After the establishment of the liquidation group, it shall conduct a comprehensive liquidation and verification of the company's assets, including fixed assets, current assets, tangible assets, intangible assets, claims and debts, and prepare a balance sheet and an inventory of property respectively; Directly notify known creditors within the statutory time limit and issue an announcement to unknown creditors through newspapers; Decide whether to continue or terminate the performance of the contract still being performed by the company according to the needs of liquidation; When the company is dissolved, it shall check the tax matters of the company and report to the relevant tax authorities of the state for verification item by item and pay the full amount of the company's property in case of any unpaid taxes or taxes payable during the liquidation process; If the dissolution of the company is to be prosecuted or sued, the liquidation group shall conduct it on behalf of the company; Within 30 days after the liquidation of the company is completed, the liquidation group shall prepare a liquidation report, submit it to the shareholders' meeting, the shareholders' meeting or the people's court for confirmation, and submit it to the company registration authority to apply for cancellation of the company's registration.
 [Legal Basis]
 In Article 184 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.