Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 537

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 7A
Chunk 537
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 our securities by persons associated with the Company that may possess material nonpublic
information relating to the Company. A copy of the insider trading policy is filed as Exhibit 19.1 to this report.

Delinquent Section 16(a) Reports

Under U.S. securities laws, directors, certain
executive officers and persons beneficially owning more than 10% of our common stock must report their initial ownership of the common
stock, and any changes in that ownership, to the SEC. The SEC has designated specific due dates for these reports. Based solely on our
review of copies of such reports filed with the SEC and written representations of our directors and executive offers, we believe that
all persons subject to reporting filed the required reports on time in fiscal year 2024, except that one Form 3, covering one transaction,
was filed late by our Secretary Ping Li and one Form 3, covering one transaction, was filed late by our director Longjiao Li.  

ITEM 11. EXECUTIVE COMPENSATION.

Summary Compensation Table 

The following table sets forth information concerning
all cash and non-cash compensation awarded to, earned by or paid to the named executive officers for services rendered in all capacities
during fiscal year ended December 31, 2024, and the 2023.

    Name and Principal Position 
    Year 
    Salary 
($) 
    Bonus 
($) 
    Stock  Awards
 ($) 
    Option Awards
 ($) 
    Non-Equity Incentive Plan Compensation ($) 
    All Other Compensation ($) 
    Total
 ($)
  
    Yu Yang 
    2024 
    8,344 
    – 
    – 
    – 
    – 
    – 
    8,344
  
    Chief Executive Officer, President and Treasurer 
    2023 
    – 
    – 
    – 
    – 
    – 
    – 
    –

    Caixia Zhang  
    2024 
    – 
    – 
    – 
    – 
    – 
    – 
    –
  
    Chief Financial Officer 
    2023 
    – 
    – 
    – 
    – 
    – 
    – 
    –

The Company
has no employment agreement with any of its officers and directors.

 36 

Outstanding Equity Awards at Fiscal Year End

There are
no outstanding equity awards as of December 31, 2024.

Compensation of Directors

For