Hangzhou Panaisa Sanitary Ware Co., Ltd. (referred to as "Panasia") was established in December 2002, with its headquarters located in Tonglu, Zhejiang Province. Panasia is a high-tech enterprise specializing in the design, manufacture, and sale of kitchen and bathroom products. The company has a registered capital of 93.8 million RMB and has controlling subsidiaries Hangzhou Hoca Kitchen and Bath Products Co., Ltd. (referred to as "Hoca") and Hangzhou BDC Kitchen & Bath Technology Co., Ltd. (referred to as "BDC").

The High-end Bathroom Faucets company owns multiple invention patents and utility model patents, has passed the GB/T29490-2013 intellectual property management system certification, and is a national demonstration enterprise for intellectual property advantages. The company has a research and development team centered on a Zhejiang provincial-level enterprise research institute, consisting of more than 100 engineering and technical personnel and management experts, responsible for technical research and development, quality control, and other work.