Success story 2024 (2) - Corporate Restructuring (Holding)

WZR China supported Client B, a large air filter and air cleaning group, to simplify its company structure in China:

 

  • Transferred assets from the old production company in Shanghai to the new production company in East Chin
  • Liquidated the old production company in Shanghai.
  • Production company in Suzhou as head office for branch offices in Beijing and Shanghai for business of affiliated company.
  • The representative offices of affiliated company will be closed.

 

Result:
A holding structure for different business lines is established.

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