Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 40

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 40
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, Jincheng International, Jiujinci Road, Wanbailin
District, Taiyuan City, Shanxi Province, P.R. China 030024. The Company believes its above facilities are adequate and suitable for its
current needs and that, should it be needed, suitable additional or alternative space will be available to accommodate any such expansion
of its operations.

ITEM 3. LEGAL PROCEEDINGS. 

The Company may from time to time become involved
in legal proceedings or be subject to claims arising in the ordinary course of its business. Litigation or any other legal or administrative
proceeding, regardless of the outcome, is likely to result in substantial costs and diversion of its resources, including its management’s
time and attention. As of the date of this Annual Report, the Company is currently not aware of any such legal proceedings or claims that
in the opinion of its management will have a material adverse effect on its business, financial condition or operating results.  

ITEM 4. MINE SAFETY DISCLOSURES.

Not applicable. 

 25 

PART II 

ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

Our common
stock is quoted on the Financial Industry Regulatory Authority’s OTC Bulletin Board under the symbol “QSJC.”

Transfer Agent

Our transfer agent for
our common stock is Securities Transfer Corporation, 2901 N Dallas Parkway, Suite 380, Plano, Texas 75093. Tel: (469) 633-0101 Fax: (469)
633-0088.

Holders of Our Common Stock 

As of March 26, 2025, there were approximately
10 holders of record of our common stock, which does not include the number of stockholders holding shares of our common stock in “street
name.”

Dividend Policy

We have
not declared any dividends since incorporation and do not anticipate that we will do so in the foreseeable future. Our directors will
determine if and when dividends should be declared and paid in the future based on our financial position at the relevant time. All shares
of our common stock are entitled to an equal share of any dividends declared and paid.

Recent Sales of Unregistered Securities;
Use of Proceeds from Registered Securities

None.

Purchases of Equity Securities 

None.

ITEM 6. [RESERVED]

ITEM 7. MANAGEMENT’S DISCUSSION AND