1, unable to pay off due debts, declared bankrupt according to law;
2, due to the merger, division and other reorganization behavior needs to be dissolved;
3. The competent government department decides to dissolve the enterprise owned by the whole people in accordance with the provisions of laws and regulations;
4. Being ordered to close down in violation of laws and administrative regulations;
5. The investor or the superior unit decides to terminate;
6. The business term stipulated in the Articles of Association expires or other reasons for dissolution stipulated in the Articles of Association occur;
7. There are other major issues that affect the sustainable operation of the enterprise;
8. Consequences of termination of the company: entering liquidation procedures and establishing liquidation organizations; Restrict the capacity for rights and stop business activities. After the general company is dissolved, it must be liquidated, including the company's assets, liabilities and shareholders' rights and interests. Comprehensive cleaning and disposal shall be carried out in accordance with the methods and procedures prescribed by law.
Legal basis: Article 183 of the Company Law of People's Republic of China (PRC).
Where the company is dissolved due to the provisions of Item (1), Item (2), Item (4) and Item (5) of Article 180 of this Law, a liquidation group shall be established within 15 days from the date when the reasons for dissolution appear to start liquidation. The liquidation group of a limited liability company is composed of shareholders, and the liquidation group of a joint stock limited company is composed of directors or personnel determined by the shareholders' meeting. If a liquidation group is not established for liquidation within the time limit, the creditor may apply to the people's court to appoint relevant personnel to form a liquidation group for liquidation. The people's court shall accept the application and promptly organize a liquidation group to carry out liquidation.