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MKDWELL Tech Inc. designs, manufactures, and sells automotive electronics. The company's product portfolio includes intelligent RV control systems, LiDAR sensors, intelligent container control systems, and vehicle seat control systems; and telematics box, wireless charger, and refitted products. It offers automotive electronic products for passenger cars, modified commercial vehicles, RVs, and logistics vehicles. The company is based in Hsinchu City, Taiwan.

Hsinchu, Taiwan, July 17, 2026 (GLOBE NEWSWIRE) -- MKDWELL Tech Inc. ("MKDWELL" or the "Company") (Nasdaq: MKDW), an automotive electronics manufacturer, today announced that it has entered into a sale and purchase agreement (the "Agreement") to acquire the entire issued share capital of Landvision Inc.

Hsinchu, Taiwan, July 17, 2026 (GLOBE NEWSWIRE) -- MKDWELL Tech Inc. (“MKDWELL” or the “Company”) (Nasdaq: MKDW), an automotive electronics manufacturer, today announced that it has entered into a sale and purchase agreement (the “Agreement”) to acquire the entire issued share capital of Landvision Inc. (“Landvision BVI”), a British Virgin Islands holding company that owns 100% of Landvision Technology Limited (“Landvision HK”), a fast-growing developer and supplier of AI-enabled smart-home and Internet-of-Things (“IoT”) products. The acquisition (the “Acquisition”) will be satisfied entirely through the issuance of new shares of the Company, and represents a strategic step to diversify MKDWELL's business and broaden its technology platform into the high-growth consumer smart-home sector.

Institutional and Insider Ownership 70.0% of MKDWELL Tech shares are owned by institutional investors. 22.9% of MKDWELL Tech shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth. Profitability This table compares Daikin Industries and MKDWELL Tech's

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