Legal basis: Article 179th of the Company Law of People's Republic of China (PRC). Where a company is merged or divided and its registered items change, it shall register the change with the company registration authority according to law. If the company is dissolved, it shall go through the cancellation of registration according to law; Where a new company is established, it shall be registered in accordance with the law.
Where a company increases or decreases its registered capital, it shall register the change with the company registration authority according to law.