How to determine the existence and division of shareholders

Legal analysis: 1. Obtain the pre-approval of the name of the newly established company (to be established)

2. Obtain the resolutions of the shareholders' meeting of the surviving company and the newly established company (to be established)

Legal basis: Law of People's Republic of China (PRC) on State-owned Assets of Enterprises.

Article 31 The merger, division, increase or decrease of registered capital, issuance of bonds, distribution of profits, dissolution and filing for bankruptcy of wholly state-owned enterprises and wholly state-owned companies shall be decided by the institutions that perform the responsibilities of investors.

Article 34 The merger, division, dissolution and bankruptcy application of important wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies, as well as the major matters that the institutions performing the investor's duties should report to the people's government at the corresponding level, should be reported to the people's government at the corresponding level for approval before the institutions performing the investor's duties make a decision or instruct their appointed shareholder representatives to attend the shareholders' meeting and shareholders' meeting of the state-owned capital holding company.