☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 OR For the fiscal year ended December 31, 2024 FORM 20-F ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________. OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 1 ...

Exhibit 99.1 HITEK GLOBAL INC. INC. AND SUBSIDIARIES INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS | | Page(s) | | --- | --- | | Condensed Consolidated Balance Sheets as of June 30, 2024 and December 31, 2023 | F-2 | | Unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income for the Six Months | | | Ended June 30, 2024 and 2023 | F-3 | | Unaudited Condensed Consolidated Statements of Changes in Shareholders' Equity for the Six Months Ended June 30, | | | 202 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of Each Class Trading Symbol Name of Each Exchange On Which Registered Class A Ordinary Shares, par value US$0.0001 per share HKIT NASDAQ Capital Market FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTI ...

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. A short squeeze doesn’t appear to be the culprit here, as short interest as a percentage of float was just 0.21% based on the latest update as of Jan. 12.It’s worth pointing out that Hitek has a float of just 5.76 million shares. Meanwh ...

Exhibit 99.1 INDEX TO FINANCIAL STATEMENTS HITEK GLOBAL INC. AND SUBSIDIARIES | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | Page | | INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS | | | | | | Unaudited Condensed Consolidated Balance Sheets as of June 30, 2023 and December 31, 2022 | F-2 | | Unaudited Condensed Consolidated Statements of Operations and Comprehensive I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of Each Class Trading Symbol Name of Each Exchange On Which Registered Ordinary shares, par value US$0.0001 per share HKIT NASDAQ Capital Market FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _____________. OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION ...