Core Viewpoint - GCL-Poly Energy Holdings Limited has decided to terminate its investment in Xuzhou Xinyao New Energy Technology Co., Ltd. to enhance its operational efficiency and risk resilience amid structural adjustments in the photovoltaic industry [5][11]. Group 1: Board Meeting Resolutions - The board meeting on November 21, 2025, approved the proposal to deregister the associated company and related transactions with a unanimous vote of 9 in favor [2][4]. - The independent directors held a special meeting and expressed their agreement with the proposal, stating it aligns with the company's development needs and does not harm the interests of shareholders, especially minority shareholders [14]. Group 2: Details of the Deregistration - GCL-Poly's subsidiary, GCL-Poly Technology (Suzhou) Co., Ltd., holds a 48.28% stake in Xuzhou Xinyao, with a total investment of RMB 800 million, of which RMB 676 million has been paid [5][8]. - The deregistration is part of a strategic decision to focus resources on enhancing core business operations and ensuring supply chain security [11]. Group 3: Financial Impact - Xuzhou Xinyao reported total assets of RMB 1.535 billion and a net profit of RMB 2.33 million as of October 31, 2025, and will not be included in GCL-Poly's consolidated financial statements post-deregistration [8][11]. - The decision to deregister is not expected to significantly impact the company's financial status or operational activities [11]. Group 4: Upcoming Shareholder Meeting - A temporary shareholder meeting is scheduled for December 8, 2025, to discuss the approved proposals, with voting available both in-person and online [15][16]. - The meeting will allow all shareholders to participate and vote on the resolutions, ensuring transparency and compliance with regulatory requirements [18][21].

Core Points - The article outlines the process for company deregistration in Shanghai, emphasizing the need to follow specific steps and visit various departments for completion. Group 1: Tax Deregistration - Before deregistration, companies must complete tax clearance, which involves settling all taxes, late fees, and penalties [2] - Companies need to submit a tax deregistration application form along with relevant documents such as financial statements and invoice stubs [3] - After the tax department reviews and approves the application, a tax clearance certificate will be issued [4] - Tax deregistration is a critical step; without it, subsequent business deregistration cannot proceed [5] Group 2: Business Deregistration - Following tax deregistration, companies must go to the market supervision administration to handle business deregistration [6] - Required documents include a deregistration application, shareholder meeting resolution, and liquidation report [8] - Deregistration information must be publicly announced for a period of 45 days before formal deregistration can occur [8] - Once business deregistration is completed, the company's legal status is officially terminated [8] Group 3: Social Security and Housing Fund Deregistration - Companies that have paid social security or housing fund for employees must also deregister these accounts [9] - The deregistration process involves settling all social security and housing fund fees [10] - Companies must submit a deregistration application along with documents such as employee resignation certificates and payment records [12] Group 4: Bank Account Deregistration - Companies must also close their corporate bank accounts before final deregistration [12] - This involves settling the account balance and any management fees [14] - Required documents for bank account closure include the deregistration certificate and the legal representative's ID [14] Group 5: Other Possible Deregistration Matters - Depending on the nature of the business, additional deregistration procedures may be necessary, such as canceling industry permits or customs registration [12] - Companies holding special industry licenses must approach the relevant authorities for cancellation [12] - Companies involved in import/export activities need to apply for customs deregistration [12] Summary - The deregistration process in Shanghai involves multiple departments, primarily tax, business, social security, housing fund, and banking institutions. The sequence of deregistration should follow tax deregistration → business deregistration → social security and housing fund deregistration → bank account deregistration. It is advisable for companies to consult relevant departments in advance to ensure all materials are complete and avoid multiple trips [12]

Group 1 - The core viewpoint of the article emphasizes the importance of professional company deregistration services in the complex process of company cancellation, particularly in the Chengdu region [1][2][4]. Group 2 - The current situation of company deregistration is characterized by its complexity, involving multiple departments and intricate procedures, which can be overwhelming for business owners [2][4]. - The deregistration process typically includes six main steps: public announcement, social insurance cancellation, tax business cancellation, deregistration with the industry and commerce bureau, bank account cancellation, and company seal cancellation [2][4]. - A company must undergo a legal liquidation process before initiating deregistration, which includes managing company assets, settling debts, and distributing remaining assets [2][4]. Group 3 - Professional deregistration companies play a crucial role in navigating the complex deregistration process, providing expert guidance and support to business owners [4][5]. - Chengdu Zhongzheng Tax Consulting Co., Ltd. is highlighted as a professional institution with extensive experience in handling deregistration, ensuring compliance with regulations and efficient execution of each step [4][5]. Group 4 - Chengdu Zhongzheng Tax Consulting Co., Ltd. offers a range of services beyond deregistration, including company registration, bookkeeping, business agency, trademark registration, tax resolution, and company changes [5][6]. - The company provides free initial consultations to tailor deregistration plans based on the specific circumstances and needs of the business, ensuring a smooth and compliant process [6]. Group 5 - Factors influencing the ranking of deregistration companies in Chengdu include professional capability, service quality, and the number of successful cases and reputation [8]. - Chengdu Zhongzheng Tax Consulting Co., Ltd. has gained a strong reputation and high ranking in the deregistration service sector due to its professional team and numerous successful cases across various industries [8]. Group 6 - When selecting a professional deregistration company, business owners should focus on professionalism, reputation, and the clarity of service offerings and pricing [9]. - Chengdu Zhongzheng Tax Consulting Co., Ltd. is recognized for its rich experience, professional services, and good reputation, providing quality deregistration solutions for businesses in Chengdu [9].