Legal basis: People's Republic of China (PRC) Labor Contract Law.
Article 44 If the company is dissolved in advance, it will be terminated regardless of whether the labor contract expires or not.
Article 46 If the company dissolves or terminates the labor contract, it shall pay the economic compensation of one month's salary every year according to the employees' working years in the unit, and pay one year every year for more than half a year but less than one year.
My salary for calculating the economic compensation shall be calculated according to the average salary of the laborer 12 months before the termination of the contract, including hourly wages, piece-rate wages, various subsidies and allowances, overtime wages, bonuses and wages paid under special circumstances. My salary is three times higher than the average salary of local employees, and it is calculated according to the average salary of local employees. If it is lower than the local minimum wage, it shall be calculated according to the local minimum wage.