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Lungyen sells funeral services and burial and memorial spaces, mostly to families in Taiwan.
Lungyen is a Taiwanese funeral company. It sells funeral services and the places where people are remembered and buried — columbarium niches for ashes and cemetery plots — and it also leases property. Its customers are ordinary families in Taiwan planning a funeral or buying a resting place for themselves or relatives in advance.
The funeral side is the heart of the business. Lungyen handles the ceremony and the practical work around a death, and it sells "pre-need" contracts, meaning people pay years ahead for their own funeral. The columbarium side works like a real estate business: the company builds towers full of small niches, then sells those spaces one at a time. Because land in Taiwan is scarce and crowded, a well-run memorial park can hold real value, and families often buy early. Property leasing adds rental income from buildings the company owns. The tricky part of this business is trust. A pre-need contract is a promise to deliver a service decades later, so customers must believe the company will still be there. That is why Lungyen invests in large, visible memorial parks and a polished brand rather than competing purely on price. It is also a business that carries a reputation risk no ordinary retailer faces: if families feel pressured or misled about funeral and niche purchases, the damage spreads quickly.
Lungyen traces its roots to a construction company called Da Han Construction before it became a funeral services firm, which is why a builder's skills — land, buildings, long projects — still shape how it operates. The company is listed on the Taipei Exchange. It is a steady, cash-generating business rather than a fast-growing one, since demand depends on death rates and on how many families buy ahead, not on economic booms.
Saved answer · last researched 15 Nov 2026