Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 6

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 6
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17  
     100.0% 

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We believe that our relationship
with our employees is good. Our Chinese subsidiaries have trade unions which protect employees’ rights, aim to assist in the fulfillment
of our economic objectives, encourage employee participation in management decisions and assist in mediating disputes between us and union
members. We have not experienced any significant problems or disruption to our operations due to labor disputes, nor have we experienced
any difficulties in recruitment and retention of experienced staff. The remuneration payable to employees includes basic salaries and
allowances. We also provide training for our staff from time to time to enhance their technical knowledge.

As required by applicable
Chinese law, we have entered into employment contracts with all of our officers, managers and employees.

Under the Social Insurance
Law of the PRC, all employees are required to participate in basic pension insurance, basic medical insurance schemes and unemployment
insurance, which must be contributed by both the employers and the employees. All employees are required to participate in work-related
injury insurance and maternity insurance schemes, which must be contributed by the employers. Employers are required to complete registrations
with local social insurance authorities. Moreover, the employers must timely make all social insurance contributions. 14 of Qiansui Media’s
17 employees participate in the basic pension insurance, basic medical insurance, unemployment insurance, work-related injury insurance
and maternity insurance schemes.

Pursuant to PRC regulations
on the Housing Provident Fund, enterprises are required to register with the competent administrative centers of housing provident fund
and open bank accounts for housing provident funds for their employees. Employers are also required to timely pay all housing fund contributions
for their employees. Qiansui Media has not made any housing fund contributions for any of the 17 employees.

Available Information

The SEC maintains a website that contains our
reports and other SEC filings. The address of the SEC’s website is www.sec.gov.  

ITEM 1A. RISK FACTORS.

Risks
Related to Doing Business in China

Because all of the Company’s operations
are in China, the Company’s business is subject to the complex and rapidly evolving laws and regulations there. The Chinese government
may exercise significant oversight and discretion over the conduct of the Company’s business and may intervene in or influence the
Company’s operations at any time, which could result in a material change in the Company’s operations and/or the value of
the common stock.

As a business operating in China, the