---
title: "HiTek Global enters US$20 million deal to buy Beijing Fourth Coco owner Ju Fu Limited"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295151278.md"
description: "HiTek Global Inc. has entered a share purchase agreement to acquire Ju Fu Limited, the owner of Beijing Fourth Coco's advertising and digital marketing business, for USD 20 million. The consideration includes up to USD 14 million in cash (USD 11 million at closing, up to USD 3 million deferred based on performance) and 4,000,000 Class A ordinary shares. The transaction is structured in two stages, with the first closing expected around August 11, 2026."
datetime: "2026-08-06T22:16:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295151278.md)
  - [en](https://longbridge.com/en/news/295151278.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295151278.md)
generator: "portal-rs"
---

# HiTek Global enters US$20 million deal to buy Beijing Fourth Coco owner Ju Fu Limited

-   HiTek Global entered a share purchase agreement to buy Ju Fu Limited, owner of the Beijing Fourth Coco advertising and digital marketing business. \* Purchase price set at USD 20 million, split between up to USD 14 million in cash and 4,000,000 Class A ordinary shares. \* Cash includes USD 11 million due at two closings, with up to USD 3 million deferred based on performance targets. \* Deal structured in two stages, with the first closing expected 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-086241), on August 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [HKIT.US](https://longbridge.com/en/quote/HKIT.US.md)

## Related News & Research

- [Ample Cocoa Supplies Pressure Prices](https://longbridge.com/en/news/297810358.md)
- [Cocoa Prices Surge on West African Crop Risks](https://longbridge.com/en/news/297360032.md)
- [Cocoa Futures Surge Past 6500 as Supply Fears Mount for the 2026/27 Crop](https://longbridge.com/en/news/297534411.md)
- [Supply Fears Push Cocoa Prices to 11-Month Highs](https://longbridge.com/en/news/297351674.md)
- [Healthy cocoa stocks should soften impact of weather risks, Mondelez says](https://longbridge.com/en/news/297756268.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**