2. Each party to the merger shall prepare a balance sheet and a list of assets respectively;
3. The parties sign the merger agreement;
4. Notify creditors within 10 days from the date of making the resolution;
5. Make an announcement in the newspaper within 30 days from the date of making the resolution;
6. Accounting treatment, such as reconciliation and report consolidation;
7. Verification of paid-in capital after consolidated statements;
8. Apply to the registration authority for registration 45 days after the resolution is made. Subsidiaries apply for cancellation of registration, and group companies apply for change registration.
Legal basis: People's Republic of China (PRC) Company Law.
Article 173 When a company is merged, all parties to the merger shall sign a merger agreement and prepare a balance sheet and a list of assets. The company shall notify the creditors within 10 days from the date of making the merger resolution and make an announcement in the newspaper within 30 days.
Article 174 When a company is merged, the creditor's rights and debts of the merging parties shall be inherited by the surviving company or the newly established company after the merger.