Company: MKDWW
Filing Date: 2025-01-23
Form Type: F-1
Source: 0001493152-25-003296
Chunk: 208

Company: MKDWELL Tech Inc.
Filing Date: 2025-01-23
Form: F-1
Chunk 208
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 the        
 loan to December 31, 2025.                                                                                                              |

| F-35 |

MKDWELL TECH INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

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

7. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net, consisted of the following:

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT

|                                    |     | As of December 31, 
 2022               |      2022 |   |     | 2023 |       2023 |   |
|:-----------------------------------|:----|:-------------------|----------:|:--|:----|:-----|-----------:|:--|
| Building                           |     | $                  | 2,364,721 |   |     | $    |  2,631,286 |   |
| Machinery and equipment            |     |                    | 1,575,147 |   |     |      |  2,140,575 |   |
| Vehicle                            |     |                    |    72,298 |   |     |      |     64,791 |   |
| Office equipment                   |     |                    |    63,781 |   |     |      |     74,411 |   |
| Property,                          
 plant and equipment, gross         |     |                    |    63,781 |   |     |      |     74,411 |   |
| Less: accumulated depreciation     |     |                    |  (864,739 | ) |     |      | (1,179,660 | ) |
| Property, plant and equipment, net |     | $                  | 3,211,208 |   |     | $    |  3,731,403 |   |

For the years ended December 31, 2022 and 2023, depreciation expenses amounted to US$ 299,611and US$ 348,485, respectively. The disposal gain was US$ 4,991and nilfor the years ended December 31, 2022 and 2023, respectively.

8. INTANGIBLE ASSETS, NET

Intangible assets, net, consisted of the following:

SCHEDULE OF FINITE LIVED INTANGIBLE ASSETS

|                                |     | As of December 31, 
 2022               |     2022 |   |     | 2023 |