# EDGAR Filing Document

**Accession Number:** 0001991332
**File Stem:** 0001493152-26-003199
**Filing Date:** 2026-1
**Character Count:** 84119
**Document Hash:** 1e83de0470fba5cda166243b08fd1653
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-003199.hdr.sgml**: 20260122

**ACCESSION NUMBER**: 0001493152-26-003199

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20260122

**FILED AS OF DATE**: 20260122

**DATE AS OF CHANGE**: 20260122

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MKDWELL Tech Inc.
- **CENTRAL INDEX KEY:** 0001991332
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42197
- **FILM NUMBER:** 26550274

**BUSINESS ADDRESS:**
- **STREET 1:** 1F, NO. 6-2, DUXING ROAD
- **STREET 2:** HSINCHU SCIENCE PARK
- **CITY:** HSINCHU CITY
- **STATE:** F5
- **ZIP:** 300
- **BUSINESS PHONE:** 88635781899

**MAIL ADDRESS:**
- **STREET 1:** 1F, NO. 6-2, DUXING ROAD
- **STREET 2:** HSINCHU SCIENCE PARK
- **CITY:** HSINCHU CITY
- **STATE:** F5
- **ZIP:** 300

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**Form 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of January 2026**

**Commission File Number 001-42197**

**MKDWELL Tech Inc.**

**1F, No. 6-2, Duxing Road, Hsinchu Science Park, Hsinchu City 300, Taiwan**

**(Address of principal executive office)**

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

**Amendment to Articles of Incorporation or By-Laws; Change in Fiscal Year**

On January 9, 2026, the Board of Directors of MKDWELL Tech Inc., a British Virgin Islands business company (the "**Company**") approved that: (i) the Company redesignate the par value of the (1) ordinary shares (the "**Ordinary Shares**") of US$0.0001 par value each; (2) class A preferred shares of US$0.0001 par value each (the "**Class A Preferred Shares**"); (3) class B preferred shares of US$0.0001 par value each; (4) class C preferred shares of US$0.0001 par value each; (5) class D preferred shares of US$0.0001 par value each; and (6) class E preferred shares of US$0.0001 par value each in the Company to no par value (the "**Redesignation**"); (ii) following the Resignation, the Company undertake a share combination on its Ordinary Shares and the Class A Preferred Shares on a thirty-to-one basis (the "**Share Combination**").

The Company will file an amended and restated memorandum and articles of association (the "**A&R M&A**") with the BVI Registry of Corporate Affairs to effect the Redesignation and the Share Combination. The Redesignation and the Share Combination will take effect at 9:00 a.m., Eastern Time, on January 26, 2026 (the "**Effective Time**").

The Ordinary Shares will continue to trade on The Nasdaq Capital Market under the existing symbol "MKDW" and will begin trading on a split-adjusted basis when the market opens on January 26, 2026. The new CUSIP number for the ordinary Share following the Share Combination will be G6209W124.

At the Effective Time, every 30 shares of the Company's issued Ordinary Shares will be automatically reclassified and combined into 1 Ordinary Share with no par value. As a result of the Share Combination, the number of issued Ordinary Shares will reduce from 141,039,933 shares to approximately 4,701,332 shares, and the number of ordinary shares outstanding will reduce from 106,459,933 to approximately 3,548,665 shares. No fractional shares will be issued in connection with the Share Combination and fractional amounts will be rounded up to the nearest whole number at the participant level.

Additionally, at the Effective Time, proportionate adjustments will be made, based on the thirty-to-one ratio, to (i) the number of ordinary shares issuable upon exercise of the Company's outstanding warrants to purchase one ordinary share (the "**Warrants**"), including a proportional decrease in the number of ordinary shares issuable upon exercise of each Warrant and a corresponding proportional increase in the exercise price of each Warrant, (ii) the conversion price of the Company's outstanding convertible promissory note, which will be proportionately increased, and (iii) the number of ordinary shares issuable upon conversion of the right.

The foregoing description of the A&R M&A does not purport to be complete and is qualified in its entirety by reference to the A&R M&A, a copy of which is filed as Exhibit 3.1 to this report on Form 6-K and is incorporated herein by reference.

**Regulation FD Disclosure.**

On January 22, 2026, the Company issued a press release announcing the Share Combination. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 6-K and is incorporated by reference herein.

**SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS**

This current report on Form 6-K and the press release furnished as Exhibit 99.1 contain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Please refer to the "Forward-Looking Statements" section in Exhibit 99.1 for additional information.

**EXHIBITS**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 3.1 | [Amended and Restated Memorandum and Articles of Association of the Company](ex3-1.htm) |
| 99.1 | [Press Release dated January 22, 2026, announcing share combination](ex99-1.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| **MKDWELL Tech Inc.** | **MKDWELL Tech Inc.** |
| By: | */s/ Ming-Chia Huang* |
| Name: | Ming-Chia Huang |
| Title: | Chief Executive Officer and Director |
| Date: | January 22, 2026 |

---

## Exhibit 3.1

**Exhibit 3.1**

**Territory of the Virgin Islands**

**The BVI Business Companies Act, 2004**

**MEMORANDUM AND ARTICLES OF ASSOCIATION OF**

**MKDWELL TECH INC.**

Incorporated as a BVI business company on 25 July 2023

Amended and restated on 19 July 2024

Amended and restated on 20 May 2025

Further amended and restated on [●] January 2026

**Territory of the British Virgin Islands**

**The BVI Business Companies Act 2004**

**Amended and restated Memorandum of Association**

**of**

**MKDWELL Tech Inc.**

**a company limited by shares**

---

| | |
|:---|:---|
| **1** | **Name** |

---

The name of the Company is MKDWELL Tech Inc.

---

| | |
|:---|:---|
| **2** | **Status** |

---

The Company is a company limited by shares.

---

| | |
|:---|:---|
| **3** | **Registered office and registered agent** |

---

3.1 The
 first registered office of the Company is at Bolder Corporate Services (BVI) Limited, Sea
 Meadow House, Road Town, Tortola, British Virgin Islands, the office of the first registered
 agent.

3.2 The
 first registered agent of the Company is Bolder Corporate Services (BVI) Limited, Sea Meadow
 House, Road Town, Tortola, British Virgin Islands.

3.3 The
 Company may change its registered office or registered agent by a Resolution of Directors
 or a Resolution of Members. The change shall take effect upon the Registrar registering a
 notice of change filed under section 92 of the Act.

---

| | |
|:---|:---|
| **4** | **Capacity and powers** |

---

4.1 The
 Company has, subject to the Act and any other British Virgin Islands legislation for the
 time being in force, irrespective of corporate benefit:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) full
 capacity to carry on or undertake any business or activity, do any act or enter into any
 transaction; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) for
 the purposes of 4.1(a), full rights, powers and privileges.

4.2 There
 are no limitations on the business that the Company may carry on.

---

| | |
|:---|:---|
| **5** | **Number and classes of Shares** |

---

5.1 The
 Company is authorised to issue an unlimited amount of shares with no par value each
 divided into six classes of shares as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Ordinary
 shares with no par value (**Ordinary Shares**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Class
 A preferred shares with no par value (**Class A Preferred Shares**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Class
 B preferred shares with no par value (**Class B Preferred Shares**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Class
 C preferred shares with no par value (**Class C Preferred Shares**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Class
 D preferred shares with no par value (**Class D Preferred Shares**); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Class
 E preferred shares with no par value (**Class E Preferred Shares** and together
 with the Class A Preferred Shares, the Class B Preferred Shares, Class C Preferred Shares
 and the Class D Preferred Shares being referred to as the **Preferred Shares**).

5.2 The
 Company may at the discretion of the Board of Directors, but shall not otherwise be obliged
 to, issue fractional Shares or round up or down fractional holdings of Shares to its nearest
 whole number and a fractional Share shall have the corresponding fractional rights, obligations
 and liabilities of a whole Share of the same class or series of Shares.

---

| | |
|:---|:---|
| **6** | **Designations powers preferences of Shares** |

---

6.1 Each
 Ordinary Share in the Company confers upon the Member:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 right to one vote at a meeting of the Members of the Company or on any Resolution of Members;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 right to an equal share in any dividend paid by the Company on the Ordinary Shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 right to an equal share in the distribution to the holders of Ordinary Shares of the surplus
 assets of the Company on its liquidation.

6.1A Each Class A Preferred Share confers upon the Member:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 right to 100 votes at a meeting of the Members of the Company or on any Resolution of Members;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 right to an equal share in any dividend paid by the Company in accordance with the Act; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 right to an equal share in the distribution of surplus assets of the Company on its liquidation.

6.2 The
 rights, privileges, restrictions and conditions attaching to the Preferred Shares shall be
 stated in this Memorandum, which shall be amended accordingly by Resolution of Directors
 prior to the issue of such Preferred Shares. Such rights, privileges, restrictions and conditions
 may include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 number of shares and series constituting that class and the distinctive designation of that
 class;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 dividend rate of the Shares of that class, if any, whether dividends shall be cumulative,
 and, if so, from which date or dates, and whether they shall be payable in preference to,
 or in relation to, the dividends payable on any other class or classes of Shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) whether
 that class shall have voting rights including enhanced or special voting rights whether generally
 or in relation to other classes, and, if so, the terms of such voting rights;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) whether
 that class shall have conversion or exchange privileges, and, if so, the terms and conditions
 of such conversion or exchange, including provision for adjustment of the conversion or exchange
 rate in such events as the Board of Directors shall determine;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) whether
 or not the Shares of that class shall be redeemable, and, if so, the terms and conditions
 of such redemption, including the manner of selecting Shares for redemption if less than
 all Shares are to be redeemed, the date or dates upon or after which they shall be redeemable,
 and the amount per share payable in case of redemption, which amount maybe less than fair
 value and which may vary under different conditions and at different dates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) whether
 that class shall be entitled to the benefit of a sinking fund to be applied to the purchase
 or redemption of Shares of that class, and, if so, the terms and amounts of such sinking
 fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) the
 right of the Shares of that class to the benefit of conditions and restrictions upon the
 creation of indebtedness of the Company or any subsidiary, upon the issue of any additional
 Shares (including additional Shares of such class of any other class) and upon the payment
 of dividends or the making of other distributions on, and the purchase, redemption or other
 acquisition or any subsidiary of any outstanding Shares of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) the
 right of the Shares of that class in the event of any voluntary or involuntary liquidation,
 dissolution or winding up of the Company and whether such rights be in preference
to, or in relation to, the comparable rights or any other class or classes of Shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any
 other relative, participating, optional or other special rights, qualifications, limitations
 or restrictions of that class.

6.3 The
 directors may at their discretion by Resolution of Directors redeem, purchase or otherwise
 acquire all or any of the Shares in the Company subject to Regulations 3 and 6 of the Articles.

6.4 The
 Directors have the authority and the power by Resolution of Directors:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to
 authorise and create additional classes of shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) (subject
 to the provisions of Clause 6.2) to fix the designations, powers, preferences, rights, qualifications,
 limitations and restrictions, if any, appertaining to any and all classes of shares that
 may be authorised to be issued under this Memorandum.

---

| | |
|:---|:---|
| **7** | **Variation of rights** |

---

The rights attached to any class of Shares as specified in Clause 6 may only, whether or not the Company is being wound up, be varied by a Resolution of Members, provided that only the holders of the relevant class of Shares shall be entitled to vote thereon, unless otherwise provided by the terms of issue of such class.

---

| | |
|:---|:---|
| **8** | **Rights not varied by the issue of Shares pari passu and no deemed variation** |

---

The rights conferred upon the holders of the Shares of any class issued with preferred or other rights shall not, unless otherwise expressly provided by the terms of issue of the Shares of that class, be deemed to be varied by the creation or issue of further Shares ranking pari passu therewith and, for the avoidance of doubt, the issue of Shares in any class of the Preferred Shares where such class is authorised under Clause 5.1 hereof shall not be considered to vary the terms of the Ordinary Shares or any other then existing class of Shares unless the express terms of that class provide otherwise.

---

| | |
|:---|:---|
| **9** | **Registered Shares** |

---

9.1 The
 Company shall issue registered Shares only.

9.2 The
 Company is not authorised to issue or have in issue bearer Shares, convert registered Shares
 to bearer Shares or exchange registered Shares for bearer Shares.

---

| | |
|:---|:---|
| **10** | **Transfer of Shares** |

---

10.1 A
 Share may be transferred in accordance with Regulation 4 of the Articles.

---

| | |
|:---|:---|
| **11** | **Amendment of Memorandum and Articles** |

---

11.1 The
 Company may amend its Memorandum or Articles by a Resolution of Members or by a Resolution
 of Directors, save that no amendment may be made by a Resolution of Directors:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to
 restrict the rights or powers of the Members to amend the Memorandum or Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) to
 change the percentage of Members required to pass a Resolution of Members to amend the Memorandum
 or Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) in
 circumstances where the Memorandum or Articles cannot be amended by the Members; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) to
 Clauses 7 or 8 or this Clause 11.

---

| | |
|:---|:---|
| **12** | **Definitions and interpretation** |

---

12.1 In
 this Memorandum of Association and the attached Articles of Association, if not inconsistent
 with the subject or context:

**Act** means the BVI Business Companies Act, 2004 (as amended) and includes the regulations made under the Act;

**Articles** means the attached amended and restated Articles of Association of the Company, as amended or amended and restated from time to time;

**Board of Directors** means the board of directors of the Company for the time being;

**Chairman of the Board** has the meaning specified in Regulation 13;

**Class A Preferred Shares** has the meaning specified in Clause 5.1;

**Class B Preferred Shares** has the meaning specified in Clause 5.1;

**Class C Preferred Shares** has the meaning specified in Clause 5.1;

**Class D Preferred Shares** has the meaning specified in Clause 5.1;

**Class E Preferred Shares** has the meaning specified in Clause 5.1;

**Distribution** in relation to a distribution by the Company means the direct or indirect transfer of an asset, other than Shares, to or for the benefit of a Member in relation to Shares held by a Member, and whether by means of a purchase of an asset, the redemption or other acquisition of Shares, a distribution of indebtedness or otherwise, and includes a dividend;

**Eligible Person** means individuals, corporations, trusts, the estates of deceased individuals, partnerships and unincorporated associations of persons;

**Member** means an Eligible Person whose name is entered, whether singularly or jointly with others, in the Register of Members of the Company as the holder of one or more Shares or fractional Shares;

**Memorandum** means this amended and restated Memorandum of Association of the Company, as amended or amended and restated from time to time;

**Ordinary Shares** has the meaning specified in Clause 5.1;

**Preferred Shares** has the meaning specified in Clause 5.1;

**recognised exchange** has the meaning specified in the Act;

**Register of Members** has the meaning specified in Regulation 2.5;

**Registrar** means the Registrar of Corporate Affairs appointed under the Act and any deputy or assistant thereof;

**Resolution of Directors** means either:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a
 resolution approved at a duly convened and constituted meeting of directors of the Company
 or of a committee of directors of the Company by the affirmative vote of a majority of the
 directors present at the meeting who voted except that where a director is given more than
 one vote, he shall be counted by the number of votes he casts for the purpose of establishing
 a majority; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a
 resolution consented to in writing by all directors or by all members of a committee of directors
 of the Company, as the case may be;

**Resolution of Members** means either:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a
 resolution approved at a duly convened and constituted meeting of the Members of the Company
 by the affirmative vote of a majority of the votes of the Shares entitled to vote thereon
 which were present at the meeting and were voted; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a
 resolution consented to in writing by a majority of the votes of Shares entitled to vote
 thereon;

**Seal** means any seal which has been duly adopted as the common seal of the Company;

**Securities** means Shares and debt obligations of every kind of the Company, and including without limitation options, warrants and rights to acquire Shares or debt obligations;

**Share** means a share issued or to be issued by the Company and shall include fractional shares in the Company;

**Treasury Share** means a Share that was previously issued but was repurchased, redeemed or otherwise acquired by the Company and not cancelled; and

**written** or any term of like import includes information generated, sent, received or stored by electronic, electrical, digital, magnetic, optical, electromagnetic, biometric or photonic means, including electronic data interchange, electronic mail, telegram, telex or telecopy, and **in writing** shall be construed accordingly.

12.2 In
 the Memorandum and the Articles, unless the context otherwise requires a reference to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a
 Regulation is a reference to a regulation of the Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a
 Clause is a reference to a clause of the Memorandum;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) voting
 by Member is a reference to the casting of the votes attached to the Shares held by the Member
 voting;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the
 Act, the Memorandum or the Articles is a reference to the Act or those documents as amended;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the
 singular includes the plural and vice versa.

12.3 Any
 words or expressions defined in the Act unless the context otherwise requires bear the same
 meaning in the Memorandum and Articles unless otherwise defined herein.

12.4 Headings
 are inserted for convenience only and shall be disregarded in interpreting the Memorandum
 and Articles.

We, Bolder Corporate Services (BVI) Limited, Sea Meadow House, Road Town, Tortola, British Virgin Islands, in our capacity as registered agent for the Company hereby apply to the Registrar for the incorporation of the Company this 25th day of July, 2023.

Incorporator

**Signed Alicia Davies and Marsha Fahie**

---

| |
|:---|
| Authorised Signatories |
| Bolder Corporate Services (BVI) Limited |
| Sea Meadow House |
| Road Town, Tortola |
| British Virgin Islands |

---

**Territory of the British Virgin Islands**

**The BVI Business Companies Act 2004**

**Amended and restated Articles of Association**

**of**

**MKDWELL Tech Inc.**

**a company limited by shares**

---

| | |
|:---|:---|
| **1** | **Registered Shares** |

---

1.1 The
 Company may issue certificates signed by a director of the Company or under the Seal specifying
 the number of Shares held by a Member (and the signature of the director and the Seal may
 be facsimiles) if the Board of Directors so resolves by a Resolution of Directors.

1.2 Any
 Member receiving a certificate shall indemnify and hold the Company and its directors and
 officers harmless from any loss or liability which it or they may incur by reason of any
 wrongful or fraudulent use or representation made by any person by virtue of the possession
 thereof. If a certificate for Shares is worn out or lost it may be renewed on production
 of the worn out certificate or on satisfactory proof of its loss together with such indemnity
 as may be required by a Resolution of Directors.

1.3 If
 several Eligible Persons are registered as joint holders of any Shares, any one of such Eligible
 Persons may give an effectual receipt for any Distribution.

1.4 Nothing
 in these Articles shall require title to any Shares or other Securities to be evidenced by
 a certificate if the Act and the rules of any recognised exchange on which the Shares or
 other Securities are listed (if so listed) permit otherwise.

1.5 Subject
 to the Act and the rules of any recognised exchange on which any Shares or other Securities
 may be listed (if so listed), the Board of Directors without further consultation with the
 holders of any Shares or Securities may resolve that any class or series of Shares or other
 Securities in issue or to be issued from time to time may be issued, registered or converted
 to uncertificated form and be subject to the practices instituted by the operator of the
 relevant system. No provision of these Articles will apply to any uncertificated shares or
 Securities to the extent that they are inconsistent with the holding of such shares or securities
 in uncertificated form or the transfer of title to any such shares or securities by means
 of a relevant system.

1.6 Conversion
 of Shares held in certificated form into Shares held in uncertificated form, and vice versa,
 may be made in such manner as the Board of Directors, in its absolute discretion, may think
 fit (subject always to the requirements of the relevant system concerned). The Company or
 any duly authorised transfer agent shall enter on the Register of Members how many Shares
 are held by each member in uncertificated form and certificated form and shall maintain
the register of members in each case as is required by the relevant system concerned. Notwithstanding any provision of these Articles,
a class or series of Shares shall not be treated as two classes by virtue only of that class or series comprising both certificated shares
and uncertificated shares or as a result of any provision of these Articles which applies only in respect of certificated shares or uncertificated
shares.

1.7 Nothing
 contained in Regulations 1.5 and 1.6 is meant to prohibit the Shares from being able to trade
 electronically.

---

| | |
|:---|:---|
| **2** | **Shares** |

---

2.1 Subject
 to the provisions of these Articles and, where applicable, the rules of any recognised exchange
 on which any Shares or other Securities are listed (if so listed), the unissued Shares of
 the Company shall be at the disposal of the directors and Shares and other Securities may
 be issued and option to acquire Shares or other Securities may be granted at such times,
 to such Eligible Persons, for such consideration and on such terms as the directors may by
 Resolution of Directors determine.

2.2 Without
 prejudice to any special rights previously conferred on the holders of any existing Preferred
 Shares or class of Preferred Shares, any class of Preferred Shares may be issued with such
 preferred, deferred or other special rights or such restrictions, whether in regard to dividend,
 voting or otherwise as the directors may from time to time determine.

2.3 Section
 46 of the Act does not apply to the Company.

2.4 A
 Share may be issued for consideration in any form or a combination of forms, including money,
 a promissory note, real property, personal property (including goodwill and know- how), services
 rendered or a contract for future services.

2.5 No
 Shares may be issued for a consideration other than money, unless a Resolution of Directors
 has been passed stating:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 amount to be credited for the issue of the Shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) that,
 in their opinion, the present cash value of the non-money consideration for the issue is
 not less than the amount to be credited for the issue of the Shares.

2.6 Subject
 to Regulation 2.9, the Company shall keep a register of members (the **Register of Members**)
 containing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 names and addresses of the persons who hold Shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 number of each class and series of Shares held by each Member;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 date on which the name of each Member was entered in the Register of Members; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the
 date on which any Eligible Person ceased to be a Member.

2.7 The
 Register of Members may be in any such form as the directors may approve, but if it is in
 magnetic, electronic or other data storage form, the Company must be able to produce legible
 evidence of its contents. Until the directors otherwise determine, if any magnetic, electronic
 or other data storage form is used in this respect, that shall be the original Register of
 Members.

2.8 A
 Share is deemed to be issued when the name of the Member is entered in the Register of Members.

2.9 Where
 the Company or any of its Shares is listed on a recognised exchange, the company may keep
 a share register containing the information referred to in Regulation 2.6 or such other information
 as these Articles permit or as may be approved by a Resolution of Directors.

2.10 Subject
 to the provisions of the Act, Shares may be issued on the terms that they are redeemable,
 or at the option of the Company be liable to be redeemed on such terms and in such manner
 as the directors before or at the time of the issue of such Shares may determine. The directors
 may issue options, warrants, rights or convertible securities or securities or a similar
 nature conferring the right upon the holders thereof to subscribe for, purchase or receive
 any class of Shares or Securities on such terms as the directors may from time to time determine.

---

| | |
|:---|:---|
| **3** | **Forfeiture** |

---

3.1 Shares
 that are not fully paid on issue are subject to the forfeiture provisions set forth in this
 Regulation and for this purpose Shares issued for a promissory note or a contract for future
 services are deemed to be not fully paid.

3.2 A
 written notice of call specifying the date for payment to be made shall be served on the
 Member who defaults in making payment in respect of the Shares.

3.3 The
 written notice of call referred to in Regulation 3.2 shall name a further date not earlier
 than the expiration of 14 days from the date of service of the notice on or before which
 the payment required by the notice is to be made and shall contain a statement that in the
 event of non-payment at or before the time named in the notice the Shares, or any of them,
 in respect of which payment is not made will be liable to be forfeited.

3.4 Where
 a written notice of call has been issued pursuant to Regulation 3.2 and the requirements
 of the notice have not been complied with, the directors may, at any time before tender of
 payment, forfeit and cancel the Shares to which the notice relates.

3.5 The
 Company is under no obligation to refund any moneys to the Member whose Shares have been
 cancelled pursuant to Regulation 3.3 and that Member shall be discharged from any further
 obligation to the Company.

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| | |
|:---|:---|
| **4** | **Transfer of Shares** |

---

4.1 Subject
 to Regulation 4.2, certificated Shares may be transferred by a written instrument of transfer
 signed by the transferor and containing the name and address of the transferee, which shall
 be sent to the Company for registration.

4.2 Where
 shares are listed on a recognised exchange, Shares may be transferred without the need for
 a written instrument of transfer if the transfer is carried out in accordance with the laws,
 rules, procedures and other requirements applicable to shares registered on the recognised
 exchange.

4.3 The
 transfer of a Share is effective when the name of the transferee is entered on the Register
 of Members.

4.4 If
 the directors of the Company are satisfied that an instrument of transfer relating to Shares
 has been signed but that the instrument has been lost or destroyed, they may resolve by Resolution
 of Directors:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to
 accept such evidence of the transfer of Shares as they consider appropriate; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) that
 the transferee's name should be entered in the Register of Members notwithstanding the absence
 of the instrument of transfer.

4.5 Subject
 to the Memorandum, the personal representative of a deceased Member may transfer a Share
 even though the personal representative is not a Member at the time of the transfer.

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| | |
|:---|:---|
| **5** | **Distributions** |

---

5.1 The
 directors of the Company may, by Resolution of Directors, authorise a distribution at a time
 and of an amount they think fit if they are satisfied, on reasonable grounds, that, immediately
 after the distribution, the value of the Company's assets will exceed its liabilities and
 the Company will be able to pay its debts as they fall due.

5.2 Dividends
 may be paid in money, Shares or other property.

5.3 The
 Company may, by Resolution of Directors, from time to time pay to the Members such interim
 dividends as appear to the directors to be justified by the profits of the Company, provided
 always that they are satisfied, on reasonable grounds, that, immediately after the distribution,
 the value of the Company's assets will exceed its liabilities and the Company will be able
 to pay its debts as they fall due.

5.4 Notice
 in writing of any dividend that may have been declared shall be given to each Member in accordance
 with Regulation 21 and all dividends unclaimed for 3 years after notice shall have been given
 to a Member may be forfeited by Resolution of Directors for the benefit of the Company.

5.5 No
 dividend shall bear interest as against the Company and no dividend shall be paid on Treasury
 Shares.

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| | |
|:---|:---|
| **6** | **Redemption of Shares and Treasury Shares** |

---

6.1 The
 Company may purchase, redeem or otherwise acquire and hold its own Shares save that the Company
 may not purchase, redeem or otherwise acquire its own Shares without the consent of the Member
 whose Shares are to be purchased, redeemed or otherwise acquired unless the Company is permitted
 or required by the Act or any other provision in the Memorandum or Articles to purchase,
 redeem or otherwise acquire the Shares without such consent.

6.2 The
 purchase redemption or other acquisition by the Company of its own Shares is deemed not to
 be a distribution where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Company purchases, redeems or otherwise acquires the Shares pursuant to a right of a Member
 to have his Shares redeemed or to have his Shares exchanged for money or other property of
 the Company, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 Company purchases, redeems or otherwise acquires the Shares by virtue of the provisions of
 section 176 or section 179 of the Act; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 Company acquires its own fully paid Shares pursuant to section 59(1A) of the Act.

6.3 Sections
 60, 61 and 62 of the Act shall not apply to the Company.

6.4 Shares
 that the Company purchases, redeems or otherwise acquires pursuant to this Regulation may
 be cancelled or held as Treasury Shares except to the extent that such Shares are in excess
 of 50 percent of the issued Shares in which case they shall be cancelled but they shall be
 available for reissue.

6.5 All
 rights and obligations attaching to a Treasury Share are suspended and shall not be exercised
 by the Company while it holds the Share as a Treasury Share.

6.6 Treasury
 Shares may be disposed of by the Company on such terms and conditions (not otherwise inconsistent
 with the Memorandum and Articles) as the Company may by Resolution of Directors determine.

6.7 Where
 Shares are held by another body corporate of which the Company holds, directly or indirectly,
 shares having more than 50 per cent of the votes in the election of directors of the other
 body corporate, all rights and obligations attaching to the Shares held by the other body
 corporate are suspended and shall not be exercised by the other body corporate.

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| | |
|:---|:---|
| **7** | **Mortgages and charges of Shares** |

---

7.1 A
 Member may by an instrument in writing mortgage or charge his Shares.

7.2 There
 shall be entered in the Register of Members at the written request of the Member:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a
 statement that the Shares held by him are mortgaged or charged;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 name of the mortgagee or chargee; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 date on which the particulars specified in Regulations 7.2(a) and 7.2(b) above are entered
 in the Register of Members.

7.3 Where
 particulars of a mortgage or charge are entered in the Register of Members, such particulars
 may be cancelled:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) with
 the written consent of the named mortgagee or chargee or anyone authorised to act on his
 behalf; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) upon
 evidence satisfactory to the directors of the discharge of the liability secured by the mortgage
 or charge and the issue of such indemnities as the directors shall consider necessary or
 desirable.

7.4 Whilst
 particulars of a mortgage or charge over Shares are entered in the Register of Members pursuant
 to this Regulation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) no
 transfer of any Share the subject of those particulars shall be effected;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 Company may not purchase, redeem or otherwise acquire any such Share; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) no replacement certificate
shall be issued in respect of such Shares, without the written consent of the named mortgagee or chargee.

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| | |
|:---|:---|
| **8** | **Meetings and consents of Members** |

---

8.1 Any
 director of the Company may convene meetings of the Members at such times and in such manner
 and places within or outside the British Virgin Islands as the director considers necessary
 or desirable. A meeting may also be convened to be held by electronic means, provided that
 notice thereof includes all necessary joining instructions and that the means for holding
 the meeting allow all members to speak and be heard simultaneously. A meeting held by electronic
 means shall be considered to be held at the place where the chairman is at the time the meeting
 is opened.

8.2 Upon
 the written request of Members entitled to exercise 30 per cent or more of the voting rights
 in respect of the matter for which the meeting is requested the directors shall convene a
 meeting of Members.

8.3 The
 director convening a meeting of Members shall give not less than 7 clear calendar days' written
 notice of a meeting of Members to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) those
 Members whose names on the date the notice is given appear as Members in the Register of
 Members of the Company and are entitled to vote at the meeting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 other directors.

8.4 The
 convener or conveners of a meeting of Members may fix the date notice is given of a meeting,
 or such other date as may be specified in the notice, as the record date for determining
 those Members that are entitled to vote at the meeting.

8.5 A
 meeting of Members held in contravention of the requirement to give notice is valid if Members
 holding at least 90 per cent of the total voting rights on all the matters to be considered
 at the meeting have waived notice of the meeting and, for this purpose, the presence of a
 Member at the meeting shall constitute waiver in relation to all the Shares which that Member
 holds.

8.6 The
 inadvertent failure of a director who convenes a meeting to give notice of a meeting to a
 Member or another director, or the fact that a Member or another director has not received
 notice, does not invalidate the meeting.

8.7 A
 Member may be represented at a meeting of Members by a proxy who may speak and vote on behalf
 of the Member.

8.8 The
 instrument appointing a proxy shall be produced at the place designated for the meeting before
 the time for holding the meeting at which the person named in such instrument proposes to
 vote. The notice of the meeting may specify an alternative or additional place or time at
 which the proxy shall be presented.

8.9 The
 instrument appointing a proxy shall be in substantially the following form or such other
 form as the chairman of the meeting shall accept as properly evidencing the wishes of the
 Member appointing the proxy.

**MKDWELL Tech Inc.**

&nbsp;&nbsp;I/We being a Member of the above Company HEREBY APPOINT [ ] or failing him [ ] of [ ] to be my/our proxy to vote for me/us at the meeting of Members to be held on the [ ] day of [ ], 20[ ] and at any adjournment thereof.<br>(Any restrictions on voting to be inserted here.)<br> Signed this [ ] day of [ ], 20[ ]<br>……………………………<br> Member<br>

8.10 The
 following applies where Shares are jointly owned:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) each
 of them may be present in person or by proxy at a meeting of Members and may speak as a Member;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if
 only one of the joint owners is present in person or by proxy they may vote on behalf of
 all joint owners; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) if
 two or more of the joint owners are present in person or by proxy they must vote as one and
 in the event of disagreement between any of the joint owners of Shares then the vote of the
 joint owner whose name appears first (or earliest) in the Register of Members in respect
 of the relevant Shares shall be recorded as the vote attributable to the Shares.

8.11 A
 Member shall be deemed to be present at a meeting of Members if he participates by telephone
 or other electronic means and the meeting itself may be held generally by electronic means,
 provided that in all such cases all Members participating in the meeting are able to hear
 each other.

8.12 A
 meeting of Members is duly constituted if, at the commencement of the meeting, there are
 present in person or by proxy not less than one-third (1/3) of the votes of the Shares entitled
 to vote on Resolutions of Members to be considered at the meeting. If the Company has two
 or more classes of Shares, a meeting may be quorate for some purposes and not for others.
 A quorum may comprise a single Member or proxy and then such person may pass a Resolution
 of Members and a certificate signed by such person accompanied where such person holds a
 proxy by a copy of the proxy instrument shall constitute a valid Resolution of Members.

8.13 If
 within two hours from the time appointed for the meeting a quorum is not present, the meeting,
 if convened upon the requisition of Members, shall be dissolved; in any other case it shall
 stand adjourned to the next business day in the jurisdiction in which the meeting was to
 have been held at the same time and place or to such other time and place as the directors
 may determine, and if at the adjourned meeting there are present within one hour from the
 time appointed for the meeting in person or by proxy not less than one third of the votes
 of the Shares or each class or series of Shares entitled to vote on the matters to be considered
 by the meeting, those present shall constitute a quorum but otherwise the meeting shall either
 be dissolved or stand further adjourned at the discretion of the Chairman of the Board or,
 if different, the chairman of the meeting.

8.14 At
 every meeting of Members, the Chairman of the Board or their nominee shall preside as chairman
 of the meeting. If there is no Chairman of the Board or if the Chairman of the Board or their
 nominee is not present at the meeting, the Members present shall choose one of their number
 to be the chairman. If the Members are unable to choose a chairman for any reason, then the
 person representing the greatest number of voting Shares present in person or by proxy at
 the meeting shall preside as chairman failing which the oldest individual Member or representative
 of a Member present shall take the chair.

8.15 The
 chairman may adjourn any meeting from time to time, and from place to place, but no business
 shall be transacted at any adjourned meeting other than the business left unfinished at the
 meeting from which the adjournment took place. For the avoidance of doubt, a meeting can
 be adjourned for as many times as may be determined to be necessary by the chairman and a
 meeting may remain open indefinitely for as long a period as may be determined by the chairman.

8.16 At
 any meeting of the Members the chairman of the meeting is responsible for deciding in such
 manner as he considers appropriate whether any resolution proposed has been carried or not
 and the result of his decision shall be announced to the meeting and recorded in the minutes
 of the meeting. If the chairman has any doubt as to the outcome of the vote on a proposed
 resolution, he shall cause a poll to be taken of all votes cast upon such resolution. If
 the chairman fails to take a poll then any Member present in person or by proxy who disputes
 the announcement by the chairman of the result of any vote may immediately following such
 announcement demand that a poll be taken and the chairman shall cause a poll to be taken.
 If a poll is taken at any meeting, the result shall be announced to the meeting and recorded
 in the minutes of the meeting.

8.17 Subject
 to the specific provisions contained in this Regulation for the appointment of representatives
 of Members other than individuals the right of any individual to speak for or represent a
 Member shall be determined by the law of the jurisdiction where, and by the documents by
 which, the Member is constituted or derives its existence. In case of doubt, the directors
 may in good faith seek legal advice and unless and until a court of competent jurisdiction
 shall otherwise rule, the directors may rely and act upon such advice without incurring any
 liability to any Member or the Company.

8.18 Any
 Member who is not a natural person may by resolution of its directors or other governing
 body authorise such individual as it thinks fit to act as its representative at any meeting
 of Members or of any class of Members, and the individual so authorised shall be entitled
 to exercise the same rights on behalf of the Member which he represents as that Member could
 exercise if it were an individual.

8.19 The
 chairman of any meeting at which a vote is cast by proxy or on behalf of any Member other
 than an individual may at the meeting but not thereafter call for a notarially certified
 copy of such proxy or authority which shall be produced within 7 calendar days of being so
 requested or the votes cast by such proxy or on behalf of such Member shall be disregarded.

8.20 Directors
 of the Company may attend and speak at any meeting of Members and at any separate meeting
 of the holders of any class or series of Shares.

8.21 An
 action that may be taken by the Members at a meeting may also be taken by a Resolution of
 Members consented to in writing, without the need for any prior notice. If any Resolution
 of Members is adopted otherwise than by the unanimous written consent of all Members, a copy
 of such resolution shall forthwith be sent to all Members not consenting to such resolution.
 The consent may be in the form of counterparts, each counterpart being signed by one or more
 Members. If the consent is in one or more counterparts, and the counterparts bear different
dates, then the resolution shall take effect on the earliest date upon which Eligible Persons holding a sufficient number of votes of
Shares to constitute a Resolution of Members have consented to the resolution by signed counterparts.

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| | |
|:---|:---|
| **9** | **Directors** |

---

9.1 The
 first directors of the Company shall be appointed by the first registered agent within 30
 calendar days of the incorporation of the Company; and thereafter, the directors shall be
 elected by Resolution of Members or by Resolution of Directors for such term as the Members
 or directors determine.

9.2 No
 person shall be appointed as a director of the Company unless he has consented in writing
 to act as a director.

9.3 The
 minimum number of directors shall be one (1) and there shall be no maximum number of directors.

9.4 Each
 director holds office for the term, if any, fixed by the Resolution of Members or Resolution
 of Directors appointing him, or until his earlier death, resignation or removal. If no term
 is fixed on the appointment of a director, the director serves indefinitely until his earlier
 death, resignation or removal.

9.5 A
 director may be removed from office with or without cause by,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a
 Resolution of Members passed at a meeting of Members called for the purposes of removing
 the director or for purposes including the removal of the director or by a written resolution
 passed by a least seventy five per cent of the Members of the Company entitled to vote; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 affirmative vote of two-thirds (2/3) of the directors then in office.

9.6 A
 director may resign his office by giving written notice of his resignation to the Company
 and the resignation has effect from the date the notice is received by the Company or from
 such later date as may be specified in the notice.

9.7 A
 director shall resign forthwith as a director if he is, or becomes, disqualified from acting
 as a director under the Act.

9.8 The
 directors may at any time appoint any person to be a director either to fill a vacancy or
 as an addition to the existing directors. Where the directors appoint a person as director
 to fill a vacancy, the term shall not exceed the term that remained when the person who has
 ceased to be a director ceased to hold office.

9.9 A
 vacancy in relation to directors occurs if a director dies or otherwise ceases to hold office
 prior to the expiration of his term of office.

9.10 The
 Company shall keep a register of directors containing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 names and addresses of the persons who are directors of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 date on which each person whose name is entered in the register was appointed as a director
 of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 date on which each person named as a director ceased to be a director of the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) such
 other information as may be prescribed by the Act.

9.11 The
 register of directors may be kept in any such form as the directors may approve, but if it
 is in magnetic, electronic or other data storage form, the Company must be able to produce
 legible evidence of its contents. Until a Resolution of Directors determining otherwise is
 passed, the magnetic, electronic or other data storage shall be the original register of
 directors.

9.12 The
 Directors or, if the Shares (or depository receipts therefor) are listed or quoted on any
 recognised exchange and if required by the rules of such recognised exchange, any committee
 thereof, may, by a Resolution of Directors, fix the emoluments of Directors with respect
 to services to be rendered in any capacity to the Company.

9.13 A
 director is not required to hold a Share as a qualification to office.

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| | |
|:---|:---|
| **10** | **Powers of directors** |

---

10.1 The
 business and affairs of the Company shall be managed by, or under the direction or supervision
 of, the directors of the Company. The directors of the Company have all the powers necessary
 for managing, and for directing and supervising, the business and affairs of the Company.
 The directors may pay all expenses incurred preliminary to and in connection with the incorporation
 of the Company and may exercise all such powers of the Company as are not by the Act or by
 the Memorandum or the Articles required to be exercised by the Members.

10.2 If
 the Company is the wholly owned subsidiary of a holding company, a director of the Company
 may, when exercising powers or performing duties as a director, act in a manner which he
 believes is in the best interests of the holding company even though it may not be in the
 best interests of the Company.

10.3 If
 the Company is a subsidiary, but not a wholly owned subsidiary, of a holding company, and
 the shareholders other than the holding company agree in advance, a director of the Company
 may, when exercising powers or performing duties as a director in connection with the carrying
 out of the joint venture, act in a manner which he believes is in the best interests of a
 Member or some Members even though it may not be in the best interests of the Company.

10.4 If
 the Company is carrying out a joint venture between shareholders, a director of the Company
 may, when exercising powers or performing duties as a director, act in a manner which he
 believes is in the best interests of the holding company even though it may not be in the
 best interests of the Company.

10.5 Each
 director shall exercise his powers for a proper purpose and shall not act or agree to the
 Company acting in a manner that contravenes the Memorandum, the Articles or the Act. Each
 director, in exercising his powers or performing his duties, shall act honestly and in good
 faith in what the director believes to be the best interests of the Company.

10.6 Any
 director which is a body corporate may appoint any individual as its duly authorised representative
 for the purpose of representing it at meetings of the directors, with respect to the signing
 of consents or otherwise.

10.7 The
 continuing directors may act notwithstanding any vacancy in their body.

10.8 The
 directors may by Resolution of Directors exercise all the powers of the Company to incur
 indebtedness, liabilities or obligations and to secure indebtedness, liabilities or obligations
 whether of the Company or of any third party.

10.9 All
 cheques, promissory notes, drafts, bills of exchange and other negotiable instruments and
 all receipts for moneys paid to the Company shall be signed, drawn, accepted, endorsed or
 otherwise executed, as the case may be, in such manner as shall from time to time be determined
 by Resolution of Directors.

10.10 Section
 175 of the Act shall not apply to the Company.

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| | |
|:---|:---|
| **11** | **Proceedings of directors** |

---

11.1 Any
 one director of the Company may call a meeting of the directors by sending a written notice
 to each other director.

11.2 The
 directors of the Company or any committee thereof may meet at such times and in such manner
 and places within or outside the British Virgin Islands as the notice calling the meeting
 provides.

11.3 A
 director is deemed to be present at a meeting of directors if he participates by telephone
 or other electronic means and all directors participating in the meeting are able to hear
 each other.

11.4 A
 director shall be given not less than 3 calendar days' notice of meetings of directors, but
 a meeting of directors held without 3 calendar days' notice having been given to all directors
 shall be valid if all the directors entitled to vote at the meeting who do not attend waive
 notice of the meeting, and for this purpose the presence of a director at a meeting shall
 constitute waiver by that director. The inadvertent failure to give notice of a meeting to
 a director, or the fact that a director has not received the notice, does not invalidate
 the meeting.

11.5 A
 meeting of directors is duly constituted for all purposes if at the commencement of the meeting
 there are present in person or by alternate not less than one-half of the total number of
 directors, unless there are only 2 directors in which case the quorum is 2.

11.6 A
 director may by a written instrument appoint an alternate who need not be a director and
 the alternate shall be entitled to attend meetings in the absence of the director who appointed
 him and to vote or consent in place of the director until the appointment lapses or is terminated.

11.7 If
 the Company has only one director the provisions herein contained for meetings of directors
 do not apply and such sole director has full power to represent and act for the Company in
 all matters as are not by the Act, the Memorandum or the Articles required to be exercised
 by the Members. In lieu of minutes of a meeting the sole director shall record in writing
 and sign a note or memorandum of all matters requiring a Resolution of Directors. Such a
 note or memorandum constitutes sufficient evidence of such resolution for all purposes.

11.8 At
 meetings of directors at which the Chairman of the Board is present, he shall preside as
 chairman of the meeting. If there is no Chairman of the Board or if the Chairman of the Board
 is not present, the directors present shall choose one of their number to be chairman of
 the meeting. If the directors are unable to choose a chairman for any reason, then the oldest
 individual director present (and for this purpose an alternate director shall be deemed to
 be the same age as the director that he represents) shall take the chair.

11.9 An
 action that may be taken by the directors or a committee of directors at a meeting may also
 be taken by a Resolution of Directors or a resolution of a committee of directors consented
 to in writing by all directors or by all members of the committee, as the case may be, without
 the need for any notice. The consent may be in the form of counterparts each counterpart
 being signed by one or more directors. If the consent is in one or more counterparts, and
 the counterparts bear different dates, then the resolution shall take effect on the date
 upon which the last director has consented to the resolution by signed counterparts.

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| | |
|:---|:---|
| **12** | **Committees** |

---

12.1 The
 directors may, by Resolution of Directors, designate one or more committees, each consisting
 of one or more directors, and delegate one or more of their powers, including the power to
 affix the Seal, to the committee.

12.2 The
 directors have no power to delegate to a committee of directors any of the following powers:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to
 amend the Memorandum or the Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) to
 designate committees of directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) to
 delegate powers to a committee of directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) to
 appoint directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) to
 appoint an agent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) to
 approve a plan of merger, consolidation or arrangement; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) to
 make a declaration of solvency or to approve a liquidation plan.

12.3 Regulations
 12.2(b) and 12.2(c) do not prevent a committee of directors, where authorised by the Resolution
 of Directors appointing such committee or by a subsequent Resolution of Directors, from appointing
 a sub-committee and delegating powers exercisable by the committee to the sub-committee.

12.4 The
 meetings and proceedings of each committee of directors consisting of 2 or more directors
 shall be governed mutatis mutandis by the provisions of the Articles regulating the proceedings
 of directors so far as the same are not superseded by any provisions in the Resolution of
 Directors establishing the committee.

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| | |
|:---|:---|
| **13** | **Officers and agents** |

---

13.1 The
 Company may by Resolution of Directors appoint officers of the Company at such times as may
 be considered necessary or expedient. Such officers may consist of a Chairman of the Board
 of Directors (the **Chairman of the Board**), a Chief Executive Officer, a President,
 a Chief Financial Officer, one or more vice-presidents, secretaries and treasurers and such
 other officers as may from time to time be considered necessary or expedient. Any number
 of offices may be held by the same person.

13.2 The
 officers shall perform such duties as are prescribed at the time of their appointment subject
 to any modification in such duties as may be prescribed thereafter by Resolution of Directors.
 In the absence of any specific prescription of duties it shall be the responsibility of the
 Chairman of the Board to preside at meetings of directors and Members, the Chief Executive
 Officer to manage the day to day affairs of the Company, the vice-presidents to act in order
 of seniority in the absence of the Chief Executive Officer but otherwise to perform such
 duties as may be delegated to them by the Chief Executive Officer, the secretaries to maintain
 the Register of Members, minute books and records (other than financial records) of the Company
 and to ensure compliance with all procedural requirements imposed on the Company by applicable
 law, and the treasurer to be responsible for the financial affairs of the Company.

13.3 The
 emoluments of all officers shall be fixed by Resolution of Directors.

13.4 The
 officers of the Company shall hold office until their death, resignation or removal. Any
 officer elected or appointed by the directors may be removed at any time, with or without cause,
by Resolution of Directors. Any vacancy occurring in any office of the Company may be filled by Resolution of Directors.

13.5 The
 directors may, by a Resolution of Directors, appoint any person, including a person who is
 a director, to be an agent of the Company. An agent of the Company shall have such powers
 and authority of the directors, including the power and authority to affix the Seal, as are
 set forth in the Articles or in the Resolution of Directors appointing the agent, except
 that no agent has any power or authority with respect to the matters specified in Regulation
 12.2. The Resolution of Directors appointing an agent may authorise the agent to appoint
 one or more substitutes or delegates to exercise some or all of the powers conferred on the
 agent by the Company. The directors may remove an agent appointed by the Company and may
 revoke or vary a power conferred on him.

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| | |
|:---|:---|
| **14** | **Conflict of interests** |

---

14.1 A
 director of the Company shall, forthwith after becoming aware of the fact that he is interested
 in a transaction entered into or to be entered into by the Company, disclose the interest
 to all other directors of the Company.

14.2 For
 the purposes of Regulation 14.1, a disclosure to all other directors to the effect that a
 director is a member, director or officer of another named entity or has a fiduciary relationship
 with respect to the entity or a named individual and is to be regarded as interested in any
 transaction which may, after the date of the entry or disclosure, be entered into with that
 entity or individual, is a sufficient disclosure of interest in relation to that transaction.

14.3 A
 director of the Company who is interested in a transaction entered into or to be entered
 into by the Company may:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) vote
 on a matter relating to the transaction;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) attend
 a meeting of directors at which a matter relating to the transaction arises and be included
 among the directors present at the meeting for the purposes of a quorum; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) sign
 a document on behalf of the Company, or do any other thing in his capacity as a director,
 that relates to the transaction,

and, subject to compliance with the Act shall not, by reason of his office be accountable to the Company for any benefit which he derives from such transaction and no such transaction shall be liable to be avoided on the grounds of any such interest or benefit.

---

| | |
|:---|:---|
| **15** | **Indemnification** |

---

15.1 Subject
 to the limitations hereinafter provided the Company may indemnify against all expenses, including
 legal fees, and against all judgments, fines and amounts paid in settlement
and reasonably incurred in connection with legal, administrative or investigative proceedings any person who:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is
 or was a party or is threatened to be made a party to any threatened, pending or completed
 proceedings, whether civil, criminal, administrative or investigative, by reason of the fact
 that the person is or was a director of the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is
 or was, at the request of the Company, serving as a director of, or in any other capacity
 is or was acting for, another company or a partnership, joint venture, trust or other enterprise.

15.2 The
 Company may only indemnify a person pursuant to Regulation 15.1 if the person acted honestly
 and in good faith with a view to the best interests of the Company and, in the case of criminal
 proceedings, the person had no reasonable cause to believe that their conduct was unlawful.

15.3 The
 decision of the directors as to whether the person acted honestly and in good faith and with
 a view to the best interests of the Company and as to whether the person had no reasonable
 cause to believe that his conduct was unlawful is, in the absence of fraud, sufficient for
 the purposes of the Articles, unless a question of law is involved.

15.4 The
 termination of any proceedings by any judgment, order, settlement, conviction or the entering
 of a nolle prosequi does not, by itself, create a presumption that the person did not act
 honestly and in good faith and with a view to the best interests of the Company or that the
 person had reasonable cause to believe that his conduct was unlawful.

15.5 The
 Company may purchase and maintain insurance in relation to any person who is or was a director,
 officer or liquidator of the Company, or who at the request of the Company is or was serving
 as a director, officer or liquidator of, or in any other capacity is or was acting for, another
 company or a partnership, joint venture, trust or other enterprise, against any liability
 asserted against the person and incurred by the person in that capacity, whether or not the
 Company has or would have had the power to indemnify the person against the liability as
 provided in the Articles.

---

| | |
|:---|:---|
| **16** | **Records** |

---

16.1 The
 Company shall keep the following documents at the office of its registered agent:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Memorandum and the Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 Register of Members, or a copy of the Register of Members;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 register of directors, or a copy of the register of directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) copies
 of all annual returns filed by the Company with its registered agent, for a period of 5 years;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) copies
 of all notices and other documents filed by the Company with the Registrar in the previous
 10 years.

16.2 If
 the Company maintains only a copy of the Register of Members or a copy of the register of
 directors at the office of its registered agent, it shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) within
 15 calendar days of any change in either register, notify the registered agent in writing
 of the change; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) provide
 the registered agent with a written record of the physical address of the place or places
 at which the original Register of Members or the original register of directors is kept.

16.3 The
 Company shall keep the following records at the office of its registered agent or at such
 other place or places, within or outside the British Virgin Islands, as the directors may
 determine:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) minutes
 of meetings and Resolutions of Members and classes of Members;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) minutes
 of meetings and Resolutions of Directors and committees of directors; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) an
 impression of the Seal, if any.

16.4 Where
 any original records referred to in this Regulation are maintained other than at the office
 of the registered agent of the Company, and the place at which the original records is changed,
 the Company shall provide the registered agent with the physical address of the new location
 of the records of the Company within 14 calendar days of the change of location.

16.5 The
 records kept by the Company under this Regulation shall be in written form or either wholly
 or partly as electronic records complying with the requirements of the Electronic Transactions
 Act.

---

| | |
|:---|:---|
| **17** | **Registers of charges** |

---

17.1 The
 Company shall maintain at the office of its registered agent a register of charges in which
 there shall be entered the following particulars regarding each mortgage, charge and other

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 date of creation of the charge;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a
 short description of the liability secured by the charge;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) a
 short description of the property charged;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the
 name and address of the trustee for the security or, if there is no such trustee, the name
 and address of the chargee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) unless
 the charge is a security to bearer, the name and address of the holder of the charge; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) details
 of any prohibition or restriction contained in the instrument creating the charge on the
 power of the Company to create any future charge ranking in priority to or equally with the
 charge.

---

| | |
|:---|:---|
| **18** | **Continuation** |

---

The Company may by Resolution of Members or by a Resolution of Directors continue as a company incorporated under the laws of a jurisdiction outside the British Virgin Islands in the manner provided under those laws.

---

| | |
|:---|:---|
| **19** | **Seal** |

---

The Company may have more than one Seal and references herein to the Seal shall be references to every Seal which shall have been duly adopted by Resolution of Directors. The directors shall provide for the safe custody of the Seal and for an imprint thereof to be kept at the registered office. Except as otherwise expressly provided herein the Seal when affixed to any written instrument shall be witnessed and attested to by the signature of any one director or other person so authorised from time to time by Resolution of Directors. Such authorisation may be before or after the Seal is affixed, may be general or specific and may refer to any number of sealings. The directors may provide for a facsimile of the Seal and of the signature of any director or authorised person which may be reproduced by printing or other means on any instrument and it shall have the same force and validity as if the Seal had been affixed to such instrument and the same had been attested to as hereinbefore described.

---

| | |
|:---|:---|
| **20** | **Accounts and audit** |

---

20.1 The
 Company shall keep records that are sufficient to show and explain the Company's transactions
 and that will, at any time, enable the financial position of the Company to be determined
 with reasonable accuracy.

20.2 The
 Company may by Resolution of Members call for the directors to prepare periodically and make
 available a profit and loss account and a balance sheet. The profit and loss account and
 balance sheet shall be drawn up so as to give respectively a true and fair view of the profit
 and loss of the Company for a financial period and a true and fair view of the assets and
 liabilities of the Company as at the end of a financial period.

20.3 Notwithstanding
 Regulation 20.2, the Company shall, within 9 months after the end of each year, file an annual
 return with its registered agent in the prescribed statutory form, provided that, if the
 Company has a financial year that is not a calendar year, then the return shall be filed
 instead within 9 months of the end of that financial year.

20.4 The
 Company may by Resolution of Directors or Resolution of Members call for the accounts to
 be examined by auditors.

20.5 The
 first auditors shall be appointed by Resolution of Directors and subsequent auditors shall
 be appointed by a Resolution of Members or a Resolution of Directors.

20.6 The
 auditors may be Members, but no director or other officer shall be eligible to be an auditor
 of the Company during their continuance in office.

20.7 The
 remuneration of the auditors of the Company:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 the case of auditors appointed by the directors, may be fixed by Resolution of Directors;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) subject
 to the foregoing, shall be fixed by Resolution of Members or in such manner as the Company
 may by Resolution of Members determine.

20.8 The
 auditors shall examine each profit and loss account and balance sheet required to be laid
 before a meeting of the Members or otherwise given to Members and shall state in a written
 report whether or not:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 their opinion the profit and loss account and balance sheet give a true and fair view respectively
 of the profit and loss for the period covered by the accounts, and of the assets and liabilities
 of the Company at the end of that period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) all
 the information and explanations required by the auditors have been obtained.

20.9 The
 report of the auditors shall be annexed to the accounts and shall be read at the meeting
 of Members at which the accounts are laid before the Company or shall be otherwise given
 to the Members.

20.10 Every
 auditor of the Company shall have a right of access at all times to the books of account
 and vouchers of the Company, and shall be entitled to require from the directors and officers
 of the Company such information and explanations as he thinks necessary for the performance
 of the duties of the auditors.

20.11 The
 auditors of the Company shall be entitled to receive notice of, and to attend any meetings
 of Members at which the Company's profit and loss account and balance sheet are to be presented.

---

| | |
|:---|:---|
| **21** | **Notices** |

---

21.1 Any
 notice, information or written statement to be given by the Company to a Member must be in
 writing and may be given by personal service, registered mail, courier, email or fax to the
 address of the shareholder recorded in the register of shareholders or any other address
 or email address as notified by the Member to the Company for this purpose (or otherwise
 the last email address the Company holds on file for that Member), or if the Company has
 a class of shares listed on a designated stock exchange, notice may be given as permitted
 by and in accordance with the applicable listing rules.

21.2 Any
 summons, notice, order, document, process, information or written statement to be served
 on the Company may be served by leaving it, or by sending it by registered mail addressed
 to the Company, at its registered office, or by leaving it with, or by sending it by registered
 mail to, the registered agent of the Company.

21.3 Service
 of any summons, notice, order, document, process, information or written statement to be
 served on the Company may be proved by showing that the summons, notice, order, document,
 process, information or written statement was delivered to the registered office or the registered
 agent of the Company or that it was mailed in such time as to admit to its being delivered
 to the registered office or the registered agent of the Company in the normal course of delivery
 within the period prescribed for service and was correctly addressed and the postage was
 prepaid.

---

| | |
|:---|:---|
| **22** | **Voluntary winding up** |
|  | The Company may by a Resolution of Members or by a Resolution of Directors appoint a voluntary liquidator. |

---

We, Bolder Corporate Services (BVI) Limited, Sea Meadow House, Road Town, Tortola, British Virgin Islands, in our capacity as registered agent for the Company hereby sign these Articles of Association on behalf of the Company this on [ ] January 2026.

Incorporator

**Signed Alicia Davies and Marsha Fahie**

---

| |
|:---|
| Authorised Signatories |
| Bolder Corporate Services (BVI) Limited |
| Sea Meadow House |
| Road Town, Tortola |
| British Virgin Islands |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**MKDWELL Tech Inc. Announces Share Combination on a Thirty-to-one Basis as Part of Strategic Nasdaq Compliance Initiative**

Hsinchu, Taiwan, Jan. 22, 2026 (GLOBE NEWSWIRE) — MKDWELL Tech Inc. (the "**Company**") (Nasdaq: MKDW), an automotive electronics manufacturer, today announced that its Board of Directors has approved a share combination on its ordinary shares and the Class A Preferred Shares on a thirty-to-one basis (the "**Share Combination**"). The Company will file an amended and restated memorandum and articles of association with the BVI Registry of Corporate Affairs to effect the Share Combination. The Share Combination will take effect at 9:00 a.m., Eastern Time, on January 26, 2026 (the "**Effective Time**").

The ordinary shares will continue to trade on The Nasdaq Capital Market under the existing symbol "MKDW" and will begin trading on a split-adjusted basis when the market opens on January 26, 2026. The new CUSIP number for the ordinary share following the Share Combination will be G6209W124.

At the Effective Time, every 30 shares of the Company's issued ordinary shares will be automatically reclassified and combined into 1 ordinary share with no par value. As a result of the Share Combination, the number of issued ordinary shares will reduce from 141,039,933 shares to approximately 4,701,332 shares, and the number of ordinary shares outstanding will reduce from 106,459,933 to approximately 3,548,665 shares. No fractional shares will be issued in connection with the Share Combination and fractional amounts will be rounded up to the nearest whole number at the participant level.

Additionally, at the Effective Time, proportionate adjustments will be made, based on the thirty-to-one ratio, to (i) the number of ordinary shares issuable upon exercise of the Company's outstanding warrants to purchase one ordinary share (the "**Warrants**"), including a proportional decrease in the number of ordinary shares issuable upon exercise of each Warrant and a corresponding proportional increase in the exercise price of each Warrant, (ii) the conversion price of the Company's outstanding convertible promissory note, which will be proportionately increased, and (iii) the number of ordinary shares issuable upon conversion of the right.

The Share Combination is a proactive measure as part of the Company's strategic plan to regain compliance with Nasdaq's continued listing requirements, while also strengthening the Company's long-term capital structure.

**About MKDWELL Tech Inc.**

Through our operating subsidiaries, we are a manufacturer and supplier of automotive electronics for passenger cars, modified commercial vehicles, camper vans and logistics vehicles. Our business coverage extends across the spectrum of research and development, design, production and sales of automotive electronic products. Our main products are intelligent camper vans control systems, LiDAR sensors, intelligent container control systems for logistics vehicles, vehicle seat control system, and we provide customers with ODM and OEM customized services. We design, manufacture and supply our products to our customers through our design center located in Hsinchu Science Park, Taiwan and our manufacturing plant in Jiaxing Science and Technology City, Jiaxing City, Zhejiang Province, China. Our customers are mainly based in Mainland China and Taiwan.

**Safe Harbor Statement**

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as the Company's strategic and operational plans, contain forward-looking statements. MKDWELL Tech Inc. may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, such as expectations with regard to revenue, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, the ability of the Company to execute against its goals, financial condition and results of operations; the Company's expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company's investment plans and strategies, fluctuations in the Company's quarterly operating results; competition in its industry; changing macroeconomic and geopolitical conditions, including evolving international trade policies and the implementation of increased tariffs, import restrictions, and retaliatory trade actions; and relevant government policies and regulations relating to the Company. Further information regarding these and other risks is included in the Company's filings with the SEC. The Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

**For further information, please contact:**

MKDWELL Tech Inc.

Email: <u>ir@mkdwell.com</u>