FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Li Tingmin
2. Issuer Name and Ticker or Trading Symbol

BEFUT International Co., Ltd. [ BFTI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

27TH FLOOR, LIANGJIU INTERNATIONAL TOWER, 5 HEYI STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

11/4/2010
(Street)

DALIAN, F4 116011
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   (1) 11/4/2010     D (1)    6400000   (1) D   (1) 6180740   (1) I   (2) By BEFUT International Co. Limited   (1)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Mr. Hongbo Cao and Mr. Tingmin Li, two individual shareholders of Befut BVI (the "Transferors") and twelve individuals, as set forth on the Stock Transfer Agreement ("Transferees") entered into a Stock Transfer Agreement in August 2010, pursuant to which the Transferors transferred and assigned an aggregate of 12,800,000 shares of the Company's common stock, par value $0.001 per share ("Common Stock") they own indirectly through Befut BVI, to the Transferees for good and valuable consideration ("Share Transfer"). The Share Transfer was completed on November 4, 2010.The Share Transfer completed on November 4, 2010. According to the Stock Transfer Agreement, Mr. Tingmin Li is deemed to indirectly dispose 6,400,000 shares of Common Stock to the Transferees.
( 2)  Befut BVI now directly owns 13,934,072 shares of the Issuer's Common Stock. Mr. Tingmin Li, through his approximately 44.4% ownership interest in Befut BVI, is therefore an indirect owner of 6,180,740 shares of the issuer's Common Stock, his indirect ownership in the issuer is diluted to approximately 20.8% .

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Li Tingmin
27TH FLOOR, LIANGJIU INTERNATIONAL TOWER
5 HEYI STREET
DALIAN, F4 116011

X


Signatures
/s/ Tingmin Li 9/26/2011
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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Befut Global (GM) (USOTC:BFTI)
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