Xianguo Li acquired 50.1% stake in KMT Global Holdings Inc. (KMTG) from KMT Global Resources Corp. on February 15, 2017. KMT Group Resources transferred 175 million shares of KMTG common stock to Xianguo Li in exchange for 10 shares of common stock in StarPower ON Systems Inc. Xianguo Li completed the acquisition of 50.1% stake in KMT Global Holdings Inc. from KMT Global Resources Corp. on February 15, 2017.