Shanghai New Jinqiao Construction and Development Co., Ltd., Shanghai Kaisheng Garden Engineering Co., Ltd., etc. According to official website's industrial and commercial information, Shanghai New Jinqiao Construction and Development Co., Ltd. is a wholly-owned subsidiary of Shanghai Jinqiao (Group) Co., Ltd., a large state-owned enterprise, and Shanghai Kaisheng Garden Engineering Co., Ltd. is a state-owned subsidiary of Songjiang City Investment Group. In international business, a subsidiary refers to a legal person enterprise of the host country established in accordance with the law with all or part of the shares invested by the parent company.