HiTek Global is a small IT services and solutions company based in Xiamen, China, operating through a VIE structure. HiTek serves two customer groups: SMEs and large businesses. For SMEs, HiTek sells and services Anti-Counterfeiting Tax Control System (ACTCS) devices — primarily the "Golden Tax Disk," a hardware device required for VAT invoicing compliance under Chinese tax law — along with annual maintenance and support. For large businesses, HiTek resells computer hardware (laptops, printers, servers, cameras, and safety monitoring equipment) and sells its own Communication Interface System (CIS) software, an embedded data-collection tool used by petrochemical and coal companies to monitor industrial equipment. Hardware resale has become the dominant revenue stream, representing roughly 94% of FY25 revenue. HiTek's hardware business is a low-margin resale model: HiTek sources hardware from third-party suppliers and resells it, with margins driven by procurement terms. CIS software is sold on a one-time basis with no recurring revenue. The ACTCS segment faces structural decline, as China has been rolling out a free government electronic invoicing system since 2018, eroding both device sales and annual service fees. HiTek's ACTCS business is also geographically restricted to Xiamen by the State Taxation Bureau. The business is highly concentrated — two customers accounted for 77% of FY25 revenue combined. HiTek's growth strategy includes geographic expansion of its hardware and software businesses beyond Xiamen, expanding into larger commercial hardware systems, and offering IT outsourcing through an online platform.