Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 63

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 4
Chunk 63
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 This product is
used in automobiles, campers, trailer campers, and luxury business vehicles.

Contract
Terms

The
material terms in our typical product sale agreements are set out below:

  Credit          Payment                                                    
  After-sale      3                                                          
  Warranty        3                                                          

Our
ODM and OEM Business

Leveraging
on our technical capabilities in industrial electronics and automotive electronics, we offer customers customized design and manufacturing
services. This approach maximizes the efficiency of R& D and production. By providing ODM services, we can gain insights into the
diverse product ideas and visions of different clients, thereby exploring potential technological advancements for the future growth
of our Company.

We
also provide private-label services to our customers. For our products that are already mature or have been designed and produced, we
offer them to our clients for adoption as their own products for packaging and sale under their own brand. Through this process, we can
diversify our product sales portfolio and gradually expand our R& D capabilities in line with market trends.

Additionally,
we supply circuit boards to customers, allowing them to develop their own external casings and transform these components into their
proprietary products. Some clients purchase our circuit boards to develop their own software and apply the products in various application
domains, such as motor control printed circuit board assembly, which can be used in automotives as seat control ECU, or curtain control
boxes in intelligent home equipment.

Contract
Terms

The
material terms in our typical ODM/OEM supply agreements are set out below:

  Scope         We                                                          
  Fees          Payment                                                     
  Warranty      18                                                          

Future
Camper Van Operations

In
line with the policy of the Chinese government on promoting rural tourism and the growing revitalization of rural industries, coupled
with MKD Taiwan’s expertise in electronic equipment for RVs, MKD sees an opportunity to capitalize on this growing trend. By extending
the supply chain of camper van components to managing camping sites, MKD believes that operating campgrounds and offering sales and management
services for camper vans presents a promising business model.

  36  

This
business model primarily involves collaboration with Mainland China local governments or authorized scenic area operators to establish
camping sites through land leasing or Build-Operate-Transfer (BOT) arrangements. The goal is to operate camping sites to facilitate the
sale or leasing of camping vehicles, as well as provide post-sales operational management services and related supplementary income