Company: MKDWW
Filing Date: 2025-04-15
Form Type: 424B3
Source: 0001641172-25-004780
Chunk: 192

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-15
Form: 424B3
Chunk 192
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ABLE UNDER NON-CANCELABLE OPERATING AND FINANCING LEASES

| For the fiscal years ended December 31,            |     | Amount |        |   |
|:---------------------------------------------------|:----|:-------|-------:|:--|
| 2025                                               |     | $      | 61,147 |   |
| Total lease payments                               |     |        | 61,147 |   |
| Less: imputed interest                             |     |        | (1,467 | ) |
| Total operating lease liabilities, net of interest |     | $      | 59,680 |   |

| F-24 |

<div align='center'>MKDWELL TECH INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In U.S. dollars, except share and per share data)</div>

11. BORROWINGS

As of December 31, 2023 and 2024, the bank borrowings were for working capital and capital expenditure purposes.

SCHEDULE OF BANK BORROWINGS

| Current portion:                           
 Short-term bank borrowings                 |     | 2023               
 As of December 31, 
 2023               |           |     | 2024 
 2024 |           |
|:-------------------------------------------|:----|:-------------------|----------:|:----|:-----|----------:|
| Bank of Jiaxing (1)                        |     | $                  | 2,726,197 |     | $    | 2,648,199 |
| Short-term bank borrowings                 |     | $                  | 2,726,197 |     | $    | 2,648,199 |
| Long-term bank borrowings, current portion |     |                    |           |     |      |           |
| Bank of Jiaxing (1)                        |     |                    |   596,335 |     |      |   123,299 |
| Long-term bank borrowings, current portion |     |                    |   596,335 |     |      |   123,299 |
| Subtotal                                   |     | $                  | 3,322,532 |     | $    | 2,771,498 |
| Non-current portion:                       |     |                    |           |     |      |           |
| Long-term bank borrowings                  |     |                    |           |     |      |           |
| Bank of Jiaxing (1)                        |