Secondary company level of China Merchants Group

The secondary companies of China Merchants belong to the subsidiary level. China Merchants Group is a large comprehensive enterprise group in Chinese mainland, covering many industries. In terms of organizational structure, China Merchants Group divides the company into three levels: headquarters, secondary companies and tertiary companies. The secondary company refers to the subsidiary under the headquarters of China Merchants, which is a branch established for a specific business field or region. The second-level company is located between the headquarters and the third-level company in the organizational structure. We should not only obey the management and leadership of the headquarters, but also be responsible for specific business development and management.