Company: MKDWW
Filing Date: 2025-01-23
Form Type: F-1
Source: 0001493152-25-003296
Chunk: 119

Company: MKDWELL Tech Inc.
Filing Date: 2025-01-23
Form: F-1
Chunk 119
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, 2023 and 2024, respectively. We intend to fund our future capital expenditures with our existing cash balance and proceeds from this offering. We will continue to incur capital expenditures as needed to meet the expected growth of our business.

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MKD’sTabular Disclosure of Contractual Obligations

The following table sets forth our contractual obligations as of June 30, 2024. The amounts are gross and undiscounted and include contractual interest payments.

|                                     |     | Payment Due by Period 
 Total                 |           |     | Less than 1 year |           |     | 1-3 years |           |     | 3-5 years |         |
|:------------------------------------|:----|:----------------------|----------:|:----|:-----------------|----------:|:----|:----------|----------:|:----|:----------|--------:|
| Bank borrowing                      |     | $                     | 5,616,541 |     |                  | 3,587,719 |     |           | 1,444,848 |     |           | 583,974 |
| Payments of leaseback               |     |                       | 1,115,206 |     |                  |   636,733 |     |           |   478,473 |     |           |       - |
| Operating and financing commitments |     |                       |    92,681 |     |                  |    65,480 |     |           |    27,201 |     |           |       - |
| Related party loans                 |     |                       |   800,007 |     |                  |   800,007 |     |           |         - |     |           |       - |
| Total                               |     | $                     | 7,624,435 |     |                  | 5,089,939 |     |           | 1,950,522 |     |           | 583,974 |

Other than those shown above, we did not have any significant capital and other commitments, long-term obligations and guarantees as of June 30, 2024.

MKD’sOff-Balance Sheet Arrangements

We have not entered into any off-balance sheet financial guarantees or other off-balance sheet commitments to guarantee the payment obligations of any third parties. We have not entered into any derivative contracts that are indexed to our shares and classified as shareholder’s equity or that are not reflected in our consolidated financial statements. Furthermore