Company Overview - MKDWELL Tech Inc. is an automotive electronics manufacturer specializing in products for passenger cars, modified commercial vehicles, camper vans, and logistics vehicles [2] - The company engages in research and development, design, production, and sales of automotive electronic products, including intelligent camper van control systems, LiDAR sensors, and vehicle seat control systems [2] - MKDWELL Tech Inc. operates a design center in Hsinchu Science Park, Taiwan, and a manufacturing plant in Jiaxing, Zhejiang Province, China, serving customers primarily in Mainland China and Taiwan [2] Compliance Update - On February 24, 2026, MKDWELL Tech Inc. received a notice from Nasdaq confirming that the company has regained compliance with Listing Rule 5550(a)(2) [1] - The compliance was achieved as the closing bid price of the company's ordinary shares was at $1.00 or greater for the last 20 consecutive business days from January 26, 2026, to February 23, 2026 [1]

Core Viewpoint - MKDWELL Tech Inc. has announced a thirty-to-one share combination for its ordinary shares and Class A Preferred Shares, effective January 26, 2026, as part of a strategic plan to regain compliance with Nasdaq's listing requirements and strengthen its long-term capital structure [1][5]. Share Combination Details - The share combination will reduce the number of issued ordinary shares from 141,039,933 to approximately 4,701,332, and the number of ordinary shares outstanding will decrease from 106,459,933 to approximately 3,548,665 [3]. - The ordinary shares will continue to trade on The Nasdaq Capital Market under the symbol "MKDW" on a split-adjusted basis starting January 26, 2026, with a new CUSIP number G6209W124 [2][3]. Adjustments Related to the Share Combination - Proportionate adjustments will be made to the number of ordinary shares issuable upon exercise of outstanding warrants, the conversion price of convertible promissory notes, and the number of ordinary shares issuable upon conversion of rights, all based on the thirty-to-one ratio [4]. Company Overview - MKDWELL Tech Inc. is an automotive electronics manufacturer, providing products such as intelligent camper van control systems, LiDAR sensors, and vehicle seat control systems, with operations based in Taiwan and China [6].

Core Viewpoint - MKDWELL Tech Inc. reported significant revenue growth in the first half of 2025, primarily driven by increased orders from key customers, while maintaining stable losses year-on-year [3][7]. Financial Highlights - Total revenues for the first half of 2025 were US$1.37 million, an increase of 68.3% from US$0.81 million in the same period of 2024 [7]. - Revenues from sales of manufactured electronic products rose by US$0.61 million, or 102.8%, from US$0.59 million in the first half of 2024 to US$1.20 million in the first half of 2025 [5]. - Revenues from commissioned processing services increased by US$0.09 million, or 128.9%, from US$0.07 million in the first half of 2024 to US$0.16 million in the first half of 2025 [6]. - Gross profit for the first half of 2025 was US$0.09 million with a gross profit margin of 6.5%, compared to US$0.07 million and a margin of 8.2% in the same period of 2024 [7][11]. - The net loss for the first half of 2025 was US$1.70 million, a decrease of 1.5% from US$1.73 million in the first half of 2024 [24]. Cost and Expenses - Cost of revenues increased by US$0.53 million, or 71.5%, from US$0.74 million in the first half of 2024 to US$1.28 million in the first half of 2025 [9]. - Selling expenses rose by US$0.02 million, or 15.7%, from US$0.11 million in the first half of 2024 to US$0.13 million in the first half of 2025 [12]. - General and administrative expenses decreased by US$0.09 million, or 7.8%, from US$1.15 million in the first half of 2024 to US$1.06 million in the first half of 2025 [14]. - Research and development expenses slightly increased by US$0.03 million, or 9.0%, from US$0.35 million in the first half of 2024 to US$0.38 million in the first half of 2025 [16]. Liquidity and Capital Resources - As of June 30, 2025, the company had accumulated deficits of US$15.14 million, with a working capital surplus of US$2.96 million [25]. - The company plans to finance future working capital requirements through cash generated from operations and may seek additional financing if necessary [26]. Company Overview - MKDWELL Tech Inc. is a manufacturer and supplier of automotive electronics, with operations in Mainland China and Taiwan, focusing on research, development, design, and production of automotive electronic products [31].