Can a subsidiary have a subsidiary?

According to the relevant provisions of the Company Law, subsidiaries have legal personality, so subsidiaries can also set up subsidiaries, also known as "Sun Company". For example:

Regulatory reference:

Article 14 of the Company Law of People's Republic of China (PRC)

Article 14 A company may set up branches. The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license. A branch company does not have legal person status, and its civil liability shall be borne by the company.

A company may set up subsidiaries, which have legal personality and independently bear civil liabilities according to law.