What if the company is cancelled but the social security is not cancelled?

Legal analysis: the closure or cancellation of the company has no effect on your social security. Your work unit bought you social security, which means you have this unemployment insurance, so you can receive unemployment benefits through unemployment insurance. Depending on the number of years you have paid unemployment insurance, you can enjoy different unemployment benefits, up to 24 months. Of course, after the original company goes bankrupt, you must transfer your personal social security from your original work unit, because your personal social security can accumulate payment years, so it is very necessary to transfer it from your original work unit. If a new work unit accepts you, then transfer to a new work unit and continue to pay.

Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.