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holding company
The new firm was owned on a fifty-fifty basis by the two parent companies.
Each unit including the parent company has its own, local management.

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Open the tool →母公司 (mǔ gōng sī) means “parent company, holding company”.
母公司 is pronounced mǔ gōng sī in Mandarin Chinese.
“parent company” is 母公司 (mǔ gōng sī) in Chinese.
This page has 2 example sentences using 母公司, each with pinyin and an English translation.