Fu Shou Yuan International Group Limited Fu Shou Yuan International Group Limited (1448.HK) is a leading provider of death care services in China, operating cemeteries and funeral facilities through three main segments: burial services, including the sale of burial plots and cemetery maintenance; funeral services, encompassing funeral planning, interment, and hosting; and other services, such as landscape and garden design, construction, production and sale of cremation machines with after-sales maintenance, and auxiliary offerings like flowers and eco-friendly burial options.
The company, founded in 1994 and headquartered in Shanghai, primarily serves the domestic Chinese market with approximately 200 funeral service outlets and crematoria, targeting families seeking comprehensive memorial solutions amid an aging population.
In recent developments, Fu Shou Yuan International Group Limited has pursued international expansion, including a strategic partnership signed on October 26, 2024, with Panama Fushouling Co., Ltd. for cooperative development, training exchanges, and mutual benefits in the funeral sector; established new North American partnerships to enhance global influence; and completed acquisitions such as the remaining 10% equity in Liaoning Guanlingshan Cultural Landscape Cemetery in 2022, alongside smaller cemetery purchases like one in Shaanxi province. The company continues to innovate with digital memorial services, grief counseling, and funeral IoT functionalities, while navigating 2024-2025 challenges including the expiration of a Fujian subsidiary concession and deconsolidation of its Xiamen operations, alongside board appointments of new independent non-executive directors effective November 21, 2025.