QiaoYin Environmental Tech

What QiaoYin Environmental Tech does

QiaoYin City Management Co., Ltd. (侨银城市管理股份有限公司, SZSE: 002973), founded in 2001 and headquartered in Guangzhou, is China's first A-share listed urban management services enterprise. The company delivers integrated urban environmental services to municipal and county-level government clients across 100+ cities in 26 provinces, covering sanitation, landscaping, road maintenance, parks, drainage, and public property management. Its flagship offering is the 'City Butler' (城市大管家) integrated service platform, extended by the '@City' (At-City) comprehensive governance model that bundles community micro-renovation, property management, and asset operations into a single contract. Approximately 99.68% of revenue derives from environmental sanitation management under long-term contracts.

The company's revenue model is built on multi-year (3-25 year) PPP, BOT, and franchise agreements secured through public government tendering, with single-contract values ranging from ~35 million yuan (municipal projects) to 67 billion yuan (Kunming Guandu District, 20-year). QiaoYin reported 2023 revenue of 39.43 billion yuan with net profit of 329 million yuan (up 7.8% YoY) and gross margin of 26.04%. Underlying technology includes the proprietary Smart Sanitation Management System (IoT/big data/cloud/AI integrated), self-developed AI autonomous cleaning and patrol robots (Model-Y, Model-AC), and the largest domestic single-site kitchen waste plant (1,000 t/day) and landfill leachate treatment plant (4,000 t/day). Go-to-market is exclusively government procurement; the company does not serve private or consumer customers.

In 2024-2025, QiaoYin launched an internationalization strategy targeting the Middle East (UAE partnerships with CIC and THi Group, USD 200 million target), Southeast Asia (Thailand's CP Group, Indonesia's PT Danantara), and has expanded its AI portfolio through a partnership with China's National Humanoid Robot Team and integration of DeepSeek 3.0. The company employs 70,000+ people including 740+ national first-class experts, holds 200+ national patents, and has participated in drafting 17 national/group standards for the sanitation industry.

Name

QiaoYin Environmental Tech

Legal name

侨银城市管理股份有限公司 (QiaoYin City Management Co., Ltd.)

Website

https://gzqiaoyin.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

QiaoYin City Management is China's first A-share listed urban management services enterprise, delivering integrated sanitation, landscaping, and municipal facility services to government clients across 100+ cities. It operates proprietary AI-powered cleaning robots, IoT sanitation platforms, and large-scale waste treatment facilities.

Ownership category

akta.pro rank

Product category

Urban Sanitation and City Management Services

NAICS

Waste Collection (5621), Administration of Air and Water Resource and Solid Waste Management Programs (92411)

SIC

Sanitary Services (4950), Refuse Systems (4953)

akta.pro primary industry

Public Works / In-House Municipal Collection Operations (EUAIAAAF)

akta.pro secondary industries

Street & Public Space Litter Collection (Municipal Cleaning) (BPALAAAE), Street & Outdoor Cleaning Equipment (Street Sweepers, Litter Vacuums) (IMAHALAG), Solid Waste & Recycling Services Administration (BPAIACAH)

Keywords

• Urban sanitation services
• Municipal waste management
• City management services
• Environmental engineering consulting
• Smart sanitation technology

Headquarters

HQ city

Guanzhou

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Government Urban Services Contracts: Primary revenue stream from long-term municipal service contracts secured through public tendering. Contracts are structured as PPP (Public-Private Partnership), BOT (Build-Operate-Transfer), and 特许经营 (franchise) models with typical durations of 3-25 years. Revenue recognized based on service delivery across sanitation, landscaping, and municipal management.
2. Environmental Sanitation Management: Core operational revenue from day-to-day urban environmental services including road cleaning, waste collection and transport, domestic waste disposal, classified as environmental sanitation management income representing approximately 99.68% of total revenue.
3. Urban Public Facilities Management: Integrated municipal facility management including parks, drainage systems, road maintenance, and government property services bundled within comprehensive city service contracts.
4. Waste Treatment & Disposal: Revenue from operating waste treatment infrastructure including kitchen waste processing plants and garbage渗滤液 treatment facilities, generating income through per-ton processing fees and facility management contracts.
5. Specialized Consulting & Technical Services: Fee-based consulting services for urban management system design, operational planning, and technical advisory provided to government clients and partner organizations.

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels5 records

Core offering

QiaoYin provides integrated urban environmental sanitation and city management services to municipal governments across China under long-term PPP/BOT/franchise contracts. The company delivers comprehensive services spanning road cleaning, waste collection and transport, landscaping, municipal facility maintenance, water body cleaning, and environmental treatment through proprietary smart sanitation platforms, AI-powered autonomous robots, and large-scale waste processing facilities.

Product overview

QiaoYin Environmental Tech (侨银城市管理股份有限公司, stock code: 002973.SZ) is a leading urban management services company in China, offering a layered portfolio of integrated service products. At the core is the '城市大管家 (City Butler)' platform — an integrated urban public space management service consolidating sanitation, landscaping, road maintenance, parks, public facilities, and municipal utilities under a single contract. This is extended by the '@城市 (At-City) 全域综合治理服务' mode, which adds community micro-renovation, smart management, property operations, and asset management. Supporting these platforms are proprietary technology products including the 智慧环卫系统 (Intelligent Sanitation Management System) for real-time IoT monitoring and dispatch, and a suite of AI robotics products (侨银人工智能机器人) featuring autonomous cleaning robots and patrol robots with LiDAR navigation. Environmental innovation technology (环保创新技术) services address wastewater, hazardous waste, soil remediation, and solid waste processing. Key landmark projects include the national-scale 李坑综合处理厂 (kitchen waste plant) and 萝岗福山污水处理厂 (wastewater treatment plant). The portfolio is unified through an AI-powered intelligent command center and the 侨银数智城市研究院, which drives ongoing digital intelligence capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• 城市大管家 (City Butler): Integrated urban management service model encompassing sanitation, landscaping, road maintenance, park management, and public property services
• @城市 (At-City)

Products and services

• City Butler (城市大管家) Flagship integrated urban management service platform that consolidates city sanitation, landscaping, road maintenance, park management, public facilities, and municipal services into a unified management system under a single full-service contract for government clients.
• @City (At-City) Comprehensive Governance Service (@城市全域综合治理服务) Next-generation modern urban comprehensive service system integrating grassroots governance, service management, micro-renovation, property management, and asset operations; extends beyond sanitation to include community micro-renovation, smart community management, and operations.
• QiaoYin AI Robots (侨银人工智能机器人) Proprietary AI-powered autonomous robots including the Model-Y outdoor 1-ton autonomous cleaning robot and Model-AC urban management and public security unmanned patrol delivery robot. Features high-precision LiDAR navigation, autonomous path planning, obstacle avoidance, and 5G IoT connectivity for urban environmental management.
• Intelligent Sanitation Management System (智慧环卫系统) Proprietary IoT, big data, cloud computing, and AI-integrated smart sanitation management platform that enables real-time monitoring and intelligent dispatch of personnel, vehicles, and facilities across all project operations nationwide.
• Environmental Innovation Technology (环保创新技术)

Quantifiable outcome

• 100% mechanization rate for first-class roads in project areas
• +5 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered major, flagship and core.

• 人形机器人国家队 (National Humanoid Robot Team)majorTechnology or Integration · 1 May 2025QiaoYin signed cooperation with the national humanoid robot team to promote the launch of three types of humanoid robot (arm) products. The collaboration aims to integrate humanoid robots into urban service scenarios.
• THi集团flagshipStrategic or Co-development Partner · 7 January 2025QiaoYin signed a cooperation agreement with THi Group during the China (Shanghai)-UAE Industrial Investment and Cooperation Conference, witnessed by UAE Deputy Minister of Investment Mohammed Al-Harbi. The agreement covers joint development of industrial parks in Ras Al Khaimah emirate, with QiaoYin committing to securing no less than USD 200 million in contracts within three years in UAE. Scope includes environmental integration management, property management, landscaping, soil remediation, energy management, renewable resources, and low-altitude economy services.
• 印尼主权投资基金PT DanantaramajorStrategic or Co-development Partner · 1 January 2025QiaoYin passed evaluation and was officially selected for Indonesia's environmentally-friendly waste-to-energy project vendor list by PT Danantara Investment Management. This marks QiaoYin's recognition for solid waste treatment technology and service capability in the international market, and a significant step in its participation in Belt and Road ecological construction.
• 阿联酋中国创新中心 (UAE China Innovation Center)flagshipStrategic or Co-development Partner · 12 November 2024Strategic cooperation signed between QiaoYin and UAE China Innovation Center (CIC) to promote QiaoYin's internationalization strategy and deepen China-UAE cooperation in urban digital services, environmental governance, sanitation engineering, and intelligent equipment manufacturing. CIC serves as the official platform for Chinese enterprises entering the Middle East market. The partnership aims to leverage CIC's government connections to facilitate QiaoYin's entry into UAE and broader Middle East markets.
• 中国城市环境卫生协会 (China Urban Environmental Sanitation Association)coreStrategic or Co-development Partner · 1 November 2024QiaoYin was elected Vice President Unit of the association, and senior executive Zhou Danhua was elected Vice President. The company actively participates in and supports industry standard formulation. As of 2022, QiaoYin has led or participated in the compilation of 17 national group standards.
• 中国城市环境卫生协会无人驾驶与环卫机器人专委会 (CUAES Unmanned Driving & Sanitation Robot Committee)coreStrategic or Co-development Partner · 1 November 2024QiaoYin co-founded China's first national-level AI committee in the sanitation sector, jointly established with other leading enterprises and research institutions to advance standardization and industrial coordination for unmanned sanitation robots.
• 正大集团 (CP Group, Thailand)majorStrategic or Co-development Partner · 18 September 2024Strategic cooperation agreement signed in Bangkok between QiaoYin and CP Group covering Mekong River ecological governance, waste recycling technology, and smart operations. This marks QiaoYin's entry into Southeast Asian markets under the Thailand pillar of its international expansion strategy.
• 西部侨银数智科技(重庆)有限公司coreTechnology or Integration · 1 January 2024Subsidiary company established with top Chinese research teams to operate the QiaoYin Smart City Research Institute, focusing on AI-driven urban governance solutions and digital transformation of city management services.
• 阿里云 (Alibaba Cloud)coreTechnology or Integration · 1 April 2021Deep cooperation framework agreement signed with Alibaba Cloud to build a 'City Brain' system, integrating big data, IoT, cloud computing and AI technologies to upgrade the smart sanitation management platform. The collaboration aims to create an integrated smart city management platform using Alibaba Cloud's infrastructure.
• 清华珠三角研究院 (Tsinghua Pearl River Delta Research Institute)coreTechnology or Integration · 12 June 2020QiaoYin signed a comprehensive cooperation agreement with Tsinghua Pearl River Delta Research Institute to jointly establish a Research and Development Center for Solid Waste Disposal and Smart Sanitation, targeting industry technology R&D hotspots and difficulties, advancing comprehensive improvement of human settlement environment.

Scale indicators23 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• EIT Environmental Development Co. Chinese environmental services company focused on urban sanitation and waste management. Directly competes for municipal contracts in southern China.
• China Tianying Inc. Chinese urban environmental services company (000035.SZ) operating waste-to-energy plants and urban sanitation services. Direct competitor in municipal waste management and integrated urban service contracts.
• Beijing Capital Jiaye Environmental Services: Beijing-based subsidiary of Beijing Capital Group providing urban sanitation and waste management services. Direct competitor in PPP urban environmental services market with government relationships.
• Infore Environment Technology Group: Chinese A-share listed environmental services company (300140.SZ) providing urban sanitation, waste management, and environmental equipment. Directly competes with QiaoYin in the same municipal sanitation tender market across China.

Broad incumbents

• Dynagreen Environmental Protection Group: Chinese A-share listed company (601330.SH) specializing in waste-to-energy and municipal solid waste treatment. Broader incumbent in waste management infrastructure with significant scale advantages.
• Beijing Enterprises Water Group: Hong Kong-listed (371.HK) water and environmental services giant. Overlaps with QiaoYin in wastewater treatment and municipal environmental services, though with broader geographic and service scope.
• Grandblue Environment: Major Chinese environmental services company (600008.SH) with broad portfolio including waste-to-energy, water treatment, and urban sanitation. Larger, broader competitor in adjacent environmental services segments.

Regional players

• Guangdong New Grand Long Environmental Service: Guangdong-based regional competitor in urban sanitation and environmental services. Operates in similar geographic markets as QiaoYin with comparable service offerings.
• Eagle Services (Yongan) / YongAn Environmental: Regional Chinese sanitation and environmental services competitor. Provides comparable municipal sanitation services in specific provinces with similar operating model.

Others

• Alibaba Cloud (City Brain division): Technology partner rather than competitor, providing cloud infrastructure for QiaoYin's smart city platform. Represents the enabling technology ecosystem for QiaoYin's digital transformation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about QiaoYin Environmental Tech