Legal analysis: If a company has its own debts, it can set up a new subsidiary. A subsidiary has the status of a legal person and independently bears civil liability according to law. If the company has debts, it will not affect the establishment of subsidiaries. The establishment of a subsidiary shall meet the conditions prescribed by law and apply to the company registration authority for establishment registration according to law.
Legal basis: Article 84 of the Civil Law of People's Republic of China (PRC) stipulates that the controlling investor, actual controller, directors, supervisors and senior managers of a profit-making legal person shall not use their relationship to harm the interests of the legal person; If losses are caused to the legal person by using the related relationship, it shall be liable for compensation.