Legal analysis: 1. Managers can completely control the daily business activities of subsidiaries in the target market and ensure that valuable technologies, processes and other intangible assets remain in the subsidiaries. This way of complete control can also reduce the opportunities for other competitors to gain the competitive advantage of the company, especially when the company takes technology as its competitive advantage, which is particularly important. 2. If the company wants to coordinate the activities of all its subsidiaries, wholly-owned subsidiaries will be a very good entry mode. From the perspective of global strategy, companies can regard each country's market as part of an interconnected global market. Therefore, having complete control over wholly-owned subsidiaries is more attractive to company managers who pursue global strategy.
Legal Basis: Provisions of the Supreme People's Court Municipality on the Application of Several Issues (IV) Article 1 If shareholders, directors and supervisors of a company request to confirm that the resolutions of the shareholders' meeting or the shareholders' meeting or the board of directors are invalid or invalid, the people's court shall accept them according to law. Article 4 The shareholders' request to cancel the resolutions of the shareholders' meeting or the shareholders' meeting or the board of directors is in line with the provisions of the second paragraph of Article 22 of the Company Law and shall be supported by the people's court. However, if there are only minor flaws in the procedure for convening the meeting or the voting method, and the resolution has no substantive impact, the people's court will not support it.