What are the ways of corporate restructuring?

There are various ways of enterprise reorganization, mainly: 1, merger: refers to the merger of two or more enterprises, and the original enterprises do not exist in the form of legal entities, but set up a new company. If Company A and Company B are merged into Company C, the Company Law of People's Republic of China (PRC) stipulates that company merger can be divided into two forms: absorption merger and new merger. One 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. 2. Merger: refers to the merger of two or more enterprises, in which one enterprise keeps its original name and the other enterprises no longer exist as legal entities. 3. Acquisition: refers to an enterprise purchasing all or part of the ownership of another enterprise by purchasing all or part of its shares or all or part of its assets (or asset acquisition). The goal of acquisition is to gain control over the target enterprise, and the legal person status of the target enterprise does not disappear. 4. Takeover or takeover: refers to the situation that the controlling shareholder of the company (usually the largest shareholder of the company) loses its control position due to the sale or transfer of its equity, or its shareholding is surpassed by others. 5. Bidding: refers to an enterprise directly making an offer to the shareholders of another enterprise to buy the shares it holds in this enterprise, thus controlling the behavior of this enterprise. This will happen when the enterprise is a listed company. 6. divestiture: refers to the transaction in which an enterprise sells the assets of its subordinate departments (independent departments or production lines) to another enterprise. Specifically, it means that an enterprise sells some of its idle non-performing assets, unprofitable assets or product production lines, subsidiaries or departments to other enterprises to obtain cash or securities. 7. Separation: refers to the company distributing all the shares owned by subsidiaries to the shareholders of the company in proportion, thus forming two independent companies with the same shareholding structure. This definition is essentially the same as the meaning of divestiture in the shareholding system reform of state-owned enterprises in China. The divestiture in the restructuring of state-owned enterprises in China often refers to the process of separating the non-operating assets or non-main assets of state-owned enterprises from the operating assets or main assets of enterprises by means of free allocation. Through divestiture, different legal entities can be separated, and the state owns the equity of these legal entities. Separation is one of the forms of stripping. 8. Bankruptcy: refers to the failure of an enterprise to turn losses into profits for a long time and gradually develop into inability to pay due debts. Enterprise failure can be divided into two types: business failure and financial failure. Financial failure is divided into technical bankruptcy and bankruptcy. Bankruptcy is the extreme form of financial failure. Bankruptcy in enterprise reorganization is actually a legal procedure of enterprise reorganization and a form of social assets reorganization.