Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 206

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 206
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 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 |   |     | $    | 2,294,868 |   |
| Land use right                                  |     |                    |   346,081 |   |     |      |   293,199 |   |
| Less: accumulated depreciation and amortization |     |                    |  (278,784 | ) |     |      |  (349,490 | ) |
| Total real estate property for lease, net       |     | $                  | 2,684,064 |   |     | $    | 2,238,577 |   |

The decrease in the balance of real estate property for lease, net attribute to a decrease in leasehold area from 7,777square meters as of December 31, 2022 to 6,780square meters as of December 31, 2023 resulting from the expiration of two lease contracts in 2023.

Depreciation expense of the plant were US$ 116,985and US$ 107,721for the years ended December 31, 2022 and 2023, respectively. Amortization expense of land use right were US$ 6,753and US$ 5,878for the years ended December 31, 2022 and 2023, respectively