Company: QSJC
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008383
Chunk: 21

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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 future cash flows, financing plans,
plans and objectives of management and any other statements which are not statements of historical facts.

Forward-looking statements are neither historical
facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding
the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions.
Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances
that are difficult to predict and many of which are outside of our control. Our actual future results and financial condition may differ
materially from those indicated in the forward-looking statements. Therefore, you should not put undue reliance on any of these forward-looking
statements. The forward-looking statements made in this report speak only as of the date hereof and we disclaim any obligation, except
as required by law, to provide updates, revisions or amendments to any forward-looking statements to reflect changes in our expectations
or future events.

Unless otherwise indicated by the context, references
to the “Company, “we,” “us,” “our” in this report are to Tancheng Group Co., Ltd., a Nevada
corporation, and its consolidated subsidiaries.

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”).

Qiansui International was incorporated in the Cayman
Islands on June 7, 2022. Qiansui (Hong Kong) Holdings Limited (“Qiansui HK”) was incorporated on July 21, 2022 in the Hong
Kong SAR. Qiansui HK wholly owns Shanxi Qiansui Tancheng Culture Consulting Co