-5062	16	6	attention	attention	NOUN
fbem-5062	16	7	to	to	ADP
fbem-5062	16	8	the	the	DET
fbem-5062	16	9	unification	unification	NOUN
fbem-5062	16	10	of	of	ADP
fbem-5062	16	11	brand	brand	NOUN
fbem-5062	16	12	management	management	NOUN
fbem-5062	16	13	.	.	PUNCT
fbem-5062	17	1	yunnan	yunnan	PROPN
fbem-5062	17	2	baiyao	baiyao	PROPN
fbem-5062	17	3	mainly	mainly	ADV
fbem-5062	17	4	deals	deal	VERB
fbem-5062	17	5	in	in	ADP
fbem-5062	17	6	four	four	NUM
fbem-5062	17	7	sectors	sector	NOUN
fbem-5062	17	8	:	:	PUNCT
fbem-5062	17	9	native	native	ADJ
fbem-5062	17	10	medicinal	medicinal	ADJ
fbem-5062	17	11	materials	material	NOUN
fbem-5062	17	12	and	and	CCONJ
fbem-5062	17	13	health	health	NOUN
fbem-5062	17	14	products	product	NOUN
fbem-5062	17	15	,	,	PUNCT
fbem-5062	17	16	drugs	drug	NOUN
fbem-5062	17	17	and	and	CCONJ
fbem-5062	17	18	medical	medical	ADJ
fbem-5062	17	19	devices	device	NOUN
fbem-5062	17	20	,	,	PUNCT
fbem-5062	17	21	tea	tea	NOUN
fbem-5062	17	22	products	product	NOUN
fbem-5062	17	23	and	and	CCONJ
fbem-5062	17	24	big	big	ADJ
fbem-5062	17	25	health	health	NOUN
fbem-5062	17	26	products	product	NOUN
fbem-5062	17	27	.	.	PUNCT
fbem-5062	18	1	each	each	DET
fbem-5062	18	2	sector	sector	NOUN
fbem-5062	18	3	is	be	AUX
fbem-5062	18	4	independent	independent	ADJ
fbem-5062	18	5	and	and	CCONJ
fbem-5062	18	6	supports	support	VERB
fbem-5062	18	7	each	each	DET
fbem-5062	18	8	other	other	ADJ
fbem-5062	18	9	,	,	PUNCT
fbem-5062	18	10	and	and	CCONJ
fbem-5062	18	11	has	have	AUX
fbem-5062	18	12	established	establish	VERB
fbem-5062	18	13	a	a	DET
fbem-5062	18	14	market	market	NOUN
fbem-5062	18	15	value	value	NOUN
fbem-5062	18	16	system	system	NOUN
fbem-5062	18	17	of	of	ADP
fbem-5062	18	18	the	the	DET
fbem-5062	18	19	whole	whole	ADJ
fbem-5062	18	20	industrial	industrial	ADJ
fbem-5062	18	21	chain	chain	NOUN
fbem-5062	18	22	and	and	CCONJ
fbem-5062	18	23	an	an	DET
fbem-5062	18	24	economic	economic	ADJ
fbem-5062	18	25	ecosystem	ecosystem	NOUN
fbem-5062	18	26	featuring	feature	VERB
fbem-5062	18	27	industrial	industrial	ADJ
fbem-5062	18	28	integration	integration	NOUN
fbem-5062	18	29	and	and	CCONJ
fbem-5062	18	30	mutually	mutually	ADV
fbem-5062	18	31	beneficial	beneficial	ADJ
fbem-5062	18	32	development	development	NOUN
fbem-5062	18	33	of	of	ADP
fbem-5062	18	34	each	each	DET
fbem-5062	18	35	sector	sector	NOUN
fbem-5062	18	36	.	.	PUNCT
fbem-5062	19	1	3	3	X
fbem-5062	19	2	.	.	X
fbem-5062	19	3	construction	construction	NOUN
fbem-5062	19	4	and	and	CCONJ
fbem-5062	19	5	analysis	analysis	NOUN
fbem-5062	19	6	of	of	ADP
fbem-5062	19	7	yunnan	yunnan	NOUN
fbem-5062	19	8	baiyao	baiyao	ADJ
fbem-5062	19	9	financial	financial	ADJ
fbem-5062	19	10	strategy	strategy	NOUN
fbem-5062	19	11	matrix	matrix	NOUN
fbem-5062	19	12	financial	financial	ADJ
fbem-5062	19	13	strategy	strategy	NOUN
fbem-5062	19	14	matrix	matrix	NOUN
fbem-5062	19	15	is	be	AUX
fbem-5062	19	16	an	an	DET
fbem-5062	19	17	evaluation	evaluation	NOUN
fbem-5062	19	18	tool	tool	NOUN
fbem-5062	19	19	that	that	PRON
fbem-5062	19	20	analyzes	analyze	VERB
fbem-5062	19	21	the	the	DET
fbem-5062	19	22	financial	financial	ADJ
fbem-5062	19	23	performance	performance	NOUN
fbem-5062	19	24	of	of	ADP
fbem-5062	19	25	an	an	DET
fbem-5062	19	26	enterprise	enterprise	NOUN
fbem-5062	19	27	in	in	ADP
fbem-5062	19	28	a	a	DET
fbem-5062	19	29	period	period	NOUN
fbem-5062	19	30	of	of	ADP
fbem-5062	19	31	time	time	NOUN
fbem-5062	19	32	by	by	ADP
fbem-5062	19	33	selecting	select	VERB
fbem-5062	19	34	the	the	DET
fbem-5062	19	35	relevant	relevant	ADJ
fbem-5062	19	36	financial	financial	ADJ
fbem-5062	19	37	strategy	strategy	NOUN
fbem-5062	19	38	indicators	indicator	NOUN
fbem-5062	19	39	of	of	ADP
fbem-5062	19	40	an	an	DET
fbem-5062	19	41	enterprise	enterprise	NOUN
fbem-5062	19	42	and	and	CCONJ
fbem-5062	19	43	building	build	VERB
fbem-5062	19	44	a	a	DET
fbem-5062	19	45	model	model	NOUN
fbem-5062	19	46	matrix	matrix	NOUN
fbem-5062	19	47	,	,	PUNCT
fbem-5062	19	48	so	so	SCONJ
fbem-5062	19	49	as	as	SCONJ
fbem-5062	19	50	to	to	PART
fbem-5062	19	51	play	play	VERB
fbem-5062	19	52	a	a	DET
fbem-5062	19	53	certain	certain	ADJ
fbem-5062	19	54	guiding	guide	VERB
fbem-5062	19	55	role	role	NOUN
fbem-5062	19	56	in	in	ADP
fbem-5062	19	57	the	the	DET
fbem-5062	19	58	adjustment	adjustment	NOUN
fbem-5062	19	59	of	of	ADP
fbem-5062	19	60	the	the	DET
fbem-5062	19	61	company	company	NOUN
fbem-5062	19	62	's	's	PART
fbem-5062	19	63	strategic	strategic	ADJ
fbem-5062	19	64	policy	policy	NOUN
fbem-5062	19	65	.	.	PUNCT
fbem-5062	20	1	the	the	DET
fbem-5062	20	2	y	y	NOUN
fbem-5062	20	3	-	-	PUNCT
fbem-5062	20	4	axis	axis	NOUN
fbem-5062	20	5	of	of	ADP
fbem-5062	20	6	the	the	DET
fbem-5062	20	7	model	model	NOUN
fbem-5062	20	8	is	be	AUX
fbem-5062	20	9	an	an	DET
fbem-5062	20	10	indicator	indicator	NOUN
fbem-5062	20	11	that	that	PRON
fbem-5062	20	12	reflects	reflect	VERB
fbem-5062	20	13	the	the	DET
fbem-5062	20	14	ability	ability	NOUN
fbem-5062	20	15	to	to	PART
fbem-5062	20	16	create	create	VERB
fbem-5062	20	17	value	value	NOUN
fbem-5062	20	18	,	,	PUNCT
fbem-5062	20	19	and	and	CCONJ
fbem-5062	20	20	the	the	DET
fbem-5062	20	21	x	x	NOUN
fbem-5062	20	22	-	-	NOUN
fbem-5062	20	23	axis	axis	NOUN
fbem-5062	20	24	is	be	AUX
fbem-5062	20	25	an	an	DET
fbem-5062	20	26	indicator	indicator	NOUN
fbem-5062	20	27	that	that	PRON
fbem-5062	20	28	reflects	reflect	VERB
fbem-5062	20	29	the	the	DET
fbem-5062	20	30	cash	cash	NOUN
fbem-5062	20	31	flow	flow	NOUN
fbem-5062	20	32	of	of	ADP
fbem-5062	20	33	the	the	DET
fbem-5062	20	34	company	company	NOUN
fbem-5062	20	35	.	.	PUNCT
fbem-5062	21	1	if	if	SCONJ
fbem-5062	21	2	it	it	PRON
fbem-5062	21	3	is	be	AUX
fbem-5062	21	4	fixed	fix	VERB
fbem-5062	21	5	in	in	ADP
fbem-5062	21	6	a	a	DET
fbem-5062	21	7	specific	specific	ADJ
fbem-5062	21	8	quadrant	quadrant	NOUN
fbem-5062	21	9	,	,	PUNCT
fbem-5062	21	10	the	the	DET
fbem-5062	21	11	value	value	NOUN
fbem-5062	21	12	creation	creation	NOUN
fbem-5062	21	13	and	and	CCONJ
fbem-5062	21	14	sustainable	sustainable	ADJ
fbem-5062	21	15	development	development	NOUN
fbem-5062	21	16	of	of	ADP
fbem-5062	21	17	the	the	DET
fbem-5062	21	18	company	company	NOUN
fbem-5062	21	19	can	can	AUX
fbem-5062	21	20	be	be	AUX
fbem-5062	21	21	evaluated	evaluate	VERB
fbem-5062	21	22	according	accord	VERB
fbem-5062	21	23	to	to	ADP
fbem-5062	21	24	this	this	DET
fbem-5062	21	25	index	index	NOUN
fbem-5062	21	26	,	,	PUNCT
fbem-5062	21	27	so	so	SCONJ
fbem-5062	21	28	as	as	SCONJ
fbem-5062	21	29	to	to	PART
fbem-5062	21	30	adjust	adjust	VERB
fbem-5062	21	31	the	the	DET
fbem-5062	21	32	overall	overall	ADJ
fbem-5062	21	33	strategy	strategy	NOUN
fbem-5062	21	34	of	of	ADP
fbem-5062	21	35	the	the	DET
fbem-5062	21	36	enterprise	enterprise	NOUN
fbem-5062	21	37	.	.	PUNCT
fbem-5062	22	1	since	since	SCONJ
fbem-5062	22	2	the	the	DET
fbem-5062	22	3	formulation	formulation	NOUN
fbem-5062	22	4	of	of	ADP
fbem-5062	22	5	dividend	dividend	NOUN
fbem-5062	22	6	policy	policy	NOUN
fbem-5062	22	7	of	of	ADP
fbem-5062	22	8	yunnan	yunnan	NOUN
fbem-5062	22	9	baiyao	baiyao	NOUN
fbem-5062	22	10	is	be	AUX
fbem-5062	22	11	obviously	obviously	ADV
fbem-5062	22	12	affected	affect	VERB
fbem-5062	22	13	by	by	ADP
fbem-5062	22	14	the	the	DET
fbem-5062	22	15	notice	notice	NOUN
fbem-5062	22	16	on	on	ADP
fbem-5062	22	17	further	far	ADV
fbem-5062	22	18	implementing	implement	VERB
fbem-5062	22	19	matters	matter	NOUN
fbem-5062	22	20	related	relate	VERB
fbem-5062	22	21	to	to	ADP
fbem-5062	22	22	cash	cash	NOUN
fbem-5062	22	23	dividend	dividend	NOUN
fbem-5062	22	24	of	of	ADP
fbem-5062	22	25	listed	list	VERB
fbem-5062	22	26	companies	company	NOUN
fbem-5062	22	27	issued	issue	VERB
fbem-5062	22	28	by	by	ADP
fbem-5062	22	29	china	china	PROPN
fbem-5062	22	30	securities	securities	PROPN
fbem-5062	22	31	regulatory	regulatory	PROPN
fbem-5062	22	32	commission	commission	PROPN
fbem-5062	22	33	on	on	ADP
fbem-5062	22	34	may	may	PROPN
fbem-5062	22	35	4,2012	4,2012	NUM
fbem-5062	22	36	,	,	PUNCT
fbem-5062	22	37	this	this	DET
fbem-5062	22	38	paper	paper	NOUN
fbem-5062	22	39	focuses	focus	VERB
fbem-5062	22	40	on	on	ADP
fbem-5062	22	41	the	the	DET
fbem-5062	22	42	period	period	NOUN
fbem-5062	22	43	from	from	ADP
fbem-5062	22	44	2013	2013	NUM
fbem-5062	22	45	to	to	ADP
fbem-5062	22	46	2021	2021	NUM
fbem-5062	22	47	in	in	ADP
fbem-5062	22	48	the	the	DET
fbem-5062	22	49	selection	selection	NOUN
fbem-5062	22	50	of	of	ADP
fbem-5062	22	51	relevant	relevant	ADJ
fbem-5062	22	52	indicators	indicator	NOUN
fbem-5062	22	53	.	.	PUNCT
fbem-5062	23	1	3.1	3.1	NUM
fbem-5062	23	2	.	.	PUNCT
fbem-5062	24	1	the	the	DET
fbem-5062	24	2	calculation	calculation	NOUN
fbem-5062	24	3	of	of	ADP
fbem-5062	24	4	value	value	NOUN
fbem-5062	24	5	creation	creation	NOUN
fbem-5062	24	6	ability	ability	NOUN
fbem-5062	24	7	under	under	ADP
fbem-5062	24	8	the	the	DET
fbem-5062	24	9	financial	financial	ADJ
fbem-5062	24	10	strategy	strategy	NOUN
fbem-5062	24	11	matrix	matrix	NOUN
fbem-5062	24	12	model	model	NOUN
fbem-5062	24	13	,	,	PUNCT
fbem-5062	24	14	the	the	DET
fbem-5062	24	15	ability	ability	NOUN
fbem-5062	24	16	of	of	ADP
fbem-5062	24	17	enterprises	enterprise	NOUN
fbem-5062	24	18	to	to	PART
fbem-5062	24	19	create	create	VERB
fbem-5062	24	20	value	value	NOUN
fbem-5062	24	21	is	be	AUX
fbem-5062	24	22	evaluated	evaluate	VERB
fbem-5062	24	23	with	with	ADP
fbem-5062	24	24	the	the	DET
fbem-5062	24	25	economic	economic	ADJ
fbem-5062	24	26	added	add	VERB
fbem-5062	24	27	value	value	NOUN
fbem-5062	24	28	as	as	ADP
fbem-5062	24	29	the	the	DET
fbem-5062	24	30	core.as	core.as	NOUN
fbem-5062	24	31	shown	show	VERB
fbem-5062	24	32	in	in	ADP
fbem-5062	24	33	table	table	NOUN
fbem-5062	24	34	1	1	NUM
fbem-5062	24	35	.	.	PUNCT
fbem-5062	24	36	262	262	NUM
fbem-5062	24	37	table	table	NOUN
fbem-5062	24	38	1	1	NUM
fbem-5062	24	39	.	.	PUNCT
fbem-5062	24	40	value	value	NOUN
fbem-5062	24	41	calculation	calculation	NOUN
fbem-5062	24	42	of	of	ADP
fbem-5062	24	43	yunnan	yunnan	NOUN
fbem-5062	24	44	baiyao	baiyao	PROPN
fbem-5062	24	45	2013	2013	NUM
fbem-5062	24	46	-	-	SYM
fbem-5062	24	47	2021	2021	NUM
fbem-5062	24	48	age	age	NOUN
fbem-5062	24	49	2013	2013	NUM
fbem-5062	24	50	2014	2014	NUM
fbem-5062	24	51	2015	2015	NUM
fbem-5062	24	52	2016	2016	NUM
fbem-5062	24	53	2017	2017	NUM
fbem-5062	24	54	2018	2018	NUM
fbem-5062	24	55	2019	2019	NUM
fbem-5062	24	56	2020	2020	NUM
fbem-5062	24	57	2021	2021	NUM
fbem-5062	24	58	net	net	ADJ
fbem-5062	24	59	operating	operating	NOUN
fbem-5062	24	60	profit	profit	NOUN
fbem-5062	24	61	after	after	ADP
fbem-5062	24	62	tax	tax	NOUN
fbem-5062	24	63	25.61	25.61	NUM
fbem-5062	24	64	24.44	24.44	NUM
fbem-5062	24	65	28.70	28.70	NUM
fbem-5062	24	66	31.39	31.39	NUM
fbem-5062	24	67	34.76	34.76	NUM
fbem-5062	24	68	38.21	38.21	NUM
fbem-5062	24	69	47.04	47.04	NUM
fbem-5062	24	70	60.1	60.1	NUM
fbem-5062	24	71	34.55	34.55	NUM
fbem-5062	24	72	investment	investment	NOUN
fbem-5062	24	73	capital	capital	NOUN
fbem-5062	24	74	90.97	90.97	NUM
fbem-5062	24	75	120.49	120.49	NUM
fbem-5062	24	76	143.81	143.81	NUM
fbem-5062	24	77	177.05	177.05	NUM
fbem-5062	24	78	200.9	200.9	NUM
fbem-5062	24	79	197.27	197.27	NUM
fbem-5062	24	80	386.43	386.43	NUM
fbem-5062	24	81	406.73	406.73	NUM
fbem-5062	24	82	409.62	409.62	NUM
fbem-5062	24	83	return	return	NOUN
fbem-5062	24	84	on	on	ADP
fbem-5062	24	85	investment	investment	NOUN
fbem-5062	24	86	capital	capital	NOUN
fbem-5062	24	87	:	:	PUNCT
fbem-5062	24	88	(	(	PUNCT
fbem-5062	24	89	%	%	INTJ
fbem-5062	24	90	)	)	PUNCT
fbem-5062	24	91	28.15	28.15	NUM
fbem-5062	24	92	20.29	20.29	NUM
fbem-5062	24	93	19.96	19.96	NUM
fbem-5062	24	94	17.73	17.73	NUM
fbem-5062	24	95	17.3	17.3	NUM
fbem-5062	24	96	19.37	19.37	NUM
fbem-5062	24	97	12.17	12.17	NUM
fbem-5062	24	98	14.78	14.78	NUM
fbem-5062	24	99	8.43	8.43	NUM
fbem-5062	24	100	weighted	weight	VERB
fbem-5062	24	101	average	average	ADJ
fbem-5062	24	102	capital	capital	NOUN
fbem-5062	24	103	cost	cost	NOUN
fbem-5062	24	104	ratio	ratio	NOUN
fbem-5062	24	105	(	(	PUNCT
fbem-5062	24	106	%	%	INTJ
fbem-5062	24	107	)	)	PUNCT
fbem-5062	24	108	9.01	9.01	NUM
fbem-5062	24	109	9.84	9.84	NUM
fbem-5062	24	110	10.03	10.03	NUM
fbem-5062	24	111	9.34	9.34	NUM
fbem-5062	24	112	9.39	9.39	NUM
fbem-5062	24	113	7.99	7.99	NUM
fbem-5062	24	114	9.55	9.55	NUM
fbem-5062	24	115	9.91	9.91	NUM
fbem-5062	24	116	8.4	8.4	NUM
fbem-5062	24	117	create	create	VERB
fbem-5062	24	118	the	the	DET
fbem-5062	24	119	value	value	NOUN
fbem-5062	24	120	of	of	ADP
fbem-5062	24	121	the	the	DET
fbem-5062	24	122	ability	ability	NOUN
fbem-5062	24	123	to	to	PART
fbem-5062	24	124	(	(	PUNCT
fbem-5062	24	125	%	%	INTJ
fbem-5062	24	126	)	)	PUNCT
fbem-5062	24	127	19.14	19.14	NUM
fbem-5062	24	128	10.45	10.45	NUM
fbem-5062	24	129	9.93	9.93	NUM
fbem-5062	24	130	8.39	8.39	NUM
fbem-5062	24	131	7.91	7.91	NUM
fbem-5062	24	132	11.38	11.38	NUM
fbem-5062	24	133	2.62	2.62	NUM
fbem-5062	24	134	4.87	4.87	NUM
fbem-5062	24	135	0.03	0.03	NUM
fbem-5062	24	136	economic	economic	ADJ
fbem-5062	24	137	value	value	NOUN
fbem-5062	24	138	17.41	17.41	NUM
fbem-5062	24	139	12.59	12.59	NUM
fbem-5062	24	140	14.28	14.28	NUM
fbem-5062	24	141	14.86	14.86	NUM
fbem-5062	24	142	15.90	15.90	NUM
fbem-5062	24	143	22.46	22.46	NUM
fbem-5062	24	144	10.14	10.14	NUM
fbem-5062	24	145	19.80	19.80	NUM
fbem-5062	24	146	0.14	0.14	NUM
fbem-5062	24	147	table	table	NOUN
fbem-5062	24	148	2	2	NUM
fbem-5062	24	149	.	.	PUNCT
fbem-5062	25	1	the	the	DET
fbem-5062	25	2	calculation	calculation	NOUN
fbem-5062	25	3	of	of	ADP
fbem-5062	25	4	yunnan	yunnan	NOUN
fbem-5062	25	5	baiyao	baiyao	PROPN
fbem-5062	25	6	2013	2013	NUM
fbem-5062	25	7	-	-	SYM
fbem-5062	25	8	2021	2021	NUM
fbem-5062	25	9	age	age	NOUN
fbem-5062	25	10	2013	2013	NUM
fbem-5062	25	11	2014	2014	NUM
fbem-5062	25	12	2015	2015	NUM
fbem-5062	25	13	2016	2016	NUM
fbem-5062	25	14	2017	2017	NUM
fbem-5062	25	15	2018	2018	NUM
fbem-5062	25	16	2019	2019	NUM
fbem-5062	25	17	2020	2020	NUM
fbem-5062	25	18	2021	2021	NUM
fbem-5062	25	19	sales	sale	NOUN
fbem-5062	25	20	growth	growth	NOUN
fbem-5062	25	21	rate	rate	NOUN
fbem-5062	25	22	of	of	ADP
fbem-5062	25	23	(	(	PUNCT
fbem-5062	25	24	%	%	NOUN
fbem-5062	25	25	)	)	PUNCT
fbem-5062	25	26	15.55	15.55	NUM
fbem-5062	25	27	18.96	18.96	NUM
fbem-5062	25	28	10.23	10.23	NUM
fbem-5062	25	29	8.07	8.07	NUM
fbem-5062	25	30	8.50	8.50	NUM
fbem-5062	25	31	9.84	9.84	NUM
fbem-5062	25	32	11.07	11.07	NUM
fbem-5062	25	33	10.38	10.38	NUM
fbem-5062	25	34	11.09	11.09	NUM
fbem-5062	25	35	sustainable	sustainable	ADJ
fbem-5062	25	36	growth	growth	NOUN
fbem-5062	25	37	rate	rate	NOUN
fbem-5062	26	1	of	of	ADP
fbem-5062	26	2	(	(	PUNCT
fbem-5062	26	3	%	%	NOUN
fbem-5062	26	4	)	)	PUNCT
fbem-5062	26	5	29.13	29.13	NUM
fbem-5062	26	6	23.69	23.69	NUM
fbem-5062	26	7	21.59	21.59	NUM
fbem-5062	26	8	21.11	21.11	NUM
fbem-5062	26	9	19.13	19.13	NUM
fbem-5062	26	10	17.28	17.28	NUM
fbem-5062	26	11	7.30	7.30	NUM
fbem-5062	26	12	9.03	9.03	NUM
fbem-5062	26	13	-1.03	-1.03	NUM
fbem-5062	26	14	sustainable	sustainable	ADJ
fbem-5062	26	15	development	development	NOUN
fbem-5062	26	16	capability	capability	NOUN
fbem-5062	26	17	:	:	PUNCT
fbem-5062	26	18	(	(	PUNCT
fbem-5062	26	19	%	%	INTJ
fbem-5062	26	20	)	)	PUNCT
fbem-5062	26	21	-13.58	-13.58	PROPN
fbem-5062	26	22	-4.73	-4.73	INTJ
fbem-5062	26	23	-11.37	-11.37	PROPN
fbem-5062	26	24	-13.04	-13.04	PROPN
fbem-5062	26	25	-10.63	-10.63	PROPN
fbem-5062	26	26	-7.44	-7.44	NUM
fbem-5062	26	27	3.77	3.77	NUM
fbem-5062	26	28	1.34	1.34	NUM
fbem-5062	26	29	12.12	12.12	NUM
fbem-5062	26	30	table	table	NOUN
fbem-5062	26	31	3	3	NUM
fbem-5062	26	32	.	.	PUNCT
fbem-5062	26	33	yunnan	yunnan	PROPN
fbem-5062	26	34	baiyao	baiyao	ADJ
fbem-5062	26	35	financial	financial	ADJ
fbem-5062	26	36	strategy	strategy	NOUN
fbem-5062	26	37	matrix	matrix	NOUN
fbem-5062	26	38	horizontal	horizontal	ADJ
fbem-5062	26	39	and	and	CCONJ
fbem-5062	26	40	vertical	vertical	ADJ
fbem-5062	26	41	axis	axis	NOUN
fbem-5062	26	42	data	datum	NOUN
fbem-5062	26	43	age	age	NOUN
fbem-5062	26	44	2013	2013	NUM
fbem-5062	26	45	2014	2014	NUM
fbem-5062	26	46	2015	2015	NUM
fbem-5062	26	47	2016	2016	NUM
fbem-5062	26	48	2017	2017	NUM
fbem-5062	26	49	2018	2018	NUM
fbem-5062	26	50	2019	2019	NUM
fbem-5062	26	51	2020	2020	NUM
fbem-5062	26	52	2021	2021	NUM
fbem-5062	26	53	x	x	ADJ
fbem-5062	26	54	-	-	NOUN
fbem-5062	26	55	axis	axis	ADJ
fbem-5062	26	56	-13.58	-13.58	NOUN
fbem-5062	26	57	-4.73	-4.73	NOUN
fbem-5062	26	58	-11.37	-11.37	PROPN
fbem-5062	26	59	-13.04	-13.04	PROPN
fbem-5062	26	60	-10.63	-10.63	PROPN
fbem-5062	26	61	-7.44	-7.44	NUM
fbem-5062	26	62	3.77	3.77	NUM
fbem-5062	26	63	1.34	1.34	NUM
fbem-5062	26	64	12.12	12.12	NUM
fbem-5062	26	65	y	y	NOUN
fbem-5062	26	66	-	-	PUNCT
fbem-5062	26	67	axis	axis	NOUN
fbem-5062	26	68	19.14	19.14	NUM
fbem-5062	26	69	10.45	10.45	NUM
fbem-5062	26	70	9.93	9.93	NUM
fbem-5062	26	71	8.39	8.39	NUM
fbem-5062	26	72	7.91	7.91	NUM
fbem-5062	26	73	11.38	11.38	NUM
fbem-5062	26	74	2.62	2.62	NUM
fbem-5062	26	75	4.87	4.87	NUM
fbem-5062	26	76	0.03	0.03	NUM
fbem-5062	26	77	matrix	matrix	NOUN
fbem-5062	26	78	state	state	NOUN
fbem-5062	26	79	capital	capital	NOUN
fbem-5062	26	80	surplus	surplus	NOUN
fbem-5062	26	81	,	,	PUNCT
fbem-5062	26	82	value	value	NOUN
fbem-5062	26	83	appreciation	appreciation	NOUN
fbem-5062	26	84	capital	capital	NOUN
fbem-5062	26	85	surplus	surplus	NOUN
fbem-5062	26	86	,	,	PUNCT
fbem-5062	26	87	value	value	NOUN
fbem-5062	26	88	appreciation	appreciation	NOUN
fbem-5062	26	89	capital	capital	NOUN
fbem-5062	26	90	surplus	surplus	NOUN
fbem-5062	26	91	,	,	PUNCT
fbem-5062	26	92	value	value	NOUN
fbem-5062	26	93	appreciation	appreciation	NOUN
fbem-5062	26	94	capital	capital	NOUN
fbem-5062	26	95	surplus	surplus	NOUN
fbem-5062	26	96	,	,	PUNCT
fbem-5062	26	97	value	value	NOUN
fbem-5062	26	98	appreciation	appreciation	NOUN
fbem-5062	26	99	capital	capital	NOUN
fbem-5062	26	100	surplus	surplus	NOUN
fbem-5062	26	101	,	,	PUNCT
fbem-5062	26	102	value	value	NOUN
fbem-5062	26	103	appreciation	appreciation	NOUN
fbem-5062	26	104	capital	capital	NOUN
fbem-5062	26	105	surplus	surplus	NOUN
fbem-5062	26	106	,	,	PUNCT
fbem-5062	26	107	value	value	NOUN
fbem-5062	26	108	appreciation	appreciation	NOUN
fbem-5062	26	109	capital	capital	NOUN
fbem-5062	26	110	shortage	shortage	NOUN
fbem-5062	26	111	,	,	PUNCT
fbem-5062	26	112	value	value	NOUN
fbem-5062	26	113	appreciation	appreciation	NOUN
fbem-5062	26	114	capital	capital	NOUN
fbem-5062	26	115	shortage	shortage	NOUN
fbem-5062	26	116	,	,	PUNCT
fbem-5062	26	117	value	value	NOUN
fbem-5062	26	118	appreciation	appreciation	NOUN
fbem-5062	26	119	capital	capital	NOUN
fbem-5062	26	120	shortage	shortage	NOUN
fbem-5062	26	121	,	,	PUNCT
fbem-5062	26	122	value	value	NOUN
fbem-5062	26	123	appreciation	appreciation	NOUN
fbem-5062	26	124	3.2	3.2	NUM
fbem-5062	26	125	.	.	PUNCT
fbem-5062	27	1	the	the	DET
fbem-5062	27	2	calculation	calculation	NOUN
fbem-5062	27	3	of	of	ADP
fbem-5062	27	4	value	value	NOUN
fbem-5062	27	5	sustainability	sustainability	NOUN
fbem-5062	27	6	ability	ability	NOUN
fbem-5062	27	7	the	the	DET
fbem-5062	27	8	sustainable	sustainable	ADJ
fbem-5062	27	9	development	development	NOUN
fbem-5062	27	10	ability	ability	NOUN
fbem-5062	27	11	of	of	ADP
fbem-5062	27	12	an	an	DET
fbem-5062	27	13	enterprise	enterprise	NOUN
fbem-5062	27	14	is	be	AUX
fbem-5062	27	15	an	an	DET
fbem-5062	27	16	important	important	ADJ
fbem-5062	27	17	indicator	indicator	NOUN
fbem-5062	27	18	to	to	PART
fbem-5062	27	19	evaluate	evaluate	VERB
fbem-5062	27	20	the	the	DET
fbem-5062	27	21	surplus	surplus	NOUN
fbem-5062	27	22	or	or	CCONJ
fbem-5062	27	23	shortage	shortage	NOUN
fbem-5062	27	24	of	of	ADP
fbem-5062	27	25	enterprise	enterprise	NOUN
fbem-5062	27	26	funds	fund	NOUN
fbem-5062	27	27	.	.	PUNCT
fbem-5062	28	1	the	the	DET
fbem-5062	28	2	evaluation	evaluation	NOUN
fbem-5062	28	3	method	method	NOUN
fbem-5062	28	4	is	be	AUX
fbem-5062	28	5	the	the	DET
fbem-5062	28	6	difference	difference	NOUN
fbem-5062	28	7	between	between	ADP
fbem-5062	28	8	the	the	DET
fbem-5062	28	9	sales	sale	NOUN
fbem-5062	28	10	growth	growth	NOUN
fbem-5062	28	11	rate	rate	NOUN
fbem-5062	28	12	and	and	CCONJ
fbem-5062	28	13	the	the	DET
fbem-5062	28	14	sustainable	sustainable	ADJ
fbem-5062	28	15	growth	growth	NOUN
fbem-5062	28	16	rate	rate	NOUN
fbem-5062	28	17	of	of	ADP
fbem-5062	28	18	an	an	DET
fbem-5062	28	19	enterprise	enterprise	NOUN
fbem-5062	28	20	.	.	PUNCT
fbem-5062	29	1	as	as	SCONJ
fbem-5062	29	2	shown	show	VERB
fbem-5062	29	3	in	in	ADP
fbem-5062	29	4	table	table	NOUN
fbem-5062	29	5	2	2	NUM
fbem-5062	29	6	.	.	PUNCT
fbem-5062	30	1	construction	construction	NOUN
fbem-5062	30	2	of	of	ADP
fbem-5062	30	3	yunnan	yunnan	PROPN
fbem-5062	30	4	baiyao	baiyao	ADJ
fbem-5062	30	5	financial	financial	ADJ
fbem-5062	30	6	strategy	strategy	NOUN
fbem-5062	30	7	matrix	matrix	NOUN
fbem-5062	30	8	through	through	ADP
fbem-5062	30	9	the	the	DET
fbem-5062	30	10	horizontal	horizontal	ADJ
fbem-5062	30	11	and	and	CCONJ
fbem-5062	30	12	vertical	vertical	ADJ
fbem-5062	30	13	coordinates	coordinate	NOUN
fbem-5062	30	14	of	of	ADP
fbem-5062	30	15	the	the	DET
fbem-5062	30	16	financial	financial	ADJ
fbem-5062	30	17	strategy	strategy	NOUN
fbem-5062	30	18	matrix	matrix	NOUN
fbem-5062	30	19	are	be	AUX
fbem-5062	30	20	obtained	obtain	VERB
fbem-5062	30	21	,	,	PUNCT
fbem-5062	30	22	and	and	CCONJ
fbem-5062	30	23	the	the	DET
fbem-5062	30	24	financial	financial	ADJ
fbem-5062	30	25	strategy	strategy	NOUN
fbem-5062	30	26	matrix	matrix	NOUN
fbem-5062	30	27	of	of	ADP
fbem-5062	30	28	yunnan	yunnan	PROPN
fbem-5062	30	29	baiyao	baiyao	NOUN
fbem-5062	30	30	is	be	AUX
fbem-5062	30	31	constructed	construct	VERB
fbem-5062	30	32	according	accord	VERB
fbem-5062	30	33	to	to	ADP
fbem-5062	30	34	the	the	DET
fbem-5062	30	35	data.as	data.as	NOUN
fbem-5062	30	36	shown	show	VERB
fbem-5062	30	37	in	in	ADP
fbem-5062	30	38	table	table	NOUN
fbem-5062	30	39	3	3	NUM
fbem-5062	30	40	.	.	PUNCT
fbem-5062	31	1	according	accord	VERB
fbem-5062	31	2	to	to	ADP
fbem-5062	31	3	the	the	DET
fbem-5062	31	4	analysis	analysis	NOUN
fbem-5062	31	5	,	,	PUNCT
fbem-5062	31	6	the	the	DET
fbem-5062	31	7	year	year	NOUN
fbem-5062	31	8	when	when	SCONJ
fbem-5062	31	9	yunnan	yunnan	PROPN
fbem-5062	31	10	baiyao	baiyao	NOUN
fbem-5062	31	11	is	be	AUX
fbem-5062	31	12	in	in	ADP
fbem-5062	31	13	the	the	DET
fbem-5062	31	14	first	first	ADJ
fbem-5062	31	15	quadrant	quadrant	NOUN
fbem-5062	31	16	is	be	AUX
fbem-5062	31	17	from	from	ADP
fbem-5062	31	18	2019	2019	NUM
fbem-5062	31	19	to	to	ADP
fbem-5062	31	20	2021	2021	NUM
fbem-5062	31	21	,	,	PUNCT
fbem-5062	31	22	and	and	CCONJ
fbem-5062	31	23	the	the	DET
fbem-5062	31	24	enterprise	enterprise	NOUN
fbem-5062	31	25	status	status	NOUN
fbem-5062	31	26	in	in	ADP
fbem-5062	31	27	this	this	DET
fbem-5062	31	28	quadrant	quadrant	NOUN
fbem-5062	31	29	is	be	AUX
fbem-5062	31	30	short	short	ADJ
fbem-5062	31	31	of	of	ADP
fbem-5062	31	32	funds	fund	NOUN
fbem-5062	31	33	and	and	CCONJ
fbem-5062	31	34	value	value	NOUN
fbem-5062	31	35	appreciation	appreciation	NOUN
fbem-5062	31	36	.	.	PUNCT
fbem-5062	32	1	yunnan	yunnan	PROPN
fbem-5062	32	2	baiyao	baiyao	NOUN
fbem-5062	32	3	was	be	AUX
fbem-5062	32	4	in	in	ADP
fbem-5062	32	5	the	the	DET
fbem-5062	32	6	second	second	ADJ
fbem-5062	32	7	quadrant	quadrant	NOUN
fbem-5062	32	8	from	from	ADP
fbem-5062	32	9	2013	2013	NUM
fbem-5062	32	10	to	to	ADP
fbem-5062	32	11	2018	2018	NUM
fbem-5062	32	12	.	.	PUNCT
fbem-5062	33	1	the	the	DET
fbem-5062	33	2	enterprise	enterprise	NOUN
fbem-5062	33	3	status	status	NOUN
fbem-5062	33	4	shown	show	VERB
fbem-5062	33	5	in	in	ADP
fbem-5062	33	6	the	the	DET
fbem-5062	33	7	quadrant	quadrant	NOUN
fbem-5062	33	8	was	be	AUX
fbem-5062	33	9	capital	capital	NOUN
fbem-5062	33	10	surplus	surplus	NOUN
fbem-5062	33	11	and	and	CCONJ
fbem-5062	33	12	value	value	NOUN
fbem-5062	33	13	appreciation	appreciation	NOUN
fbem-5062	33	14	.	.	PUNCT
fbem-5062	34	1	in	in	ADP
fbem-5062	34	2	recent	recent	ADJ
fbem-5062	34	3	years	year	NOUN
fbem-5062	34	4	,	,	PUNCT
fbem-5062	34	5	yunnan	yunnan	PROPN
fbem-5062	34	6	baiyao	baiyao	NOUN
fbem-5062	34	7	has	have	AUX
fbem-5062	34	8	been	be	AUX
fbem-5062	34	9	short	short	ADJ
fbem-5062	34	10	of	of	ADP
fbem-5062	34	11	funds	fund	NOUN
fbem-5062	34	12	for	for	ADP
fbem-5062	34	13	four	four	NUM
fbem-5062	34	14	years	year	NOUN
fbem-5062	34	15	,	,	PUNCT
fbem-5062	34	16	but	but	CCONJ
fbem-5062	34	17	it	it	PRON
fbem-5062	34	18	still	still	ADV
fbem-5062	34	19	insists	insist	VERB
fbem-5062	34	20	on	on	ADP
fbem-5062	34	21	paying	pay	VERB
fbem-5062	34	22	cash	cash	NOUN
fbem-5062	34	23	dividends	dividend	NOUN
fbem-5062	34	24	during	during	ADP
fbem-5062	34	25	this	this	DET
fbem-5062	34	26	period	period	NOUN
fbem-5062	34	27	.	.	PUNCT
fbem-5062	35	1	in	in	ADP
fbem-5062	35	2	this	this	DET
fbem-5062	35	3	case	case	NOUN
fbem-5062	35	4	,	,	PUNCT
fbem-5062	35	5	it	it	PRON
fbem-5062	35	6	is	be	AUX
fbem-5062	35	7	likely	likely	ADJ
fbem-5062	35	8	to	to	PART
fbem-5062	35	9	bring	bring	VERB
fbem-5062	35	10	operational	operational	ADJ
fbem-5062	35	11	risks	risk	NOUN
fbem-5062	35	12	to	to	ADP
fbem-5062	35	13	the	the	DET
fbem-5062	35	14	enterprise	enterprise	NOUN
fbem-5062	35	15	.	.	PUNCT
fbem-5062	36	1	the	the	DET
fbem-5062	36	2	remaining	remain	VERB
fbem-5062	36	3	year	year	NOUN
fbem-5062	36	4	of	of	ADP
fbem-5062	36	5	funds	fund	NOUN
fbem-5062	36	6	is	be	AUX
fbem-5062	36	7	6	6	NUM
fbem-5062	36	8	years	year	NOUN
fbem-5062	36	9	,	,	PUNCT
fbem-5062	36	10	and	and	CCONJ
fbem-5062	36	11	the	the	DET
fbem-5062	36	12	level	level	NOUN
fbem-5062	36	13	of	of	ADP
fbem-5062	36	14	cash	cash	NOUN
fbem-5062	36	15	dividend	dividend	NOUN
fbem-5062	36	16	payment	payment	NOUN
fbem-5062	36	17	in	in	ADP
fbem-5062	36	18	these	these	DET
fbem-5062	36	19	6	6	NUM
fbem-5062	36	20	years	year	NOUN
fbem-5062	36	21	is	be	AUX
fbem-5062	36	22	relatively	relatively	ADV
fbem-5062	36	23	low	low	ADJ
fbem-5062	36	24	.	.	PUNCT
fbem-5062	37	1	if	if	SCONJ
fbem-5062	37	2	an	an	DET
fbem-5062	37	3	enterprise	enterprise	NOUN
fbem-5062	37	4	is	be	AUX
fbem-5062	37	5	in	in	ADP
fbem-5062	37	6	a	a	DET
fbem-5062	37	7	state	state	NOUN
fbem-5062	37	8	of	of	ADP
fbem-5062	37	9	long	long	ADJ
fbem-5062	37	10	-	-	PUNCT
fbem-5062	37	11	term	term	NOUN
fbem-5062	37	12	capital	capital	NOUN
fbem-5062	37	13	shortage	shortage	NOUN
fbem-5062	37	14	,	,	PUNCT
fbem-5062	37	15	it	it	PRON
fbem-5062	37	16	will	will	AUX
fbem-5062	37	17	accelerate	accelerate	VERB
fbem-5062	37	18	the	the	DET
fbem-5062	37	19	consumption	consumption	NOUN
fbem-5062	37	20	of	of	ADP
fbem-5062	37	21	the	the	DET
fbem-5062	37	22	intrinsic	intrinsic	ADJ
fbem-5062	37	23	value	value	NOUN
fbem-5062	37	24	of	of	ADP
fbem-5062	37	25	the	the	DET
fbem-5062	37	26	enterprise	enterprise	NOUN
fbem-5062	37	27	and	and	CCONJ
fbem-5062	37	28	hinder	hinder	VERB
fbem-5062	37	29	the	the	DET
fbem-5062	37	30	long	long	ADJ
fbem-5062	37	31	-	-	PUNCT
fbem-5062	37	32	term	term	NOUN
fbem-5062	37	33	development	development	NOUN
fbem-5062	37	34	of	of	ADP
fbem-5062	37	35	the	the	DET
fbem-5062	37	36	enterprise	enterprise	NOUN
fbem-5062	37	37	.	.	PUNCT
fbem-5062	38	1	on	on	ADP
fbem-5062	38	2	the	the	DET
fbem-5062	38	3	other	other	ADJ
fbem-5062	38	4	hand	hand	NOUN
fbem-5062	38	5	,	,	PUNCT
fbem-5062	38	6	if	if	SCONJ
fbem-5062	38	7	the	the	DET
fbem-5062	38	8	enterprise	enterprise	NOUN
fbem-5062	38	9	has	have	VERB
fbem-5062	38	10	excess	excess	ADJ
fbem-5062	38	11	funds	fund	NOUN
fbem-5062	38	12	,	,	PUNCT
fbem-5062	38	13	it	it	PRON
fbem-5062	38	14	means	mean	VERB
fbem-5062	38	15	that	that	SCONJ
fbem-5062	38	16	the	the	DET
fbem-5062	38	17	capital	capital	NOUN
fbem-5062	38	18	is	be	AUX
fbem-5062	38	19	not	not	PART
fbem-5062	38	20	fully	fully	ADV
fbem-5062	38	21	utilized	utilize	VERB
fbem-5062	38	22	,	,	PUNCT
fbem-5062	38	23	which	which	PRON
fbem-5062	38	24	will	will	AUX
fbem-5062	38	25	hinder	hinder	VERB
fbem-5062	38	26	the	the	DET
fbem-5062	38	27	development	development	NOUN
fbem-5062	38	28	of	of	ADP
fbem-5062	38	29	the	the	DET
fbem-5062	38	30	company	company	NOUN
fbem-5062	38	31	.	.	PUNCT
fbem-5062	39	1	yunnan	yunnan	PROPN
fbem-5062	39	2	baiyao	baiyao	PROPN
fbem-5062	39	3	continues	continue	VERB
fbem-5062	39	4	to	to	PART
fbem-5062	39	5	create	create	VERB
fbem-5062	39	6	value	value	NOUN
fbem-5062	39	7	for	for	ADP
fbem-5062	39	8	shareholders	shareholder	NOUN
fbem-5062	39	9	for	for	ADP
fbem-5062	39	10	most	most	ADJ
fbem-5062	39	11	of	of	ADP
fbem-5062	39	12	the	the	DET
fbem-5062	39	13	time	time	NOUN
fbem-5062	39	14	,	,	PUNCT
fbem-5062	39	15	but	but	CCONJ
fbem-5062	39	16	the	the	DET
fbem-5062	39	17	income	income	NOUN
fbem-5062	39	18	from	from	ADP
fbem-5062	39	19	shareholders	shareholder	NOUN
fbem-5062	39	20	does	do	AUX
fbem-5062	39	21	not	not	PART
fbem-5062	39	22	improve	improve	VERB
fbem-5062	39	23	,	,	PUNCT
fbem-5062	39	24	which	which	PRON
fbem-5062	39	25	shows	show	VERB
fbem-5062	39	26	that	that	SCONJ
fbem-5062	39	27	yunnan	yunnan	PROPN
fbem-5062	39	28	baiyao	baiyao	PROPN
fbem-5062	39	29	's	's	PART
fbem-5062	39	30	dividend	dividend	NOUN
fbem-5062	39	31	distribution	distribution	NOUN
fbem-5062	39	32	policy	policy	NOUN
fbem-5062	39	33	does	do	AUX
fbem-5062	39	34	not	not	PART
fbem-5062	39	35	match	match	VERB
fbem-5062	39	36	its	its	PRON
fbem-5062	39	37	own	own	ADJ
fbem-5062	39	38	financial	financial	ADJ
fbem-5062	39	39	situation	situation	NOUN
fbem-5062	39	40	.	.	PUNCT
fbem-5062	40	1	4	4	X
fbem-5062	40	2	.	.	X
fbem-5062	40	3	yunnan	yunnan	NOUN
fbem-5062	40	4	baiyao	baiyao	ADJ
fbem-5062	40	5	dividend	dividend	NOUN
fbem-5062	40	6	distribution	distribution	NOUN
fbem-5062	40	7	policy	policy	NOUN
fbem-5062	40	8	analysis	analysis	NOUN
fbem-5062	40	9	enterprise	enterprise	NOUN
fbem-5062	40	10	dividend	dividend	NOUN
fbem-5062	40	11	distribution	distribution	NOUN
fbem-5062	40	12	should	should	AUX
fbem-5062	40	13	not	not	PART
fbem-5062	40	14	only	only	ADV
fbem-5062	40	15	consider	consider	VERB
fbem-5062	40	16	the	the	DET
fbem-5062	40	17	annual	annual	ADJ
fbem-5062	40	18	operation	operation	NOUN
fbem-5062	40	19	and	and	CCONJ
fbem-5062	40	20	development	development	NOUN
fbem-5062	40	21	of	of	ADP
fbem-5062	40	22	enterprises	enterprise	NOUN
fbem-5062	40	23	,	,	PUNCT
fbem-5062	40	24	but	but	CCONJ
fbem-5062	40	25	also	also	ADV
fbem-5062	40	26	be	be	AUX
fbem-5062	40	27	overall	overall	ADJ
fbem-5062	40	28	and	and	CCONJ
fbem-5062	40	29	long	long	ADJ
fbem-5062	40	30	-	-	PUNCT
fbem-5062	40	31	term	term	NOUN
fbem-5062	40	32	.	.	PUNCT
fbem-5062	41	1	for	for	ADP
fbem-5062	41	2	an	an	DET
fbem-5062	41	3	enterprise	enterprise	NOUN
fbem-5062	41	4	,	,	PUNCT
fbem-5062	41	5	how	how	SCONJ
fbem-5062	41	6	to	to	PART
fbem-5062	41	7	reasonably	reasonably	ADV
fbem-5062	41	8	distribute	distribute	VERB
fbem-5062	41	9	the	the	DET
fbem-5062	41	10	dividends	dividend	NOUN
fbem-5062	41	11	is	be	AUX
fbem-5062	41	12	of	of	ADP
fbem-5062	41	13	great	great	ADJ
fbem-5062	41	14	significance	significance	NOUN
fbem-5062	41	15	to	to	ADP
fbem-5062	41	16	the	the	DET
fbem-5062	41	17	stability	stability	NOUN
fbem-5062	41	18	and	and	CCONJ
fbem-5062	41	19	development	development	NOUN
fbem-5062	41	20	of	of	ADP
fbem-5062	41	21	enterprise	enterprise	NOUN
fbem-5062	41	22	funds	fund	NOUN
fbem-5062	41	23	.	.	PUNCT
fbem-5062	42	1	the	the	DET
fbem-5062	42	2	specific	specific	ADJ
fbem-5062	42	3	distribution	distribution	NOUN
fbem-5062	42	4	of	of	ADP
fbem-5062	42	5	baiyao	baiyao	NOUN
fbem-5062	42	6	in	in	ADP
fbem-5062	42	7	yunnan	yunnan	NOUN
fbem-5062	42	8	from	from	ADP
fbem-5062	42	9	2013	2013	NUM
fbem-5062	42	10	to	to	ADP
fbem-5062	42	11	2021	2021	NUM
fbem-5062	42	12	is	be	AUX
fbem-5062	42	13	shown	show	VERB
fbem-5062	42	14	in	in	ADP
fbem-5062	42	15	table	table	NOUN
fbem-5062	42	16	4	4	NUM
fbem-5062	42	17	.	.	PUNCT
fbem-5062	43	1	as	as	SCONJ
fbem-5062	43	2	can	can	AUX
fbem-5062	43	3	be	be	AUX
fbem-5062	43	4	seen	see	VERB
fbem-5062	43	5	from	from	ADP
fbem-5062	43	6	table	table	NOUN
fbem-5062	43	7	1	1	NUM
fbem-5062	43	8	and	and	CCONJ
fbem-5062	43	9	the	the	DET
fbem-5062	43	10	financial	financial	ADJ
fbem-5062	43	11	strategy	strategy	NOUN
fbem-5062	43	12	matrix	matrix	NOUN
fbem-5062	43	13	,	,	PUNCT
fbem-5062	43	14	the	the	DET
fbem-5062	43	15	dividend	dividend	NOUN
fbem-5062	43	16	distribution	distribution	NOUN
fbem-5062	43	17	policy	policy	NOUN
fbem-5062	43	18	of	of	ADP
fbem-5062	43	19	yunnan	yunnan	PROPN
fbem-5062	43	20	baiyao	baiyao	NOUN
fbem-5062	43	21	has	have	VERB
fbem-5062	43	22	the	the	DET
fbem-5062	43	23	following	follow	VERB
fbem-5062	43	24	problems	problem	NOUN
fbem-5062	43	25	:	:	PUNCT
fbem-5062	43	26	(	(	PUNCT
fbem-5062	43	27	1	1	X
fbem-5062	43	28	)	)	PUNCT
fbem-5062	43	29	mismatch	mismatch	NOUN
fbem-5062	43	30	with	with	ADP
fbem-5062	43	31	the	the	DET
fbem-5062	43	32	financial	financial	ADJ
fbem-5062	43	33	strategy	strategy	NOUN
fbem-5062	43	34	matrix	matrix	NOUN
fbem-5062	43	35	from	from	ADP
fbem-5062	43	36	2013	2013	NUM
fbem-5062	43	37	to	to	ADP
fbem-5062	43	38	2018	2018	NUM
fbem-5062	43	39	,	,	PUNCT
fbem-5062	43	40	yunnan	yunnan	NOUN
fbem-5062	43	41	baiyao	baiyao	NOUN
fbem-5062	43	42	was	be	AUX
fbem-5062	43	43	in	in	ADP
fbem-5062	43	44	the	the	DET
fbem-5062	43	45	stage	stage	NOUN
fbem-5062	43	46	of	of	ADP
fbem-5062	43	47	capital	capital	NOUN
fbem-5062	43	48	surplus	surplus	NOUN
fbem-5062	43	49	value	value	NOUN
fbem-5062	43	50	appreciation	appreciation	NOUN
fbem-5062	43	51	.	.	PUNCT
fbem-5062	44	1	in	in	ADP
fbem-5062	44	2	order	order	NOUN
fbem-5062	44	3	to	to	PART
fbem-5062	44	4	show	show	VERB
fbem-5062	44	5	the	the	DET
fbem-5062	44	6	signal	signal	NOUN
fbem-5062	44	7	of	of	ADP
fbem-5062	44	8	its	its	PRON
fbem-5062	44	9	good	good	ADJ
fbem-5062	44	10	operating	operating	NOUN
fbem-5062	44	11	condition	condition	NOUN
fbem-5062	44	12	to	to	ADP
fbem-5062	44	13	the	the	DET
fbem-5062	44	14	outside	outside	ADJ
fbem-5062	44	15	world	world	NOUN
fbem-5062	44	16	,	,	PUNCT
fbem-5062	44	17	yunnan	yunnan	NOUN
fbem-5062	44	18	baiyao	baiyao	NOUN
fbem-5062	44	19	should	should	AUX
fbem-5062	44	20	appropriately	appropriately	ADV
fbem-5062	44	21	increase	increase	VERB
fbem-5062	44	22	the	the	DET
fbem-5062	44	23	amount	amount	NOUN
fbem-5062	44	24	of	of	ADP
fbem-5062	44	25	cash	cash	NOUN
fbem-5062	44	26	dividend	dividend	NOUN
fbem-5062	44	27	.	.	PUNCT
fbem-5062	45	1	the	the	DET
fbem-5062	45	2	increased	increase	VERB
fbem-5062	45	3	cash	cash	NOUN
fbem-5062	45	4	dividend	dividend	NOUN
fbem-5062	45	5	of	of	ADP
fbem-5062	45	6	yunnan	yunnan	PROPN
fbem-5062	45	7	baiyao	baiyao	PROPN
fbem-5062	45	8	only	only	ADV
fbem-5062	45	9	occupies	occupy	VERB
fbem-5062	45	10	a	a	DET
fbem-5062	45	11	small	small	ADJ
fbem-5062	45	12	part	part	NOUN
fbem-5062	45	13	of	of	ADP
fbem-5062	45	14	its	its	PRON
fbem-5062	45	15	high	high	ADJ
fbem-5062	45	16	net	net	ADJ
fbem-5062	45	17	profit	profit	NOUN
fbem-5062	45	18	.	.	PUNCT
fbem-5062	46	1	in	in	ADP
fbem-5062	46	2	the	the	DET
fbem-5062	46	3	long	long	ADJ
fbem-5062	46	4	run	run	NOUN
fbem-5062	46	5	,	,	PUNCT
fbem-5062	46	6	it	it	PRON
fbem-5062	46	7	will	will	AUX
fbem-5062	46	8	convey	convey	VERB
fbem-5062	46	9	a	a	DET
fbem-5062	46	10	signal	signal	NOUN
fbem-5062	46	11	to	to	ADP
fbem-5062	46	12	the	the	DET
fbem-5062	46	13	outside	outside	ADJ
fbem-5062	46	14	world	world	NOUN
fbem-5062	46	15	that	that	SCONJ
fbem-5062	46	16	the	the	DET
fbem-5062	46	17	company	company	NOUN
fbem-5062	46	18	's	's	PART
fbem-5062	46	19	business	business	NOUN
fbem-5062	46	20	development	development	NOUN
fbem-5062	46	21	is	be	AUX
fbem-5062	46	22	not	not	PART
fbem-5062	46	23	good	good	ADJ
fbem-5062	46	24	,	,	PUNCT
fbem-5062	46	25	which	which	PRON
fbem-5062	46	26	will	will	AUX
fbem-5062	46	27	reduce	reduce	VERB
fbem-5062	46	28	shareholders	shareholder	NOUN
fbem-5062	46	29	'	'	PART
fbem-5062	46	30	investment	investment	NOUN
fbem-5062	46	31	confidence	confidence	NOUN
fbem-5062	46	32	.	.	PUNCT
fbem-5062	47	1	during	during	ADP
fbem-5062	47	2	the	the	DET
fbem-5062	47	3	period	period	NOUN
fbem-5062	47	4	of	of	ADP
fbem-5062	47	5	2018	2018	NUM
fbem-5062	47	6	-	-	SYM
fbem-5062	47	7	2021	2021	NUM
fbem-5062	47	8	,	,	PUNCT
fbem-5062	47	9	yunnan	yunnan	NOUN
fbem-5062	47	10	baiyao	baiyao	NOUN
fbem-5062	47	11	is	be	AUX
fbem-5062	47	12	in	in	ADP
fbem-5062	47	13	the	the	DET
fbem-5062	47	14	stage	stage	NOUN
fbem-5062	47	15	of	of	ADP
fbem-5062	47	16	capital	capital	NOUN
fbem-5062	47	17	surplus	surplus	NOUN
fbem-5062	47	18	but	but	CCONJ
fbem-5062	47	19	still	still	ADV
fbem-5062	47	20	creating	create	VERB
fbem-5062	47	21	value	value	NOUN
fbem-5062	47	22	for	for	ADP
fbem-5062	47	23	shareholders	shareholder	NOUN
fbem-5062	47	24	.	.	PUNCT
fbem-5062	48	1	at	at	ADP
fbem-5062	48	2	this	this	DET
fbem-5062	48	3	time	time	NOUN
fbem-5062	48	4	,	,	PUNCT
fbem-5062	48	5	the	the	DET
fbem-5062	48	6	dividend	dividend	NOUN
fbem-5062	48	7	policy	policy	NOUN
fbem-5062	48	8	should	should	AUX
fbem-5062	48	9	be	be	AUX
fbem-5062	48	10	adopted	adopt	VERB
fbem-5062	48	11	to	to	PART
fbem-5062	48	12	reduce	reduce	VERB
fbem-5062	48	13	the	the	DET
fbem-5062	48	14	dividend	dividend	NOUN
fbem-5062	48	15	payment	payment	NOUN
fbem-5062	48	16	ratio	ratio	NOUN
fbem-5062	48	17	,	,	PUNCT
fbem-5062	48	18	reduce	reduce	VERB
fbem-5062	48	19	the	the	DET
fbem-5062	48	20	distribution	distribution	NOUN
fbem-5062	48	21	of	of	ADP
fbem-5062	48	22	cash	cash	NOUN
fbem-5062	48	23	dividends	dividend	NOUN
fbem-5062	48	24	,	,	PUNCT
fbem-5062	48	25	and	and	CCONJ
fbem-5062	48	26	choose	choose	VERB
fbem-5062	48	27	the	the	DET
fbem-5062	48	28	distribution	distribution	NOUN
fbem-5062	48	29	method	method	NOUN
fbem-5062	48	30	of	of	ADP
fbem-5062	48	31	stocks	stock	NOUN
fbem-5062	48	32	,	,	PUNCT
fbem-5062	48	33	liabilities	liability	NOUN
fbem-5062	48	34	or	or	CCONJ
fbem-5062	48	35	mixed	mixed	ADJ
fbem-5062	48	36	distribution	distribution	NOUN
fbem-5062	48	37	.	.	PUNCT
fbem-5062	49	1	as	as	SCONJ
fbem-5062	49	2	can	can	AUX
fbem-5062	49	3	be	be	AUX
fbem-5062	49	4	seen	see	VERB
fbem-5062	49	5	from	from	ADP
fbem-5062	49	6	the	the	DET
fbem-5062	49	7	above	above	ADJ
fbem-5062	49	8	table	table	NOUN
fbem-5062	49	9	,	,	PUNCT
fbem-5062	49	10	the	the	DET
fbem-5062	49	11	cash	cash	NOUN
fbem-5062	49	12	dividend	dividend	NOUN
fbem-5062	49	13	amount	amount	NOUN
fbem-5062	49	14	of	of	ADP
fbem-5062	49	15	yunnan	yunnan	NOUN
fbem-5062	49	16	baiyao	baiyao	NOUN
fbem-5062	49	17	has	have	AUX
fbem-5062	49	18	increased	increase	VERB
fbem-5062	49	19	year	year	NOUN
fbem-5062	49	20	by	by	ADP
fbem-5062	49	21	year	year	NOUN
fbem-5062	49	22	from	from	ADP
fbem-5062	49	23	2018	2018	NUM
fbem-5062	49	24	to	to	ADP
fbem-5062	49	25	2021	2021	NUM
fbem-5062	49	26	,	,	PUNCT
fbem-5062	49	27	and	and	CCONJ
fbem-5062	49	28	the	the	DET
fbem-5062	49	29	amount	amount	NOUN
fbem-5062	49	30	is	be	AUX
fbem-5062	49	31	relatively	relatively	ADV
fbem-5062	49	32	large	large	ADJ
fbem-5062	49	33	,	,	PUNCT
fbem-5062	49	34	and	and	CCONJ
fbem-5062	49	35	there	there	PRON
fbem-5062	49	36	is	be	VERB
fbem-5062	49	37	no	no	DET
fbem-5062	49	38	other	other	ADJ
fbem-5062	49	39	distribution	distribution	NOUN
fbem-5062	49	40	method	method	NOUN
fbem-5062	49	41	adopted	adopt	VERB
fbem-5062	49	42	,	,	PUNCT
fbem-5062	49	43	which	which	PRON
fbem-5062	49	44	is	be	AUX
fbem-5062	49	45	obviously	obviously	ADV
fbem-5062	49	46	contrary	contrary	ADJ
fbem-5062	49	47	to	to	ADP
fbem-5062	49	48	the	the	DET
fbem-5062	49	49	dividend	dividend	NOUN
fbem-5062	49	50	policy	policy	NOUN
fbem-5062	49	51	that	that	PRON
fbem-5062	49	52	should	should	AUX
fbem-5062	49	53	be	be	AUX
fbem-5062	49	54	adopted	adopt	VERB
fbem-5062	49	55	.	.	PUNCT
fbem-5062	50	1	from	from	ADP
fbem-5062	50	2	the	the	DET
fbem-5062	50	3	perspective	perspective	NOUN
fbem-5062	50	4	of	of	ADP
fbem-5062	50	5	the	the	DET
fbem-5062	50	6	financial	financial	ADJ
fbem-5062	50	7	strategy	strategy	NOUN
fbem-5062	50	8	matrix	matrix	NOUN
fbem-5062	50	9	,	,	PUNCT
fbem-5062	50	10	this	this	DET
fbem-5062	50	11	kind	kind	NOUN
fbem-5062	50	12	of	of	ADP
fbem-5062	50	13	dividend	dividend	NOUN
fbem-5062	50	14	distribution	distribution	NOUN
fbem-5062	50	15	method	method	NOUN
fbem-5062	50	16	is	be	AUX
fbem-5062	50	17	very	very	ADV
fbem-5062	50	18	unreasonable	unreasonable	ADJ
fbem-5062	50	19	and	and	CCONJ
fbem-5062	50	20	does	do	AUX
fbem-5062	50	21	not	not	PART
fbem-5062	50	22	match	match	VERB
fbem-5062	50	23	with	with	ADP
fbem-5062	50	24	the	the	DET
fbem-5062	50	25	financial	financial	ADJ
fbem-5062	50	26	strategy	strategy	NOUN
fbem-5062	50	27	matrix	matrix	NOUN
fbem-5062	50	28	.	.	PUNCT
fbem-5062	51	1	263	263	NUM
fbem-5062	51	2	table	table	NOUN
fbem-5062	51	3	4	4	NUM
fbem-5062	51	4	.	.	PUNCT
fbem-5062	51	5	dividend	dividend	NOUN
fbem-5062	51	6	distribution	distribution	NOUN
fbem-5062	51	7	policy	policy	NOUN
fbem-5062	51	8	of	of	ADP
fbem-5062	51	9	yunnan	yunnan	NOUN
fbem-5062	51	10	baiyao	baiyao	NOUN
fbem-5062	51	11	in	in	ADP
fbem-5062	51	12	2013	2013	NUM
fbem-5062	51	13	-	-	SYM
fbem-5062	51	14	2021	2021	NUM
fbem-5062	51	15	age	age	NOUN
fbem-5062	51	16	dividend	dividend	NOUN
fbem-5062	51	17	policy	policy	NOUN
fbem-5062	51	18	dividend	dividend	NOUN
fbem-5062	51	19	payout	payout	NOUN
fbem-5062	51	20	ratio	ratio	NOUN
fbem-5062	51	21	(	(	PUNCT
fbem-5062	51	22	%	%	INTJ
fbem-5062	51	23	)	)	PUNCT
fbem-5062	51	24	industry	industry	NOUN
fbem-5062	51	25	dividend	dividend	NOUN
fbem-5062	51	26	distribution	distribution	NOUN
fbem-5062	51	27	rate	rate	NOUN
fbem-5062	51	28	is	be	AUX
fbem-5062	51	29	(	(	PUNCT
fbem-5062	51	30	%	%	INTJ
fbem-5062	51	31	)	)	PUNCT
fbem-5062	51	32	cash	cash	NOUN
fbem-5062	51	33	dividend	dividend	NOUN
fbem-5062	51	34	per	per	ADP
fbem-5062	51	35	share	share	NOUN
fbem-5062	51	36	average	average	ADJ
fbem-5062	51	37	industry	industry	NOUN
fbem-5062	51	38	cash	cash	NOUN
fbem-5062	51	39	dividend	dividend	NOUN
fbem-5062	51	40	total	total	ADJ
fbem-5062	51	41	dividends	dividend	NOUN
fbem-5062	51	42	(	(	PUNCT
fbem-5062	51	43	100	100	NUM
fbem-5062	51	44	million	million	NUM
fbem-5062	51	45	yuan	yuan	NOUN
fbem-5062	51	46	)	)	PUNCT
fbem-5062	51	47	net	net	ADJ
fbem-5062	51	48	profit	profit	NOUN
fbem-5062	51	49	(	(	PUNCT
fbem-5062	51	50	rmb	rmb	NOUN
fbem-5062	51	51	100	100	NUM
fbem-5062	51	52	million	million	NUM
fbem-5062	51	53	)	)	PUNCT
fbem-5062	51	54	matrix	matrix	NOUN
fbem-5062	51	55	state	state	NOUN
fbem-5062	51	56	2013	2013	NUM
fbem-5062	51	57	pay	pay	NOUN
fbem-5062	51	58	¥	¥	SYM
fbem-5062	51	59	5	5	NUM
fbem-5062	51	60	in	in	ADP
fbem-5062	51	61	cash	cash	NOUN
fbem-5062	51	62	(	(	PUNCT
fbem-5062	51	63	including	include	VERB
fbem-5062	51	64	tax	tax	NOUN
fbem-5062	51	65	)	)	PUNCT
fbem-5062	51	66	for	for	SCONJ
fbem-5062	51	67	every	every	DET
fbem-5062	51	68	10	10	NUM
fbem-5062	51	69	shares	share	NOUN
fbem-5062	51	70	converted	convert	VERB
fbem-5062	51	71	into	into	ADP
fbem-5062	51	72	5	5	NUM
fbem-5062	51	73	additional	additional	ADJ
fbem-5062	51	74	shares	share	NOUN
fbem-5062	51	75	14.95	14.95	NUM
fbem-5062	51	76	27.00	27.00	NUM
fbem-5062	51	77	0.50	0.50	NUM
fbem-5062	51	78	0.20	0.20	NUM
fbem-5062	51	79	3.47	3.47	NUM
fbem-5062	51	80	23.21	23.21	NUM
fbem-5062	51	81	capital	capital	NOUN
fbem-5062	51	82	surplus	surplus	NOUN
fbem-5062	51	83	,	,	PUNCT
fbem-5062	51	84	value	value	NOUN
fbem-5062	51	85	appreciation	appreciation	NOUN
fbem-5062	51	86	2014	2014	NUM
fbem-5062	51	87	pay	pay	VERB
fbem-5062	51	88	¥	¥	SYM
fbem-5062	51	89	5	5	NUM
fbem-5062	51	90	in	in	ADP
fbem-5062	51	91	cash	cash	NOUN
fbem-5062	51	92	(	(	PUNCT
fbem-5062	51	93	including	include	VERB
fbem-5062	51	94	tax	tax	NOUN
fbem-5062	51	95	)	)	PUNCT
fbem-5062	51	96	for	for	ADP
fbem-5062	51	97	every	every	DET
fbem-5062	51	98	10	10	NUM
fbem-5062	51	99	shares	share	NOUN
fbem-5062	51	100	20.85	20.85	NUM
fbem-5062	51	101	23.37	23.37	NUM
fbem-5062	51	102	0.50	0.50	NUM
fbem-5062	51	103	0.19	0.19	NUM
fbem-5062	51	104	5.21	5.21	NUM
fbem-5062	51	105	24.97	24.97	NUM
fbem-5062	51	106	capital	capital	NOUN
fbem-5062	51	107	surplus	surplus	NOUN
fbem-5062	51	108	,	,	PUNCT
fbem-5062	51	109	value	value	NOUN
fbem-5062	51	110	appreciation	appreciation	NOUN
fbem-5062	51	111	2015	2015	NUM
fbem-5062	51	112	pay	pay	VERB
fbem-5062	51	113	¥	¥	SYM
fbem-5062	51	114	6	6	NUM
fbem-5062	51	115	in	in	ADP
fbem-5062	51	116	cash	cash	NOUN
fbem-5062	51	117	(	(	PUNCT
fbem-5062	51	118	including	include	VERB
fbem-5062	51	119	tax	tax	NOUN
fbem-5062	51	120	)	)	PUNCT
fbem-5062	51	121	for	for	ADP
fbem-5062	51	122	every	every	DET
fbem-5062	51	123	10	10	NUM
fbem-5062	51	124	shares	share	NOUN
fbem-5062	51	125	22.68	22.68	NUM
fbem-5062	51	126	34.02	34.02	NUM
fbem-5062	51	127	0.59	0.59	NUM
fbem-5062	51	128	0.19	0.19	NUM
fbem-5062	51	129	6.25	6.25	NUM
fbem-5062	51	130	27.56	27.56	NUM
fbem-5062	51	131	capital	capital	NOUN
fbem-5062	51	132	surplus	surplus	NOUN
fbem-5062	51	133	,	,	PUNCT
fbem-5062	51	134	value	value	NOUN
fbem-5062	51	135	appreciation	appreciation	NOUN
fbem-5062	51	136	2016	2016	NUM
fbem-5062	51	137	pay	pay	VERB
fbem-5062	51	138	¥	¥	SYM
fbem-5062	51	139	8	8	NUM
fbem-5062	51	140	in	in	ADP
fbem-5062	51	141	cash	cash	NOUN
fbem-5062	51	142	(	(	PUNCT
fbem-5062	51	143	including	include	VERB
fbem-5062	51	144	tax	tax	NOUN
fbem-5062	51	145	)	)	PUNCT
fbem-5062	51	146	for	for	ADP
fbem-5062	51	147	every	every	DET
fbem-5062	51	148	10	10	NUM
fbem-5062	51	149	shares	share	NOUN
fbem-5062	51	150	28.43	28.43	NUM
fbem-5062	51	151	32.62	32.62	NUM
fbem-5062	51	152	0.8	0.8	NUM
fbem-5062	51	153	0.2	0.2	NUM
fbem-5062	51	154	8.33	8.33	NUM
fbem-5062	51	155	29.31	29.31	NUM
fbem-5062	51	156	capital	capital	NOUN
fbem-5062	51	157	surplus	surplus	NOUN
fbem-5062	51	158	,	,	PUNCT
fbem-5062	51	159	value	value	NOUN
fbem-5062	51	160	appreciation	appreciation	NOUN
fbem-5062	51	161	2017	2017	NUM
fbem-5062	51	162	pay	pay	VERB
fbem-5062	51	163	¥	¥	SYM
fbem-5062	51	164	15	15	NUM
fbem-5062	51	165	in	in	ADP
fbem-5062	51	166	cash	cash	NOUN
fbem-5062	51	167	(	(	PUNCT
fbem-5062	51	168	including	include	VERB
fbem-5062	51	169	tax	tax	NOUN
fbem-5062	51	170	)	)	PUNCT
fbem-5062	51	171	for	for	ADP
fbem-5062	51	172	every	every	DET
fbem-5062	51	173	10	10	NUM
fbem-5062	51	174	shares	share	NOUN
fbem-5062	51	175	49.87	49.87	NUM
fbem-5062	51	176	32.69	32.69	NUM
fbem-5062	51	177	1.50	1.50	NUM
fbem-5062	51	178	0.22	0.22	NUM
fbem-5062	51	179	15.62	15.62	NUM
fbem-5062	51	180	31.33	31.33	NUM
fbem-5062	51	181	capital	capital	NOUN
fbem-5062	51	182	surplus	surplus	NOUN
fbem-5062	51	183	,	,	PUNCT
fbem-5062	51	184	value	value	NOUN
fbem-5062	51	185	appreciation	appreciation	NOUN
fbem-5062	51	186	2018	2018	NUM
fbem-5062	51	187	pay	pay	VERB
fbem-5062	51	188	¥	¥	SYM
fbem-5062	51	189	20.001254	20.001254	NUM
fbem-5062	51	190	in	in	ADP
fbem-5062	51	191	cash	cash	NOUN
fbem-5062	51	192	(	(	PUNCT
fbem-5062	51	193	including	include	VERB
fbem-5062	51	194	tax	tax	NOUN
fbem-5062	51	195	)	)	PUNCT
fbem-5062	51	196	for	for	ADP
fbem-5062	51	197	every	every	DET
fbem-5062	51	198	10	10	NUM
fbem-5062	51	199	shares	share	NOUN
fbem-5062	51	200	63.32	63.32	NUM
fbem-5062	51	201	27.56	27.56	NUM
fbem-5062	51	202	2.00	2.00	NUM
fbem-5062	51	203	0.24	0.24	NUM
fbem-5062	51	204	20.83	20.83	NUM
fbem-5062	51	205	32.90	32.90	NUM
fbem-5062	51	206	capital	capital	NOUN
fbem-5062	51	207	surplus	surplus	NOUN
fbem-5062	51	208	,	,	PUNCT
fbem-5062	51	209	value	value	NOUN
fbem-5062	51	210	appreciation	appreciation	NOUN
fbem-5062	51	211	2019	2019	NUM
fbem-5062	51	212	pay	pay	VERB
fbem-5062	51	213	¥	¥	SYM
fbem-5062	51	214	30	30	NUM
fbem-5062	51	215	in	in	ADP
fbem-5062	51	216	cash	cash	NOUN
fbem-5062	51	217	(	(	PUNCT
fbem-5062	51	218	including	include	VERB
fbem-5062	51	219	tax	tax	NOUN
fbem-5062	51	220	)	)	PUNCT
fbem-5062	51	221	for	for	ADP
fbem-5062	51	222	every	every	DET
fbem-5062	51	223	10	10	NUM
fbem-5062	51	224	shares	share	NOUN
fbem-5062	51	225	91.83	91.83	NUM
fbem-5062	51	226	32.71	32.71	NUM
fbem-5062	51	227	3	3	NUM
fbem-5062	51	228	0.26	0.26	NUM
fbem-5062	51	229	38.32	38.32	NUM
fbem-5062	51	230	41.73	41.73	NUM
fbem-5062	51	231	capital	capital	NOUN
fbem-5062	51	232	shortage	shortage	NOUN
fbem-5062	51	233	,	,	PUNCT
fbem-5062	51	234	value	value	NOUN
fbem-5062	51	235	appreciation	appreciation	NOUN
fbem-5062	51	236	2020	2020	NUM
fbem-5062	51	237	pay	pay	VERB
fbem-5062	51	238	¥	¥	SYM
fbem-5062	51	239	39	39	NUM
fbem-5062	51	240	in	in	ADP
fbem-5062	51	241	cash	cash	NOUN
fbem-5062	51	242	(	(	PUNCT
fbem-5062	51	243	including	include	VERB
fbem-5062	51	244	tax	tax	NOUN
fbem-5062	51	245	)	)	PUNCT
fbem-5062	51	246	for	for	ADP
fbem-5062	51	247	every	every	DET
fbem-5062	51	248	10	10	NUM
fbem-5062	51	249	shares	share	NOUN
fbem-5062	51	250	90.40	90.40	NUM
fbem-5062	51	251	25.73	25.73	NUM
fbem-5062	51	252	3.899999	3.899999	NUM
fbem-5062	51	253	0.35	0.35	NUM
fbem-5062	51	254	49.17	49.17	NUM
fbem-5062	51	255	55.11	55.11	NUM
fbem-5062	51	256	capital	capital	NOUN
fbem-5062	51	257	shortage	shortage	NOUN
fbem-5062	51	258	,	,	PUNCT
fbem-5062	51	259	value	value	NOUN
fbem-5062	51	260	appreciation	appreciation	NOUN
fbem-5062	51	261	2021	2021	NUM
fbem-5062	51	262	pay	pay	VERB
fbem-5062	51	263	¥	¥	SYM
fbem-5062	51	264	16	16	NUM
fbem-5062	51	265	in	in	ADP
fbem-5062	51	266	cash	cash	NOUN
fbem-5062	51	267	(	(	PUNCT
fbem-5062	51	268	including	include	VERB
fbem-5062	51	269	tax	tax	NOUN
fbem-5062	51	270	)	)	PUNCT
fbem-5062	51	271	for	for	SCONJ
fbem-5062	51	272	every	every	DET
fbem-5062	51	273	10	10	NUM
fbem-5062	51	274	shares	share	NOUN
fbem-5062	51	275	converted	convert	VERB
fbem-5062	51	276	into	into	ADP
fbem-5062	51	277	6	6	NUM
fbem-5062	51	278	additional	additional	ADJ
fbem-5062	51	279	shares	share	NOUN
fbem-5062	51	280	73.39	73.39	NUM
fbem-5062	51	281	28.24	28.24	NUM
fbem-5062	51	282	1.600001	1.600001	NUM
fbem-5062	51	283	0.36	0.36	NUM
fbem-5062	51	284	20.53	20.53	NUM
fbem-5062	51	285	27.96	27.96	NUM
fbem-5062	51	286	capital	capital	NOUN
fbem-5062	51	287	shortage	shortage	NOUN
fbem-5062	51	288	,	,	PUNCT
fbem-5062	51	289	value	value	NOUN
fbem-5062	51	290	appreciation	appreciation	NOUN
fbem-5062	51	291	(	(	PUNCT
fbem-5062	51	292	2	2	X
fbem-5062	51	293	)	)	PUNCT
fbem-5062	51	294	the	the	DET
fbem-5062	51	295	dividend	dividend	NOUN
fbem-5062	51	296	distribution	distribution	NOUN
fbem-5062	51	297	method	method	NOUN
fbem-5062	51	298	is	be	AUX
fbem-5062	51	299	single	single	ADJ
fbem-5062	51	300	and	and	CCONJ
fbem-5062	51	301	chaotic	chaotic	ADJ
fbem-5062	51	302	according	accord	VERB
fbem-5062	51	303	to	to	ADP
fbem-5062	51	304	the	the	DET
fbem-5062	51	305	distribution	distribution	NOUN
fbem-5062	51	306	of	of	ADP
fbem-5062	51	307	financial	financial	ADJ
fbem-5062	51	308	strategy	strategy	NOUN
fbem-5062	51	309	matrix	matrix	NOUN
fbem-5062	51	310	,	,	PUNCT
fbem-5062	51	311	yunnan	yunnan	NOUN
fbem-5062	51	312	baiyao	baiyao	NOUN
fbem-5062	51	313	more	more	ADJ
fbem-5062	51	314	than	than	ADP
fbem-5062	51	315	half	half	NOUN
fbem-5062	51	316	of	of	ADP
fbem-5062	51	317	the	the	DET
fbem-5062	51	318	year	year	NOUN
fbem-5062	51	319	is	be	AUX
fbem-5062	51	320	a	a	DET
fbem-5062	51	321	state	state	NOUN
fbem-5062	51	322	of	of	ADP
fbem-5062	51	323	cash	cash	NOUN
fbem-5062	51	324	shortage	shortage	NOUN
fbem-5062	51	325	,	,	PUNCT
fbem-5062	51	326	and	and	CCONJ
fbem-5062	51	327	in	in	ADP
fbem-5062	51	328	the	the	DET
fbem-5062	51	329	stage	stage	NOUN
fbem-5062	51	330	of	of	ADP
fbem-5062	51	331	rapid	rapid	ADJ
fbem-5062	51	332	development	development	NOUN
fbem-5062	51	333	of	of	ADP
fbem-5062	51	334	,	,	PUNCT
fbem-5062	51	335	capital	capital	NOUN
fbem-5062	51	336	flow	flow	NOUN
fbem-5062	51	337	for	for	ADP
fbem-5062	51	338	investment	investment	NOUN
fbem-5062	51	339	and	and	CCONJ
fbem-5062	51	340	financing	financing	NOUN
fbem-5062	51	341	,	,	PUNCT
fbem-5062	51	342	you	you	PRON
fbem-5062	51	343	can	can	AUX
fbem-5062	51	344	choose	choose	VERB
fbem-5062	51	345	some	some	DET
fbem-5062	51	346	other	other	ADJ
fbem-5062	51	347	ways	way	NOUN
fbem-5062	51	348	to	to	PART
fbem-5062	51	349	distribute	distribute	VERB
fbem-5062	51	350	dividends	dividend	NOUN
fbem-5062	51	351	,	,	PUNCT
fbem-5062	51	352	but	but	CCONJ
fbem-5062	51	353	yunnan	yunnan	PROPN
fbem-5062	51	354	baiyao	baiyao	PROPN
fbem-5062	51	355	dividend	dividend	NOUN
fbem-5062	51	356	payment	payment	NOUN
fbem-5062	51	357	to	to	ADP
fbem-5062	51	358	cash	cash	NOUN
fbem-5062	51	359	dividend	dividend	NOUN
fbem-5062	51	360	form	form	NOUN
fbem-5062	51	361	,	,	PUNCT
fbem-5062	51	362	thus	thus	ADV
fbem-5062	51	363	the	the	DET
fbem-5062	51	364	company	company	NOUN
fbem-5062	51	365	's	's	PART
fbem-5062	51	366	dividend	dividend	NOUN
fbem-5062	51	367	distribution	distribution	NOUN
fbem-5062	51	368	way	way	NOUN
fbem-5062	51	369	is	be	AUX
fbem-5062	51	370	single	single	ADJ
fbem-5062	51	371	.	.	PUNCT
fbem-5062	52	1	from	from	ADP
fbem-5062	52	2	the	the	DET
fbem-5062	52	3	perspective	perspective	NOUN
fbem-5062	52	4	of	of	ADP
fbem-5062	52	5	dividend	dividend	NOUN
fbem-5062	52	6	distribution	distribution	NOUN
fbem-5062	52	7	mode	mode	NOUN
fbem-5062	52	8	,	,	PUNCT
fbem-5062	52	9	yunnan	yunnan	PROPN
fbem-5062	52	10	baiyao	baiyao	NOUN
fbem-5062	52	11	mainly	mainly	ADV
fbem-5062	52	12	takes	take	VERB
fbem-5062	52	13	the	the	DET
fbem-5062	52	14	way	way	NOUN
fbem-5062	52	15	of	of	ADP
fbem-5062	52	16	cash	cash	NOUN
fbem-5062	52	17	dividend	dividend	NOUN
fbem-5062	52	18	distribution	distribution	NOUN
fbem-5062	52	19	,	,	PUNCT
fbem-5062	52	20	supplemented	supplement	VERB
fbem-5062	52	21	by	by	ADP
fbem-5062	52	22	the	the	DET
fbem-5062	52	23	way	way	NOUN
fbem-5062	52	24	of	of	ADP
fbem-5062	52	25	share	share	NOUN
fbem-5062	52	26	delivery	delivery	NOUN
fbem-5062	52	27	and	and	CCONJ
fbem-5062	52	28	equity	equity	NOUN
fbem-5062	52	29	conversion	conversion	NOUN
fbem-5062	52	30	.	.	PUNCT
fbem-5062	53	1	moreover	moreover	ADV
fbem-5062	53	2	,	,	PUNCT
fbem-5062	53	3	which	which	DET
fbem-5062	53	4	way	way	NOUN
fbem-5062	53	5	is	be	AUX
fbem-5062	53	6	not	not	PART
fbem-5062	53	7	regular	regular	ADJ
fbem-5062	53	8	,	,	PUNCT
fbem-5062	53	9	indicating	indicate	VERB
fbem-5062	53	10	that	that	SCONJ
fbem-5062	53	11	its	its	PRON
fbem-5062	53	12	dividend	dividend	NOUN
fbem-5062	53	13	distribution	distribution	NOUN
fbem-5062	53	14	policy	policy	NOUN
fbem-5062	53	15	is	be	AUX
fbem-5062	53	16	chaotic	chaotic	ADJ
fbem-5062	53	17	and	and	CCONJ
fbem-5062	53	18	there	there	PRON
fbem-5062	53	19	is	be	VERB
fbem-5062	53	20	no	no	DET
fbem-5062	53	21	fixed	fixed	ADJ
fbem-5062	53	22	way	way	NOUN
fbem-5062	53	23	.	.	PUNCT
fbem-5062	54	1	(	(	PUNCT
fbem-5062	54	2	3	3	X
fbem-5062	54	3	)	)	PUNCT
fbem-5062	54	4	lack	lack	NOUN
fbem-5062	54	5	of	of	ADP
fbem-5062	54	6	stability	stability	NOUN
fbem-5062	54	7	of	of	ADP
fbem-5062	54	8	the	the	DET
fbem-5062	54	9	dividend	dividend	NOUN
fbem-5062	54	10	distribution	distribution	NOUN
fbem-5062	54	11	policy	policy	NOUN
fbem-5062	54	12	comparing	compare	VERB
fbem-5062	54	13	the	the	DET
fbem-5062	54	14	dividend	dividend	NOUN
fbem-5062	54	15	distribution	distribution	NOUN
fbem-5062	54	16	ratio	ratio	NOUN
fbem-5062	54	17	of	of	ADP
fbem-5062	54	18	yunnan	yunnan	NOUN
fbem-5062	54	19	baiyao	baiyao	NOUN
fbem-5062	54	20	with	with	ADP
fbem-5062	54	21	the	the	DET
fbem-5062	54	22	dividend	dividend	NOUN
fbem-5062	54	23	distribution	distribution	NOUN
fbem-5062	54	24	ratio	ratio	NOUN
fbem-5062	54	25	of	of	ADP
fbem-5062	54	26	the	the	DET
fbem-5062	54	27	same	same	ADJ
fbem-5062	54	28	industry	industry	NOUN
fbem-5062	54	29	,	,	PUNCT
fbem-5062	54	30	it	it	PRON
fbem-5062	54	31	can	can	AUX
fbem-5062	54	32	be	be	AUX
fbem-5062	54	33	found	find	VERB
fbem-5062	54	34	that	that	SCONJ
fbem-5062	54	35	the	the	DET
fbem-5062	54	36	dividend	dividend	NOUN
fbem-5062	54	37	distribution	distribution	NOUN
fbem-5062	54	38	policy	policy	NOUN
fbem-5062	54	39	of	of	ADP
fbem-5062	54	40	yunnan	yunnan	NOUN
fbem-5062	54	41	baiyao	baiyao	NOUN
fbem-5062	54	42	is	be	AUX
fbem-5062	54	43	less	less	ADV
fbem-5062	54	44	stable	stable	ADJ
fbem-5062	54	45	.	.	PUNCT
fbem-5062	55	1	during	during	ADP
fbem-5062	55	2	2017	2017	NUM
fbem-5062	55	3	-	-	SYM
fbem-5062	55	4	2020	2020	NUM
fbem-5062	55	5	,	,	PUNCT
fbem-5062	55	6	the	the	DET
fbem-5062	55	7	dividend	dividend	NOUN
fbem-5062	55	8	distribution	distribution	NOUN
fbem-5062	55	9	ratio	ratio	NOUN
fbem-5062	55	10	of	of	ADP
fbem-5062	55	11	yunnan	yunnan	PROPN
fbem-5062	55	12	baiyao	baiyao	NOUN
fbem-5062	55	13	was	be	AUX
fbem-5062	55	14	higher	high	ADJ
fbem-5062	55	15	than	than	ADP
fbem-5062	55	16	that	that	PRON
fbem-5062	55	17	of	of	ADP
fbem-5062	55	18	the	the	DET
fbem-5062	55	19	same	same	ADJ
fbem-5062	55	20	industry	industry	NOUN
fbem-5062	55	21	,	,	PUNCT
fbem-5062	55	22	and	and	CCONJ
fbem-5062	55	23	during	during	ADP
fbem-5062	55	24	2013	2013	NUM
fbem-5062	55	25	-	-	SYM
fbem-5062	55	26	2016	2016	NUM
fbem-5062	55	27	,	,	PUNCT
fbem-5062	55	28	the	the	DET
fbem-5062	55	29	dividend	dividend	NOUN
fbem-5062	55	30	distribution	distribution	NOUN
fbem-5062	55	31	ratio	ratio	NOUN
fbem-5062	55	32	of	of	ADP
fbem-5062	55	33	yunnan	yunnan	PROPN
fbem-5062	55	34	baiyao	baiyao	NOUN
fbem-5062	55	35	was	be	AUX
fbem-5062	55	36	continuously	continuously	ADV
fbem-5062	55	37	lower	low	ADJ
fbem-5062	55	38	than	than	ADP
fbem-5062	55	39	that	that	PRON
fbem-5062	55	40	of	of	ADP
fbem-5062	55	41	the	the	DET
fbem-5062	55	42	same	same	ADJ
fbem-5062	55	43	industry	industry	NOUN
fbem-5062	55	44	.	.	PUNCT
fbem-5062	56	1	in	in	ADP
fbem-5062	56	2	general	general	ADJ
fbem-5062	56	3	,	,	PUNCT
fbem-5062	56	4	yunnan	yunnan	PROPN
fbem-5062	56	5	baiyao	baiyao	PROPN
fbem-5062	56	6	's	's	PART
fbem-5062	56	7	dividend	dividend	NOUN
fbem-5062	56	8	distribution	distribution	NOUN
fbem-5062	56	9	ratio	ratio	NOUN
fbem-5062	56	10	is	be	AUX
fbem-5062	56	11	lower	low	ADJ
fbem-5062	56	12	than	than	ADP
fbem-5062	56	13	the	the	DET
fbem-5062	56	14	industry	industry	NOUN
fbem-5062	56	15	level	level	NOUN
fbem-5062	56	16	of	of	ADP
fbem-5062	56	17	the	the	DET
fbem-5062	56	18	majority	majority	NOUN
fbem-5062	56	19	.	.	PUNCT
fbem-5062	57	1	this	this	PRON
fbem-5062	57	2	shows	show	VERB
fbem-5062	57	3	that	that	SCONJ
fbem-5062	57	4	yunnan	yunnan	PROPN
fbem-5062	57	5	baiyao	baiyao	NOUN
fbem-5062	57	6	,	,	PUNCT
fbem-5062	57	7	as	as	ADP
fbem-5062	57	8	a	a	DET
fbem-5062	57	9	leading	lead	VERB
fbem-5062	57	10	enterprise	enterprise	NOUN
fbem-5062	57	11	in	in	ADP
fbem-5062	57	12	the	the	DET
fbem-5062	57	13	pharmaceutical	pharmaceutical	NOUN
fbem-5062	57	14	manufacturing	manufacturing	NOUN
fbem-5062	57	15	industry	industry	NOUN
fbem-5062	57	16	,	,	PUNCT
fbem-5062	57	17	does	do	AUX
fbem-5062	57	18	not	not	PART
fbem-5062	57	19	have	have	VERB
fbem-5062	57	20	an	an	DET
fbem-5062	57	21	ideal	ideal	ADJ
fbem-5062	57	22	dividend	dividend	NOUN
fbem-5062	57	23	distribution	distribution	NOUN
fbem-5062	57	24	level	level	NOUN
fbem-5062	57	25	under	under	ADP
fbem-5062	57	26	the	the	DET
fbem-5062	57	27	good	good	ADJ
fbem-5062	57	28	state	state	NOUN
fbem-5062	57	29	of	of	ADP
fbem-5062	57	30	various	various	ADJ
fbem-5062	57	31	index	index	NOUN
fbem-5062	57	32	data	datum	NOUN
fbem-5062	57	33	,	,	PUNCT
fbem-5062	57	34	which	which	PRON
fbem-5062	57	35	is	be	AUX
fbem-5062	57	36	inconsistent	inconsistent	ADJ
fbem-5062	57	37	with	with	ADP
fbem-5062	57	38	its	its	PRON
fbem-5062	57	39	excellent	excellent	ADJ
fbem-5062	57	40	business	business	NOUN
fbem-5062	57	41	performance	performance	NOUN
fbem-5062	57	42	,	,	PUNCT
fbem-5062	57	43	which	which	PRON
fbem-5062	57	44	indirectly	indirectly	ADV
fbem-5062	57	45	shows	show	VERB
fbem-5062	57	46	that	that	SCONJ
fbem-5062	57	47	yunnan	yunnan	PROPN
fbem-5062	57	48	baiyao	baiyao	PROPN
fbem-5062	57	49	's	's	PART
fbem-5062	57	50	dividend	dividend	NOUN
fbem-5062	57	51	distribution	distribution	NOUN
fbem-5062	57	52	policy	policy	NOUN
fbem-5062	57	53	is	be	AUX
fbem-5062	57	54	indeed	indeed	ADV
fbem-5062	57	55	insufficient	insufficient	ADJ
fbem-5062	57	56	.	.	PUNCT
fbem-5062	58	1	5	5	X
fbem-5062	58	2	.	.	X
fbem-5062	58	3	yunnan	yunnan	NOUN
fbem-5062	58	4	baiyao	baiyao	ADJ
fbem-5062	58	5	dividend	dividend	NOUN
fbem-5062	58	6	distribution	distribution	NOUN
fbem-5062	58	7	policy	policy	NOUN
fbem-5062	58	8	recommendations	recommendation	NOUN
fbem-5062	58	9	(	(	PUNCT
fbem-5062	58	10	1	1	X
fbem-5062	58	11	)	)	PUNCT
fbem-5062	58	12	reference	reference	NOUN
fbem-5062	58	13	to	to	ADP
fbem-5062	58	14	the	the	DET
fbem-5062	58	15	financial	financial	ADJ
fbem-5062	58	16	strategy	strategy	NOUN
fbem-5062	58	17	matrix	matrix	NOUN
fbem-5062	58	18	when	when	SCONJ
fbem-5062	58	19	formulating	formulate	VERB
fbem-5062	58	20	dividend	dividend	NOUN
fbem-5062	58	21	distribution	distribution	NOUN
fbem-5062	58	22	policies	policy	NOUN
fbem-5062	58	23	through	through	ADP
fbem-5062	58	24	the	the	DET
fbem-5062	58	25	financial	financial	ADJ
fbem-5062	58	26	strategy	strategy	NOUN
fbem-5062	58	27	matrix	matrix	NOUN
fbem-5062	58	28	analysis	analysis	NOUN
fbem-5062	58	29	of	of	ADP
fbem-5062	58	30	the	the	DET
fbem-5062	58	31	financial	financial	ADJ
fbem-5062	58	32	situation	situation	NOUN
fbem-5062	58	33	of	of	ADP
fbem-5062	58	34	yunnan	yunnan	PROPN
fbem-5062	58	35	baiyao	baiyao	NOUN
fbem-5062	58	36	and	and	CCONJ
fbem-5062	58	37	the	the	DET
fbem-5062	58	38	comparison	comparison	NOUN
fbem-5062	58	39	company	company	NOUN
fbem-5062	58	40	,	,	PUNCT
fbem-5062	58	41	the	the	DET
fbem-5062	58	42	company	company	NOUN
fbem-5062	58	43	can	can	AUX
fbem-5062	58	44	clearly	clearly	ADV
fbem-5062	58	45	realize	realize	VERB
fbem-5062	58	46	which	which	DET
fbem-5062	58	47	quadrant	quadrant	NOUN
fbem-5062	58	48	it	it	PRON
fbem-5062	58	49	is	be	AUX
fbem-5062	58	50	in	in	ADP
fbem-5062	58	51	and	and	CCONJ
fbem-5062	58	52	what	what	DET
fbem-5062	58	53	kind	kind	NOUN
fbem-5062	58	54	of	of	ADP
fbem-5062	58	55	dividend	dividend	NOUN
fbem-5062	58	56	distribution	distribution	NOUN
fbem-5062	58	57	strategy	strategy	NOUN
fbem-5062	58	58	will	will	AUX
fbem-5062	58	59	be	be	AUX
fbem-5062	58	60	formulated	formulate	VERB
fbem-5062	58	61	in	in	ADP
fbem-5062	58	62	different	different	ADJ
fbem-5062	58	63	quadrants	quadrant	NOUN
fbem-5062	58	64	to	to	PART
fbem-5062	58	65	adapt	adapt	VERB
fbem-5062	58	66	to	to	ADP
fbem-5062	58	67	the	the	DET
fbem-5062	58	68	development	development	NOUN
fbem-5062	58	69	of	of	ADP
fbem-5062	58	70	the	the	DET
fbem-5062	58	71	company	company	NOUN
fbem-5062	58	72	.	.	PUNCT
fbem-5062	59	1	during	during	ADP
fbem-5062	59	2	the	the	DET
fbem-5062	59	3	period	period	NOUN
fbem-5062	59	4	of	of	ADP
fbem-5062	59	5	2019	2019	NUM
fbem-5062	59	6	-	-	SYM
fbem-5062	59	7	2021	2021	NUM
fbem-5062	59	8	,	,	PUNCT
fbem-5062	59	9	yunnan	yunnan	NOUN
fbem-5062	59	10	baiyao	baiyao	NOUN
fbem-5062	59	11	should	should	AUX
fbem-5062	59	12	mainly	mainly	ADV
fbem-5062	59	13	solve	solve	VERB
fbem-5062	59	14	the	the	DET
fbem-5062	59	15	problem	problem	NOUN
fbem-5062	59	16	of	of	ADP
fbem-5062	59	17	cash	cash	NOUN
fbem-5062	59	18	shortage	shortage	NOUN
fbem-5062	59	19	at	at	ADP
fbem-5062	59	20	this	this	DET
fbem-5062	59	21	time	time	NOUN
fbem-5062	59	22	.	.	PUNCT
fbem-5062	60	1	the	the	DET
fbem-5062	60	2	dividend	dividend	NOUN
fbem-5062	60	3	distribution	distribution	NOUN
fbem-5062	60	4	policy	policy	NOUN
fbem-5062	60	5	should	should	AUX
fbem-5062	60	6	be	be	AUX
fbem-5062	60	7	as	as	SCONJ
fbem-5062	60	8	follows	follow	VERB
fbem-5062	60	9	:	:	PUNCT
fbem-5062	60	10	reduce	reduce	VERB
fbem-5062	60	11	the	the	DET
fbem-5062	60	12	dividend	dividend	NOUN
fbem-5062	60	13	payment	payment	NOUN
fbem-5062	60	14	ratio	ratio	NOUN
fbem-5062	60	15	according	accord	VERB
fbem-5062	60	16	to	to	ADP
fbem-5062	60	17	the	the	DET
fbem-5062	60	18	actual	actual	ADJ
fbem-5062	60	19	situation	situation	NOUN
fbem-5062	60	20	of	of	ADP
fbem-5062	60	21	the	the	DET
fbem-5062	60	22	company	company	NOUN
fbem-5062	60	23	,	,	PUNCT
fbem-5062	60	24	reduce	reduce	VERB
fbem-5062	60	25	or	or	CCONJ
fbem-5062	60	26	stop	stop	VERB
fbem-5062	60	27	the	the	DET
fbem-5062	60	28	payment	payment	NOUN
fbem-5062	60	29	of	of	ADP
fbem-5062	60	30	cash	cash	NOUN
fbem-5062	60	31	dividends	dividend	NOUN
fbem-5062	60	32	,	,	PUNCT
fbem-5062	60	33	and	and	CCONJ
fbem-5062	60	34	choose	choose	VERB
fbem-5062	60	35	the	the	DET
fbem-5062	60	36	dividend	dividend	NOUN
fbem-5062	60	37	payment	payment	NOUN
fbem-5062	60	38	method	method	NOUN
fbem-5062	60	39	of	of	ADP
fbem-5062	60	40	stocks	stock	NOUN
fbem-5062	60	41	,	,	PUNCT
fbem-5062	60	42	liabilities	liability	NOUN
fbem-5062	60	43	or	or	CCONJ
fbem-5062	60	44	both	both	PRON
fbem-5062	60	45	.	.	PUNCT
fbem-5062	61	1	strengthen	strengthen	VERB
fbem-5062	61	2	the	the	DET
fbem-5062	61	3	overall	overall	ADJ
fbem-5062	61	4	budget	budget	NOUN
fbem-5062	61	5	management	management	NOUN
fbem-5062	61	6	of	of	ADP
fbem-5062	61	7	enterprise	enterprise	NOUN
fbem-5062	61	8	funds	fund	NOUN
fbem-5062	61	9	,	,	PUNCT
fbem-5062	61	10	increase	increase	VERB
fbem-5062	61	11	the	the	DET
fbem-5062	61	12	retention	retention	NOUN
fbem-5062	61	13	rate	rate	NOUN
fbem-5062	61	14	of	of	ADP
fbem-5062	61	15	the	the	DET
fbem-5062	61	16	enterprise	enterprise	NOUN
fbem-5062	61	17	,	,	PUNCT
fbem-5062	61	18	and	and	CCONJ
fbem-5062	61	19	use	use	VERB
fbem-5062	61	20	most	most	ADJ
fbem-5062	61	21	of	of	ADP
fbem-5062	61	22	the	the	DET
fbem-5062	61	23	funds	fund	NOUN
fbem-5062	61	24	for	for	ADP
fbem-5062	61	25	the	the	DET
fbem-5062	61	26	internal	internal	ADJ
fbem-5062	61	27	needs	need	NOUN
fbem-5062	61	28	of	of	ADP
fbem-5062	61	29	the	the	DET
fbem-5062	61	30	enterprise	enterprise	NOUN
fbem-5062	61	31	.	.	PUNCT
fbem-5062	62	1	from	from	ADP
fbem-5062	62	2	2013	2013	NUM
fbem-5062	62	3	to	to	ADP
fbem-5062	62	4	2018	2018	NUM
fbem-5062	62	5	,	,	PUNCT
fbem-5062	62	6	yunnan	yunnan	PROPN
fbem-5062	62	7	baiyao	baiyao	NOUN
fbem-5062	62	8	has	have	VERB
fbem-5062	62	9	sufficient	sufficient	ADJ
fbem-5062	62	10	funds	fund	NOUN
fbem-5062	62	11	and	and	CCONJ
fbem-5062	62	12	can	can	AUX
fbem-5062	62	13	meet	meet	VERB
fbem-5062	62	14	the	the	DET
fbem-5062	62	15	development	development	NOUN
fbem-5062	62	16	needs	need	NOUN
fbem-5062	62	17	of	of	ADP
fbem-5062	62	18	the	the	DET
fbem-5062	62	19	company	company	NOUN
fbem-5062	62	20	.	.	PUNCT
fbem-5062	63	1	at	at	ADP
fbem-5062	63	2	this	this	DET
fbem-5062	63	3	stage	stage	NOUN
fbem-5062	63	4	,	,	PUNCT
fbem-5062	63	5	yunnan	yunnan	NOUN
fbem-5062	63	6	baiyao	baiyao	NOUN
fbem-5062	63	7	can	can	AUX
fbem-5062	63	8	adopt	adopt	VERB
fbem-5062	63	9	dividend	dividend	NOUN
fbem-5062	63	10	distribution	distribution	NOUN
fbem-5062	63	11	policies	policy	NOUN
fbem-5062	63	12	:	:	PUNCT
fbem-5062	63	13	appropriately	appropriately	ADV
fbem-5062	63	14	increase	increase	VERB
fbem-5062	63	15	cash	cash	NOUN
fbem-5062	63	16	dividends	dividend	NOUN
fbem-5062	63	17	,	,	PUNCT
fbem-5062	63	18	use	use	VERB
fbem-5062	63	19	the	the	DET
fbem-5062	63	20	remaining	remain	VERB
fbem-5062	63	21	funds	fund	NOUN
fbem-5062	63	22	to	to	PART
fbem-5062	63	23	repurchase	repurchase	VERB
fbem-5062	63	24	shareholders	shareholder	NOUN
fbem-5062	63	25	'	'	PART
fbem-5062	63	26	shares	share	NOUN
fbem-5062	63	27	,	,	PUNCT
fbem-5062	63	28	and	and	CCONJ
fbem-5062	63	29	if	if	SCONJ
fbem-5062	63	30	there	there	PRON
fbem-5062	63	31	are	be	VERB
fbem-5062	63	32	still	still	ADV
fbem-5062	63	33	funds	fund	NOUN
fbem-5062	63	34	left	leave	VERB
fbem-5062	63	35	,	,	PUNCT
fbem-5062	63	36	the	the	DET
fbem-5062	63	37	dividend	dividend	NOUN
fbem-5062	63	38	payment	payment	NOUN
fbem-5062	63	39	ratio	ratio	NOUN
fbem-5062	63	40	can	can	AUX
fbem-5062	63	41	be	be	AUX
fbem-5062	63	42	appropriately	appropriately	ADV
fbem-5062	63	43	increased	increase	VERB
fbem-5062	63	44	.	.	PUNCT
fbem-5062	64	1	(	(	PUNCT
fbem-5062	64	2	1	1	X
fbem-5062	64	3	)	)	PUNCT
fbem-5062	64	4	reference	reference	NOUN
fbem-5062	64	5	to	to	ADP
fbem-5062	64	6	the	the	DET
fbem-5062	64	7	financial	financial	ADJ
fbem-5062	64	8	strategy	strategy	NOUN
fbem-5062	64	9	matrix	matrix	NOUN
fbem-5062	64	10	when	when	SCONJ
fbem-5062	64	11	formulating	formulate	VERB
fbem-5062	64	12	dividend	dividend	NOUN
fbem-5062	64	13	distribution	distribution	NOUN
fbem-5062	64	14	policies	policy	NOUN
fbem-5062	64	15	through	through	ADP
fbem-5062	64	16	the	the	DET
fbem-5062	64	17	financial	financial	ADJ
fbem-5062	64	18	strategy	strategy	NOUN
fbem-5062	64	19	matrix	matrix	NOUN
fbem-5062	64	20	analysis	analysis	NOUN
fbem-5062	64	21	of	of	ADP
fbem-5062	64	22	the	the	DET
fbem-5062	64	23	financial	financial	ADJ
fbem-5062	64	24	situation	situation	NOUN
fbem-5062	64	25	of	of	ADP
fbem-5062	64	26	yunnan	yunnan	PROPN
fbem-5062	64	27	baiyao	baiyao	NOUN
fbem-5062	64	28	and	and	CCONJ
fbem-5062	64	29	the	the	DET
fbem-5062	64	30	comparison	comparison	NOUN
fbem-5062	64	31	264	264	NUM
fbem-5062	64	32	company	company	NOUN
fbem-5062	64	33	,	,	PUNCT
fbem-5062	64	34	the	the	DET
fbem-5062	64	35	company	company	NOUN
fbem-5062	64	36	can	can	AUX
fbem-5062	64	37	clearly	clearly	ADV
fbem-5062	64	38	realize	realize	VERB
fbem-5062	64	39	which	which	DET
fbem-5062	64	40	quadrant	quadrant	NOUN
fbem-5062	64	41	it	it	PRON
fbem-5062	64	42	is	be	AUX
fbem-5062	64	43	in	in	ADP
fbem-5062	64	44	and	and	CCONJ
fbem-5062	64	45	what	what	DET
fbem-5062	64	46	kind	kind	NOUN
fbem-5062	64	47	of	of	ADP
fbem-5062	64	48	dividend	dividend	NOUN
fbem-5062	64	49	distribution	distribution	NOUN
fbem-5062	64	50	strategy	strategy	NOUN
fbem-5062	64	51	will	will	AUX
fbem-5062	64	52	be	be	AUX
fbem-5062	64	53	formulated	formulate	VERB
fbem-5062	64	54	in	in	ADP
fbem-5062	64	55	different	different	ADJ
fbem-5062	64	56	quadrants	quadrant	NOUN
fbem-5062	64	57	to	to	PART
fbem-5062	64	58	adapt	adapt	VERB
fbem-5062	64	59	to	to	ADP
fbem-5062	64	60	the	the	DET
fbem-5062	64	61	development	development	NOUN
fbem-5062	64	62	of	of	ADP
fbem-5062	64	63	the	the	DET
fbem-5062	64	64	company	company	NOUN
fbem-5062	64	65	.	.	PUNCT
fbem-5062	65	1	during	during	ADP
fbem-5062	65	2	the	the	DET
fbem-5062	65	3	period	period	NOUN
fbem-5062	65	4	of	of	ADP
fbem-5062	65	5	2019	2019	NUM
fbem-5062	65	6	-	-	SYM
fbem-5062	65	7	2021	2021	NUM
fbem-5062	65	8	,	,	PUNCT
fbem-5062	65	9	yunnan	yunnan	NOUN
fbem-5062	65	10	baiyao	baiyao	NOUN
fbem-5062	65	11	should	should	AUX
fbem-5062	65	12	mainly	mainly	ADV
fbem-5062	65	13	solve	solve	VERB
fbem-5062	65	14	the	the	DET
fbem-5062	65	15	problem	problem	NOUN
fbem-5062	65	16	of	of	ADP
fbem-5062	65	17	cash	cash	NOUN
fbem-5062	65	18	shortage	shortage	NOUN
fbem-5062	65	19	at	at	ADP
fbem-5062	65	20	this	this	DET
fbem-5062	65	21	time	time	NOUN
fbem-5062	65	22	.	.	PUNCT
fbem-5062	66	1	the	the	DET
fbem-5062	66	2	dividend	dividend	NOUN
fbem-5062	66	3	distribution	distribution	NOUN
fbem-5062	66	4	policy	policy	NOUN
fbem-5062	66	5	should	should	AUX
fbem-5062	66	6	be	be	AUX
fbem-5062	66	7	as	as	SCONJ
fbem-5062	66	8	follows	follow	VERB
fbem-5062	66	9	:	:	PUNCT
fbem-5062	66	10	reduce	reduce	VERB
fbem-5062	66	11	the	the	DET
fbem-5062	66	12	dividend	dividend	NOUN
fbem-5062	66	13	payment	payment	NOUN
fbem-5062	66	14	ratio	ratio	NOUN
fbem-5062	66	15	according	accord	VERB
fbem-5062	66	16	to	to	ADP
fbem-5062	66	17	the	the	DET
fbem-5062	66	18	actual	actual	ADJ
fbem-5062	66	19	situation	situation	NOUN
fbem-5062	66	20	of	of	ADP
fbem-5062	66	21	the	the	DET
fbem-5062	66	22	company	company	NOUN
fbem-5062	66	23	,	,	PUNCT
fbem-5062	66	24	reduce	reduce	VERB
fbem-5062	66	25	or	or	CCONJ
fbem-5062	66	26	stop	stop	VERB
fbem-5062	66	27	the	the	DET
fbem-5062	66	28	payment	payment	NOUN
fbem-5062	66	29	of	of	ADP
fbem-5062	66	30	cash	cash	NOUN
fbem-5062	66	31	dividends	dividend	NOUN
fbem-5062	66	32	,	,	PUNCT
fbem-5062	66	33	and	and	CCONJ
fbem-5062	66	34	choose	choose	VERB
fbem-5062	66	35	the	the	DET
fbem-5062	66	36	dividend	dividend	NOUN
fbem-5062	66	37	payment	payment	NOUN
fbem-5062	66	38	method	method	NOUN
fbem-5062	66	39	of	of	ADP
fbem-5062	66	40	stocks	stock	NOUN
fbem-5062	66	41	,	,	PUNCT
fbem-5062	66	42	liabilities	liability	NOUN
fbem-5062	66	43	or	or	CCONJ
fbem-5062	66	44	both	both	PRON
fbem-5062	66	45	.	.	PUNCT
fbem-5062	67	1	strengthen	strengthen	VERB
fbem-5062	67	2	the	the	DET
fbem-5062	67	3	overall	overall	ADJ
fbem-5062	67	4	budget	budget	NOUN
fbem-5062	67	5	management	management	NOUN
fbem-5062	67	6	of	of	ADP
fbem-5062	67	7	enterprise	enterprise	NOUN
fbem-5062	67	8	funds	fund	NOUN
fbem-5062	67	9	,	,	PUNCT
fbem-5062	67	10	increase	increase	VERB
fbem-5062	67	11	the	the	DET
fbem-5062	67	12	retention	retention	NOUN
fbem-5062	67	13	rate	rate	NOUN
fbem-5062	67	14	of	of	ADP
fbem-5062	67	15	the	the	DET
fbem-5062	67	16	enterprise	enterprise	NOUN
fbem-5062	67	17	,	,	PUNCT
fbem-5062	67	18	and	and	CCONJ
fbem-5062	67	19	use	use	VERB
fbem-5062	67	20	most	most	ADJ
fbem-5062	67	21	of	of	ADP
fbem-5062	67	22	the	the	DET
fbem-5062	67	23	funds	fund	NOUN
fbem-5062	67	24	for	for	ADP
fbem-5062	67	25	the	the	DET
fbem-5062	67	26	internal	internal	ADJ
fbem-5062	67	27	needs	need	NOUN
fbem-5062	67	28	of	of	ADP
fbem-5062	67	29	the	the	DET
fbem-5062	67	30	enterprise	enterprise	NOUN
fbem-5062	67	31	.	.	PUNCT
fbem-5062	68	1	from	from	ADP
fbem-5062	68	2	2013	2013	NUM
fbem-5062	68	3	to	to	ADP
fbem-5062	68	4	2018	2018	NUM
fbem-5062	68	5	,	,	PUNCT
fbem-5062	68	6	yunnan	yunnan	PROPN
fbem-5062	68	7	baiyao	baiyao	NOUN
fbem-5062	68	8	has	have	VERB
fbem-5062	68	9	sufficient	sufficient	ADJ
fbem-5062	68	10	funds	fund	NOUN
fbem-5062	68	11	and	and	CCONJ
fbem-5062	68	12	can	can	AUX
fbem-5062	68	13	meet	meet	VERB
fbem-5062	68	14	the	the	DET
fbem-5062	68	15	development	development	NOUN
fbem-5062	68	16	needs	need	NOUN
fbem-5062	68	17	of	of	ADP
fbem-5062	68	18	the	the	DET
fbem-5062	68	19	company	company	NOUN
fbem-5062	68	20	.	.	PUNCT
fbem-5062	69	1	at	at	ADP
fbem-5062	69	2	this	this	DET
fbem-5062	69	3	stage	stage	NOUN
fbem-5062	69	4	,	,	PUNCT
fbem-5062	69	5	yunnan	yunnan	NOUN
fbem-5062	69	6	baiyao	baiyao	NOUN
fbem-5062	69	7	can	can	AUX
fbem-5062	69	8	adopt	adopt	VERB
fbem-5062	69	9	dividend	dividend	NOUN
fbem-5062	69	10	distribution	distribution	NOUN
fbem-5062	69	11	policies	policy	NOUN
fbem-5062	69	12	:	:	PUNCT
fbem-5062	69	13	appropriately	appropriately	ADV
fbem-5062	69	14	increase	increase	VERB
fbem-5062	69	15	cash	cash	NOUN
fbem-5062	69	16	dividends	dividend	NOUN
fbem-5062	69	17	,	,	PUNCT
fbem-5062	69	18	use	use	VERB
fbem-5062	69	19	the	the	DET
fbem-5062	69	20	remaining	remain	VERB
fbem-5062	69	21	funds	fund	NOUN
fbem-5062	69	22	to	to	PART
fbem-5062	69	23	repurchase	repurchase	VERB
fbem-5062	69	24	shareholders	shareholder	NOUN
fbem-5062	69	25	'	'	PART
fbem-5062	69	26	shares	share	NOUN
fbem-5062	69	27	,	,	PUNCT
fbem-5062	69	28	and	and	CCONJ
fbem-5062	69	29	if	if	SCONJ
fbem-5062	69	30	there	there	PRON
fbem-5062	69	31	are	be	VERB
fbem-5062	69	32	still	still	ADV
fbem-5062	69	33	funds	fund	NOUN
fbem-5062	69	34	left	leave	VERB
fbem-5062	69	35	,	,	PUNCT
fbem-5062	69	36	the	the	DET
fbem-5062	69	37	dividend	dividend	NOUN
fbem-5062	69	38	payment	payment	NOUN
fbem-5062	69	39	ratio	ratio	NOUN
fbem-5062	69	40	can	can	AUX
fbem-5062	69	41	be	be	AUX
fbem-5062	69	42	appropriately	appropriately	ADV
fbem-5062	69	43	increased	increase	VERB
fbem-5062	69	44	.	.	PUNCT
fbem-5062	70	1	6	6	X
fbem-5062	70	2	.	.	X
fbem-5062	70	3	conclusion	conclusion	NOUN
fbem-5062	70	4	in	in	ADP
fbem-5062	70	5	the	the	DET
fbem-5062	70	6	study	study	NOUN
fbem-5062	70	7	of	of	ADP
fbem-5062	70	8	the	the	DET
fbem-5062	70	9	dividend	dividend	NOUN
fbem-5062	70	10	policy	policy	NOUN
fbem-5062	70	11	of	of	ADP
fbem-5062	70	12	yunnan	yunnan	NOUN
fbem-5062	70	13	baiyao	baiyao	NOUN
fbem-5062	70	14	from	from	ADP
fbem-5062	70	15	the	the	DET
fbem-5062	70	16	perspective	perspective	NOUN
fbem-5062	70	17	of	of	ADP
fbem-5062	70	18	financial	financial	ADJ
fbem-5062	70	19	strategy	strategy	NOUN
fbem-5062	70	20	matrix	matrix	NOUN
fbem-5062	70	21	,	,	PUNCT
fbem-5062	70	22	the	the	DET
fbem-5062	70	23	following	follow	VERB
fbem-5062	70	24	conclusions	conclusion	NOUN
fbem-5062	70	25	are	be	AUX
fbem-5062	70	26	drawn	draw	VERB
fbem-5062	70	27	:	:	PUNCT
fbem-5062	70	28	first	first	ADV
fbem-5062	70	29	,	,	PUNCT
fbem-5062	70	30	according	accord	VERB
fbem-5062	70	31	to	to	ADP
fbem-5062	70	32	the	the	DET
fbem-5062	70	33	distribution	distribution	NOUN
fbem-5062	70	34	of	of	ADP
fbem-5062	70	35	the	the	DET
fbem-5062	70	36	financial	financial	ADJ
fbem-5062	70	37	strategy	strategy	NOUN
fbem-5062	70	38	matrix	matrix	NOUN
fbem-5062	70	39	of	of	ADP
fbem-5062	70	40	yunnan	yunnan	PROPN
fbem-5062	70	41	baiyao	baiyao	PROPN
fbem-5062	70	42	,	,	PUNCT
fbem-5062	70	43	yunnan	yunnan	PROPN
fbem-5062	70	44	baiyao	baiyao	NOUN
fbem-5062	70	45	is	be	AUX
fbem-5062	70	46	in	in	ADP
fbem-5062	70	47	a	a	DET
fbem-5062	70	48	state	state	NOUN
fbem-5062	70	49	of	of	ADP
fbem-5062	70	50	value	value	NOUN
fbem-5062	70	51	appreciation	appreciation	NOUN
fbem-5062	70	52	,	,	PUNCT
fbem-5062	70	53	and	and	CCONJ
fbem-5062	70	54	there	there	PRON
fbem-5062	70	55	is	be	VERB
fbem-5062	70	56	an	an	DET
fbem-5062	70	57	intermittent	intermittent	ADJ
fbem-5062	70	58	shortage	shortage	NOUN
fbem-5062	70	59	of	of	ADP
fbem-5062	70	60	funds	fund	NOUN
fbem-5062	70	61	.	.	PUNCT
fbem-5062	71	1	secondly	secondly	ADV
fbem-5062	71	2	,	,	PUNCT
fbem-5062	71	3	through	through	ADP
fbem-5062	71	4	the	the	DET
fbem-5062	71	5	construction	construction	NOUN
fbem-5062	71	6	and	and	CCONJ
fbem-5062	71	7	analysis	analysis	NOUN
fbem-5062	71	8	of	of	ADP
fbem-5062	71	9	the	the	DET
fbem-5062	71	10	financial	financial	ADJ
fbem-5062	71	11	strategy	strategy	NOUN
fbem-5062	71	12	matrix	matrix	NOUN
fbem-5062	71	13	,	,	PUNCT
fbem-5062	71	14	it	it	PRON
fbem-5062	71	15	is	be	AUX
fbem-5062	71	16	found	find	VERB
fbem-5062	71	17	that	that	SCONJ
fbem-5062	71	18	the	the	DET
fbem-5062	71	19	financial	financial	ADJ
fbem-5062	71	20	strategy	strategy	NOUN
fbem-5062	71	21	matrix	matrix	NOUN
fbem-5062	71	22	mismatch	mismatch	NOUN
fbem-5062	71	23	,	,	PUNCT
fbem-5062	71	24	single	single	ADJ
fbem-5062	71	25	and	and	CCONJ
fbem-5062	71	26	chaotic	chaotic	ADJ
fbem-5062	71	27	dividend	dividend	NOUN
fbem-5062	71	28	distribution	distribution	NOUN
fbem-5062	71	29	mode	mode	NOUN
fbem-5062	71	30	and	and	CCONJ
fbem-5062	71	31	the	the	DET
fbem-5062	71	32	lack	lack	NOUN
fbem-5062	71	33	of	of	ADP
fbem-5062	71	34	stability	stability	NOUN
fbem-5062	71	35	of	of	ADP
fbem-5062	71	36	the	the	DET
fbem-5062	71	37	dividend	dividend	NOUN
fbem-5062	71	38	distribution	distribution	NOUN
fbem-5062	71	39	policy	policy	NOUN
fbem-5062	71	40	.	.	PUNCT
fbem-5062	72	1	it	it	PRON
fbem-5062	72	2	is	be	AUX
fbem-5062	72	3	hoped	hope	VERB
fbem-5062	72	4	to	to	PART
fbem-5062	72	5	encourage	encourage	VERB
fbem-5062	72	6	yunnan	yunnan	PROPN
fbem-5062	72	7	baiyao	baiyao	ADJ
fbem-5062	72	8	company	company	NOUN
fbem-5062	72	9	to	to	PART
fbem-5062	72	10	think	think	VERB
fbem-5062	72	11	about	about	ADP
fbem-5062	72	12	and	and	CCONJ
fbem-5062	72	13	improve	improve	VERB
fbem-5062	72	14	the	the	DET
fbem-5062	72	15	problem	problem	NOUN
fbem-5062	72	16	of	of	ADP
fbem-5062	72	17	dividend	dividend	NOUN
fbem-5062	72	18	distribution	distribution	NOUN
fbem-5062	72	19	,	,	PUNCT
fbem-5062	72	20	and	and	CCONJ
fbem-5062	72	21	balance	balance	VERB
fbem-5062	72	22	the	the	DET
fbem-5062	72	23	relationship	relationship	NOUN
fbem-5062	72	24	between	between	ADP
fbem-5062	72	25	dividend	dividend	NOUN
fbem-5062	72	26	and	and	CCONJ
fbem-5062	72	27	development	development	NOUN
fbem-5062	72	28	,	,	PUNCT
fbem-5062	72	29	so	so	SCONJ
fbem-5062	72	30	as	as	SCONJ
fbem-5062	72	31	to	to	PART
fbem-5062	72	32	repay	repay	VERB
fbem-5062	72	33	the	the	DET
fbem-5062	72	34	majority	majority	NOUN
fbem-5062	72	35	of	of	ADP
fbem-5062	72	36	investors	investor	NOUN
fbem-5062	72	37	for	for	ADP
fbem-5062	72	38	the	the	DET
fbem-5062	72	39	long	long	ADJ
fbem-5062	72	40	-	-	PUNCT
fbem-5062	72	41	term	term	NOUN
fbem-5062	72	42	healthy	healthy	ADJ
fbem-5062	72	43	development	development	NOUN
fbem-5062	72	44	of	of	ADP
fbem-5062	72	45	the	the	DET
fbem-5062	72	46	enterprise	enterprise	NOUN
fbem-5062	72	47	,	,	PUNCT
fbem-5062	72	48	and	and	CCONJ
fbem-5062	72	49	also	also	ADV
fbem-5062	72	50	have	have	VERB
fbem-5062	72	51	reference	reference	NOUN
fbem-5062	72	52	significance	significance	NOUN
fbem-5062	72	53	for	for	ADP
fbem-5062	72	54	other	other	ADJ
fbem-5062	72	55	enterprises	enterprise	NOUN
fbem-5062	72	56	in	in	ADP
fbem-5062	72	57	the	the	DET
fbem-5062	72	58	pharmaceutical	pharmaceutical	NOUN
fbem-5062	72	59	manufacturing	manufacturing	NOUN
fbem-5062	72	60	industry	industry	NOUN
fbem-5062	72	61	.	.	PUNCT
fbem-5062	73	1	acknowledgment	acknowledgment	NOUN
fbem-5062	73	2	we	we	PRON
fbem-5062	73	3	thank	thank	VERB
fbem-5062	73	4	mr.ye	mr.ye	NOUN
fbem-5062	73	5	yijun	yijun	PROPN
fbem-5062	73	6	for	for	ADP
fbem-5062	73	7	his	his	PRON
fbem-5062	73	8	help	help	NOUN
fbem-5062	73	9	and	and	CCONJ
fbem-5062	73	10	guidance	guidance	VERB
fbem-5062	73	11	in	in	ADP
fbem-5062	73	12	my	my	PRON
fbem-5062	73	13	study	study	NOUN
fbem-5062	73	14	.	.	PUNCT
fbem-5062	74	1	i	i	PRON
fbem-5062	74	2	hope	hope	VERB
fbem-5062	74	3	it	it	PRON
fbem-5062	74	4	can	can	AUX
fbem-5062	74	5	be	be	AUX
fbem-5062	74	6	barely	barely	ADV
fbem-5062	74	7	satisfied	satisfied	ADJ
fbem-5062	74	8	to	to	ADP
fbem-5062	74	9	him	he	PRON
fbem-5062	74	10	.	.	PUNCT
fbem-5062	75	1	i	i	PRON
fbem-5062	75	2	wish	wish	VERB
fbem-5062	75	3	him	he	PRON
fbem-5062	75	4	good	good	ADJ
fbem-5062	75	5	health	health	NOUN
fbem-5062	75	6	and	and	CCONJ
fbem-5062	75	7	happiness	happiness	NOUN
fbem-5062	75	8	.	.	PUNCT
fbem-5062	76	1	references	reference	NOUN
fbem-5062	76	2	[	[	X
fbem-5062	76	3	1	1	X
fbem-5062	76	4	]	]	X
fbem-5062	76	5	john	john	NOUN
fbem-5062	76	6	lintner.the	lintner.the	DET
fbem-5062	76	7	distribution	distribution	NOUN
fbem-5062	76	8	of	of	ADP
fbem-5062	76	9	income	income	NOUN
fbem-5062	76	10	of	of	ADP
fbem-5062	76	11	corporations	corporation	NOUN
fbem-5062	76	12	among	among	ADP
fbem-5062	76	13	dividends	dividend	NOUN
fbem-5062	76	14	,	,	PUNCT
fbem-5062	76	15	retained	retain	VERB
fbem-5062	76	16	earning	earn	VERB
fbem-5062	76	17	and	and	CCONJ
fbem-5062	76	18	taxes[j].american	taxes[j].american	PROPN
fbem-5062	76	19	economic	economic	PROPN
fbem-5062	76	20	review	review	NOUN
fbem-5062	76	21	,	,	PUNCT
fbem-5062	76	22	may	may	AUX
fbem-5062	76	23	1956:97	1956:97	NUM
fbem-5062	76	24	-	-	SYM
fbem-5062	76	25	113	113	NUM
fbem-5062	76	26	.	.	PUNCT
fbem-5062	77	1	[	[	PUNCT
fbem-5062	77	2	[	[	X
fbem-5062	77	3	2	2	NUM
fbem-5062	77	4	]	]	X
fbem-5062	77	5	miller	miller	PROPN
fbem-5062	77	6	,	,	PUNCT
fbem-5062	77	7	modigliani.f.dividend	modigliani.f.dividend	NOUN
fbem-5062	77	8	policy	policy	NOUN
fbem-5062	77	9	,	,	PUNCT
fbem-5062	77	10	growth	growth	NOUN
fbem-5062	77	11	,	,	PUNCT
fbem-5062	77	12	and	and	CCONJ
fbem-5062	77	13	the	the	DET
fbem-5062	77	14	valuation	valuation	NOUN
fbem-5062	77	15	hares[j].journal	hares[j].journal	ADJ
fbem-5062	77	16	of	of	ADP
fbem-5062	77	17	business,1961(34):411	business,1961(34):411	PROPN
fbem-5062	77	18	-	-	PUNCT
fbem-5062	77	19	433	433	NUM
fbem-5062	77	20	.	.	PUNCT
fbem-5062	78	1	[	[	X
fbem-5062	78	2	3	3	X
fbem-5062	78	3	]	]	X
fbem-5062	78	4	laurence	laurence	PROPN
fbem-5062	78	5	booth	booth	PROPN
fbem-5062	78	6	,	,	PUNCT
fbem-5062	78	7	jun	jun	PROPN
fbem-5062	78	8	zhou.dividend	zhou.dividend	PROPN
fbem-5062	78	9	policy	policy	NOUN
fbem-5062	78	10	:	:	PUNCT
fbem-5062	78	11	a	a	DET
fbem-5062	78	12	selective	selective	ADJ
fbem-5062	78	13	review	review	NOUN
fbem-5062	78	14	of	of	ADP
fbem-5062	78	15	results	result	NOUN
fbem-5062	78	16	from	from	ADP
fbem-5062	78	17	around	around	ADP
fbem-5062	78	18	the	the	DET
fbem-5062	78	19	world[j].global	world[j].global	PROPN
fbem-5062	78	20	finance	finance	PROPN
fbem-5062	78	21	journal,2017(34):1	journal,2017(34):1	PROPN
fbem-5062	78	22	-	-	PUNCT
fbem-5062	78	23	15	15	NUM
fbem-5062	78	24	.	.	PUNCT
fbem-5062	79	1	[	[	X
fbem-5062	79	2	4	4	X
fbem-5062	79	3	]	]	PUNCT
fbem-5062	79	4	basil	basil	PROPN
fbem-5062	79	5	al	al	PROPN
fbem-5062	79	6	-	-	PROPN
fbem-5062	79	7	najjar	najjar	PROPN
fbem-5062	79	8	,	,	PUNCT
fbem-5062	79	9	erhan	erhan	ADP
fbem-5062	79	10	kilincarslan.corporate	kilincarslan.corporate	PRON
fbem-5062	79	11	dividend	dividend	NOUN
fbem-5062	79	12	decisions	decision	NOUN
fbem-5062	79	13	and	and	CCONJ
fbem-5062	79	14	dividend	dividend	NOUN
fbem-5062	79	15	smoothing[j].international	smoothing[j].international	ADJ
fbem-5062	79	16	journal	journal	NOUN
fbem-5062	79	17	of	of	ADP
fbem-5062	79	18	managerial	managerial	ADJ
fbem-5062	79	19	finance,2017,13(3):304	finance,2017,13(3):304	PROPN
fbem-5062	79	20	-	-	PUNCT
fbem-5062	79	21	331	331	NUM
fbem-5062	80	1	[	[	X
fbem-5062	80	2	5	5	NUM
fbem-5062	80	3	]	]	PUNCT
fbem-5062	80	4	anh	anh	PROPN
fbem-5062	80	5	ngo	ngo	PROPN
fbem-5062	80	6	,	,	PUNCT
fbem-5062	80	7	hong	hong	PROPN
fbem-5062	80	8	duong	duong	PROPN
fbem-5062	80	9	,	,	PUNCT
fbem-5062	80	10	thanh	thanh	PROPN
fbem-5062	80	11	nguyen	nguyen	PROPN
fbem-5062	80	12	,	,	PUNCT
fbem-5062	80	13	liem	liem	PROPN
fbem-5062	80	14	nguyen.the	nguyen.the	DET
fbem-5062	80	15	effects	effect	NOUN
fbem-5062	80	16	of	of	ADP
fbem-5062	80	17	ownership	ownership	NOUN
fbem-5062	80	18	structure	structure	NOUN
fbem-5062	80	19	on	on	ADP
fbem-5062	80	20	dividend	dividend	NOUN
fbem-5062	80	21	policy	policy	NOUN
fbem-5062	80	22	:	:	PUNCT
fbem-5062	80	23	evidence	evidence	NOUN
fbem-5062	80	24	from	from	ADP
fbem-5062	80	25	seasoned	seasoned	ADJ
fbem-5062	80	26	equity	equity	NOUN
fbem-5062	80	27	offerings(seos)[j].global	offerings(seos)[j].global	ADJ
fbem-5062	80	28	financial	financial	ADJ
fbem-5062	80	29	journal,2018(15):115	journal,2018(15):115	PROPN
fbem-5062	80	30	-	-	PUNCT
fbem-5062	80	31	120	120	NUM
fbem-5062	80	32	.	.	PUNCT
fbem-5062	81	1	[	[	X
fbem-5062	81	2	6	6	NUM
fbem-5062	81	3	]	]	PUNCT
fbem-5062	81	4	julian	julian	PROPN
fbem-5062	81	5	atanassov	atanassov	PROPN
fbem-5062	81	6	,	,	PUNCT
fbem-5062	81	7	aron	aron	PROPN
fbem-5062	81	8	j.mandell.corporate	j.mandell.corporate	PROPN
fbem-5062	81	9	governance	governance	PROPN
fbem-5062	81	10	and	and	CCONJ
fbem-5062	81	11	dividend	dividend	NOUN
fbem-5062	81	12	policy	policy	NOUN
fbem-5062	81	13	:	:	PUNCT
fbem-5062	81	14	evidence	evidence	NOUN
fbem-5062	81	15	of	of	ADP
fbem-5062	81	16	tunneling	tunnel	VERB
fbem-5062	81	17	from	from	ADP
fbem-5062	81	18	master	master	NOUN
fbem-5062	81	19	limited	limit	VERB
fbem-5062	81	20	partnerships[j].journal	partnerships[j].journal	ADJ
fbem-5062	81	21	of	of	ADP
fbem-5062	81	22	corporate	corporate	ADJ
fbem-5062	81	23	finance,2018(53):106	finance,2018(53):106	NOUN
fbem-5062	81	24	-	-	PUNCT
fbem-5062	81	25	132	132	NUM
fbem-5062	81	26	.	.	PUNCT
fbem-5062	82	1	[	[	X
fbem-5062	82	2	7	7	NUM
fbem-5062	82	3	]	]	X
fbem-5062	82	4	qiao	qiao	NOUN
fbem-5062	82	5	jiawei	jiawei	NOUN
fbem-5062	82	6	,	,	PUNCT
fbem-5062	82	7	ye	ye	PROPN
fbem-5062	82	8	chenang	chenang	PROPN
fbem-5062	82	9	.	.	PUNCT
fbem-5062	82	10	research	research	NOUN
fbem-5062	82	11	on	on	ADP
fbem-5062	82	12	dividend	dividend	NOUN
fbem-5062	82	13	policy	policy	NOUN
fbem-5062	82	14	of	of	ADP
fbem-5062	82	15	listed	list	VERB
fbem-5062	82	16	companies	company	NOUN
fbem-5062	82	17	—	—	PUNCT
fbem-5062	82	18	—	—	PUNCT
fbem-5062	82	19	take	take	VERB
fbem-5062	82	20	yunnan	yunnan	NOUN
fbem-5062	82	21	baiyao	baiyao	ADJ
fbem-5062	82	22	company	company	NOUN
fbem-5062	82	23	as	as	ADP
fbem-5062	82	24	an	an	DET
fbem-5062	82	25	example	example	NOUN
fbem-5062	82	26	_	_	PUNCT
fbem-5062	83	1	qiao	qiao	NOUN
fbem-5062	83	2	jiawei	jiawei	NOUN
fbem-5062	83	3	[	[	X
fbem-5062	83	4	j.	j.	PROPN
fbem-5062	83	5	international	international	PROPN
fbem-5062	83	6	business	business	NOUN
fbem-5062	83	7	finance	finance	NOUN
fbem-5062	83	8	and	and	CCONJ
fbem-5062	83	9	accounting	accounting	NOUN
fbem-5062	83	10	,	,	PUNCT
fbem-5062	83	11	2021	2021	NUM
fbem-5062	83	12	,	,	PUNCT
fbem-5062	83	13	(	(	PUNCT
fbem-5062	83	14	16	16	NUM
fbem-5062	83	15	):	):	PUNCT
fbem-5062	83	16	27	27	NUM
fbem-5062	83	17	-	-	PUNCT
fbem-5062	83	18	32,36	32,36	NUM
fbem-5062	83	19	.	.	PUNCT
fbem-5062	84	1	[	[	X
fbem-5062	84	2	8	8	NUM
fbem-5062	84	3	]	]	X
fbem-5062	84	4	li	li	PROPN
fbem-5062	84	5	lei	lei	PROPN
fbem-5062	84	6	hong	hong	PROPN
fbem-5062	84	7	,	,	PUNCT
fbem-5062	84	8	zhu	zhu	PROPN
fbem-5062	84	9	sasha	sasha	PROPN
fbem-5062	84	10	.	.	PUNCT
fbem-5062	85	1	new	new	ADJ
fbem-5062	85	2	ideas	idea	NOUN
fbem-5062	85	3	of	of	ADP
fbem-5062	85	4	enterprise	enterprise	NOUN
fbem-5062	85	5	financial	financial	ADJ
fbem-5062	85	6	strategy	strategy	NOUN
fbem-5062	85	7	formulation	formulation	NOUN
fbem-5062	85	8	—	—	PUNCT
fbem-5062	85	9	—	—	PUNCT
fbem-5062	85	10	analysis	analysis	NOUN
fbem-5062	85	11	based	base	VERB
fbem-5062	85	12	on	on	ADP
fbem-5062	85	13	life	life	NOUN
fbem-5062	85	14	cycle	cycle	NOUN
fbem-5062	85	15	embedded	embed	VERB
fbem-5062	85	16	financial	financial	ADJ
fbem-5062	85	17	strategy	strategy	NOUN
fbem-5062	85	18	matrix	matrix	NOUN
fbem-5062	86	1	[	[	X
fbem-5062	86	2	j	j	X
fbem-5062	86	3	]	]	X
fbem-5062	86	4	.	.	PUNCT
fbem-5062	87	1	accounting	accounting	NOUN
fbem-5062	87	2	communication	communication	NOUN
fbem-5062	87	3	,	,	PUNCT
fbem-5062	87	4	2013	2013	NUM
fbem-5062	87	5	(	(	PUNCT
fbem-5062	87	6	05	05	NUM
fbem-5062	87	7	):	):	PUNCT
fbem-5062	87	8	63	63	NUM
fbem-5062	87	9	-	-	SYM
fbem-5062	87	10	65	65	NUM
fbem-5062	88	1	[	[	X
fbem-5062	88	2	9	9	NUM
fbem-5062	88	3	]	]	X
fbem-5062	88	4	wang	wang	PROPN
fbem-5062	88	5	jishui	jishui	PROPN
fbem-5062	88	6	,	,	PUNCT
fbem-5062	88	7	xiao	xiao	PROPN
fbem-5062	88	8	suning	suning	PROPN
fbem-5062	88	9	.	.	PUNCT
fbem-5062	89	1	research	research	NOUN
fbem-5062	89	2	on	on	ADP
fbem-5062	89	3	dividend	dividend	NOUN
fbem-5062	89	4	distribution	distribution	NOUN
fbem-5062	89	5	policy	policy	NOUN
fbem-5062	89	6	of	of	ADP
fbem-5062	89	7	pharmaceutical	pharmaceutical	NOUN
fbem-5062	89	8	manufacturing	manufacturing	NOUN
fbem-5062	89	9	industry	industry	NOUN
fbem-5062	89	10	—	—	PUNCT
fbem-5062	89	11	—	—	PUNCT
fbem-5062	89	12	based	base	VERB
fbem-5062	89	13	on	on	ADP
fbem-5062	89	14	the	the	DET
fbem-5062	89	15	perspective	perspective	NOUN
fbem-5062	89	16	of	of	ADP
fbem-5062	89	17	financial	financial	ADJ
fbem-5062	89	18	strategy	strategy	NOUN
fbem-5062	89	19	matrix	matrix	NOUN
fbem-5062	90	1	[	[	X
fbem-5062	90	2	j	j	X
fbem-5062	90	3	]	]	X
fbem-5062	90	4	.	.	PUNCT
fbem-5062	91	1	science	science	NOUN
fbem-5062	91	2	and	and	CCONJ
fbem-5062	91	3	wealth	wealth	NOUN
fbem-5062	91	4	.	.	PUNCT
fbem-5062	92	1	[	[	X
fbem-5062	92	2	10	10	NUM
fbem-5062	92	3	]	]	X
fbem-5062	92	4	wu	wu	PROPN
fbem-5062	92	5	weidi	weidi	PROPN
fbem-5062	92	6	.	.	PUNCT
fbem-5062	93	1	semi	semi	ADJ
fbem-5062	93	2	-	-	ADJ
fbem-5062	93	3	compulsory	compulsory	ADJ
fbem-5062	93	4	dividend	dividend	NOUN
fbem-5062	93	5	policy	policy	NOUN
fbem-5062	93	6	and	and	CCONJ
fbem-5062	93	7	dividend	dividend	NOUN
fbem-5062	93	8	distribution	distribution	NOUN
fbem-5062	93	9	of	of	ADP
fbem-5062	93	10	listed	list	VERB
fbem-5062	93	11	companies	company	NOUN
fbem-5062	94	1	[	[	X
fbem-5062	94	2	j	j	X
fbem-5062	94	3	]	]	X
fbem-5062	94	4	.	.	PUNCT
fbem-5062	95	1	accounting	accounting	NOUN
fbem-5062	95	2	communication	communication	NOUN
fbem-5062	95	3	,	,	PUNCT
fbem-5062	95	4	2021(04):120123	2021(04):120123	NUM
fbem-5062	95	5	+	+	NOUN
fbem-5062	95	6	150.doi:10.16144	150.doi:10.16144	NUM
fbem-5062	95	7	/	/	SYM
fbem-5062	95	8	j.cnki.issn1002	j.cnki.issn1002	NOUN
fbem-5062	95	9	-	-	NOUN
fbem-5062	95	10	8072.2021.04.023	8072.2021.04.023	PROPN
fbem-5062	95	11	.	.	PUNCT
fbem-5062	96	1	[	[	X
fbem-5062	96	2	11	11	NUM
fbem-5062	96	3	]	]	X
fbem-5062	96	4	luo	luo	PROPN
fbem-5062	96	5	jinhui	jinhui	PROPN
fbem-5062	96	6	,	,	PUNCT
fbem-5062	96	7	li	li	PROPN
fbem-5062	96	8	jialin	jialin	PROPN
fbem-5062	96	9	.	.	PUNCT
fbem-5062	97	1	problem	problem	NOUN
fbem-5062	97	2	of	of	ADP
fbem-5062	97	3	mixed	mixed	ADJ
fbem-5062	97	4	changes	change	NOUN
fbem-5062	97	5	in	in	ADP
fbem-5062	97	6	state	state	NOUN
fbem-5062	97	7	-	-	PUNCT
fbem-5062	97	8	owned	own	VERB
fbem-5062	97	9	enterprises	enterprise	NOUN
fbem-5062	97	10	and	and	CCONJ
fbem-5062	97	11	mode	mode	PROPN
fbem-5062	97	12	matching	matching	NOUN
fbem-5062	97	13	:	:	PUNCT
fbem-5062	97	14	research	research	NOUN
fbem-5062	97	15	based	base	VERB
fbem-5062	97	16	on	on	ADP
fbem-5062	97	17	multiple	multiple	ADJ
fbem-5062	97	18	cases	case	NOUN
fbem-5062	97	19	_	_	PRON
fbem-5062	97	20	luo	luo	PROPN
fbem-5062	97	21	jinhui	jinhui	PROPN
fbem-5062	98	1	[	[	X
fbem-5062	98	2	j	j	X
fbem-5062	98	3	]	]	X
fbem-5062	98	4	.	.	PUNCT
fbem-5062	99	1	accounting	account	VERB
fbem-5062	99	2	monthly	monthly	ADV
fbem-5062	99	3	,	,	PUNCT
fbem-5062	99	4	2022	2022	NUM
fbem-5062	99	5	,	,	PUNCT
fbem-5062	99	6	(	(	PUNCT
fbem-5062	99	7	21	21	NUM
fbem-5062	99	8	):	):	PUNCT
fbem-5062	99	9	16	16	NUM
fbem-5062	99	10	-	-	SYM
fbem-5062	99	11	28	28	NUM
fbem-5062	99	12	.	.	PUNCT