Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 7

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 7
---
 Company
is subject to the laws and regulations of the PRC, which can be complex and evolve rapidly. The PRC government has the power to exercise
significant oversight and discretion over the conduct of the Company’s business, and the regulations to which we are subject may
change rapidly and with little notice to us or the Company’s shareholders. As a result, the application, interpretation, and enforcement
of new and existing laws and regulations in the PRC are often uncertain. In addition, these laws and regulations may be interpreted and
applied inconsistently by different agencies or authorities. New laws, regulations, and other government directives in the PRC may also
be costly to comply with, and such compliance or any associated inquiries or investigations or any other government actions may:

    ·
    Delay or impede the Company’s development,

    ·
    Require significant management time and attention, and

    ·
    Subject the Company to remedies, administrative penalties and even criminal liabilities that may harm the Company’s business, including fines assessed for the Company’s current or historical operations, or demands or orders that the Company modify or even cease its business practices.

 7 

The promulgation of new laws or regulations, or
the new interpretation of existing laws and regulations, in each case that restrict or otherwise unfavorably impact the ability or manner
in which we conduct our business and could require us to change certain aspects of our business to ensure compliance, which could decrease
demand for our products, reduce revenues, increase costs, require us to obtain more licenses, permits, approvals or certificates, or subject
us to additional liabilities. To the extent any new or more stringent measures are required to be implemented, our business, financial
condition and results of operations could be adversely affected as well as materially decrease the value of the common stock.

If the Chinese government chooses to exert
more oversight and control over offerings that are conducted overseas and/or foreign investment in China-based issuers, such action could
significantly limit or completely hinder Tancheng Group’s ability to offer securities to investors and cause the value of such securities
to significantly decline or become worthless.

Recent statements by the Chinese government have
indicated an intent to exert more oversight and control over offerings that are conducted overseas and/or foreign investments in China
based issuers. PRC has recently promulgated new rules that require companies collecting or holding large amounts of data to undergo a
cybersecurity review prior to listing in foreign countries, a move that will significantly tighten oversight over