Company: QSJC
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008383
Chunk: 0

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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TANCHENG GROUP CO., LTD.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In U.S. Dollars, except share data or otherwise
stated)

AS OF SEPTEMBER 30, 2025 (UNAUDITED) AND DECEMBER
31, 2024 (AUDITED)

    September 30, 2025  
    December 31, 2024 
  
    ASSETS 

    Current assets: 

    Cash and cash equivalents 
    $24,678  
    $100,653 
  
    Other receivables 
     1,404  
     253 
  
    Inventories 
     1,362,986  
     1,303,273 
  
    Advance to suppliers 
     54,422  
     74,958 
  
    Total current assets 
     1,443,490  
     1,479,137 

    Non-current assets: 

    Motor vehicle 
     76,887  
     94,766 
  
    Total non-current assets 
     76,887  
     94,766 
  
    Total assets 
    $1,520,377  
    $1,573,903 

    LIABILITIES AND DEFICIT 

    Current liabilities: 

    Accounts payable 
    $–  
    $61,265 
  
    Other payables and accruals 
     11,845  
     12,180 
  
    Advance from customers 
     2,809  
     51,237 
  
    Amounts due to related parties 
     3,268,435  
     2,905,364 
  
    Total current liabilities 
     3,283,089  
     3,030,046 
  
    Total liabilities 
     3,283,089  
     3,030,046 

    COMMITMENTS AND CONTINGENCIES 
     –  
     – 

    DEFICIT 

    Share capital (75,000,000 shares of Common Stock, par value $0.001 per share, authorized, of which 4,381,550 shares are issued and outstanding as of September 30, 2025 and December 31, 2024) 
     4,382  
     4,382 
  
    Additional paid in capital