Is the indirect subsidiary Sun Zi Company?

Sun company usually refers to the subsidiary of a subsidiary, and the indirect subsidiary is not necessarily Sun company.

For example, Company A owns three subsidiaries B, C and D, and the other three companies B, C and D each own 20% of the shares of Company E, so that Company E becomes an indirect subsidiary of Company A, but not a subsidiary of Company B, C and D, that is to say, Company E is not the grandson of Company A. ..