Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 163

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 163
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 Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ Guangdong Prouden CPAs GP

Guangdong Prouden CPAs GP

We have served as the Company’s auditor since 2024.

Guangzhou, ChinaApril 3, 2025

| F-2 |

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

CONDENSED CONSOLIDATED BALANCE SHEETS

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

| Assets                                                                                
 Current assets:                                                                       |     | 2023               
 As of December 31, 
 2023               |             |   |     | 2024 
 2024 |             |   |
|:--------------------------------------------------------------------------------------|:----|:-------------------|------------:|:--|:----|:-----|------------:|:--|
| Cash and cash equivalents                                                             |     | $                  |     924,428 |   |     | $    |     542,591 |   |
| Restricted cash                                                                       |     |                    |           - |   |     |      |      51,139 |   |
| Accounts and note receivable, net                                                     |     |                    |     562,058 |   |     |      |     640,778 |   |
| Amounts due from related parties                                                      |     |                    |      14,674 |   |     |      |     932