Changsha Hengyang Electronics Co., Ltd, (now PSVane), some of the owners/engineers worked for Shuguang a valve manufacturer within China.
Didn't have a great name , EL34B was a big seller back in the day when they were half the cost of Russian branded valves but reliability was not good. They suffered with poor performance and power handling. They worked out of the Chinese state-owned Shuguang tube factory back in 2011 still a Chinese State owned factory based in Hong Kong, I believe.
Out of a box of 100 new EL34s from the factory, 36 were faulty. 36% failure rate is not good.
I won't use Chinesium valves ever since, once bitten, twice shy as we say.
They may have improved but I will stay away.