Company: MKDWW
Filing Date: 2025-01-23
Form Type: F-1
Source: 0001493152-25-003296
Chunk: 209

Company: MKDWELL Tech Inc.
Filing Date: 2025-01-23
Form: F-1
Chunk 209
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     2023 |   |
|:-------------------------------|:----|:-------------------|---------:|:--|:----|:-----|---------:|:--|
| Land used right                |     | $                  |  300,660 |   |     | $    |  335,263 |   |
| Software                       |     |                    |  135,812 |   |     |      |  136,300 |   |
| Intangible asset, gross        |     |                    |  135,812 |   |     |      |  136,300 |   |
| Less: accumulated amortization |     |                    | (154,810 | ) |     |      | (171,766 | ) |
| Intangible asset, net          |     | $                  |  281,662 |   |     | $    |  299,797 |   |

For the years ended December 31, 2022 and 2023, amortization expenses amounted to US$ 20,915and US$ 17,270, respectively. Future estimated amortization expenses of intangible assets are as follows:

SCHEDULE OF ESTIMATED AMORTIZATION EXPENSE

| For the fiscal years ended December 31, |     | Amount |         |
|:----------------------------------------|:----|:-------|--------:|
| 2024                                    |     | $      |   8,363 |
| 2025                                    |     |        |   6,706 |
| 2026                                    |     |        |   6,706 |
| 2027                                    |     |        |   6,699 |
| 2028                                    |     |        |   6,689 |
| Thereafter                              |     |        | 264,634 |
| Total                                   |     | $      | 299,797 |

9. REAL ESTATE PROPERTIES FOR LEASE, NET

Real estate properties for lease, net consisted of the followings:

REAL ESTATE PROPERTY FOR LEASE

|                                                 |     | As of December 31, 
 2022               |      2022 |   |     | 2023 |      2023 |   |
|:------------------------------------------------|:----|:-------------------|----------:|:--|:----|:-----|----------:|:--|
| Plant                                           |     | $                  | 2,616,767 |   |