What's the name of the parent company?

Companies can be divided into parent companies and subsidiaries according to their different positions in the relationship between control and controlled. The company that actually controls other companies is the parent company, and the company that is actually controlled by other companies is the subsidiary company. They all have legal personality. A parent company refers to a company that owns more than a certain percentage of the shares of another company or can actually control another company through an agreement. Having the qualification of a legal person and being able to bear civil liability independently. The most basic feature of the parent company is not whether it holds the shares of the subsidiary, but whether it participates in the business operation of the subsidiary. The parent company requires two conditions at the same time: first, it must have one or more subsidiaries, that is, it must meet the control requirements stipulated in the consolidated statement standards, be able to decide the financial and business policies of another enterprise, and gain benefits from the business activities of another enterprise. The parent company can only control one subsidiary or control multiple subsidiaries at the same time. Second, the parent company can be an enterprise, such as a joint stock limited company and a limited liability company as stipulated in the Company Law, or a subject, such as other organizations that are not in the form of enterprises but form accounting subjects, such as funds.