Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 637

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 9A
Chunk 637
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 our directors and to be a member of an Audit Committee outweighs the benefits of having an audit committee
financial expert at this time.

Nomination Process

There have been no material
changes to the procedures by which our shareholders may recommend nominees to our Board. 

Code of Ethics and Business Conduct

We
have adopted a Code of Ethics and Business Conduct relating to the conduct of our business by our employees, officers and directors. We
intend to maintain the highest standards of ethical business practices and compliance with all laws and regulations applicable to our
business, including those relating to doing business outside the United States. A copy of the Code of Ethics and Business Conduct has
been filed as an Exhibit to a current report on Form 8-K filed with the SEC on March 24, 2023 and is hereby incorporated by reference
into this annual report. During the fiscal year ended December 31, 2024, there were no amendments to or waivers of our Code of Ethics
and Business Conduct. If we effect an amendment to, or waiver from, a provision of our Code of Ethics and Business Conduct, we intend
to satisfy our disclosure requirements by posting a description of such amendment or waiver a current report on Form 8-K.

Insider Trading Policy

Effective March 12, 2025, we adopted a new insider trading policy that
applies to all our executive officers, directors and key employees. The insider trading policy codifies the legal
and ethical principles that govern trading in 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