According to the provisions of the Company Law, the liquidation group shall exercise the following functions and powers during liquidation:
(1) Liquidate the Company's property and prepare balance sheets and inventory of property respectively;
(2) Notify and announce creditors;
(3) Handle the company's outstanding business related to liquidation;
(4) Pay off the taxes owed and the taxes generated in the process of liquidation;
(5) Liquidate claims and debts;
(6) Dispose of the Company's remaining assets after paying off debts;
(7) Participate in civil litigation activities on behalf of the company.