Company: MKDWW
Filing Date: 2025-01-23
Form Type: F-1
Source: 0001493152-25-003296
Chunk: 175

Company: MKDWELL Tech Inc.
Filing Date: 2025-01-23
Form: F-1
Chunk 175
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 and US$4,026,313                                            
 as of December 31, 2023 and June 30, 2024, respectively.                                                                             
 The                                                                                                                                  
 interest expenses were US$104,287 and US$137,496 for the six months ended June 30, 2023 and 2024, respectively. The weighted average 
 interest rates of bank borrowings outstanding were 4.6% and 4.3% per annum as of December 31, 2023 and June 30, 2024, respectively.  
 The maturity dates of the bank borrowings were from December 2023 to December 2027.                                                  |

As of June 30, 2024 the Company’s long-term bank borrowings will be due according to the following schedule:

SCHEDULE OF LONG TERM BORROWINGS

| For the fiscal            
 years ended December 31,  |     | Amount      
 (Unaudited) |           |
|:--------------------------|:----|:------------|----------:|
| Remainder of 2024         |     | $           |   581,058 |
| 2025                      |     |             |   688,023 |
| 2026                      |     |             |   894,430 |
| 2027                      |     |             |           |
| 2027 and thereafter       |     |             |   790,381 |
| 2028 and thereafter       |     |             |           |
| Total                     
 long-term bank borrowings |     | $           | 2,953,892 |

| F-12 |

MKDWELL TECH INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

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

11. ACCRUED EXPENSES AND OTHER LIABILITIES

Accrued expenses and other liabilities consisted of the following:

SCHEDULE OF ACCRUED EXPENSES AND OTHER LIABILITIES

|                                    |     | December 
 31, 2023 |           |     | June       
 30, 2024   |           |
|:-----------------------------------|:----|:---------|----------:|:----|:-----------|----------:|
|                                    |     | As       
 of       |           |     |            |           |
|                                    |     | December 
 31, 2023 |           |     | June       
 30, 2024   |           |