Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 29

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 3
Chunk 29
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 Protection Act, enterprises engaging
in the design, manufacture of goods or provision of services shall ensure such goods or services, when entering into the market, comply
with the contemporary technological or professional standards with reasonably expected safety requirements. In the event of any violation
of the aforesaid regulation, the enterprises shall be liable for the damage caused to the consumers or third parties. If MKD’s
products fail to comply with the contemporary technological or professional standards with reasonably expected safety requirements applicable
in Taiwan, MKD will be liable for the damages caused by such products. If MKD incurs significant liabilities in connection with product
liabilities, its business and results of operations may be adversely affected.

MKD
Taiwan’s insurance coverage may not adequately protect MKD Taiwan and its subsidiary against certain operating and other hazards
which may have an adverse effect on their business.

MKD
Taiwan believes that the coverage from insurance policies for operation facilities is in line with industry norms. However, there can
be no assurance that any claim under the insurance policies maintained will be timely honored in full or at all. To the extent that MKD
Taiwan suffers loss or damages that is not covered by insurance or exceeds insurance coverage, MKD Taiwan’s business, results of
operations and financial condition may be affected. There can also be no assurance that insurance will continue to be available to provide
reasonable, or any, coverage on reasonable commercial terms.

You
may experience difficulties in effecting service of legal process, enforcing foreign judgments or bringing actions against MKD’s
group entities or management in Taiwan.

The
Company is a company incorporated under the laws of the BVI, but MKD generates substantially all of its revenues from Taiwan and Mainland
China and substantially all assets are located in Taiwan and Mainland China. In addition, Mr. Ming-Chia Huang, Mr. Ming-Chao Huang, Mr.
Chih-Hsiang Tang, Mr. Chung-Yi Sun, and Mr. Jung-Te Chang ordinarily reside within Taiwan (Ms. Min-Jie Cui ordinarily resides within
Mainland China). As a result, it may be difficult for you to effect service of process upon us or those persons inside Taiwan. It may
also be difficult for you to enforce in U. S. courts judgments obtained in U. S. courts based on the civil liability provisions of the
U. S. federal securities laws against MKD and its officers and directors as none of them currently resides in the U. S. or has