Is the listed subsidiary of the parent company a listed company?
Not exactly. According to the inquiry of China Travel Service. Com, is the listed subsidiary of the parent company a listed company? Legal analysis: subsidiaries of listed companies do not belong to listed companies. Because the subsidiary of a listed company is not attached to the listed company, it is an independent legal person and can bear civil liability alone, with its own name and articles of association. Article 14 of the Company Law of People's Republic of China (PRC) * * A company may set up branches; The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license.