Acquiring Company
Hitek Global
Acquired Company
Ju Fu Limited
Xiamen
British Virgin IslandsInformation TechnologyConsultingAdvertisingMarketingDescription
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.
M&A Insights
Based on deal dataFrequently 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 (HKIT) 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.