---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-001715"
form_type: "8-K"
ticker: "QSJC"
cik: "0001753391"
company_name: "TANCHENG GROUP CO., LTD."
filed_at: "2023-03-24T23:59:59+00:00"
generated_at: "2026-06-17T16:53:27.135423+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tancheng Group completes acquisition of Qiansui International, ceases to be shell company

## Summary
- On March 20, 2023, Tancheng Group acquired Qiansui International via contribution, making it a wholly-owned subsidiary.
- Tancheng ceased to be a shell company; common stock trades on OTC under QSJC.
- Qiansui Media sells 'Jue Cheng' ornament products online; plans cultural tourism projects including a health resort town.
- Key risks: 77% of purchase costs from one supplier; no housing fund contributions for employees; lease may be invalid.

## SEC filing metadata
- accession: 0001683168-23-001715
- form_type: 8-K
- ticker: QSJC
- cik: 0001753391
- company_name: TANCHENG GROUP CO., LTD.
- filed_at: 2023-03-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 5.05, 5.06, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1753391/000168316823001715/0001683168-23-001715-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1753391/000168316823001715/tancheng_i8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-001715
- JSON: https://secwatch.observer/filing/0001683168-23-001715.json
- Plain text: https://secwatch.observer/filing/0001683168-23-001715.txt

## Key facts
- Governance Changes
  TANCHENG GROUP CO., LTD.: Adopted a code of ethics that applies to all directors, officers and employees (effective 2023-03-14).
  - Change: code of ethics
  - Effective: 2023-03-14
  source text: On March 14, 2023, we adopted a code of ethics that applies to all directors, officers and employees, including our principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1753391/000168316823001715/0001683168-23-001715-index.htm
- M&A Transactions
  TANCHENG GROUP CO., LTD. completed an acquisition involving Zhan Jue Cheng Limited and Zhang Caixia Limited (closed 2023-03-20).
  - Action: acquisition
  - Counterparty: Zhan Jue Cheng Limited and Zhang Caixia Limited
  - Closing: 2023-03-20
  source text: On March 20, 2023, the Contribution was completed.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1753391/000168316823001715/0001683168-23-001715-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.