<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001503123</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000044488</seriesId>
        <classId>C000138395</classId>
      </seriesClassInfo>

    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>DBX ETF Trust</regName>
      <regFileNumber>811-22487</regFileNumber>
      <regCik>0001503123</regCik>
      <regLei>DNLQXYGHEZ10Q9SIK386</regLei>
      <regStreet1>875 Third Avenue</regStreet1>
      <regCity>New York</regCity>
      <regStateConditional regCountry="US" regState="US-NY"/>
      <regZipOrPostalCode>10022-6225</regZipOrPostalCode>
      <regPhone>212-454-4500</regPhone>
      <seriesName>Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF</seriesName>
      <seriesId>S000044488</seriesId>
      <seriesLei>549300VCRO2M1146OP28</seriesLei>
      <repPdEnd>2021-05-31</repPdEnd>
      <repPdDate>2020-08-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>35631720.65</totAssets>
      <totLiabs>19342.68</totLiabs>
      <netAssets>35612377.97</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>64176.20000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000138395" rtn1="9.82000000" rtn2="13.66000000" rtn3="3.40000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <commodityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </commodityContracts>
          <creditContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </creditContracts>
          <equityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </foreignExchgContracts>
          <interestRtContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </interestRtContracts>
          <otherContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="1215356.54000000" netUnrealizedAppr="1471744.07000000"/>
        <othMon2 netRealizedGain="312.02000000" netUnrealizedAppr="4067189.73000000"/>
        <othMon3 netRealizedGain="-38664.13000000" netUnrealizedAppr="1211277.61000000"/>
      </returnInfo>
      <mon1Flow redemption="-2860939.80000000" reinvestment="0.00000000" sales="0.00000000"/>
      <mon2Flow redemption="0.00000000" reinvestment="0.00000000" sales="0.00000000"/>
      <mon3Flow redemption="0.00000000" reinvestment="0.00000000" sales="0.00000000"/>


    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>KINGCLEAN ELECTRIC CO LTD</name>
        <lei>N/A</lei>
        <title>KINGCLEAN ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000022K3"/>
          <ticker value="603355"/>
          <other otherDesc="SEDOL" value="BX3G6N0"/>
        </identifiers>
        <balance>2300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10314.29000000</valUSD>
        <pctVal>0.028962654526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING WATERTEK INFORMATION TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>BEIJING WATERTEK INFORMATION TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001F11"/>
          <ticker value="300324"/>
          <other otherDesc="SEDOL" value="BD5CGN6"/>
        </identifiers>
        <balance>16016.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15664.60000000</valUSD>
        <pctVal>0.043986391510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xingyu Co.,Ltd</name>
        <lei>N/A</lei>
        <title>Changzhou Xingyu Automotive Lighting Systems Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000011H2"/>
          <ticker value="601799"/>
          <other otherDesc="SEDOL" value="B3WRRF3"/>
        </identifiers>
        <balance>2000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>48348.25000000</valUSD>
        <pctVal>0.135762486966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TANGSHAN JIDONG CEMENT CO LTD</name>
        <lei>3003008JAIR3NZT2IK64</lei>
        <title>TANGSHAN JIDONG CEMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GX5"/>
          <ticker value="000401"/>
          <other otherDesc="SEDOL" value="BD5CFH3"/>
        </identifiers>
        <balance>16256.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>42524.78000000</valUSD>
        <pctVal>0.119410110821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI BELLING CO LTD</name>
        <lei>N/A</lei>
        <title>SHANGHAI BELLING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XB6"/>
          <ticker value="600171"/>
          <other otherDesc="SEDOL" value="BP3RDB4"/>
        </identifiers>
        <balance>13900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>35894.92000000</valUSD>
        <pctVal>0.100793381532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huizhou Desay Sv Automotive Co</name>
        <lei>N/A</lei>
        <title>Huizhou Desay Sv Automotive Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000033C7"/>
          <ticker value="002920"/>
          <other otherDesc="SEDOL" value="BFY8GX9"/>
        </identifiers>
        <balance>6900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>70165.39000000</valUSD>
        <pctVal>0.197025287272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING SL PHARMACEUTICAL CO LTD</name>
        <lei>N/A</lei>
        <title>BEIJING SL PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001L31"/>
          <ticker value="002038"/>
          <other otherDesc="SEDOL" value="B02RJ67"/>
        </identifiers>
        <balance>18600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34021.58000000</valUSD>
        <pctVal>0.095533019526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flat Glass Group Co Ltd</name>
        <lei>300300BEL4RMXBKEA373</lei>
        <title>Flat Glass Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003HV0"/>
          <ticker value="601865"/>
          <other otherDesc="SEDOL" value="BHZG5M8"/>
        </identifiers>
        <balance>1500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5264.00000000</valUSD>
        <pctVal>0.014781377431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANGZHOU FIRST APPLIED MATERIAL CO LTD</name>
        <lei>N/A</lei>
        <title>HANGZHOU FIRST APPLIED MATERIAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001VX1"/>
          <ticker value="603806"/>
          <other otherDesc="SEDOL" value="BQ45PY1"/>
        </identifiers>
        <balance>5218.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>53442.17000000</valUSD>
        <pctVal>0.150066277643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOMA INTERNATIONAL ENGIN</name>
        <lei>N/A</lei>
        <title>SINOMA INTERNATIONAL ENGI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001LS3"/>
          <ticker value="600970"/>
          <other otherDesc="SEDOL" value="BP3RBX2"/>
        </identifiers>
        <balance>18400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16707.01000000</valUSD>
        <pctVal>0.046913491747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTONE INFORMATION INDUSTRY INC</name>
        <lei>N/A</lei>
        <title>WESTONE INFORMATION INDUSTRY INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CM6"/>
          <ticker value="002268"/>
          <other otherDesc="SEDOL" value="BD5CK89"/>
        </identifiers>
        <balance>10324.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33095.64000000</valUSD>
        <pctVal>0.092932968497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADDSINO CO LTD</name>
        <lei>N/A</lei>
        <title>ADDSINO CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DM5"/>
          <ticker value="000547"/>
          <other otherDesc="SEDOL" value="6354347"/>
        </identifiers>
        <balance>31100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>92070.13000000</valUSD>
        <pctVal>0.258534069467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINHUANET CO LTD</name>
        <lei>N/A</lei>
        <title>XINHUANET CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002G50"/>
          <ticker value="603888"/>
          <other otherDesc="SEDOL" value="BYW5ND4"/>
        </identifiers>
        <balance>8500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30884.05000000</valUSD>
        <pctVal>0.086722796287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WINNING HEALTH TECHNOLOGY GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>WINNING HEALTH TECHNOLOGY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000016F5"/>
          <ticker value="300253"/>
          <other otherDesc="SEDOL" value="B43XCJ6"/>
        </identifiers>
        <balance>40715.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>126002.95000000</valUSD>
        <pctVal>0.353817849810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLOBAL TOP E-COMMERCE CO LTD</name>
        <lei>N/A</lei>
        <title>GLOBAL TOP E-COMMERCE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000019L7"/>
          <ticker value="002640"/>
          <other otherDesc="SEDOL" value="BD5CFX9"/>
        </identifiers>
        <balance>33150.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36100.46000000</valUSD>
        <pctVal>0.101370540407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONSTELLIUM NV- CLASS A</name>
        <lei>N/A</lei>
        <title>BEIJING TIANTAN BIOLOGICA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WF9"/>
          <ticker value="600161"/>
          <other otherDesc="SEDOL" value="6116666"/>
        </identifiers>
        <balance>14209.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>87801.55000000</valUSD>
        <pctVal>0.246547843769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING YANJING BREWERY CO</name>
        <lei>N/A</lei>
        <title>BEIJING YANJING BREWERY CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S84"/>
          <ticker value="000729"/>
          <other otherDesc="SEDOL" value="6012827"/>
        </identifiers>
        <balance>35400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41341.26000000</valUSD>
        <pctVal>0.116086771949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COFCO BIOCHEMICAL CO LTD</name>
        <lei>300300CSR7RNP1P1CP32</lei>
        <title>COFCO BIOCHEMICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000ZR7"/>
          <ticker value="000930"/>
          <other otherDesc="SEDOL" value="BD5CBZ3"/>
        </identifiers>
        <balance>6200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9258.86000000</valUSD>
        <pctVal>0.025998993967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEFEI MEIYA OPTOELECTRONIC TECHNOLOGY INC</name>
        <lei>N/A</lei>
        <title>HEFEI MEIYA OPTOELECTRONIC TECHNOLOGY INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001JZ1"/>
          <ticker value="002690"/>
          <other otherDesc="SEDOL" value="BD5CHY4"/>
        </identifiers>
        <balance>4900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41737.59000000</valUSD>
        <pctVal>0.117199671516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOCERA MATERIAL</name>
        <lei>N/A</lei>
        <title>Shandong Sinocera Functional Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001FB0"/>
          <ticker value="300285"/>
          <other otherDesc="SEDOL" value="BD760X4"/>
        </identifiers>
        <balance>23900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>143358.83000000</valUSD>
        <pctVal>0.402553376583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>szkingdom</name>
        <lei>N/A</lei>
        <title>Shenzhen Kingdom Sci-Tech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001GF0"/>
          <ticker value="600446"/>
          <other otherDesc="SEDOL" value="6727079"/>
        </identifiers>
        <balance>5100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14964.31000000</valUSD>
        <pctVal>0.042019968485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI WAIGAOQIAO FREE TRADE ZONE GROUP CO LTD</name>
        <lei>300300WILI2S0MCID293</lei>
        <title>SHANGHAI WAIGAOQIAO FREE TRADE ZONE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000438"/>
          <ticker value="600648"/>
          <other otherDesc="SEDOL" value="BP3R4L1"/>
        </identifiers>
        <balance>7000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16012.44000000</valUSD>
        <pctVal>0.044963130553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIJI COMPUTER CORP LTD</name>
        <lei>N/A</lei>
        <title>TAIJI COMPUTER CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000M47"/>
          <ticker value="002368"/>
          <other otherDesc="SEDOL" value="B615HC6"/>
        </identifiers>
        <balance>7840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34803.50000000</valUSD>
        <pctVal>0.097728660605</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING SPECIALIZED</name>
        <lei>300300ESWZPFZ9EL5P93</lei>
        <title>COSCO SHIPPING SPECIALIZE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001B58"/>
          <ticker value="600428"/>
          <other otherDesc="SEDOL" value="6520535"/>
        </identifiers>
        <balance>44800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22300.92000000</valUSD>
        <pctVal>0.062621260559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NINGBO SHANSHAN CO LTD</name>
        <lei>300300MXM0RPCBS6WT25</lei>
        <title>NINGBO SHANSHAN CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000JJ8"/>
          <ticker value="600884"/>
          <other otherDesc="SEDOL" value="BP3RF63"/>
        </identifiers>
        <balance>22591.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37232.29000000</valUSD>
        <pctVal>0.104548733115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ETERNAL ASIA SUPPLY CHAIN</name>
        <lei>300300SP81PP4WDG7Z57</lei>
        <title>ETERNAL ASIA SUPPLY CHAIN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000007Y5"/>
          <ticker value="002183"/>
          <other otherDesc="SEDOL" value="B28TM84"/>
        </identifiers>
        <balance>36000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27800.24000000</valUSD>
        <pctVal>0.078063419475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liuzhou Iron &amp; Steel Co Ltd</name>
        <lei>N/A</lei>
        <title>Liuzhou Iron &amp; Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001R68"/>
          <ticker value="601003"/>
          <other otherDesc="SEDOL" value="B1PB0D7"/>
        </identifiers>
        <balance>1100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>786.83000000</valUSD>
        <pctVal>0.002209428420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG CHENMING PAPER HOLDINGS LTD</name>
        <lei>529900P6JZBO1IUEWF07</lei>
        <title>SHANDONG CHENMING PAPER HOLDINGS LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000015H5"/>
          <ticker value="000488"/>
          <other otherDesc="SEDOL" value="6294960"/>
        </identifiers>
        <balance>32700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27734.11000000</valUSD>
        <pctVal>0.077877725613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuxi Taiji Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Wuxi Taiji Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000B00"/>
          <ticker value="600667"/>
          <other otherDesc="SEDOL" value="BP3RGN7"/>
        </identifiers>
        <balance>43900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>72159.47000000</valUSD>
        <pctVal>0.202624688698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG HUACE FILM &amp; TV CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG HUACE FILM &amp; TV CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000VX3"/>
          <ticker value="300133"/>
          <other otherDesc="SEDOL" value="BD5CL64"/>
        </identifiers>
        <balance>41700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>50646.54000000</valUSD>
        <pctVal>0.142216113854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YOUZU INTERACTIVE CO LTD</name>
        <lei>300300DK3F0JTT5AWK11</lei>
        <title>YOUZU INTERACTIVE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000007K4"/>
          <ticker value="002174"/>
          <other otherDesc="SEDOL" value="BD5CKG7"/>
        </identifiers>
        <balance>9900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29843.22000000</valUSD>
        <pctVal>0.083800132709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blue Sail Medical Co Ltd</name>
        <lei>300300X9CB08YTW0L551</lei>
        <title>Blue Sail Medical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000MZ7"/>
          <ticker value="002382"/>
          <other otherDesc="SEDOL" value="BFY8HK3"/>
        </identifiers>
        <balance>16800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>67123.48000000</valUSD>
        <pctVal>0.188483566181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiajiayue Group Co Ltd</name>
        <lei>300300AG5L5OCFE7EW73</lei>
        <title>Jiajiayue Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002ZV4"/>
          <ticker value="603708"/>
          <other otherDesc="SEDOL" value="BK947N4"/>
        </identifiers>
        <balance>4800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30347.28000000</valUSD>
        <pctVal>0.085215539455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI ELECTRIC POWER CO LTD</name>
        <lei>3003009ZN0X3RFO4QY68</lei>
        <title>SHANGHAI ELECTRIC POWER CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001G53"/>
          <ticker value="600021"/>
          <other otherDesc="SEDOL" value="6709828"/>
        </identifiers>
        <balance>56900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>62545.73000000</valUSD>
        <pctVal>0.175629187280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Angang Steel Co Ltd</name>
        <lei>213800QMMVMR3ABCKL62</lei>
        <title>Angang Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000SQ4"/>
          <ticker value="000898"/>
          <other otherDesc="SEDOL" value="6087331"/>
        </identifiers>
        <balance>20900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8207.09000000</valUSD>
        <pctVal>0.023045610733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTH NAVIGATION CONTROL T</name>
        <lei>N/A</lei>
        <title>NORTH NAVIGATION CONTROL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001F88"/>
          <ticker value="600435"/>
          <other otherDesc="SEDOL" value="BP3RB54"/>
        </identifiers>
        <balance>3500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5012.19000000</valUSD>
        <pctVal>0.014074291821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAGONG TECH CO LTD</name>
        <lei>300300PJC3VZEBWN8591</lei>
        <title>HUAGONG TECH CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001303"/>
          <ticker value="000988"/>
          <other otherDesc="SEDOL" value="6248008"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>42655.07000000</valUSD>
        <pctVal>0.119775966760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HONGDA XINGYE CO LTD</name>
        <lei>N/A</lei>
        <title>HONGDA XINGYE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JF4"/>
          <ticker value="002002"/>
          <other otherDesc="SEDOL" value="BD5CK90"/>
        </identifiers>
        <balance>35600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20735.44000000</valUSD>
        <pctVal>0.058225373260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEIXING NBM</name>
        <lei>N/A</lei>
        <title>Zhejiang Weixing New Building Materials Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000MK9"/>
          <ticker value="002372"/>
          <other otherDesc="SEDOL" value="BD5LYB7"/>
        </identifiers>
        <balance>15740.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32857.25000000</valUSD>
        <pctVal>0.092263566414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Holitech Technology Co Ltd</name>
        <lei>300300IZAL0YRTT2GV17</lei>
        <title>Holitech Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009K0"/>
          <ticker value="002217"/>
          <other otherDesc="SEDOL" value="B2PB5H3"/>
        </identifiers>
        <balance>19600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15021.24000000</valUSD>
        <pctVal>0.042179828633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANYING PAPER</name>
        <lei>300300189RUIO9PF4B47</lei>
        <title>Shanying International Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019B0"/>
          <ticker value="600567"/>
          <other otherDesc="SEDOL" value="6427788"/>
        </identifiers>
        <balance>45400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21472.93000000</valUSD>
        <pctVal>0.060296254347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Semir Garment Co Ltd</name>
        <lei>N/A</lei>
        <title>Zhejiang Semir Garment Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001104"/>
          <ticker value="002563"/>
          <other otherDesc="SEDOL" value="B52K2H3"/>
        </identifiers>
        <balance>7100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7970.31000000</valUSD>
        <pctVal>0.022380729550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGZHOU TINCI MATERIALS</name>
        <lei>N/A</lei>
        <title>GUANGZHOU TINCI MATERIALS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001RG4"/>
          <ticker value="002709"/>
          <other otherDesc="SEDOL" value="BD5LR63"/>
        </identifiers>
        <balance>2940.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17321.64000000</valUSD>
        <pctVal>0.048639380427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN HUAQIANG INDUSTRY CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN HUAQIANG INDUSTRY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008R9"/>
          <ticker value="000062"/>
          <other otherDesc="SEDOL" value="BD5CK12"/>
        </identifiers>
        <balance>5565.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12153.10000000</valUSD>
        <pctVal>0.034126055862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiamen Tungsten Co Ltd</name>
        <lei>300300SEC2FOC4PL5N49</lei>
        <title>Xiamen Tungsten Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001D15"/>
          <ticker value="600549"/>
          <other otherDesc="SEDOL" value="6561051"/>
        </identifiers>
        <balance>1500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>3218.84000000</valUSD>
        <pctVal>0.009038542730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAANSHAN IRON &amp; STEEL CO LTD</name>
        <lei>529900A75J4LKKIUAJ17</lei>
        <title>MAANSHAN IRON &amp; STEEL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DD4"/>
          <ticker value="600808"/>
          <other otherDesc="SEDOL" value="6550930"/>
        </identifiers>
        <balance>87500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>35892.59000000</valUSD>
        <pctVal>0.100786838863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIAN DIAGNOSTICS GROUP CO LTD</name>
        <lei>3003006MMJLCVIIKTA82</lei>
        <title>DIAN DIAGNOSTICS GROUP CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000015N1"/>
          <ticker value="300244"/>
          <other otherDesc="SEDOL" value="BD5CHK0"/>
        </identifiers>
        <balance>9100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>56935.61000000</valUSD>
        <pctVal>0.159875900587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gotion High-tech Co Ltd</name>
        <lei>300300J1NKV8ZBF0KN15</lei>
        <title>Gotion High-tech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NY7"/>
          <ticker value="002074"/>
          <other otherDesc="SEDOL" value="B1FPYN7"/>
        </identifiers>
        <balance>11300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41799.92000000</valUSD>
        <pctVal>0.117374694931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NINGBO TUOPU GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>NINGBO TUOPU GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023J3"/>
          <ticker value="601689"/>
          <other otherDesc="SEDOL" value="BYQDMF9"/>
        </identifiers>
        <balance>4717.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28631.28000000</valUSD>
        <pctVal>0.080396990125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORG TECHNOLOGY CO LTD</name>
        <lei>30030070C2L998R3KB20</lei>
        <title>ORG TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001M61"/>
          <ticker value="002701"/>
          <other otherDesc="SEDOL" value="BD5CKC3"/>
        </identifiers>
        <balance>37100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30328.60000000</valUSD>
        <pctVal>0.085163085783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG EAST POWER CO LTD</name>
        <lei>N/A</lei>
        <title>GUANGDONG EAST POWER CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001RT7"/>
          <ticker value="300376"/>
          <other otherDesc="SEDOL" value="BHZGMM7"/>
        </identifiers>
        <balance>40300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36474.31000000</valUSD>
        <pctVal>0.102420315854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANGZHOU BINJIANG REAL ESTATE GROUP CO LTD</name>
        <lei>300300W1Q832W2SP5417</lei>
        <title>HANGZHOU BINJIANG REAL ESTATE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000BS5"/>
          <ticker value="002244"/>
          <other otherDesc="SEDOL" value="BD5CHG6"/>
        </identifiers>
        <balance>44200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32325.88000000</valUSD>
        <pctVal>0.090771472849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COFCO TUNHE SUGAR CO LTD</name>
        <lei>300300CAHQDI178WDM76</lei>
        <title>COFCO TUNHE SUGAR CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LH8"/>
          <ticker value="600737"/>
          <other otherDesc="SEDOL" value="6983990"/>
        </identifiers>
        <balance>35300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>51942.83000000</valUSD>
        <pctVal>0.145856112287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COFCO PROPERTY GROUP CO</name>
        <lei>N/A</lei>
        <title>COFCO PROPERTY GROUP CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BJ5"/>
          <ticker value="000031"/>
          <other otherDesc="SEDOL" value="6780447"/>
        </identifiers>
        <balance>32800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26190.97000000</valUSD>
        <pctVal>0.073544569312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MLS CO LTD</name>
        <lei>N/A</lei>
        <title>MLS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001X19"/>
          <ticker value="002745"/>
          <other otherDesc="SEDOL" value="BD5M294"/>
        </identifiers>
        <balance>13800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31506.94000000</valUSD>
        <pctVal>0.088471879149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA HIGH-SPEED RAILWAY TECHNOLOGY CO LTD</name>
        <lei>300300OAGWY9G8KMAH32</lei>
        <title>CHINA HIGH-SPEED RAILWAY TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000001C6"/>
          <ticker value="000008"/>
          <other otherDesc="SEDOL" value="BD73KP7"/>
        </identifiers>
        <balance>35847.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15960.37000000</valUSD>
        <pctVal>0.044816917346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kuang-Chi Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>Kuang-Chi Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000018P0"/>
          <ticker value="002625"/>
          <other otherDesc="SEDOL" value="B4MWTT3"/>
        </identifiers>
        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24743.44000000</valUSD>
        <pctVal>0.069479887079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAFON MICROFIBRE</name>
        <lei>N/A</lei>
        <title>Huafon Microfibre Shanghai Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001088"/>
          <ticker value="300180"/>
          <other otherDesc="SEDOL" value="BD6QWC8"/>
        </identifiers>
        <balance>24400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25609.97000000</valUSD>
        <pctVal>0.071913114090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA SPORTS INDUSTRY GROUP CO LTD</name>
        <lei>300300ZRO6Z84TJHGA10</lei>
        <title>CHINA SPORTS INDUSTRY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VF1"/>
          <ticker value="600158"/>
          <other otherDesc="SEDOL" value="6105493"/>
        </identifiers>
        <balance>15400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32597.11000000</valUSD>
        <pctVal>0.091533090060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KINGCLEAN ELECTRIC CO LTD</name>
        <lei>N/A</lei>
        <title>KINGCLEAN ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000022K3"/>
          <ticker value="603355"/>
          <other otherDesc="SEDOL" value="BYQDMK4"/>
        </identifiers>
        <balance>1200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5381.37000000</valUSD>
        <pctVal>0.015110953850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIANJIN CAPITAL ENVIRON</name>
        <lei>3003009YJV28EHH12813</lei>
        <title>TIANJIN CAPITAL ENVIRON</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HX3"/>
          <ticker value="600874"/>
          <other otherDesc="SEDOL" value="6881908"/>
        </identifiers>
        <balance>9200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9857.67000000</valUSD>
        <pctVal>0.027680459890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FINANCIAL STREET</name>
        <lei>300300AENWIK9ED8BK05</lei>
        <title>Financial Street Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000KT5"/>
          <ticker value="000402"/>
          <other otherDesc="SEDOL" value="BD5CMG1"/>
        </identifiers>
        <balance>41700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41637.30000000</valUSD>
        <pctVal>0.116918055949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HONGDA XINGYE CO LTD</name>
        <lei>N/A</lei>
        <title>HONGDA XINGYE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JF4"/>
          <ticker value="002002"/>
          <other otherDesc="SEDOL" value="B01KBC7"/>
        </identifiers>
        <balance>31978.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18625.79000000</valUSD>
        <pctVal>0.052301449837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEUSOFT CORP</name>
        <lei>N/A</lei>
        <title>NEUSOFT CORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000KJ6"/>
          <ticker value="600718"/>
          <other otherDesc="SEDOL" value="6802471"/>
        </identifiers>
        <balance>37800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>66436.80000000</valUSD>
        <pctVal>0.186555360206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangdong Marubi Biotechnology</name>
        <lei>N/A</lei>
        <title>Guangdong Marubi Biotechnology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003M51"/>
          <ticker value="603983"/>
          <other otherDesc="SEDOL" value="BJ17BJ8"/>
        </identifiers>
        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21356.73000000</valUSD>
        <pctVal>0.059969963303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiamen C &amp; D Inc</name>
        <lei>300300NQXZDZZ0OSCN43</lei>
        <title>Xiamen C &amp; D Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WL7"/>
          <ticker value="600153"/>
          <other otherDesc="SEDOL" value="BP3R6L5"/>
        </identifiers>
        <balance>59200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>83135.63000000</valUSD>
        <pctVal>0.233445882412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Proya Cosmetics Co Ltd</name>
        <lei>N/A</lei>
        <title>Proya Cosmetics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002TP9"/>
          <ticker value="603605"/>
          <other otherDesc="SEDOL" value="BKM3FN4"/>
        </identifiers>
        <balance>2122.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>55631.14000000</valUSD>
        <pctVal>0.156212932612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIJIAZHUANG CHANGSHAN BEIMING TECHNOLOGY CO LTD</name>
        <lei>300300QMBQN1S6XBVJ04</lei>
        <title>SHIJIAZHUANG CHANGSHAN BEIMING TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013X7"/>
          <ticker value="000158"/>
          <other otherDesc="SEDOL" value="6276968"/>
        </identifiers>
        <balance>11850.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16433.59000000</valUSD>
        <pctVal>0.046145724988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUZHOU ANJIE TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>SUZHOU ANJIE TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000019B8"/>
          <ticker value="002635"/>
          <other otherDesc="SEDOL" value="BD5LW13"/>
        </identifiers>
        <balance>5400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19407.62000000</valUSD>
        <pctVal>0.054496838195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIAN DI SCIENCE &amp; TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>TIAN DI SCIENCE &amp; TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001B90"/>
          <ticker value="600582"/>
          <other otherDesc="SEDOL" value="BP3R8L9"/>
        </identifiers>
        <balance>30900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14750.16000000</valUSD>
        <pctVal>0.041418632623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Gas Corp Ltd</name>
        <lei>300300FUFI5P7GG85C19</lei>
        <title>Shenzhen Gas Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000JM1"/>
          <ticker value="601139"/>
          <other otherDesc="SEDOL" value="B4ZV210"/>
        </identifiers>
        <balance>8500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9405.43000000</valUSD>
        <pctVal>0.026410564349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES DOUBLE CRANE PHARMACEUTICAL CO LTD</name>
        <lei>3003008IFGE1S66ZZA20</lei>
        <title>CHINA RESOURCES DOUBLE CRANE PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Q94"/>
          <ticker value="600062"/>
          <other otherDesc="SEDOL" value="6089597"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31484.75000000</valUSD>
        <pctVal>0.088409569354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAW Jiefang Group Co Ltd</name>
        <lei>N/A</lei>
        <title>FAW Jiefang Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000R85"/>
          <ticker value="000800"/>
          <other otherDesc="SEDOL" value="6003531"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16478.11000000</valUSD>
        <pctVal>0.046270737702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JILIN YATAI GROUP CO LTD</name>
        <lei>300300Z7Y089YIWW0820</lei>
        <title>JILIN YATAI GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000JC3"/>
          <ticker value="600881"/>
          <other otherDesc="SEDOL" value="6477374"/>
        </identifiers>
        <balance>141300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>73018.99000000</valUSD>
        <pctVal>0.205038231542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLUEFOCUS COMMUNICATION GR</name>
        <lei>300300S2I2XIZT3E2Y55</lei>
        <title>BLUEFOCUS COMMUNICATION G</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000LV8"/>
          <ticker value="300058"/>
          <other otherDesc="SEDOL" value="BD5CL86"/>
        </identifiers>
        <balance>54700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61325.20000000</valUSD>
        <pctVal>0.172201923869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BCDC</name>
        <lei>3003003ULZB0DPMPJ698</lei>
        <title>Beijing Capital Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001782"/>
          <ticker value="600376"/>
          <other otherDesc="SEDOL" value="6320887"/>
        </identifiers>
        <balance>50300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>50150.94000000</valUSD>
        <pctVal>0.140824462893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUMANWELL HEALTHCARE GROUP CO LTD</name>
        <lei>300300CT1GETYDVFFG34</lei>
        <title>HUMANWELL HEALTHCARE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000QW6"/>
          <ticker value="600079"/>
          <other otherDesc="SEDOL" value="BP3R712"/>
        </identifiers>
        <balance>4700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25667.05000000</valUSD>
        <pctVal>0.072073395440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI WANJIANG LOGISTICS GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>ANHUI WANJIANG LOGISTICS GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DR2"/>
          <ticker value="600575"/>
          <other otherDesc="SEDOL" value="6603908"/>
        </identifiers>
        <balance>67600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22104.73000000</valUSD>
        <pctVal>0.062070356600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUNWU JIUDING INVESTMENT HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>KUNWU JIUDING INVESTMENT HOLDINGS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PP2"/>
          <ticker value="600053"/>
          <other otherDesc="SEDOL" value="6004307"/>
        </identifiers>
        <balance>3700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14475.28000000</valUSD>
        <pctVal>0.040646766167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANGZHOU SILAN MICROELECTRONICS CO LTD</name>
        <lei>300300A6XLSTHVDNCV85</lei>
        <title>HANGZHOU SILAN MICROELECTRONICS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DN1"/>
          <ticker value="600460"/>
          <other otherDesc="SEDOL" value="6592590"/>
        </identifiers>
        <balance>18180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44585.49000000</valUSD>
        <pctVal>0.125196610115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WANFENG AUTO WHEEL</name>
        <lei>N/A</lei>
        <title>Zhejiang Wanfeng Auto Wheel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001PF1"/>
          <ticker value="002085"/>
          <other otherDesc="SEDOL" value="B1FCHN9"/>
        </identifiers>
        <balance>13300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13707.14000000</valUSD>
        <pctVal>0.038489819499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YIWU CCC</name>
        <lei>300300UELW04DCUGGZ27</lei>
        <title>Zhejiang China Commodities City Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BC8"/>
          <ticker value="600415"/>
          <other otherDesc="SEDOL" value="BP3R789"/>
        </identifiers>
        <balance>70100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61501.10000000</valUSD>
        <pctVal>0.172695853255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANYING PAPER</name>
        <lei>300300189RUIO9PF4B47</lei>
        <title>Shanying International Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019B0"/>
          <ticker value="600567"/>
          <other otherDesc="SEDOL" value="BP3RCL7"/>
        </identifiers>
        <balance>94500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44695.85000000</valUSD>
        <pctVal>0.125506502367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xinjiang Communications Constr</name>
        <lei>3003007LZ6GVSLYC3707</lei>
        <title>Xinjiang Communications Construction Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003FM3"/>
          <ticker value="002941"/>
          <other otherDesc="SEDOL" value="BGK3LW9"/>
        </identifiers>
        <balance>2700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7378.36000000</valUSD>
        <pctVal>0.020718526592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIBET SUMMIT RESOURCES CO</name>
        <lei>N/A</lei>
        <title>TIBET SUMMIT RESOURCES CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016D2"/>
          <ticker value="600338"/>
          <other otherDesc="SEDOL" value="6314404"/>
        </identifiers>
        <balance>3160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4797.45000000</valUSD>
        <pctVal>0.013471299232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTH INDUSTRIES GROUP RED ARROW CO LTD</name>
        <lei>3003004CY5NZRROH2J42</lei>
        <title>NORTH INDUSTRIES GROUP RED ARROW CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000198"/>
          <ticker value="000519"/>
          <other otherDesc="SEDOL" value="6193261"/>
        </identifiers>
        <balance>30247.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>48393.08000000</valUSD>
        <pctVal>0.135888370163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA TRANSINFO TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>CHINA TRANSINFO TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000MJ1"/>
          <ticker value="002373"/>
          <other otherDesc="SEDOL" value="BD5CJ37"/>
        </identifiers>
        <balance>14000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>49989.05000000</valUSD>
        <pctVal>0.140369873761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUOMAI TECHNOLOGIES INC</name>
        <lei>300300QUAEH7VX8XL462</lei>
        <title>GUOMAI TECHNOLOGIES INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001PR6"/>
          <ticker value="002093"/>
          <other otherDesc="SEDOL" value="BD5C8V8"/>
        </identifiers>
        <balance>9200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12060.20000000</valUSD>
        <pctVal>0.033865191507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORG TECHNOLOGY CO LTD</name>
        <lei>30030070C2L998R3KB20</lei>
        <title>ORG TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001M61"/>
          <ticker value="002701"/>
          <other otherDesc="SEDOL" value="B767T51"/>
        </identifiers>
        <balance>24250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19823.95000000</valUSD>
        <pctVal>0.055665898010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGZHOU HAIGE COMMUNICATIONS GROUP INC CO</name>
        <lei>300300DDUUICKXUNQI85</lei>
        <title>GUANGZHOU HAIGE COMMUNICATIONS GROUP INC CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000T24"/>
          <ticker value="002465"/>
          <other otherDesc="SEDOL" value="B51R1H8"/>
        </identifiers>
        <balance>38500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>74298.94000000</valUSD>
        <pctVal>0.208632347052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN KINWONG ELECTRONI</name>
        <lei>N/A</lei>
        <title>SHENZHEN KINWONG ELECTRON</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FZ7"/>
          <ticker value="603228"/>
          <other otherDesc="SEDOL" value="BZ0X672"/>
        </identifiers>
        <balance>140.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>695.27000000</valUSD>
        <pctVal>0.001952326802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOINCARE PHARMACEUTICAL GR</name>
        <lei>3003006PUWUKPH72TS46</lei>
        <title>JOINCARE PHARMACEUTICAL G</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001816"/>
          <ticker value="600380"/>
          <other otherDesc="SEDOL" value="6352318"/>
        </identifiers>
        <balance>24612.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>70024.36000000</valUSD>
        <pctVal>0.196629273279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAFA INDUSTRIAL CO LTD ZHUHAI</name>
        <lei>N/A</lei>
        <title>HUAFA INDUSTRIAL CO LTD ZHUHAI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001GR5"/>
          <ticker value="600325"/>
          <other otherDesc="SEDOL" value="6742243"/>
        </identifiers>
        <balance>36440.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37608.69000000</valUSD>
        <pctVal>0.105605668994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEOPLE.CN CO LTD</name>
        <lei>N/A</lei>
        <title>PEOPLE.CN CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001FP0"/>
          <ticker value="603000"/>
          <other otherDesc="SEDOL" value="B7GX3Z7"/>
        </identifiers>
        <balance>24000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>69754.61000000</valUSD>
        <pctVal>0.195871811926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RISING NONFERROUS METALS SHARE CO LTD</name>
        <lei>N/A</lei>
        <title>RISING NONFERROUS METALS SHARE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000012R1"/>
          <ticker value="600259"/>
          <other otherDesc="SEDOL" value="6246949"/>
        </identifiers>
        <balance>7900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37676.16000000</valUSD>
        <pctVal>0.105795125592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ovctek China Inc</name>
        <lei>N/A</lei>
        <title>Ovctek China Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002MR0"/>
          <ticker value="300595"/>
          <other otherDesc="SEDOL" value="BHQPSJ2"/>
        </identifiers>
        <balance>10600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>101059.22000000</valUSD>
        <pctVal>0.283775545921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Hope Dairy Co Ltd</name>
        <lei>N/A</lei>
        <title>New Hope Dairy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003JJ1"/>
          <ticker value="002946"/>
          <other otherDesc="SEDOL" value="BK4XY68"/>
        </identifiers>
        <balance>1300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4093.40000000</valUSD>
        <pctVal>0.011494318080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Sanmei Chemical Indus</name>
        <lei>N/A</lei>
        <title>Zhejiang Sanmei Chemical Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003LM1"/>
          <ticker value="603379"/>
          <other otherDesc="SEDOL" value="BJMTK41"/>
        </identifiers>
        <balance>3760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12053.43000000</valUSD>
        <pctVal>0.033846181263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Thunisoft Corp Ltd</name>
        <lei>300300ARLN2H6DSZJ004</lei>
        <title>Beijing Thunisoft Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001QM5"/>
          <ticker value="300271"/>
          <other otherDesc="SEDOL" value="BD5C9K4"/>
        </identifiers>
        <balance>22500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>86580.15000000</valUSD>
        <pctVal>0.243118137387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TANGSHAN SANYOU CHEMICAL INDUSTRIES CO LTD</name>
        <lei>30030042SD0270S8WB53</lei>
        <title>TANGSHAN SANYOU CHEMICAL INDUSTRIES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001F39"/>
          <ticker value="600409"/>
          <other otherDesc="SEDOL" value="BP3RB98"/>
        </identifiers>
        <balance>23600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21325.20000000</valUSD>
        <pctVal>0.059881426671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG ORIENT FINANCIAL HOLDINGS GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG ORIENT FINANCIAL HOLDINGS GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000V06"/>
          <ticker value="600120"/>
          <other otherDesc="SEDOL" value="6088077"/>
        </identifiers>
        <balance>48414.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>50108.06000000</valUSD>
        <pctVal>0.140704055320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Dingli</name>
        <lei>N/A</lei>
        <title>Zhejiang Dingli Machinery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023M7"/>
          <ticker value="603338"/>
          <other otherDesc="SEDOL" value="BW9RTW0"/>
        </identifiers>
        <balance>1820.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28093.19000000</valUSD>
        <pctVal>0.078886026717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG IRON AND STEEL CO LTD</name>
        <lei>N/A</lei>
        <title>SHANDONG IRON AND STEEL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JV1"/>
          <ticker value="600022"/>
          <other otherDesc="SEDOL" value="B01NV71"/>
        </identifiers>
        <balance>237930.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>47931.24000000</valUSD>
        <pctVal>0.134591517703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Gas Corp Ltd</name>
        <lei>300300FUFI5P7GG85C19</lei>
        <title>Shenzhen Gas Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000JM1"/>
          <ticker value="601139"/>
          <other otherDesc="SEDOL" value="BP3R7C3"/>
        </identifiers>
        <balance>16500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18257.59000000</valUSD>
        <pctVal>0.051267539661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gotion High-tech Co Ltd</name>
        <lei>300300J1NKV8ZBF0KN15</lei>
        <title>Gotion High-tech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NY7"/>
          <ticker value="002074"/>
          <other otherDesc="SEDOL" value="BD5CJ71"/>
        </identifiers>
        <balance>25281.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>93517.15000000</valUSD>
        <pctVal>0.262597319613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bohai Leasing Co Ltd</name>
        <lei>300300EGZP889NPOT790</lei>
        <title>Bohai Leasing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000009B1"/>
          <ticker value="000415"/>
          <other otherDesc="SEDOL" value="6981068"/>
        </identifiers>
        <balance>21600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9081.06000000</valUSD>
        <pctVal>0.025499729357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINGJIA MICRO</name>
        <lei>N/A</lei>
        <title>Changsha Jingjia Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002664"/>
          <ticker value="300474"/>
          <other otherDesc="SEDOL" value="BD76153"/>
        </identifiers>
        <balance>4100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>43793.26000000</valUSD>
        <pctVal>0.122972018428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN ENERGY GROUP CO LTD</name>
        <lei>300300CCBNLFTQ4T2443</lei>
        <title>SHENZHEN ENERGY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000933"/>
          <ticker value="000027"/>
          <other otherDesc="SEDOL" value="BD5CN68"/>
        </identifiers>
        <balance>31060.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25980.44000000</valUSD>
        <pctVal>0.072953398455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tianma Microelectronics Co Ltd</name>
        <lei>300300KWFVVYL0LL8S83</lei>
        <title>Tianma Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HT1"/>
          <ticker value="000050"/>
          <other otherDesc="SEDOL" value="BD5CKM3"/>
        </identifiers>
        <balance>35900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>86103.82000000</valUSD>
        <pctVal>0.241780596826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHENGDU XINGRONG ENVIRONMENT CO LTD</name>
        <lei>300300XM3A0CVZ914Y75</lei>
        <title>CHENGDU XINGRONG ENVIRONMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HN4"/>
          <ticker value="000598"/>
          <other otherDesc="SEDOL" value="6103970"/>
        </identifiers>
        <balance>58600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45167.07000000</valUSD>
        <pctVal>0.126829693984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHAANXI INTL TRUST CO LTD</name>
        <lei>300300D1004861000096</lei>
        <title>SHAANXI INTL TRUST CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000004F3"/>
          <ticker value="000563"/>
          <other otherDesc="SEDOL" value="BD5CF84"/>
        </identifiers>
        <balance>44350.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26220.38000000</valUSD>
        <pctVal>0.073627152958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chongqing Brewery Co Ltd</name>
        <lei>N/A</lei>
        <title>Chongqing Brewery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000TL3"/>
          <ticker value="600132"/>
          <other otherDesc="SEDOL" value="6080794"/>
        </identifiers>
        <balance>3200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>42532.44000000</valUSD>
        <pctVal>0.119431620196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU YUYUE MEDICAL EQU</name>
        <lei>N/A</lei>
        <title>JIANGSU YUYUE MEDICAL EQU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009X3"/>
          <ticker value="002223"/>
          <other otherDesc="SEDOL" value="BD5CJM6"/>
        </identifiers>
        <balance>7700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41375.85000000</valUSD>
        <pctVal>0.116183901099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN ENERGY GROUP CO LTD</name>
        <lei>300300CCBNLFTQ4T2443</lei>
        <title>SHENZHEN ENERGY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000933"/>
          <ticker value="000027"/>
          <other otherDesc="SEDOL" value="6780403"/>
        </identifiers>
        <balance>31000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25930.25000000</valUSD>
        <pctVal>0.072812464311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RAILWAY TIELONG CONT</name>
        <lei>3003002BJKFIMU3JIF84</lei>
        <title>CHINA RAILWAY TIELONG CON</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VW6"/>
          <ticker value="600125"/>
          <other otherDesc="SEDOL" value="BP3RDQ9"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16612.41000000</valUSD>
        <pctVal>0.046647853771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XSCE</name>
        <lei>3003006IEAP7EBNLIL41</lei>
        <title>Shanxi Xishan Coal &amp; Electricity Power Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013Y5"/>
          <ticker value="000983"/>
          <other otherDesc="SEDOL" value="BD5CKB2"/>
        </identifiers>
        <balance>67860.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41803.89000000</valUSD>
        <pctVal>0.117385842740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIEYUAN ELECTRIC CO LTD</name>
        <lei>N/A</lei>
        <title>SIEYUAN ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001KM8"/>
          <ticker value="002028"/>
          <other otherDesc="SEDOL" value="B02F444"/>
        </identifiers>
        <balance>8280.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31003.31000000</valUSD>
        <pctVal>0.087057679849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANGZHOU IRON &amp; STEEL CO</name>
        <lei>N/A</lei>
        <title>HANGZHOU IRON &amp; STEEL CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000V97"/>
          <ticker value="600126"/>
          <other otherDesc="SEDOL" value="6104155"/>
        </identifiers>
        <balance>58710.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>64278.21000000</valUSD>
        <pctVal>0.180494012655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Dingli</name>
        <lei>N/A</lei>
        <title>Zhejiang Dingli Machinery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023M7"/>
          <ticker value="603338"/>
          <other otherDesc="SEDOL" value="BYZW440"/>
        </identifiers>
        <balance>6700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>103420.00000000</valUSD>
        <pctVal>0.290404645505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI JINQIAO EXPORT PROCESSING ZONE DEVELOPMENT CO LTD</name>
        <lei>300300145JZKQZO13H90</lei>
        <title>SHANGHAI JINQIAO EXPORT PROCESSING ZONE DEVELOPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000404"/>
          <ticker value="600639"/>
          <other otherDesc="SEDOL" value="6802749"/>
        </identifiers>
        <balance>13500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27984.18000000</valUSD>
        <pctVal>0.078579925282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUNWU JIUDING INVESTMENT HOLDINGS CO LTD</name>
        <lei>N/A</lei>
        <title>KUNWU JIUDING INVESTMENT HOLDINGS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PP2"/>
          <ticker value="600053"/>
          <other otherDesc="SEDOL" value="BYYFJ67"/>
        </identifiers>
        <balance>2000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7824.47000000</valUSD>
        <pctVal>0.021971209017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiamen Intretech Inc</name>
        <lei>N/A</lei>
        <title>Xiamen Intretech Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000033H6"/>
          <ticker value="002925"/>
          <other otherDesc="SEDOL" value="BFFZ145"/>
        </identifiers>
        <balance>400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>3439.27000000</valUSD>
        <pctVal>0.009657512909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NINGBO SHANSHAN CO LTD</name>
        <lei>300300MXM0RPCBS6WT25</lei>
        <title>NINGBO SHANSHAN CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000JJ8"/>
          <ticker value="600884"/>
          <other otherDesc="SEDOL" value="6616887"/>
        </identifiers>
        <balance>26970.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44449.34000000</valUSD>
        <pctVal>0.124814299223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Hope Dairy Co Ltd</name>
        <lei>N/A</lei>
        <title>New Hope Dairy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003JJ1"/>
          <ticker value="002946"/>
          <other otherDesc="SEDOL" value="BJ1STY2"/>
        </identifiers>
        <balance>4300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13539.70000000</valUSD>
        <pctVal>0.038019645897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Zhengzhou Co Ltd</name>
        <lei>300300C1085141000016</lei>
        <title>Bank of Zhengzhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000036Q0"/>
          <ticker value="002936"/>
          <other otherDesc="SEDOL" value="BGRDXR1"/>
        </identifiers>
        <balance>24970.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13924.27000000</valUSD>
        <pctVal>0.039099523238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TANGSHAN PORT GROUP CO LTD</name>
        <lei>300300R1OCOESINHQW02</lei>
        <title>TANGSHAN PORT GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000R26"/>
          <ticker value="601000"/>
          <other otherDesc="SEDOL" value="BP3R9F0"/>
        </identifiers>
        <balance>54180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20642.86000000</valUSD>
        <pctVal>0.057965407469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BESTTONE HOLDINGS CO LTD</name>
        <lei>300300MBQQCNQ6MPSC75</lei>
        <title>BESTTONE HOLDINGS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000005N4"/>
          <ticker value="600640"/>
          <other otherDesc="SEDOL" value="6817107"/>
        </identifiers>
        <balance>13800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34347.40000000</valUSD>
        <pctVal>0.096447926136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INNER MONGOLIA FIRST MACHINERY GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>INNER MONGOLIA FIRST MACHINERY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001HP7"/>
          <ticker value="600967"/>
          <other otherDesc="SEDOL" value="BP3RB43"/>
        </identifiers>
        <balance>14100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25255.39000000</valUSD>
        <pctVal>0.070917449043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUOLINHE OPENCUT COAL IND</name>
        <lei>N/A</lei>
        <title>HUOLINHE OPENCUT COAL IND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000098"/>
          <ticker value="002128"/>
          <other otherDesc="SEDOL" value="B1VVLT4"/>
        </identifiers>
        <balance>5600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8460.94000000</valUSD>
        <pctVal>0.023758424689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAGONG TECH CO LTD</name>
        <lei>300300PJC3VZEBWN8591</lei>
        <title>HUAGONG TECH CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001303"/>
          <ticker value="000988"/>
          <other otherDesc="SEDOL" value="BD5CCY9"/>
        </identifiers>
        <balance>23159.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>82320.72000000</valUSD>
        <pctVal>0.231157605002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YIFAN PHARMACEUTICAL CO LTD</name>
        <lei>N/A</lei>
        <title>YIFAN PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001K65"/>
          <ticker value="002019"/>
          <other otherDesc="SEDOL" value="B01TJ20"/>
        </identifiers>
        <balance>22900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>100220.72000000</valUSD>
        <pctVal>0.281421027498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANGZHOU SHUNWANG TECH</name>
        <lei>N/A</lei>
        <title>HANGZHOU SHUNWANG TECH</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000SZ4"/>
          <ticker value="300113"/>
          <other otherDesc="SEDOL" value="B4Z1XH3"/>
        </identifiers>
        <balance>12200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37773.82000000</valUSD>
        <pctVal>0.106069356086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGEL YEAST CO LTD</name>
        <lei>3003002K1DZ78FXZXI48</lei>
        <title>ANGEL YEAST CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014G0"/>
          <ticker value="600298"/>
          <other otherDesc="SEDOL" value="6281508"/>
        </identifiers>
        <balance>15100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>153197.67000000</valUSD>
        <pctVal>0.430180961600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jinduicheng Molybdenum Co Ltd</name>
        <lei>N/A</lei>
        <title>Jinduicheng Molybdenum Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009Y1"/>
          <ticker value="601958"/>
          <other otherDesc="SEDOL" value="B2QQVG8"/>
        </identifiers>
        <balance>18600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16970.06000000</valUSD>
        <pctVal>0.047652139417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XJ ELECTRIC CO LTD</name>
        <lei>3003000OT9G77QBDC838</lei>
        <title>XJ ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000007F6"/>
          <ticker value="000400"/>
          <other otherDesc="SEDOL" value="6007685"/>
        </identifiers>
        <balance>14200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32586.02000000</valUSD>
        <pctVal>0.091501949202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG KAISHAN COMPRESSOR CO LTD</name>
        <lei>30030058EWFJ2O4WVV55</lei>
        <title>ZHEJIANG KAISHAN COMPRESSOR CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001690"/>
          <ticker value="300257"/>
          <other otherDesc="SEDOL" value="B4MHS02"/>
        </identifiers>
        <balance>8800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25191.31000000</valUSD>
        <pctVal>0.070737511606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING SHOUHANG RESOURCES</name>
        <lei>300300UV809TW59HF897</lei>
        <title>BEIJING SHOUHANG RESOURCE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001CN2"/>
          <ticker value="002665"/>
          <other otherDesc="SEDOL" value="BD5CGW5"/>
        </identifiers>
        <balance>40600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15409.54000000</valUSD>
        <pctVal>0.043270179859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHRC</name>
        <lei>N/A</lei>
        <title>Shenghe Resources Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DZ5"/>
          <ticker value="600392"/>
          <other otherDesc="SEDOL" value="BFYQHK7"/>
        </identifiers>
        <balance>46200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>51728.25000000</valUSD>
        <pctVal>0.145253568979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA SPORTS IND GROUP CO</name>
        <lei>300300ZRO6Z84TJHGA10</lei>
        <title>CHINA SPORTS IND GROUP CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VF1"/>
          <ticker value="600158"/>
          <other otherDesc="SEDOL" value="BP3R9M7"/>
        </identifiers>
        <balance>12501.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26460.81000000</valUSD>
        <pctVal>0.074302283386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUNNAN TIN CO LTD</name>
        <lei>3003005QWPI5MVQF6K65</lei>
        <title>YUNNAN TIN CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000011D3"/>
          <ticker value="000960"/>
          <other otherDesc="SEDOL" value="6183251"/>
        </identifiers>
        <balance>24500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34620.38000000</valUSD>
        <pctVal>0.097214457369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WUHU TOKEN SCIENCE CO LTD</name>
        <lei>N/A</lei>
        <title>WUHU TOKEN SCIENCE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QP9"/>
          <ticker value="300088"/>
          <other otherDesc="SEDOL" value="B3XMWD0"/>
        </identifiers>
        <balance>44900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>77277.05000000</valUSD>
        <pctVal>0.216994916950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Shagang Co Ltd</name>
        <lei>N/A</lei>
        <title>Jiangsu Shagang Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P11"/>
          <ticker value="002075"/>
          <other otherDesc="SEDOL" value="B1G6T45"/>
        </identifiers>
        <balance>3600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>6253.74000000</valUSD>
        <pctVal>0.017560579653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUBEI KAILE SCIENCE &amp; TECH</name>
        <lei>3003002LF6N3XX7UQE31</lei>
        <title>HUBEI KAILE SCIENCE &amp; TEC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013H0"/>
          <ticker value="600260"/>
          <other otherDesc="SEDOL" value="BP3RK68"/>
        </identifiers>
        <balance>17660.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34467.72000000</valUSD>
        <pctVal>0.096785786192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA TRANSINFO TECHNOLOGY</name>
        <lei>N/A</lei>
        <title>CHINA TRANSINFO TECHNOLOG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000MJ1"/>
          <ticker value="002373"/>
          <other otherDesc="SEDOL" value="B62G7T5"/>
        </identifiers>
        <balance>20600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>73555.32000000</valUSD>
        <pctVal>0.206544252849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEBEI CHENGDE LOLO CO</name>
        <lei>N/A</lei>
        <title>HEBEI CHENGDE LOLO CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000TG3"/>
          <ticker value="000848"/>
          <other otherDesc="SEDOL" value="6089155"/>
        </identifiers>
        <balance>16385.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20306.94000000</valUSD>
        <pctVal>0.057022139934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA AEROSPACE TIMES ELEC</name>
        <lei>300300BZ736JB2Q7TZ38</lei>
        <title>CHINA AEROSPACE TIMES ELE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000J93"/>
          <ticker value="600879"/>
          <other otherDesc="SEDOL" value="6981789"/>
        </identifiers>
        <balance>51300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>58187.38000000</valUSD>
        <pctVal>0.163390886306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG SUN PAPER INDUSTRY JSC LTD</name>
        <lei>3003003IDX6WN6H5CH12</lei>
        <title>SHANDONG SUN PAPER INDUSTRY JSC LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P52"/>
          <ticker value="002078"/>
          <other otherDesc="SEDOL" value="B1G5XV7"/>
        </identifiers>
        <balance>40200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>81922.25000000</valUSD>
        <pctVal>0.230038696289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanxi Securities Co Ltd</name>
        <lei>300300E1007214000085</lei>
        <title>Shanxi Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WJ0"/>
          <ticker value="002500"/>
          <other otherDesc="SEDOL" value="B59FKK0"/>
        </identifiers>
        <balance>82160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>98587.68000000</valUSD>
        <pctVal>0.276835430880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG ZHONGSHENG PHA</name>
        <lei>300300UIC9JP5RWI1S81</lei>
        <title>GUANGDONG ZHONGSHENG PHA-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000HW4"/>
          <ticker value="002317"/>
          <other otherDesc="SEDOL" value="BD5LX76"/>
        </identifiers>
        <balance>7100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16386.29000000</valUSD>
        <pctVal>0.046012906000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHANGYU-B</name>
        <lei>N/A</lei>
        <title>Yantai Changyu Pioneer Wine Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001568"/>
          <ticker value="000869"/>
          <other otherDesc="SEDOL" value="6293310"/>
        </identifiers>
        <balance>1200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>6868.60000000</valUSD>
        <pctVal>0.019287114176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunwoda Electronic Co Ltd</name>
        <lei>N/A</lei>
        <title>Sunwoda Electronic Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001260"/>
          <ticker value="300207"/>
          <other otherDesc="SEDOL" value="B4XB836"/>
        </identifiers>
        <balance>9100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31855.25000000</valUSD>
        <pctVal>0.089449937959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAISCO PHARMA</name>
        <lei>300300GRLH34A8GPJ639</lei>
        <title>Haisco Pharmaceutical Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001BC7"/>
          <ticker value="002653"/>
          <other otherDesc="SEDOL" value="B5V7SQ6"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>3855.31000000</valUSD>
        <pctVal>0.010825758401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING KUNLUN TECH CO LTD</name>
        <lei>300300AMV45UQEH2Z513</lei>
        <title>BEIJING KUNLUN TECH CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001YF2"/>
          <ticker value="300418"/>
          <other otherDesc="SEDOL" value="BD5CN13"/>
        </identifiers>
        <balance>16200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>65861.35000000</valUSD>
        <pctVal>0.184939489453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen MTC Co Ltd</name>
        <lei>3003008ZONBTG6638Y63</lei>
        <title>Shenzhen MTC Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000Q50"/>
          <ticker value="002429"/>
          <other otherDesc="SEDOL" value="BD5CFV7"/>
        </identifiers>
        <balance>62900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>68039.21000000</valUSD>
        <pctVal>0.191054947404</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING TEAMSUN TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>BEIJING TEAMSUN TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001HG6"/>
          <ticker value="600410"/>
          <other otherDesc="SEDOL" value="B00X6G6"/>
        </identifiers>
        <balance>37260.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>72395.46000000</valUSD>
        <pctVal>0.203287351552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEBEI BAOSHUO CO</name>
        <lei>300300C1155842000049</lei>
        <title>HEBEI BAOSHUO CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000X53"/>
          <ticker value="600155"/>
          <other otherDesc="SEDOL" value="BFF5BW3"/>
        </identifiers>
        <balance>22000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>43612.69000000</valUSD>
        <pctVal>0.122464975623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAPONT LIFE SCIENCES CO L</name>
        <lei>3003009TGXJC0JJVTJ07</lei>
        <title>HUAPONT LIFE SCIENCES CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JJ6"/>
          <ticker value="002004"/>
          <other otherDesc="SEDOL" value="B01KB83"/>
        </identifiers>
        <balance>42350.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34125.80000000</valUSD>
        <pctVal>0.095825670582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVICEM</name>
        <lei>N/A</lei>
        <title>AVIC Electromechanical Systems Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JY5"/>
          <ticker value="002013"/>
          <other otherDesc="SEDOL" value="B01QZN4"/>
        </identifiers>
        <balance>21500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32421.21000000</valUSD>
        <pctVal>0.091039160674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIP DEV</name>
        <lei>529900CWRQN9ME25NV73</lei>
        <title>COSCO SHIPPING Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008F2"/>
          <ticker value="601866"/>
          <other otherDesc="SEDOL" value="BP3R6D7"/>
        </identifiers>
        <balance>98100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30359.55000000</valUSD>
        <pctVal>0.085249993767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yangnong Chemical</name>
        <lei>N/A</lei>
        <title>Jiangsu Yangnong Chemical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001B66"/>
          <ticker value="600486"/>
          <other otherDesc="SEDOL" value="BP3RGP9"/>
        </identifiers>
        <balance>5400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>72136.11000000</valUSD>
        <pctVal>0.202559093528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SATLPEC</name>
        <lei>300300EB6R0AX600R053</lei>
        <title>Zhejiang Satellite Petrochemical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001B07"/>
          <ticker value="002648"/>
          <other otherDesc="SEDOL" value="B6585B6"/>
        </identifiers>
        <balance>4600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13188.33000000</valUSD>
        <pctVal>0.037032994570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HIMILE</name>
        <lei>N/A</lei>
        <title>Shandong Himile Mechanical Science &amp; Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000014X3"/>
          <ticker value="002595"/>
          <other otherDesc="SEDOL" value="BD5CFQ2"/>
        </identifiers>
        <balance>13900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>50971.20000000</valUSD>
        <pctVal>0.143127763169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANGZHOU SILAN MICROELECTRONICS CO LTD</name>
        <lei>300300A6XLSTHVDNCV85</lei>
        <title>HANGZHOU SILAN MICROELECTRONICS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DN1"/>
          <ticker value="600460"/>
          <other otherDesc="SEDOL" value="BP3RCV7"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39239.16000000</valUSD>
        <pctVal>0.110184049020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIQI FOTON MOTOR CO LTD</name>
        <lei>3003001SZQ9DJEIWZK14</lei>
        <title>BEIQI FOTON MOTOR CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WC6"/>
          <ticker value="600166"/>
          <other otherDesc="SEDOL" value="BP3R778"/>
        </identifiers>
        <balance>39000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14859.20000000</valUSD>
        <pctVal>0.041724818299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COFCO TUNHE SUGAR CO LTD</name>
        <lei>300300CAHQDI178WDM76</lei>
        <title>COFCO TUNHE SUGAR CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LH8"/>
          <ticker value="600737"/>
          <other otherDesc="SEDOL" value="BYYFJG7"/>
        </identifiers>
        <balance>11200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16480.45000000</valUSD>
        <pctVal>0.046277308451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMST DEVELOPMENT CO LTD</name>
        <lei>300300SUEHL03EG1HY81</lei>
        <title>CMST DEVELOPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000NS1"/>
          <ticker value="600787"/>
          <other otherDesc="SEDOL" value="BP3R8C0"/>
        </identifiers>
        <balance>21400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15900.91000000</valUSD>
        <pctVal>0.044649952927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI INDUSTRIAL DEVEL</name>
        <lei>300300N005FD7HREKX34</lei>
        <title>SHANGHAI INDUSTRIAL DEVEL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MF0"/>
          <ticker value="600748"/>
          <other otherDesc="SEDOL" value="6818962"/>
        </identifiers>
        <balance>8020.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>6860.60000000</valUSD>
        <pctVal>0.019264650076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PCI-Suntek Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>PCI-Suntek Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000L99"/>
          <ticker value="600728"/>
          <other otherDesc="SEDOL" value="6515359"/>
        </identifiers>
        <balance>12200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17524.49000000</valUSD>
        <pctVal>0.049208985748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAW Jiefang Group Co Ltd</name>
        <lei>N/A</lei>
        <title>FAW Jiefang Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000R85"/>
          <ticker value="000800"/>
          <other otherDesc="SEDOL" value="BD5CLN1"/>
        </identifiers>
        <balance>32100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>66118.42000000</valUSD>
        <pctVal>0.185661345208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FULING ZHACAI</name>
        <lei>N/A</lei>
        <title>Chongqing Fuling Zhacai Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WX1"/>
          <ticker value="002507"/>
          <other otherDesc="SEDOL" value="BFCCQ99"/>
        </identifiers>
        <balance>23838.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>177994.20000000</valUSD>
        <pctVal>0.499809926059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grace Fabric Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Grace Fabric Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003MK3"/>
          <ticker value="603256"/>
          <other otherDesc="SEDOL" value="BK942K6"/>
        </identifiers>
        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7731.34000000</valUSD>
        <pctVal>0.021709698820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINJIANG ZHONGTAI CHEMICAL</name>
        <lei>3003007INCLFKEH1K579</lei>
        <title>XINJIANG ZHONGTAI CHEMICA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001PP0"/>
          <ticker value="002092"/>
          <other otherDesc="SEDOL" value="B1GH863"/>
        </identifiers>
        <balance>39200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28726.33000000</valUSD>
        <pctVal>0.080663891706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG DAILY DIGITAL CULTU</name>
        <lei>N/A</lei>
        <title>ZHEJIANG DAILY DIGITAL CU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000007X9"/>
          <ticker value="600633"/>
          <other otherDesc="SEDOL" value="6817969"/>
        </identifiers>
        <balance>34000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>55439.91000000</valUSD>
        <pctVal>0.155675956395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI YINGJIA DISTILLERY</name>
        <lei>3003001NVFR21G6ZPB16</lei>
        <title>ANHUI YINGJIA DISTILLERY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000022H9"/>
          <ticker value="603198"/>
          <other otherDesc="SEDOL" value="BYV1VH3"/>
        </identifiers>
        <balance>3600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12560.03000000</valUSD>
        <pctVal>0.035268720360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INNER MONGOLIA MENGDIAN HUANENG THERMAL POWER CORP LTD</name>
        <lei>300300IBR8JN06GQOJ17</lei>
        <title>INNER MONGOLIA MENGDIAN HUANENG THERMAL POWER CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GN6"/>
          <ticker value="600863"/>
          <other otherDesc="SEDOL" value="6459446"/>
        </identifiers>
        <balance>43700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16713.72000000</valUSD>
        <pctVal>0.046932333510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANGZHOU SHUNWANG TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>HANGZHOU SHUNWANG TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000SZ4"/>
          <ticker value="300113"/>
          <other otherDesc="SEDOL" value="BD5CGH0"/>
        </identifiers>
        <balance>5900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18267.67000000</valUSD>
        <pctVal>0.051295844426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XSSYIM</name>
        <lei>N/A</lei>
        <title>Xishui Strong Year Co Ltd Inner Mongolia</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001451"/>
          <ticker value="600291"/>
          <other otherDesc="SEDOL" value="BFYQHG3"/>
        </identifiers>
        <balance>24100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26702.33000000</valUSD>
        <pctVal>0.074980474548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOMACH AUTOMOBILE CO LTD</name>
        <lei>N/A</lei>
        <title>SINOMACH AUTOMOBILE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017D0"/>
          <ticker value="600335"/>
          <other otherDesc="SEDOL" value="BP3RBP4"/>
        </identifiers>
        <balance>5800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4919.20000000</valUSD>
        <pctVal>0.013813174745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RAILWAY HI-TECH INDU</name>
        <lei>3003002UYDC04RSF5385</lei>
        <title>CHINA RAILWAY HI-TECH INDU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017Z3"/>
          <ticker value="600528"/>
          <other otherDesc="SEDOL" value="BP3RD47"/>
        </identifiers>
        <balance>31600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44930.00000000</valUSD>
        <pctVal>0.126163998477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chongqing Brewery Co Ltd</name>
        <lei>N/A</lei>
        <title>Chongqing Brewery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000TL3"/>
          <ticker value="600132"/>
          <other otherDesc="SEDOL" value="BP3RCZ1"/>
        </identifiers>
        <balance>7400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>98356.28000000</valUSD>
        <pctVal>0.276185656804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LUXI CHEMICAL GROUP CO LTD</name>
        <lei>300300UFIWMHUM74D963</lei>
        <title>LUXI CHEMICAL GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WN3"/>
          <ticker value="000830"/>
          <other otherDesc="SEDOL" value="BD5C7W2"/>
        </identifiers>
        <balance>18200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27152.68000000</valUSD>
        <pctVal>0.076245062946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG XINCHAO ENERGY C</name>
        <lei>N/A</lei>
        <title>SHANDONG XINCHAO ENERGY C</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000NJ0"/>
          <ticker value="600777"/>
          <other otherDesc="SEDOL" value="6980894"/>
        </identifiers>
        <balance>26700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7093.70000000</valUSD>
        <pctVal>0.019919197774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RAILWAY TIELONG CONTAINER LOGISTICS CO LTD</name>
        <lei>3003002BJKFIMU3JIF84</lei>
        <title>CHINA RAILWAY TIELONG CONTAINER LOGISTICS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VW6"/>
          <ticker value="600125"/>
          <other otherDesc="SEDOL" value="6112103"/>
        </identifiers>
        <balance>19700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16363.22000000</valUSD>
        <pctVal>0.045948125154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NINGBO TUOPU GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>NINGBO TUOPU GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023J3"/>
          <ticker value="601689"/>
          <other otherDesc="SEDOL" value="BW9LDX1"/>
        </identifiers>
        <balance>13690.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>83095.66000000</valUSD>
        <pctVal>0.233333646155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI AJ GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>SHANGHAI AJ GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008S7"/>
          <ticker value="600643"/>
          <other otherDesc="SEDOL" value="BP3R8T7"/>
        </identifiers>
        <balance>23040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29799.34000000</valUSD>
        <pctVal>0.083676917124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA NATIONAL ACCORD MEDICINES CORP LTD</name>
        <lei>N/A</lei>
        <title>CHINA NATIONAL ACCORD MEDICINES CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000009N6"/>
          <ticker value="000028"/>
          <other otherDesc="SEDOL" value="6803601"/>
        </identifiers>
        <balance>3700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29296.24000000</valUSD>
        <pctVal>0.082264206070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA CYTS TOURS HOLDING CO LTD</name>
        <lei>N/A</lei>
        <title>CHINA CYTS TOURS HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000V14"/>
          <ticker value="600138"/>
          <other otherDesc="SEDOL" value="BP3R905"/>
        </identifiers>
        <balance>11600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20929.89000000</valUSD>
        <pctVal>0.058771391277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINKE ENTERTAINMENT</name>
        <lei>N/A</lei>
        <title>Zhejiang Jinke Culture Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001ZP8"/>
          <ticker value="300459"/>
          <other otherDesc="SEDOL" value="BD5CQN6"/>
        </identifiers>
        <balance>25043.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14147.76000000</valUSD>
        <pctVal>0.039727085936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Double Medical Technology Inc</name>
        <lei>N/A</lei>
        <title>Double Medical Technology Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000032W7"/>
          <ticker value="002901"/>
          <other otherDesc="SEDOL" value="BFY8GN9"/>
        </identifiers>
        <balance>1400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20488.15000000</valUSD>
        <pctVal>0.057530979866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI MALING AQUARIUS</name>
        <lei>N/A</lei>
        <title>SHANGHAI MALING AQUARIUS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000RS2"/>
          <ticker value="600073"/>
          <other otherDesc="SEDOL" value="BP3RDN6"/>
        </identifiers>
        <balance>13200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25512.46000000</valUSD>
        <pctVal>0.071639304798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Betta Pharmaceuticals Co Ltd</name>
        <lei>N/A</lei>
        <title>Betta Pharmaceuticals Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002DD9"/>
          <ticker value="300558"/>
          <other otherDesc="SEDOL" value="BYPCYC8"/>
        </identifiers>
        <balance>1800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34379.81000000</valUSD>
        <pctVal>0.096538933819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG WEIMING ENVIRONMENT PROTECTION CO LTD</name>
        <lei>300300MI4URDDZP5ZT02</lei>
        <title>ZHEJIANG WEIMING ENVIRONMENT PROTECTION CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023N5"/>
          <ticker value="603568"/>
          <other otherDesc="SEDOL" value="BYZW4G2"/>
        </identifiers>
        <balance>11329.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41361.44000000</valUSD>
        <pctVal>0.116143437640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI 2345 NETWORK HOLD</name>
        <lei>N/A</lei>
        <title>SHANGHAI 2345 NETWORK HOL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008K2"/>
          <ticker value="002195"/>
          <other otherDesc="SEDOL" value="BD5CMF0"/>
        </identifiers>
        <balance>164715.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>72615.70000000</valUSD>
        <pctVal>0.203905788209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI MECHANICAL AND EL</name>
        <lei>N/A</lei>
        <title>SHANGHAI MECHANICAL AND E</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000B91"/>
          <ticker value="600835"/>
          <other otherDesc="SEDOL" value="BP3R7Q7"/>
        </identifiers>
        <balance>3049.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8056.13000000</valUSD>
        <pctVal>0.022621713177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DASHENLIN PHARMACEUTICAL GROUP</name>
        <lei>300300TO4U1GUOTTHK82</lei>
        <title>DaShenLin Pharmaceutical Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RG2"/>
          <ticker value="603233"/>
          <other otherDesc="SEDOL" value="BYVZ6K3"/>
        </identifiers>
        <balance>5292.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>65811.06000000</valUSD>
        <pctVal>0.184798274508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUNNAN ALUMINIUM CO LTD</name>
        <lei>3003008AXWSVMLG3MX37</lei>
        <title>YUNNAN ALUMINIUM CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VG9"/>
          <ticker value="000807"/>
          <other otherDesc="SEDOL" value="6105794"/>
        </identifiers>
        <balance>42600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37996.29000000</valUSD>
        <pctVal>0.106694054612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEIFU HIGH-TECHNOLOGY GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>WEIFU HIGH-TECHNOLOGY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000002G5"/>
          <ticker value="000581"/>
          <other otherDesc="SEDOL" value="6129255"/>
        </identifiers>
        <balance>15900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>57840.97000000</valUSD>
        <pctVal>0.162418162720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEILONGJIANG AGRICULTURE-</name>
        <lei>300300QU9AQS1YMTV002</lei>
        <title>HEILONGJIANG AGRICULTURE-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019Z9"/>
          <ticker value="600598"/>
          <other otherDesc="SEDOL" value="BFF5BX4"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>88288.10000000</valUSD>
        <pctVal>0.247914082217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DONGFANG ELECTRIC CORP LTD</name>
        <lei>529900ISAW6T566F0R12</lei>
        <title>DONGFANG ELECTRIC CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000J28"/>
          <ticker value="600875"/>
          <other otherDesc="SEDOL" value="BP3R604"/>
        </identifiers>
        <balance>22800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33316.50000000</valUSD>
        <pctVal>0.093553146122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING TIANTAN BIOLOGICAL</name>
        <lei>N/A</lei>
        <title>BEIJING TIANTAN BIOLOGICA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WF9"/>
          <ticker value="600161"/>
          <other otherDesc="SEDOL" value="BP3R9J4"/>
        </identifiers>
        <balance>13186.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>81480.14000000</valUSD>
        <pctVal>0.228797245914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WANFENG AUTO WHEEL</name>
        <lei>N/A</lei>
        <title>Zhejiang Wanfeng Auto Wheel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001PF1"/>
          <ticker value="002085"/>
          <other otherDesc="SEDOL" value="BD5CJN7"/>
        </identifiers>
        <balance>43800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45140.80000000</valUSD>
        <pctVal>0.126755927498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VENUSTECH GROUP INC</name>
        <lei>N/A</lei>
        <title>VENUSTECH GROUP INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QJ2"/>
          <ticker value="002439"/>
          <other otherDesc="SEDOL" value="BD5CJQ0"/>
        </identifiers>
        <balance>11048.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61511.28000000</valUSD>
        <pctVal>0.172724438822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WANGSU</name>
        <lei>N/A</lei>
        <title>Wangsu Science &amp; Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GQ8"/>
          <ticker value="300017"/>
          <other otherDesc="SEDOL" value="B4RHV31"/>
        </identifiers>
        <balance>17000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22731.85000000</valUSD>
        <pctVal>0.063831317355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAFA INDUSTRIAL CO LTD Z</name>
        <lei>N/A</lei>
        <title>HUAFA INDUSTRIAL CO LTD Z</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001GR5"/>
          <ticker value="600325"/>
          <other otherDesc="SEDOL" value="BP3RG37"/>
        </identifiers>
        <balance>37200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>38393.06000000</valUSD>
        <pctVal>0.107808189703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flat Glass Group Co Ltd</name>
        <lei>300300BEL4RMXBKEA373</lei>
        <title>Flat Glass Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003HV0"/>
          <ticker value="601865"/>
          <other otherDesc="SEDOL" value="BJLMPM4"/>
        </identifiers>
        <balance>5700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20003.21000000</valUSD>
        <pctVal>0.056169262318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUNNAN COPPER CO LTD</name>
        <lei>300300BFPGI267QXCG14</lei>
        <title>YUNNAN COPPER CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000W13"/>
          <ticker value="000878"/>
          <other otherDesc="SEDOL" value="6145615"/>
        </identifiers>
        <balance>22900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>50076.93000000</valUSD>
        <pctVal>0.140616641893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DALIAN PORT PDA CO LTD</name>
        <lei>529900N68F8UROUIBV86</lei>
        <title>DALIAN PORT PDA CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000X77"/>
          <ticker value="601880"/>
          <other otherDesc="SEDOL" value="BP3RBC1"/>
        </identifiers>
        <balance>59500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17545.22000000</valUSD>
        <pctVal>0.049267195846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TANGSHAN JIDONG CEMENT CO LTD</name>
        <lei>3003008JAIR3NZT2IK64</lei>
        <title>TANGSHAN JIDONG CEMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GX5"/>
          <ticker value="000401"/>
          <other otherDesc="SEDOL" value="6889946"/>
        </identifiers>
        <balance>24925.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>65202.40000000</valUSD>
        <pctVal>0.183089149662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNAN DAKANG INTL FOOD &amp;AG</name>
        <lei>N/A</lei>
        <title>HUNAN DAKANG INTL FOOD &amp;A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WV5"/>
          <ticker value="002505"/>
          <other otherDesc="SEDOL" value="B5VYRW6"/>
        </identifiers>
        <balance>75820.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31101.44000000</valUSD>
        <pctVal>0.087333230109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTERN MINING CO LTD</name>
        <lei>300300QBV4A9N1NDK519</lei>
        <title>WESTERN MINING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000619"/>
          <ticker value="601168"/>
          <other otherDesc="SEDOL" value="B1Z6XM2"/>
        </identifiers>
        <balance>60700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>71064.62000000</valUSD>
        <pctVal>0.199550336289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG FENGHUA ADVANCED TECHNOLOGY HOLDING CO LTD</name>
        <lei>300300Y5HPGKODY5W067</lei>
        <title>GUANGDONG FENGHUA ADVANCED TECHNOLOGY HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GH8"/>
          <ticker value="000636"/>
          <other otherDesc="SEDOL" value="6335052"/>
        </identifiers>
        <balance>31300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>148085.92000000</valUSD>
        <pctVal>0.415827104061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA NATIONAL MEDICINES</name>
        <lei>300300OVHIHIM0CJI911</lei>
        <title>CHINA NATIONAL MEDICINES</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001D56"/>
          <ticker value="600511"/>
          <other otherDesc="SEDOL" value="BP3R9B6"/>
        </identifiers>
        <balance>4833.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31628.31000000</valUSD>
        <pctVal>0.088812687618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guizhou Gas Group Corp Ltd</name>
        <lei>300300KI1O2Q0VGF0O44</lei>
        <title>Guizhou Gas Group Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002TM6"/>
          <ticker value="600903"/>
          <other otherDesc="SEDOL" value="BZ3CZ91"/>
        </identifiers>
        <balance>9900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16691.97000000</valUSD>
        <pctVal>0.046871259240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MEHECO CO LTD</name>
        <lei>300300PBRRWGVD4VNQ86</lei>
        <title>CHINA MEHECO CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Q29"/>
          <ticker value="600056"/>
          <other otherDesc="SEDOL" value="BP3R8X1"/>
        </identifiers>
        <balance>7287.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16860.42000000</valUSD>
        <pctVal>0.047344268934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN YUTO PACKAGING TE</name>
        <lei>300300FSMGQ1XKYWTT66</lei>
        <title>SHENZHEN YUTO PACKAGING TE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002H00"/>
          <ticker value="002831"/>
          <other otherDesc="SEDOL" value="BD6QWS4"/>
        </identifiers>
        <balance>12180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>65662.44000000</valUSD>
        <pctVal>0.184380947701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONCIN MOTOR CO LTD</name>
        <lei>300300UMZLAO4ZKCQD58</lei>
        <title>LONCIN MOTOR CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001JP2"/>
          <ticker value="603766"/>
          <other otherDesc="SEDOL" value="BP3RD25"/>
        </identifiers>
        <balance>22200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13805.53000000</valUSD>
        <pctVal>0.038766099842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RIZHAO PORT CO LTD</name>
        <lei>3003002PPJPLLOXR6470</lei>
        <title>RIZHAO PORT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P03"/>
          <ticker value="600017"/>
          <other otherDesc="SEDOL" value="B1G2SZ7"/>
        </identifiers>
        <balance>80200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33015.20000000</valUSD>
        <pctVal>0.092707091977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING URBAN CONSTRUCTION</name>
        <lei>30030082C6Q622LWRT27</lei>
        <title>BEIJING URBAN CONSTRUCTION</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Y52"/>
          <ticker value="600266"/>
          <other otherDesc="SEDOL" value="6138239"/>
        </identifiers>
        <balance>43248.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36806.54000000</valUSD>
        <pctVal>0.103353221823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Shougang Co Ltd</name>
        <lei>300300YR8OUFTTXKZB24</lei>
        <title>Beijing Shougang Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001196"/>
          <ticker value="000959"/>
          <other otherDesc="SEDOL" value="6242390"/>
        </identifiers>
        <balance>18400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14155.29000000</valUSD>
        <pctVal>0.039748230269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHONGSHAN PUBLIC UTILITIES GROUP CO LTD</name>
        <lei>3003002ENLIAIQFZX208</lei>
        <title>ZHONGSHAN PUBLIC UTILITIES GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000006B7"/>
          <ticker value="000685"/>
          <other otherDesc="SEDOL" value="6344520"/>
        </identifiers>
        <balance>22760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28872.37000000</valUSD>
        <pctVal>0.081073973842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SGIS Songshan Co Ltd</name>
        <lei>N/A</lei>
        <title>SGIS Songshan Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PW8"/>
          <ticker value="000717"/>
          <other otherDesc="SEDOL" value="BD6QTY9"/>
        </identifiers>
        <balance>49500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31649.71000000</valUSD>
        <pctVal>0.088872779084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GEM CO LTD</name>
        <lei>N/A</lei>
        <title>GEM CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000KT4"/>
          <ticker value="002340"/>
          <other otherDesc="SEDOL" value="B5KQVW1"/>
        </identifiers>
        <balance>94952.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>75126.61000000</valUSD>
        <pctVal>0.210956454700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WUXI RURAL COMMERCIAL BAN</name>
        <lei>300300C1114632000032</lei>
        <title>WUXI RURAL COMMERCIAL BAN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000030K6"/>
          <ticker value="600908"/>
          <other otherDesc="SEDOL" value="BYYZM68"/>
        </identifiers>
        <balance>56300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>48161.10000000</valUSD>
        <pctVal>0.135236967440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANJING GAOKE CO LTD</name>
        <lei>300300BSF28T0B8MFG73</lei>
        <title>NANJING GAOKE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PX6"/>
          <ticker value="600064"/>
          <other otherDesc="SEDOL" value="6094900"/>
        </identifiers>
        <balance>37620.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>63868.82000000</valUSD>
        <pctVal>0.179344440446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIP DEV</name>
        <lei>529900CWRQN9ME25NV73</lei>
        <title>COSCO SHIPPING Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008F2"/>
          <ticker value="601866"/>
          <other otherDesc="SEDOL" value="B29PXW2"/>
        </identifiers>
        <balance>74300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22994.03000000</valUSD>
        <pctVal>0.064567522054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YANTAI JEREH OILFIELD SERVICES GROUP CO LTD</name>
        <lei>300300QPHWK638H2EU20</lei>
        <title>YANTAI JEREH OILFIELD SERVICES GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000L55"/>
          <ticker value="002353"/>
          <other otherDesc="SEDOL" value="BD5CMC7"/>
        </identifiers>
        <balance>11641.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>58202.45000000</valUSD>
        <pctVal>0.163433203053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG TAPAI GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>GUANGDONG TAPAI GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000BC9"/>
          <ticker value="002233"/>
          <other otherDesc="SEDOL" value="B2R82S2"/>
        </identifiers>
        <balance>700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>1611.46000000</valUSD>
        <pctVal>0.004524999710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yangnong Chemical</name>
        <lei>N/A</lei>
        <title>Jiangsu Yangnong Chemical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001B66"/>
          <ticker value="600486"/>
          <other otherDesc="SEDOL" value="6546069"/>
        </identifiers>
        <balance>2700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36068.06000000</valUSD>
        <pctVal>0.101279560804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YISHENG</name>
        <lei>N/A</lei>
        <title>Shandong Yisheng Livestock &amp; Poultry Breeding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000SC3"/>
          <ticker value="002458"/>
          <other otherDesc="SEDOL" value="B418583"/>
        </identifiers>
        <balance>5100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11539.64000000</valUSD>
        <pctVal>0.032403452557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Financial Leasing Co L</name>
        <lei>300300D3002932000087</lei>
        <title>Jiangsu Financial Leasing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002SX5"/>
          <ticker value="600901"/>
          <other otherDesc="SEDOL" value="BFZ07H5"/>
        </identifiers>
        <balance>300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>262.32000000</valUSD>
        <pctVal>0.000736597820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STEC</name>
        <lei>300300MM4YQNHL44T156</lei>
        <title>Shanghai Tunnel Engineering Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000B83"/>
          <ticker value="600820"/>
          <other otherDesc="SEDOL" value="BP3R7J0"/>
        </identifiers>
        <balance>45800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39981.31000000</valUSD>
        <pctVal>0.112268015445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG CONBA PHARMACEUTICAL CO LTD</name>
        <lei>300300LYPEXDXC8YSI39</lei>
        <title>ZHEJIANG CONBA PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001H86"/>
          <ticker value="600572"/>
          <other otherDesc="SEDOL" value="B00PJD0"/>
        </identifiers>
        <balance>67340.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>55639.08000000</valUSD>
        <pctVal>0.156235228231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU ZONGYI CO LTD</name>
        <lei>N/A</lei>
        <title>JIANGSU ZONGYI CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000N97"/>
          <ticker value="600770"/>
          <other otherDesc="SEDOL" value="6485548"/>
        </identifiers>
        <balance>33900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32859.29000000</valUSD>
        <pctVal>0.092269294759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YISHENG</name>
        <lei>N/A</lei>
        <title>Shandong Yisheng Livestock &amp; Poultry Breeding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000SC3"/>
          <ticker value="002458"/>
          <other otherDesc="SEDOL" value="BD5LSW6"/>
        </identifiers>
        <balance>20500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>46384.83000000</valUSD>
        <pctVal>0.130249179201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUCHANG PHARMA</name>
        <lei>N/A</lei>
        <title>Shandong Buchang Pharmaceuticals Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FV6"/>
          <ticker value="603858"/>
          <other otherDesc="SEDOL" value="BYW5NC3"/>
        </identifiers>
        <balance>20200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>81858.02000000</valUSD>
        <pctVal>0.229858337651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUOMAI TECHNOLOGIES INC</name>
        <lei>300300QUAEH7VX8XL462</lei>
        <title>GUOMAI TECHNOLOGIES INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001PR6"/>
          <ticker value="002093"/>
          <other otherDesc="SEDOL" value="B1JB4S6"/>
        </identifiers>
        <balance>12700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16648.32000000</valUSD>
        <pctVal>0.046748689497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GYFZ</name>
        <lei>3003003Q7265DHFXJU95</lei>
        <title>Tianjin Guangyu Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000271"/>
          <ticker value="000537"/>
          <other otherDesc="SEDOL" value="6902605"/>
        </identifiers>
        <balance>200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>228.60000000</valUSD>
        <pctVal>0.000641911641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN EVERWIN PRECISION</name>
        <lei>N/A</lei>
        <title>SHENZHEN EVERWIN PRECISIO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000T40"/>
          <ticker value="300115"/>
          <other otherDesc="SEDOL" value="B4YXJ49"/>
        </identifiers>
        <balance>14080.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>49863.63000000</valUSD>
        <pctVal>0.140017692842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ORIENT NATIONAL COMMUNICATION SCIENCE &amp; TECHNOLOGY CO LTD</name>
        <lei>300300NIFA1100059317</lei>
        <title>BEIJING ORIENT NATIONAL COMMUNICATION SCIENCE &amp; TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000ZB0"/>
          <ticker value="300166"/>
          <other otherDesc="SEDOL" value="BD5CFD9"/>
        </identifiers>
        <balance>19000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39385.14000000</valUSD>
        <pctVal>0.110593962675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TUS-EST</name>
        <lei>300300D7TRP8H70GDO75</lei>
        <title>Tus Environmental Science And Technology Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BX6"/>
          <ticker value="000826"/>
          <other otherDesc="SEDOL" value="BD5CLZ3"/>
        </identifiers>
        <balance>23300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30339.69000000</valUSD>
        <pctVal>0.085194226640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DONGFANG ELECTRIC CORP LTD</name>
        <lei>529900ISAW6T566F0R12</lei>
        <title>DONGFANG ELECTRIC CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000J28"/>
          <ticker value="600875"/>
          <other otherDesc="SEDOL" value="6278577"/>
        </identifiers>
        <balance>25500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37261.87000000</valUSD>
        <pctVal>0.104631794123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuxi Taiji Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Wuxi Taiji Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000B00"/>
          <ticker value="600667"/>
          <other otherDesc="SEDOL" value="6874061"/>
        </identifiers>
        <balance>11300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18574.08000000</valUSD>
        <pctVal>0.052156247514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUBEI XINGFA CHEMICALS GRP</name>
        <lei>300300VDBHR35WWCOK67</lei>
        <title>HUBEI XINGFA CHEMICALS GR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000ZC9"/>
          <ticker value="600141"/>
          <other otherDesc="SEDOL" value="6156048"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>6779.27000000</valUSD>
        <pctVal>0.019036274426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNAN GOLD CORP LTD</name>
        <lei>3003001KTZAZUA4L3K12</lei>
        <title>HUNAN GOLD CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000006B5"/>
          <ticker value="002155"/>
          <other otherDesc="SEDOL" value="BD5C959"/>
        </identifiers>
        <balance>10200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14190.04000000</valUSD>
        <pctVal>0.039845808701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUJIAN LONGKING CO LTD</name>
        <lei>300300YJ8QNS68PDNL14</lei>
        <title>FUJIAN LONGKING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016G5"/>
          <ticker value="600388"/>
          <other otherDesc="SEDOL" value="BP3R916"/>
        </identifiers>
        <balance>16200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25776.97000000</valUSD>
        <pctVal>0.072382052166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIZHONG ENERGY RESOURCES CO LTD</name>
        <lei>N/A</lei>
        <title>JIZHONG ENERGY RESOURCES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000010H6"/>
          <ticker value="000937"/>
          <other otherDesc="SEDOL" value="6170015"/>
        </identifiers>
        <balance>26300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14358.79000000</valUSD>
        <pctVal>0.040319660799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>huahaipharm</name>
        <lei>300300A5ITVN4JK5AS34</lei>
        <title>Zhejiang Huahai Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DL5"/>
          <ticker value="600521"/>
          <other otherDesc="SEDOL" value="BP3RBR6"/>
        </identifiers>
        <balance>15510.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>99327.58000000</valUSD>
        <pctVal>0.278913079277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHANGJIANG PUBLISHING &amp; MEDIA CO LTD</name>
        <lei>N/A</lei>
        <title>CHANGJIANG PUBLISHING &amp; MEDIA CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MQ7"/>
          <ticker value="600757"/>
          <other otherDesc="SEDOL" value="BYV1SM7"/>
        </identifiers>
        <balance>4412.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>3819.27000000</valUSD>
        <pctVal>0.010724557633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIC HEAVY INDUSTRIES CO</name>
        <lei>300300TK4X6AKPJCG226</lei>
        <title>CITIC HEAVY INDUSTRIES CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001SX7"/>
          <ticker value="601608"/>
          <other otherDesc="SEDOL" value="B4JQJR6"/>
        </identifiers>
        <balance>75500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44195.87000000</valUSD>
        <pctVal>0.124102552312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA NATIONAL MEDICINES CORP LTD</name>
        <lei>300300OVHIHIM0CJI911</lei>
        <title>CHINA NATIONAL MEDICINES CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001D56"/>
          <ticker value="600511"/>
          <other otherDesc="SEDOL" value="6564919"/>
        </identifiers>
        <balance>8300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>54317.18000000</valUSD>
        <pctVal>0.152523316600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOU YU TE GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>SOU YU TE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WR3"/>
          <ticker value="002503"/>
          <other otherDesc="SEDOL" value="BD5M216"/>
        </identifiers>
        <balance>51400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20033.87000000</valUSD>
        <pctVal>0.056255355980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HONGFA TECHNOLOGY CO LTD-</name>
        <lei>N/A</lei>
        <title>HONGFA TECHNOLOGY CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000JK6"/>
          <ticker value="600885"/>
          <other otherDesc="SEDOL" value="6950347"/>
        </identifiers>
        <balance>14940.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>101805.64000000</valUSD>
        <pctVal>0.285871502559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liaoning Cheng Da Co Ltd</name>
        <lei>300300ZCCWKNUJRL8D79</lei>
        <title>Liaoning Cheng Da Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LY3"/>
          <ticker value="600739"/>
          <other otherDesc="SEDOL" value="BP3R5Z2"/>
        </identifiers>
        <balance>53458.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>204536.18000000</valUSD>
        <pctVal>0.574340135815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Angang Steel Co Ltd</name>
        <lei>213800QMMVMR3ABCKL62</lei>
        <title>Angang Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000SQ4"/>
          <ticker value="000898"/>
          <other otherDesc="SEDOL" value="BD5CQ47"/>
        </identifiers>
        <balance>83400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32749.81000000</valUSD>
        <pctVal>0.091961873558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING JETSEN TECHNOLOGY</name>
        <lei>300300PZ0BHFCRQWAW43</lei>
        <title>BEIJING JETSEN TECHNOLOGY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000010B7"/>
          <ticker value="300182"/>
          <other otherDesc="SEDOL" value="BD5CJT3"/>
        </identifiers>
        <balance>28900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24258.06000000</valUSD>
        <pctVal>0.068116934006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA INTERNATIONAL MARINE CONTAINERS GROUP CO LTD</name>
        <lei>300300Q7JK7J0KAIEA51</lei>
        <title>CHINA INTERNATIONAL MARINE CONTAINERS GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000644"/>
          <ticker value="000039"/>
          <other otherDesc="SEDOL" value="BD5CPX9"/>
        </identifiers>
        <balance>20240.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25882.43000000</valUSD>
        <pctVal>0.072678185157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNGROW POWER SUPPLY CO LTD</name>
        <lei>N/A</lei>
        <title>SUNGROW POWER SUPPLY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000018M7"/>
          <ticker value="300274"/>
          <other otherDesc="SEDOL" value="B40J509"/>
        </identifiers>
        <balance>25800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>82594.05000000</valUSD>
        <pctVal>0.231925119040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHONGQING GAS GROUP CORP L</name>
        <lei>N/A</lei>
        <title>CHONGQING GAS GROUP CORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001V03"/>
          <ticker value="600917"/>
          <other otherDesc="SEDOL" value="BQ45PZ2"/>
        </identifiers>
        <balance>3900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4224.34000000</valUSD>
        <pctVal>0.011861999228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>C&amp;S Paper Co Ltd</name>
        <lei>300300KGJXXRAEEKSC37</lei>
        <title>C&amp;S Paper Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000X36"/>
          <ticker value="002511"/>
          <other otherDesc="SEDOL" value="B589J39"/>
        </identifiers>
        <balance>5700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20402.61000000</valUSD>
        <pctVal>0.057290782483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuchan Zhongda Group Co Ltd</name>
        <lei>300300PA9D9DEGG5M059</lei>
        <title>Wuchan Zhongda Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000KF4"/>
          <ticker value="600704"/>
          <other otherDesc="SEDOL" value="BP3RFD0"/>
        </identifiers>
        <balance>88000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>62817.69000000</valUSD>
        <pctVal>0.176392854341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ecovacs Robotics Co Ltd</name>
        <lei>N/A</lei>
        <title>Ecovacs Robotics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000031N8"/>
          <ticker value="603486"/>
          <other otherDesc="SEDOL" value="BFD1BQ7"/>
        </identifiers>
        <balance>4740.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26688.15000000</valUSD>
        <pctVal>0.074940656932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI 2345 NETWORK HOLDING GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>SHANGHAI 2345 NETWORK HOLDING GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008K2"/>
          <ticker value="002195"/>
          <other otherDesc="SEDOL" value="B29LC34"/>
        </identifiers>
        <balance>85433.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37663.70000000</valUSD>
        <pctVal>0.105760137758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ULTRAPOWER SOFTWAR</name>
        <lei>3003009GAHTJ9CTNFB80</lei>
        <title>BEIJING ULTRAPOWER SOFTWA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000H51"/>
          <ticker value="300002"/>
          <other otherDesc="SEDOL" value="BD5CLJ7"/>
        </identifiers>
        <balance>29000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27898.05000000</valUSD>
        <pctVal>0.078338071171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ovctek China Inc</name>
        <lei>N/A</lei>
        <title>Ovctek China Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002MR0"/>
          <ticker value="300595"/>
          <other otherDesc="SEDOL" value="BYYPSD7"/>
        </identifiers>
        <balance>2600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24788.11000000</valUSD>
        <pctVal>0.069605320995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OPPLE LIGHTING CO LTD</name>
        <lei>N/A</lei>
        <title>OPPLE LIGHTING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FW4"/>
          <ticker value="603515"/>
          <other otherDesc="SEDOL" value="BYP2064"/>
        </identifiers>
        <balance>230.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>980.40000000</valUSD>
        <pctVal>0.002752975386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANG ZHOU GREAT STAR INDUS</name>
        <lei>N/A</lei>
        <title>HANG ZHOU GREAT STAR INDU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000RC5"/>
          <ticker value="002444"/>
          <other otherDesc="SEDOL" value="BD5CG70"/>
        </identifiers>
        <balance>5100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16170.39000000</valUSD>
        <pctVal>0.045406656117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangzhou Kingmed Diagnostics</name>
        <lei>N/A</lei>
        <title>Guangzhou Kingmed Diagnostics Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002VW1"/>
          <ticker value="603882"/>
          <other otherDesc="SEDOL" value="BYWQ3L5"/>
        </identifiers>
        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45585.16000000</valUSD>
        <pctVal>0.128003695901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUBEI KAILE SCIENCE &amp; TEC</name>
        <lei>3003002LF6N3XX7UQE31</lei>
        <title>HUBEI KAILE SCIENCE &amp; TEC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013H0"/>
          <ticker value="600260"/>
          <other otherDesc="SEDOL" value="6263744"/>
        </identifiers>
        <balance>17140.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33452.81000000</valUSD>
        <pctVal>0.093935906296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG HUALU HENGSHENG CHEMICAL CO LTD</name>
        <lei>N/A</lei>
        <title>SHANDONG HUALU HENGSHENG CHEMICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BM7"/>
          <ticker value="600426"/>
          <other otherDesc="SEDOL" value="6532897"/>
        </identifiers>
        <balance>28413.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>111490.22000000</valUSD>
        <pctVal>0.313065923578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CCOOP Group Co Ltd</name>
        <lei>30030095OU2G4MML7E28</lei>
        <title>CCOOP Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000003W0"/>
          <ticker value="000564"/>
          <other otherDesc="SEDOL" value="6981080"/>
        </identifiers>
        <balance>35300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17468.87000000</valUSD>
        <pctVal>0.049052804097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIJIAZHUANG CHANGSHAN BEIMING TECHNOLOGY CO LTD</name>
        <lei>300300QMBQN1S6XBVJ04</lei>
        <title>SHIJIAZHUANG CHANGSHAN BEIMING TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013X7"/>
          <ticker value="000158"/>
          <other otherDesc="SEDOL" value="BD5CGP8"/>
        </identifiers>
        <balance>29900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41465.34000000</valUSD>
        <pctVal>0.116435190132</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>szkingdom</name>
        <lei>N/A</lei>
        <title>Shenzhen Kingdom Sci-Tech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001GF0"/>
          <ticker value="600446"/>
          <other otherDesc="SEDOL" value="BP3RCG2"/>
        </identifiers>
        <balance>21100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61911.16000000</valUSD>
        <pctVal>0.173847306832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SICHUAN HEBANG BIOTECHNOL- A</name>
        <lei>30030072W72E4N589G74</lei>
        <title>SICHUAN HEBANG BIOTECHNOL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001JM9"/>
          <ticker value="603077"/>
          <other otherDesc="SEDOL" value="BP3RF41"/>
        </identifiers>
        <balance>91120.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18622.25000000</valUSD>
        <pctVal>0.052291509473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIVZON PHARMACEUTICAL GROUP INC</name>
        <lei>529900Y4GWTVVTORJ443</lei>
        <title>LIVZON PHARMACEUTICAL GROUP INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000002Y8"/>
          <ticker value="000513"/>
          <other otherDesc="SEDOL" value="6997139"/>
        </identifiers>
        <balance>10934.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>85393.19000000</valUSD>
        <pctVal>0.239785138953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ZHONGKE SANHUAN H</name>
        <lei>N/A</lei>
        <title>BEIJING ZHONGKE SANHUAN H</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001261"/>
          <ticker value="000970"/>
          <other otherDesc="SEDOL" value="6242442"/>
        </identifiers>
        <balance>20700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30066.57000000</valUSD>
        <pctVal>0.084427302286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTONE INFORMATION INDUST</name>
        <lei>N/A</lei>
        <title>WESTONE INFORMATION INDUS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CM6"/>
          <ticker value="002268"/>
          <other otherDesc="SEDOL" value="B3BXJ45"/>
        </identifiers>
        <balance>15180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>48662.51000000</valUSD>
        <pctVal>0.136644932952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DA AN GENE CO LTD SUN YAT</name>
        <lei>30030092WPRQ87CXPM21</lei>
        <title>DA AN GENE CO LTD SUN YAT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001KP1"/>
          <ticker value="002030"/>
          <other otherDesc="SEDOL" value="B02FTP0"/>
        </identifiers>
        <balance>17994.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>100867.06000000</valUSD>
        <pctVal>0.283235958252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QINGDAO TGOOD ELECTRIC CO LTD</name>
        <lei>N/A</lei>
        <title>QINGDAO TGOOD ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000H69"/>
          <ticker value="300001"/>
          <other otherDesc="SEDOL" value="B4MNP10"/>
        </identifiers>
        <balance>13500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>40616.47000000</valUSD>
        <pctVal>0.114051552620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG RUNTU CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG RUNTU CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QY1"/>
          <ticker value="002440"/>
          <other otherDesc="SEDOL" value="B3MY2S2"/>
        </identifiers>
        <balance>17250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24602.21000000</valUSD>
        <pctVal>0.069083311484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apeloa Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>Apeloa Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Q45"/>
          <ticker value="000739"/>
          <other otherDesc="SEDOL" value="BD5LY17"/>
        </identifiers>
        <balance>20500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>85138.61000000</valUSD>
        <pctVal>0.239070275149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XSCE</name>
        <lei>3003006IEAP7EBNLIL41</lei>
        <title>Shanxi Xishan Coal &amp; Electricity Power Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013Y5"/>
          <ticker value="000983"/>
          <other otherDesc="SEDOL" value="6281519"/>
        </identifiers>
        <balance>21190.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13053.71000000</valUSD>
        <pctVal>0.036654979937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA CAMC ENGINEERING CO</name>
        <lei>N/A</lei>
        <title>CHINA CAMC ENGINEERING CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001N13"/>
          <ticker value="002051"/>
          <other otherDesc="SEDOL" value="BD5CHV1"/>
        </identifiers>
        <balance>2100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>2406.46000000</valUSD>
        <pctVal>0.006757369592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LAOBAIXING PHARMACY CHAIN JSC</name>
        <lei>N/A</lei>
        <title>LAOBAIXING PHARMACY CHAIN JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023Q8"/>
          <ticker value="603883"/>
          <other otherDesc="SEDOL" value="BWTV847"/>
        </identifiers>
        <balance>6440.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>83594.12000000</valUSD>
        <pctVal>0.234733328031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIANJIN PORT CO LTD</name>
        <lei>N/A</lei>
        <title>TIANJIN PORT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000L16"/>
          <ticker value="600717"/>
          <other otherDesc="SEDOL" value="BP3R7L2"/>
        </identifiers>
        <balance>9504.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>6701.07000000</valUSD>
        <pctVal>0.018816687853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YIWU CCC</name>
        <lei>300300UELW04DCUGGZ27</lei>
        <title>Zhejiang China Commodities City Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BC8"/>
          <ticker value="600415"/>
          <other otherDesc="SEDOL" value="6529532"/>
        </identifiers>
        <balance>48800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>42813.89000000</valUSD>
        <pctVal>0.120221935294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CCOOP Group Co Ltd</name>
        <lei>30030095OU2G4MML7E28</lei>
        <title>CCOOP Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000003W0"/>
          <ticker value="000564"/>
          <other otherDesc="SEDOL" value="BD5CQP8"/>
        </identifiers>
        <balance>69200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34244.92000000</valUSD>
        <pctVal>0.096160161022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COFCO BIOCHEMICAL CO LTD</name>
        <lei>300300CSR7RNP1P1CP32</lei>
        <title>COFCO BIOCHEMICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000ZR7"/>
          <ticker value="000930"/>
          <other otherDesc="SEDOL" value="6162766"/>
        </identifiers>
        <balance>42485.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>63445.62000000</valUSD>
        <pctVal>0.178156089586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DO-FLUORIDE CHEMICALS CO</name>
        <lei>300300Q9KUCF6Y6SB977</lei>
        <title>DO-FLUORIDE CHEMICALS CO-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000P85"/>
          <ticker value="002407"/>
          <other otherDesc="SEDOL" value="B3NVLZ2"/>
        </identifiers>
        <balance>14600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23614.73000000</valUSD>
        <pctVal>0.066310455370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keboda Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Keboda Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003P41"/>
          <ticker value="603786"/>
          <other otherDesc="SEDOL" value="BK5P1C8"/>
        </identifiers>
        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21065.50000000</valUSD>
        <pctVal>0.059152185843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XIAMEN FARATRONIC CO LTD</name>
        <lei>N/A</lei>
        <title>XIAMEN FARATRONIC CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001D72"/>
          <ticker value="600563"/>
          <other otherDesc="SEDOL" value="BP3RDD6"/>
        </identifiers>
        <balance>3000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28662.98000000</valUSD>
        <pctVal>0.080486004119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SICHUAN ROAD &amp; BRIDGE CO LTD</name>
        <lei>3003007YDF25LKX9OI30</lei>
        <title>SICHUAN ROAD &amp; BRIDGE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DQ4"/>
          <ticker value="600039"/>
          <other otherDesc="SEDOL" value="6599803"/>
        </identifiers>
        <balance>70100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>46867.73000000</valUSD>
        <pctVal>0.131605168403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEFAR GROUP CO LTD</name>
        <lei>300300LU3R7VY15LIQ24</lei>
        <title>BEFAR GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000L97"/>
          <ticker value="601678"/>
          <other otherDesc="SEDOL" value="B601MS6"/>
        </identifiers>
        <balance>22716.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16845.58000000</valUSD>
        <pctVal>0.047302598029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JUNEYAO AIRLINES CO LTD</name>
        <lei>N/A</lei>
        <title>JUNEYAO AIRLINES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001ZY0"/>
          <ticker value="603885"/>
          <other otherDesc="SEDOL" value="BYQDMP9"/>
        </identifiers>
        <balance>13640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21763.31000000</valUSD>
        <pctVal>0.061111644996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN KINWONG ELECTRONI</name>
        <lei>N/A</lei>
        <title>SHENZHEN KINWONG ELECTRON</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FZ7"/>
          <ticker value="603228"/>
          <other otherDesc="SEDOL" value="BYW5QV3"/>
        </identifiers>
        <balance>10980.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>54528.94000000</valUSD>
        <pctVal>0.153117941312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN ZHONGJIN LINGNAN NONFEMET CO LTD</name>
        <lei>300300AIR5I4UM404D13</lei>
        <title>Shenzhen Zhongjin Lingnan Nonfemet Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FS7"/>
          <ticker value="000060"/>
          <other otherDesc="SEDOL" value="6188052"/>
        </identifiers>
        <balance>44900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29298.42000000</valUSD>
        <pctVal>0.082270327538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEFU HOLDING GROUP CO LTD</name>
        <lei>30030076Y21FIWN1VY24</lei>
        <title>ZHEFU HOLDING GROUP CO LT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CL8"/>
          <ticker value="002266"/>
          <other otherDesc="SEDOL" value="BD5CFS4"/>
        </identifiers>
        <balance>26400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21465.92000000</valUSD>
        <pctVal>0.060276570180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADDSINO CO LTD</name>
        <lei>N/A</lei>
        <title>ADDSINO CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DM5"/>
          <ticker value="000547"/>
          <other otherDesc="SEDOL" value="BD5CKF6"/>
        </identifiers>
        <balance>25000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>74011.36000000</valUSD>
        <pctVal>0.207824818837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING DAHAO TECHNOLOGY C</name>
        <lei>N/A</lei>
        <title>BEIJING DAHAO TECHNOLOGY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023H7"/>
          <ticker value="603025"/>
          <other otherDesc="SEDOL" value="BWTS1S3"/>
        </identifiers>
        <balance>2360.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>3465.78000000</valUSD>
        <pctVal>0.009731953319</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEIXING NBM</name>
        <lei>N/A</lei>
        <title>Zhejiang Weixing New Building Materials Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000MK9"/>
          <ticker value="002372"/>
          <other otherDesc="SEDOL" value="B619MD4"/>
        </identifiers>
        <balance>11640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24298.50000000</valUSD>
        <pctVal>0.068230490029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Enlight Media Co Ltd</name>
        <lei>3003001OIMLU5YWOKG42</lei>
        <title>Beijing Enlight Media Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001617"/>
          <ticker value="300251"/>
          <other otherDesc="SEDOL" value="B4PF9Z5"/>
        </identifiers>
        <balance>10200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24121.57000000</valUSD>
        <pctVal>0.067733668390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINYU BIO-TECHNOLOGY CO LT</name>
        <lei>N/A</lei>
        <title>JINYU BIO-TECHNOLOGY CO L</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Y37"/>
          <ticker value="600201"/>
          <other otherDesc="SEDOL" value="6136716"/>
        </identifiers>
        <balance>26390.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>110948.72000000</valUSD>
        <pctVal>0.311545384847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI FLYCO ELECTRICAL</name>
        <lei>N/A</lei>
        <title>SHANGHAI FLYCO ELECTRICAL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002771"/>
          <ticker value="603868"/>
          <other otherDesc="SEDOL" value="BYV1VP1"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8348.54000000</valUSD>
        <pctVal>0.023442804091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chacha Food Co Ltd</name>
        <lei>300300AJZ9YPIRBJZN87</lei>
        <title>Chacha Food Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000010Q5"/>
          <ticker value="002557"/>
          <other otherDesc="SEDOL" value="BD5LW57"/>
        </identifiers>
        <balance>10500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>106144.99000000</valUSD>
        <pctVal>0.298056451297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUIZHOU XINBANG PHARMACEUTICAL CO LTD</name>
        <lei>300300V0VT8TMAY8LY93</lei>
        <title>GUIZHOU XINBANG PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000NG5"/>
          <ticker value="002390"/>
          <other otherDesc="SEDOL" value="B57FH01"/>
        </identifiers>
        <balance>36250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30215.83000000</valUSD>
        <pctVal>0.084846426221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DO-FLUORIDE CHEMICALS CO</name>
        <lei>300300Q9KUCF6Y6SB977</lei>
        <title>DO-FLUORIDE CHEMICALS CO-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000P85"/>
          <ticker value="002407"/>
          <other otherDesc="SEDOL" value="BD5C8H4"/>
        </identifiers>
        <balance>15100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24423.46000000</valUSD>
        <pctVal>0.068581379262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINXING DUCTILE IRON PIPES CO LTD</name>
        <lei>300300A407JW1QWEPO04</lei>
        <title>XINXING DUCTILE IRON PIPES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000QG9"/>
          <ticker value="000778"/>
          <other otherDesc="SEDOL" value="BD5CLL9"/>
        </identifiers>
        <balance>53800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30550.78000000</valUSD>
        <pctVal>0.085786969984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA AEROSPACE TIMES ELEC</name>
        <lei>300300BZ736JB2Q7TZ38</lei>
        <title>CHINA AEROSPACE TIMES ELE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000J93"/>
          <ticker value="600879"/>
          <other otherDesc="SEDOL" value="BP3R8W0"/>
        </identifiers>
        <balance>43300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>49113.32000000</valUSD>
        <pctVal>0.137910813036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG MEDICINE CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG MEDICINE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000010J2"/>
          <ticker value="600216"/>
          <other otherDesc="SEDOL" value="BP3R9X8"/>
        </identifiers>
        <balance>8800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23444.23000000</valUSD>
        <pctVal>0.065831689250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUNNAN TIN CO LTD</name>
        <lei>3003005QWPI5MVQF6K65</lei>
        <title>YUNNAN TIN CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000011D3"/>
          <ticker value="000960"/>
          <other otherDesc="SEDOL" value="BD5CHF5"/>
        </identifiers>
        <balance>19030.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26890.85000000</valUSD>
        <pctVal>0.075509841052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RAILWAY HI-TECH INDU</name>
        <lei>3003002UYDC04RSF5385</lei>
        <title>CHINA RAILWAY HI-TECH IND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017Z3"/>
          <ticker value="600528"/>
          <other otherDesc="SEDOL" value="6350378"/>
        </identifiers>
        <balance>26400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37536.46000000</valUSD>
        <pctVal>0.105402846256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XIAMEN ITG GROUP CORP LTD</name>
        <lei>3003003DOW83VD8HRU16</lei>
        <title>XIAMEN ITG GROUP CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MN4"/>
          <ticker value="600755"/>
          <other otherDesc="SEDOL" value="BP3RD81"/>
        </identifiers>
        <balance>24000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25190.14000000</valUSD>
        <pctVal>0.070734226232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaan Securities Co Ltd</name>
        <lei>300300E1008234000093</lei>
        <title>Huaan Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GR2"/>
          <ticker value="600909"/>
          <other otherDesc="SEDOL" value="BZ3FFP6"/>
        </identifiers>
        <balance>36800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>48348.25000000</valUSD>
        <pctVal>0.135762486966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING SHOUHANG RESOURCES SAVING CO LTD</name>
        <lei>300300UV809TW59HF897</lei>
        <title>BEIJING SHOUHANG RESOURCES SAVING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001CN2"/>
          <ticker value="002665"/>
          <other otherDesc="SEDOL" value="B6TQBB8"/>
        </identifiers>
        <balance>47755.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18125.19000000</valUSD>
        <pctVal>0.050895758815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Leyard Optoelectronic Co Ltd</name>
        <lei>300300TZ3EYOENTWR527</lei>
        <title>Leyard Optoelectronic Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001CB7"/>
          <ticker value="300296"/>
          <other otherDesc="SEDOL" value="BD5M1J7"/>
        </identifiers>
        <balance>61900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>62168.37000000</valUSD>
        <pctVal>0.174569555710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUJIAN NEWLAND COMPUTER CO LTD</name>
        <lei>300300ZUFD0Z67DVAK44</lei>
        <title>FUJIAN NEWLAND COMPUTER CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014B1"/>
          <ticker value="000997"/>
          <other otherDesc="SEDOL" value="6275727"/>
        </identifiers>
        <balance>14640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37036.51000000</valUSD>
        <pctVal>0.103998980442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TUS-EST</name>
        <lei>300300D7TRP8H70GDO75</lei>
        <title>Tus Environmental Science And Technology Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BX6"/>
          <ticker value="000826"/>
          <other otherDesc="SEDOL" value="6101725"/>
        </identifiers>
        <balance>7800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10156.64000000</valUSD>
        <pctVal>0.028519971366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AECC AERO-ENGINE CONTROL CO LTD</name>
        <lei>N/A</lei>
        <title>AECC AERO-ENGINE CONTROL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000RM5"/>
          <ticker value="000738"/>
          <other otherDesc="SEDOL" value="6005247"/>
        </identifiers>
        <balance>15200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>48105.34000000</valUSD>
        <pctVal>0.135080392667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bohai Leasing Co Ltd</name>
        <lei>300300EGZP889NPOT790</lei>
        <title>Bohai Leasing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000009B1"/>
          <ticker value="000415"/>
          <other otherDesc="SEDOL" value="BD5CML6"/>
        </identifiers>
        <balance>86000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36156.08000000</valUSD>
        <pctVal>0.101526722058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LAOBAIXING PHARMACY CHAIN JSC</name>
        <lei>N/A</lei>
        <title>LAOBAIXING PHARMACY CHAIN JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023Q8"/>
          <ticker value="603883"/>
          <other otherDesc="SEDOL" value="BYZW4H3"/>
        </identifiers>
        <balance>714.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9268.04000000</valUSD>
        <pctVal>0.026024771521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUJIAN STAR-NET COMMUNICATION CO LTD</name>
        <lei>300300AHD0EEIKM4UV29</lei>
        <title>Fujian Star-net Communication Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QF0"/>
          <ticker value="002396"/>
          <other otherDesc="SEDOL" value="BD5C9T3"/>
        </identifiers>
        <balance>14200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61067.69000000</valUSD>
        <pctVal>0.171478832588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGXI HONGDU AVIATION</name>
        <lei>300300HYJRSKIC1KVZ60</lei>
        <title>JIANGXI HONGDU AVIATION</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000015N3"/>
          <ticker value="600316"/>
          <other otherDesc="SEDOL" value="6304375"/>
        </identifiers>
        <balance>18700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>100920.98000000</valUSD>
        <pctVal>0.283387366283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANYANG TOPSEC TECHNOLOGIE</name>
        <lei>N/A</lei>
        <title>NANYANG TOPSEC TECHNOLOGIE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009B9"/>
          <ticker value="002212"/>
          <other otherDesc="SEDOL" value="BD73L76"/>
        </identifiers>
        <balance>23680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>75496.14000000</valUSD>
        <pctVal>0.211994099533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DONGFENG AUTOMOBILE CO LTD</name>
        <lei>N/A</lei>
        <title>DONGFENG AUTOMOBILE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000ZT3"/>
          <ticker value="600006"/>
          <other otherDesc="SEDOL" value="6163833"/>
        </identifiers>
        <balance>34800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23419.12000000</valUSD>
        <pctVal>0.065761180058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG WANLIYANG CO LTD</name>
        <lei>3003004M3U88RF1NKD27</lei>
        <title>ZHEJIANG WANLIYANG CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QB9"/>
          <ticker value="002434"/>
          <other otherDesc="SEDOL" value="BD5LXR6"/>
        </identifiers>
        <balance>15400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22076.11000000</valUSD>
        <pctVal>0.061989991285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangshen Railway Co Ltd</name>
        <lei>529900YIR2NSEPF1UU41</lei>
        <title>Guangshen Railway Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001Q44"/>
          <ticker value="601333"/>
          <other otherDesc="SEDOL" value="BP3R6Y8"/>
        </identifiers>
        <balance>110800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39303.97000000</valUSD>
        <pctVal>0.110366036306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOINTO ENERGY INVESTMENT CO LTD HEBEI</name>
        <lei>300300N4XGNLOAQZDX67</lei>
        <title>JOINTO ENERGY INVESTMENT CO LTD HEBEI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FT5"/>
          <ticker value="000600"/>
          <other otherDesc="SEDOL" value="6770233"/>
        </identifiers>
        <balance>18500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14745.34000000</valUSD>
        <pctVal>0.041405098003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAXIN CEMENT CO LTD</name>
        <lei>300300SD5S95ZOS05G37</lei>
        <title>HUAXIN CEMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DC6"/>
          <ticker value="600801"/>
          <other otherDesc="SEDOL" value="6417228"/>
        </identifiers>
        <balance>20972.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>85598.75000000</valUSD>
        <pctVal>0.240362353988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIANJIN PORT CO LTD</name>
        <lei>N/A</lei>
        <title>TIANJIN PORT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000L16"/>
          <ticker value="600717"/>
          <other otherDesc="SEDOL" value="6878870"/>
        </identifiers>
        <balance>42960.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30290.18000000</valUSD>
        <pctVal>0.085055201945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUZHOU ANJIE TECHNOLOGY CO</name>
        <lei>N/A</lei>
        <title>SUZHOU ANJIE TECHNOLOGY C</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000019B8"/>
          <ticker value="002635"/>
          <other otherDesc="SEDOL" value="B6V9HV7"/>
        </identifiers>
        <balance>8450.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30369.33000000</valUSD>
        <pctVal>0.085277456129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INNER MONGOLIA MENGDIAN HUANENG THERMAL POWER CORP LTD</name>
        <lei>300300IBR8JN06GQOJ17</lei>
        <title>INNER MONGOLIA MENGDIAN HUANENG THERMAL POWER CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GN6"/>
          <ticker value="600863"/>
          <other otherDesc="SEDOL" value="BP3R723"/>
        </identifiers>
        <balance>57300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21915.24000000</valUSD>
        <pctVal>0.061538266325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONCIN MOTOR CO LTD</name>
        <lei>300300UMZLAO4ZKCQD58</lei>
        <title>LONCIN MOTOR CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001JP2"/>
          <ticker value="603766"/>
          <other otherDesc="SEDOL" value="B802517"/>
        </identifiers>
        <balance>22450.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13960.99000000</valUSD>
        <pctVal>0.039202633454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUJIAN LONGKING CO LTD</name>
        <lei>300300YJ8QNS68PDNL14</lei>
        <title>FUJIAN LONGKING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016G5"/>
          <ticker value="600388"/>
          <other otherDesc="SEDOL" value="6314705"/>
        </identifiers>
        <balance>21000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33414.59000000</valUSD>
        <pctVal>0.093828584061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAR EAST SMARTER ENERGY CO</name>
        <lei>N/A</lei>
        <title>FAR EAST SMARTER ENERGY C</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HQ7"/>
          <ticker value="600869"/>
          <other otherDesc="SEDOL" value="6712183"/>
        </identifiers>
        <balance>48200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29129.82000000</valUSD>
        <pctVal>0.081796896642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nanjing Hanrui Cobalt Co Ltd</name>
        <lei>N/A</lei>
        <title>Nanjing Hanrui Cobalt Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002PM4"/>
          <ticker value="300618"/>
          <other otherDesc="SEDOL" value="BDV0V51"/>
        </identifiers>
        <balance>1500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16135.79000000</valUSD>
        <pctVal>0.045309498887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chow Tai Seng Jewellery Co Ltd</name>
        <lei>N/A</lei>
        <title>Chow Tai Seng Jewellery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002QJ8"/>
          <ticker value="002867"/>
          <other otherDesc="SEDOL" value="BFCCQP5"/>
        </identifiers>
        <balance>9200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34998.76000000</valUSD>
        <pctVal>0.098276953112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOMATECH</name>
        <lei>300300XZFDR8F1T64T13</lei>
        <title>Sinoma Science &amp; Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P78"/>
          <ticker value="002080"/>
          <other otherDesc="SEDOL" value="BD5LVM7"/>
        </identifiers>
        <balance>23300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>67788.13000000</valUSD>
        <pctVal>0.190349911643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINJIANG ZHONGTAI CHEMICAL</name>
        <lei>3003007INCLFKEH1K579</lei>
        <title>XINJIANG ZHONGTAI CHEMICA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001PP0"/>
          <ticker value="002092"/>
          <other otherDesc="SEDOL" value="BD5CB97"/>
        </identifiers>
        <balance>35500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26014.92000000</valUSD>
        <pctVal>0.073050218724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG CHENMING PAPER HOLDINGS LTD</name>
        <lei>529900P6JZBO1IUEWF07</lei>
        <title>SHANDONG CHENMING PAPER HOLDINGS LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000015H5"/>
          <ticker value="000488"/>
          <other otherDesc="SEDOL" value="BD5CQ14"/>
        </identifiers>
        <balance>25350.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21500.30000000</valUSD>
        <pctVal>0.060373109647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU KANION PHARMACEUTICAL CO LTD</name>
        <lei>300300ZWYT4L0NQ3HS42</lei>
        <title>JIANGSU KANION PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001CL7"/>
          <ticker value="600557"/>
          <other otherDesc="SEDOL" value="6545839"/>
        </identifiers>
        <balance>13248.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25063.73000000</valUSD>
        <pctVal>0.070379265381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinotrans Ltd</name>
        <lei>5299005U1RZLKVFWR249</lei>
        <title>Sinotrans Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003GS8"/>
          <ticker value="601598"/>
          <other otherDesc="SEDOL" value="BGW7583"/>
        </identifiers>
        <balance>13800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7373.11000000</valUSD>
        <pctVal>0.020703784527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN JINJIA GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN JINJIA GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008B1"/>
          <ticker value="002191"/>
          <other otherDesc="SEDOL" value="B298V83"/>
        </identifiers>
        <balance>23700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36430.67000000</valUSD>
        <pctVal>0.102297774191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZIBO QIXIANG TENGDA CHEMICAL CO LTD</name>
        <lei>N/A</lei>
        <title>ZIBO QIXIANG TENGDA CHEMICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000P93"/>
          <ticker value="002408"/>
          <other otherDesc="SEDOL" value="BD5LZV4"/>
        </identifiers>
        <balance>9900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12746.60000000</valUSD>
        <pctVal>0.035792611239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liaoning Cheng Da Co Ltd</name>
        <lei>300300ZCCWKNUJRL8D79</lei>
        <title>Liaoning Cheng Da Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LY3"/>
          <ticker value="600739"/>
          <other otherDesc="SEDOL" value="6515854"/>
        </identifiers>
        <balance>13400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>51269.87000000</valUSD>
        <pctVal>0.143966432242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN TAGEN GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN TAGEN GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000F89"/>
          <ticker value="000090"/>
          <other otherDesc="SEDOL" value="6164353"/>
        </identifiers>
        <balance>19751.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22518.04000000</valUSD>
        <pctVal>0.063230936218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WUHAN GUIDE INFRARED CO LTD</name>
        <lei>3003008240B1DJP5FT46</lei>
        <title>WUHAN GUIDE INFRARED CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000RK8"/>
          <ticker value="002414"/>
          <other otherDesc="SEDOL" value="B40JZ10"/>
        </identifiers>
        <balance>20335.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>113900.70000000</valUSD>
        <pctVal>0.319834581380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANYANG TOPSEC TECHNOLOGIE</name>
        <lei>N/A</lei>
        <title>NANYANG TOPSEC TECHNOLOGIE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009B9"/>
          <ticker value="002212"/>
          <other otherDesc="SEDOL" value="B2NPBP7"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37301.72000000</valUSD>
        <pctVal>0.104743693418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PGVT</name>
        <lei>300300ONZYFDMNITT218</lei>
        <title>Pangang Group Vanadium Titanium &amp; Resources Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000007H2"/>
          <ticker value="000629"/>
          <other otherDesc="SEDOL" value="6674669"/>
        </identifiers>
        <balance>37500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11933.78000000</valUSD>
        <pctVal>0.033510202576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINGSHENG</name>
        <lei>N/A</lei>
        <title>Zhejiang Jingsheng Mechanical &amp; Electrical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001DJ8"/>
          <ticker value="300316"/>
          <other otherDesc="SEDOL" value="BD5M1Y2"/>
        </identifiers>
        <balance>16100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61247.83000000</valUSD>
        <pctVal>0.171984667947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU KANION PHARMACEUTICAL CO LTD</name>
        <lei>300300ZWYT4L0NQ3HS42</lei>
        <title>JIANGSU KANION PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001CL7"/>
          <ticker value="600557"/>
          <other otherDesc="SEDOL" value="BP3R7P6"/>
        </identifiers>
        <balance>4800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9081.06000000</valUSD>
        <pctVal>0.025499729357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tech-Bank Food Co Ltd</name>
        <lei>300300MVRC8VTTWABZ10</lei>
        <title>Tech-Bank Food Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000056"/>
          <ticker value="002124"/>
          <other otherDesc="SEDOL" value="BD6QWR3"/>
        </identifiers>
        <balance>27400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>80036.49000000</valUSD>
        <pctVal>0.224743458769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HNA TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>HNA TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MG8"/>
          <ticker value="600751"/>
          <other otherDesc="SEDOL" value="6890584"/>
        </identifiers>
        <balance>78300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41605.77000000</valUSD>
        <pctVal>0.116829519317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIANJIN CHASE SUN PHARMACEUTICAL CO LTD</name>
        <lei>N/A</lei>
        <title>TIANJIN CHASE SUN PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GF1"/>
          <ticker value="300026"/>
          <other otherDesc="SEDOL" value="BD5CGM5"/>
        </identifiers>
        <balance>32600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26983.05000000</valUSD>
        <pctVal>0.075768739798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Capital Co Ltd</name>
        <lei>30030025XAP88XOR8484</lei>
        <title>Beijing Capital Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001295"/>
          <ticker value="600008"/>
          <other otherDesc="SEDOL" value="BP3R7K1"/>
        </identifiers>
        <balance>103500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>51672.19000000</valUSD>
        <pctVal>0.145096151802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AN HUI WENERGY CO LTD</name>
        <lei>300300HYQLVPCWYFV397</lei>
        <title>AN HUI WENERGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DF9"/>
          <ticker value="000543"/>
          <other otherDesc="SEDOL" value="6037756"/>
        </identifiers>
        <balance>35630.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22157.25000000</valUSD>
        <pctVal>0.062217833413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ming Yang Smart Energy Group L</name>
        <lei>300300W76R6UJHEZL847</lei>
        <title>Ming Yang Smart Energy Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003HQ0"/>
          <ticker value="601615"/>
          <other otherDesc="SEDOL" value="BK94864"/>
        </identifiers>
        <balance>11600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26755.03000000</valUSD>
        <pctVal>0.075128456803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QFEC</name>
        <lei>N/A</lei>
        <title>BAIC BluePark New Energy Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LP1"/>
          <ticker value="600733"/>
          <other otherDesc="SEDOL" value="6187877"/>
        </identifiers>
        <balance>15200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14311.78000000</valUSD>
        <pctVal>0.040187656134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grandjoy Holdings Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Grandjoy Holdings Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BJ5"/>
          <ticker value="000031"/>
          <other otherDesc="SEDOL" value="BD5CK56"/>
        </identifiers>
        <balance>23100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18445.47000000</valUSD>
        <pctVal>0.051795109036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tech-Bank Food Co Ltd</name>
        <lei>300300MVRC8VTTWABZ10</lei>
        <title>Tech-Bank Food Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000056"/>
          <ticker value="002124"/>
          <other otherDesc="SEDOL" value="B1Q7L53"/>
        </identifiers>
        <balance>7100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20739.38000000</valUSD>
        <pctVal>0.058236436829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XIAMEN ITG GROUP CORP LTD</name>
        <lei>3003003DOW83VD8HRU16</lei>
        <title>XIAMEN ITG GROUP CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MN4"/>
          <ticker value="600755"/>
          <other otherDesc="SEDOL" value="6662909"/>
        </identifiers>
        <balance>32348.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33952.11000000</valUSD>
        <pctVal>0.095337946903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANJING KING-FRIEND BIOCHEMICA</name>
        <lei>N/A</lei>
        <title>Nanjing King-Friend Biochemical Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002WP3"/>
          <ticker value="603707"/>
          <other otherDesc="SEDOL" value="BF4LT40"/>
        </identifiers>
        <balance>4160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29883.89000000</valUSD>
        <pctVal>0.083914334575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WASU MEDIA HOLDING CO LTD</name>
        <lei>N/A</lei>
        <title>WASU MEDIA HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014L0"/>
          <ticker value="000156"/>
          <other otherDesc="SEDOL" value="6283872"/>
        </identifiers>
        <balance>14500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23643.49000000</valUSD>
        <pctVal>0.066391213807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaibei Mining Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Huaibei Mining Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001HH4"/>
          <ticker value="600985"/>
          <other otherDesc="SEDOL" value="B00WZT9"/>
        </identifiers>
        <balance>11400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15726.32000000</valUSD>
        <pctVal>0.044159702037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YANG QUAN COAL INDUSTRY GROUP CO LTD</name>
        <lei>3003003VAK50HK7DRI73</lei>
        <title>YANG QUAN COAL INDUSTRY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FP1"/>
          <ticker value="600348"/>
          <other otherDesc="SEDOL" value="6680729"/>
        </identifiers>
        <balance>30400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21301.26000000</valUSD>
        <pctVal>0.059814202853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOLONG ELECTRIC GROUP CO LTD</name>
        <lei>3003000IXRHG37CWAL12</lei>
        <title>WOLONG ELECTRIC GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BJ3"/>
          <ticker value="600580"/>
          <other otherDesc="SEDOL" value="6530017"/>
        </identifiers>
        <balance>11600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21691.90000000</valUSD>
        <pctVal>0.060911124829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huizhou Desay Sv Automotive Co</name>
        <lei>N/A</lei>
        <title>Huizhou Desay Sv Automotive Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000033C7"/>
          <ticker value="002920"/>
          <other otherDesc="SEDOL" value="BZ3ZWJ9"/>
        </identifiers>
        <balance>300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>3050.67000000</valUSD>
        <pctVal>0.008566319279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI MALING AQUARIUS</name>
        <lei>N/A</lei>
        <title>SHANGHAI MALING AQUARIUS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000RS2"/>
          <ticker value="600073"/>
          <other otherDesc="SEDOL" value="6008473"/>
        </identifiers>
        <balance>15300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29571.26000000</valUSD>
        <pctVal>0.083036465649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xinjiang Communications Constr</name>
        <lei>3003007LZ6GVSLYC3707</lei>
        <title>Xinjiang Communications Construction Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003FM3"/>
          <ticker value="002941"/>
          <other otherDesc="SEDOL" value="BK4XY80"/>
        </identifiers>
        <balance>5700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15576.54000000</valUSD>
        <pctVal>0.043739117935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELION CLEAN ENERGY CO LTD</name>
        <lei>300300DY1UNV9WJ61K80</lei>
        <title>ELION CLEAN ENERGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013S7"/>
          <ticker value="600277"/>
          <other otherDesc="SEDOL" value="6270993"/>
        </identifiers>
        <balance>39300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20538.37000000</valUSD>
        <pctVal>0.057671998251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA NONFERROUS METAL INDUSTRY</name>
        <lei>N/A</lei>
        <title>CHINA NONFERROUS METAL INDUSTRY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PK3"/>
          <ticker value="000758"/>
          <other otherDesc="SEDOL" value="6018223"/>
        </identifiers>
        <balance>26500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19380.90000000</valUSD>
        <pctVal>0.054421808103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blue Sail Medical Co Ltd</name>
        <lei>300300X9CB08YTW0L551</lei>
        <title>Blue Sail Medical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000MZ7"/>
          <ticker value="002382"/>
          <other otherDesc="SEDOL" value="B4RKD78"/>
        </identifiers>
        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16780.87000000</valUSD>
        <pctVal>0.047120891545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaxin Cement Co Ltd</name>
        <lei>300300SD5S95ZOS05G37</lei>
        <title>Huaxin Cement Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DC6"/>
          <ticker value="600801"/>
          <other otherDesc="SEDOL" value="BP3RD36"/>
        </identifiers>
        <balance>8800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>35917.84000000</valUSD>
        <pctVal>0.100857741177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GEM CO LTD</name>
        <lei>N/A</lei>
        <title>GEM CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000KT4"/>
          <ticker value="002340"/>
          <other otherDesc="SEDOL" value="BD5CFW8"/>
        </identifiers>
        <balance>72300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>57204.21000000</valUSD>
        <pctVal>0.160630132725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wonders Information Co Ltd</name>
        <lei>300300K8XDZQU1VNE177</lei>
        <title>Wonders Information Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000ZD6"/>
          <ticker value="300168"/>
          <other otherDesc="SEDOL" value="BD5CN02"/>
        </identifiers>
        <balance>24494.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>94932.44000000</valUSD>
        <pctVal>0.266571471525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIZHONG ENERGY RESOURCES CO LTD</name>
        <lei>N/A</lei>
        <title>JIZHONG ENERGY RESOURCES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000010H6"/>
          <ticker value="000937"/>
          <other otherDesc="SEDOL" value="BD5CJ93"/>
        </identifiers>
        <balance>19800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10810.04000000</valUSD>
        <pctVal>0.030354726688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Zhengzhou Co Ltd</name>
        <lei>300300C1085141000016</lei>
        <title>Bank of Zhengzhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000036Q0"/>
          <ticker value="002936"/>
          <other otherDesc="SEDOL" value="BGM6VY8"/>
        </identifiers>
        <balance>59290.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33062.46000000</valUSD>
        <pctVal>0.092839798644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toly Bread Co Ltd</name>
        <lei>N/A</lei>
        <title>Toly Bread Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002524"/>
          <ticker value="603866"/>
          <other otherDesc="SEDOL" value="BYW6V44"/>
        </identifiers>
        <balance>1720.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15848.42000000</valUSD>
        <pctVal>0.044502560355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI JINJIANG INTERNATIONAL HOTELS DEVELOPMENT CO LTD</name>
        <lei>300300KOJEHP8FQX5092</lei>
        <title>SHANGHAI JINJIANG INTERNATIONAL HOTELS DEVELOPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MK0"/>
          <ticker value="600754"/>
          <other otherDesc="SEDOL" value="BP3RD03"/>
        </identifiers>
        <balance>9300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>56476.36000000</valUSD>
        <pctVal>0.158586320878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinotrans Ltd</name>
        <lei>5299005U1RZLKVFWR249</lei>
        <title>Sinotrans Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003GS8"/>
          <ticker value="601598"/>
          <other otherDesc="SEDOL" value="BHHLN72"/>
        </identifiers>
        <balance>54800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29278.72000000</valUSD>
        <pctVal>0.082215009693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOYOUNG CO LTD</name>
        <lei>3003009IDE4C1JWM1R13</lei>
        <title>JOYOUNG CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000BQ9"/>
          <ticker value="002242"/>
          <other otherDesc="SEDOL" value="B2RHJ00"/>
        </identifiers>
        <balance>9100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>58582.84000000</valUSD>
        <pctVal>0.164501342902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING URBAN CONSTRUCTION</name>
        <lei>30030082C6Q622LWRT27</lei>
        <title>BEIJING URBAN CONSTRUCTION</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Y52"/>
          <ticker value="600266"/>
          <other otherDesc="SEDOL" value="BP3RBL0"/>
        </identifiers>
        <balance>15672.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13337.77000000</valUSD>
        <pctVal>0.037452623947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORIENT GROUP INC</name>
        <lei>N/A</lei>
        <title>ORIENT GROUP INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FX7"/>
          <ticker value="600811"/>
          <other otherDesc="SEDOL" value="6662385"/>
        </identifiers>
        <balance>83090.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>58099.81000000</valUSD>
        <pctVal>0.163144988657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGEL YEAST CO LTD</name>
        <lei>3003002K1DZ78FXZXI48</lei>
        <title>ANGEL YEAST CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014G0"/>
          <ticker value="600298"/>
          <other otherDesc="SEDOL" value="BP3RH12"/>
        </identifiers>
        <balance>6475.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>65692.38000000</valUSD>
        <pctVal>0.184465019593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUIZHOU XINBANG PHARMACEUT</name>
        <lei>300300V0VT8TMAY8LY93</lei>
        <title>GUIZHOU XINBANG PHARMACEU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000NG5"/>
          <ticker value="002390"/>
          <other otherDesc="SEDOL" value="BD5CFK6"/>
        </identifiers>
        <balance>21700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18087.82000000</valUSD>
        <pctVal>0.050790823390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANGZHOU BINJIANG REAL ESTATE GROUP CO LTD</name>
        <lei>300300W1Q832W2SP5417</lei>
        <title>HANGZHOU BINJIANG REAL ESTATE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000BS5"/>
          <ticker value="002244"/>
          <other otherDesc="SEDOL" value="B2RHJG6"/>
        </identifiers>
        <balance>23400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17113.70000000</valUSD>
        <pctVal>0.048055482322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEBEI BAOSHUO CO</name>
        <lei>300300C1155842000049</lei>
        <title>HEBEI BAOSHUO CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000X53"/>
          <ticker value="600155"/>
          <other otherDesc="SEDOL" value="6121659"/>
        </identifiers>
        <balance>31200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61850.72000000</valUSD>
        <pctVal>0.173677590561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Transfar Zhilian Co Ltd</name>
        <lei>N/A</lei>
        <title>Transfar Zhilian Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JS7"/>
          <ticker value="002010"/>
          <other otherDesc="SEDOL" value="B01NVB5"/>
        </identifiers>
        <balance>11400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10051.53000000</valUSD>
        <pctVal>0.028224821180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LUXI CHEMICAL GROUP CO LTD</name>
        <lei>300300UFIWMHUM74D963</lei>
        <title>LUXI CHEMICAL GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WN3"/>
          <ticker value="000830"/>
          <other otherDesc="SEDOL" value="6116815"/>
        </identifiers>
        <balance>26400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39386.30000000</valUSD>
        <pctVal>0.110597219969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAISCO PHARMA</name>
        <lei>300300GRLH34A8GPJ639</lei>
        <title>Haisco Pharmaceutical Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001BC7"/>
          <ticker value="002653"/>
          <other otherDesc="SEDOL" value="BD5CKL2"/>
        </identifiers>
        <balance>6000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23131.83000000</valUSD>
        <pctVal>0.064954466167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN TAT FOOK TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN TAT FOOK TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000VY1"/>
          <ticker value="300134"/>
          <other otherDesc="SEDOL" value="B41SHS7"/>
        </identifiers>
        <balance>16640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34663.12000000</valUSD>
        <pctVal>0.097334471821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiamen C &amp; D Inc</name>
        <lei>300300NQXZDZZ0OSCN43</lei>
        <title>Xiamen C &amp; D Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WL7"/>
          <ticker value="600153"/>
          <other otherDesc="SEDOL" value="6116956"/>
        </identifiers>
        <balance>14800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20783.91000000</valUSD>
        <pctVal>0.058361477623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA HIGH-SPEED RAILWAY TECHNOLOGY CO LTD</name>
        <lei>300300OAGWY9G8KMAH32</lei>
        <title>CHINA HIGH-SPEED RAILWAY TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000001C6"/>
          <ticker value="000008"/>
          <other otherDesc="SEDOL" value="6478957"/>
        </identifiers>
        <balance>48749.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21704.81000000</valUSD>
        <pctVal>0.060947376269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MERCHANTS PROPERTY</name>
        <lei>N/A</lei>
        <title>China Merchants Property Operation &amp; Service Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000H95"/>
          <ticker value="001914"/>
          <other otherDesc="SEDOL" value="BD5LS04"/>
        </identifiers>
        <balance>14700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>66951.81000000</valUSD>
        <pctVal>0.188001514687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STEC</name>
        <lei>300300MM4YQNHL44T156</lei>
        <title>Shanghai Tunnel Engineering Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000B83"/>
          <ticker value="600820"/>
          <other otherDesc="SEDOL" value="6808639"/>
        </identifiers>
        <balance>36200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31600.95000000</valUSD>
        <pctVal>0.088735860398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JSCN</name>
        <lei>300300W0ZR67X1B3CB12</lei>
        <title>Jiangsu Broadcasting Cable Information Network Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000022G1"/>
          <ticker value="600959"/>
          <other otherDesc="SEDOL" value="BWTS1Q1"/>
        </identifiers>
        <balance>130500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>74105.51000000</valUSD>
        <pctVal>0.208089193208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEALAND SECURITIES CO LTD</name>
        <lei>N/A</lei>
        <title>SEALAND SECURITIES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008K4"/>
          <ticker value="000750"/>
          <other otherDesc="SEDOL" value="6011318"/>
        </identifiers>
        <balance>81190.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>66134.36000000</valUSD>
        <pctVal>0.185706104927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN HEPALINK PHARMACE</name>
        <lei>N/A</lei>
        <title>SHENZHEN HEPALINK PHARMACE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000P02"/>
          <ticker value="002399"/>
          <other otherDesc="SEDOL" value="BD5CKT0"/>
        </identifiers>
        <balance>7600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27125.82000000</valUSD>
        <pctVal>0.076169639732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Enlight Media Co Ltd</name>
        <lei>3003001OIMLU5YWOKG42</lei>
        <title>Beijing Enlight Media Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001617"/>
          <ticker value="300251"/>
          <other otherDesc="SEDOL" value="BD5CN79"/>
        </identifiers>
        <balance>41100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>97195.74000000</valUSD>
        <pctVal>0.272926846058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eastern Communications Co Ltd</name>
        <lei>N/A</lei>
        <title>Eastern Communications Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000ND3"/>
          <ticker value="600776"/>
          <other otherDesc="SEDOL" value="6300102"/>
        </identifiers>
        <balance>20800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45332.91000000</valUSD>
        <pctVal>0.127295374766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tongkun Group Co Ltd</name>
        <lei>300300AK2H2EJWS24N19</lei>
        <title>Tongkun Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000012X7"/>
          <ticker value="601233"/>
          <other otherDesc="SEDOL" value="BP3RGF9"/>
        </identifiers>
        <balance>39100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>92066.48000000</valUSD>
        <pctVal>0.258523820222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLD MANTIS</name>
        <lei>N/A</lei>
        <title>Suzhou Gold Mantis Construction Decoration Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P86"/>
          <ticker value="002081"/>
          <other otherDesc="SEDOL" value="BD5CN91"/>
        </identifiers>
        <balance>46700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>71648.98000000</valUSD>
        <pctVal>0.201191226433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAPONT LIFE SCIENCES CO LTD</name>
        <lei>3003009TGXJC0JJVTJ07</lei>
        <title>HUAPONT LIFE SCIENCES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JJ6"/>
          <ticker value="002004"/>
          <other otherDesc="SEDOL" value="BD5CJZ9"/>
        </identifiers>
        <balance>26500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21353.81000000</valUSD>
        <pctVal>0.059961763906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FINANCIAL STREET</name>
        <lei>300300AENWIK9ED8BK05</lei>
        <title>Financial Street Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000KT5"/>
          <ticker value="000402"/>
          <other otherDesc="SEDOL" value="6177685"/>
        </identifiers>
        <balance>10300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10284.51000000</valUSD>
        <pctVal>0.028879031915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI ZHONGDING SEALING PARTS CO LTD</name>
        <lei>N/A</lei>
        <title>ANHUI ZHONGDING SEALING PARTS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XP6"/>
          <ticker value="000887"/>
          <other otherDesc="SEDOL" value="6129084"/>
        </identifiers>
        <balance>17500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28075.41000000</valUSD>
        <pctVal>0.078836100256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN TAGEN GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN TAGEN GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000F89"/>
          <ticker value="000090"/>
          <other otherDesc="SEDOL" value="BD5C948"/>
        </identifiers>
        <balance>37158.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>42363.69000000</valUSD>
        <pctVal>0.118957768098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ecovacs Robotics Co Ltd</name>
        <lei>N/A</lei>
        <title>Ecovacs Robotics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000031N8"/>
          <ticker value="603486"/>
          <other otherDesc="SEDOL" value="BDFWW61"/>
        </identifiers>
        <balance>5093.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28675.68000000</valUSD>
        <pctVal>0.080521665877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN HUAQIANG INDUSTRY CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN HUAQIANG INDUSTRY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008R9"/>
          <ticker value="000062"/>
          <other otherDesc="SEDOL" value="6813387"/>
        </identifiers>
        <balance>8075.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17634.56000000</valUSD>
        <pctVal>0.049518063676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN EVERWIN PRECISION TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN EVERWIN PRECISION TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000T40"/>
          <ticker value="300115"/>
          <other otherDesc="SEDOL" value="BD5CG47"/>
        </identifiers>
        <balance>9700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34352.07000000</valUSD>
        <pctVal>0.096461039554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI ENVIRONMENT GROUP CO LTD</name>
        <lei>300300Y27OCWV2DKYN50</lei>
        <title>SHANGHAI ENVIRONMENT GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FJ1"/>
          <ticker value="601200"/>
          <other otherDesc="SEDOL" value="BF07TJ7"/>
        </identifiers>
        <balance>12910.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24216.97000000</valUSD>
        <pctVal>0.068001552775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yifeng Pharmacy Chain Co Ltd</name>
        <lei>300300CZZIF44N1EZO06</lei>
        <title>Yifeng Pharmacy Chain Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001TS5"/>
          <ticker value="603939"/>
          <other otherDesc="SEDOL" value="BYYFJV2"/>
        </identifiers>
        <balance>4180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61507.38000000</valUSD>
        <pctVal>0.172713487573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIANHE CHEMICAL TECHNOLOGY</name>
        <lei>300300OSEGLFNG6BMT61</lei>
        <title>LIANHE CHEMICAL TECHNOLOG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000C15"/>
          <ticker value="002250"/>
          <other otherDesc="SEDOL" value="BD5CDS0"/>
        </identifiers>
        <balance>7100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29797.97000000</valUSD>
        <pctVal>0.083673070147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XXJC</name>
        <lei>N/A</lei>
        <title>GCL System Integration Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WW3"/>
          <ticker value="002506"/>
          <other otherDesc="SEDOL" value="BD6QVT8"/>
        </identifiers>
        <balance>106000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>66691.97000000</valUSD>
        <pctVal>0.187271880738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYTERA COMMUNICATIONS CORP LTD</name>
        <lei>N/A</lei>
        <title>HYTERA COMMUNICATIONS CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000013B1"/>
          <ticker value="002583"/>
          <other otherDesc="SEDOL" value="BD5CC38"/>
        </identifiers>
        <balance>18500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23549.33000000</valUSD>
        <pctVal>0.066126811357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ZHONGKE SANHUAN HI</name>
        <lei>N/A</lei>
        <title>BEIJING ZHONGKE SANHUAN H</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001261"/>
          <ticker value="000970"/>
          <other otherDesc="SEDOL" value="BD5CG69"/>
        </identifiers>
        <balance>16400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23820.85000000</valUSD>
        <pctVal>0.066889242892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TLYS</name>
        <lei>300300JWM4636VG5A986</lei>
        <title>Tongling Nonferrous Metals Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000529"/>
          <ticker value="000630"/>
          <other otherDesc="SEDOL" value="BD5CMD8"/>
        </identifiers>
        <balance>256100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>85612.16000000</valUSD>
        <pctVal>0.240400009435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sichuan Swellfun Co Ltd</name>
        <lei>N/A</lei>
        <title>Sichuan Swellfun Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000NH4"/>
          <ticker value="600779"/>
          <other otherDesc="SEDOL" value="6783048"/>
        </identifiers>
        <balance>400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4443.02000000</valUSD>
        <pctVal>0.012476055386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xinyu Iron &amp; Steel Co Ltd</name>
        <lei>300300IV9H52BDI2RN64</lei>
        <title>Xinyu Iron &amp; Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000NP7"/>
          <ticker value="600782"/>
          <other otherDesc="SEDOL" value="BF2DZ40"/>
        </identifiers>
        <balance>66400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41679.93000000</valUSD>
        <pctVal>0.117037761519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JHEC</name>
        <lei>N/A</lei>
        <title>Zhejiang Jiahua Energy Chemical Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001F62"/>
          <ticker value="600273"/>
          <other otherDesc="SEDOL" value="6648794"/>
        </identifiers>
        <balance>8800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13976.61000000</valUSD>
        <pctVal>0.039246494608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIANHE CHEMICAL TECHNOLOGY CO LTD</name>
        <lei>300300OSEGLFNG6BMT61</lei>
        <title>LIANHE CHEMICAL TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000C15"/>
          <ticker value="002250"/>
          <other otherDesc="SEDOL" value="B39N4W0"/>
        </identifiers>
        <balance>25059.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>105170.03000000</valUSD>
        <pctVal>0.295318751498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BTG HOTELS GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>BTG HOTELS GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000012Q3"/>
          <ticker value="600258"/>
          <other otherDesc="SEDOL" value="BP3RKH9"/>
        </identifiers>
        <balance>21445.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>60325.12000000</valUSD>
        <pctVal>0.169393686798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG ELLINGTON ELECTR</name>
        <lei>N/A</lei>
        <title>GUANGDONG ELLINGTON ELECT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001TC9"/>
          <ticker value="603328"/>
          <other otherDesc="SEDOL" value="BN8PXF3"/>
        </identifiers>
        <balance>13000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18540.79000000</valUSD>
        <pctVal>0.052062768781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHAANXI INTERNATIONAL TRUST CO LTD</name>
        <lei>300300D1004861000096</lei>
        <title>SHAANXI INTERNATIONAL TRUST CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000004F3"/>
          <ticker value="000563"/>
          <other otherDesc="SEDOL" value="6780287"/>
        </identifiers>
        <balance>41840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24736.43000000</valUSD>
        <pctVal>0.069460202912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China First Heavy Industries</name>
        <lei>300300XL9QDDBPWJKK85</lei>
        <title>China First Heavy Industries</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000L48"/>
          <ticker value="601106"/>
          <other otherDesc="SEDOL" value="B60B6Z1"/>
        </identifiers>
        <balance>119300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>56425.56000000</valUSD>
        <pctVal>0.158443673847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MODERNA THERAPEUTICS, INC.</name>
        <lei>3003001SZQ9DJEIWZK14</lei>
        <title>BEIQI FOTON MOTOR CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WC6"/>
          <ticker value="600166"/>
          <other otherDesc="SEDOL" value="6115522"/>
        </identifiers>
        <balance>161100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61379.94000000</valUSD>
        <pctVal>0.172355634469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING ENERGY TRANSPORTATION CO LTD</name>
        <lei>529900IGB8FVHRCR1W95</lei>
        <title>COSCO SHIPPING ENERGY TRANSPORTATION CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BD6"/>
          <ticker value="600026"/>
          <other otherDesc="SEDOL" value="6344627"/>
        </identifiers>
        <balance>42400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>47102.17000000</valUSD>
        <pctVal>0.132263478837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLOBAL TOP E-COMMERCE CO LTD</name>
        <lei>N/A</lei>
        <title>GLOBAL TOP E-COMMERCE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000019L7"/>
          <ticker value="002640"/>
          <other otherDesc="SEDOL" value="B6X4T25"/>
        </identifiers>
        <balance>14300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15572.75000000</valUSD>
        <pctVal>0.043728475568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ch Zn&amp;Ge</name>
        <lei>N/A</lei>
        <title>Yunnan Chihong Zinc&amp;Germanium Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001HC5"/>
          <ticker value="600497"/>
          <other otherDesc="SEDOL" value="BP3R701"/>
        </identifiers>
        <balance>102000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>59857.23000000</valUSD>
        <pctVal>0.168079845862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN AIRPORT CO LTD</name>
        <lei>3003009W045RIKRBZI44</lei>
        <title>SHENZHEN AIRPORT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VK1"/>
          <ticker value="000089"/>
          <other otherDesc="SEDOL" value="6108102"/>
        </identifiers>
        <balance>23800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31998.31000000</valUSD>
        <pctVal>0.089851652217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA CAMC ENGINEERING CO LTD</name>
        <lei>N/A</lei>
        <title>CHINA CAMC ENGINEERING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001N13"/>
          <ticker value="002051"/>
          <other otherDesc="SEDOL" value="B15T1T4"/>
        </identifiers>
        <balance>19382.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22210.52000000</valUSD>
        <pctVal>0.062367416235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PACIFIC SECURITIES</name>
        <lei>3003000RM76TNJFFR402</lei>
        <title>Pacific Securities Co Ltd/The/China</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008V9"/>
          <ticker value="601099"/>
          <other otherDesc="SEDOL" value="BP3R6W6"/>
        </identifiers>
        <balance>238600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>148030.01000000</valUSD>
        <pctVal>0.415670108086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES SANJIU MED</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES SANJIU MED</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000011K8"/>
          <ticker value="000999"/>
          <other otherDesc="SEDOL" value="BD5CL42"/>
        </identifiers>
        <balance>5818.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24205.22000000</valUSD>
        <pctVal>0.067968558629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ETERNAL ASIA SUPPLY CHAIN</name>
        <lei>300300SP81PP4WDG7Z57</lei>
        <title>ETERNAL ASIA SUPPLY CHAIN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000007Y5"/>
          <ticker value="002183"/>
          <other otherDesc="SEDOL" value="BD5CNX5"/>
        </identifiers>
        <balance>28600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22085.75000000</valUSD>
        <pctVal>0.062017060524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SJEP</name>
        <lei>300300EUF3KU2VACX387</lei>
        <title>Beijing Sanju Environmental Protection and New Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000NP6"/>
          <ticker value="300072"/>
          <other otherDesc="SEDOL" value="B5LGPG2"/>
        </identifiers>
        <balance>12300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11473.51000000</valUSD>
        <pctVal>0.032217758695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Semir Garment Co Ltd</name>
        <lei>N/A</lei>
        <title>Zhejiang Semir Garment Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001104"/>
          <ticker value="002563"/>
          <other otherDesc="SEDOL" value="BD5CM83"/>
        </identifiers>
        <balance>28100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31544.46000000</valUSD>
        <pctVal>0.088577235776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SFY</name>
        <lei>N/A</lei>
        <title>Suofeiya Home Collection Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001203"/>
          <ticker value="002572"/>
          <other otherDesc="SEDOL" value="B4QYGC7"/>
        </identifiers>
        <balance>800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>3106.43000000</valUSD>
        <pctVal>0.008722894052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHONGSHAN BROAD OCEAN MOTOR CO LTD</name>
        <lei>N/A</lei>
        <title>ZHONGSHAN BROAD OCEAN MOTOR CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000C07"/>
          <ticker value="002249"/>
          <other otherDesc="SEDOL" value="BD5CH44"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17780.24000000</valUSD>
        <pctVal>0.049927134927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LEO GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>LEO GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000000F9"/>
          <ticker value="002131"/>
          <other otherDesc="SEDOL" value="B1VYT77"/>
        </identifiers>
        <balance>73844.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32985.80000000</valUSD>
        <pctVal>0.092624536411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA SOUTH PUBLISHING</name>
        <lei>N/A</lei>
        <title>CHINA SOUTH PUBLISHING</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000W03"/>
          <ticker value="601098"/>
          <other otherDesc="SEDOL" value="B4N0576"/>
        </identifiers>
        <balance>20600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33680.28000000</valUSD>
        <pctVal>0.094574644884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANG ZHOU GREAT STAR INDUS</name>
        <lei>N/A</lei>
        <title>HANG ZHOU GREAT STAR INDU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000RC5"/>
          <ticker value="002444"/>
          <other otherDesc="SEDOL" value="B3NVRR6"/>
        </identifiers>
        <balance>18253.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>57874.13000000</valUSD>
        <pctVal>0.162511276412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HYTERA COMMUNICATIONS CORP LTD</name>
        <lei>N/A</lei>
        <title>HYTERA COMMUNICATIONS CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000013B1"/>
          <ticker value="002583"/>
          <other otherDesc="SEDOL" value="B4RMQR5"/>
        </identifiers>
        <balance>21500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27368.14000000</valUSD>
        <pctVal>0.076850077304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN SUNTAK CIRCIOT TE</name>
        <lei>N/A</lei>
        <title>SHENZHEN SUNTAK CIRCIOT T</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002H18"/>
          <ticker value="002815"/>
          <other otherDesc="SEDOL" value="BD6V591"/>
        </identifiers>
        <balance>13200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36842.77000000</valUSD>
        <pctVal>0.103454956113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUIZHOU BAILING GROUP PHARMACEUTICAL CO LTD</name>
        <lei>N/A</lei>
        <title>GUIZHOU BAILING GROUP PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000PY3"/>
          <ticker value="002424"/>
          <other otherDesc="SEDOL" value="B3XG9M0"/>
        </identifiers>
        <balance>6200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9439.88000000</valUSD>
        <pctVal>0.026507300377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG CONBA PHARMACEUTI</name>
        <lei>300300LYPEXDXC8YSI39</lei>
        <title>ZHEJIANG CONBA PHARMACEUT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001H86"/>
          <ticker value="600572"/>
          <other otherDesc="SEDOL" value="BP3R8M0"/>
        </identifiers>
        <balance>13800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11402.13000000</valUSD>
        <pctVal>0.032017322767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Easyhome New Retail Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Easyhome New Retail Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000001N3"/>
          <ticker value="000785"/>
          <other otherDesc="SEDOL" value="6093071"/>
        </identifiers>
        <balance>13100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18549.55000000</valUSD>
        <pctVal>0.052087366970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YANG QUAN COAL INDUSTRY GROUP CO LTD</name>
        <lei>3003003VAK50HK7DRI73</lei>
        <title>YANG QUAN COAL INDUSTRY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FP1"/>
          <ticker value="600348"/>
          <other otherDesc="SEDOL" value="BP3R790"/>
        </identifiers>
        <balance>21900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15345.31000000</valUSD>
        <pctVal>0.043089821221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG JUHUA CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG JUHUA CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WQ6"/>
          <ticker value="600160"/>
          <other otherDesc="SEDOL" value="6118383"/>
        </identifiers>
        <balance>53030.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>54188.87000000</valUSD>
        <pctVal>0.152163020525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Qingdao Co Ltd</name>
        <lei>254900EBL1SU6XXME180</lei>
        <title>Bank of Qingdao Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003K38"/>
          <ticker value="002948"/>
          <other otherDesc="SEDOL" value="BHZM366"/>
        </identifiers>
        <balance>28600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21710.00000000</valUSD>
        <pctVal>0.060961949854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DASHANG CO LTD</name>
        <lei>N/A</lei>
        <title>DASHANG CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DW4"/>
          <ticker value="600694"/>
          <other otherDesc="SEDOL" value="6248718"/>
        </identifiers>
        <balance>1300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4751.91000000</valUSD>
        <pctVal>0.013343422346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hubei Energy Group Co Ltd</name>
        <lei>300300X7OMGIUK3FRJ72</lei>
        <title>Hubei Energy Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000750"/>
          <ticker value="000883"/>
          <other otherDesc="SEDOL" value="6112891"/>
        </identifiers>
        <balance>33000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18787.50000000</valUSD>
        <pctVal>0.052755533527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shandong Publishing &amp; Media Co</name>
        <lei>N/A</lei>
        <title>Shandong Publishing &amp; Media Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002TG8"/>
          <ticker value="601019"/>
          <other otherDesc="SEDOL" value="BFYQHB8"/>
        </identifiers>
        <balance>27209.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26651.74000000</valUSD>
        <pctVal>0.074838417199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Visionox Technology Inc</name>
        <lei>N/A</lei>
        <title>Visionox Technology Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000N46"/>
          <ticker value="002387"/>
          <other otherDesc="SEDOL" value="B50XV33"/>
        </identifiers>
        <balance>35700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>83383.21000000</valUSD>
        <pctVal>0.234141090129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BCDC</name>
        <lei>3003003ULZB0DPMPJ698</lei>
        <title>Beijing Capital Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001782"/>
          <ticker value="600376"/>
          <other otherDesc="SEDOL" value="BP3R938"/>
        </identifiers>
        <balance>5800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5782.81000000</valUSD>
        <pctVal>0.016238202360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hainan Poly Pharm Co Ltd</name>
        <lei>N/A</lei>
        <title>Hainan Poly Pharm Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002N10"/>
          <ticker value="300630"/>
          <other otherDesc="SEDOL" value="BF0BL37"/>
        </identifiers>
        <balance>1839.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12982.50000000</valUSD>
        <pctVal>0.036455021371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ch Zn&amp;Ge</name>
        <lei>N/A</lei>
        <title>Yunnan Chihong Zinc&amp;Germanium Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001HC5"/>
          <ticker value="600497"/>
          <other otherDesc="SEDOL" value="B00SNZ9"/>
        </identifiers>
        <balance>30800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18074.54000000</valUSD>
        <pctVal>0.050753532985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUOLINHE OPENCUT COAL INDUSTRY CORP LTD OF INNER MONGOLIA</name>
        <lei>N/A</lei>
        <title>HUOLINHE OPENCUT COAL INDUSTRY CORP LTD OF INNER MONGOLIA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000098"/>
          <ticker value="002128"/>
          <other otherDesc="SEDOL" value="BD5CG92"/>
        </identifiers>
        <balance>19500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29462.21000000</valUSD>
        <pctVal>0.082730251893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guanghui Energy Co Ltd</name>
        <lei>300300763Q4WLOKZPD04</lei>
        <title>Guanghui Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000012G4"/>
          <ticker value="600256"/>
          <other otherDesc="SEDOL" value="BP3R3N6"/>
        </identifiers>
        <balance>141600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>60151.53000000</valUSD>
        <pctVal>0.168906243920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNAN DAKANG INTERNATIONAL FOOD &amp; AGRICULTURE CO LTD</name>
        <lei>N/A</lei>
        <title>HUNAN DAKANG INTERNATIONAL FOOD &amp; AGRICULTURE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WV5"/>
          <ticker value="002505"/>
          <other otherDesc="SEDOL" value="BD5CJH1"/>
        </identifiers>
        <balance>35000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14357.04000000</valUSD>
        <pctVal>0.040314746777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SALUBRIS</name>
        <lei>N/A</lei>
        <title>Shenzhen Salubris Pharmaceuticals Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000FW8"/>
          <ticker value="002294"/>
          <other otherDesc="SEDOL" value="B3ZLX54"/>
        </identifiers>
        <balance>3700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20368.01000000</valUSD>
        <pctVal>0.057193625253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>lu'an EED</name>
        <lei>N/A</lei>
        <title>Shanxi Lu'an Environmental Energy Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NT7"/>
          <ticker value="601699"/>
          <other otherDesc="SEDOL" value="BP3R682"/>
        </identifiers>
        <balance>39700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36510.81000000</valUSD>
        <pctVal>0.102522808307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN YUTO PACKAGING TE</name>
        <lei>300300FSMGQ1XKYWTT66</lei>
        <title>SHENZHEN YUTO PACKAGING T</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002H00"/>
          <ticker value="002831"/>
          <other otherDesc="SEDOL" value="BYN0LB2"/>
        </identifiers>
        <balance>3060.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16496.47000000</valUSD>
        <pctVal>0.046322292810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINFENGMING GROUP CO LTD</name>
        <lei>300300EUL4DEDVVTFA59</lei>
        <title>XINFENGMING GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RH0"/>
          <ticker value="603225"/>
          <other otherDesc="SEDOL" value="BFB4M98"/>
        </identifiers>
        <balance>6892.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11268.18000000</valUSD>
        <pctVal>0.031641189502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU ZHANGJIAGANG RURAL COMMERCIAL BANK CO LTD</name>
        <lei>300300C1115632000095</lei>
        <title>JIANGSU ZHANGJIAGANG RURAL COMMERCIAL BANK CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002K54"/>
          <ticker value="002839"/>
          <other otherDesc="SEDOL" value="BFCCQK0"/>
        </identifiers>
        <balance>32600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29933.58000000</valUSD>
        <pctVal>0.084053864713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JRCB</name>
        <lei>300300C1114732000048</lei>
        <title>Jiangsu Jiangyin Rural Commercial Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BL6"/>
          <ticker value="002807"/>
          <other otherDesc="SEDOL" value="BFY8GK6"/>
        </identifiers>
        <balance>52620.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33183.71000000</valUSD>
        <pctVal>0.093180270152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shandong Linglong Tyre Co Ltd</name>
        <lei>N/A</lei>
        <title>Shandong Linglong Tyre Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GM3"/>
          <ticker value="601966"/>
          <other otherDesc="SEDOL" value="BYW5N12"/>
        </identifiers>
        <balance>7600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26526.72000000</valUSD>
        <pctVal>0.074487359485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOW</name>
        <lei>300300JGUWLVI6KFDX02</lei>
        <title>Beijing Originwater Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000N95"/>
          <ticker value="300070"/>
          <other otherDesc="SEDOL" value="B64W832"/>
        </identifiers>
        <balance>16600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23578.24000000</valUSD>
        <pctVal>0.066207990996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CTI</name>
        <lei>N/A</lei>
        <title>Centre Testing International Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GV8"/>
          <ticker value="300012"/>
          <other otherDesc="SEDOL" value="B4VM756"/>
        </identifiers>
        <balance>19700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>78681.52000000</valUSD>
        <pctVal>0.220938686167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tongkun Group Co Ltd</name>
        <lei>300300AK2H2EJWS24N19</lei>
        <title>Tongkun Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000012X7"/>
          <ticker value="601233"/>
          <other otherDesc="SEDOL" value="B5MK3F8"/>
        </identifiers>
        <balance>9300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21898.17000000</valUSD>
        <pctVal>0.061490333553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAINAN RUBBER GROUP</name>
        <lei>3003002X3R3WQFCSJM82</lei>
        <title>China Hainan Rubber Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000YM0"/>
          <ticker value="601118"/>
          <other otherDesc="SEDOL" value="B50Z5R1"/>
        </identifiers>
        <balance>74400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>58757.13000000</valUSD>
        <pctVal>0.164990751388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chacha Food Co Ltd</name>
        <lei>300300AJZ9YPIRBJZN87</lei>
        <title>Chacha Food Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000010Q5"/>
          <ticker value="002557"/>
          <other otherDesc="SEDOL" value="B40GWM1"/>
        </identifiers>
        <balance>2800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28305.33000000</valUSD>
        <pctVal>0.079481718473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Enterprise Co Ltd</name>
        <lei>300300WE2BSMMTGELK61</lei>
        <title>China Enterprise Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000B42"/>
          <ticker value="600675"/>
          <other otherDesc="SEDOL" value="6191845"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9879.86000000</valUSD>
        <pctVal>0.027742769686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DASHANG CO LTD</name>
        <lei>N/A</lei>
        <title>DASHANG CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DW4"/>
          <ticker value="600694"/>
          <other otherDesc="SEDOL" value="BP3RBY3"/>
        </identifiers>
        <balance>5100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18642.10000000</valUSD>
        <pctVal>0.052347248520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING LANXUM TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>BEIJING LANXUM TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GX4"/>
          <ticker value="300010"/>
          <other otherDesc="SEDOL" value="BD5CFT5"/>
        </identifiers>
        <balance>14420.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41089.94000000</valUSD>
        <pctVal>0.115381062266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YIFAN PHARMACEUTICAL CO LT</name>
        <lei>N/A</lei>
        <title>YIFAN PHARMACEUTICAL CO L</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001K65"/>
          <ticker value="002019"/>
          <other otherDesc="SEDOL" value="BD5CDK2"/>
        </identifiers>
        <balance>9400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41138.64000000</valUSD>
        <pctVal>0.115517812471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINYU BIO-TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>JINYU BIO-TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Y37"/>
          <ticker value="600201"/>
          <other otherDesc="SEDOL" value="BP3RBF4"/>
        </identifiers>
        <balance>22814.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>95914.51000000</valUSD>
        <pctVal>0.269329136293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAHOE GROUP CO LTD</name>
        <lei>300300QMK7Y2PORRJJ63</lei>
        <title>TAHOE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000005W5"/>
          <ticker value="000732"/>
          <other otherDesc="SEDOL" value="6009380"/>
        </identifiers>
        <balance>26200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19735.19000000</valUSD>
        <pctVal>0.055416658827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVICEM</name>
        <lei>N/A</lei>
        <title>AVIC Electromechanical Systems Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JY5"/>
          <ticker value="002013"/>
          <other otherDesc="SEDOL" value="BD5CJ82"/>
        </identifiers>
        <balance>57300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>86406.29000000</valUSD>
        <pctVal>0.242629936346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COFCO Capital Holdings Co Ltd</name>
        <lei>3003006ZCYWPMKZ4I010</lei>
        <title>COFCO Capital Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000PX5"/>
          <ticker value="002423"/>
          <other otherDesc="SEDOL" value="B3V93C9"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11981.96000000</valUSD>
        <pctVal>0.033645492615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WONDFO BIOTECH</name>
        <lei>3003000XGXAINFEXYE82</lei>
        <title>Guangzhou Wondfo Biotech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002102"/>
          <ticker value="300482"/>
          <other otherDesc="SEDOL" value="BZ0HN51"/>
        </identifiers>
        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27403.18000000</valUSD>
        <pctVal>0.076948470060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROBOT</name>
        <lei>N/A</lei>
        <title>Siasun Robot &amp; Automation Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GH7"/>
          <ticker value="300024"/>
          <other otherDesc="SEDOL" value="B4W6RJ1"/>
        </identifiers>
        <balance>10900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25188.24000000</valUSD>
        <pctVal>0.070728891008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG GOLDEN DRAGON DE</name>
        <lei>N/A</lei>
        <title>GUANGDONG GOLDEN DRAGON D</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PJ5"/>
          <ticker value="000712"/>
          <other otherDesc="SEDOL" value="6393856"/>
        </identifiers>
        <balance>11800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25838.28000000</valUSD>
        <pctVal>0.072554211408</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Holitech Technology Co Ltd</name>
        <lei>300300IZAL0YRTT2GV17</lei>
        <title>Holitech Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009K0"/>
          <ticker value="002217"/>
          <other otherDesc="SEDOL" value="BD5CGR0"/>
        </identifiers>
        <balance>61700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>47286.25000000</valUSD>
        <pctVal>0.132780377765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chongqing Iron &amp; Steel Co Ltd</name>
        <lei>300300AE99AX3XUFCY09</lei>
        <title>Chongqing Iron &amp; Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001R76"/>
          <ticker value="601005"/>
          <other otherDesc="SEDOL" value="BP3R9V6"/>
        </identifiers>
        <balance>233400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>51107.25000000</valUSD>
        <pctVal>0.143509793260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JUNEYAO AIRLINES CO LTD</name>
        <lei>N/A</lei>
        <title>JUNEYAO AIRLINES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001ZY0"/>
          <ticker value="603885"/>
          <other otherDesc="SEDOL" value="BXN6298"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19146.61000000</valUSD>
        <pctVal>0.053763918871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TONGDING INTERCONNECTION INFORMATION CO LTD</name>
        <lei>3003007KP2CC110EDD93</lei>
        <title>TONGDING INTERCONNECTION INFORMATION CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000VR5"/>
          <ticker value="002491"/>
          <other otherDesc="SEDOL" value="B41MPQ3"/>
        </identifiers>
        <balance>20100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15873.90000000</valUSD>
        <pctVal>0.044574108511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tianjin 712 Communication &amp; Br</name>
        <lei>N/A</lei>
        <title>Tianjin 712 Communication &amp; Broadcasting Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000030X9"/>
          <ticker value="603712"/>
          <other otherDesc="SEDOL" value="BFZ07K8"/>
        </identifiers>
        <balance>300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>2239.17000000</valUSD>
        <pctVal>0.006287617192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOLWO PHARMA</name>
        <lei>3003000DMXTOIP2M8505</lei>
        <title>Zhejiang Wolwo Bio-Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001R58"/>
          <ticker value="300357"/>
          <other otherDesc="SEDOL" value="BHQT1H3"/>
        </identifiers>
        <balance>2700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23554.00000000</valUSD>
        <pctVal>0.066139924775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YINTAI RESOURCES CO LTD</name>
        <lei>N/A</lei>
        <title>YINTAI RESOURCES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000012L4"/>
          <ticker value="000975"/>
          <other otherDesc="SEDOL" value="6240662"/>
        </identifiers>
        <balance>19740.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>46567.07000000</valUSD>
        <pctVal>0.130760911386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADAMA Ltd</name>
        <lei>3003004UVU956Y9LQD20</lei>
        <title>ADAMA Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000004V0"/>
          <ticker value="000553"/>
          <other otherDesc="SEDOL" value="BYVNZC2"/>
        </identifiers>
        <balance>15800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21380.96000000</valUSD>
        <pctVal>0.060038001444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANKEBIO</name>
        <lei>N/A</lei>
        <title>Anhui Anke Biotechnology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GY2"/>
          <ticker value="300009"/>
          <other otherDesc="SEDOL" value="B4N4Y60"/>
        </identifiers>
        <balance>14950.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>38213.58000000</valUSD>
        <pctVal>0.107304207633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN ZHONGJIN LINGNAN NONFEMET CO LTD</name>
        <lei>300300AIR5I4UM404D13</lei>
        <title>Shenzhen Zhongjin Lingnan Nonfemet Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FS7"/>
          <ticker value="000060"/>
          <other otherDesc="SEDOL" value="BD5CLW0"/>
        </identifiers>
        <balance>63700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41565.92000000</valUSD>
        <pctVal>0.116717620022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TongFu Microelectronics Co Ltd</name>
        <lei>N/A</lei>
        <title>TongFu Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000006C3"/>
          <ticker value="002156"/>
          <other otherDesc="SEDOL" value="BD5M001"/>
        </identifiers>
        <balance>24100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>83765.82000000</valUSD>
        <pctVal>0.235215463765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMST DEVELOPMENT CO LTD</name>
        <lei>300300SUEHL03EG1HY81</lei>
        <title>CMST DEVELOPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000NS1"/>
          <ticker value="600787"/>
          <other otherDesc="SEDOL" value="6883595"/>
        </identifiers>
        <balance>16900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12557.26000000</valUSD>
        <pctVal>0.035260942166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINHUANET CO LTD</name>
        <lei>N/A</lei>
        <title>XINHUANET CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002G50"/>
          <ticker value="603888"/>
          <other otherDesc="SEDOL" value="BYN92Q1"/>
        </identifiers>
        <balance>550.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>1998.38000000</valUSD>
        <pctVal>0.005611475879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIAN DI SCIENCE &amp; TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>TIAN DI SCIENCE &amp; TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001B90"/>
          <ticker value="600582"/>
          <other otherDesc="SEDOL" value="6546070"/>
        </identifiers>
        <balance>41100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19619.14000000</valUSD>
        <pctVal>0.055090788985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI PU N ENR</name>
        <lei>N/A</lei>
        <title>SHANGHAI PU N ENR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002TX3"/>
          <ticker value="603659"/>
          <other otherDesc="SEDOL" value="BFBCV39"/>
        </identifiers>
        <balance>300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4337.33000000</valUSD>
        <pctVal>0.012179276552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaan Securities Co Ltd</name>
        <lei>300300E1008234000093</lei>
        <title>Huaan Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GR2"/>
          <ticker value="600909"/>
          <other otherDesc="SEDOL" value="BYW5MX7"/>
        </identifiers>
        <balance>41943.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>55105.18000000</valUSD>
        <pctVal>0.154736030394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OURPALM CO LTD</name>
        <lei>N/A</lei>
        <title>OURPALM CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001DH2"/>
          <ticker value="300315"/>
          <other otherDesc="SEDOL" value="B84Y5D1"/>
        </identifiers>
        <balance>75700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>97908.41000000</valUSD>
        <pctVal>0.274928032277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOINCARE PHARMACEUTICAL GR</name>
        <lei>3003006PUWUKPH72TS46</lei>
        <title>JOINCARE PHARMACEUTICAL G</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001816"/>
          <ticker value="600380"/>
          <other otherDesc="SEDOL" value="BP3RBV0"/>
        </identifiers>
        <balance>17744.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>50484.00000000</valUSD>
        <pctVal>0.141759699513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN JINJIA GROUP CO L</name>
        <lei>N/A</lei>
        <title>SHENZHEN JINJIA GROUP CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008B1"/>
          <ticker value="002191"/>
          <other otherDesc="SEDOL" value="BD5CH55"/>
        </identifiers>
        <balance>14500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22288.80000000</valUSD>
        <pctVal>0.062587227448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QFEC</name>
        <lei>N/A</lei>
        <title>BAIC BluePark New Energy Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LP1"/>
          <ticker value="600733"/>
          <other otherDesc="SEDOL" value="BJLFLB4"/>
        </identifiers>
        <balance>60800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>57247.13000000</valUSD>
        <pctVal>0.160750652619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEILONGJIANG AGRICULTURE-</name>
        <lei>300300QU9AQS1YMTV002</lei>
        <title>HEILONGJIANG AGRICULTURE-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019Z9"/>
          <ticker value="600598"/>
          <other otherDesc="SEDOL" value="6519599"/>
        </identifiers>
        <balance>900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>2648.64000000</valUSD>
        <pctVal>0.007437414042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TONGDING INTERCONNECTION INFORMATION CO LTD</name>
        <lei>3003007KP2CC110EDD93</lei>
        <title>TONGDING INTERCONNECTION INFORMATION CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000VR5"/>
          <ticker value="002491"/>
          <other otherDesc="SEDOL" value="BD5CF62"/>
        </identifiers>
        <balance>12800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10108.75000000</valUSD>
        <pctVal>0.028385495651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LPHT</name>
        <lei>3003002GTO6M29V23F59</lei>
        <title>Yuan Longping High-tech Agriculture Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001360"/>
          <ticker value="000998"/>
          <other otherDesc="SEDOL" value="BD5CK34"/>
        </identifiers>
        <balance>23654.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>70199.24000000</valUSD>
        <pctVal>0.197120338493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG HEC TECHNOLOGY HOLDING CO LTD</name>
        <lei>N/A</lei>
        <title>GUANGDONG HEC TECHNOLOGY HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BL1"/>
          <ticker value="600673"/>
          <other otherDesc="SEDOL" value="BP3R819"/>
        </identifiers>
        <balance>29160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27583.73000000</valUSD>
        <pctVal>0.077455456704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG CRYSTAL-OPTECH CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG CRYSTAL-OPTECH CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CT1"/>
          <ticker value="002273"/>
          <other otherDesc="SEDOL" value="BD5C9N7"/>
        </identifiers>
        <balance>33250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>81883.64000000</valUSD>
        <pctVal>0.229930278929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING WATERTEK INFORMATI</name>
        <lei>N/A</lei>
        <title>BEIJING WATERTEK INFORMAT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001F11"/>
          <ticker value="300324"/>
          <other otherDesc="SEDOL" value="B7PH9V8"/>
        </identifiers>
        <balance>37361.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36541.28000000</valUSD>
        <pctVal>0.102608368446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING SL PHARMACEUTICAL CO LTD</name>
        <lei>N/A</lei>
        <title>BEIJING SL PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001L31"/>
          <ticker value="002038"/>
          <other otherDesc="SEDOL" value="BD5CJD7"/>
        </identifiers>
        <balance>8200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14998.76000000</valUSD>
        <pctVal>0.042116704513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI YINGJIA DISTILLERY</name>
        <lei>3003001NVFR21G6ZPB16</lei>
        <title>ANHUI YINGJIA DISTILLERY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000022H9"/>
          <ticker value="603198"/>
          <other otherDesc="SEDOL" value="BXNSP51"/>
        </identifiers>
        <balance>6800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23724.51000000</valUSD>
        <pctVal>0.066618718974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG CRYSTAL-OPTECH</name>
        <lei>N/A</lei>
        <title>ZHEJIANG CRYSTAL-OPTECH -</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CT1"/>
          <ticker value="002273"/>
          <other otherDesc="SEDOL" value="B3CY710"/>
        </identifiers>
        <balance>19912.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>49036.60000000</valUSD>
        <pctVal>0.137695382322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TANGSHAN PORT GROUP CO LTD</name>
        <lei>300300R1OCOESINHQW02</lei>
        <title>TANGSHAN PORT GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000R26"/>
          <ticker value="601000"/>
          <other otherDesc="SEDOL" value="B5N1MV9"/>
        </identifiers>
        <balance>74694.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28458.80000000</valUSD>
        <pctVal>0.079912664141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STSS</name>
        <lei>300300TSZ3ZVPD82J476</lei>
        <title>Shanxi Taigang Stainless Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WM5"/>
          <ticker value="000825"/>
          <other otherDesc="SEDOL" value="BD5CLM0"/>
        </identifiers>
        <balance>79200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>42315.23000000</valUSD>
        <pctVal>0.118821691816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SICHUAN ROAD &amp; BRIDGE CO LTD</name>
        <lei>3003007YDF25LKX9OI30</lei>
        <title>SICHUAN ROAD &amp; BRIDGE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DQ4"/>
          <ticker value="600039"/>
          <other otherDesc="SEDOL" value="BP3RBG5"/>
        </identifiers>
        <balance>26600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17784.33000000</valUSD>
        <pctVal>0.049938619698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>lu'an EED</name>
        <lei>N/A</lei>
        <title>Shanxi Lu'an Environmental Energy Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NT7"/>
          <ticker value="601699"/>
          <other otherDesc="SEDOL" value="B1CWSY0"/>
        </identifiers>
        <balance>12300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11311.91000000</valUSD>
        <pctVal>0.031763983886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOW</name>
        <lei>300300JGUWLVI6KFDX02</lei>
        <title>Beijing Originwater Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000N95"/>
          <ticker value="300070"/>
          <other otherDesc="SEDOL" value="BD5CNZ7"/>
        </identifiers>
        <balance>66400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>94312.95000000</valUSD>
        <pctVal>0.264831935905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XIAMEN FARATRONIC CO LTD</name>
        <lei>N/A</lei>
        <title>XIAMEN FARATRONIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001D72"/>
          <ticker value="600563"/>
          <other otherDesc="SEDOL" value="6577638"/>
        </identifiers>
        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27707.55000000</valUSD>
        <pctVal>0.077803144803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA INTERNATIONAL MARINE CONTAINERS GROUP CO LTD</name>
        <lei>300300Q7JK7J0KAIEA51</lei>
        <title>CHINA INTERNATIONAL MARINE CONTAINERS GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000644"/>
          <ticker value="000039"/>
          <other otherDesc="SEDOL" value="6191340"/>
        </identifiers>
        <balance>26080.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33350.48000000</valUSD>
        <pctVal>0.093648562384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENERGY CO LTD</name>
        <lei>300300PA40YYCBW4WW70</lei>
        <title>SHENERGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000005Q7"/>
          <ticker value="600642"/>
          <other otherDesc="SEDOL" value="BP3R5V8"/>
        </identifiers>
        <balance>54049.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45209.81000000</valUSD>
        <pctVal>0.126949708435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN KAIFA TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN KAIFA TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FK4"/>
          <ticker value="000021"/>
          <other otherDesc="SEDOL" value="BD5CDW4"/>
        </identifiers>
        <balance>15300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>56842.04000000</valUSD>
        <pctVal>0.159613154863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VISUAL CHINA GROUP CO LTD</name>
        <lei>300300BB25UN4FGN7811</lei>
        <title>VISUAL CHINA GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BW8"/>
          <ticker value="000681"/>
          <other otherDesc="SEDOL" value="6332291"/>
        </identifiers>
        <balance>8900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22710.25000000</valUSD>
        <pctVal>0.063770664287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiajiayue Group Co Ltd</name>
        <lei>300300AG5L5OCFE7EW73</lei>
        <title>Jiajiayue Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002ZV4"/>
          <ticker value="603708"/>
          <other otherDesc="SEDOL" value="BYWJ3D6"/>
        </identifiers>
        <balance>5800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36669.63000000</valUSD>
        <pctVal>0.102968776841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI MECHANICAL AND ELECTRICAL INDUSTRY CO LTD</name>
        <lei>N/A</lei>
        <title>SHANGHAI MECHANICAL AND ELECTRICAL INDUSTRY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000B91"/>
          <ticker value="600835"/>
          <other otherDesc="SEDOL" value="6785851"/>
        </identifiers>
        <balance>11000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29064.42000000</valUSD>
        <pctVal>0.081613252629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTHEAST SECURITIES CO LT</name>
        <lei>300300E1002922000054</lei>
        <title>NORTHEAST SECURITIES CO L</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000004H9"/>
          <ticker value="000686"/>
          <other otherDesc="SEDOL" value="BD5CMQ1"/>
        </identifiers>
        <balance>28449.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44519.70000000</valUSD>
        <pctVal>0.125011870977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUIZHOU BAILING GROUP PHARMACEUTICAL CO LTD</name>
        <lei>N/A</lei>
        <title>GUIZHOU BAILING GROUP PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000PY3"/>
          <ticker value="002424"/>
          <other otherDesc="SEDOL" value="BD5CLR5"/>
        </identifiers>
        <balance>24500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37302.75000000</valUSD>
        <pctVal>0.104746585671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI INDUSTRIAL DEVEL</name>
        <lei>300300N005FD7HREKX34</lei>
        <title>SHANGHAI INDUSTRIAL DEVEL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MF0"/>
          <ticker value="600748"/>
          <other otherDesc="SEDOL" value="BP3RBT8"/>
        </identifiers>
        <balance>32070.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27433.86000000</valUSD>
        <pctVal>0.077034619881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN TECHAND ECOLOGY &amp; ENVIRONMENT CO LTD</name>
        <lei>300300QDUCT0NEZP0079</lei>
        <title>SHENZHEN TECHAND ECOLOGY &amp; ENVIRONMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000011N0"/>
          <ticker value="300197"/>
          <other otherDesc="SEDOL" value="BD5CCL6"/>
        </identifiers>
        <balance>52800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24048.00000000</valUSD>
        <pctVal>0.067527082915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YANTAI JEREH OILFIELD</name>
        <lei>300300QPHWK638H2EU20</lei>
        <title>YANTAI JEREH OILFIELD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000L55"/>
          <ticker value="002353"/>
          <other otherDesc="SEDOL" value="B60Q9M4"/>
        </identifiers>
        <balance>13500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>67497.04000000</valUSD>
        <pctVal>0.189532527305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANJI E-COMMERCE CO LTD</name>
        <lei>3003007Y2YF75BGMZU80</lei>
        <title>NANJI E-COMMERCE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000080"/>
          <ticker value="002127"/>
          <other otherDesc="SEDOL" value="B1VVLQ1"/>
        </identifiers>
        <balance>29700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>80338.23000000</valUSD>
        <pctVal>0.225590748440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIANJIN CHASE SUN PHARMACEUTICAL CO LTD</name>
        <lei>N/A</lei>
        <title>TIANJIN CHASE SUN PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GF1"/>
          <ticker value="300026"/>
          <other otherDesc="SEDOL" value="B4VJ218"/>
        </identifiers>
        <balance>45800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>37908.70000000</valUSD>
        <pctVal>0.106448100803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHONGQING SOKON INDUSTRY GROUP CO LTD</name>
        <lei>3003002LTJSDNVNIPU58</lei>
        <title>CHONGQING SOKON INDUSTRY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000028B9"/>
          <ticker value="601127"/>
          <other otherDesc="SEDOL" value="BYV1VC8"/>
        </identifiers>
        <balance>200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>256.92000000</valUSD>
        <pctVal>0.000721434553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GANSU JIU STEEL GROUP HONGXING IRON &amp; STEEL CO LTD</name>
        <lei>3003005ULN4V7ILQUJ59</lei>
        <title>GANSU JIU STEEL GROUP HONGXING IRON &amp; STEEL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001600"/>
          <ticker value="600307"/>
          <other otherDesc="SEDOL" value="6311999"/>
        </identifiers>
        <balance>136200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32209.39000000</valUSD>
        <pctVal>0.090444367481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU ZHANGJIAGANG RURA</name>
        <lei>300300C1115632000095</lei>
        <title>JIANGSU ZHANGJIAGANG RURA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002K54"/>
          <ticker value="002839"/>
          <other otherDesc="SEDOL" value="BD9N4S6"/>
        </identifiers>
        <balance>22400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20567.86000000</valUSD>
        <pctVal>0.057754806537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LEO GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>LEO GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000000F9"/>
          <ticker value="002131"/>
          <other otherDesc="SEDOL" value="BD5CHL1"/>
        </identifiers>
        <balance>221151.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>98787.22000000</valUSD>
        <pctVal>0.277395741680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMPORTGROUP</name>
        <lei>3003004CZ5QRT4FIXE02</lei>
        <title>China Merchants Port Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000818"/>
          <ticker value="001872"/>
          <other otherDesc="SEDOL" value="BD25NM6"/>
        </identifiers>
        <balance>4500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10628.73000000</valUSD>
        <pctVal>0.029845605954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEFU HOLDING GROUP CO LTD</name>
        <lei>30030076Y21FIWN1VY24</lei>
        <title>ZHEFU HOLDING GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CL8"/>
          <ticker value="002266"/>
          <other otherDesc="SEDOL" value="B3BXHY1"/>
        </identifiers>
        <balance>43600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>35451.29000000</valUSD>
        <pctVal>0.099547662977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTH NAVIGATION CONTROL TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>NORTH NAVIGATION CONTROL TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001F88"/>
          <ticker value="600435"/>
          <other otherDesc="SEDOL" value="6649946"/>
        </identifiers>
        <balance>41800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>59859.86000000</valUSD>
        <pctVal>0.168087230935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wonders Information Co Ltd</name>
        <lei>300300K8XDZQU1VNE177</lei>
        <title>Wonders Information Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000ZD6"/>
          <ticker value="300168"/>
          <other otherDesc="SEDOL" value="B3NQMW1"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45346.19000000</valUSD>
        <pctVal>0.127332665171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WUHAN DEPARTMENT STORE GROUP CO LTD</name>
        <lei>3003001APGY4JJ1TAL65</lei>
        <title>WUHAN DEPARTMENT STORE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000024"/>
          <ticker value="000501"/>
          <other otherDesc="SEDOL" value="BD5LYQ2"/>
        </identifiers>
        <balance>6700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18270.15000000</valUSD>
        <pctVal>0.051302808297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Juhua Co Ltd</name>
        <lei>N/A</lei>
        <title>Zhejiang Juhua Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WQ6"/>
          <ticker value="600160"/>
          <other otherDesc="SEDOL" value="BP3R983"/>
        </identifiers>
        <balance>5660.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5783.69000000</valUSD>
        <pctVal>0.016240673411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI HUAYI GROUP CORP LTD</name>
        <lei>N/A</lei>
        <title>SHANGHAI HUAYI GROUP CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000006G6"/>
          <ticker value="600623"/>
          <other otherDesc="SEDOL" value="BP3RB65"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9581.62000000</valUSD>
        <pctVal>0.026905308059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA XD ELECTRIC CO LTD-</name>
        <lei>300300HKOTURRVW8R464</lei>
        <title>CHINA XD ELECTRIC CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000KW8"/>
          <ticker value="601179"/>
          <other otherDesc="SEDOL" value="B5KRLQ8"/>
        </identifiers>
        <balance>89100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>62822.50000000</valUSD>
        <pctVal>0.176406360880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sichuan Teway Food Group Co Lt</name>
        <lei>N/A</lei>
        <title>Sichuan Teway Food Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003LK5"/>
          <ticker value="603317"/>
          <other otherDesc="SEDOL" value="BJLYZQ4"/>
        </identifiers>
        <balance>2845.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29146.48000000</valUSD>
        <pctVal>0.081843678129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENGHE RESOURCES HOLDINGS</name>
        <lei>N/A</lei>
        <title>SHENGHE RESOURCES HOLDING</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DZ5"/>
          <ticker value="600392"/>
          <other otherDesc="SEDOL" value="6622293"/>
        </identifiers>
        <balance>7190.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8050.35000000</valUSD>
        <pctVal>0.022605482865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WANGFUJING GROUP CO LTD</name>
        <lei>300300BIJ7KTIPGU7663</lei>
        <title>WANGFUJING GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GQ9"/>
          <ticker value="600859"/>
          <other otherDesc="SEDOL" value="6091172"/>
        </identifiers>
        <balance>5630.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>42202.60000000</valUSD>
        <pctVal>0.118505425376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WANGFUJING GROUP CO LTD</name>
        <lei>300300BIJ7KTIPGU7663</lei>
        <title>WANGFUJING GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GQ9"/>
          <ticker value="600859"/>
          <other otherDesc="SEDOL" value="BP3RC28"/>
        </identifiers>
        <balance>11300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>84705.05000000</valUSD>
        <pctVal>0.237852833279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG HUAFENG SPANDEX</name>
        <lei>300300Z8ACP5RSQRBQ16</lei>
        <title>ZHEJIANG HUAFENG SPANDEX</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NK6"/>
          <ticker value="002064"/>
          <other otherDesc="SEDOL" value="BD5M089"/>
        </identifiers>
        <balance>35700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>40753.54000000</valUSD>
        <pctVal>0.114436446884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JILIN ZIXIN PHARMACEUTICAL INDUSTRIAL CO LTD</name>
        <lei>300300RKEF9C4SQO2H31</lei>
        <title>JILIN ZIXIN PHARMACEUTICAL INDUSTRIAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001R43"/>
          <ticker value="002118"/>
          <other otherDesc="SEDOL" value="B1Q2ZR8"/>
        </identifiers>
        <balance>33100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20728.87000000</valUSD>
        <pctVal>0.058206924618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xingyu Co.,Ltd</name>
        <lei>N/A</lei>
        <title>Changzhou Xingyu Automotive Lighting Systems Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000011H2"/>
          <ticker value="601799"/>
          <other otherDesc="SEDOL" value="BS7K3D2"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>96696.50000000</valUSD>
        <pctVal>0.271524973933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUATIAN TECH</name>
        <lei>N/A</lei>
        <title>Tianshui Huatian Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000825"/>
          <ticker value="002185"/>
          <other otherDesc="SEDOL" value="B28XJP2"/>
        </identifiers>
        <balance>19300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44627.53000000</valUSD>
        <pctVal>0.125314658958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XXJC</name>
        <lei>N/A</lei>
        <title>GCL System Integration Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WW3"/>
          <ticker value="002506"/>
          <other otherDesc="SEDOL" value="B5BBL47"/>
        </identifiers>
        <balance>26600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16735.91000000</valUSD>
        <pctVal>0.046994643306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WASU MEDIA HOLDING CO LTD</name>
        <lei>N/A</lei>
        <title>WASU MEDIA HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014L0"/>
          <ticker value="000156"/>
          <other otherDesc="SEDOL" value="BD5CNR9"/>
        </identifiers>
        <balance>10400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16958.09000000</valUSD>
        <pctVal>0.047618527508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRIGHT DAIRY &amp; FOOD CO LTD</name>
        <lei>N/A</lei>
        <title>BRIGHT DAIRY &amp; FOOD CO LT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001C99"/>
          <ticker value="600597"/>
          <other otherDesc="SEDOL" value="BP3R5J6"/>
        </identifiers>
        <balance>7800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24788.11000000</valUSD>
        <pctVal>0.069605320995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU CHANGSHU RURAL CO</name>
        <lei>300300C1115432000063</lei>
        <title>JIANGSU CHANGSHU RURAL CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RJ6"/>
          <ticker value="601128"/>
          <other otherDesc="SEDOL" value="BDFBDR6"/>
        </identifiers>
        <balance>43600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>54227.11000000</valUSD>
        <pctVal>0.152270398920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Hailiang Co Ltd</name>
        <lei>30030052QMKYS7EZTH25</lei>
        <title>Zhejiang Hailiang Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008X5"/>
          <ticker value="002203"/>
          <other otherDesc="SEDOL" value="BD5M2C7"/>
        </identifiers>
        <balance>33900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>43103.08000000</valUSD>
        <pctVal>0.121033984409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHENGDU FUSEN NOBLE-HOUSE</name>
        <lei>300300OVAYV11HTDG014</lei>
        <title>CHENGDU FUSEN NOBLE-HOUSE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BW3"/>
          <ticker value="002818"/>
          <other otherDesc="SEDOL" value="BYNF6S9"/>
        </identifiers>
        <balance>60.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>141.37000000</valUSD>
        <pctVal>0.000396968717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEIFU HIGH-TECHNOLOGY GRP</name>
        <lei>N/A</lei>
        <title>WEIFU HIGH-TECHNOLOGY GRP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000002G5"/>
          <ticker value="000581"/>
          <other otherDesc="SEDOL" value="BD5CJP9"/>
        </identifiers>
        <balance>9600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34922.85000000</valUSD>
        <pctVal>0.098063796889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chinese Media</name>
        <lei>N/A</lei>
        <title>Chinese Universe Publishing and Media Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019X4"/>
          <ticker value="600373"/>
          <other otherDesc="SEDOL" value="BP3R1Q5"/>
        </identifiers>
        <balance>22389.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>43174.56000000</valUSD>
        <pctVal>0.121234701137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNLORD</name>
        <lei>N/A</lei>
        <title>Shenzhen Sunlord Electronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000000M5"/>
          <ticker value="002138"/>
          <other otherDesc="SEDOL" value="B1Y1760"/>
        </identifiers>
        <balance>5800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20261.01000000</valUSD>
        <pctVal>0.056893167923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xinyu Iron &amp; Steel Co Ltd</name>
        <lei>300300IV9H52BDI2RN64</lei>
        <title>Xinyu Iron &amp; Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000NP7"/>
          <ticker value="600782"/>
          <other otherDesc="SEDOL" value="6982760"/>
        </identifiers>
        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>1820.36000000</valUSD>
        <pctVal>0.005111593506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LUENMEI QUANTUM CO LTD</name>
        <lei>N/A</lei>
        <title>LUENMEI QUANTUM CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Y94"/>
          <ticker value="600167"/>
          <other otherDesc="SEDOL" value="BP3RMH3"/>
        </identifiers>
        <balance>31710.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>62676.58000000</valUSD>
        <pctVal>0.175996615707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOMACH AUTOMOBILE CO LTD</name>
        <lei>N/A</lei>
        <title>SINOMACH AUTOMOBILE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017D0"/>
          <ticker value="600335"/>
          <other otherDesc="SEDOL" value="6321794"/>
        </identifiers>
        <balance>13250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11237.83000000</valUSD>
        <pctVal>0.031555966325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA NUCLEAR ENGINEERING</name>
        <lei>300300GECSK8MDTR1321</lei>
        <title>China Nuclear Engineering &amp; Construction Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002896"/>
          <ticker value="601611"/>
          <other otherDesc="SEDOL" value="BYY7YM4"/>
        </identifiers>
        <balance>34600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>43033.44000000</valUSD>
        <pctVal>0.120838434423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TLGX</name>
        <lei>300300U3F4XPURBR7A74</lei>
        <title>China Petroleum Engineering Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001642"/>
          <ticker value="600339"/>
          <other otherDesc="SEDOL" value="6312947"/>
        </identifiers>
        <balance>72800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31137.91000000</valUSD>
        <pctVal>0.087435638322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG YASHA DECORATION CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG YASHA DECORATION CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000M70"/>
          <ticker value="002375"/>
          <other otherDesc="SEDOL" value="BD5CK45"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24065.08000000</valUSD>
        <pctVal>0.067575043767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING ENERGY TRANSPORTATION CO LTD</name>
        <lei>529900IGB8FVHRCR1W95</lei>
        <title>COSCO SHIPPING ENERGY TRANSPORTATION CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BD6"/>
          <ticker value="600026"/>
          <other otherDesc="SEDOL" value="BP3R9Y9"/>
        </identifiers>
        <balance>17900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19885.11000000</valUSD>
        <pctVal>0.055837636051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ningbo Joyson Electronic Corp</name>
        <lei>300300XPY07RUN7V4863</lei>
        <title>Ningbo Joyson Electronic Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DJ1"/>
          <ticker value="600699"/>
          <other otherDesc="SEDOL" value="6503525"/>
        </identifiers>
        <balance>13660.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45783.92000000</valUSD>
        <pctVal>0.128561816452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINFENGMING GROUP CO LTD-</name>
        <lei>300300EUL4DEDVVTFA59</lei>
        <title>XINFENGMING GROUP CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RH0"/>
          <ticker value="603225"/>
          <other otherDesc="SEDOL" value="BF164Y3"/>
        </identifiers>
        <balance>424.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>693.23000000</valUSD>
        <pctVal>0.001946598456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOMA INTERNATIONAL ENGINEERING CO</name>
        <lei>N/A</lei>
        <title>SINOMA INTERNATIONAL ENGINEERING CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001LS3"/>
          <ticker value="600970"/>
          <other otherDesc="SEDOL" value="B0762D7"/>
        </identifiers>
        <balance>26950.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24470.32000000</valUSD>
        <pctVal>0.068712962724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES DOUBLE CRA</name>
        <lei>3003008IFGE1S66ZZA20</lei>
        <title>CHINA RESOURCES DOUBLE CR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Q94"/>
          <ticker value="600062"/>
          <other otherDesc="SEDOL" value="BP3R961"/>
        </identifiers>
        <balance>6649.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13083.88000000</valUSD>
        <pctVal>0.036739697672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SICHUAN LANGUANG DEVELOPMENT CO LTD</name>
        <lei>N/A</lei>
        <title>SICHUAN LANGUANG DEVELOPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017B4"/>
          <ticker value="600466"/>
          <other otherDesc="SEDOL" value="BYYFJC3"/>
        </identifiers>
        <balance>26865.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21569.49000000</valUSD>
        <pctVal>0.060567396027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZIBO QIXIANG TENGDA CHEMICAL CO LTD</name>
        <lei>N/A</lei>
        <title>ZIBO QIXIANG TENGDA CHEMICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000P93"/>
          <ticker value="002408"/>
          <other otherDesc="SEDOL" value="B3MHG56"/>
        </identifiers>
        <balance>21015.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27057.54000000</valUSD>
        <pctVal>0.075977908643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tianjin 712 Communication &amp; Br</name>
        <lei>N/A</lei>
        <title>Tianjin 712 Communication &amp; Broadcasting Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000030X9"/>
          <ticker value="603712"/>
          <other otherDesc="SEDOL" value="BK947M3"/>
        </identifiers>
        <balance>9800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>73146.29000000</valUSD>
        <pctVal>0.205395691525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanxi Securities Co Ltd</name>
        <lei>300300E1007214000085</lei>
        <title>Shanxi Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WJ0"/>
          <ticker value="002500"/>
          <other otherDesc="SEDOL" value="BD5CNC4"/>
        </identifiers>
        <balance>14180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17015.25000000</valUSD>
        <pctVal>0.047779033498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANJI E-COMMERCE CO LTD</name>
        <lei>3003007Y2YF75BGMZU80</lei>
        <title>NANJI E-COMMERCE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000080"/>
          <ticker value="002127"/>
          <other otherDesc="SEDOL" value="BD5LSJ3"/>
        </identifiers>
        <balance>45350.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>122671.34000000</valUSD>
        <pctVal>0.344462647519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chinese Media</name>
        <lei>N/A</lei>
        <title>Chinese Universe Publishing and Media Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019X4"/>
          <ticker value="600373"/>
          <other otherDesc="SEDOL" value="6451226"/>
        </identifiers>
        <balance>7100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13691.52000000</valUSD>
        <pctVal>0.038445958344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINJIANG TIANSHAN CEMENT CO LTD</name>
        <lei>300300BZBK1Y5ZT2LF14</lei>
        <title>XINJIANG TIANSHAN CEMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XV4"/>
          <ticker value="000877"/>
          <other otherDesc="SEDOL" value="BD5LV72"/>
        </identifiers>
        <balance>12100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39919.42000000</valUSD>
        <pctVal>0.112094227556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apeloa Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>Apeloa Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Q45"/>
          <ticker value="000739"/>
          <other otherDesc="SEDOL" value="6003650"/>
        </identifiers>
        <balance>5100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21180.82000000</valUSD>
        <pctVal>0.059476005836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN TELLUS HOLDING CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN TELLUS HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008N8"/>
          <ticker value="000025"/>
          <other otherDesc="SEDOL" value="6885449"/>
        </identifiers>
        <balance>410.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>1317.93000000</valUSD>
        <pctVal>0.003700763821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MEHECO CO LTD</name>
        <lei>300300PBRRWGVD4VNQ86</lei>
        <title>CHINA MEHECO CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Q29"/>
          <ticker value="600056"/>
          <other otherDesc="SEDOL" value="6109398"/>
        </identifiers>
        <balance>15900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36788.90000000</valUSD>
        <pctVal>0.103303688484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG ZHONGSHENG PHA</name>
        <lei>300300UIC9JP5RWI1S81</lei>
        <title>GUANGDONG ZHONGSHENG PHA-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000HW4"/>
          <ticker value="002317"/>
          <other otherDesc="SEDOL" value="B4K1BL8"/>
        </identifiers>
        <balance>21200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>48928.08000000</valUSD>
        <pctVal>0.137390656813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IRICO Display Devices Co Ltd</name>
        <lei>3003005EGLX0QFEGD247</lei>
        <title>IRICO Display Devices Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000KG2"/>
          <ticker value="600707"/>
          <other otherDesc="SEDOL" value="6183273"/>
        </identifiers>
        <balance>31200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20586.54000000</valUSD>
        <pctVal>0.057807260209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WINNING HEALTH TECHNOLOGY GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>WINNING HEALTH TECHNOLOGY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000016F5"/>
          <ticker value="300253"/>
          <other otherDesc="SEDOL" value="BD5CKZ6"/>
        </identifiers>
        <balance>33840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>104726.51000000</valUSD>
        <pctVal>0.294073341825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACCELINK TECHNOLOGIES CO</name>
        <lei>N/A</lei>
        <title>ACCELINK TECHNOLOGIES CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000F87"/>
          <ticker value="002281"/>
          <other otherDesc="SEDOL" value="BD5C8C9"/>
        </identifiers>
        <balance>8700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41681.97000000</valUSD>
        <pctVal>0.117043489864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG BAOLIHUA NEW ENERGY STOCK CO LTD</name>
        <lei>300300QL36W5MNOA1E19</lei>
        <title>GUANGDONG BAOLIHUA NEW ENERGY STOCK CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000P12"/>
          <ticker value="000690"/>
          <other otherDesc="SEDOL" value="6384708"/>
        </identifiers>
        <balance>43900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44859.35000000</valUSD>
        <pctVal>0.125965612399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINHUA WINSHARE PUBLISHING</name>
        <lei>529900GRONU6MXRSA398</lei>
        <title>XINHUA WINSHARE PUBLISHIN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BC5"/>
          <ticker value="601811"/>
          <other otherDesc="SEDOL" value="BD7XV43"/>
        </identifiers>
        <balance>2500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4237.04000000</valUSD>
        <pctVal>0.011897660986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Putailai New Energy T</name>
        <lei>N/A</lei>
        <title>Shanghai Putailai New Energy Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002TX3"/>
          <ticker value="603659"/>
          <other otherDesc="SEDOL" value="BF2DZJ5"/>
        </identifiers>
        <balance>5400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>78071.91000000</valUSD>
        <pctVal>0.219226893710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunwoda Electronic Co Ltd</name>
        <lei>N/A</lei>
        <title>Sunwoda Electronic Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001260"/>
          <ticker value="300207"/>
          <other otherDesc="SEDOL" value="BD5CCV6"/>
        </identifiers>
        <balance>38900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>136172.43000000</valUSD>
        <pctVal>0.382373876057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNGROW POWER SUPPLY CO LTD</name>
        <lei>N/A</lei>
        <title>SUNGROW POWER SUPPLY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000018M7"/>
          <ticker value="300274"/>
          <other otherDesc="SEDOL" value="BD5CGB4"/>
        </identifiers>
        <balance>18700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>59864.68000000</valUSD>
        <pctVal>0.168100765555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EASTERN PIONEER DRIVING SCHOOL CO LTD</name>
        <lei>N/A</lei>
        <title>EASTERN PIONEER DRIVING SCHOOL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000025G4"/>
          <ticker value="603377"/>
          <other otherDesc="SEDOL" value="BYNDV00"/>
        </identifiers>
        <balance>12800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>43443.35000000</valUSD>
        <pctVal>0.121989466798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIEYUAN ELECTRIC CO LTD</name>
        <lei>N/A</lei>
        <title>SIEYUAN ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001KM8"/>
          <ticker value="002028"/>
          <other otherDesc="SEDOL" value="BD5C7M2"/>
        </identifiers>
        <balance>18200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>68147.38000000</valUSD>
        <pctVal>0.191358690108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG HI-SPEED CO LTD</name>
        <lei>300300B9G799APH8HE50</lei>
        <title>SHANDONG HI-SPEED CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019Y2"/>
          <ticker value="600350"/>
          <other otherDesc="SEDOL" value="6517021"/>
        </identifiers>
        <balance>15000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14035.88000000</valUSD>
        <pctVal>0.039412925505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CTI</name>
        <lei>N/A</lei>
        <title>Centre Testing International Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GV8"/>
          <ticker value="300012"/>
          <other otherDesc="SEDOL" value="BD5C7D3"/>
        </identifiers>
        <balance>38400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>153369.05000000</valUSD>
        <pctVal>0.430662198770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FangDa S.Steel</name>
        <lei>300300YXNMOW3T5MYO39</lei>
        <title>Fangda Special Steel Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001G04"/>
          <ticker value="600507"/>
          <other otherDesc="SEDOL" value="BP3RHJ0"/>
        </identifiers>
        <balance>26837.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22213.01000000</valUSD>
        <pctVal>0.062374408186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YOFC</name>
        <lei>52990001VWJO1YB9S047</lei>
        <title>Yangtze Optical Fibre and Cable Joint Stock Ltd Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000036B2"/>
          <ticker value="601869"/>
          <other otherDesc="SEDOL" value="BFYD504"/>
        </identifiers>
        <balance>1100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5103.13000000</valUSD>
        <pctVal>0.014329652471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENAN PINGGAO ELECTRIC CO</name>
        <lei>300300PSM0I8NOJ2Y515</lei>
        <title>HENAN PINGGAO ELECTRIC CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001774"/>
          <ticker value="600312"/>
          <other otherDesc="SEDOL" value="BP3R734"/>
        </identifiers>
        <balance>21600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24310.76000000</valUSD>
        <pctVal>0.068264916261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STSS</name>
        <lei>300300TSZ3ZVPD82J476</lei>
        <title>Shanxi Taigang Stainless Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WM5"/>
          <ticker value="000825"/>
          <other otherDesc="SEDOL" value="6116901"/>
        </identifiers>
        <balance>19900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10632.24000000</valUSD>
        <pctVal>0.029855462078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI XINHUA MEDIA CO LTD</name>
        <lei>N/A</lei>
        <title>ANHUI XINHUA MEDIA CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000KB2"/>
          <ticker value="601801"/>
          <other otherDesc="SEDOL" value="B5V3YM2"/>
        </identifiers>
        <balance>20100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17957.17000000</valUSD>
        <pctVal>0.050423956566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JHEC</name>
        <lei>N/A</lei>
        <title>Zhejiang Jiahua Energy Chemical Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001F62"/>
          <ticker value="600273"/>
          <other otherDesc="SEDOL" value="BZ0D1G6"/>
        </identifiers>
        <balance>34800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>55271.16000000</valUSD>
        <pctVal>0.155202104298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU PHOENIX PUBLISH</name>
        <lei>N/A</lei>
        <title>JIANGSU PHOENIX PUBLISH</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000019Q6"/>
          <ticker value="601928"/>
          <other otherDesc="SEDOL" value="B59GJM8"/>
        </identifiers>
        <balance>33200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>35524.87000000</valUSD>
        <pctVal>0.099754276532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>G-BITS NETWORK TECHNOLOGY</name>
        <lei>N/A</lei>
        <title>G-BITS NETWORK TECHNOLOGY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GK7"/>
          <ticker value="603444"/>
          <other otherDesc="SEDOL" value="BYZQW37"/>
        </identifiers>
        <balance>1873.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>169309.05000000</valUSD>
        <pctVal>0.475421916903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NINGBO HUAXIANG ELECTRONIC CO LTD</name>
        <lei>N/A</lei>
        <title>NINGBO HUAXIANG ELECTRONIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001M06"/>
          <ticker value="002048"/>
          <other otherDesc="SEDOL" value="B09QWR9"/>
        </identifiers>
        <balance>10600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27651.64000000</valUSD>
        <pctVal>0.077646148828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VCANBIO CELL &amp; GENE ENGINEERING CORP LTD</name>
        <lei>300300FLWFDJPQYVAZ24</lei>
        <title>VCANBIO CELL &amp; GENE ENGINEERING CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000545"/>
          <ticker value="600645"/>
          <other otherDesc="SEDOL" value="6802642"/>
        </identifiers>
        <balance>14200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>62394.35000000</valUSD>
        <pctVal>0.175204110358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENGDIAN GROUP DMEGC MAGNETICS CO LTD</name>
        <lei>N/A</lei>
        <title>HENGDIAN GROUP DMEGC MAGNETICS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001N70"/>
          <ticker value="002056"/>
          <other otherDesc="SEDOL" value="B18M2M0"/>
        </identifiers>
        <balance>20500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>35072.92000000</valUSD>
        <pctVal>0.098485195314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHANGYU-B</name>
        <lei>N/A</lei>
        <title>Yantai Changyu Pioneer Wine Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001568"/>
          <ticker value="000869"/>
          <other otherDesc="SEDOL" value="BD5CGS1"/>
        </identifiers>
        <balance>4700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26902.03000000</valUSD>
        <pctVal>0.075541234631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG RUNTU CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG RUNTU CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QY1"/>
          <ticker value="002440"/>
          <other otherDesc="SEDOL" value="BD5CFB7"/>
        </identifiers>
        <balance>12750.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18184.24000000</valUSD>
        <pctVal>0.051061571949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHANGJIANG PUBLISHING &amp; ME</name>
        <lei>N/A</lei>
        <title>CHANGJIANG PUBLISHING &amp; M</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MQ7"/>
          <ticker value="600757"/>
          <other otherDesc="SEDOL" value="6765897"/>
        </identifiers>
        <balance>22000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19044.42000000</valUSD>
        <pctVal>0.053476968081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nanjing Tanker Corp</name>
        <lei>300300I8U60MMF47UX97</lei>
        <title>Nanjing Tanker Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003H09"/>
          <ticker value="601975"/>
          <other otherDesc="SEDOL" value="BGSCTN5"/>
        </identifiers>
        <balance>150400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61913.78000000</valUSD>
        <pctVal>0.173854663825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guanghui Energy Co Ltd</name>
        <lei>300300763Q4WLOKZPD04</lei>
        <title>Guanghui Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000012G4"/>
          <ticker value="600256"/>
          <other otherDesc="SEDOL" value="6247964"/>
        </identifiers>
        <balance>35600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15122.84000000</valUSD>
        <pctVal>0.042465122696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAFON MICROFIBRE</name>
        <lei>N/A</lei>
        <title>Huafon Microfibre Shanghai Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001088"/>
          <ticker value="300180"/>
          <other otherDesc="SEDOL" value="B6008N0"/>
        </identifiers>
        <balance>12650.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13277.30000000</valUSD>
        <pctVal>0.037282823436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oceanwide Holdings Co Ltd</name>
        <lei>300300SKXXC439QCQ965</lei>
        <title>Oceanwide Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000123"/>
          <ticker value="000046"/>
          <other otherDesc="SEDOL" value="BD5CP39"/>
        </identifiers>
        <balance>54200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32597.70000000</valUSD>
        <pctVal>0.091534746787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CINDA REAL ESTATE CO LTD</name>
        <lei>300300X62RFAD59URL42</lei>
        <title>CINDA REAL ESTATE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000966"/>
          <ticker value="600657"/>
          <other otherDesc="SEDOL" value="BP3RGQ0"/>
        </identifiers>
        <balance>16100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11610.29000000</valUSD>
        <pctVal>0.032601838635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JASON FURNITURE HANGZHOU CO LTD</name>
        <lei>N/A</lei>
        <title>JASON FURNITURE HANGZHOU CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GF7"/>
          <ticker value="603816"/>
          <other otherDesc="SEDOL" value="BYW5R09"/>
        </identifiers>
        <balance>7454.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>71522.62000000</valUSD>
        <pctVal>0.200836405982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PGVT</name>
        <lei>300300ONZYFDMNITT218</lei>
        <title>Pangang Group Vanadium Titanium &amp; Resources Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000007H2"/>
          <ticker value="000629"/>
          <other otherDesc="SEDOL" value="BKDQ7V4"/>
        </identifiers>
        <balance>149200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>47480.55000000</valUSD>
        <pctVal>0.133325974581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIJIAZHUANG YILING PHARMA</name>
        <lei>300300MXXUF4JUKD5G32</lei>
        <title>SHIJIAZHUANG YILING PHARM</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000015S0"/>
          <ticker value="002603"/>
          <other otherDesc="SEDOL" value="BD5CHJ9"/>
        </identifiers>
        <balance>14600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>60912.37000000</valUSD>
        <pctVal>0.171042692097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRG BANKING EQUIPMENT CO LTD</name>
        <lei>N/A</lei>
        <title>GRG BANKING EQUIPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000650"/>
          <ticker value="002152"/>
          <other otherDesc="SEDOL" value="BD5CLH5"/>
        </identifiers>
        <balance>26400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>53915.30000000</valUSD>
        <pctVal>0.151394832564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELION CLEAN ENERGY CO LTD</name>
        <lei>300300DY1UNV9WJ61K80</lei>
        <title>ELION CLEAN ENERGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013S7"/>
          <ticker value="600277"/>
          <other otherDesc="SEDOL" value="BP3R767"/>
        </identifiers>
        <balance>20200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10556.62000000</valUSD>
        <pctVal>0.029643120178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANJING KING-FRIEND BIOCHEMICA</name>
        <lei>N/A</lei>
        <title>Nanjing King-Friend Biochemical Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002WP3"/>
          <ticker value="603707"/>
          <other otherDesc="SEDOL" value="BF2DZL7"/>
        </identifiers>
        <balance>8060.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>57900.03000000</valUSD>
        <pctVal>0.162584003934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YINTAI RESOURCES CO LTD</name>
        <lei>N/A</lei>
        <title>YINTAI RESOURCES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000012L4"/>
          <ticker value="000975"/>
          <other otherDesc="SEDOL" value="BD5CF40"/>
        </identifiers>
        <balance>32180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>75913.29000000</valUSD>
        <pctVal>0.213165461918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANKEBIO</name>
        <lei>N/A</lei>
        <title>Anhui Anke Biotechnology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GY2"/>
          <ticker value="300009"/>
          <other otherDesc="SEDOL" value="BD5C829"/>
        </identifiers>
        <balance>26790.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>68477.72000000</valUSD>
        <pctVal>0.192286288934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI AJ GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>SHANGHAI AJ GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008S7"/>
          <ticker value="600643"/>
          <other otherDesc="SEDOL" value="6817000"/>
        </identifiers>
        <balance>19265.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24916.85000000</valUSD>
        <pctVal>0.069966824515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG WANLIYANG CO LTD</name>
        <lei>3003004M3U88RF1NKD27</lei>
        <title>ZHEJIANG WANLIYANG CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QB9"/>
          <ticker value="002434"/>
          <other otherDesc="SEDOL" value="B57LCQ0"/>
        </identifiers>
        <balance>13700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19639.14000000</valUSD>
        <pctVal>0.055146949233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Leyard Optoelectronic Co Ltd</name>
        <lei>300300TZ3EYOENTWR527</lei>
        <title>Leyard Optoelectronic Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001CB7"/>
          <ticker value="300296"/>
          <other otherDesc="SEDOL" value="B71R6P5"/>
        </identifiers>
        <balance>15500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15567.20000000</valUSD>
        <pctVal>0.043712891099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING E-HUALU INFORMATION TECHNOLOGY CO LTD</name>
        <lei>300300ZPI2AW55HP7I19</lei>
        <title>Beijing E-Hualu Information Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000012M0"/>
          <ticker value="300212"/>
          <other otherDesc="SEDOL" value="BD5CD79"/>
        </identifiers>
        <balance>13560.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>77338.10000000</valUSD>
        <pctVal>0.217166346109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN AGRICULTURAL PRO</name>
        <lei>300300X639G2XGNTUQ45</lei>
        <title>SHENZHEN AGRICULTURAL PRO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008V1"/>
          <ticker value="000061"/>
          <other otherDesc="SEDOL" value="BD5CLC0"/>
        </identifiers>
        <balance>9500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11260.82000000</valUSD>
        <pctVal>0.031620522531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN NEPTUNUS BIOENGINEERING CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN NEPTUNUS BIOENGINEERING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000X95"/>
          <ticker value="000078"/>
          <other otherDesc="SEDOL" value="BD5CBK8"/>
        </identifiers>
        <balance>10300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>6615.77000000</valUSD>
        <pctVal>0.018577164393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSG HOLDING CO LTD</name>
        <lei>300300ER02X2M47OE155</lei>
        <title>CSG HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000002R2"/>
          <ticker value="000012"/>
          <other otherDesc="SEDOL" value="6192042"/>
        </identifiers>
        <balance>40167.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34360.34000000</valUSD>
        <pctVal>0.096484261817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANSTEEL MINGUANG LTD A</name>
        <lei>N/A</lei>
        <title>SANSTEEL MINGUANG LTD A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001QF9"/>
          <ticker value="002110"/>
          <other otherDesc="SEDOL" value="B1LH6H5"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4058.22000000</valUSD>
        <pctVal>0.011395532203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WANGSU</name>
        <lei>N/A</lei>
        <title>Wangsu Science &amp; Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GQ8"/>
          <ticker value="300017"/>
          <other otherDesc="SEDOL" value="BD5CN24"/>
        </identifiers>
        <balance>67700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>90526.25000000</valUSD>
        <pctVal>0.254198835237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Red Avenue New Materials Group</name>
        <lei>N/A</lei>
        <title>Red Avenue New Materials Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000036G1"/>
          <ticker value="603650"/>
          <other otherDesc="SEDOL" value="BFMXLL9"/>
        </identifiers>
        <balance>5200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25057.59000000</valUSD>
        <pctVal>0.070362024184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN NEPTUNUS BIOENGINEERING CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN NEPTUNUS BIOENGINEERING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000X95"/>
          <ticker value="000078"/>
          <other otherDesc="SEDOL" value="6139663"/>
        </identifiers>
        <balance>61750.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39662.50000000</valUSD>
        <pctVal>0.111372793003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QINGDAO TGOOD ELECTRIC</name>
        <lei>N/A</lei>
        <title>QINGDAO TGOOD ELECTRIC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000H69"/>
          <ticker value="300001"/>
          <other otherDesc="SEDOL" value="BD5CGV4"/>
        </identifiers>
        <balance>12681.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>38152.40000000</valUSD>
        <pctVal>0.107132413432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING TEAMSUN TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>BEIJING TEAMSUN TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001HG6"/>
          <ticker value="600410"/>
          <other otherDesc="SEDOL" value="BP3RFM9"/>
        </identifiers>
        <balance>10700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20789.89000000</valUSD>
        <pctVal>0.058378269537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHONGQING DEPARTMENT STORE CO LTD</name>
        <lei>N/A</lei>
        <title>CHONGQING DEPARTMENT STORE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LF2"/>
          <ticker value="600729"/>
          <other otherDesc="SEDOL" value="BP3RB76"/>
        </identifiers>
        <balance>5695.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27775.42000000</valUSD>
        <pctVal>0.077993724607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INNER MONGOLIA FIRST MACHINERY GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>INNER MONGOLIA FIRST MACHINERY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001HP7"/>
          <ticker value="600967"/>
          <other otherDesc="SEDOL" value="B0148Q2"/>
        </identifiers>
        <balance>22600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>40480.27000000</valUSD>
        <pctVal>0.113669101327</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG SUN PAPER INDUSTR</name>
        <lei>3003003IDX6WN6H5CH12</lei>
        <title>SHANDONG SUN PAPER INDUST</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P52"/>
          <ticker value="002078"/>
          <other otherDesc="SEDOL" value="BD5CC94"/>
        </identifiers>
        <balance>27700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>56448.91000000</valUSD>
        <pctVal>0.158509240937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUOSHENG FINANCIAL HOLDING</name>
        <lei>N/A</lei>
        <title>GUOSHENG FINANCIAL HOLDIN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001D21"/>
          <ticker value="002670"/>
          <other otherDesc="SEDOL" value="B7ZWP71"/>
        </identifiers>
        <balance>17815.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26162.20000000</valUSD>
        <pctVal>0.073463782794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TongFu Microelectronics Co Ltd</name>
        <lei>N/A</lei>
        <title>TongFu Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000006C3"/>
          <ticker value="002156"/>
          <other otherDesc="SEDOL" value="B23K527"/>
        </identifiers>
        <balance>6100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21202.14000000</valUSD>
        <pctVal>0.059535872661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SATLPEC</name>
        <lei>300300EB6R0AX600R053</lei>
        <title>Zhejiang Satellite Petrochemical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001B07"/>
          <ticker value="002648"/>
          <other otherDesc="SEDOL" value="BFCCQG6"/>
        </identifiers>
        <balance>18600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>53326.72000000</valUSD>
        <pctVal>0.149742092608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNAN CORUN NEW ENERGY CO</name>
        <lei>300300BUE5D2AASHJ213</lei>
        <title>HUNAN CORUN NEW ENERGY CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FY3"/>
          <ticker value="600478"/>
          <other otherDesc="SEDOL" value="6693062"/>
        </identifiers>
        <balance>50311.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29450.84000000</valUSD>
        <pctVal>0.082698324792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUATIAN TECH</name>
        <lei>N/A</lei>
        <title>Tianshui Huatian Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000825"/>
          <ticker value="002185"/>
          <other otherDesc="SEDOL" value="BD5C9M6"/>
        </identifiers>
        <balance>76500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>176891.52000000</valUSD>
        <pctVal>0.496713586913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIRST CAPITAL</name>
        <lei>3003007W6RHRZJVRZ944</lei>
        <title>First Capital Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000027G0"/>
          <ticker value="002797"/>
          <other otherDesc="SEDOL" value="BD73MV7"/>
        </identifiers>
        <balance>88600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>139037.71000000</valUSD>
        <pctVal>0.390419617912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANGZHOU FIRST APPLIED MATERIAL CO LTD</name>
        <lei>N/A</lei>
        <title>HANGZHOU FIRST APPLIED MATERIAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001VX1"/>
          <ticker value="603806"/>
          <other otherDesc="SEDOL" value="BYYFJR8"/>
        </identifiers>
        <balance>4848.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>49652.67000000</valUSD>
        <pctVal>0.139425314540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGZHOU TINCI MATERIALS TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>GUANGZHOU TINCI MATERIALS TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001RG4"/>
          <ticker value="002709"/>
          <other otherDesc="SEDOL" value="BHY32T6"/>
        </identifiers>
        <balance>8980.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>52907.58000000</valUSD>
        <pctVal>0.148565142278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INFORE ENVIRO</name>
        <lei>300300LL4DABSFRC8R36</lei>
        <title>Infore Environment Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000011Z6"/>
          <ticker value="000967"/>
          <other otherDesc="SEDOL" value="6222574"/>
        </identifiers>
        <balance>41300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>55586.76000000</valUSD>
        <pctVal>0.156088313020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOLONG ELECTRIC GROUP CO LTD</name>
        <lei>3003000IXRHG37CWAL12</lei>
        <title>WOLONG ELECTRIC GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BJ3"/>
          <ticker value="600580"/>
          <other otherDesc="SEDOL" value="BP3RC62"/>
        </identifiers>
        <balance>22339.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41773.73000000</valUSD>
        <pctVal>0.117301153085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wanxiang Qianchao Co Ltd</name>
        <lei>300300WMILSKZLS04K91</lei>
        <title>Wanxiang Qianchao Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FB3"/>
          <ticker value="000559"/>
          <other otherDesc="SEDOL" value="BD5CNG8"/>
        </identifiers>
        <balance>34500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28656.41000000</valUSD>
        <pctVal>0.080467555477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG MEDICINE CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG MEDICINE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000010J2"/>
          <ticker value="600216"/>
          <other otherDesc="SEDOL" value="6171159"/>
        </identifiers>
        <balance>20600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>54880.81000000</valUSD>
        <pctVal>0.154105996645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSG HOLDING CO LTD</name>
        <lei>300300ER02X2M47OE155</lei>
        <title>CSG HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000002R2"/>
          <ticker value="000012"/>
          <other otherDesc="SEDOL" value="BD5CD46"/>
        </identifiers>
        <balance>20694.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17702.41000000</valUSD>
        <pctVal>0.049708587320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Zijin Rural Commercial</name>
        <lei>300300C1158932000039</lei>
        <title>Jiangsu Zijin Rural Commercial Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003GZ3"/>
          <ticker value="601860"/>
          <other otherDesc="SEDOL" value="BHNMCT4"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10160.14000000</valUSD>
        <pctVal>0.028529799410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REALCAN PHARMACEUTICAL CO</name>
        <lei>300300YI5IV3FBRRSJ48</lei>
        <title>REALCAN PHARMACEUTICAL CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000013X5"/>
          <ticker value="002589"/>
          <other otherDesc="SEDOL" value="BD5CHP5"/>
        </identifiers>
        <balance>19500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17221.87000000</valUSD>
        <pctVal>0.048359225027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA WEST CONSTRUCT GR</name>
        <lei>300300S441Z5T2P9E331</lei>
        <title>CHINA WEST CONSTRUCT GR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000H77"/>
          <ticker value="002302"/>
          <other otherDesc="SEDOL" value="B54LHS0"/>
        </identifiers>
        <balance>7200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11677.15000000</valUSD>
        <pctVal>0.032789582346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN AISIDI CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN AISIDI CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000PN6"/>
          <ticker value="002416"/>
          <other otherDesc="SEDOL" value="BD5CF95"/>
        </identifiers>
        <balance>16540.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23879.33000000</valUSD>
        <pctVal>0.067053455458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI JAHWA UNITED CO LTD</name>
        <lei>300300RPIKEEFIKC9318</lei>
        <title>SHANGHAI JAHWA UNITED CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017K5"/>
          <ticker value="600315"/>
          <other otherDesc="SEDOL" value="BP3R5H4"/>
        </identifiers>
        <balance>4458.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27046.18000000</valUSD>
        <pctVal>0.075946009622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JUMPCAN PHARMACEUTICAL CO., LT</name>
        <lei>N/A</lei>
        <title>Hubei Jumpcan Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000018X6"/>
          <ticker value="600566"/>
          <other otherDesc="SEDOL" value="6391560"/>
        </identifiers>
        <balance>2800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9891.54000000</valUSD>
        <pctVal>0.027775567271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jinduicheng Molybdenum Co Ltd</name>
        <lei>N/A</lei>
        <title>Jinduicheng Molybdenum Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009Y1"/>
          <ticker value="601958"/>
          <other otherDesc="SEDOL" value="BP3R5L8"/>
        </identifiers>
        <balance>23500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21440.67000000</valUSD>
        <pctVal>0.060205667866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XISHUI STRONG YEAR CO LTD INNER MONGOLIA</name>
        <lei>N/A</lei>
        <title>XISHUI STRONG YEAR CO LTD INNER MONGOLIA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001451"/>
          <ticker value="600291"/>
          <other otherDesc="SEDOL" value="6275352"/>
        </identifiers>
        <balance>4400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4875.11000000</valUSD>
        <pctVal>0.013689369477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEXING ELECTRICAL CO LTD</name>
        <lei>N/A</lei>
        <title>HEXING ELECTRICAL CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GS0"/>
          <ticker value="603556"/>
          <other otherDesc="SEDOL" value="BYW5QY6"/>
        </identifiers>
        <balance>8480.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18878.01000000</valUSD>
        <pctVal>0.053009686732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WUHAN GUIDE INFRARED CO LTD</name>
        <lei>3003008240B1DJP5FT46</lei>
        <title>WUHAN GUIDE INFRARED CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000RK8"/>
          <ticker value="002414"/>
          <other otherDesc="SEDOL" value="BD5CGD6"/>
        </identifiers>
        <balance>7400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41448.99000000</valUSD>
        <pctVal>0.116389279129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES SANJIU MED</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES SANJIU MED</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000011K8"/>
          <ticker value="000999"/>
          <other otherDesc="SEDOL" value="6187446"/>
        </identifiers>
        <balance>11200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>46596.50000000</valUSD>
        <pctVal>0.130843551192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUIZHOU BROADCASTING &amp; TV INFORMATION NETWORK CO LTD</name>
        <lei>N/A</lei>
        <title>GUIZHOU BROADCASTING &amp; TV INFORMATION NETWORK CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GP6"/>
          <ticker value="600996"/>
          <other otherDesc="SEDOL" value="BYW5QM4"/>
        </identifiers>
        <balance>14600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16602.78000000</valUSD>
        <pctVal>0.046620812611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>C&amp;S Paper Co Ltd</name>
        <lei>300300KGJXXRAEEKSC37</lei>
        <title>C&amp;S Paper Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000X36"/>
          <ticker value="002511"/>
          <other otherDesc="SEDOL" value="BFY8GH3"/>
        </identifiers>
        <balance>22800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>81610.44000000</valUSD>
        <pctVal>0.229163129934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kuang-Chi Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>Kuang-Chi Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000018P0"/>
          <ticker value="002625"/>
          <other otherDesc="SEDOL" value="BD5CBF3"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>98973.77000000</valUSD>
        <pctVal>0.277919576399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENAN PINGGAO ELECTRIC CO LTD</name>
        <lei>300300PSM0I8NOJ2Y515</lei>
        <title>HENAN PINGGAO ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001774"/>
          <ticker value="600312"/>
          <other otherDesc="SEDOL" value="6320984"/>
        </identifiers>
        <balance>13800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15531.87000000</valUSD>
        <pctVal>0.043613684020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEPPON LOGIS CO LTD</name>
        <lei>N/A</lei>
        <title>DEPPON LOGIS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002SZ0"/>
          <ticker value="603056"/>
          <other otherDesc="SEDOL" value="BYX2L74"/>
        </identifiers>
        <balance>800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>2074.07000000</valUSD>
        <pctVal>0.005824014340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JASON FURNITURE HANGZHOU</name>
        <lei>N/A</lei>
        <title>JASON FURNITURE HANGZHOU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GF7"/>
          <ticker value="603816"/>
          <other otherDesc="SEDOL" value="BYPH1S8"/>
        </identifiers>
        <balance>460.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4413.79000000</valUSD>
        <pctVal>0.012393977183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chongqing Iron &amp; Steel Co Ltd</name>
        <lei>300300AE99AX3XUFCY09</lei>
        <title>Chongqing Iron &amp; Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001R76"/>
          <ticker value="601005"/>
          <other otherDesc="SEDOL" value="B1Q2HY9"/>
        </identifiers>
        <balance>21700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4751.62000000</valUSD>
        <pctVal>0.013342608022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CINDA REAL ESTATE CO LTD</name>
        <lei>300300X62RFAD59URL42</lei>
        <title>CINDA REAL ESTATE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000966"/>
          <ticker value="600657"/>
          <other otherDesc="SEDOL" value="6079026"/>
        </identifiers>
        <balance>21100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15215.98000000</valUSD>
        <pctVal>0.042726660973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WUHAN DEPARTMENT STORE GROUP CO LTD</name>
        <lei>3003001APGY4JJ1TAL65</lei>
        <title>WUHAN DEPARTMENT STORE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000024"/>
          <ticker value="000501"/>
          <other otherDesc="SEDOL" value="6984120"/>
        </identifiers>
        <balance>13409.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36564.84000000</valUSD>
        <pctVal>0.102674525219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REALCAN PHARMACEUTICAL CO LTD</name>
        <lei>300300YI5IV3FBRRSJ48</lei>
        <title>REALCAN PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000013X5"/>
          <ticker value="002589"/>
          <other otherDesc="SEDOL" value="B641XD4"/>
        </identifiers>
        <balance>26330.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23253.95000000</valUSD>
        <pctVal>0.065297380645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVIC HEAVY MACHINERY CO LT</name>
        <lei>300300NMHVXHD94A7O09</lei>
        <title>AVIC HEAVY MACHINERY CO L</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000N22"/>
          <ticker value="600765"/>
          <other otherDesc="SEDOL" value="BP3R9Q1"/>
        </identifiers>
        <balance>10100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19668.34000000</valUSD>
        <pctVal>0.055228943196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI JAHWA UNITED CO LTD</name>
        <lei>300300RPIKEEFIKC9318</lei>
        <title>SHANGHAI JAHWA UNITED CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017K5"/>
          <ticker value="600315"/>
          <other otherDesc="SEDOL" value="6330239"/>
        </identifiers>
        <balance>10206.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61918.65000000</valUSD>
        <pctVal>0.173868338846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SFY</name>
        <lei>N/A</lei>
        <title>Suofeiya Home Collection Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001203"/>
          <ticker value="002572"/>
          <other otherDesc="SEDOL" value="BD5CFM8"/>
        </identifiers>
        <balance>27018.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>104912.02000000</valUSD>
        <pctVal>0.294594256211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YOFC</name>
        <lei>52990001VWJO1YB9S047</lei>
        <title>Yangtze Optical Fibre and Cable Joint Stock Ltd Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000036B2"/>
          <ticker value="601869"/>
          <other otherDesc="SEDOL" value="BF0XD15"/>
        </identifiers>
        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19484.69000000</valUSD>
        <pctVal>0.054713251713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN WORLD UNION PROPERTIES CONSULTANCY INC</name>
        <lei>3003001AYWFISWPU8X36</lei>
        <title>SHENZHEN WORLD UNION PROPERTIES CONSULTANCY INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000FK3"/>
          <ticker value="002285"/>
          <other otherDesc="SEDOL" value="B3ZSXC2"/>
        </identifiers>
        <balance>30810.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19024.90000000</valUSD>
        <pctVal>0.053422155678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tasly</name>
        <lei>300300JB9F71F58FIC88</lei>
        <title>Tasly Pharmaceutical Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001C81"/>
          <ticker value="600535"/>
          <other otherDesc="SEDOL" value="6541525"/>
        </identifiers>
        <balance>7900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>20804.34000000</valUSD>
        <pctVal>0.058418845317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN AGRICULTURAL PRODUCTS CO LTD</name>
        <lei>300300X639G2XGNTUQ45</lei>
        <title>SHENZHEN AGRICULTURAL PRODUCTS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008V1"/>
          <ticker value="000061"/>
          <other otherDesc="SEDOL" value="6798105"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23706.99000000</valUSD>
        <pctVal>0.066569522596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN WORLD UNION PROPERTIES CONSULTANCY INC</name>
        <lei>3003001AYWFISWPU8X36</lei>
        <title>SHENZHEN WORLD UNION PROPERTIES CONSULTANCY INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000FK3"/>
          <ticker value="002285"/>
          <other otherDesc="SEDOL" value="BD5CK67"/>
        </identifiers>
        <balance>22400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13831.80000000</valUSD>
        <pctVal>0.038839866328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU YUYUE MEDICAL EQU</name>
        <lei>N/A</lei>
        <title>JIANGSU YUYUE MEDICAL EQU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009X3"/>
          <ticker value="002223"/>
          <other otherDesc="SEDOL" value="B2QNK62"/>
        </identifiers>
        <balance>18485.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>99328.91000000</valUSD>
        <pctVal>0.278916813933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG KAISHAN COMPRESSOR CO LTD</name>
        <lei>30030058EWFJ2O4WVV55</lei>
        <title>ZHEJIANG KAISHAN COMPRESSOR CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001690"/>
          <ticker value="300257"/>
          <other otherDesc="SEDOL" value="BD5CH77"/>
        </identifiers>
        <balance>6100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17462.15000000</valUSD>
        <pctVal>0.049033934253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sichuan Swellfun Co Ltd</name>
        <lei>N/A</lei>
        <title>Sichuan Swellfun Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000NH4"/>
          <ticker value="600779"/>
          <other otherDesc="SEDOL" value="BFB4JK8"/>
        </identifiers>
        <balance>8099.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>89959.99000000</valUSD>
        <pctVal>0.252608770118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHONGSHAN BROAD OCEAN MOTO</name>
        <lei>N/A</lei>
        <title>ZHONGSHAN BROAD OCEAN MOT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000C07"/>
          <ticker value="002249"/>
          <other otherDesc="SEDOL" value="B2QR2Y6"/>
        </identifiers>
        <balance>31700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18787.79000000</valUSD>
        <pctVal>0.052756347851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINKE ENTERTAINMENT</name>
        <lei>N/A</lei>
        <title>Zhejiang Jinke Culture Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001ZP8"/>
          <ticker value="300459"/>
          <other otherDesc="SEDOL" value="BX3J7B4"/>
        </identifiers>
        <balance>51948.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29347.44000000</valUSD>
        <pctVal>0.082407976307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI JIANGHUAI AUTOMOBILE GROUP CORP LTD</name>
        <lei>300300KQABCMFKN2E931</lei>
        <title>ANHUI JIANGHUAI AUTOMOBILE GROUP CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000018M9"/>
          <ticker value="600418"/>
          <other otherDesc="SEDOL" value="6389071"/>
        </identifiers>
        <balance>29800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>38499.04000000</valUSD>
        <pctVal>0.108105782861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINHUA WINSHARE PUBLISHING</name>
        <lei>529900GRONU6MXRSA398</lei>
        <title>XINHUA WINSHARE PUBLISHIN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BC5"/>
          <ticker value="601811"/>
          <other otherDesc="SEDOL" value="BD34BY0"/>
        </identifiers>
        <balance>4400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7457.19000000</valUSD>
        <pctVal>0.020939882212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liuzhou Iron &amp; Steel Co Ltd</name>
        <lei>N/A</lei>
        <title>Liuzhou Iron &amp; Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001R68"/>
          <ticker value="601003"/>
          <other otherDesc="SEDOL" value="BFYQHH4"/>
        </identifiers>
        <balance>21200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15164.30000000</valUSD>
        <pctVal>0.042581542891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIANJIN ZHONGXIN PHARMACEUTICAL GROUP CORP LTD</name>
        <lei>300300KHA32RYXJS8249</lei>
        <title>TIANJIN ZHONGXIN PHARMACEUTICAL GROUP CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001808"/>
          <ticker value="600329"/>
          <other otherDesc="SEDOL" value="BP3RCB7"/>
        </identifiers>
        <balance>2200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5816.10000000</valUSD>
        <pctVal>0.016331681093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TLYS</name>
        <lei>300300JWM4636VG5A986</lei>
        <title>Tongling Nonferrous Metals Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000529"/>
          <ticker value="000630"/>
          <other otherDesc="SEDOL" value="6040550"/>
        </identifiers>
        <balance>64300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21494.97000000</valUSD>
        <pctVal>0.060358142941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AECC AERO-ENGINE CONTROL CO LTD</name>
        <lei>N/A</lei>
        <title>AECC AERO-ENGINE CONTROL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000RM5"/>
          <ticker value="000738"/>
          <other otherDesc="SEDOL" value="BD5CMK5"/>
        </identifiers>
        <balance>9700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30698.80000000</valUSD>
        <pctVal>0.086202611984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HONGFA TECHNOLOGY CO LTD-</name>
        <lei>N/A</lei>
        <title>HONGFA TECHNOLOGY CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000JK6"/>
          <ticker value="600885"/>
          <other otherDesc="SEDOL" value="BYQDM93"/>
        </identifiers>
        <balance>4540.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30936.92000000</valUSD>
        <pctVal>0.086871255904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIRST CAPITAL</name>
        <lei>3003007W6RHRZJVRZ944</lei>
        <title>First Capital Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000027G0"/>
          <ticker value="002797"/>
          <other otherDesc="SEDOL" value="BD2YFQ1"/>
        </identifiers>
        <balance>21300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33425.54000000</valUSD>
        <pctVal>0.093859331797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHONGSHAN PUBLIC UTILITIES</name>
        <lei>3003002ENLIAIQFZX208</lei>
        <title>ZHONGSHAN PUBLIC UTILITIE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000006B7"/>
          <ticker value="000685"/>
          <other otherDesc="SEDOL" value="BD5CH99"/>
        </identifiers>
        <balance>15700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19916.35000000</valUSD>
        <pctVal>0.055925358359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOCHEM INTERNATIONAL CORP</name>
        <lei>3003008GJL4F1TTACV55</lei>
        <title>SINOCHEM INTERNATIONAL CORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000011R3"/>
          <ticker value="600500"/>
          <other otherDesc="SEDOL" value="6203104"/>
        </identifiers>
        <balance>44030.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>35800.93000000</valUSD>
        <pctVal>0.100529456443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEXING ELECTRICAL CO LTD</name>
        <lei>N/A</lei>
        <title>HEXING ELECTRICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GS0"/>
          <ticker value="603556"/>
          <other otherDesc="SEDOL" value="BD6DFR5"/>
        </identifiers>
        <balance>90.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>200.36000000</valUSD>
        <pctVal>0.000562613370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGXI LIUGONG MACHINERY CO LTD</name>
        <lei>N/A</lei>
        <title>GUANGXI LIUGONG MACHINERY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DB8"/>
          <ticker value="000528"/>
          <other otherDesc="SEDOL" value="6389316"/>
        </identifiers>
        <balance>24720.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26270.62000000</valUSD>
        <pctVal>0.073768227502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHENGZHOU COAL MINING MAC</name>
        <lei>300300PYAQHLZLU5N973</lei>
        <title>ZHENGZHOU COAL MINING MAC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000S58"/>
          <ticker value="601717"/>
          <other otherDesc="SEDOL" value="BP3RCS4"/>
        </identifiers>
        <balance>23200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29024.13000000</valUSD>
        <pctVal>0.081500117808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EASTERN SHENGHONG</name>
        <lei>3003003WRWKC1GZHMH20</lei>
        <title>Jiangsu Eastern Shenghong Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000012K6"/>
          <ticker value="000301"/>
          <other otherDesc="SEDOL" value="6246336"/>
        </identifiers>
        <balance>13600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11772.92000000</valUSD>
        <pctVal>0.033058505696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Proya Cosmetics Co Ltd</name>
        <lei>N/A</lei>
        <title>Proya Cosmetics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002TP9"/>
          <ticker value="603605"/>
          <other otherDesc="SEDOL" value="BYZKX81"/>
        </identifiers>
        <balance>500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13108.19000000</valUSD>
        <pctVal>0.036807960454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINJIANG TIANSHAN CEMENT CO LTD</name>
        <lei>300300BZBK1Y5ZT2LF14</lei>
        <title>XINJIANG TIANSHAN CEMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XV4"/>
          <ticker value="000877"/>
          <other otherDesc="SEDOL" value="6132695"/>
        </identifiers>
        <balance>15300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>50476.62000000</valUSD>
        <pctVal>0.141738976382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI WAIGAOQIAO FREE TRADE ZONE GROUP CO LTD</name>
        <lei>300300WILI2S0MCID293</lei>
        <title>SHANGHAI WAIGAOQIAO FREE TRADE ZONE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000438"/>
          <ticker value="600648"/>
          <other otherDesc="SEDOL" value="6806611"/>
        </identifiers>
        <balance>9300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21273.67000000</valUSD>
        <pctVal>0.059736729790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DALIAN PORT PDA CO LTD</name>
        <lei>529900N68F8UROUIBV86</lei>
        <title>DALIAN PORT PDA CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000X77"/>
          <ticker value="601880"/>
          <other otherDesc="SEDOL" value="B68JHQ5"/>
        </identifiers>
        <balance>75020.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22121.72000000</valUSD>
        <pctVal>0.062118064731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGZHOU HAIGE COMMUNICAT</name>
        <lei>300300DDUUICKXUNQI85</lei>
        <title>GUANGZHOU HAIGE COMMUNICA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000T24"/>
          <ticker value="002465"/>
          <other otherDesc="SEDOL" value="BD5CM72"/>
        </identifiers>
        <balance>42000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>81053.38000000</valUSD>
        <pctVal>0.227598898529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI ZHANGJIANG HIGH-TECH PARK DEVELOPMENT CO LTD</name>
        <lei>300300QF9LB9KZ188A33</lei>
        <title>SHANGHAI ZHANGJIANG HIGH-TECH PARK DEVELOPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000JX9"/>
          <ticker value="600895"/>
          <other otherDesc="SEDOL" value="6801791"/>
        </identifiers>
        <balance>33700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>108671.59000000</valUSD>
        <pctVal>0.305151175502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRG BANKING EQUIPMENT CO LTD</name>
        <lei>N/A</lei>
        <title>GRG BANKING EQUIPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000650"/>
          <ticker value="002152"/>
          <other otherDesc="SEDOL" value="B23GZT2"/>
        </identifiers>
        <balance>26000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>53098.40000000</valUSD>
        <pctVal>0.149100967210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FangDa S.Steel</name>
        <lei>300300YXNMOW3T5MYO39</lei>
        <title>Fangda Special Steel Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001G04"/>
          <ticker value="600507"/>
          <other otherDesc="SEDOL" value="6694065"/>
        </identifiers>
        <balance>20109.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16644.24000000</valUSD>
        <pctVal>0.046737232807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WUHU TOKEN SCIENCE CO LTD</name>
        <lei>N/A</lei>
        <title>WUHU TOKEN SCIENCE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QP9"/>
          <ticker value="300088"/>
          <other otherDesc="SEDOL" value="BD5CBT7"/>
        </identifiers>
        <balance>61700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>106191.41000000</valUSD>
        <pctVal>0.298186799234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORIENTAL ENERGY CO LTD</name>
        <lei>3003001HS55ZYR50IW66</lei>
        <title>ORIENTAL ENERGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009S3"/>
          <ticker value="002221"/>
          <other otherDesc="SEDOL" value="BD5CH88"/>
        </identifiers>
        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4144.49000000</valUSD>
        <pctVal>0.011637779435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIAN DIAGNOSTICS GROUP CO LTD</name>
        <lei>3003006MMJLCVIIKTA82</lei>
        <title>DIAN DIAGNOSTICS GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000015N1"/>
          <ticker value="300244"/>
          <other otherDesc="SEDOL" value="B6STPD8"/>
        </identifiers>
        <balance>9840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>61565.54000000</valUSD>
        <pctVal>0.172876801576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CECEP WIND-POWER CORP</name>
        <lei>N/A</lei>
        <title>CECEP WIND-POWER CORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001T15"/>
          <ticker value="601016"/>
          <other otherDesc="SEDOL" value="BQ4FGX7"/>
        </identifiers>
        <balance>42500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17619.67000000</valUSD>
        <pctVal>0.049476252371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Shougang Co Ltd</name>
        <lei>300300YR8OUFTTXKZB24</lei>
        <title>Beijing Shougang Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001196"/>
          <ticker value="000959"/>
          <other otherDesc="SEDOL" value="BD5M2J4"/>
        </identifiers>
        <balance>50600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>38927.05000000</valUSD>
        <pctVal>0.109307640261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAIJI COMPUTER CORP LTD</name>
        <lei>N/A</lei>
        <title>TAIJI COMPUTER CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000M47"/>
          <ticker value="002368"/>
          <other otherDesc="SEDOL" value="BD5CJL5"/>
        </identifiers>
        <balance>7279.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32313.09000000</valUSD>
        <pctVal>0.090735558370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YOUZU INTERACTIVE CO LTD</name>
        <lei>300300DK3F0JTT5AWK11</lei>
        <title>YOUZU INTERACTIVE CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000007K4"/>
          <ticker value="002174"/>
          <other otherDesc="SEDOL" value="B24DSB5"/>
        </identifiers>
        <balance>17300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>52150.27000000</valUSD>
        <pctVal>0.146438606385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>huahaipharm</name>
        <lei>300300A5ITVN4JK5AS34</lei>
        <title>Zhejiang Huahai Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DL5"/>
          <ticker value="600521"/>
          <other otherDesc="SEDOL" value="6591058"/>
        </identifiers>
        <balance>16230.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>103938.53000000</valUSD>
        <pctVal>0.291860684191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chow Tai Seng Jewellery Co Ltd</name>
        <lei>N/A</lei>
        <title>Chow Tai Seng Jewellery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002QJ8"/>
          <ticker value="002867"/>
          <other otherDesc="SEDOL" value="BD0MS35"/>
        </identifiers>
        <balance>300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>1141.26000000</valUSD>
        <pctVal>0.003204672265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DR.PENG</name>
        <lei>N/A</lei>
        <title>Dr Peng Telecom &amp; Media Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FW9"/>
          <ticker value="600804"/>
          <other otherDesc="SEDOL" value="6201498"/>
        </identifiers>
        <balance>62300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>86852.40000000</valUSD>
        <pctVal>0.243882618771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI JINJIANG INTERNATIONAL HOTELS DEVELOPMENT CO LTD</name>
        <lei>300300KOJEHP8FQX5092</lei>
        <title>SHANGHAI JINJIANG INTERNATIONAL HOTELS DEVELOPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MK0"/>
          <ticker value="600754"/>
          <other otherDesc="SEDOL" value="6817044"/>
        </identifiers>
        <balance>4700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28541.82000000</valUSD>
        <pctVal>0.080145785333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SJEP</name>
        <lei>300300EUF3KU2VACX387</lei>
        <title>Beijing Sanju Environmental Protection and New Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000NP6"/>
          <ticker value="300072"/>
          <other otherDesc="SEDOL" value="BD5CK23"/>
        </identifiers>
        <balance>49000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45707.49000000</valUSD>
        <pctVal>0.128347200062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaxi Securities Co Ltd</name>
        <lei>300300D66HSOBZQCV606</lei>
        <title>Huaxi Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000033J2"/>
          <ticker value="002926"/>
          <other otherDesc="SEDOL" value="BHQPRV7"/>
        </identifiers>
        <balance>35200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>65772.30000000</valUSD>
        <pctVal>0.184689435946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG HI-SPEED CO LTD</name>
        <lei>300300B9G799APH8HE50</lei>
        <title>SHANDONG HI-SPEED CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019Y2"/>
          <ticker value="600350"/>
          <other otherDesc="SEDOL" value="BP3R745"/>
        </identifiers>
        <balance>12200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11415.85000000</valUSD>
        <pctVal>0.032055848698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VENUSTECH GROUP INC</name>
        <lei>N/A</lei>
        <title>VENUSTECH GROUP INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QJ2"/>
          <ticker value="002439"/>
          <other otherDesc="SEDOL" value="B5VPN09"/>
        </identifiers>
        <balance>17500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>97433.69000000</valUSD>
        <pctVal>0.273595012616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIVZON PHARMACEUTICAL GROUP INC</name>
        <lei>529900Y4GWTVVTORJ443</lei>
        <title>LIVZON PHARMACEUTICAL GROUP INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000002Y8"/>
          <ticker value="000513"/>
          <other otherDesc="SEDOL" value="BD5CQ25"/>
        </identifiers>
        <balance>5228.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>40830.04000000</valUSD>
        <pctVal>0.114651259835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LPHT</name>
        <lei>3003002GTO6M29V23F59</lei>
        <title>Yuan Longping High-tech Agriculture Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001360"/>
          <ticker value="000998"/>
          <other otherDesc="SEDOL" value="6254339"/>
        </identifiers>
        <balance>16600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>49264.70000000</valUSD>
        <pctVal>0.138335889957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASYMCHEM</name>
        <lei>N/A</lei>
        <title>Asymchem Laboratories Tianjin Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BZ6"/>
          <ticker value="002821"/>
          <other otherDesc="SEDOL" value="BD6V5C4"/>
        </identifiers>
        <balance>5904.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>236149.66000000</valUSD>
        <pctVal>0.663111180609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SICHUAN LANGUANG DEVELOPMENT CO LTD</name>
        <lei>N/A</lei>
        <title>SICHUAN LANGUANG DEVELOPMENT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017B4"/>
          <ticker value="600466"/>
          <other otherDesc="SEDOL" value="6321039"/>
        </identifiers>
        <balance>38700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31071.63000000</valUSD>
        <pctVal>0.087249523258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOLWO PHARMA</name>
        <lei>3003000DMXTOIP2M8505</lei>
        <title>Zhejiang Wolwo Bio-Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001R58"/>
          <ticker value="300357"/>
          <other otherDesc="SEDOL" value="BFY8GY0"/>
        </identifiers>
        <balance>11000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>95960.76000000</valUSD>
        <pctVal>0.269459006867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toly Bread Co Ltd</name>
        <lei>N/A</lei>
        <title>Toly Bread Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002524"/>
          <ticker value="603866"/>
          <other otherDesc="SEDOL" value="BYYFJT0"/>
        </identifiers>
        <balance>6915.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>63716.16000000</valUSD>
        <pctVal>0.178915769268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANSTEEL MINGUANG CO LTD</name>
        <lei>N/A</lei>
        <title>SANSTEEL MINGUANG CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001QF9"/>
          <ticker value="002110"/>
          <other otherDesc="SEDOL" value="BD6QV87"/>
        </identifiers>
        <balance>49250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>49966.79000000</valUSD>
        <pctVal>0.140307367404</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI XINHUA MEDIA CO LTD</name>
        <lei>N/A</lei>
        <title>ANHUI XINHUA MEDIA CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000KB2"/>
          <ticker value="601801"/>
          <other otherDesc="SEDOL" value="BP3R8N1"/>
        </identifiers>
        <balance>5800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5181.67000000</valUSD>
        <pctVal>0.014550193767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTERN MINING CO LTD</name>
        <lei>300300QBV4A9N1NDK519</lei>
        <title>WESTERN MINING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000619"/>
          <ticker value="601168"/>
          <other otherDesc="SEDOL" value="BP3R7X4"/>
        </identifiers>
        <balance>22200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25990.69000000</valUSD>
        <pctVal>0.072982180583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Colibri Technologies</name>
        <lei>N/A</lei>
        <title>Shenzhen Colibri Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003LR0"/>
          <ticker value="002957"/>
          <other otherDesc="SEDOL" value="BK8QSD8"/>
        </identifiers>
        <balance>1800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7055.17000000</valUSD>
        <pctVal>0.019811005055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN AIRPORT CO LTD</name>
        <lei>3003009W045RIKRBZI44</lei>
        <title>SHENZHEN AIRPORT CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VK1"/>
          <ticker value="000089"/>
          <other otherDesc="SEDOL" value="BD5CDP7"/>
        </identifiers>
        <balance>20800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27964.91000000</valUSD>
        <pctVal>0.078525814882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI SHIMAO CO LTD</name>
        <lei>300300XKEUCZP5IPO874</lei>
        <title>SHANGHAI SHIMAO CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000CH7"/>
          <ticker value="600823"/>
          <other otherDesc="SEDOL" value="6770459"/>
        </identifiers>
        <balance>22200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21324.03000000</valUSD>
        <pctVal>0.059878141296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNLORD</name>
        <lei>N/A</lei>
        <title>Shenzhen Sunlord Electronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000000M5"/>
          <ticker value="002138"/>
          <other otherDesc="SEDOL" value="BD5C841"/>
        </identifiers>
        <balance>22400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>78249.42000000</valUSD>
        <pctVal>0.219725343996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG HUALU HENGSHENG</name>
        <lei>N/A</lei>
        <title>SHANDONG HUALU HENGSHENG-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BM7"/>
          <ticker value="600426"/>
          <other otherDesc="SEDOL" value="BP3RDC5"/>
        </identifiers>
        <balance>21348.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>83767.75000000</valUSD>
        <pctVal>0.235220883229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Double Medical Technology Inc</name>
        <lei>N/A</lei>
        <title>Double Medical Technology Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000032W7"/>
          <ticker value="002901"/>
          <other otherDesc="SEDOL" value="BYX93X5"/>
        </identifiers>
        <balance>400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5853.76000000</valUSD>
        <pctVal>0.016437430841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DBN</name>
        <lei>300300QCKQAYV9F44G81</lei>
        <title>Beijing Dabeinong Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000N61"/>
          <ticker value="002385"/>
          <other otherDesc="SEDOL" value="BD5CMP0"/>
        </identifiers>
        <balance>97162.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>161267.67000000</valUSD>
        <pctVal>0.452841621909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hainan HNA Infrastructure</name>
        <lei>N/A</lei>
        <title>HNA Infrastructure Investment Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001C32"/>
          <ticker value="600515"/>
          <other otherDesc="SEDOL" value="6541202"/>
        </identifiers>
        <balance>68000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>74250.76000000</valUSD>
        <pctVal>0.208497057013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HARBIN PHARMACEUTICAL GRP</name>
        <lei>300300G0L086UJ23MI26</lei>
        <title>HARBIN PHARMACEUTICAL GRP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000009T3"/>
          <ticker value="600664"/>
          <other otherDesc="SEDOL" value="BP3R864"/>
        </identifiers>
        <balance>13200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>6686.42000000</valUSD>
        <pctVal>0.018775550471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEZHAN HEALTH CA CO LTD</name>
        <lei>300300DKEYCFIFJ9TS95</lei>
        <title>DEZHAN HEALTH CA CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VV8"/>
          <ticker value="000813"/>
          <other otherDesc="SEDOL" value="6111519"/>
        </identifiers>
        <balance>39000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34728.41000000</valUSD>
        <pctVal>0.097517806952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI JIANGHUAI AUTOMOBILE GROUP CORP LTD</name>
        <lei>300300KQABCMFKN2E931</lei>
        <title>ANHUI JIANGHUAI AUTOMOBILE GROUP CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000018M9"/>
          <ticker value="600418"/>
          <other otherDesc="SEDOL" value="BP3R1R6"/>
        </identifiers>
        <balance>27800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>35915.22000000</valUSD>
        <pctVal>0.100850384184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SICHUAN CHANGHONG ELECTRIC</name>
        <lei>300300WM1QVA4ET9HJ12</lei>
        <title>SICHUAN CHANGHONG ELECTRI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GJ4"/>
          <ticker value="600839"/>
          <other otherDesc="SEDOL" value="6818207"/>
        </identifiers>
        <balance>160600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>74083.76000000</valUSD>
        <pctVal>0.208028118937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN AISIDI CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN AISIDI CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000PN6"/>
          <ticker value="002416"/>
          <other otherDesc="SEDOL" value="B3YSLL8"/>
        </identifiers>
        <balance>10360.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14957.07000000</valUSD>
        <pctVal>0.041999638475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREATTOWN HOLDINGS LTD</name>
        <lei>N/A</lei>
        <title>GREATTOWN HOLDINGS LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S76"/>
          <ticker value="600094"/>
          <other otherDesc="SEDOL" value="BP3RBZ4"/>
        </identifiers>
        <balance>17800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15200.79000000</valUSD>
        <pctVal>0.042684007265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hunan Valin Steel Co Ltd</name>
        <lei>3003007J7HWD6GTNJ656</lei>
        <title>Hunan Valin Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001006"/>
          <ticker value="000932"/>
          <other otherDesc="SEDOL" value="6165163"/>
        </identifiers>
        <balance>31960.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22720.93000000</valUSD>
        <pctVal>0.063800653860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHONGQING GAS GROUP CORP LTD</name>
        <lei>N/A</lei>
        <title>CHONGQING GAS GROUP CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001V03"/>
          <ticker value="600917"/>
          <other otherDesc="SEDOL" value="BZ0D1R7"/>
        </identifiers>
        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4549.29000000</valUSD>
        <pctVal>0.012774462867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hunan Valin Steel Co Ltd</name>
        <lei>3003007J7HWD6GTNJ656</lei>
        <title>Hunan Valin Steel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001006"/>
          <ticker value="000932"/>
          <other otherDesc="SEDOL" value="BD5M0H8"/>
        </identifiers>
        <balance>47960.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34095.62000000</valUSD>
        <pctVal>0.095740924767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA BAOAN GROUP</name>
        <lei>300300SWCZND4GQFVP61</lei>
        <title>CHINA BAOAN GROUP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000222"/>
          <ticker value="000009"/>
          <other otherDesc="SEDOL" value="BD5CKD4"/>
        </identifiers>
        <balance>59920.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>66915.03000000</valUSD>
        <pctVal>0.187898235990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA COAL ENERGY CO</name>
        <lei>30030007BQQDXTYNQY69</lei>
        <title>GUANGZHOU YUEXIU FINANCIA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013M0"/>
          <ticker value="000987"/>
          <other otherDesc="SEDOL" value="6270089"/>
        </identifiers>
        <balance>22500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>68942.24000000</valUSD>
        <pctVal>0.193590666868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG GOLDEN DRAGON DE</name>
        <lei>N/A</lei>
        <title>GUANGDONG GOLDEN DRAGON D</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PJ5"/>
          <ticker value="000712"/>
          <other otherDesc="SEDOL" value="BD5CL53"/>
        </identifiers>
        <balance>7674.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16803.64000000</valUSD>
        <pctVal>0.047184829988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORIENTAL ENERGY CO LTD</name>
        <lei>3003001HS55ZYR50IW66</lei>
        <title>ORIENTAL ENERGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009S3"/>
          <ticker value="002221"/>
          <other otherDesc="SEDOL" value="B2PP3F9"/>
        </identifiers>
        <balance>47300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>67598.06000000</valUSD>
        <pctVal>0.189816192720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THUNDERSOFT</name>
        <lei>N/A</lei>
        <title>Thunder Software Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000021D0"/>
          <ticker value="300496"/>
          <other otherDesc="SEDOL" value="BD5CG03"/>
        </identifiers>
        <balance>10400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>139672.72000000</valUSD>
        <pctVal>0.392202733885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING SPECIALIZED</name>
        <lei>300300ESWZPFZ9EL5P93</lei>
        <title>COSCO SHIPPING SPECIALIZE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001B58"/>
          <ticker value="600428"/>
          <other otherDesc="SEDOL" value="BP3RGR1"/>
        </identifiers>
        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>945.80000000</valUSD>
        <pctVal>0.002655818156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG HUAFENG SPANDEX CO LTD</name>
        <lei>300300Z8ACP5RSQRBQ16</lei>
        <title>ZHEJIANG HUAFENG SPANDEX CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NK6"/>
          <ticker value="002064"/>
          <other otherDesc="SEDOL" value="B19HV27"/>
        </identifiers>
        <balance>24700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28196.43000000</valUSD>
        <pctVal>0.079175925920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAHOE GROUP CO LTD</name>
        <lei>300300QMK7Y2PORRJJ63</lei>
        <title>TAHOE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000005W5"/>
          <ticker value="000732"/>
          <other otherDesc="SEDOL" value="BD5CLF3"/>
        </identifiers>
        <balance>17100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12880.60000000</valUSD>
        <pctVal>0.036168884905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hubei Energy Group Co Ltd</name>
        <lei>300300X7OMGIUK3FRJ72</lei>
        <title>Hubei Energy Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000750"/>
          <ticker value="000883"/>
          <other otherDesc="SEDOL" value="BD5CN57"/>
        </identifiers>
        <balance>51900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29547.61000000</valUSD>
        <pctVal>0.082970056155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PCI-Suntek Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>PCI-Suntek Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000L99"/>
          <ticker value="600728"/>
          <other otherDesc="SEDOL" value="BFMXLH5"/>
        </identifiers>
        <balance>48700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>69954.31000000</valUSD>
        <pctVal>0.196432572008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHONGQING DIMA INDUSTRY CO LTD</name>
        <lei>300300JPRD5XGEUOMD13</lei>
        <title>CHONGQING DIMA INDUSTRY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001C08"/>
          <ticker value="600565"/>
          <other otherDesc="SEDOL" value="6538334"/>
        </identifiers>
        <balance>37700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17280.70000000</valUSD>
        <pctVal>0.048524420398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINJIANG URBAN CONSTRUCTIO</name>
        <lei>300300B6004MNQGWOI15</lei>
        <title>XINJIANG URBAN CONSTRUCTI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001GB9"/>
          <ticker value="600545"/>
          <other otherDesc="SEDOL" value="BP3RDM5"/>
        </identifiers>
        <balance>34800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25247.95000000</valUSD>
        <pctVal>0.070896557430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FULING ZHACAI</name>
        <lei>N/A</lei>
        <title>Chongqing Fuling Zhacai Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WX1"/>
          <ticker value="002507"/>
          <other otherDesc="SEDOL" value="B5SZ8W9"/>
        </identifiers>
        <balance>300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>2240.05000000</valUSD>
        <pctVal>0.006290088243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREATTOWN HOLDINGS LTD</name>
        <lei>N/A</lei>
        <title>GREATTOWN HOLDINGS LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S76"/>
          <ticker value="600094"/>
          <other otherDesc="SEDOL" value="6012560"/>
        </identifiers>
        <balance>51464.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>43949.08000000</valUSD>
        <pctVal>0.123409562925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING YANJING BREWERY CO</name>
        <lei>N/A</lei>
        <title>BEIJING YANJING BREWERY CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S84"/>
          <ticker value="000729"/>
          <other otherDesc="SEDOL" value="BD5CKK1"/>
        </identifiers>
        <balance>25900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30246.85000000</valUSD>
        <pctVal>0.084933530766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangzhou Port Co Ltd</name>
        <lei>300300XMSGI4JYG7OI67</lei>
        <title>Guangzhou Port Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RF4"/>
          <ticker value="601228"/>
          <other otherDesc="SEDOL" value="BD9GH08"/>
        </identifiers>
        <balance>80800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39749.50000000</valUSD>
        <pctVal>0.111617090084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTHEAST SECURITIES CO LT</name>
        <lei>300300E1002922000054</lei>
        <title>NORTHEAST SECURITIES CO L</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000004H9"/>
          <ticker value="000686"/>
          <other otherDesc="SEDOL" value="6504476"/>
        </identifiers>
        <balance>32600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>51015.58000000</valUSD>
        <pctVal>0.143252382761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ULTRAPOWER SOFTWARE CO LTD</name>
        <lei>3003009GAHTJ9CTNFB80</lei>
        <title>BEIJING ULTRAPOWER SOFTWARE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000H51"/>
          <ticker value="300002"/>
          <other otherDesc="SEDOL" value="B4MNT29"/>
        </identifiers>
        <balance>56300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>54160.69000000</valUSD>
        <pctVal>0.152083890734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUDONG JINQIAO</name>
        <lei>300300145JZKQZO13H90</lei>
        <title>Shanghai Jinqiao Export Processing Zone Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000404"/>
          <ticker value="600639"/>
          <other otherDesc="SEDOL" value="BP3RCF1"/>
        </identifiers>
        <balance>1300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>2694.77000000</valUSD>
        <pctVal>0.007566947655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI SMI HOLDING CO LTD</name>
        <lei>3003001MXDC5JH6OEU34</lei>
        <title>SHANGHAI SMI HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000005R5"/>
          <ticker value="600649"/>
          <other otherDesc="SEDOL" value="6817367"/>
        </identifiers>
        <balance>55000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>46647.59000000</valUSD>
        <pctVal>0.130987012547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLUEFOCUS COMMUNICATION GR</name>
        <lei>300300S2I2XIZT3E2Y55</lei>
        <title>BLUEFOCUS COMMUNICATION G</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000LV8"/>
          <ticker value="300058"/>
          <other otherDesc="SEDOL" value="B3N1WC6"/>
        </identifiers>
        <balance>32300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36212.14000000</valUSD>
        <pctVal>0.101684139235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Betta Pharmaceuticals Co Ltd</name>
        <lei>N/A</lei>
        <title>Betta Pharmaceuticals Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002DD9"/>
          <ticker value="300558"/>
          <other otherDesc="SEDOL" value="BD6QWL7"/>
        </identifiers>
        <balance>7000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>133699.25000000</valUSD>
        <pctVal>0.375429155875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG HEC TECHNOLOGY HOLDING CO LTD</name>
        <lei>N/A</lei>
        <title>GUANGDONG HEC TECHNOLOGY HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BL1"/>
          <ticker value="600673"/>
          <other otherDesc="SEDOL" value="6190079"/>
        </identifiers>
        <balance>36345.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>34380.33000000</valUSD>
        <pctVal>0.096540393985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU JIANGYIN RURAL COMMERCIAL BANK CO LTD</name>
        <lei>300300C1114732000048</lei>
        <title>JIANGSU JIANGYIN RURAL COMMERCIAL BANK CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BL6"/>
          <ticker value="002807"/>
          <other otherDesc="SEDOL" value="BYZ5QR6"/>
        </identifiers>
        <balance>41860.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26398.14000000</valUSD>
        <pctVal>0.074126305247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DA AN GENE CO LTD OF SUN YAT-SEN UNIVERSITY</name>
        <lei>30030092WPRQ87CXPM21</lei>
        <title>DA AN GENE CO LTD OF SUN YAT-SEN UNIVERSITY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001KP1"/>
          <ticker value="002030"/>
          <other otherDesc="SEDOL" value="BD5CKW3"/>
        </identifiers>
        <balance>8768.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>49149.85000000</valUSD>
        <pctVal>0.138013389730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOCERA MATERIAL</name>
        <lei>N/A</lei>
        <title>Shandong Sinocera Functional Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001FB0"/>
          <ticker value="300285"/>
          <other otherDesc="SEDOL" value="B57TR81"/>
        </identifiers>
        <balance>9800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>58783.12000000</valUSD>
        <pctVal>0.165063731631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Red Avenue New Materials Group</name>
        <lei>N/A</lei>
        <title>Red Avenue New Materials Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000036G1"/>
          <ticker value="603650"/>
          <other otherDesc="SEDOL" value="BF11MR7"/>
        </identifiers>
        <balance>2400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11565.04000000</valUSD>
        <pctVal>0.032474776072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENERGY COMPANY LIMITED</name>
        <lei>300300PA40YYCBW4WW70</lei>
        <title>SHENERGY COMPANY LIMITED</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000005Q7"/>
          <ticker value="600642"/>
          <other otherDesc="SEDOL" value="6817958"/>
        </identifiers>
        <balance>52700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44081.43000000</valUSD>
        <pctVal>0.123781203370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SALUBRIS</name>
        <lei>N/A</lei>
        <title>Shenzhen Salubris Pharmaceuticals Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000FW8"/>
          <ticker value="002294"/>
          <other otherDesc="SEDOL" value="BD5CM05"/>
        </identifiers>
        <balance>14500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>79820.59000000</valUSD>
        <pctVal>0.224137208886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THUNDERSOFT</name>
        <lei>N/A</lei>
        <title>Thunder Software Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000021D0"/>
          <ticker value="300496"/>
          <other otherDesc="SEDOL" value="BYW6TZ1"/>
        </identifiers>
        <balance>2500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33575.17000000</valUSD>
        <pctVal>0.094279494697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINGSHENG</name>
        <lei>N/A</lei>
        <title>Zhejiang Jingsheng Mechanical &amp; Electrical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001DJ8"/>
          <ticker value="300316"/>
          <other otherDesc="SEDOL" value="B84Y5F3"/>
        </identifiers>
        <balance>11900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45270.13000000</valUSD>
        <pctVal>0.127119087745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PACIFIC SECURITIES</name>
        <lei>3003000RM76TNJFFR402</lei>
        <title>Pacific Securities Co Ltd/The/China</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008V9"/>
          <ticker value="601099"/>
          <other otherDesc="SEDOL" value="B2NBQM7"/>
        </identifiers>
        <balance>59000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36604.24000000</valUSD>
        <pctVal>0.102785160909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUOSHENG FINANCIAL HOLDING INC</name>
        <lei>N/A</lei>
        <title>GUOSHENG FINANCIAL HOLDING INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001D21"/>
          <ticker value="002670"/>
          <other otherDesc="SEDOL" value="BD73MH3"/>
        </identifiers>
        <balance>32672.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>47980.43000000</valUSD>
        <pctVal>0.134729643834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINXING DUCTILE IRON PIPES CO LTD</name>
        <lei>300300A407JW1QWEPO04</lei>
        <title>XINXING DUCTILE IRON PIPES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000QG9"/>
          <ticker value="000778"/>
          <other otherDesc="SEDOL" value="6108793"/>
        </identifiers>
        <balance>50350.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28591.67000000</valUSD>
        <pctVal>0.080285764753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jihua Group Corp Ltd</name>
        <lei>300300HRRTL5RNFZG524</lei>
        <title>Jihua Group Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000SK6"/>
          <ticker value="601718"/>
          <other otherDesc="SEDOL" value="B4VDZ44"/>
        </identifiers>
        <balance>95500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>49211.71000000</valUSD>
        <pctVal>0.138187093379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUNNAN ALUMINIUM CO LTD</name>
        <lei>3003008AXWSVMLG3MX37</lei>
        <title>YUNNAN ALUMINIUM CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VG9"/>
          <ticker value="000807"/>
          <other otherDesc="SEDOL" value="BD5CB75"/>
        </identifiers>
        <balance>25400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22655.07000000</valUSD>
        <pctVal>0.063615718161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JILIN ZIXIN PHARMACEUTICAL</name>
        <lei>300300RKEF9C4SQO2H31</lei>
        <title>JILIN ZIXIN PHARMACEUTICA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001R43"/>
          <ticker value="002118"/>
          <other otherDesc="SEDOL" value="BD5LWW4"/>
        </identifiers>
        <balance>300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>187.87000000</valUSD>
        <pctVal>0.000527541295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LUENMEI QUANTUM CO LTD</name>
        <lei>N/A</lei>
        <title>LUENMEI QUANTUM CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Y94"/>
          <ticker value="600167"/>
          <other otherDesc="SEDOL" value="6140308"/>
        </identifiers>
        <balance>8040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15891.51000000</valUSD>
        <pctVal>0.044623557610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHALIECO</name>
        <lei>52990058EMBE0I47CI71</lei>
        <title>China Aluminum International Engineering Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000036M9"/>
          <ticker value="601068"/>
          <other otherDesc="SEDOL" value="BFX38P1"/>
        </identifiers>
        <balance>13400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8411.31000000</valUSD>
        <pctVal>0.023619063032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNING UNIVERSAL CO LTD</name>
        <lei>N/A</lei>
        <title>SUNING UNIVERSAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000007N0"/>
          <ticker value="000718"/>
          <other otherDesc="SEDOL" value="6486228"/>
        </identifiers>
        <balance>36600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18272.48000000</valUSD>
        <pctVal>0.051309350966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVIC HEAVY MACHINERY CO LTD</name>
        <lei>300300NMHVXHD94A7O09</lei>
        <title>AVIC HEAVY MACHINERY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000N22"/>
          <ticker value="600765"/>
          <other otherDesc="SEDOL" value="6397609"/>
        </identifiers>
        <balance>14300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27847.25000000</valUSD>
        <pctVal>0.078195424140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENGDIAN GROUP DMEGC MAGNETICS CO LTD</name>
        <lei>N/A</lei>
        <title>HENGDIAN GROUP DMEGC MAGNETICS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001N70"/>
          <ticker value="002056"/>
          <other otherDesc="SEDOL" value="BD5C8D0"/>
        </identifiers>
        <balance>15200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26005.28000000</valUSD>
        <pctVal>0.073023149484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Zijin Rural Commercial</name>
        <lei>300300C1158932000039</lei>
        <title>Jiangsu Zijin Rural Commercial Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003GZ3"/>
          <ticker value="601860"/>
          <other otherDesc="SEDOL" value="BK94853"/>
        </identifiers>
        <balance>63600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>40386.55000000</valUSD>
        <pctVal>0.113405934402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ming Yang Smart Energy Group L</name>
        <lei>300300W76R6UJHEZL847</lei>
        <title>Ming Yang Smart Energy Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003HQ0"/>
          <ticker value="601615"/>
          <other otherDesc="SEDOL" value="BJ1W0F2"/>
        </identifiers>
        <balance>12400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28600.21000000</valUSD>
        <pctVal>0.080309745179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI ZHONGDING SEALING P</name>
        <lei>N/A</lei>
        <title>ANHUI ZHONGDING SEALING P</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XP6"/>
          <ticker value="000887"/>
          <other otherDesc="SEDOL" value="BD5CL31"/>
        </identifiers>
        <balance>14300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22941.62000000</valUSD>
        <pctVal>0.064420354123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEALAND SECURITIES CO LTD</name>
        <lei>N/A</lei>
        <title>SEALAND SECURITIES CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008K4"/>
          <ticker value="000750"/>
          <other otherDesc="SEDOL" value="BD5CMY9"/>
        </identifiers>
        <balance>85180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>69384.46000000</valUSD>
        <pctVal>0.194832426125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUCHANG PHARMA</name>
        <lei>N/A</lei>
        <title>Shandong Buchang Pharmaceuticals Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FV6"/>
          <ticker value="603858"/>
          <other otherDesc="SEDOL" value="BZHJNL6"/>
        </identifiers>
        <balance>4700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19046.17000000</valUSD>
        <pctVal>0.053481882103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA BAOAN GROUP</name>
        <lei>300300SWCZND4GQFVP61</lei>
        <title>CHINA BAOAN GROUP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000222"/>
          <ticker value="000009"/>
          <other otherDesc="SEDOL" value="6803098"/>
        </identifiers>
        <balance>52660.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>58807.50000000</valUSD>
        <pctVal>0.165132190974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHONGQING DIMA INDUSTRY CO LTD</name>
        <lei>300300JPRD5XGEUOMD13</lei>
        <title>CHONGQING DIMA INDUSTRY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001C08"/>
          <ticker value="600565"/>
          <other otherDesc="SEDOL" value="BP3RDT2"/>
        </identifiers>
        <balance>25800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11826.05000000</valUSD>
        <pctVal>0.033207695397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VISUAL CHINA GROUP CO LTD</name>
        <lei>300300BB25UN4FGN7811</lei>
        <title>VISUAL CHINA GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BW8"/>
          <ticker value="000681"/>
          <other otherDesc="SEDOL" value="BD5CJS2"/>
        </identifiers>
        <balance>9400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23986.10000000</valUSD>
        <pctVal>0.067353266946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oceanwide Holdings Co Ltd</name>
        <lei>300300SKXXC439QCQ965</lei>
        <title>Oceanwide Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000123"/>
          <ticker value="000046"/>
          <other otherDesc="SEDOL" value="6781365"/>
        </identifiers>
        <balance>13600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8179.50000000</valUSD>
        <pctVal>0.022968137670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING GEHUA CATV NETWORK</name>
        <lei>N/A</lei>
        <title>BEIJING GEHUA CATV NETWOR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016Y8"/>
          <ticker value="600037"/>
          <other otherDesc="SEDOL" value="6317328"/>
        </identifiers>
        <balance>42400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>86281.77000000</valUSD>
        <pctVal>0.242280282638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGZHOU YUEXIU FINANCIA</name>
        <lei>30030007BQQDXTYNQY69</lei>
        <title>GUANGZHOU YUEXIU FINANCIA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013M0"/>
          <ticker value="000987"/>
          <other otherDesc="SEDOL" value="BD5C8L8"/>
        </identifiers>
        <balance>1485.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4550.19000000</valUSD>
        <pctVal>0.012776990078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yifeng Pharmacy Chain Co Ltd</name>
        <lei>300300CZZIF44N1EZO06</lei>
        <title>Yifeng Pharmacy Chain Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001TS5"/>
          <ticker value="603939"/>
          <other otherDesc="SEDOL" value="BVV6QQ1"/>
        </identifiers>
        <balance>5080.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>74750.59000000</valUSD>
        <pctVal>0.209900585866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Shagang Co Ltd</name>
        <lei>N/A</lei>
        <title>Jiangsu Shagang Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P11"/>
          <ticker value="002075"/>
          <other otherDesc="SEDOL" value="BD5CN35"/>
        </identifiers>
        <balance>73500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>127680.54000000</valUSD>
        <pctVal>0.358528543383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RAINBOW</name>
        <lei>N/A</lei>
        <title>Rainbow Digital Commercial Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000PS5"/>
          <ticker value="002419"/>
          <other otherDesc="SEDOL" value="BD5M056"/>
        </identifiers>
        <balance>16100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26040.90000000</valUSD>
        <pctVal>0.073123170887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RAINBOW</name>
        <lei>N/A</lei>
        <title>Rainbow Digital Commercial Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000PS5"/>
          <ticker value="002419"/>
          <other otherDesc="SEDOL" value="B4KDJQ5"/>
        </identifiers>
        <balance>4800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7763.75000000</valUSD>
        <pctVal>0.021800706503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOYOUNG CO LTD</name>
        <lei>3003009IDE4C1JWM1R13</lei>
        <title>JOYOUNG CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000BQ9"/>
          <ticker value="002242"/>
          <other otherDesc="SEDOL" value="BD5CCS3"/>
        </identifiers>
        <balance>4300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27682.00000000</valUSD>
        <pctVal>0.077731400086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DBN</name>
        <lei>300300QCKQAYV9F44G81</lei>
        <title>Beijing Dabeinong Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000N61"/>
          <ticker value="002385"/>
          <other otherDesc="SEDOL" value="B4XRMZ4"/>
        </identifiers>
        <balance>31100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>51619.20000000</valUSD>
        <pctVal>0.144947355224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIANJIN ZHONG XIN PHARM</name>
        <lei>300300KHA32RYXJS8249</lei>
        <title>TIANJIN ZHONG XIN PHARM C</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001808"/>
          <ticker value="600329"/>
          <other otherDesc="SEDOL" value="6218733"/>
        </identifiers>
        <balance>10262.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27129.44000000</valUSD>
        <pctVal>0.076179804737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNING UNIVERSAL CO LTD</name>
        <lei>N/A</lei>
        <title>SUNING UNIVERSAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000007N0"/>
          <ticker value="000718"/>
          <other otherDesc="SEDOL" value="BD5CLP3"/>
        </identifiers>
        <balance>29400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14677.90000000</valUSD>
        <pctVal>0.041215725645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STAR-NET</name>
        <lei>300300AHD0EEIKM4UV29</lei>
        <title>Fujian Star-net Communication Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QF0"/>
          <ticker value="002396"/>
          <other otherDesc="SEDOL" value="B510L77"/>
        </identifiers>
        <balance>3600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15481.95000000</valUSD>
        <pctVal>0.043473508039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUMANWELL HEALTHCARE GROUP CO LTD</name>
        <lei>300300CT1GETYDVFFG34</lei>
        <title>HUMANWELL HEALTHCARE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000QW6"/>
          <ticker value="600079"/>
          <other otherDesc="SEDOL" value="6000190"/>
        </identifiers>
        <balance>36700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>200421.44000000</valUSD>
        <pctVal>0.562785894749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Transfar Zhilian Co Ltd</name>
        <lei>N/A</lei>
        <title>Transfar Zhilian Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JS7"/>
          <ticker value="002010"/>
          <other otherDesc="SEDOL" value="BD5CKP6"/>
        </identifiers>
        <balance>45300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39941.61000000</valUSD>
        <pctVal>0.112156537352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DASHENLIN PHARMACEUTICAL GROUP</name>
        <lei>300300TO4U1GUOTTHK82</lei>
        <title>DaShenLin Pharmaceutical Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RG2"/>
          <ticker value="603233"/>
          <other otherDesc="SEDOL" value="BFB4S78"/>
        </identifiers>
        <balance>3316.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>41237.62000000</valUSD>
        <pctVal>0.115795749541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ningbo Joyson Electronic Corp</name>
        <lei>300300XPY07RUN7V4863</lei>
        <title>Ningbo Joyson Electronic Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DJ1"/>
          <ticker value="600699"/>
          <other otherDesc="SEDOL" value="BYQDM82"/>
        </identifiers>
        <balance>18660.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>62542.31000000</valUSD>
        <pctVal>0.175619583878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deppon Logistics Co Ltd</name>
        <lei>N/A</lei>
        <title>Deppon Logistics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002SZ0"/>
          <ticker value="603056"/>
          <other otherDesc="SEDOL" value="BF2DZ73"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>30333.27000000</valUSD>
        <pctVal>0.085176199201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA WEST CONSTRUCTION GR</name>
        <lei>300300S441Z5T2P9E331</lei>
        <title>CHINA WEST CONSTRUCTION GR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000H77"/>
          <ticker value="002302"/>
          <other otherDesc="SEDOL" value="BD5LXV0"/>
        </identifiers>
        <balance>14800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24003.04000000</valUSD>
        <pctVal>0.067400834676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Capital Co Ltd</name>
        <lei>30030025XAP88XOR8484</lei>
        <title>Beijing Capital Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001295"/>
          <ticker value="600008"/>
          <other otherDesc="SEDOL" value="6377098"/>
        </identifiers>
        <balance>44800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22366.32000000</valUSD>
        <pctVal>0.062804904572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA NONFERROUS METAL INDUSTRY</name>
        <lei>N/A</lei>
        <title>CHINA NONFERROUS METAL INDUSTRY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PK3"/>
          <ticker value="000758"/>
          <other otherDesc="SEDOL" value="BD5CFL7"/>
        </identifiers>
        <balance>33400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24427.25000000</valUSD>
        <pctVal>0.068592021629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KINGFA SCI.&amp; TECH CO LTD</name>
        <lei>300300SN8W1XSX4OLL19</lei>
        <title>KINGFA SCI.&amp; TECH CO LTD-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JP3"/>
          <ticker value="600143"/>
          <other otherDesc="SEDOL" value="B01KBB6"/>
        </identifiers>
        <balance>78700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>199900.73000000</valUSD>
        <pctVal>0.561323734596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GCI SCIENCE &amp; TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>GCI SCIENCE &amp; TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000ZS4"/>
          <ticker value="002544"/>
          <other otherDesc="SEDOL" value="B3S2SF9"/>
        </identifiers>
        <balance>7800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18070.16000000</valUSD>
        <pctVal>0.050741233891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XJ ELECTRIC CO LTD</name>
        <lei>3003000OT9G77QBDC838</lei>
        <title>XJ ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000007F6"/>
          <ticker value="000400"/>
          <other otherDesc="SEDOL" value="BD5CJB5"/>
        </identifiers>
        <balance>12100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27766.96000000</valUSD>
        <pctVal>0.077969968822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA CYTS TOURS HOLDING CO LTD</name>
        <lei>N/A</lei>
        <title>CHINA CYTS TOURS HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000V14"/>
          <ticker value="600138"/>
          <other otherDesc="SEDOL" value="6088055"/>
        </identifiers>
        <balance>13600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24538.49000000</valUSD>
        <pctVal>0.068904384932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OPPLE LIGHTING CO LTD</name>
        <lei>N/A</lei>
        <title>OPPLE LIGHTING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FW4"/>
          <ticker value="603515"/>
          <other otherDesc="SEDOL" value="BYW5N56"/>
        </identifiers>
        <balance>6360.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27110.05000000</valUSD>
        <pctVal>0.076125357376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SGIS Songshan Co Ltd</name>
        <lei>N/A</lei>
        <title>SGIS Songshan Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PW8"/>
          <ticker value="000717"/>
          <other otherDesc="SEDOL" value="6801757"/>
        </identifiers>
        <balance>3100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>1982.10000000</valUSD>
        <pctVal>0.005565761437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHENGZHI CO LTD</name>
        <lei>N/A</lei>
        <title>CHENGZHI CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013G2"/>
          <ticker value="000990"/>
          <other otherDesc="SEDOL" value="BD5LT56"/>
        </identifiers>
        <balance>10200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22781.48000000</valUSD>
        <pctVal>0.063970679012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI FLYCO ELECTRICAL APPLIANCE CO LTD</name>
        <lei>N/A</lei>
        <title>SHANGHAI FLYCO ELECTRICAL APPLIANCE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002771"/>
          <ticker value="603868"/>
          <other otherDesc="SEDOL" value="BYXRPW2"/>
        </identifiers>
        <balance>1100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>9183.39000000</valUSD>
        <pctVal>0.025787073269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOCHEM INTERNATIONAL CORP</name>
        <lei>3003008GJL4F1TTACV55</lei>
        <title>SINOCHEM INTERNATIONAL CORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000011R3"/>
          <ticker value="600500"/>
          <other otherDesc="SEDOL" value="BP3R7D4"/>
        </identifiers>
        <balance>16030.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13034.04000000</valUSD>
        <pctVal>0.036599746332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CECEP WIND-POWER CORP</name>
        <lei>N/A</lei>
        <title>CECEP WIND-POWER CORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001T15"/>
          <ticker value="601016"/>
          <other otherDesc="SEDOL" value="BZ0D1V1"/>
        </identifiers>
        <balance>29800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12354.50000000</valUSD>
        <pctVal>0.034691589565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI ENVIRONMENT GROU</name>
        <lei>300300Y27OCWV2DKYN50</lei>
        <title>SHANGHAI ENVIRONMENT GROU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FJ1"/>
          <ticker value="601200"/>
          <other otherDesc="SEDOL" value="BF2X0W3"/>
        </identifiers>
        <balance>6930.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12999.50000000</valUSD>
        <pctVal>0.036502757583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLD MANTIS</name>
        <lei>N/A</lei>
        <title>Suzhou Gold Mantis Construction Decoration Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P86"/>
          <ticker value="002081"/>
          <other otherDesc="SEDOL" value="B1GGYB7"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17950.60000000</valUSD>
        <pctVal>0.050405507925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRIGHT DAIRY &amp; FOOD CO LTD</name>
        <lei>N/A</lei>
        <title>BRIGHT DAIRY &amp; FOOD CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001C99"/>
          <ticker value="600597"/>
          <other otherDesc="SEDOL" value="6543822"/>
        </identifiers>
        <balance>18800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>59745.70000000</valUSD>
        <pctVal>0.167766668236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YHL</name>
        <lei>300300ZPI2AW55HP7I19</lei>
        <title>Beijing E-Hualu Information Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000012M0"/>
          <ticker value="300212"/>
          <other otherDesc="SEDOL" value="B4L7QL0"/>
        </identifiers>
        <balance>3480.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19847.83000000</valUSD>
        <pctVal>0.055732953347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tianma Microelectronics Co Ltd</name>
        <lei>300300KWFVVYL0LL8S83</lei>
        <title>Tianma Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HT1"/>
          <ticker value="000050"/>
          <other otherDesc="SEDOL" value="6823740"/>
        </identifiers>
        <balance>8800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21106.23000000</valUSD>
        <pctVal>0.059266556189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAANSHAN IRON &amp; STEEL CO LTD</name>
        <lei>529900A75J4LKKIUAJ17</lei>
        <title>MAANSHAN IRON &amp; STEEL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DD4"/>
          <ticker value="600808"/>
          <other otherDesc="SEDOL" value="BP3R9K5"/>
        </identifiers>
        <balance>42200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17310.48000000</valUSD>
        <pctVal>0.048608043008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GYFZ</name>
        <lei>3003003Q7265DHFXJU95</lei>
        <title>Tianjin Guangyu Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000271"/>
          <ticker value="000537"/>
          <other otherDesc="SEDOL" value="BFY8G73"/>
        </identifiers>
        <balance>24100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27546.68000000</valUSD>
        <pctVal>0.077351419843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAURER INTELLIGENT TECHNOLOGY CO LTD</name>
        <lei>300300B6004MNQGWOI15</lei>
        <title>SAURER INTELLIGENT TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001GB9"/>
          <ticker value="600545"/>
          <other otherDesc="SEDOL" value="6714758"/>
        </identifiers>
        <balance>14600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10592.53000000</valUSD>
        <pctVal>0.029743955904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG YASHA DECORATION CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG YASHA DECORATION CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000M70"/>
          <ticker value="002375"/>
          <other otherDesc="SEDOL" value="B642H79"/>
        </identifiers>
        <balance>17400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>35789.09000000</valUSD>
        <pctVal>0.100496209576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN TECHAND ECOLOGY-</name>
        <lei>300300QDUCT0NEZP0079</lei>
        <title>SHENZHEN TECHAND ECOLOGY-</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000011N0"/>
          <ticker value="300197"/>
          <other otherDesc="SEDOL" value="B63J2H6"/>
        </identifiers>
        <balance>18650.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8494.23000000</valUSD>
        <pctVal>0.023851903422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Baosight</name>
        <lei>N/A</lei>
        <title>Shanghai Baosight Software Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000C66"/>
          <ticker value="600845"/>
          <other otherDesc="SEDOL" value="6802824"/>
        </identifiers>
        <balance>2800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28415.69000000</valUSD>
        <pctVal>0.079791610725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVIC REAL ESTATE</name>
        <lei>N/A</lei>
        <title>China Merchants Property Operation &amp; Service Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000H95"/>
          <ticker value="001914"/>
          <other otherDesc="SEDOL" value="6781202"/>
        </identifiers>
        <balance>3800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17307.27000000</valUSD>
        <pctVal>0.048599029288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIANJIN CAPITAL ENVIRONMENTAL PROTECTION GROUP CO LTD</name>
        <lei>3003009YJV28EHH12813</lei>
        <title>TIANJIN CAPITAL ENVIRONMENTAL PROTECTION GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HX3"/>
          <ticker value="600874"/>
          <other otherDesc="SEDOL" value="BP3RB87"/>
        </identifiers>
        <balance>9700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10393.41000000</valUSD>
        <pctVal>0.029184824469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHENGDU FUSEN NOBLE-HOUSE</name>
        <lei>300300OVAYV11HTDG014</lei>
        <title>CHENGDU FUSEN NOBLE-HOUSE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BW3"/>
          <ticker value="002818"/>
          <other otherDesc="SEDOL" value="BD6V5B3"/>
        </identifiers>
        <balance>6510.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15338.22000000</valUSD>
        <pctVal>0.043069912413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN SUNTAK CIRCIOT TE</name>
        <lei>N/A</lei>
        <title>SHENZHEN SUNTAK CIRCIOT T</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002H18"/>
          <ticker value="002815"/>
          <other otherDesc="SEDOL" value="BD3NFH8"/>
        </identifiers>
        <balance>2200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>6140.46000000</valUSD>
        <pctVal>0.017242488005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEFAR GROUP CO LTD</name>
        <lei>300300LU3R7VY15LIQ24</lei>
        <title>BEFAR GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000L97"/>
          <ticker value="601678"/>
          <other otherDesc="SEDOL" value="BP3RGZ9"/>
        </identifiers>
        <balance>24317.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18032.84000000</valUSD>
        <pctVal>0.050636438867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JUMPCAN PHARMACEUTICAL CO., LT</name>
        <lei>N/A</lei>
        <title>Hubei Jumpcan Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000018X6"/>
          <ticker value="600566"/>
          <other otherDesc="SEDOL" value="BS7K3N2"/>
        </identifiers>
        <balance>11400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>40272.69000000</valUSD>
        <pctVal>0.113086214107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHENGZHOU COAL MINING MACHINERY GROUP CO LTD</name>
        <lei>300300PYAQHLZLU5N973</lei>
        <title>ZHENGZHOU COAL MINING MACHINERY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000S58"/>
          <ticker value="601717"/>
          <other otherDesc="SEDOL" value="B3ZVNX2"/>
        </identifiers>
        <balance>22100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27647.99000000</valUSD>
        <pctVal>0.077635899583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuchan Zhongda Group Co Ltd</name>
        <lei>300300PA9D9DEGG5M059</lei>
        <title>Wuchan Zhongda Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000KF4"/>
          <ticker value="600704"/>
          <other otherDesc="SEDOL" value="6993289"/>
        </identifiers>
        <balance>22100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15775.81000000</valUSD>
        <pctVal>0.044298670572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NINGBO HUAXIANG ELECTRONIC</name>
        <lei>N/A</lei>
        <title>NINGBO HUAXIANG ELECTRONI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001M06"/>
          <ticker value="002048"/>
          <other otherDesc="SEDOL" value="BD5C7P5"/>
        </identifiers>
        <balance>11200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>29216.82000000</valUSD>
        <pctVal>0.082041193723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHENGDU XINGRONG ENVIRONME</name>
        <lei>300300XM3A0CVZ914Y75</lei>
        <title>CHENGDU XINGRONG ENVIRONM</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HN4"/>
          <ticker value="000598"/>
          <other otherDesc="SEDOL" value="BD5CJV5"/>
        </identifiers>
        <balance>19300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14875.84000000</valUSD>
        <pctVal>0.041771543626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Juewei Food Co Ltd</name>
        <lei>N/A</lei>
        <title>Juewei Food Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RT5"/>
          <ticker value="603517"/>
          <other otherDesc="SEDOL" value="BDZ71S1"/>
        </identifiers>
        <balance>4300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>59130.26000000</valUSD>
        <pctVal>0.166038505066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangzhou Kingmed Diagnostics</name>
        <lei>N/A</lei>
        <title>Guangzhou Kingmed Diagnostics Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002VW1"/>
          <ticker value="603882"/>
          <other otherDesc="SEDOL" value="BFYX689"/>
        </identifiers>
        <balance>7100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>111605.04000000</valUSD>
        <pctVal>0.313388339565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG LINGLONG TYRE CO LTD</name>
        <lei>N/A</lei>
        <title>SHANDONG LINGLONG TYRE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GM3"/>
          <ticker value="601966"/>
          <other otherDesc="SEDOL" value="BYQ83C8"/>
        </identifiers>
        <balance>13300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>46421.76000000</valUSD>
        <pctVal>0.130352879100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUIZHOU BROADCASTING &amp; TV INFO</name>
        <lei>N/A</lei>
        <title>Guizhou Broadcasting &amp; TV Information Network Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GP6"/>
          <ticker value="600996"/>
          <other otherDesc="SEDOL" value="BZ015F7"/>
        </identifiers>
        <balance>3700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>4207.55000000</valUSD>
        <pctVal>0.011814852699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN KAIFA TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN KAIFA TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FK4"/>
          <ticker value="000021"/>
          <other otherDesc="SEDOL" value="6802534"/>
        </identifiers>
        <balance>16700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>62043.27000000</valUSD>
        <pctVal>0.174218273355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORIENT GROUP INC</name>
        <lei>N/A</lei>
        <title>ORIENT GROUP INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FX7"/>
          <ticker value="600811"/>
          <other otherDesc="SEDOL" value="BP3R9N8"/>
        </identifiers>
        <balance>46100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32234.94000000</valUSD>
        <pctVal>0.090516112198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AN HUI WENERGY CO LTD</name>
        <lei>300300HYQLVPCWYFV397</lei>
        <title>AN HUI WENERGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DF9"/>
          <ticker value="000543"/>
          <other otherDesc="SEDOL" value="BD5CD57"/>
        </identifiers>
        <balance>13670.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8500.97000000</valUSD>
        <pctVal>0.023870829426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACCELINK TECHNOLOGIES CO</name>
        <lei>N/A</lei>
        <title>ACCELINK TECHNOLOGIES CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000F87"/>
          <ticker value="002281"/>
          <other otherDesc="SEDOL" value="B43J9J3"/>
        </identifiers>
        <balance>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>43119.28000000</valUSD>
        <pctVal>0.121079474210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN HEPALINK PHARMACE</name>
        <lei>N/A</lei>
        <title>SHENZHEN HEPALINK PHARMAC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000P02"/>
          <ticker value="002399"/>
          <other otherDesc="SEDOL" value="B612NJ6"/>
        </identifiers>
        <balance>8700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31051.92000000</valUSD>
        <pctVal>0.087194177333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JLAD</name>
        <lei>N/A</lei>
        <title>Jilin Aodong Pharmaceutical Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000719"/>
          <ticker value="000623"/>
          <other otherDesc="SEDOL" value="6086297"/>
        </identifiers>
        <balance>40500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>102634.92000000</valUSD>
        <pctVal>0.288200131107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOINTO ENERGY INVESTMENT CO LTD HEBEI</name>
        <lei>300300N4XGNLOAQZDX67</lei>
        <title>JOINTO ENERGY INVESTMENT CO LTD HEBEI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FT5"/>
          <ticker value="000600"/>
          <other otherDesc="SEDOL" value="BD5CHH7"/>
        </identifiers>
        <balance>12700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10122.48000000</valUSD>
        <pctVal>0.028424049661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG HUACE FILM &amp; TV CO LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG HUACE FILM &amp; TV CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000VX3"/>
          <ticker value="300133"/>
          <other otherDesc="SEDOL" value="B4JWBN4"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14210.18000000</valUSD>
        <pctVal>0.039902362071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Baosight</name>
        <lei>N/A</lei>
        <title>Shanghai Baosight Software Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000C66"/>
          <ticker value="600845"/>
          <other otherDesc="SEDOL" value="BP3RCN9"/>
        </identifiers>
        <balance>8450.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>85754.49000000</valUSD>
        <pctVal>0.240799673844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ORIENT NATIONAL</name>
        <lei>300300NIFA1100059317</lei>
        <title>BEIJING ORIENT NATIONAL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000ZB0"/>
          <ticker value="300166"/>
          <other otherDesc="SEDOL" value="B64H1F0"/>
        </identifiers>
        <balance>17719.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36729.75000000</valUSD>
        <pctVal>0.103137594549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG TAPAI GROUP CO</name>
        <lei>N/A</lei>
        <title>GUANGDONG TAPAI GROUP CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000BC9"/>
          <ticker value="002233"/>
          <other otherDesc="SEDOL" value="BD5LZG9"/>
        </identifiers>
        <balance>30400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>69983.50000000</valUSD>
        <pctVal>0.196514537891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MINMETALS DEVELOPMENT CO</name>
        <lei>N/A</lei>
        <title>MINMETALS DEVELOPMENT CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Q78"/>
          <ticker value="600058"/>
          <other otherDesc="SEDOL" value="6002817"/>
        </identifiers>
        <balance>18600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19006.47000000</valUSD>
        <pctVal>0.053370404009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Juewei Food Co Ltd</name>
        <lei>N/A</lei>
        <title>Juewei Food Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RT5"/>
          <ticker value="603517"/>
          <other otherDesc="SEDOL" value="BFF1YN3"/>
        </identifiers>
        <balance>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>123761.00000000</valUSD>
        <pctVal>0.347522426343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HARBIN PHARMACEUTICAL GRP</name>
        <lei>300300G0L086UJ23MI26</lei>
        <title>HARBIN PHARMACEUTICAL GRP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000009T3"/>
          <ticker value="600664"/>
          <other otherDesc="SEDOL" value="6409883"/>
        </identifiers>
        <balance>52220.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>26451.89000000</valUSD>
        <pctVal>0.074277235915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN TELLUS HOLDING CO LTD</name>
        <lei>N/A</lei>
        <title>SHENZHEN TELLUS HOLDING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008N8"/>
          <ticker value="000025"/>
          <other otherDesc="SEDOL" value="BD6QTM7"/>
        </identifiers>
        <balance>4720.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15172.24000000</valUSD>
        <pctVal>0.042603838510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHONGQING DEPARTMENT STORE CO LTD</name>
        <lei>N/A</lei>
        <title>CHONGQING DEPARTMENT STORE CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LF2"/>
          <ticker value="600729"/>
          <other otherDesc="SEDOL" value="6209533"/>
        </identifiers>
        <balance>4900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>23898.08000000</valUSD>
        <pctVal>0.067106105692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA NATIONAL ACCORD MEDICINES CORP LTD</name>
        <lei>N/A</lei>
        <title>CHINA NATIONAL ACCORD MEDICINES CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000009N6"/>
          <ticker value="000028"/>
          <other otherDesc="SEDOL" value="BD5CHT9"/>
        </identifiers>
        <balance>2773.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21956.34000000</valUSD>
        <pctVal>0.061653675636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI HUAYI GROUP CORP LTD</name>
        <lei>N/A</lei>
        <title>SHANGHAI HUAYI GROUP CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000006G6"/>
          <ticker value="600623"/>
          <other otherDesc="SEDOL" value="6799841"/>
        </identifiers>
        <balance>12600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10318.67000000</valUSD>
        <pctVal>0.028974953620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIBET SUMMIT RESOURCES CO</name>
        <lei>N/A</lei>
        <title>TIBET SUMMIT RESOURCES CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016D2"/>
          <ticker value="600338"/>
          <other otherDesc="SEDOL" value="BFB4HB5"/>
        </identifiers>
        <balance>12760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19372.00000000</valUSD>
        <pctVal>0.054396816793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XCIC</name>
        <lei>N/A</lei>
        <title>Shandong Xinchao Energy Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000NJ0"/>
          <ticker value="600777"/>
          <other otherDesc="SEDOL" value="BS7K3P4"/>
        </identifiers>
        <balance>150700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>40038.25000000</valUSD>
        <pctVal>0.112427903673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAINAN MINING CO LTD</name>
        <lei>300300ZEUVNI6I60NL89</lei>
        <title>HAINAN MINING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001VS1"/>
          <ticker value="601969"/>
          <other otherDesc="SEDOL" value="BSNHK70"/>
        </identifiers>
        <balance>17000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15311.74000000</valUSD>
        <pctVal>0.042995556244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA SOUTH PUBLISHING</name>
        <lei>N/A</lei>
        <title>CHINA SOUTH PUBLISHING</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000W03"/>
          <ticker value="601098"/>
          <other otherDesc="SEDOL" value="BP3R507"/>
        </identifiers>
        <balance>10600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17330.63000000</valUSD>
        <pctVal>0.048664624458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaxi Securities Co Ltd</name>
        <lei>300300D66HSOBZQCV606</lei>
        <title>Huaxi Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000033J2"/>
          <ticker value="002926"/>
          <other otherDesc="SEDOL" value="BDGL0T6"/>
        </identifiers>
        <balance>21900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>40920.84000000</valUSD>
        <pctVal>0.114906227364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiamen Intretech Inc</name>
        <lei>N/A</lei>
        <title>Xiamen Intretech Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000033H6"/>
          <ticker value="002925"/>
          <other otherDesc="SEDOL" value="BDC41P2"/>
        </identifiers>
        <balance>5600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>48149.72000000</valUSD>
        <pctVal>0.135205012258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUJIAN NEWLAND COMPUTER CO LTD</name>
        <lei>300300ZUFD0Z67DVAK44</lei>
        <title>FUJIAN NEWLAND COMPUTER CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014B1"/>
          <ticker value="000997"/>
          <other otherDesc="SEDOL" value="BD5CJ15"/>
        </identifiers>
        <balance>17400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44018.80000000</valUSD>
        <pctVal>0.123605337551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGXI LIUGONG MACHINERY CO LTD</name>
        <lei>N/A</lei>
        <title>GUANGXI LIUGONG MACHINERY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DB8"/>
          <ticker value="000528"/>
          <other otherDesc="SEDOL" value="BD5C904"/>
        </identifiers>
        <balance>20210.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21477.72000000</valUSD>
        <pctVal>0.060309704727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINOMATECH</name>
        <lei>300300XZFDR8F1T64T13</lei>
        <title>Sinoma Science &amp; Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P78"/>
          <ticker value="002080"/>
          <other otherDesc="SEDOL" value="B1FCHQ2"/>
        </identifiers>
        <balance>5900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17165.23000000</valUSD>
        <pctVal>0.048200179203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHENGZHI CO LTD</name>
        <lei>N/A</lei>
        <title>CHENGZHI CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013G2"/>
          <ticker value="000990"/>
          <other otherDesc="SEDOL" value="6267467"/>
        </identifiers>
        <balance>6109.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13644.32000000</valUSD>
        <pctVal>0.038313420158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIJIAZHUANG YILING PHARMACEUTICAL CO LTD</name>
        <lei>300300MXXUF4JUKD5G32</lei>
        <title>SHIJIAZHUANG YILING PHARMACEUTICAL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000015S0"/>
          <ticker value="002603"/>
          <other otherDesc="SEDOL" value="B5W0FZ2"/>
        </identifiers>
        <balance>11600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>48396.13000000</valUSD>
        <pctVal>0.135896934601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiamen Tungsten Co Ltd</name>
        <lei>300300SEC2FOC4PL5N49</lei>
        <title>Xiamen Tungsten Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001D15"/>
          <ticker value="600549"/>
          <other otherDesc="SEDOL" value="BP3R6F9"/>
        </identifiers>
        <balance>35220.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>75578.30000000</valUSD>
        <pctVal>0.212224805834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASYMCHEM</name>
        <lei>N/A</lei>
        <title>Asymchem Laboratories Tianjin Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BZ6"/>
          <ticker value="002821"/>
          <other otherDesc="SEDOL" value="BZHJN94"/>
        </identifiers>
        <balance>200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>7999.65000000</valUSD>
        <pctVal>0.022463116635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANJING IRON &amp; STEEL CO LTD</name>
        <lei>3003008359D7IKHZ7Q78</lei>
        <title>NANJING IRON &amp; STEEL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014Q9"/>
          <ticker value="600282"/>
          <other otherDesc="SEDOL" value="6286934"/>
        </identifiers>
        <balance>94600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>44190.77000000</valUSD>
        <pctVal>0.124088231449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shandong Pharmaceutical Glass Co Ltd</name>
        <lei>N/A</lei>
        <title>Shandong Pharmaceutical Glass Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BG9"/>
          <ticker value="600529"/>
          <other otherDesc="SEDOL" value="6530318"/>
        </identifiers>
        <balance>20800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>153639.99000000</valUSD>
        <pctVal>0.431423001658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HISENSE ELECTRIC CO LTD</name>
        <lei>N/A</lei>
        <title>HISENSE ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PF3"/>
          <ticker value="600060"/>
          <other otherDesc="SEDOL" value="6718857"/>
        </identifiers>
        <balance>27100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>58232.78000000</valUSD>
        <pctVal>0.163518370070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEBEI CHENGDE LOLO CO</name>
        <lei>N/A</lei>
        <title>HEBEI CHENGDE LOLO CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000TG3"/>
          <ticker value="000848"/>
          <other otherDesc="SEDOL" value="BD5C9D7"/>
        </identifiers>
        <balance>11730.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>14537.71000000</valUSD>
        <pctVal>0.040822070383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Financial Leasing Co L</name>
        <lei>300300D3002932000087</lei>
        <title>Jiangsu Financial Leasing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002SX5"/>
          <ticker value="600901"/>
          <other otherDesc="SEDOL" value="BHWLWW5"/>
        </identifiers>
        <balance>38700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>33839.83000000</valUSD>
        <pctVal>0.095022663267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wanxiang Qianchao Co Ltd</name>
        <lei>300300WMILSKZLS04K91</lei>
        <title>Wanxiang Qianchao Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FB3"/>
          <ticker value="000559"/>
          <other otherDesc="SEDOL" value="6932323"/>
        </identifiers>
        <balance>25400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>21097.76000000</valUSD>
        <pctVal>0.059242772324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING KUNL TEC C LTD</name>
        <lei>300300AMV45UQEH2Z513</lei>
        <title>BEIJING KUNL TEC C LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001YF2"/>
          <ticker value="300418"/>
          <other otherDesc="SEDOL" value="BV86QY2"/>
        </identifiers>
        <balance>19600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>79684.10000000</valUSD>
        <pctVal>0.223753943269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GCI SCIENCE &amp; TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>GCI SCIENCE &amp; TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000ZS4"/>
          <ticker value="002544"/>
          <other otherDesc="SEDOL" value="BD5CFC8"/>
        </identifiers>
        <balance>7200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>16680.15000000</valUSD>
        <pctVal>0.046838068533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EASTERN SHENGHONG</name>
        <lei>3003003WRWKC1GZHMH20</lei>
        <title>Jiangsu Eastern Shenghong Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000012K6"/>
          <ticker value="000301"/>
          <other otherDesc="SEDOL" value="BD5LSB5"/>
        </identifiers>
        <balance>28700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>24844.31000000</valUSD>
        <pctVal>0.069763131293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HIMILE</name>
        <lei>N/A</lei>
        <title>Shandong Himile Mechanical Science &amp; Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000014X3"/>
          <ticker value="002595"/>
          <other otherDesc="SEDOL" value="B4L76Q5"/>
        </identifiers>
        <balance>3500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12834.47000000</valUSD>
        <pctVal>0.036039351291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TANGSHAN SANYOU CHEMICAL I</name>
        <lei>30030042SD0270S8WB53</lei>
        <title>TANGSHAN SANYOU CHEMICAL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001F39"/>
          <ticker value="600409"/>
          <other otherDesc="SEDOL" value="6623694"/>
        </identifiers>
        <balance>30300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27379.38000000</valUSD>
        <pctVal>0.076881639364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Hailiang Co Ltd</name>
        <lei>30030052QMKYS7EZTH25</lei>
        <title>Zhejiang Hailiang Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008X5"/>
          <ticker value="002203"/>
          <other otherDesc="SEDOL" value="B2N6LQ1"/>
        </identifiers>
        <balance>8500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10807.56000000</valUSD>
        <pctVal>0.030347762817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tasly</name>
        <lei>300300JB9F71F58FIC88</lei>
        <title>Tasly Pharmaceutical Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001C81"/>
          <ticker value="600535"/>
          <other otherDesc="SEDOL" value="BP3R3K3"/>
        </identifiers>
        <balance>31600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>83217.38000000</valUSD>
        <pctVal>0.233675437428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING JETSEN TECHNOLOGY CO LTD</name>
        <lei>300300PZ0BHFCRQWAW43</lei>
        <title>BEIJING JETSEN TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000010B7"/>
          <ticker value="300182"/>
          <other otherDesc="SEDOL" value="B604M18"/>
        </identifiers>
        <balance>60700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>50950.32000000</valUSD>
        <pctVal>0.143069131870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NANJING IRON &amp; STEEL CO LTD</name>
        <lei>3003008359D7IKHZ7Q78</lei>
        <title>NANJING IRON &amp; STEEL CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014Q9"/>
          <ticker value="600282"/>
          <other otherDesc="SEDOL" value="BYQDM37"/>
        </identifiers>
        <balance>39600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18498.46000000</valUSD>
        <pctVal>0.051943905615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVIC AVIATION HIGH-TECHNOLOGY CO LTD</name>
        <lei>N/A</lei>
        <title>AVIC AVIATION HIGH-TECHNOLOGY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GZ0"/>
          <ticker value="600862"/>
          <other otherDesc="SEDOL" value="6628439"/>
        </identifiers>
        <balance>24200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>86409.65000000</valUSD>
        <pctVal>0.242639371268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Thunisoft Corp Ltd</name>
        <lei>300300ARLN2H6DSZJ004</lei>
        <title>Beijing Thunisoft Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001QM5"/>
          <ticker value="300271"/>
          <other otherDesc="SEDOL" value="B4QLB56"/>
        </identifiers>
        <balance>5900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>22703.24000000</valUSD>
        <pctVal>0.063750980120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SICHUAN HEBANG BIOTECHNOL- A</name>
        <lei>30030072W72E4N589G74</lei>
        <title>SICHUAN HEBANG BIOTECHNOL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001JM9"/>
          <ticker value="603077"/>
          <other otherDesc="SEDOL" value="B7JMDD9"/>
        </identifiers>
        <balance>139260.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>28460.65000000</valUSD>
        <pctVal>0.079917858964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHONGQING SOKON INDUSTRY GROUP CO LTD</name>
        <lei>3003002LTJSDNVNIPU58</lei>
        <title>CHONGQING SOKON INDUSTRY GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000028B9"/>
          <ticker value="601127"/>
          <other otherDesc="SEDOL" value="BZ8VFD7"/>
        </identifiers>
        <balance>10800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13873.84000000</valUSD>
        <pctVal>0.038957915171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOU YU TE GROUP CO LTD</name>
        <lei>N/A</lei>
        <title>SOU YU TE GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WR3"/>
          <ticker value="002503"/>
          <other otherDesc="SEDOL" value="B52T1Y0"/>
        </identifiers>
        <balance>29324.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>11429.44000000</valUSD>
        <pctVal>0.032094009587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Qingdao Co Ltd</name>
        <lei>254900EBL1SU6XXME180</lei>
        <title>Bank of Qingdao Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003K38"/>
          <ticker value="002948"/>
          <other otherDesc="SEDOL" value="BGWCJ64"/>
        </identifiers>
        <balance>7200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5465.45000000</valUSD>
        <pctVal>0.015347051535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OURPALM CO LTD</name>
        <lei>N/A</lei>
        <title>OURPALM CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001DH2"/>
          <ticker value="300315"/>
          <other otherDesc="SEDOL" value="BD5CMR2"/>
        </identifiers>
        <balance>44700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>57813.82000000</valUSD>
        <pctVal>0.162341925183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI SHIMAO CO LTD</name>
        <lei>300300XKEUCZP5IPO874</lei>
        <title>SHANGHAI SHIMAO CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000CH7"/>
          <ticker value="600823"/>
          <other otherDesc="SEDOL" value="BP3R8Y2"/>
        </identifiers>
        <balance>26700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>25646.47000000</valUSD>
        <pctVal>0.072015606544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNAN GOLD CORP LTD</name>
        <lei>3003001KTZAZUA4L3K12</lei>
        <title>HUNAN GOLD CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000006B5"/>
          <ticker value="002155"/>
          <other otherDesc="SEDOL" value="B23K4Y2"/>
        </identifiers>
        <balance>26400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>36727.15000000</valUSD>
        <pctVal>0.103130293716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING DAHAO TECHNOLOGY CORP LTD</name>
        <lei>N/A</lei>
        <title>BEIJING DAHAO TECHNOLOGY CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023H7"/>
          <ticker value="603025"/>
          <other otherDesc="SEDOL" value="BYZW4F1"/>
        </identifiers>
        <balance>5686.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>8350.17000000</valUSD>
        <pctVal>0.023447381152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HISENSE ELECTRIC CO LTD</name>
        <lei>N/A</lei>
        <title>HISENSE ELECTRIC CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PF3"/>
          <ticker value="600060"/>
          <other otherDesc="SEDOL" value="BP3R7F6"/>
        </identifiers>
        <balance>7000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>15041.68000000</valUSD>
        <pctVal>0.042237224407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG ELLINGTON ELECTR</name>
        <lei>N/A</lei>
        <title>GUANGDONG ELLINGTON ELECT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001TC9"/>
          <ticker value="603328"/>
          <other otherDesc="SEDOL" value="BTFRHY1"/>
        </identifiers>
        <balance>4400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>6275.35000000</valUSD>
        <pctVal>0.017621260802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hainan Poly Pharm Co Ltd</name>
        <lei>N/A</lei>
        <title>Hainan Poly Pharm Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002N10"/>
          <ticker value="300630"/>
          <other otherDesc="SEDOL" value="BHQPSN6"/>
        </identifiers>
        <balance>7660.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>54076.11000000</valUSD>
        <pctVal>0.151846389043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA ANIMAL HUSBANDRY INDUSTRY CO LTD</name>
        <lei>30030011SQ7PHK0PTN15</lei>
        <title>CHINA ANIMAL HUSBANDRY INDUSTRY CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Y03"/>
          <ticker value="600195"/>
          <other otherDesc="SEDOL" value="6135207"/>
        </identifiers>
        <balance>26457.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>76316.41000000</valUSD>
        <pctVal>0.214297427889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaibei Mining Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Huaibei Mining Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001HH4"/>
          <ticker value="600985"/>
          <other otherDesc="SEDOL" value="BS7K376"/>
        </identifiers>
        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>10346.26000000</valUSD>
        <pctVal>0.029052426683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG WEIMING ENVIRONMENT PROTECTION CO LTD</name>
        <lei>300300MI4URDDZP5ZT02</lei>
        <title>ZHEJIANG WEIMING ENVIRONMENT PROTECTION CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023N5"/>
          <ticker value="603568"/>
          <other otherDesc="SEDOL" value="BXN62D2"/>
        </identifiers>
        <balance>5047.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>18426.27000000</valUSD>
        <pctVal>0.051741195197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADAMA Ltd</name>
        <lei>3003004UVU956Y9LQD20</lei>
        <title>ADAMA Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000004V0"/>
          <ticker value="000553"/>
          <other otherDesc="SEDOL" value="6434250"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>5412.90000000</valUSD>
        <pctVal>0.015199490482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING LANXUM TECHNOLOGY</name>
        <lei>N/A</lei>
        <title>BEIJING LANXUM TECHNOLOGY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GX4"/>
          <ticker value="300010"/>
          <other otherDesc="SEDOL" value="B4N52D6"/>
        </identifiers>
        <balance>15800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>45022.26000000</valUSD>
        <pctVal>0.126423065704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU CHANGSHU RURAL CO</name>
        <lei>300300C1115432000063</lei>
        <title>JIANGSU CHANGSHU RURAL CO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RJ6"/>
          <ticker value="601128"/>
          <other otherDesc="SEDOL" value="BFF1Z18"/>
        </identifiers>
        <balance>76055.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>94592.73000000</valUSD>
        <pctVal>0.265617561623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Enterprise Co Ltd</name>
        <lei>300300WE2BSMMTGELK61</lei>
        <title>China Enterprise Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000B42"/>
          <ticker value="600675"/>
          <other otherDesc="SEDOL" value="BP3R9R2"/>
        </identifiers>
        <balance>63500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>39210.69000000</valUSD>
        <pctVal>0.110104104907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI BELLING CO LTD</name>
        <lei>N/A</lei>
        <title>SHANGHAI BELLING CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XB6"/>
          <ticker value="600171"/>
          <other otherDesc="SEDOL" value="6126944"/>
        </identifiers>
        <balance>10600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>27373.11000000</valUSD>
        <pctVal>0.076864033126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen MTC Co Ltd</name>
        <lei>3003008ZONBTG6638Y63</lei>
        <title>Shenzhen MTC Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000Q50"/>
          <ticker value="002429"/>
          <other otherDesc="SEDOL" value="B511TV0"/>
        </identifiers>
        <balance>15800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>17090.93000000</valUSD>
        <pctVal>0.047991543879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG BAOLIHUA NEW</name>
        <lei>300300QL36W5MNOA1E19</lei>
        <title>GUANGDONG BAOLIHUA NEW</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000P12"/>
          <ticker value="000690"/>
          <other otherDesc="SEDOL" value="BD5CDL3"/>
        </identifiers>
        <balance>31800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>32494.93000000</valUSD>
        <pctVal>0.091246167350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUBEI XINGFA CHEMICALS GROUP CO LTD</name>
        <lei>300300VDBHR35WWCOK67</lei>
        <title>HUBEI XINGFA CHEMICALS GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000ZC9"/>
          <ticker value="600141"/>
          <other otherDesc="SEDOL" value="BP3RHC3"/>
        </identifiers>
        <balance>18420.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>31218.52000000</valUSD>
        <pctVal>0.087661992204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MLS CO LTD</name>
        <lei>N/A</lei>
        <title>MLS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001X19"/>
          <ticker value="002745"/>
          <other otherDesc="SEDOL" value="BVV7Z56"/>
        </identifiers>
        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>19178.14000000</valUSD>
        <pctVal>0.053852455503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WONDFO BIOTECH</name>
        <lei>3003000XGXAINFEXYE82</lei>
        <title>Guangzhou Wondfo Biotech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002102"/>
          <ticker value="300482"/>
          <other otherDesc="SEDOL" value="BFY8GZ1"/>
        </identifiers>
        <balance>7100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>102401.35000000</valUSD>
        <pctVal>0.287544263644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangshen Railway Co Ltd</name>
        <lei>529900YIR2NSEPF1UU41</lei>
        <title>Guangshen Railway Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001Q44"/>
          <ticker value="601333"/>
          <other otherDesc="SEDOL" value="B1L37D6"/>
        </identifiers>
        <balance>36700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>13018.55000000</valUSD>
        <pctVal>0.036556250219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROBOT</name>
        <lei>N/A</lei>
        <title>Siasun Robot &amp; Automation Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GH7"/>
          <ticker value="300024"/>
          <other otherDesc="SEDOL" value="BD5CNQ8"/>
        </identifiers>
        <balance>43400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>100290.79000000</valUSD>
        <pctVal>0.281617784929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUNNAN COPPER CO LTD</name>
        <lei>300300BFPGI267QXCG14</lei>
        <title>YUNNAN COPPER CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000W13"/>
          <ticker value="000878"/>
          <other otherDesc="SEDOL" value="BD5CJK4"/>
        </identifiers>
        <balance>21700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>47452.81000000</valUSD>
        <pctVal>0.133248080316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEFEI MEIYA OPTOELECTRONIC</name>
        <lei>N/A</lei>
        <title>HEFEI MEIYA OPTOELECTRONI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001JZ1"/>
          <ticker value="002690"/>
          <other otherDesc="SEDOL" value="B8DGGB3"/>
        </identifiers>
        <balance>6900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>58773.34000000</valUSD>
        <pctVal>0.165036269269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI BAILIAN GROUP CO LTD</name>
        <lei>30030007KUCG1HG2EP32</lei>
        <title>SHANGHAI BAILIAN GROUP CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000CB0"/>
          <ticker value="600827"/>
          <other otherDesc="SEDOL" value="6817088"/>
        </identifiers>
        <balance>35000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>80317.65000000</valUSD>
        <pctVal>0.225532959544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China-Singapore Suzhou Industr</name>
        <lei>N/A</lei>
        <title>China-Singapore Suzhou Industrial Park Development Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003Y65"/>
          <ticker value="601512"/>
          <other otherDesc="SEDOL" value="BL3B976"/>
        </identifiers>
        <balance>7200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12633.61000000</valUSD>
        <pctVal>0.035475333915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINGJIA MICRO</name>
        <lei>N/A</lei>
        <title>Changsha Jingjia Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002664"/>
          <ticker value="300474"/>
          <other otherDesc="SEDOL" value="BYNSFF8"/>
        </identifiers>
        <balance>1200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>12817.54000000</valUSD>
        <pctVal>0.035991811641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nanjing Hanrui Cobalt Co Ltd</name>
        <lei>N/A</lei>
        <title>Nanjing Hanrui Cobalt Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002PM4"/>
          <ticker value="300618"/>
          <other otherDesc="SEDOL" value="BFCCQZ5"/>
        </identifiers>
        <balance>5100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.85030000"/>
        <valUSD>54861.68000000</valUSD>
        <pctVal>0.154052279368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-10-23</ncom:dateSigned>
      <ncom:nameOfApplicant>DBX ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Diane Kenneally</ncom:signature>
      <ncom:signerName>Diane Kenneally</ncom:signerName>
      <ncom:title>Treasurer and Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
