Company: MKDWW
Filing Date: 2025-02-21
Form Type: F-1/A
Source: 0001493152-25-007784
Chunk: 181

Company: MKDWELL Tech Inc.
Filing Date: 2025-02-21
Form: F-1/A
Chunk 181
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:-----------|-----:|:--|
|                                      |     |    |          |   |     | -Unaudited |      |   |
| Percentage of the Company’s accounts 
 receivable                           |     |    |          |   |     |            |      |   |
| Customer E                           |     |    |     15.9 | % |     |            | 12.4 | % |
| Customer F                           |     |    |     15.1 | % |     |            | 15.7 | % |
| Customer H                           |     |    |        * |   |     |            | 12.6 | % |
| Customer K                           |     |    |        * |   |     |            | 16.9 | % |

The following table sets forth a summary of single suppliers who represent 10% or more of the Company’s total purchases:

|                                            |     |                           For 
 the six months ended June 30, |      |   |     |            |      |   |
|                                            |     |                          2023 |      |   |     |       2024 |      |   |
|                                            |     |                               |      |   |     | -Unaudited |      |   |
| Percentage of the Company’s total purchase |     |                               |      |   |     |            |      |   |
| Supplier F                                 |     |                               | 32.6 | % |     |            |    * |   |
| Supplier G                                 |     |                               |    * |   |     |            | 11.0 | % |
| Supplier H                                 |     |                               |    * |   |     |            | 10.7 | % |

There are no suppliers who represent 10% or more of the Company’s total accounts payable.

| F-16 |

MKDWELL TECH INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

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

17. SUBSEQUENT EVENTS

The Business Combination

In connection with the closing of the business combination with Cetus Capital on July 31, 2024 (“the Closing Date”). MKDWELL Tech Inc. issued 13,855,239ordinary shares to the shareholders of MKD BVI as consideration shares for the acquisition of MKD BVI, 30,083ordinary shares to the non-redeeming stock