Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 33

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 33
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 We are engaged in producing products that are unique to the “Jue Cheng” culture.
We rely on a combination of combination of trade secrets, know-how, trademarks and other contractual rights to establish and protect its
proprietary rights in its intellectual property. The use of contractual provisions, confidentiality procedures and agreements, and trademark,
unfair competition, trade secret and other laws to protect intellectual property rights and proprietary technology may not be adequate.
Litigation may be necessary to enforce our intellectual property rights and protect proprietary technology, or to defend against claims
by third parties that our conduct or our use of intellectual property infringes upon such third party's intellectual property rights.
Any intellectual property litigation or claims brought against us, whether or not meritorious, could result in substantial costs and diversion
of our resources, and there can be no assurances that favorable final outcomes will be obtained. The terms of any settlement or judgment
may require us to pay substantial amounts to the other party or cease exercising our rights in such intellectual property, including ceasing
the use of certain trademarks used by us to distinguish our services from those of others. In addition, we may be required to seek a license
to continue practices found to be in violation of a third party's rights, which may not be available on reasonable terms, or at all. Our
business, financial condition or results of operations could be adversely affected as a result. 

The growth of our
business may be adversely affected if we do not implement our growth strategies and initiatives successfully or if we are unable to manage
our growth or operations effectively.

We have expanded and are continuing to expand
our operations, which has placed, and will continue to place, significant demands on our management and our operational and financial
infrastructure. Additionally, our ability to grow in the future will depend on a number of factors, including the ability to develop and
expand new and existing client relationships, to continue to develop innovative products and services, to hire and train qualified personnel,
to expand and grow in existing and future markets, and to sustain operational excellence and efficiencies across all business lines. Achieving
and sustaining growth requires the successful execution of our growth strategies, which may require the implementation of enhancements
to customer-facing, operational and financial systems, expanded sales and marketing capacity, continuous updates to technology and improvements
to processes and systems, and additional or new organizational resources. Given these challenges, we may be unable to manage our expanding
operations effectively, or to maintain our growth, which could have a material adverse effect on