中概股收盘跌幅居前的个股为：博美集团跌38.08%，联代科技跌33.65%，华谌科技跌21.29%，惠普森医药跌 19.99%，MKDWELL Tech跌17.93%。(格隆汇) | 代码 | 名称 | 最新价 | 涨跌幅 ^ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | BGM | 博美集团 | 1.480 | -38.08% | -0.910 | 66.15万 | | WTO | 联代科技 | 0.730 | -33.65% | -0.370 | 274.46万 | | HCAI | 华谌科技 | 0.2440 | -21.29% | -0.0660 | 75.63万 | | CPHI | 惠普森医药 | 0.7281 | -19.99% | -0.1819 | 6.86万 | | MKDW | MKDWELL Tech | 2.380 | -17.93% | -0.520 | 173.67万 | ...

At 7:55 a.m. ET on Wednesday, premarket trading is seeing notable activity in several stocks, with early price movements signaling potential opportunities before the opening bell.For active traders, premarket trading offers a head start in spotting potential breakouts, reversals, or sharp price swings. These early moves often indicate where momentum may carry into the regular session, making premarket analysis a key part of the trading day.In the Green - Premarket GainersThe following stocks are trading hi ...

中概股收盘跌幅居前的个股为：铭腾国际跌26.44%，Elong Power 跌26.38%，MKDWELL Tech跌25.43%，Rich Sparkle Holdings 跌23.66%，慧悦财经跌19.02%。(格隆汇) | 代码 | 名称 | 最新价 | 涨跌幅 ^ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | MTEN | 铭腾国际 | 0.0217 | -26.44% | -0.0078 | 391.32万 | | ELPW | Elong Power | 1.200 | -26.38% | -0.430 | 68.99万 | | MKDW | MKDWELL Tech | 0.1161 | -25.43% | -0.0396 | 49.35万 | | ANPA | Rich Sparkle Holdings | 52.710 | -23.66% | -16.340 | 2014.59万 | | INTJ | 慧悦财经 | 0.3320 | -19.02% | -0.0780 | 8.56万 | ...

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 wil ...

Hsinchu, Taiwan, Jan. 02, 2026 (GLOBE NEWSWIRE) -- MKDWELL Tech Inc. (NASDAQ: MKDW) (“MKDWELL” or the “Company”), an automotive electronics manufacturer, today announced that it has entered into stock repurchase agreements with certain shareholders, pursuant to which the Company has agreed to repurchase 34,580,000 ordinary shares at a price of US$0.203 per share, for an aggregate purchase price of approximately US$7 million, through a privately negotiated transaction (the “Share Repurchase”). The purchase p ...

New York, Dec. 29, 2025 (GLOBE NEWSWIRE) -- MKDWELL Tech Inc. (the “Company”, “we”, “our”, or “us”) (Nasdaq: MKDW), a business company incorporated in the British Virgin Islands (“BVI”) with operations in Mainland China and Taiwan, today announced its unaudited financial results for the six months ended June 30, 2025. First Half 2025 Financial Highlights ●Total revenues in the first half of 2025 were US$1.37 million, representing an increase of 68.3% from US$0.81 million in the same period of 2024. ●Gross ...

Market Conditions and Economic Impact - MKD's sales and profitability are directly affected by automotive vehicle production and demand, which have been challenged globally [60]. - Recent economic conditions, including inflation and interest rate fluctuations, have negatively impacted MKD's sales and financial performance in 2023 and 2024 [74]. - Economic uncertainties, including job loss and higher consumer debt, may lead to a decline in consumer spending, adversely affecting MKD's financial condition [92]. - China's slow recovery from the Covid pandemic and associated economic issues have negatively impacted demand for MKD's products in 2023 and 2024 [93]. - A prolonged period of depressed consumer spending could materially affect MKD's business and increase operating expenses [94]. - The cyclical nature of the RV and camper van industry may result in operating losses during economic downturns, influenced by factors such as financing availability and consumer confidence [95]. Operational Challenges - MKD's manufacturing efficiency is crucial for future profitability, and any delays or technical issues could lead to significant revenue loss [76]. - A shortage of materials, particularly microprocessors, could disrupt MKD's production schedule and adversely affect financial results [67]. - Disruptions in the supply of raw materials could materially increase operating costs and decrease profit margins for MKD [87]. - The ongoing global semiconductor supply shortage has had limited impact on MKD's operations due to the availability of substitute components [91]. - The company may face challenges in attracting and retaining qualified personnel, which is essential for its operational success [83]. - MKD's business may be adversely affected by obsolete inventories due to changes in demand and product life cycles, which could lead to excess inventory and operational impacts [84]. Competitive Landscape - The automotive market is highly competitive, with MKD facing pressure from both electric vehicle manufacturers and traditional automotive companies [65]. - The company is under continuous pressure to reduce product prices, which could impact growth and profit margins [78]. - MKD's ability to innovate and develop new products is critical, as failure to do so may result in decreased sales and loss of market share [79]. Regulatory and Compliance Risks - Legal proceedings and disputes could have a material adverse effect on MKD's profitability and financial position [73]. - The PRC government's oversight may influence MKD's operations, potentially resulting in material adverse changes and affecting the value of the company's securities [102]. - MKD's operations are significantly impacted by PRC laws and regulations, which may evolve and affect the company's ability to offer securities and its overall business prospects [110]. - The company submitted the required filing with the CSRC on September 21, 2023, in connection with its business combination, but future regulatory changes may impose additional requirements [122]. - If identified as a Commission-Identified Issuer under the HFCAA, MKD's securities could be prohibited from trading in the U.S. for two consecutive years, significantly impacting capital raising efforts [114]. - The PRC government has indicated an intent to exert more oversight over overseas listings, which may materially change MKD's operations and limit its ability to offer securities to foreign investors [113]. - MKD may face significant penalties if it fails to obtain necessary licenses or if its compliance status is misjudged, potentially affecting its business operations and financial condition [119]. - Regulatory restrictions on loans and capital contributions to PRC subsidiaries may hinder MKD's liquidity and ability to fund business expansion [127]. - Future changes in PRC regulations could impose additional requirements on MKD, affecting its ability to conduct business operations and impacting the trading price of its securities [124]. - SAFE Circular 19 restricts the use of RMB capital converted from foreign currency for certain financial activities, potentially impacting liquidity and business expansion in China [129]. - The ability to provide financial support to PRC subsidiaries is uncertain due to regulatory requirements for government registrations and approvals [130]. - PRC regulations require approvals for converting RMB to foreign currency for capital expenses, affecting the company's ability to pay debts in foreign currencies [132]. - The company may face penalties for failing to make adequate contributions to employee benefit plans as mandated by PRC regulations [134]. - Regulatory compliance is critical for MKD's operations in the PRC, with potential penalties for non-compliance impacting business operations [139]. - Taiwan regulations restrict dividend payments to accumulated profits, which may affect the company's liquidity requirements [144]. - Foreign exchange controls in Taiwan may impact the ability to repatriate dividends or make payments to the company [145]. - Approval from Taiwan authorities is required if shareholding thresholds are met, with penalties for non-compliance [147]. - MKD's products are subject to consumer protection regulations in Taiwan, with potential liabilities for non-compliance affecting business results [148]. Financial and Market Risks - The Company received a deficiency notice from Nasdaq on November 14, 2024, indicating that its Market Value of Publicly Held Shares (MVPHS) was below the required minimum of $15 million for continued listing [153]. - The Company has until May 13, 2025, to regain compliance with the MVPHS Requirement by closing at $15 million or more for a minimum of ten consecutive business days [153]. - On February 10, 2025, the Company received a deficiency letter for not maintaining a minimum bid price of $1.00 per share for its Ordinary Shares, with a compliance period until August 11, 2025 [154]. - The Company was notified on September 19, 2024, that it was no longer in compliance with the minimum Market Value of Listed Securities (MVLS) of $50 million, leading to an application for transfer to the Nasdaq Capital Market [155]. - The transfer of the Company's Ordinary Shares to the Nasdaq Capital Market was approved and took effect on March 25, 2025 [155]. - The Company may need to raise additional funding through dilutive equity investments or conduct reverse stock splits to meet Nasdaq's listing standards [157]. - The Company faces uncertainty regarding the development of an active trading market for its Ordinary Shares, which may affect liquidity and market price [158]. - The Company's share price may be volatile due to actual or perceived changes in financial results and market conditions [160]. - The Company may issue additional ordinary shares or convertible securities without shareholder approval, potentially diluting existing ownership interests [164]. - The Company does not expect to pay any cash dividends in the near future, as it plans to retain most of its available funds for business development and growth [174]. - The Company's Board has complete discretion regarding dividend distribution, which will depend on future operational results, cash flow, and other relevant factors [175]. - The Company is a foreign private issuer and is exempt from certain U.S. securities regulations, which may result in less timely and extensive information being available to shareholders compared to U.S. domestic companies [177][178]. - If the Company loses its foreign private issuer status, it will incur substantial costs to comply with additional regulatory requirements [179]. - The Company may face difficulties for shareholders in protecting their interests due to its incorporation under BVI law, which offers less protection compared to U.S. laws [191][195]. - Shareholders have limited rights under BVI law to inspect corporate documents, which may hinder their ability to obtain necessary information for shareholder actions [194]. - The Company may not have standing to initiate derivative actions in U.S. federal courts, limiting shareholders' ability to seek legal recourse [196]. - The trading market for the Company's securities could be affected by recent market volatility, including high short interest and retail investor interest [171]. - A potential "short squeeze" could lead to price volatility in the Company's Ordinary Shares, which may not correlate with its operating performance [172]. - The Company may publish its results through press releases, but the information provided will be less extensive than that required for U.S. domestic issuers [178]. - The Company is classified as an "emerging growth company" and will remain so until it has total annual gross revenue of at least $1.235 billion or the market value of its shares held by non-affiliates exceeds $700 million [199]. - The Company may take advantage of exemptions from various reporting requirements, which could make its securities less attractive to investors and lead to a less active trading market [203]. - The Company is not subject to regulatory supervision by the Financial Services Commission of the British Virgin Islands, which means shareholders are not protected by regulatory inspections [207]. - The Company anticipates significant legal, accounting, and compliance costs associated with being a public company, which may materially increase its general and administrative expenses [210]. - The Company's ability to service its debt obligations will depend on future operating performance and may require it to take actions that could adversely affect its business [215]. - The market price of the Ordinary Shares is expected to be highly volatile following the business combination with Cetus Capital, influenced by earnings compared to market expectations [217]. - The Company may incur substantial costs from stockholder litigation and regulatory inquiries, which could divert management's attention and adversely affect its operations [209]. - The Company has provisions in its memorandum and articles of association that could impair takeover attempts, potentially depriving shareholders of opportunities to sell shares at a premium [216]. - The Company is required to establish and maintain effective internal control over financial reporting, which may strain its financial and management systems [213]. - The Company may face challenges in attracting and retaining qualified individuals for its board of directors and executive positions due to increased costs of liability insurance [212]. - The company's stock price has experienced extreme fluctuations, which may not correlate with its actual operating performance [218]. - Future sales of shares by shareholders could adversely affect the market price of the company's Ordinary Shares [220]. - The company faces risks related to the inability to maintain its listing on Nasdaq and to recognize anticipated benefits from business combinations [221]. Currency and Interest Rate Risks - The company's revenues and costs are primarily denominated in Renminbi and New Taiwan Dollars, limiting direct foreign exchange risk [496]. - The value of the Renminbi against the U.S. dollar is subject to government policies and international developments, which could lead to significant fluctuations [497]. - Appreciation of the Renminbi against the U.S. dollar could adversely affect the amount received from conversions for operational needs [498]. - The company has not been exposed to material risks from changes in market interest rates but may face such risks in the future [499]. - Investments in fixed and floating rate interest-earning instruments carry interest rate risk, affecting the fair market value and income generation [500].

Financial Performance - Total revenues for the first half of 2024 were US$0.81 million, a decrease of 61.3% from US$2.10 million in the same period of 2023 [2][9] - Gross profit decreased to US$0.07 million with a gross profit margin of 8.2%, down from US$0.32 million and 15.2% respectively in the first half of 2023 [2][16] - Loss from operations increased to US$1.54 million, an increase of 83.4% from US$0.84 million in the same period of 2023 [2][29] - Net loss for the first half of 2024 was US$1.73 million, representing a 77.8% increase from US$0.97 million in the same period of 2023 [2][29] Revenue Breakdown - Sales of manufactured electronic products decreased by US$0.55 million, or 48.1%, from US$1.14 million in the first half of 2023 to US$0.59 million in 2024 [9][10] - Revenues from commissioned processing services fell by US$0.67 million, or 90.3%, from US$0.74 million in 2023 to US$0.07 million in 2024 [10] - Rental income decreased by US$0.05 million, or 27.9%, from US$0.16 million in 2023 to US$0.11 million in 2024 [11] - Other revenues decreased by US$0.03 million, or 44.0%, from US$0.06 million in 2023 to US$0.03 million in 2024 [12] Cost and Expenses - Cost of revenues decreased by US$1.04 million, or 58.2%, from US$1.78 million in the first half of 2023 to US$0.74 million in 2024 [14] - General and administrative expenses increased by US$0.48 million, or 71.7%, from US$0.67 million in 2023 to US$1.15 million in 2024, primarily due to increased professional service fees related to the business combination with Cetus Capital [19] - Research and development expenses slightly decreased by US$0.03 million, or 8.3%, from US$0.38 million in 2023 to US$0.35 million in 2024 [21] Business Developments - The company terminated a key customer relationship in 2024 due to a mismatch in price expectations, leading to a decrease in sales revenue [3] - Following the completion of the business combination with Cetus Capital in July 2024, the management team plans to focus on business and customer development [4][5] - The company is actively seeking new customers and has established cooperation with new clients in the second half of 2024 [10] Financial Position - As of June 30, 2024, the company had accumulated deficits of US$12.62 million and a working capital deficit of US$4.84 million [30] - Total assets decreased from US$9.17 million as of December 31, 2023, to US$8.17 million as of June 30, 2024 [36][37] - Total liabilities increased from US$8.84 million as of December 31, 2023, to US$9.49 million as of June 30, 2024 [37]

Business Combination and Corporate Structure - The Company completed its Business Combination on July 31, 2024, and is now a holding company for MKD and Cetus Capital[20]. - The Company has a 62.36% ownership in MKD Taiwan following the Business Combination[24]. - The Company is authorized to issue a maximum of 100,000,000 shares with a par value of US$0.0001 each[10]. - The Company’s ordinary shares and warrants are listed on Nasdaq under the symbols "MKDW" and "MKDWW," respectively[41]. - The Company has a corporate headquarters in Hsinchu Science Park, Taiwan, and a manufacturing facility in Jiaxing City, Zhejiang Province, PRC[25]. - The Company’s executive officers and directors collectively own 32.40% of the ordinary shares[39]. - The company has a business combination agreement in place, indicating strategic moves towards expansion and potential market growth[66]. Financial Instruments and Shareholder Information - The Company issued a convertible promissory note with a principal amount of RMB35,000,000 (approximately $4.8 million) at an interest rate of 10% per annum, which can be converted into ordinary shares at a price not lower than $2.00[21]. - The convertible note financing closed on August 12, 2024, with additional shares to be issued upon regulatory approval[21]. - As of August 1, 2024, there are 16,788,342 ordinary shares outstanding, including 6,036,875 warrants exercisable at $11.50 per share[35][10]. - As of August 1, 2024, the company had 16,788,342 ordinary shares and 6,036,875 warrants outstanding, with warrants expiring on July 31, 2029[62]. - The Company has not paid any dividends to shareholders and will consider a dividend policy in the future based on financial conditions[51]. Financial Performance and Projections - MKDWELL TECH INC. reported a significant increase in revenue, achieving $150 million for Q2 2024, representing a 25% year-over-year growth[69]. - MKDWELL TECH INC. anticipates a revenue guidance of $180 million for Q3 2024, indicating a projected growth of 20%[69]. - MKDWELL TECH INC. reported a net profit margin of 12% for Q2 2024, an increase from 10% in Q2 2023[69]. - Customer retention rate improved to 85%, up from 80% in the previous quarter, reflecting enhanced user satisfaction[69]. Market Expansion and Investment - The company is investing $10 million in R&D for new product development, focusing on AI-driven technologies[69]. - MKDWELL TECH INC. plans to enter two new international markets by the end of 2024, aiming for a 15% increase in global market share[69]. - The company has completed a strategic acquisition of a smaller tech firm for $25 million, expected to enhance its product offerings[69]. - The company is implementing a new marketing strategy with a budget of $5 million to boost brand awareness and customer engagement[69]. Risk Management and Financial Oversight - The company has not hedged against foreign exchange risks, as its revenues and costs are primarily in Renminbi and New Taiwan Dollars, limiting direct foreign exchange exposure[57]. - The value of the Renminbi against the U.S. dollar is subject to fluctuations due to government policies and international developments, which may impact the company's financial performance[58]. - The company has not been exposed to material risks from changes in market interest rates and has not used derivative financial instruments for interest rate risk management[60]. - The audited consolidated financial statements of MKDWELL Limited and MKDWELL Tech Inc. for the years ended December 31, 2023, and 2022 are incorporated by reference, indicating ongoing financial oversight[65]. - The company is exempt from certain SEC reporting requirements as a foreign private issuer, which may affect the frequency and promptness of its financial disclosures[55]. - The company is subject to the informational requirements of the Exchange Act, necessitating the filing of reports with the SEC[55]. - The company has not disclosed any significant subsidiary information, indicating a focus on its primary operations[56].