Do subsidiaries of state-owned enterprises need to ask the group for instructions when opening the board of directors?

Need. According to the inquiry of China Travel Service. Com, it is necessary for a subsidiary of a state-owned enterprise to ask for instructions from the group when holding a board meeting. In international business, a subsidiary refers to a legal person enterprise of the host country established in accordance with the law with all or part of the shares invested by the parent company. The subsidiary is legally independent from the parent company and has an independent and complete company management organization system, so it has greater independence and certain flexibility in operation.