Legal basis: Article 184th of the Company Law of People's Republic of China (PRC). During the liquidation period, the liquidation group shall exercise the following functions and powers, clean up the company's property, and prepare the balance sheet and property list respectively. Notify and announce creditors; Handle the unfinished business of the company related to liquidation; Pay off the taxes owed and the taxes generated in the liquidation process; Clean up creditor's rights and debts; Dispose of the company's remaining property after paying off debts; Participate in civil litigation activities on behalf of the company.