$QSJC

TANCHENG GROUP CO., LTD.

CIK:0001753391|SEC Filings

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
REVENUE	$ 0	$ 19,097	$ 0	$ 163,830
COST OF REVENUE	0	(15,660)	0	(120,881)
GROSS PROFIT	0	3,437	0	42,949
Selling and marketing expenses	(4,739)	(6,836)	(10,920)	(13,479)
General and administrative expenses	(86,168)	(81,760)	(238,101)	(236,866)
Total operating expenses	(90,907)	(88,596)	(249,021)	(250,345)
LOSS FROM OPERATIONS	(90,907)	(85,159)	(249,021)	(207,396)
OTHER (EXPENSE)/INCOME	(171)	2	(171)	32
LOSS BEFORE INCOME TAXES	(91,078)	(85,157)	(249,192)	(207,364)
INCOME TAXES	0	0	0	0
NET LOSS	(91,078)	(85,157)	(249,192)	(207,364)
Foreign currency translation differences	(23,570)	(14,911)	(41,669)	(20,410)
TOTAL COMPREHENSIVE LOSS	$ (114,648)	$ (100,068)	$ (290,861)	$ (227,774)
Loss per share:
Basic	$ (0.020)	$ (0.019)	$ (0.060)	$ (0.047)
Diluted	$ (0.020)	$ (0.019)	$ (0.060)	$ (0.047)
Weighted average number of shares used in computation:
Basic	4,381,550	4,381,550	4,381,550	4,381,550
Diluted	4,381,550	4,381,550	4,381,550	4,381,550

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net loss	$ (249,192)	$ (207,364)
Adjustment to reconcile net loss to net cash from operating activities:
Depreciation of property and equipment	14,015	13,260
Changes in operating assets and liabilities:
Other receivables	0	156
Inventories, net	138	(32,178)
Advance to suppliers	(24,880)	5,457
Other current assets	(5,405)	0
Accounts payable	0	(61,663)
Other payables and accruals	(1,235)	(704)
Advance from customers	0	6,343
Cash used in operating activities	(266,559)	(276,693)
Cash flows from financing activities:
Amounts due to related parties	643,432	192,617
Amount due from a related party	(153,023)	0
Cash provided by financing activities	490,409	192,617
Effect of exchange rate changes on cash and cash equivalents	3,055	867
Net increase/(decrease) in cash and cash equivalents	226,905	(83,209)
Cash and cash equivalents at the beginning of the period	17,238	100,653
Cash and cash equivalents at the end of the period	244,143	17,444
Supplemental disclosures of non-cash activities:
Offsetting of amounts due from related parties with amount due to related parties	$ 115,074	$ 0

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 244,143	$ 17,238
Inventory, net	1,430,257	1,387,852
Advance to suppliers	69,659	43,174
Amounts due from a related party	154,751	0
Other current assets	5,466	0
Total current assets	1,904,276	1,448,264
Non-current assets:
Property and equipment	59,429	71,413
Total non-current assets	59,429	71,413
Total assets	1,963,705	1,519,677
Current liabilities:
Other payables and accruals	10,936	11,822
Advance from customers	2,948	2,860
Amounts due to related parties	4,118,222	3,382,535
Total current liabilities	4,132,106	3,397,217
Total liabilities	4,132,106	3,397,217
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 June 30, 2026 and December 31, 2025)	4,382	4,382
Additional paid in capital	162,864	162,864
Accumulated other comprehensive (loss) income	(13,882)	27,787
Accumulated deficit	(2,321,765)	(2,072,573)
Total deficit	(2,168,401)	(1,877,540)
Total liabilities and deficit	$ 1,963,705	$ 1,519,677