Merger process of enterprises owned by the whole people

The merger process of enterprises owned by the whole people is as follows: initially determine the merging party and the merged enterprise; Asset verification and financial audit; Asset evaluation; Determine the low price of property rights; Sign the merger agreement and manage the transfer price. Article 172 The merger of companies may take the form of absorption merger or new merger. A company absorbs other companies for merger, and the absorbed company is dissolved. The merger of two or more companies to form a new company is a new merger, and the parties to the merger are dissolved.