- Address
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- IPO Date
- Feb 28, 2017
- Business
- Quang Nam Urban Environment Joint Stock Company (UPCOM: QNU) is a Vietnam-based municipal utility and environmental services provider primarily engaged in solid waste management, wastewater treatment, urban greening, public lighting, and civil infrastructure maintenance. Founded in 1997 and headquartered in Tam Ky, Quang Nam Province, Vietnam, the company provides essential public utility and environmental sanitation services to municipal governments, industrial zones, commercial establishments, and residential communities across the Quang Nam region. The company operates through several core business lines: Waste Management and Environmental Sanitation Services, which encompass the collection, sorting, transportation, and sanitary landfill disposal of municipal domestic solid waste; specialized collection and thermal incineration of biohazardous and medical waste; hazardous and non-hazardous industrial waste treatment; and commercial scrap recycling; Water Supply and Drainage Utilities, including the operation and maintenance of urban stormwater drainage systems, centralized wastewater treatment facilities, and the distribution of clean piped water across regional districts such as Dai Loc, Tien Phuoc, Hiep Duc, and Nam Tra My; Urban Landscaping and Forestry Services, providing landscape architecture, street tree planting, maintenance and pruning, park and green belt upkeep, and commercial nursery cultivation; Public Infrastructure Construction and Technical Services, consisting of the installation, operation, and maintenance of public street lighting systems, traffic signals, sidewalk paving, urban drainage network construction, and civil engineering works; and Municipal Civic Services, comprising cemetery management, memorial park maintenance, and funeral services. In recent developments, the company has been actively advancing its waste processing infrastructure to transition away from traditional landfilling toward modern, environmentally sustainable technologies, supporting provincial plans for waste-to-energy incineration and integrated waste treatment facilities across Quang Nam. The company has expanded its operational footprint through public utility service procurement contracts with provincial and district authorities, optimized leachate treatment systems across its central disposal facilities in Tam Xuan and Tam Nghia, upgraded its specialized municipal sanitation fleet, and maintained steady operational performance while delivering regular annual cash dividend payouts to shareholders.