Company: MKDWW
Filing Date: 2025-02-21
Form Type: F-1/A
Source: 0001493152-25-007784
Chunk: 216

Company: MKDWELL Tech Inc.
Filing Date: 2025-02-21
Form: F-1/A
Chunk 216
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 repayable in installments from February 2022 to November 2025 with an annual interest rate of 10%. The interest      
 expenses were US$52,524 and US$23,562 for the years ended December 31, 2022 and 2023, respectively.                                     |
| (2) | In                                                                                                                                      
 June 2022, the Company obtained a vehicle mortgage loan from a third party at an annual interest rate of 7.5%, with the payables        
 are repayable in installments from June 2022 to June 2024. The assets value of pledged vehicle is US$ 22,318, and the interest expenses 
 were US$1,006 and US$702 for the year ended December 31, 2022 and 2023.                                                                 |

13. OTHER NON-CURRENT LIABILITIES

Other non-current liabilities consisted of the following:

SCHEDULE OF OTHER NON-CURRENT LIABILITIES

|                                     |     | As of December 31, 
 2022               |    2022 |     | 2023 |    2023 |
|:------------------------------------|:----|:-------------------|--------:|:----|:-----|--------:|
| Long-term payments of leaseback (1) |     | $                  |  57,096 |     | $    | 195,219 |
| Deposit                             |     |                    | 102,355 |     |      |  78,631 |
| Long-term payable (2)               |     |                    |   6,404 |     |      |       - |
| Total                               |     | $                  | 165,855 |     | $    | 273,850 |

| (1) | Long-term                                                                                                                    
 payments of leaseback represented certain sale-and-lease back arrangements for the purpose of obtaining financing (Note 12). |
| (2) | Long-term                                                                                                                    
 payable represented payable for vehicle mortgage loan (Note 12).                                                             |

As of December 31, 2023, the payments of leaseback and vehicle mortgage loan will be due according to the following schedule:

SCHEDULE OF PAYMENTS OF LEASEBACK

| For the fiscal years ended December 31,               |     | Amount |         |
|:------------------------------------------------------|:----|:-------|--------:|
| 2024                                                  |     | $      | 315,139 |
| 2025                                                  |     |        | 195