The Company shall be liquidated if it is dissolved due to the following reasons: (1) the business term specified in the Articles of Association expires or other reasons for dissolution specified in the Articles of Association occur; (2) The shareholders' meeting or shareholders' general meeting resolves to dissolve; (3) The business license is revoked, the company is ordered to close down or is revoked according to law; (4) The people's court dissolved the company in accordance with Article 182 of the Company Law.