MKDWELL Tech Inc. (the "Company") (NASDAQ:MKDW), an automotive electronics manufacturer, today announced that its Board of Directors has approved a Reverse Share Split on its ordinary shares and class A preferred shares on a one-for-twenty basis (the "Reverse Share Split"). The Reverse Share Split will take effect at 9:00 a.m., Eastern Time, on November 18, 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 November 18, 2026. The new CUSIP number for the ordinary share following the Reverse Share Split will be G6209W132.

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