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Relationship between Dongfeng Design and Research Institute and Red Star Macalline
Parent-subsidiary relationship.
The parent-subsidiary relationship means that although the subsidiary has the legal person status and can independently bear civil liability, the parent company can actually control the subsidiary based on the share possession or control agreement. According to the eye investigation, Red Star Macalline Holding Group holds 58.64% equity of Dongfeng Design and Research Institute Co., Ltd., which can actually control Dongfeng Design and Research Institute Co., Ltd., so the relationship between them is parent-subsidiary company.
Dongfeng Design and Research Institute Co., Ltd. is a science and technology service enterprise invested and controlled by Red Star Macalline on 20 18. Its main business scope includes construction and machinery.
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