Legal analysis: refers to a company buying all or part of the assets or property rights of another company, thus influencing and controlling the acquired company, so as to enhance the competitive advantage of the enterprise and realize the business objectives of the enterprise. Changes in the company will inevitably change the company culture and so on. At this time, it may be necessary to adapt to the new company culture and management model. In terms of salary and benefits, it also means change. There are two possibilities: one is that the existing salary and benefits will remain unchanged, and the other is that they will be implemented according to the new salary and benefits formulated by the acquiring company. Great changes have taken place in the way of working. In the past, it may be required to be simple and clear, but now it may be required to be more detailed and specific, and the meeting time will be increased.
Legal basis: People's Republic of China (PRC) Company Law.
Article 172 Paragraph 3 A company merger shall be signed by all parties to the merger.
Article 179 The merger or division of a company shall be decided by the shareholders' meeting of the company. Therefore, the merger of companies should take the form of a written contract, and one of the effective conditions of the merger contract is that the shareholders' meeting and the board of directors agree to the merger in the form of a written resolution.