MKDWELL Tech Collaborates With Sensor Electronics To Jointly Develop Agricultural Machinery Automation Control System, Related Electronic Integration Solutions

MKDWELL Tech Inc. (NASDAQ:MKDW) ("the Company" or "MKDW"), an automotive electronics manufacturer, today announced that, through its operating subsidiary, it has entered into a cooperation letter of intent with Sensor Electronics Co., Ltd., headquartered in Wuhan, Hubei Province, China ("Sensor Electronics"), regarding the joint development of an agricultural machinery automation control system and related electronic integration solutions. Pursuant to this letter of intent, both parties will collaborate on the development and deployment of (i) Beidou terminal products (including high-precision positioning modules, antennas, 4G/5G communication modules and IMU components) and (ii) central integrated controllers for agricultural machinery (including ECU core processing modules and related interfaces), with a focus on precision operation and remote monitoring capabilities. The letter of intent also outlines each party's proposed responsibilities in areas such as hardware design and manufacturing, software algorithm and application development, testing and verification, and market development. The letter of intent is is not binding and is intended to serve as a framework for cooperation, and the parties expect to enter into a definitive agreement setting forth delivery timelines, unit purchase prices, and technical acceptance standards.