Will Sun Company's equity participate in the long-term equity investment in the consolidated statement of the parent company?

In the consolidated statement, the equity investment reflected by long-term equity investment usually only includes the equity investment in joint ventures, joint ventures and shareholding enterprises held by enterprises within the scope of consolidation, excluding the equity investment in subsidiaries.

Because I didn't see the consolidated report in the question, I can't elaborate. But the conceivable possibilities are:

1. The subsidiary is not controlled by the parent company for various reasons and is not included in the scope of merger, but is reflected through long-term equity investment. For example, the subsidiary is in liquidation stage.

2. Long-term equity investment is not the long-term equity investment in the consolidated statement, but the long-term equity investment of the parent company separately reflected in the consolidated statement.