Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 678

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 10
Chunk 678
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 as to which the individual has sole or shared voting power or investment power, and also any shares
    which the individual has the right to acquire within 60 days of the Reference Date, through the exercise or conversion of any stock
    option, convertible security, warrant or other right (a “Presently Exercisable” security). Including those shares in
    the table does not, however, constitute an admission that the named stockholder is a direct or indirect beneficial owner of those
    shares. 

    (2)
    Unless otherwise indicated, each person or entity named in the table
    has sole voting power and investment power (or shares that power with that person’s spouse) with respect to all shares of common
    stock listed as owned by that person or entity.

    (3) 
    A total of 4,381,550 shares of common stock are considered
    to be outstanding on the Reference Date. For each beneficial owner above, any Presently Exercisable securities of such beneficial
    owner have been included in the denominator, pursuant to Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, as amended,
    or the Exchange Act. 

    (4)
    Mr. Yu Yang is the sole director of Zhan Jue Cheng Limited, a British
    Virgin Islands company, and is deemed to have the sole voting and investment power with respect to the shares held by Zhan Jue Cheng
    Limited. Mr. Yang disclaims beneficial ownership of such shares except to the extent of his pecuniary interest in such shares. 

    (5)
    Ms. Caixia Zhang is the sole director of Zhang Caixia Limited, a British
    Virgin Islands company, and is deemed to have the sole voting and investment power over the shares held by Zhang Caixia Limited.
    Ms. Zhang is Mr. Yang’s mother. Ms. Zhang disclaims beneficial ownership of such shares except to the extent of her pecuniary
    interest in such shares. 

 37 

Changes in Control 

There are no arrangements known to us, including
any pledge by any person of our securities, the operation of which may at a subsequent date result in a change in control of the Company. 

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED
TRANSACTIONS, AND DIRECTOR INDEPENDENCE. 

Transactions with Related Persons

The table below sets forth the related parties
and their relationships with the Company