No, Nongfu Spring is actually a local company in China. Established on September 26th, 1996. Its predecessor was "Zhejiang Qiandao Lake Yangshengtang Domestic Water Co., Ltd.". Its head office is located in Hangzhou, Zhejiang Province, and it is the holding company of Yangshengtang Group. Nongfu Spring Co., Ltd., formerly known as Zhejiang Qiandao Lake Yangshengtang Drinking Water Co., Ltd., is a private enterprise listed in Hong Kong Exchanges and Clearing Limited, focusing on the development and promotion of drinking natural water, fruit and vegetable juice drinks, special-purpose drinks and tea drinks. Twelve water source bases, including Qiandao Lake in Zhejiang, Changbai Mountain in Jilin, Danjiangkou in Hubei, Lvwan Lake in Guangdong and Manas in Xinjiang.