Are the non-wholly-owned subsidiaries directly invested by the company with control rights controlled by the same or different companies when consolidating statements?

The company law and related laws clearly stipulate that the parent company and subsidiary company are two independent legal entities; The head office and branches are branches of the head office. The branch does not have independent civil subject qualification, but its head office. Branches exercise the internal functions and powers granted on behalf of the Head Office, and do not bear the civil subject responsibility, which lies with the Head Office.