Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 5

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 5
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 special discounts and incentives, as well as distribute travel brochures and postcards to potential customers. For example, Qiansui Media attended the “12th Expo Central China” and its “Qiansui Jue Cheng Health, Culture and Tourism Comprehensive Resort Town Project” was showcased in this expo.

 5 

Partnerships

The Company is dedicated to making a positive
impact in the local community and has partnered with Taiyuan University of Science and Technology to establish the “Qiansui Scholarship”
program. This program provides financial support to qualified students, helping to promote education and create opportunities for success.

Research and Development

In addition to its existing products, the Company
continues to develop new products and offerings to fulfill the evolving customer needs. The Company’s research and development efforts
are an essential part of its operations and the core competitive strength. Based on the “Zhan Jue Cheng” theme, Qiansui Media
has developed a series of periphery products in recent years.

Intellectual Property

The Company relies on a combination of trade secrets,
know-how, trademarks and other contractual rights to establish and protect its proprietary rights in its intellectual property. As of
the date of this Annual Report, Qiansui Media has thirty-three (33) registered trademarks for “千岁觉城”
under different categories.

Competition

China’s tourism
industry is highly fragmented with a large number of industry players. Competitors in this sector compete on a variety of factors, including:

    ·
    price;

    ·
    quality and visitor experience;

    ·
    reputation;

    ·
    technology (companies that offer a seamless and convenient booking experience are often able to gain a competitive advantage over their rivals); and

    ·
    Sales and marketing effectiveness.

Employees 

As of December 31, 2024,
we had approximately 17 full-time employees. The following table illustrates the allocation of these employees among the various job functions
conducted at our company.

    Function: 

    Number  
    % of total 

    Management 
     1  
     6% 
  
    Human Resources 
     2  
     12% 
  
    Finance 
     4  
     24% 
  
    Administration 
     4  
     24% 
  
    Logistics 
     2  
     12% 
  
    Products 
     4  
     24% 

    Total