Lung Yan currently holds approximately 220,000 pre-need contracts that have yet to be fulfilled. The company is strategically focusing on increasing its market penetration in Taiwan, currently estimated at under 5%. Lung Yan aims to capitalize on the growing demand for pre-need funeral arrangements and related services. This strategy involves leveraging its existing customer base and expanding its service offerings. The company’s financial reports indicate confidence in its ability to secure a larger share of the market. Lung Yan believes there is significant untapped potential within Taiwan’s pre-need planning sector. Further details were discussed during a recent investor conference held in Taiwan.

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