Asset-liability ratio is a comprehensive index to evaluate a company's debt level. At the same time, it is also an index to measure the company's ability to use creditors' funds for business activities, and also reflects the security of creditors' loans. For enterprises, it is generally believed that the appropriate level of asset-liability ratio is 40% to 60%. The Company Law stipulates that a company has independent property rights and is liable with all its property. According to the relevant laws and regulations, if shareholders abuse their legal personality and cause losses to the company, they should use the system of denying legal personality. The investor of a profit-making legal person shall not abuse the independent status of the legal person and the limited liability of the investor to harm the interests of the creditors of the legal person; Whoever abuses the independent status of a legal person and the limited liability of the investor, evades debts, and seriously damages the interests of the creditors of the legal person, shall be jointly and severally liable for the debts of the legal person.

Legal basis:

Article 20 of the Company Law of People's Republic of China (PRC) Company shall abide by laws, administrative regulations and articles of association, exercise their rights according to law, and shall not abuse their rights to harm the interests of the company or other shareholders; The company's independent legal person status and the limited liability of shareholders shall not be abused to harm the interests of the company's creditors. Shareholders of a company who abuse their rights and cause losses to the company or other shareholders shall be liable for compensation according to law. Shareholders of a company who abuse the independent status of a company as a legal person and the limited liability of shareholders to evade debts and seriously damage the interests of creditors of the company shall be jointly and severally liable for the debts of the company.