Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 3

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 3
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 natural environment surrounding the reserve makes it an attractive destination for tourists seeking to escape the hustle and bustle of city life. The Company aims to capitalize on this advantage by developing sustainable tourism initiatives that showcase the natural beauty of the region and promote eco-friendly practices.

    ·
    Rich cultural heritage and tourism resources. The region surrounding the Company’s location is steeped in rich historical and cultural heritage, offering a wealth of tourism resources that the Company could leverage to develop cultural products, organize cultural events and create tourism packages that highlight the unique traditions and customs of the area.

    ·
    Innovative and entrepreneurial management. The Company’s management team is highly innovative and entrepreneurial, constantly seeking new opportunities and ways to grow the business. This is essential for the Company to maintain its competitive edge. The Company’s management strives to stay at the forefront of the health and tourism sectors by prioritizing customer-centricity and investing in and creating new products and services that meet customers’ evolving needs.

 4 

Customers

During the fiscal year ended December 31, 2024, one customer,
All Weather (Hainan) Network Sports Co., Ltd., an entity controlled by our Chief Executive Officer, Yu Yang, accounted for approximately
66.5% of our total revenue. The remaining approximately 33.5% of our revenue was derived from individual customers. 

Once the Company’s tourism projects are
in place, it plans to welcome a diverse range of visitors from all walks of life, including school students, adventurous adults, health-conscious
seniors, families, couples and businesspeople. The Company's focus on cultural heritage and natural beauty will make it an attractive
destination for those seeking an educational and enriching experience, as well as those who simply want to relax and unwind. In addition,
the Company’s location near Taiyuan City, a major transportation hub, will make it an ideal stopover for travelers passing through
the area.

Suppliers 

Qiansui Media relied heavily on its largest suppliers,
which are jewelry design and manufacturing firms, for the majority of its purchase costs in the fiscal years ended December 31, 2024 and
2023. Specifically, in 2024, approximately 100% of Qiansui Media’s total purchase costs were attributed to one supplier, while in
2023, approximately 99.57% of Qiansui Media’s total purchase costs were attributed to one supplier.

Sales and Marketing 

The Company plans to engage in the following marketing
tactics and strategies to increase its brand awareness