Company: QSJC
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001683168-25-006089
Chunk: 47

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 47
---
 SEGMENT INFORMATION 

The Company operates in Mainland China. Due to
the integrated structure of the Company’s business, the Company’s chief operating decision maker (“CODM”) is the
Chief Executive Officer. The Company determined it has one reportable segment, as the CODM regularly reviews operations and financial
performance on an aggregate basis at a consolidated level for the purposes of allocating resources and to make business decisions.

The following table provides information about
the Company’s segment:

    Schedule of segment information 

    For the three months ended  June 30, 

    2025  
    2024 
  
    Segment revenue 
    $19,097  
    $244 
  
    Less: 

    Cost of inventories 
     (13,824) 
     (262)
  
    Salaries and related costs 
     (37,910) 
     (37,631)
  
    Depreciation 
     (6,649) 
     (6,641)
  
    Legal and professional fees 
     (44,358) 
     (47,048)
  
    Other segment items 
     (1,515) 
     (1,828)
  
    Segment loss 
     (85,159) 
     (93,166)
  
    Reconciliation: 

    Other operating expenses 
     2  
     3 
  
    Net loss 
    $(85,157) 
    $(93,163)

     15 

    For the six months ended  June 30, 

    2025  
    2024 
  
    Segment revenue 
    $163,830  
    $157,135 
  
    Less: 

    Cost of inventories 
     (117,062) 
     (113,625)
  
    Salaries and related costs 
     (74,162) 
     (75,939)
  
    Depreciation 
     (13,260) 
     (13,344)
  
    Legal and professional fees 
     (164,481) 
     (152,746)
  
    Other segment items 
     (2,261) 
     (2,544)
  
    Segment loss 
     (207,396) 
     (201,063)
  
    Reconciliation: 

    Other operating expenses 
     32