Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 16

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 3
Chunk 16
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 SEC, the Company would
be identified as a Commission-Identified Issuer following the filing of the annual report on Form 20-F for the relevant fiscal year.
In accordance with the HFCAA, the Company’s securities would be prohibited from being traded on a national securities exchange
or in the over-the-counter trading market in the United States if the Company is identified as a Commission-Identified Issuer for two
consecutive years in the future. If the Company’s shares are prohibited from trading in the United States, there is no certainty
that the Company will be able to list on a non-U. S. exchange or that a market for the Company’s shares will develop outside of
the United States. A prohibition of being able to trade in the United States would substantially impair your ability to sell or purchase
the Company’s securities when you wish to do so, and the risk and uncertainty associated with delisting would have a negative impact
on the price of the Company’s securities. Also, such a prohibition would significantly affect the Company’s ability to raise
capital on terms acceptable to us, or at all, which would have a material adverse impact on the Company’s business, financial condition,
and prospects.

MKD
may be required to obtain additional licenses in relation to MKD’s ongoing business operations and may be subject to penalties
for failing to obtain certain licenses with respect to MKD’s past operations.

MKD
conducts its business in China through sales and MKD’s manufacturing facility, which requires MKD to obtain, and maintain, a business
license. As advised by the Company’s PRC counsel, MKD has obtained all requisite licenses, permits and approvals from relevant
authorities in the PRC that are material to its operations.

  10  

Considering
the evolvement of PRC laws, regulations, and rules, MKD may be subject to additional licensing requirements, and MKD’s conclusion
on the status of its licensing compliance may prove to be mistaken. If (i) MKD does not receive or maintain any permission or approval
required, (ii) MKD inadvertently concluded that certain permissions or approvals have been acquired or are not required, or (iii) applicable
laws, regulations, or interpretations thereof change and MKD becomes subject to the requirement of additional permissions or approvals
in the future, MKD may have to expend significant time and costs to procure them. If MKD is unable to do so, on commercially reasonable
terms, in a timely manner or otherwise,