Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 189

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 189
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 suppliers |     |                    |  20,682 |     |      |   4,856 |
| Advance to employee  |     |                    |     109 |     |      |       - |
| Deposit              |     |                    |  34,291 |     |      |       - |
| Others               |     |                    |       - |     |      |     209 |
| Total                |     | $                  | 875,119 |     | $    | 662,877 |

| (1) | The                                                                                                                                  
 balance as of December 31, 2023 mainly represented the US$575,000                                                                    
 loan                                                                                                                                 
 that MKD BVI lent to Cetus Sponsor LLC with an annual interest of 6.5%                                                               
 and accrued interest. Cetus Sponsor LLC is sponsor of Cetus Capital and became a related                                             
 party of the Company after the Closing Date upon the closing of the Business Combination.                                            
 Therefore, the balance of loans to Cetus Sponsor LLC was included in amounts due from related                                        
 parties as of December 31, 2024.                                                                                                     
 The balance as of December 31, 2024 mainly                                                                                           
 represented the interest-free loan that MKD lent to a shareholder who held less than 5% of the Company’s ordinary shares on December 
 10, 2024. On February 18, 2025, the Company had collected total amounts from the shareholder.                                        |

| F-21 |

MKDWELL TECH INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In U.S. dollars, except share and per share data)

7. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net, consisted of the following:

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT

|                                      |     | As of December 31, 
 2023               |       2023 |   |     | 2024 |       2024 |   |
|:-------------------------------------|:----|:-------------------|-----------:|:--|:----|:-----|-----------:|:--|
| Building                             |     | $                  |  2,631,286 |   |     | $    |  4,717,355 |   |
| Machinery and equipment              |     |                    |  2,140,575 |   |     |      |  2,576,389 |   |
| Vehicle                              |