Company: MKDWW
Filing Date: 2025-06-10
Form Type: CORRESP
Source: 0001641172-25-014500
Chunk: 1

Company: MKDWELL Tech Inc.
Filing Date: 2025-06-10
Form: CORRESP
Chunk 1
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 in the following manner: (1) funds may be transferred to the Company’s subsidiaries from the Company or intermediate holding companies in the Group as needed in the form of capital contribution or shareholder loans; (2) dividends or other distributions may be paid by the Company’s subsidiaries to the Company or any intermediate holding company; and (3) the Company’s subsidiaries may lend to and borrow from each other from time to time for business operation purposes. The Company and its subsidiaries are permitted under PRC laws and regulations to provide funding to the Company’s PRC subsidiaries in the form of loans or capital contributions, provided that the applicable governmental registration and approval requirements are satisfied. Cash proceeds raised from financings conducted outside of China, may be transferred to the Company’s PRC subsidiaries via capital contribution or shareholder loans.

For the past three fiscal years ended December 31, 2024 and up to March 31, 2025, no dividends or distributions were made to U.S. investors.

For the year ended December 31, 2022, within the MKD group (based on the currency conversion rates of 1 USD to 6.73 CNY; 1 USD to 29.80 NTD):

| ● | MKD                                                                             
 Jiaxing made payments for goods of a total sum of $133,749 to MKD Taiwan.       |
| ● | MKD                                                                             
 Taiwan made payments for goods of a total sum of $21,209 to MKD Jiaxing.        |
| ● | MKD                                                                             
 Shanghai provided working capital loans of $193,193 to MKD Jiaxing.             |
| ● | MKD                                                                             
 Jiaxing repaid a working capital loan in the amount of $44,583 to MKD Shanghai. |

For the year ended December 31, 2023, within the MKD group (based on the currency conversion rates of 1 USD to 7.08 CNY; 1 USD to 31.1525 NTD):

| ● | MKD                                                                                                    
 Jiaxing made payments for goods of a total sum of $464,952 to MKD Taiwan and $840,183 to MKD Shanghai. |
| ● | MKD                                                                                                    
 Shanghai made payments for goods of a total sum of $319,273 to MKD Jiaxing.                            |
| ● | MKD                                                                                                    
 Taiwan provided working capital loans of $20,843 to MKD BVI.                                           |
| ● | MKD                                                                                                    
 BVI provided working