Is there a connected transaction between the subsidiary and the parent company? How does the new company law stipulate related party transactions?

Conclusion: As a related party transaction, the related party transaction between parent company and subsidiary company is not illegal within the scope permitted by law.

Analysis:

1. To the extent permitted by law, it is not illegal for a parent company to conduct related transactions with its subsidiaries.

2. Legal basis:

Article 21 The controlling shareholders, actual controllers, directors, supervisors and senior managers of the company shall not use their relationships to harm the interests of the company.