Hitek Global Inc. provides information technology (IT) consulting and solutions to business in various industry sectors in China. It offers services to small and medium businesses, which consist of anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells hardware to large businesses, such as laptops, printers, desktop computers and related accessories, as well as Internet servers, cameras, and monitors. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.
XIAMEN, China , April 9, 2024 /PRNewswire/ -- Hitek Global Inc. (Nasdaq: HKIT) (the "Company"), a China-based information technology consulting and solutions service provider, today announced its financial results for the fiscal year ended December 31, 2023. Ms. Xiaoyang Huang, Chief Executive Officer and Director of Hitek Global Inc. commented, "During the year ended December 31, 2023, due to governmental policy adjustments, the service fee portion of our tax control business has been affected to some extent, resulting in a decline in overall revenue.
In certain pockets of the market, we're seeing some really interesting price action take shape. Two high-profile penny stocks that have been ripping recently are Hitek Global (NASDAQ: HKIT ) and MicroCloud Hologram (NASDAQ: HOLO ).
Shares of Hitek Global (NASDAQ: HKIT ) are surging higher today by nearly 300%, although the reasons behind the jump aren't exactly clear. The company operates as a holding company of several Chinese subsidiaries with a focus on information technology and technical consulting.
Hitek Global (NASDAQ: HKIT ) stock is rocketing higher on Thursday despite a lack of news from the company and heavy trading of its shares. HKIT stock is rallying this morning as more than 16 million of the company's shares trade hands.
XIAMEN, China , Nov. 7, 2023 /PRNewswire/ -- Hitek Global Inc. (Nasdaq: HKIT) (the "Company"), a China-based information technology consulting and solutions service provider, today announced its unaudited financial results for the six months ended June 30, 2023. Ms. Xiaoyang Huang, Chief Executive Officer and Director of Hitek Global Inc. commented, "We are proud to share our robust financial performance for the first half of fiscal year 2023, which underscores another six months of growth and profitability.