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Hitek to acquire Ju Fu Limited for $20 million

PUBLIC · BDAIAug 03, 2026

Acquiring Company

Hitek Global

Acquired Company

Ju Fu Limited

XiamenBritish Virgin IslandsInformation TechnologyConsultingAdvertisingMarketing

Description

Hitek Global Inc. has entered into a Share Purchase Agreement to acquire Ju Fu Limited. The total purchase price is US$20,000,000, including cash and shares. This acquisition is aimed at expanding Hitek's business segments in advertising and digital marketing. The transaction is expected to close in two stages, with the first closing projected around August 11, 2026.

Company Information

Company

Hitek Global

Location

Xiamen, Fujian, China

About

Hitek Global Inc. is an information technology consulting and solutions provider in China. The Company operates two lines of business: services for small and medium-sized businesses and services for large businesses. Its vision is to become a one-stop destination for comprehensive IT consulting and other business consulting services in China.

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Frequently asked

Who acquired Ju Fu Limited?

Ju Fu Limited was acquired by Hitek Global, based in Xiamen. The deal was reported on August 3, 2026. Hitek Global Inc. is an information technology consulting and solutions provider in China. The Company operates two lines of business: services for small and medium-sized businesses and services for large businesses. Hitek Global is publicly traded (BDAI) and operates in Information Technology.

When did Hitek Global acquire Ju Fu Limited?

Hitek Global's acquisition of Ju Fu Limited was reported on August 3, 2026. Hitek Global Inc. has entered into a Share Purchase Agreement to acquire Ju Fu Limited. The total purchase price is US$20,000,000, including cash and shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ju Fu Limited do?

Ju Fu Limited operates an advertising and digital marketing business through its subsidiaries. The company provides media planning and buying, advertising campaign management, performance marketing, data analytics, technology support, and related services. It is privately held, operating in Advertising, and is based in British Virgin Islands.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.