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").
Panasia is one of the largest international high-end Kitchen and bathroom sanitary ware products suppliers in China, providing OEM and ODM services for globally renowned brands. As of 2022, the company's annual sales exceed $170 million, with faucet and accessories products sales accounting for over $100 million.
The company is a national high-tech enterprise. It has been certified and passed the ISO9001 quality management system, ISO14001 environmental management system, and GB/T45001 occupational health and safety management system certification. Since 2002, the company has been implementing ERP system management and is a pilot enterprise for the application of industrial information in Hangzhou.