The cash register only opens once the card has been swiped. 刷过卡后现金出纳机才会打开。
We then find when controlling shareholders transfer state shares to related parties and state shares are privatized, cash flow performance reduces dramatically. 当控股股东将国有股权转让给关联方且股权性质发生了变更时，并购后现金流业绩显著降低。
