Company: QSJC
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001683168-25-001892
Chunk: 162

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1B
Chunk 162
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Transfer Agent

Our transfer agent for
our common stock is Securities Transfer Corporation, 2901 N Dallas Parkway, Suite 380, Plano, Texas 75093. Tel: (469) 633-0101 Fax: (469)
633-0088.

Holders of Our Common Stock 

As of March 26, 2025, there were approximately
10 holders of record of our common stock, which does not include the number of stockholders holding shares of our common stock in “street
name.”

Dividend Policy

We have
not declared any dividends since incorporation and do not anticipate that we will do so in the foreseeable future. Our directors will
determine if and when dividends should be declared and paid in the future based on our financial position at the relevant time. All shares
of our common stock are entitled to an equal share of any dividends declared and paid.

Recent Sales of Unregistered Securities;
Use of Proceeds from Registered Securities

None.

Purchases of Equity Securities 

None.

ITEM 6. [RESERVED]

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. 

The following management’s discussion
should be read in conjunction with our financial statements and the notes thereto and the other financial information appearing elsewhere
in this report. In addition to historical information, the following discussion contains certain forward-looking information. See “Special
Note Regarding Forward Looking Statements” above for certain information concerning those forward-looking statements. Our financial
statements are prepared in U.S. dollars and in accordance with U.S. GAAP. 

Overview

Tancheng Group Co., Ltd. (formerly Bigeon), or
Tancheng Group, was incorporated under the laws of Nevada on June 19, 2018. It remained a shell company until the completion of acquiring
Qiansui International Group Limited, a Cayman Islands exempted company (“Qiansui International”), and Qiansui International’s
subsidiaries on March 20, 2023, pursuant to a contribution agreement (the “Contribution Agreement”) entered into by and among
Tancheng Group, and holders of 100% of the outstanding ordinary shares of Qiansui International who also held 79.9% of Tancheng Group’s
outstanding common stock then (the “Contributors”). In accordance with the Contribution Agreement, the Contributors contributed
all of their interests in Qiansui International to Tancheng Group (the “Contribution”