Company: MKDWW
Filing Date: 2025-02-21
Form Type: F-1/A
Source: 0001493152-25-007784
Chunk: 101

Company: MKDWELL Tech Inc.
Filing Date: 2025-02-21
Form: F-1/A
Chunk 101
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 costs in defending our rights. From time to time, third parties may initiate litigation against us alleging infringement of their proprietary rights or declaring their non-infringement of our intellectual property rights. See “ Risk Factors—MKD may be subject to claims of infringement of third-party intellectual property rights or demands that MKD license third-party technology, which could result in significant expense and reduction in the MKD’s intellectual property rights.”

EMPLOYEES

We had 88 full-time employees as of December 31, 2024. The following table sets forth the number of our full-time employees categorized by function as of December 31, 2024:

|                                  |     | As of December 31, 2024 |    |
|:---------------------------------|:----|:------------------------|---:|
| Function                         |     | Number of employees     |    |
| Management                       |     |                         | 26 |
| Marketing department             |     |                         |  7 |
| Technical Engineering department |     |                         | 12 |
| Quality Assurance department     |     |                         |  6 |
| Manufacturing department         |     |                         | 27 |
| R&D department                   |     |                         | 10 |
| Total                            |     |                         | 88 |

| 64 |

PROPERTIES

Our corporate headquarters is located at 1 stFloor, No. 6-2, Duxing Road, East District, Hsinchu Science Park, Hsinchu City, Taiwan. We also have a separate manufacturing facility at No. 3561 Linggongtang Road, Daqiao Town, Nanhu District, Jiaxing City, Zhejiang Province, PRC. We believe our properties are sufficient for our current needs and that, should it be needed, suitable additional space will be available on commercially reasonable terms to accommodate any such expansion of our operations.

LICENSES, PERMITS AND APPROVALS

As of the date hereof, MKD has obtained all requisite licenses, permits and approvals from relevant authorities that are material to its operations.

INSURANCE AND SOCIAL SECURITY MATTERS

In the PRC, MKD participate in various employee social security plans that are organized by governments for their full-time employees, including pension, unemployment insurance, maternity insurance, work-related injury insurance, medical insurance, and housing fund. MKD are required under the PRC law to make contributions from time to time to employee benefit plans for their full-time employees at specified percentages of the