Article 5 of the Interim Provisions on the Administration of Enterprise Group Registration clearly stipulates the conditions for establishing a group company. The specific contents are as follows: (1) The registered capital of the parent company of the enterprise group is more than 50 million yuan, and it has at least 5 subsidiaries; (2) The total registered capital of the parent company and its subsidiaries is more than 654.38 billion yuan; (3) All members of the group have legal personality. The national pilot enterprise group shall also meet the conditions of the pilot enterprise group determined by the State Council.
There is no requirement as to whether the parent company has only one legal person to invest and acquire other companies to form subsidiaries and integrate them into groups.