What is the relationship between Watts Company and Tianjin Tanggu Waters Valve Co., Ltd.?

Tianjin Tanggu Water Co., Ltd. (TWT), established in 1994, is a joint venture company established and controlled by Watts Group in China, specializing in the production of various low and medium pressure valves. The registered capital of the company is141400,000 USD, covering an area of 80,000 square meters, with modern factory buildings, manufacturing and testing equipment and strong technical force. It has obtained a series of international authoritative certifications such as ISO900 1:2000: 2000 quality system certification, EU Pressure Equipment Directive 97/23/EC certification (CE certification), China Classification Society factory certification, etc. It is one of the global strategic manufacturing centers of Watts Group and the manufacturing center of Watts Group in Asia.