Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 244

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1C
Chunk 244
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 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 as of December 31, 2024 and 2023:

    Name of related parties
     
    Relationship with the Company
  
    Yu Yang (“Mr. Yang”)
     
    Controlling shareholder
  
    Jiaocheng Xinmu Trade Co., Ltd
     
    Controlled by Mr. Yang
  
    All Weather (Hainan) Network Sports Co., Ltd
     
    Controlled by Mr. Yang
  
    Taiyuan Tuohang Logistics Co., Ltd
     
    Controlled by Mr. Yang
  
    Shanxi Xiliu Catering Management Co., Ltd
     
    Controlled by Mr. Yang

The related party balances and transactions as of and for