Does the restructuring of state-owned enterprises involve capital reduction?

The company's capital reduction shall comply with legal procedures: (1) the resolution of the shareholders' meeting. The contents of the resolution include: ① the registered capital of the company after capital reduction; ② Arrangement of shareholders' interests and creditors' interests after capital reduction; ③ Matters related to the revision of the Articles of Association; (4) Changes in the capital contribution of shareholders and their proportions, etc. When making a resolution on capital reduction, the company should pay attention to the fact that the registered capital of the company after capital reduction shall not be lower than the statutory minimum; (two) the preparation of balance sheets and property lists; (3) Notify or announce creditors. The company shall notify the creditors within 10 days from the date of making the resolution to reduce the registered capital, and make an announcement in the newspaper at least three times within 30 days. Creditors have the right to require the company to pay off debts or provide corresponding guarantees within 30 days from the date of receiving the notice, or within 90 days from the date of the first announcement if they have not received the notice; (4) change registration.