• HiTek Global entered a share purchase agreement on Aug. 3, 2026 to buy Ju Fu Limited, a British Virgin Islands company.
• Ju Fu runs an advertising and digital marketing business under the Beijing Fourth Coco brand through subsidiaries in Hong Kong and Beijing.
• Purchase price totals USD 20 million: up to USD 14 million cash, including up to USD 3 million deferred, and 4,000,000 Class A shares.
• Deal set to close in two stages; first closing targeted on or around Aug. 11, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HiTek Global Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608030845PR_NEWS_USPR_____CN16626) on August 03, 2026, and is solely responsible for the information contained therein.