Company: MKDWW
Filing Date: 2025-02-21
Form Type: F-1/A
Source: 0001493152-25-007784
Chunk: 175

Company: MKDWELL Tech Inc.
Filing Date: 2025-02-21
Form: F-1/A
Chunk 175
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 |   |
| Land use right                      |     |          |   293,199 |   |     |            |   147,828 |   |
| Less: accumulated depreciation      
 and amortization                    |     |          |  (349,490 | ) |     |            |  (205,004 | ) |
| Total                               
 real estate property for lease, net |     | $        | 2,238,577 |   |     | $          | 1,099,876 |   |

Depreciation expense of the plant were US$ 64,646and US$ 27,513for the six months ended June 30, 2023 and 2024, respectively. Amortization expense of land use right were US$ 3,534and US$ 1,489for the six months ended June 30, 2023 and 2024, respectively.

As of June 30, 2024, minimum future real estate lease income on non-cancelable leases subsequent to June 30, 2024, in the aggregate and foreach of the five succeeding fiscal years and thereafter, are as follows:

SCHEDULE OF MINIMUM FUTURE REAL ESTATE LEASE INCOME

| For the fiscal            
 years ending December 31, |     | Amount |        |
|:--------------------------|:----|:-------|-------:|
| Remainder of 2024         |     | $      | 48,767 |
| 2025                      |     |        |  4,673 |
| thereafter                |     |        |  9,345 |
| Total                     |     | $      | 62,785 |

| F-11 |

MKDWELL TECH INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

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

10. BORROWINGS

As of December 31, 2023 and June 30, 2024, the bank borrowings were for working capital and capital expenditure purposes.

SCHEDULE OF BANK BORROWINGS

|                            |     | December 
 31,      
 2023     |           |     | June       
 30,        
 2024       |           |
|:---------------------------|:----|:---------|----------:|:----|:-----------|----------:|
|                            |     | As       
 of       |           |     |            |           |
|