Holding company: only governs other companies in a certain group.
Description: 1) The original sentence means what is translated above; 2) If further explanation is needed, the parent company refers to the holding company that operates its business and owns the capital of its subsidiaries. The parent company generally owns all or more than half of the shares of its subsidiaries. The biggest difference between it and the holding company is that the latter does not operate business. Holding company, also called Controlling Company in English, refers to a company that controls or grasps the management rights of other companies by holding a certain share of capital stock.