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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ningbo Ronbay New Energy Techn</name>
        <lei>836800IZGSNBP6FLFG39</lei>
        <title>Ningbo Ronbay New Energy Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003MS6"/>
          <ticker value="688005"/>
          <other otherDesc="SEDOL" value="BKDZXD5"/>
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        <balance>1091.00000000</balance>
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        <valUSD>2772.43000000</valUSD>
        <pctVal>0.010317917466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BBMG Corp</name>
        <lei>529900T6R2GKVJ9Y2J16</lei>
        <title>BBMG Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000010M4"/>
          <ticker value="601992"/>
          <other otherDesc="SEDOL" value="BP3R5N0"/>
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        <balance>90900.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>19428.20000000</valUSD>
        <pctVal>0.072304283288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>1100.00000000</balance>
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        <valUSD>15771.86000000</valUSD>
        <pctVal>0.058696792982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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="6246853"/>
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        <balance>4300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>8736.90000000</valUSD>
        <pctVal>0.032515379328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Easyhome</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="BMVB4Y7"/>
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        <balance>17000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7502.81000000</valUSD>
        <pctVal>0.027922571298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>23339.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>74597.47000000</valUSD>
        <pctVal>0.277623073854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FiberHome</name>
        <lei>N/A</lei>
        <title>Fiberhome Telecommunication Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000018P2"/>
          <ticker value="600498"/>
          <other otherDesc="SEDOL" value="BP3R886"/>
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        <balance>20500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>57130.17000000</valUSD>
        <pctVal>0.212616505696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TAIJI GROUP</name>
        <lei>300300GBOR3PED0K5449</lei>
        <title>Chongqing Taiji Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000TQ2"/>
          <ticker value="600129"/>
          <other otherDesc="SEDOL" value="BMF7PZ9"/>
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        <balance>10500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>30937.64000000</valUSD>
        <pctVal>0.115137989460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KANGTAI BIOLOGICAL</name>
        <lei>300300DTC3W6PCLFRJ05</lei>
        <title>Shenzhen Kangtai Biological Products Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002Q33"/>
          <ticker value="300601"/>
          <other otherDesc="SEDOL" value="BDHTRS7"/>
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        <balance>1700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>3371.55000000</valUSD>
        <pctVal>0.012547611529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BRGF</name>
        <lei>N/A</lei>
        <title>Shanghai Bairun Investment Holding Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000011K6"/>
          <ticker value="002568"/>
          <other otherDesc="SEDOL" value="BD5CLV9"/>
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        <balance>15200.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>58983.25000000</valUSD>
        <pctVal>0.219512956283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NINGBO ORIENT WIRES &amp; CABLES</name>
        <lei>N/A</lei>
        <title>Ningbo Orient Wires &amp; Cables Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001T23"/>
          <ticker value="603606"/>
          <other otherDesc="SEDOL" value="BKM3FP6"/>
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        <balance>11200.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>74160.96000000</valUSD>
        <pctVal>0.275998551629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>23380.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>19371.66000000</valUSD>
        <pctVal>0.072093863168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>21954.00000000</balance>
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        <valUSD>31078.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>50300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DATANG POWER</name>
        <lei>213800VW156IS7SJUL96</lei>
        <title>Datang International Power Generation Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001Q02"/>
          <ticker value="601991"/>
          <other otherDesc="SEDOL" value="BP3R3W5"/>
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        <balance>81600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HAIGE COMMUNICATIONS</name>
        <lei>300300DDUUICKXUNQI85</lei>
        <title>Guangzhou Haige Communications Group Inc Co</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000T24"/>
          <ticker value="002465"/>
          <other otherDesc="SEDOL" value="BD5CM72"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FUJIAN KUNCAI MATERIAL TECHNOL</name>
        <lei>N/A</lei>
        <title>Fujian Kuncai Material Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002XX5"/>
          <ticker value="603826"/>
          <other otherDesc="SEDOL" value="BMF7NV1"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Xiangcai Co Ltd</name>
        <lei>N/A</lei>
        <title>Xiangcai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S68"/>
          <ticker value="600095"/>
          <other otherDesc="SEDOL" value="6012311"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hunan Gold Corp Ltd</name>
        <lei>3003001KTZAZUA4L3K12</lei>
        <title>Hunan Gold Corp Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000006B5"/>
          <ticker value="002155"/>
          <other otherDesc="SEDOL" value="B23K4Y2"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>sinoma-int</name>
        <lei>300300A8BDE5H0E13J94</lei>
        <title>Sinoma International Engineering Co</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001LS3"/>
          <ticker value="600970"/>
          <other otherDesc="SEDOL" value="B0762D7"/>
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        <balance>15350.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>31460.00000000</balance>
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        <valUSD>24319.90000000</valUSD>
        <pctVal>0.090509308074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAERI</name>
        <lei>3003000XDT9BG4F97Z70</lei>
        <title>China Automotive Engineering Research Institute Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001FM7"/>
          <ticker value="601965"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Ningbo Ronbay New Energy Techn</name>
        <lei>836800IZGSNBP6FLFG39</lei>
        <title>Ningbo Ronbay New Energy Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003MS6"/>
          <ticker value="688005"/>
          <other otherDesc="SEDOL" value="BK71FC2"/>
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        <balance>12487.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Changchun BCHT Biotechnology C</name>
        <lei>8368000E14LIZR0C4328</lei>
        <title>Changchun BCHT Biotechnology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005XY6"/>
          <ticker value="688276"/>
          <other otherDesc="SEDOL" value="BMYZ9J6"/>
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        <balance>517.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zhejiang Provincial New Energy</name>
        <lei>N/A</lei>
        <title>Zhejiang Provincial New Energy Investment Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000051S5"/>
          <ticker value="600032"/>
          <other otherDesc="SEDOL" value="BNYBG23"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GW COMPOS</name>
        <lei>6556005NSLA1CR4BUU74</lei>
        <title>Weihai Guangwei Composites Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000034T9"/>
          <ticker value="300699"/>
          <other otherDesc="SEDOL" value="BDGL1D7"/>
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        <balance>2220.00000000</balance>
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        <pctVal>0.035121998572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fujian Funeng Co Ltd</name>
        <lei>300300TDQOLNFB5F7X23</lei>
        <title>Fujian Funeng Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001HV5"/>
          <ticker value="600483"/>
          <other otherDesc="SEDOL" value="BYQDM71"/>
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        <balance>30700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>41797.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>13456.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOPERUN SOFTWARE</name>
        <lei>N/A</lei>
        <title>Jiangsu Hoperun Software Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001JT4"/>
          <ticker value="300339"/>
          <other otherDesc="SEDOL" value="BD5C9H1"/>
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        <balance>22500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUNWAY COMM</name>
        <lei>N/A</lei>
        <title>Shenzhen Sunway Communication Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000W94"/>
          <ticker value="300136"/>
          <other otherDesc="SEDOL" value="B4XT6X6"/>
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        <balance>4400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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="BYX2L74"/>
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        <balance>1400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Guoyuan Securities Co Ltd</name>
        <lei>300300E1007634000094</lei>
        <title>Guoyuan Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000QZ9"/>
          <ticker value="000728"/>
          <other otherDesc="SEDOL" value="BD5CNY6"/>
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        <balance>47200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>17400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CHINA SCIENCE PUBLISHING &amp; MED</name>
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        <title>China Science Publishing &amp; Media Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002R99"/>
          <ticker value="601858"/>
          <other otherDesc="SEDOL" value="BFB4KL6"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dong-E-E-Jiao Co Ltd</name>
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        <title>Dong-E-E-Jiao Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE0000006Y9"/>
          <ticker value="000423"/>
          <other otherDesc="SEDOL" value="BD5CM61"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Oriental Pearl Group Co Ltd</name>
        <lei>300300SLCK1GUH5KK558</lei>
        <title>Oriental Pearl Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE0000004Z1"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>China Great Wall Securities Co</name>
        <lei>300300E1006344000004</lei>
        <title>China Great Wall Securities Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003GD0"/>
          <ticker value="002939"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Wuxi Autowell Technology Co Lt</name>
        <lei>N/A</lei>
        <title>Wuxi Autowell Technology Co Ltd</title>
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          <isin value="CNE100004017"/>
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        <invCountry>CN</invCountry>
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        <name>Joincare</name>
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        <title>Joincare Pharmaceutical Group Industry Co Ltd</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>Lion</name>
        <lei>N/A</lei>
        <title>Hangzhou Lion Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100004314"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>YUTO TECH.</name>
        <lei>300300FSMGQ1XKYWTT66</lei>
        <title>Shenzhen YUTO Packaging Technology Co Ltd</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Zhejiang Hailiang Co Ltd</name>
        <lei>30030052QMKYS7EZTH25</lei>
        <title>Zhejiang Hailiang Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000008X5"/>
          <ticker value="002203"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nanjing Securities Co Ltd</name>
        <lei>300300E1008732000033</lei>
        <title>Nanjing Securities Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000031R9"/>
          <ticker value="601990"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>G-BITS NETWORK TECHNOLOGY XIAM</name>
        <lei>N/A</lei>
        <title>G-bits Network Technology Xiamen Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GK7"/>
          <ticker value="603444"/>
          <other otherDesc="SEDOL" value="BYPDLN1"/>
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        <balance>200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6982.08000000</valUSD>
        <pctVal>0.025984614645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>3peak Inc</name>
        <lei>N/A</lei>
        <title>3peak Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000042T2"/>
          <ticker value="688536"/>
          <other otherDesc="SEDOL" value="BQ3RXK0"/>
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        <balance>2671.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>53755.11000000</valUSD>
        <pctVal>0.200055831298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OFFCN EDU</name>
        <lei>N/A</lei>
        <title>Offcn Education Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001641"/>
          <ticker value="002607"/>
          <other otherDesc="SEDOL" value="B3YR784"/>
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        <balance>10700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4276.85000000</valUSD>
        <pctVal>0.015916789717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Baiyun Airport</name>
        <lei>300300HCH80SKW83W383</lei>
        <title>Guangzhou Baiyun International Airport Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DX0"/>
          <ticker value="600004"/>
          <other otherDesc="SEDOL" value="BP3RBS7"/>
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        <balance>33000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>43738.64000000</valUSD>
        <pctVal>0.162778384883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>4860.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11985.93000000</valUSD>
        <pctVal>0.044607018570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dazhong Mining Co Ltd</name>
        <lei>N/A</lei>
        <title>Dazhong Mining Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004JY8"/>
          <ticker value="001203"/>
          <other otherDesc="SEDOL" value="BP0Q8Y2"/>
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        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9253.60000000</valUSD>
        <pctVal>0.034438337871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>18748.70000000</valUSD>
        <pctVal>0.069775445799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TDTEC</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"/>
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        <balance>32500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>26792.78000000</valUSD>
        <pctVal>0.099712415725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SDPG</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="BMVB2W1"/>
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        <balance>3938.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11734.26000000</valUSD>
        <pctVal>0.043670399687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jafron Biomedical Co Ltd</name>
        <lei>N/A</lei>
        <title>Jafron Biomedical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002995"/>
          <ticker value="300529"/>
          <other otherDesc="SEDOL" value="BYV5TY8"/>
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        <balance>2000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6059.43000000</valUSD>
        <pctVal>0.022550866435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FASTPRINT</name>
        <lei>300300YI78BDL8GYZF56</lei>
        <title>Shenzhen Fastprint Circuit Tech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000QD5"/>
          <ticker value="002436"/>
          <other otherDesc="SEDOL" value="BD5LWN5"/>
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        <balance>49500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>79004.34000000</valUSD>
        <pctVal>0.294023747972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>20800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>12297.61000000</valUSD>
        <pctVal>0.045766971577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hwatsing Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Hwatsing Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005QL7"/>
          <ticker value="688120"/>
          <other otherDesc="SEDOL" value="BNTXRT8"/>
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        <balance>3563.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>73096.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chinese Media</name>
        <lei>30030040UMRH6C4ZOC68</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"/>
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        <balance>16689.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COOEC</name>
        <lei>N/A</lei>
        <title>Offshore Oil Engineering Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE0000019T2"/>
          <ticker value="600583"/>
          <other otherDesc="SEDOL" value="6439794"/>
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        <balance>5600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hebei Yangyuan Zhihui Beverage</name>
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        <title>Hebei Yangyuan Zhihui Beverage Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002ST3"/>
          <ticker value="603156"/>
          <other otherDesc="SEDOL" value="BDVNKC0"/>
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        <balance>11900.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sinosoft Co Ltd</name>
        <lei>300300JOS4HGVGOAV954</lei>
        <title>Sinosoft Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003PB5"/>
          <ticker value="603927"/>
          <other otherDesc="SEDOL" value="BKS1H03"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Zhejiang Crystal-Optech Co Ltd</name>
        <lei>N/A</lei>
        <title>Zhejiang Crystal-Optech Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000CT1"/>
          <ticker value="002273"/>
          <other otherDesc="SEDOL" value="BD5C9N7"/>
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        <balance>33850.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <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="BMF7Q23"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank of Xi'an Co Ltd</name>
        <lei>300300C1091161000048</lei>
        <title>Bank of Xi'an Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003JB8"/>
          <ticker value="600928"/>
          <other otherDesc="SEDOL" value="BGW75J4"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eastern Air Logistics Co Ltd</name>
        <lei>N/A</lei>
        <title>Eastern Air Logistics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000051G0"/>
          <ticker value="601156"/>
          <other otherDesc="SEDOL" value="BP91N98"/>
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        <balance>13800.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>YILING</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="BD5CHJ9"/>
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        <balance>22500.00000000</balance>
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        <valUSD>45497.76000000</valUSD>
        <pctVal>0.169325152511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>36600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>82289.43000000</valUSD>
        <pctVal>0.306249588656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>18558.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>27249.89000000</valUSD>
        <pctVal>0.101413603222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Glodon Co Ltd</name>
        <lei>N/A</lei>
        <title>Glodon Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000PH8"/>
          <ticker value="002410"/>
          <other otherDesc="SEDOL" value="BD5CK01"/>
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        <balance>37100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>70386.66000000</valUSD>
        <pctVal>0.261952059601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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"/>
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        <balance>18100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>25070.16000000</valUSD>
        <pctVal>0.093301487050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SMHC</name>
        <lei>N/A</lei>
        <title>State Grid Information &amp; Communication Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VJ3"/>
          <ticker value="600131"/>
          <other otherDesc="SEDOL" value="6107853"/>
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        <balance>3900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9769.89000000</valUSD>
        <pctVal>0.036359770552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAC</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"/>
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        <balance>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>47839.78000000</valUSD>
        <pctVal>0.178041249604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YXCHC</name>
        <lei>30030007BQQDXTYNQY69</lei>
        <title>Guangzhou Yuexiu Capital Holdings Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013M0"/>
          <ticker value="000987"/>
          <other otherDesc="SEDOL" value="6270089"/>
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        <balance>11340.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10119.80000000</valUSD>
        <pctVal>0.037662000906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>1300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9957.53000000</valUSD>
        <pctVal>0.037058094417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>57000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>69140.77000000</valUSD>
        <pctVal>0.257315336513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QUZHOU XIN'AN</name>
        <lei>300300NTHHIGL96GQP56</lei>
        <title>Quzhou Xin'an Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000ZH8"/>
          <ticker value="600208"/>
          <other otherDesc="SEDOL" value="6158594"/>
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        <balance>39100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>13946.26000000</valUSD>
        <pctVal>0.051902612380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>116700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>40491.03000000</valUSD>
        <pctVal>0.150692030334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Raytron Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Raytron Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003MX6"/>
          <ticker value="688002"/>
          <other otherDesc="SEDOL" value="BK71FH7"/>
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        <balance>3319.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>28006.50000000</valUSD>
        <pctVal>0.104229414454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SFY</name>
        <lei>3003001LPW6QB75C7439</lei>
        <title>Suofeiya Home Collection Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001203"/>
          <ticker value="002572"/>
          <other otherDesc="SEDOL" value="BD5CFM8"/>
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        <balance>14518.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>28430.32000000</valUSD>
        <pctVal>0.105806709383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GLGF</name>
        <lei>N/A</lei>
        <title>China Rare Earth Resources And Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WS2"/>
          <ticker value="000831"/>
          <other otherDesc="SEDOL" value="6117885"/>
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        <balance>3000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>3700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.086839907194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wangfujing Group Co Ltd</name>
        <lei>300300BIJ7KTIPGU7663</lei>
        <title>Wangfujing Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000GQ9"/>
          <ticker value="600859"/>
          <other otherDesc="SEDOL" value="BP3RC28"/>
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        <balance>8700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>30100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chinese Media</name>
        <lei>30030040UMRH6C4ZOC68</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"/>
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        <balance>3800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>XINXING PIPES</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"/>
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        <balance>41400.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JL Mag Rare-Earth Co Ltd</name>
        <lei>65560079RZSGJHK7CG66</lei>
        <title>JL Mag Rare-Earth Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003G83"/>
          <ticker value="300748"/>
          <other otherDesc="SEDOL" value="BDF0MN2"/>
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        <balance>3040.00000000</balance>
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        <valUSD>8383.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>XREC</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="BD5CJV5"/>
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        <balance>14400.00000000</balance>
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        <valUSD>14609.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Laobaixing Pharmacy Chain JSC</name>
        <lei>300300C4YU1D5XYS0O68</lei>
        <title>Laobaixing Pharmacy Chain JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023Q8"/>
          <ticker value="603883"/>
          <other otherDesc="SEDOL" value="BYZW4H3"/>
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        <balance>5795.00000000</balance>
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        <valUSD>15474.14000000</valUSD>
        <pctVal>0.057588793722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ROBAM APPLIANCES</name>
        <lei>N/A</lei>
        <title>Hangzhou Robam Appliances Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WY9"/>
          <ticker value="002508"/>
          <other otherDesc="SEDOL" value="B59WFS4"/>
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        <balance>2000.00000000</balance>
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        <valUSD>5493.18000000</valUSD>
        <pctVal>0.020443501861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Perfect World Co Ltd/China</name>
        <lei>N/A</lei>
        <title>Perfect World Co Ltd/China</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000018W6"/>
          <ticker value="002624"/>
          <other otherDesc="SEDOL" value="B72TPR5"/>
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        <balance>7100.00000000</balance>
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        <pctVal>0.049287507853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AVIC Chengdu UAS Co Ltd</name>
        <lei>N/A</lei>
        <title>AVIC Chengdu UAS Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005QG7"/>
          <ticker value="688297"/>
          <other otherDesc="SEDOL" value="BNTXRV0"/>
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        <balance>7326.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GDHEC 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"/>
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        <balance>24545.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DATANG POWER</name>
        <lei>213800VW156IS7SJUL96</lei>
        <title>Datang International Power Generation Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001Q02"/>
          <ticker value="601991"/>
          <other otherDesc="SEDOL" value="B1JPCH3"/>
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        <balance>22800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>18520.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Huaxia Eye Hospital Group Co L</name>
        <lei>N/A</lei>
        <title>Huaxia Eye Hospital Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005WL5"/>
          <ticker value="301267"/>
          <other otherDesc="SEDOL" value="BNHSQ76"/>
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        <balance>7300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hwatsing Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Hwatsing Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005QL7"/>
          <ticker value="688120"/>
          <other otherDesc="SEDOL" value="BPLZ901"/>
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        <balance>358.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SCG</name>
        <lei>3003009M1GRD07UMUZ33</lei>
        <title>Shanghai Construction Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WR4"/>
          <ticker value="600170"/>
          <other otherDesc="SEDOL" value="6117874"/>
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        <balance>10800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>2800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>29600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COOEC</name>
        <lei>N/A</lei>
        <title>Offshore Oil Engineering Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE0000019T2"/>
          <ticker value="600583"/>
          <other otherDesc="SEDOL" value="BP3R455"/>
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        <balance>46300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Verisilicon Microelectronics S</name>
        <lei>836800TNWRM7QRXH6S33</lei>
        <title>Verisilicon Microelectronics Shanghai Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100004413"/>
          <ticker value="688521"/>
          <other otherDesc="SEDOL" value="BJP49K2"/>
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        <balance>6513.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Baiyin Nonferrous Group Co Ltd</name>
        <lei>3003000UG92IRWM5LQ12</lei>
        <title>Baiyin Nonferrous Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002RP3"/>
          <ticker value="601212"/>
          <other otherDesc="SEDOL" value="BFB4KH2"/>
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        <balance>91500.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HUATIAN TECH</name>
        <lei>N/A</lei>
        <title>Tianshui Huatian Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000825"/>
          <ticker value="002185"/>
          <other otherDesc="SEDOL" value="B28XJP2"/>
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        <balance>16700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Wintime Energy Group Co Ltd</name>
        <lei>300300W8M7JY3INMAS32</lei>
        <title>Wintime Energy Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000WD4"/>
          <ticker value="600157"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Xinfengming Group Co Ltd</name>
        <lei>300300EUL4DEDVVTFA59</lei>
        <title>Xinfengming Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002RH0"/>
          <ticker value="603225"/>
          <other otherDesc="SEDOL" value="BF164Y3"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Rockchip Electronics Co Ltd</name>
        <lei>8368002HC3QUMAKOPK03</lei>
        <title>Rockchip Electronics Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003RK2"/>
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          <other otherDesc="SEDOL" value="BL58MB0"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Ninebot Ltd</name>
        <lei>N/A</lei>
        <title>Ninebot Ltd</title>
        <cusip>000000000</cusip>
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          <ticker value="689009"/>
          <other otherDesc="INTERNAL" value="BMCFZL2"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>GOLDWIND</name>
        <lei>3003008X6GR2ZPYM2V54</lei>
        <title>Goldwind Science &amp; Technology Co Ltd</title>
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          <isin value="CNE1000008S5"/>
          <ticker value="002202"/>
          <other otherDesc="SEDOL" value="BD5CQ58"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WSDL</name>
        <lei>N/A</lei>
        <title>China Southern Power Grid Energy Storage Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001JD9"/>
          <ticker value="600995"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jiangsu Yoke Technology Co Ltd</name>
        <lei>6556004F7UD5F2TVRT68</lei>
        <title>Jiangsu Yoke Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000PG0"/>
          <ticker value="002409"/>
          <other otherDesc="SEDOL" value="BFY8GF1"/>
        </identifiers>
        <balance>7196.00000000</balance>
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        <valUSD>52342.35000000</valUSD>
        <pctVal>0.194798082291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OPENCUT COAL</name>
        <lei>N/A</lei>
        <title>Inner Mongolia Dian Tou Energy Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000098"/>
          <ticker value="002128"/>
          <other otherDesc="SEDOL" value="B1VVLT4"/>
        </identifiers>
        <balance>5100.00000000</balance>
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        <valUSD>14007.61000000</valUSD>
        <pctVal>0.052130933469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Keda Industrial Group Co Ltd</name>
        <lei>300300J9W79188WE1R80</lei>
        <title>Keda Industrial Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001CP8"/>
          <ticker value="600499"/>
          <other otherDesc="SEDOL" value="6546650"/>
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        <balance>10100.00000000</balance>
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        <valUSD>14437.98000000</valUSD>
        <pctVal>0.053732604977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Aisino Corp</name>
        <lei>300300NIFA1100045155</lei>
        <title>Aisino Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FB1"/>
          <ticker value="600271"/>
          <other otherDesc="SEDOL" value="BP3R660"/>
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        <balance>7500.00000000</balance>
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        <pctVal>0.033896024113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>6300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>77616.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gan &amp; Lee Pharmaceuticals Co L</name>
        <lei>N/A</lei>
        <title>Gan &amp; Lee Pharmaceuticals Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003ZH1"/>
          <ticker value="603087"/>
          <other otherDesc="SEDOL" value="BMQBVG3"/>
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        <balance>10700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>80933.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sinomine Resource Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Sinomine Resource Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001WV3"/>
          <ticker value="002738"/>
          <other otherDesc="SEDOL" value="BTG8066"/>
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        <balance>200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>818.01000000</valUSD>
        <pctVal>0.003044318401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HANGYANG LIMITED</name>
        <lei>300300I9BCYICNBMOY81</lei>
        <title>Hangzhou Oxygen Plant Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000Q68"/>
          <ticker value="002430"/>
          <other otherDesc="SEDOL" value="BFY8GG2"/>
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        <balance>12600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.123782854839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Levima Advanced Materials Corp</name>
        <lei>N/A</lei>
        <title>Levima Advanced Materials Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004942"/>
          <ticker value="003022"/>
          <other otherDesc="SEDOL" value="BND8DX5"/>
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        <balance>1000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KEDALI</name>
        <lei>N/A</lei>
        <title>Shenzhen Kedali Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002JW6"/>
          <ticker value="002850"/>
          <other otherDesc="SEDOL" value="BFCCQM2"/>
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        <balance>5500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>84233.13000000</valUSD>
        <pctVal>0.313483292006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HBC</name>
        <lei>30030072W72E4N589G74</lei>
        <title>Sichuan Hebang Biotechnology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001JM9"/>
          <ticker value="603077"/>
          <other otherDesc="SEDOL" value="B7JMDD9"/>
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        <balance>82260.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>19979.04000000</valUSD>
        <pctVal>0.074354297772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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="BP3R671"/>
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        <balance>18300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>15822.94000000</valUSD>
        <pctVal>0.058886893083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Wuxi Autowell Technology Co Lt</name>
        <lei>N/A</lei>
        <title>Wuxi Autowell Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004017"/>
          <ticker value="688516"/>
          <other otherDesc="SEDOL" value="BQ3RXH7"/>
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        <balance>4273.00000000</balance>
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        <valUSD>19688.78000000</valUSD>
        <pctVal>0.073274061761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THDB</name>
        <lei>N/A</lei>
        <title>Tonghua Dongbao Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000H87"/>
          <ticker value="600867"/>
          <other otherDesc="SEDOL" value="6882428"/>
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        <balance>11100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zhejiang Cfmoto Power Co Ltd</name>
        <lei>N/A</lei>
        <title>Zhejiang Cfmoto Power Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002W84"/>
          <ticker value="603129"/>
          <other otherDesc="SEDOL" value="BMQBVH4"/>
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        <balance>2800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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="BFB4KJ4"/>
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        <balance>12600.00000000</balance>
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        <pctVal>0.020890802785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>23700.00000000</balance>
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        <pctVal>0.066470279392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>15349.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NONFEMET</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"/>
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        <balance>49600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>52100.00000000</balance>
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        <valUSD>25741.61000000</valUSD>
        <pctVal>0.095800365537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WEIMING</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"/>
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        <balance>17727.00000000</balance>
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        <valUSD>47975.31000000</valUSD>
        <pctVal>0.178545640104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Carbon</name>
        <lei>300300O5JPB0SVAI9Q63</lei>
        <title>Fangda Carbon New Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001CC6"/>
          <ticker value="600516"/>
          <other otherDesc="SEDOL" value="6543242"/>
        </identifiers>
        <balance>4500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2885.38000000</valUSD>
        <pctVal>0.010738273896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>22800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10822.03000000</valUSD>
        <pctVal>0.040275430707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Grid Yingda Co Ltd</name>
        <lei>3003001FMF7ATQEFDL34</lei>
        <title>State Grid Yingda Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001G20"/>
          <ticker value="600517"/>
          <other otherDesc="SEDOL" value="6694560"/>
        </identifiers>
        <balance>43500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>29642.76000000</valUSD>
        <pctVal>0.110318944445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZLD</name>
        <lei>3003003Q7265DHFXJU95</lei>
        <title>China Green Electricity Investment of Tianjin Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000271"/>
          <ticker value="000537"/>
          <other otherDesc="SEDOL" value="6902605"/>
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        <balance>1700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2017.27000000</valUSD>
        <pctVal>0.007507502576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Pacific Quartz Co Ltd</name>
        <lei>N/A</lei>
        <title>Jiangsu Pacific Quartz Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001VC5"/>
          <ticker value="603688"/>
          <other otherDesc="SEDOL" value="BMC2K96"/>
        </identifiers>
        <balance>1750.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7288.73000000</valUSD>
        <pctVal>0.027125847928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>655600LP4PHNNE8FAX71</lei>
        <title>TongFu Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000006C3"/>
          <ticker value="002156"/>
          <other otherDesc="SEDOL" value="B23K527"/>
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        <balance>3200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10410.11000000</valUSD>
        <pctVal>0.038742422998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hongyuan Green Energy Co Ltd</name>
        <lei>N/A</lei>
        <title>Hongyuan Green Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003JF9"/>
          <ticker value="603185"/>
          <other otherDesc="SEDOL" value="BK94808"/>
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        <balance>11100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21598.27000000</valUSD>
        <pctVal>0.080380448657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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</name>
        <lei>300300S2I2XIZT3E2Y55</lei>
        <title>Bluefocus Intelligent Communications Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000LV8"/>
          <ticker value="300058"/>
          <other otherDesc="SEDOL" value="B3N1WC6"/>
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        <balance>4600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>5292.49000000</valUSD>
        <pctVal>0.019696610919</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chengxin Lithium Group Co Ltd</name>
        <lei>300300LUBPEGH8SHWI63</lei>
        <title>Chengxin Lithium Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000BN6"/>
          <ticker value="002240"/>
          <other otherDesc="SEDOL" value="BFCCQ55"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>24870.58000000</valUSD>
        <pctVal>0.092558727100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>9800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21489.74000000</valUSD>
        <pctVal>0.079976541766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunresin New Materials Co Ltd</name>
        <lei>N/A</lei>
        <title>Sunresin New Materials Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002136"/>
          <ticker value="300487"/>
          <other otherDesc="SEDOL" value="BHQPSB4"/>
        </identifiers>
        <balance>6500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>40739.46000000</valUSD>
        <pctVal>0.151616591184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Capital Co Ltd</name>
        <lei>300300PHWSS7ZKSTU822</lei>
        <title>Minmetals Capital Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016N1"/>
          <ticker value="600390"/>
          <other otherDesc="SEDOL" value="6315689"/>
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        <balance>50300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>36929.34000000</valUSD>
        <pctVal>0.137436790902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>77400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>56181.14000000</valUSD>
        <pctVal>0.209084581279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Southern Power Grid Ener</name>
        <lei>N/A</lei>
        <title>China Southern Power Grid Energy Efficiency&amp;Clean Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004CH8"/>
          <ticker value="003035"/>
          <other otherDesc="SEDOL" value="BP91MN5"/>
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        <balance>15100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10394.57000000</valUSD>
        <pctVal>0.038684589099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JZEG</name>
        <lei>300300RB4ZPQVWNPOM87</lei>
        <title>Jizhong Energy Resources Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000010H6"/>
          <ticker value="000937"/>
          <other otherDesc="SEDOL" value="BD5CJ93"/>
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        <balance>5900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>5486.24000000</valUSD>
        <pctVal>0.020417673852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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="BP3R9L6"/>
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        <balance>19700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>24196.77000000</valUSD>
        <pctVal>0.090051065602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Giant Network Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Giant Network Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000010R3"/>
          <ticker value="002558"/>
          <other otherDesc="SEDOL" value="B3TZB92"/>
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        <balance>3500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7014.28000000</valUSD>
        <pctVal>0.026104450653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GDG</name>
        <lei>300300TORMK6PEJL6F46</lei>
        <title>Guangzhou Development Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000SB6"/>
          <ticker value="600098"/>
          <other otherDesc="SEDOL" value="BP3R7H8"/>
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        <balance>30500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>27895.44000000</valUSD>
        <pctVal>0.103816091877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>42900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>37093.11000000</valUSD>
        <pctVal>0.138046279813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HONGDA BLASTING</name>
        <lei>300300P4C4XSS3DX5645</lei>
        <title>Guangdong Hongda Holdings Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001F37"/>
          <ticker value="002683"/>
          <other otherDesc="SEDOL" value="B8DDJ15"/>
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        <balance>2600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11020.22000000</valUSD>
        <pctVal>0.041013017612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Andon Health Co Ltd</name>
        <lei>N/A</lei>
        <title>Andon Health Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000Q84"/>
          <ticker value="002432"/>
          <other otherDesc="SEDOL" value="BD5C7C2"/>
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        <balance>8900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>46653.57000000</valUSD>
        <pctVal>0.173626632507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HLA Group Corp Ltd</name>
        <lei>N/A</lei>
        <title>HLA Group Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016H3"/>
          <ticker value="600398"/>
          <other otherDesc="SEDOL" value="6314589"/>
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        <balance>43700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>43546.56000000</valUSD>
        <pctVal>0.162063537047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COFCO Sugar Holding Co Ltd</name>
        <lei>300300CAHQDI178WDM76</lei>
        <title>COFCO Sugar Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LH8"/>
          <ticker value="600737"/>
          <other otherDesc="SEDOL" value="BYYFJG7"/>
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        <balance>8600.00000000</balance>
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        <valUSD>11100.16000000</valUSD>
        <pctVal>0.041310523526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Everdisplay Optronics Shanghai</name>
        <lei>N/A</lei>
        <title>Everdisplay Optronics Shanghai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000051N6"/>
          <ticker value="688538"/>
          <other otherDesc="SEDOL" value="BNHPNF4"/>
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        <balance>28210.00000000</balance>
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        <valUSD>9200.66000000</valUSD>
        <pctVal>0.034241315565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Qingdao Rural Commercial Bank</name>
        <lei>300300C1194637000087</lei>
        <title>Qingdao Rural Commercial Bank Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003JQ6"/>
          <ticker value="002958"/>
          <other otherDesc="SEDOL" value="BJ65XV3"/>
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        <balance>12800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6146.59000000</valUSD>
        <pctVal>0.022875242411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIC Metal Co Ltd</name>
        <lei>3003003QKKFWXNMQ9S79</lei>
        <title>CITIC Metal Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100006087"/>
          <ticker value="601061"/>
          <other otherDesc="SEDOL" value="BN0ZDL7"/>
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        <balance>14300.00000000</balance>
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        <pctVal>0.055691216594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Junshi Biosciences Co</name>
        <lei>300300L36FLCKN0WXW06</lei>
        <title>Shanghai Junshi Biosciences Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000041Z1"/>
          <ticker value="688180"/>
          <other otherDesc="SEDOL" value="BK803P7"/>
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        <balance>1140.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>5143.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>hacl</name>
        <lei>300300QU9AQS1YMTV002</lei>
        <title>Heilongjiang Agriculture Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019Z9"/>
          <ticker value="600598"/>
          <other otherDesc="SEDOL" value="6519599"/>
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        <balance>3300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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="6622293"/>
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        <balance>7690.00000000</balance>
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        <pctVal>0.046035113948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>12800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>39846.22000000</valUSD>
        <pctVal>0.148292295675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Youngor Fashion Co Ltd</name>
        <lei>300300PRWK21S8R8F317</lei>
        <title>Youngor Fashion Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XR2"/>
          <ticker value="600177"/>
          <other otherDesc="SEDOL" value="6131012"/>
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        <balance>12500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>13028.60000000</valUSD>
        <pctVal>0.048487435029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>G-BITS NETWORK TECHNOLOGY XIAM</name>
        <lei>N/A</lei>
        <title>G-bits Network Technology Xiamen Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GK7"/>
          <ticker value="603444"/>
          <other otherDesc="SEDOL" value="BYZQW37"/>
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        <balance>773.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>26985.75000000</valUSD>
        <pctVal>0.100430575799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SLHC</name>
        <lei>300300A3R98BIKL5XH91</lei>
        <title>Shanghai Lingang Holdings Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000C74"/>
          <ticker value="600848"/>
          <other otherDesc="SEDOL" value="BK947Q7"/>
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        <balance>15500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>27000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chengxin Lithium Group Co Ltd</name>
        <lei>300300LUBPEGH8SHWI63</lei>
        <title>Chengxin Lithium Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000BN6"/>
          <ticker value="002240"/>
          <other otherDesc="SEDOL" value="B2R9WR4"/>
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        <balance>2600.00000000</balance>
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        <valUSD>4041.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>19900.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Angang Steel Co Ltd</name>
        <lei>213800QMMVMR3ABCKL62</lei>
        <title>Angang Steel Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000SQ4"/>
          <ticker value="000898"/>
          <other otherDesc="SEDOL" value="6087331"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chacha Food Co Ltd</name>
        <lei>300300AJZ9YPIRBJZN87</lei>
        <title>Chacha Food Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000010Q5"/>
          <ticker value="002557"/>
          <other otherDesc="SEDOL" value="BD5LW57"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shanxi Meijin Energy Co Ltd</name>
        <lei>83680052S2RHEGMUGF37</lei>
        <title>Shanxi Meijin Energy Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE0000005J2"/>
          <ticker value="000723"/>
          <other otherDesc="SEDOL" value="BFCCPV4"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>EASPRING</name>
        <lei>N/A</lei>
        <title>Beijing Easpring Material Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000NN1"/>
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          <other otherDesc="SEDOL" value="B5M8006"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shaanxi Beiyuan Chemical Indus</name>
        <lei>N/A</lei>
        <title>Shaanxi Beiyuan Chemical Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005XC2"/>
          <ticker value="601568"/>
          <other otherDesc="SEDOL" value="BMF7KZ4"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHANGHONG</name>
        <lei>300300WM1QVA4ET9HJ12</lei>
        <title>Sichuan Changhong Electric Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000GJ4"/>
          <ticker value="600839"/>
          <other otherDesc="SEDOL" value="6818207"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Isoftstone Information Technol</name>
        <lei>N/A</lei>
        <title>Isoftstone Information Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000058S0"/>
          <ticker value="301236"/>
          <other otherDesc="SEDOL" value="BKY5M48"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Verisilicon Microelectronics S</name>
        <lei>836800TNWRM7QRXH6S33</lei>
        <title>Verisilicon Microelectronics Shanghai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004413"/>
          <ticker value="688521"/>
          <other otherDesc="SEDOL" value="BMGYHP3"/>
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        <balance>3461.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>41938.56000000</valUSD>
        <pctVal>0.156079179900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BOC International China Co Ltd</name>
        <lei>3003007E9G154XL2PS13</lei>
        <title>BOC International China Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003R64"/>
          <ticker value="601696"/>
          <other otherDesc="SEDOL" value="BL6D355"/>
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        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>54904.03000000</valUSD>
        <pctVal>0.204331669366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SICC Co Ltd</name>
        <lei>N/A</lei>
        <title>SICC Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005RH3"/>
          <ticker value="688234"/>
          <other otherDesc="SEDOL" value="BLFD185"/>
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        <balance>370.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>3081.07000000</valUSD>
        <pctVal>0.011466556763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tianshan Aluminum Group Co Ltd</name>
        <lei>300300VE52AL1GWYFN04</lei>
        <title>Tianshan Aluminum Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000YJ6"/>
          <ticker value="002532"/>
          <other otherDesc="SEDOL" value="BMQBT81"/>
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        <balance>70700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>75652.23000000</valUSD>
        <pctVal>0.281548484641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eastern Air Logistics Co Ltd</name>
        <lei>N/A</lei>
        <title>Eastern Air Logistics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000051G0"/>
          <ticker value="601156"/>
          <other otherDesc="SEDOL" value="BNNRK08"/>
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        <balance>5300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9658.03000000</valUSD>
        <pctVal>0.035943470683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Caitong Securities Co Ltd</name>
        <lei>300300E1006233000091</lei>
        <title>Caitong Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002V44"/>
          <ticker value="601108"/>
          <other otherDesc="SEDOL" value="BDD88Z2"/>
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        <balance>15025.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>15368.44000000</valUSD>
        <pctVal>0.057195419002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HXDQ</name>
        <lei>N/A</lei>
        <title>Hisense Visual Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PF3"/>
          <ticker value="600060"/>
          <other otherDesc="SEDOL" value="BP3R7F6"/>
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        <balance>5100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>16895.48000000</valUSD>
        <pctVal>0.062878474187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>45000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>26605.42000000</valUSD>
        <pctVal>0.099015133912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cathay Biotech Inc</name>
        <lei>N/A</lei>
        <title>Cathay Biotech Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004447"/>
          <ticker value="688065"/>
          <other otherDesc="SEDOL" value="BMF7PB5"/>
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        <balance>10176.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>66660.26000000</valUSD>
        <pctVal>0.248083832938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CCTECH</name>
        <lei>N/A</lei>
        <title>Hangzhou Chang Chuan Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002Q09"/>
          <ticker value="300604"/>
          <other otherDesc="SEDOL" value="BD45DQ8"/>
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        <balance>200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>1142.77000000</valUSD>
        <pctVal>0.004252950135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>QUZHOU XIN'AN</name>
        <lei>300300NTHHIGL96GQP56</lei>
        <title>Quzhou Xin'an Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000ZH8"/>
          <ticker value="600208"/>
          <other otherDesc="SEDOL" value="BP3R659"/>
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        <balance>76600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>27321.83000000</valUSD>
        <pctVal>0.101681336215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tianneng Battery Group Co Ltd</name>
        <lei>300300NOKZOLM51U7U67</lei>
        <title>Tianneng Battery Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004C29"/>
          <ticker value="688819"/>
          <other otherDesc="SEDOL" value="BNM3RY0"/>
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        <balance>3703.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>13829.78000000</valUSD>
        <pctVal>0.051469118648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>45700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21691.53000000</valUSD>
        <pctVal>0.080727526485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>16892.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>25506.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Asia - Potash International In</name>
        <lei>N/A</lei>
        <title>Asia - Potash International Investment Guangzhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XS0"/>
          <ticker value="000893"/>
          <other otherDesc="SEDOL" value="BD5LTW3"/>
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        <balance>15200.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.227677956606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>20800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MEINIAN ONEHEALTH</name>
        <lei>300300EYIBAM5S5ILV56</lei>
        <title>Meinian Onehealth Healthcare Holdings Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001LV7"/>
          <ticker value="002044"/>
          <other otherDesc="SEDOL" value="BD73L10"/>
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        <balance>85900.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hesteel Co Ltd</name>
        <lei>300300AZISPESC4OA235</lei>
        <title>Hesteel Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000H20"/>
          <ticker value="000709"/>
          <other otherDesc="SEDOL" value="6878331"/>
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        <balance>24500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>YONGXING MATERIALS</name>
        <lei>300300ULJO6T9VWWOQ73</lei>
        <title>YongXing Special Materials Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001XB3"/>
          <ticker value="002756"/>
          <other otherDesc="SEDOL" value="BMVB2H6"/>
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        <balance>8200.00000000</balance>
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        <valUSD>34869.89000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CIMC</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"/>
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        <balance>27520.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NHWA</name>
        <lei>N/A</lei>
        <title>Jiangsu Nhwa Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CG8"/>
          <ticker value="002262"/>
          <other otherDesc="SEDOL" value="B3BMTZ3"/>
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        <balance>1500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JEREH GROUP</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="B60Q9M4"/>
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        <balance>4600.00000000</balance>
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        <valUSD>22038.22000000</valUSD>
        <pctVal>0.082017773239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROBAM APPLIANCES</name>
        <lei>N/A</lei>
        <title>Hangzhou Robam Appliances Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WY9"/>
          <ticker value="002508"/>
          <other otherDesc="SEDOL" value="BD5CGX6"/>
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        <balance>12200.00000000</balance>
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        <valUSD>33508.39000000</valUSD>
        <pctVal>0.124705331584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anhui Kouzi Distillery Co Ltd</name>
        <lei>N/A</lei>
        <title>Anhui Kouzi Distillery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000022S6"/>
          <ticker value="603589"/>
          <other otherDesc="SEDOL" value="BYQDNL2"/>
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        <balance>7600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>38109.17000000</valUSD>
        <pctVal>0.141827664094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>19900.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>24442.42000000</valUSD>
        <pctVal>0.090965280361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AECC AEC</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"/>
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        <balance>9800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>26454.14000000</valUSD>
        <pctVal>0.098452127974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wanda Film Holding Co Ltd</name>
        <lei>N/A</lei>
        <title>Wanda Film Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001WW1"/>
          <ticker value="002739"/>
          <other otherDesc="SEDOL" value="BD5CPH3"/>
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        <balance>6500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9869.12000000</valUSD>
        <pctVal>0.036729066423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>20100.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10656.32000000</valUSD>
        <pctVal>0.039658721862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>13100.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ingenic Semiconductor Co Ltd</name>
        <lei>N/A</lei>
        <title>Ingenic Semiconductor Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001377"/>
          <ticker value="300223"/>
          <other otherDesc="SEDOL" value="BD760S9"/>
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        <balance>10000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>XTC New Energy Materials Xiame</name>
        <lei>N/A</lei>
        <title>XTC New Energy Materials Xiamen Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004NQ6"/>
          <ticker value="688778"/>
          <other otherDesc="SEDOL" value="BN92VF9"/>
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        <balance>705.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4324.73000000</valUSD>
        <pctVal>0.016094980650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>XEMC</name>
        <lei>3003000LARJVHCSEYU79</lei>
        <title>Xiangtan Electric Manufacturing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BY2"/>
          <ticker value="600416"/>
          <other otherDesc="SEDOL" value="BTFRH96"/>
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        <balance>25564.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>38920.94000000</valUSD>
        <pctVal>0.144848759617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NANJING KING-FRIEND BIOCHEMICA</name>
        <lei>655600XP89T7FDWYHL68</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"/>
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        <balance>14107.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>StarPower Semiconductor Ltd</name>
        <lei>N/A</lei>
        <title>StarPower Semiconductor Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003RN6"/>
          <ticker value="603290"/>
          <other otherDesc="SEDOL" value="BL58R37"/>
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        <balance>3400.00000000</balance>
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        <valUSD>37844.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yunnan Botanee Bio-Technology</name>
        <lei>N/A</lei>
        <title>Yunnan Botanee Bio-Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004G74"/>
          <ticker value="300957"/>
          <other otherDesc="SEDOL" value="BP91N43"/>
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        <balance>5000.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shanxi Securities Co Ltd</name>
        <lei>300300E1007214000085</lei>
        <title>Shanxi Securities Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000WJ0"/>
          <ticker value="002500"/>
          <other otherDesc="SEDOL" value="BD5CNC4"/>
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        <balance>33980.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>5600.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CAPCHEM</name>
        <lei>83680035MFDI4S2P0866</lei>
        <title>Shenzhen Capchem Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000K15"/>
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          <other otherDesc="SEDOL" value="BD5LRQ3"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tianjin 712 Communication &amp; Br</name>
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        <title>Tianjin 712 Communication &amp; Broadcasting Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000030X9"/>
          <ticker value="603712"/>
          <other otherDesc="SEDOL" value="BK947M3"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>HAINAN RUBBER GROUP</name>
        <lei>3003002X3R3WQFCSJM82</lei>
        <title>China Hainan Rubber Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000YM0"/>
          <ticker value="601118"/>
          <other otherDesc="SEDOL" value="B50Z5R1"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Sunresin New Materials Co Ltd</name>
        <lei>N/A</lei>
        <title>Sunresin New Materials Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002136"/>
          <ticker value="300487"/>
          <other otherDesc="SEDOL" value="BZ0HN95"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FIRST CAPITAL</name>
        <lei>3003007W6RHRZJVRZ944</lei>
        <title>First Capital Securities Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000027G0"/>
          <ticker value="002797"/>
          <other otherDesc="SEDOL" value="BD73MV7"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHOENIX MEDIA</name>
        <lei>N/A</lei>
        <title>Jiangsu Phoenix Publishing &amp; Media Corp Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000019Q6"/>
          <ticker value="601928"/>
          <other otherDesc="SEDOL" value="B59GJM8"/>
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        <valUSD>26626.37000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>CSPC Innovation Pharmaceutical</name>
        <lei>655600RUP8SX5H46N648</lei>
        <title>CSPC Innovation Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003K04"/>
          <ticker value="300765"/>
          <other otherDesc="SEDOL" value="BL61WD0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CECEP Solar Energy Co Ltd</name>
        <lei>30030055WYGVLDBFGM73</lei>
        <title>CECEP Solar Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000000K1"/>
          <ticker value="000591"/>
          <other otherDesc="SEDOL" value="6192893"/>
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        <pctVal>0.003362479280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Topchoice Medical Corp</name>
        <lei>N/A</lei>
        <title>Topchoice Medical Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MZ8"/>
          <ticker value="600763"/>
          <other otherDesc="SEDOL" value="BYYFJH8"/>
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        <balance>8603.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Hengyi Petrochemical Co Ltd</name>
        <lei>300300QRLJCH8BPJVS66</lei>
        <title>Hengyi Petrochemical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000001J1"/>
          <ticker value="000703"/>
          <other otherDesc="SEDOL" value="BD5M1L9"/>
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        <balance>50100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Sinocelltech Group Ltd</name>
        <lei>N/A</lei>
        <title>Sinocelltech Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003ZL3"/>
          <ticker value="688520"/>
          <other otherDesc="SEDOL" value="BNHPNC1"/>
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        <balance>3609.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </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="BD5CGV4"/>
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        <balance>15581.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CNGR Advanced Material Co Ltd</name>
        <lei>213800FP1O8DBRF5AI17</lei>
        <title>CNGR Advanced Material Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000049X9"/>
          <ticker value="300919"/>
          <other otherDesc="SEDOL" value="BP91MT1"/>
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        <balance>13700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>QIXIANG TENGDA</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"/>
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        <balance>24701.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wintime Energy Group Co Ltd</name>
        <lei>300300W8M7JY3INMAS32</lei>
        <title>Wintime Energy Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WD4"/>
          <ticker value="600157"/>
          <other otherDesc="SEDOL" value="6116008"/>
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        <balance>516600.00000000</balance>
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        <valUSD>96791.25000000</valUSD>
        <pctVal>0.360219781545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Xuji Electric Co Ltd</name>
        <lei>3003000OT9G77QBDC838</lei>
        <title>Xuji Electric Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000007F6"/>
          <ticker value="000400"/>
          <other otherDesc="SEDOL" value="6007685"/>
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        <balance>9700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>36080.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPIC IFH</name>
        <lei>N/A</lei>
        <title>SPIC Industry-Finance Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001154"/>
          <ticker value="000958"/>
          <other otherDesc="SEDOL" value="BD5M067"/>
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        <balance>39500.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SUPCON Technology Co Ltd</name>
        <lei>836800CSSWUYIZYJGO52</lei>
        <title>SUPCON Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005D92"/>
          <ticker value="688777"/>
          <other otherDesc="SEDOL" value="BQ3RXP5"/>
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        <balance>18082.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CICT Mobile Communication Tech</name>
        <lei>N/A</lei>
        <title>CICT Mobile Communication Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005P31"/>
          <ticker value="688387"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bluestar Adisseo Co</name>
        <lei>300300OQC145900DQ319</lei>
        <title>Bluestar Adisseo Co</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001253"/>
          <ticker value="600299"/>
          <other otherDesc="SEDOL" value="BYV1QK1"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JUNZHENG</name>
        <lei>3003006C9ZMCTO771B16</lei>
        <title>Inner Mongolia Junzheng Energy &amp; Chemical Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000010F8"/>
          <ticker value="601216"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>AIMA Technology Group Co Ltd</name>
        <lei>N/A</lei>
        <title>AIMA Technology Group Co Ltd</title>
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          <isin value="CNE1000051B1"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>VGT</name>
        <lei>836800LBU3EF5U7ECE87</lei>
        <title>Victory Giant Technology Huizhou Co Ltd</title>
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          <isin value="CNE1000020V4"/>
          <ticker value="300476"/>
          <other otherDesc="SEDOL" value="BD76164"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>WANGSU</name>
        <lei>N/A</lei>
        <title>Wangsu Science &amp; Technology Co Ltd</title>
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          <isin value="CNE100000GQ8"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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      <invstOrSec>
        <name>FENGHUA</name>
        <lei>300300Y5HPGKODY5W067</lei>
        <title>Guangdong Fenghua Advanced Technology Holding Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000GH8"/>
          <ticker value="000636"/>
          <other otherDesc="SEDOL" value="6335052"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SANXING MEDICAL</name>
        <lei>300300F7H3O0GJJG4V34</lei>
        <title>Ningbo Sanxing Medical Electric Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100001567"/>
          <ticker value="601567"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DSBJ</name>
        <lei>300300PUYVPZAJYVAE50</lei>
        <title>Suzhou Dongshan Precision Manufacturing Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000N79"/>
          <ticker value="002384"/>
          <other otherDesc="SEDOL" value="BD5CF28"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Qingdao TGOOD Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Qingdao TGOOD Electric Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000H69"/>
          <ticker value="300001"/>
          <other otherDesc="SEDOL" value="B4MNP10"/>
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        <balance>7600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </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"/>
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        <balance>2400.00000000</balance>
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        <valUSD>5835.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CTI</name>
        <lei>8368009FQ1ZOBVGD5Y61</lei>
        <title>Centre Testing International Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GV8"/>
          <ticker value="300012"/>
          <other otherDesc="SEDOL" value="B4VM756"/>
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        <balance>46800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Remegen Co Ltd</name>
        <lei>300300M9HCX4TFAD4I10</lei>
        <title>Remegen Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005B03"/>
          <ticker value="688331"/>
          <other otherDesc="SEDOL" value="BMYPYY6"/>
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        <balance>441.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Liaoning Port Co Ltd</name>
        <lei>529900N68F8UROUIBV86</lei>
        <title>Liaoning Port Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000X77"/>
          <ticker value="601880"/>
          <other otherDesc="SEDOL" value="B68JHQ5"/>
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        <balance>42320.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>6100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Xingfa group</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"/>
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        <balance>18020.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THDB</name>
        <lei>N/A</lei>
        <title>Tonghua Dongbao Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000H87"/>
          <ticker value="600867"/>
          <other otherDesc="SEDOL" value="BP3R808"/>
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        <balance>23000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tianfeng Securities Co Ltd</name>
        <lei>300300E1007142000089</lei>
        <title>Tianfeng Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003F43"/>
          <ticker value="601162"/>
          <other otherDesc="SEDOL" value="BK94886"/>
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        <balance>196400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TongFu Microelectronics Co Ltd</name>
        <lei>655600LP4PHNNE8FAX71</lei>
        <title>TongFu Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000006C3"/>
          <ticker value="002156"/>
          <other otherDesc="SEDOL" value="BD5M001"/>
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        <balance>25700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hubei Dinglong Co Ltd</name>
        <lei>N/A</lei>
        <title>Hubei Dinglong Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000LM7"/>
          <ticker value="300054"/>
          <other otherDesc="SEDOL" value="BD5LYD9"/>
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        <balance>22800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hengtong Optic-electric Co Ltd</name>
        <lei>655600VKTXMT2WKBE151</lei>
        <title>Hengtong Optic-electric Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001FQ9"/>
          <ticker value="600487"/>
          <other otherDesc="SEDOL" value="BP3RFS5"/>
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        <balance>56200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bluestar Adisseo Co</name>
        <lei>300300OQC145900DQ319</lei>
        <title>Bluestar Adisseo Co</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001253"/>
          <ticker value="600299"/>
          <other otherDesc="SEDOL" value="6246295"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WEIMING</name>
        <lei>300300MI4URDDZP5ZT02</lei>
        <title>Zhejiang Weiming Environment Protection Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000023N5"/>
          <ticker value="603568"/>
          <other otherDesc="SEDOL" value="BXN62D2"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SITI</name>
        <lei>300300D1004861000096</lei>
        <title>Shaanxi International Trust Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE0000004F3"/>
          <ticker value="000563"/>
          <other otherDesc="SEDOL" value="6780287"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Anhui Kouzi Distillery Co Ltd</name>
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        <title>Anhui Kouzi Distillery Co Ltd</title>
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          <isin value="CNE1000022S6"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>XTC New Energy Materials Xiame</name>
        <lei>N/A</lei>
        <title>XTC New Energy Materials Xiamen Co Ltd</title>
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          <isin value="CNE100004NQ6"/>
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          <other otherDesc="SEDOL" value="BNHPPQ9"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>Zhuzhou Kibing Group Co Ltd</name>
        <lei>300300RWM4DKUZFOIT68</lei>
        <title>Zhuzhou Kibing Group Co Ltd</title>
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          <isin value="CNE100001666"/>
          <ticker value="601636"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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      <invstOrSec>
        <name>Jiangsu Xukuang Energy Co Ltd</name>
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        <title>Jiangsu Xukuang Energy Co Ltd</title>
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          <isin value="CNE100006012"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bank of Suzhou Co Ltd</name>
        <lei>300300C1115332000047</lei>
        <title>Bank of Suzhou Co Ltd</title>
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          <isin value="CNE100003LQ2"/>
          <ticker value="002966"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GDHEC CO.,LTD</name>
        <lei>N/A</lei>
        <title>Guangdong HEC Technology Holding Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000BL1"/>
          <ticker value="600673"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ZHONGTIAN</name>
        <lei>300300PASGA31QOFFQ40</lei>
        <title>Zhongtian Financial Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FL2"/>
          <ticker value="000540"/>
          <other otherDesc="SEDOL" value="BD5CNH9"/>
        </identifiers>
        <balance>103500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Railway Construction Hea</name>
        <lei>N/A</lei>
        <title>China Railway Construction Heavy Industry Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005121"/>
          <ticker value="688425"/>
          <other otherDesc="SEDOL" value="BNHPN76"/>
        </identifiers>
        <balance>47953.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>26354.75000000</valUSD>
        <pctVal>0.098082236645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BINJIANG GROUP</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>6700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>8712.89000000</valUSD>
        <pctVal>0.032426023348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>3200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>18737.32000000</valUSD>
        <pctVal>0.069733093819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>12400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6126.60000000</valUSD>
        <pctVal>0.022800847324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>18200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>26648.44000000</valUSD>
        <pctVal>0.099175237795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Guobo Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>Guobo Electronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005Q55"/>
          <ticker value="688375"/>
          <other otherDesc="SEDOL" value="BRF3240"/>
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        <balance>1841.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>14591.97000000</valUSD>
        <pctVal>0.054305696493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Longsys Electronics C</name>
        <lei>N/A</lei>
        <title>Shenzhen Longsys Electronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005K10"/>
          <ticker value="301308"/>
          <other otherDesc="SEDOL" value="BNHSQK9"/>
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        <balance>3700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>36551.70000000</valUSD>
        <pctVal>0.136031360160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Meihua Holdings Group Co Ltd</name>
        <lei>300300T0DPJPWDP2WE30</lei>
        <title>Meihua Holdings Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HP9"/>
          <ticker value="600873"/>
          <other otherDesc="SEDOL" value="6878706"/>
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        <balance>42600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>61961.06000000</valUSD>
        <pctVal>0.230595219066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SITI</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="BD5CF84"/>
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        <balance>68250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>32110.74000000</valUSD>
        <pctVal>0.119503816182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>36800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>39735.19000000</valUSD>
        <pctVal>0.147879084746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>12940.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>20114.08000000</valUSD>
        <pctVal>0.074856864681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KAIFA</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"/>
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        <balance>8800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21104.46000000</valUSD>
        <pctVal>0.078542677884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FEILIHUA</name>
        <lei>300300D7Q9Z0S7B25G79</lei>
        <title>Hubei Feilihua Quartz Glass Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001XR9"/>
          <ticker value="300395"/>
          <other otherDesc="SEDOL" value="BQ4ZKN5"/>
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        <balance>1700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10567.64000000</valUSD>
        <pctVal>0.039328689031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GREATSTAR</name>
        <lei>8368005I1ISRY6YIFM48</lei>
        <title>Hangzhou GreatStar Industrial Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000RC5"/>
          <ticker value="002444"/>
          <other otherDesc="SEDOL" value="B3NVRR6"/>
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        <balance>11353.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.138271884123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CTYC</name>
        <lei>N/A</lei>
        <title>Haohua Chemical Science &amp; Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016V4"/>
          <ticker value="600378"/>
          <other otherDesc="SEDOL" value="BP3RJS3"/>
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        <balance>10700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>35581.03000000</valUSD>
        <pctVal>0.132418899991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>34000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>56700.00000000</balance>
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        <pctVal>0.097522915105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tianneng Battery Group Co Ltd</name>
        <lei>300300NOKZOLM51U7U67</lei>
        <title>Tianneng Battery Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004C29"/>
          <ticker value="688819"/>
          <other otherDesc="SEDOL" value="BNHPPT2"/>
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        <balance>921.00000000</balance>
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        <valUSD>3439.71000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SINOPHARM CNMC</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"/>
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        <balance>5900.00000000</balance>
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        <pctVal>0.091452886377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>2180.00000000</balance>
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        <valUSD>6529.14000000</valUSD>
        <pctVal>0.024298946283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SDPG</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"/>
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        <balance>13000.00000000</balance>
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        <valUSD>38736.76000000</valUSD>
        <pctVal>0.144163312540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FiberHome</name>
        <lei>N/A</lei>
        <title>Fiberhome Telecommunication Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000018P2"/>
          <ticker value="600498"/>
          <other otherDesc="SEDOL" value="6388885"/>
        </identifiers>
        <balance>1400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>3901.57000000</valUSD>
        <pctVal>0.014520141986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>62800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>20482.15000000</valUSD>
        <pctVal>0.076226679566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xingye Silver &amp; Tin</name>
        <lei>N/A</lei>
        <title>Inner Mongolia Xingye Silver&amp;Tin Mining Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000D24"/>
          <ticker value="000426"/>
          <other otherDesc="SEDOL" value="BD5LTX4"/>
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        <balance>35700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>65550.50000000</valUSD>
        <pctVal>0.243953733319</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>12837.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>27026.95000000</valUSD>
        <pctVal>0.100583906343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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"/>
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        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9598.49000000</valUSD>
        <pctVal>0.035721885717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yonghui Superstores Co Ltd</name>
        <lei>300300KBS8U07A3B5A45</lei>
        <title>Yonghui Superstores Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000XX9"/>
          <ticker value="601933"/>
          <other otherDesc="SEDOL" value="B3V4ND5"/>
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        <balance>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6220.42000000</valUSD>
        <pctVal>0.023150009257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Film Co Ltd</name>
        <lei>3003009UJKOPLIVUPE53</lei>
        <title>China Film Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GX0"/>
          <ticker value="600977"/>
          <other otherDesc="SEDOL" value="BZ5YBS6"/>
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        <balance>1800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2573.11000000</valUSD>
        <pctVal>0.009576125136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6093.99000000</valUSD>
        <pctVal>0.022679485454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Port Co Ltd</name>
        <lei>529900N68F8UROUIBV86</lei>
        <title>Liaoning Port Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000X77"/>
          <ticker value="601880"/>
          <other otherDesc="SEDOL" value="BP3RBC1"/>
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        <balance>189400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>38903.58000000</valUSD>
        <pctVal>0.144784152378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DSBJ</name>
        <lei>300300PUYVPZAJYVAE50</lei>
        <title>Suzhou Dongshan Precision Manufacturing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000N79"/>
          <ticker value="002384"/>
          <other otherDesc="SEDOL" value="B4TJ298"/>
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        <balance>6900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>26966.82000000</valUSD>
        <pctVal>0.100360125624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 COMMERC</name>
        <lei>300300C1115432000063</lei>
        <title>Jiangsu Changshu Rural Commercial Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RJ6"/>
          <ticker value="601128"/>
          <other otherDesc="SEDOL" value="BFF1Z18"/>
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        <balance>70080.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>77031.30000000</valUSD>
        <pctVal>0.286680852433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU CHANGSHU RURAL COMMERC</name>
        <lei>300300C1115432000063</lei>
        <title>Jiangsu Changshu Rural Commercial Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RJ6"/>
          <ticker value="601128"/>
          <other otherDesc="SEDOL" value="BDFBDR6"/>
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        <balance>13420.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>14751.14000000</valUSD>
        <pctVal>0.054898065975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JZEG</name>
        <lei>300300RB4ZPQVWNPOM87</lei>
        <title>Jizhong Energy Resources Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000010H6"/>
          <ticker value="000937"/>
          <other otherDesc="SEDOL" value="6170015"/>
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        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>14877.94000000</valUSD>
        <pctVal>0.055369966775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Western Superconducting Techno</name>
        <lei>300300IUC83XEOSKRG67</lei>
        <title>Western Superconducting Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003MF3"/>
          <ticker value="688122"/>
          <other otherDesc="SEDOL" value="BK71F00"/>
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        <balance>11128.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>76464.17000000</valUSD>
        <pctVal>0.284570212838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BEIJING CAPITAL</name>
        <lei>30030025XAP88XOR8484</lei>
        <title>Beijing Capital Eco-Environment Protection Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001295"/>
          <ticker value="600008"/>
          <other otherDesc="SEDOL" value="BP3R7K1"/>
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        <balance>98750.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>43719.55000000</valUSD>
        <pctVal>0.162707339250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JUNZHENG</name>
        <lei>3003006C9ZMCTO771B16</lei>
        <title>Inner Mongolia Junzheng Energy &amp; Chemical Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000010F8"/>
          <ticker value="601216"/>
          <other otherDesc="SEDOL" value="B4THGF6"/>
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        <balance>8400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIVZON GROUP</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"/>
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        <balance>6328.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>6000.00000000</balance>
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        <pctVal>0.035639228645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ZLD</name>
        <lei>3003003Q7265DHFXJU95</lei>
        <title>China Green Electricity Investment of Tianjin Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000271"/>
          <ticker value="000537"/>
          <other otherDesc="SEDOL" value="BFY8G73"/>
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        <balance>14300.00000000</balance>
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        <valUSD>16968.76000000</valUSD>
        <pctVal>0.063151194145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>21199.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>YUTO TECH.</name>
        <lei>300300FSMGQ1XKYWTT66</lei>
        <title>Shenzhen YUTO Packaging Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002H00"/>
          <ticker value="002831"/>
          <other otherDesc="SEDOL" value="BD6QWS4"/>
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        <balance>6080.00000000</balance>
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        <valUSD>20184.25000000</valUSD>
        <pctVal>0.075118010415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Suzhou Co Ltd</name>
        <lei>300300C1115332000047</lei>
        <title>Bank of Suzhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003LQ2"/>
          <ticker value="002966"/>
          <other otherDesc="SEDOL" value="BJ11RM5"/>
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        <balance>11060.00000000</balance>
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        <valUSD>13385.04000000</valUSD>
        <pctVal>0.049813967530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Aisino Corp</name>
        <lei>300300NIFA1100045155</lei>
        <title>Aisino Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FB1"/>
          <ticker value="600271"/>
          <other otherDesc="SEDOL" value="6651297"/>
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        <balance>26800.00000000</balance>
        <units>NS</units>
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        <valUSD>32545.49000000</valUSD>
        <pctVal>0.121121788364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>2900.00000000</balance>
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        <valUSD>41580.36000000</valUSD>
        <pctVal>0.154746097356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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="BPLWPC6"/>
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        <balance>23760.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>58597.87000000</valUSD>
        <pctVal>0.218078720239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hangjin Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Hangjin Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000T67"/>
          <ticker value="000818"/>
          <other otherDesc="SEDOL" value="BD6QV09"/>
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        <balance>16600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.189487151403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TALKWEB</name>
        <lei>N/A</lei>
        <title>Talkweb Information System Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CF0"/>
          <ticker value="002261"/>
          <other otherDesc="SEDOL" value="BD5CD80"/>
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        <balance>28800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>117073.82000000</valUSD>
        <pctVal>0.435703701161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GLMS SEC</name>
        <lei>529900KPCMJWM8DFU805</lei>
        <title>Guolian Minsheng Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000041D8"/>
          <ticker value="601456"/>
          <other otherDesc="SEDOL" value="BMCZBW5"/>
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        <balance>33400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>45937.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GRG Banking Equipment Co Ltd</name>
        <lei>836800SWXACTDG5DWE68</lei>
        <title>GRG Banking Equipment Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000650"/>
          <ticker value="002152"/>
          <other otherDesc="SEDOL" value="BD5CLH5"/>
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        <balance>23700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>39931.44000000</valUSD>
        <pctVal>0.148609451717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DHC Software Co Ltd</name>
        <lei>300300NIFA1100061160</lei>
        <title>DHC Software Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NL4"/>
          <ticker value="002065"/>
          <other otherDesc="SEDOL" value="BD5CNL3"/>
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        <balance>47900.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.225884100891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zhuhai CosMX Battery Co Ltd</name>
        <lei>836800DPQ7MYBDLKDU17</lei>
        <title>Zhuhai CosMX Battery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005030"/>
          <ticker value="688772"/>
          <other otherDesc="SEDOL" value="BK80V86"/>
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        <balance>5515.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10348.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zhuhai CosMX Battery Co Ltd</name>
        <lei>836800DPQ7MYBDLKDU17</lei>
        <title>Zhuhai CosMX Battery Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005030"/>
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          <other otherDesc="SEDOL" value="BNHPPN6"/>
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        <balance>14915.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zhongfu Shenying Carbon Fiber</name>
        <lei>N/A</lei>
        <title>Zhongfu Shenying Carbon Fiber Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000059J7"/>
          <ticker value="688295"/>
          <other otherDesc="SEDOL" value="BMXD2B4"/>
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        <balance>365.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Qilu Bank Co Ltd</name>
        <lei>300300C1088137000022</lei>
        <title>Qilu Bank Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005154"/>
          <ticker value="601665"/>
          <other otherDesc="SEDOL" value="BP91NB0"/>
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        <balance>65900.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HWHG</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"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NANJING KING-FRIEND BIOCHEMICA</name>
        <lei>655600XP89T7FDWYHL68</lei>
        <title>Nanjing King-Friend Biochemical Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002WP3"/>
          <ticker value="603707"/>
          <other otherDesc="SEDOL" value="BF4LT40"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zhejiang Sanmei Chemical Indus</name>
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        <title>Zhejiang Sanmei Chemical Industry Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003LM1"/>
          <ticker value="603379"/>
          <other otherDesc="SEDOL" value="BJMTK41"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ming Yang Smart Energy Group L</name>
        <lei>300300W76R6UJHEZL847</lei>
        <title>Ming Yang Smart Energy Group Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003HQ0"/>
          <ticker value="601615"/>
          <other otherDesc="SEDOL" value="BK94864"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BGI Genomics Co Ltd</name>
        <lei>N/A</lei>
        <title>BGI Genomics Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003449"/>
          <ticker value="300676"/>
          <other otherDesc="SEDOL" value="BDZVZJ2"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AVICOPTER PLC</name>
        <lei>N/A</lei>
        <title>AVICOPTER PLC</title>
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          <isin value="CNE0000015V6"/>
          <ticker value="600038"/>
          <other otherDesc="SEDOL" value="6306586"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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="BD5CLG4"/>
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        <balance>8000.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sinopec Oilfield Service Corp</name>
        <lei>529900PN1CSRM4SXH490</lei>
        <title>Sinopec Oilfield Service Corp</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000HS3"/>
          <ticker value="600871"/>
          <other otherDesc="SEDOL" value="BWT5TJ1"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Baiyun Airport</name>
        <lei>300300HCH80SKW83W383</lei>
        <title>Guangzhou Baiyun International Airport Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001DX0"/>
          <ticker value="600004"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Farasis Energy Gan Zhou Co Ltd</name>
        <lei>655600667MLBZ8U4PV51</lei>
        <title>Farasis Energy Gan Zhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000041T4"/>
          <ticker value="688567"/>
          <other otherDesc="SEDOL" value="BNHPNL0"/>
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        <balance>5043.00000000</balance>
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        <valUSD>9000.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Huafon Chemical Co Ltd</name>
        <lei>300300Z8ACP5RSQRBQ16</lei>
        <title>Huafon Chemical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NK6"/>
          <ticker value="002064"/>
          <other otherDesc="SEDOL" value="BD5M089"/>
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        <balance>55100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>iRay Group</name>
        <lei>30030001U2KA1D3CS476</lei>
        <title>iRay Group</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000042V8"/>
          <ticker value="688301"/>
          <other otherDesc="SEDOL" value="BQ3RXC2"/>
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        <balance>2085.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MGI Tech Co Ltd</name>
        <lei>300300BUXXDJ2MITLZ69</lei>
        <title>MGI Tech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005PC8"/>
          <ticker value="688114"/>
          <other otherDesc="SEDOL" value="BP6KLT4"/>
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        <balance>514.00000000</balance>
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        <pctVal>0.018722105994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>7100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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="BD5CD79"/>
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        <balance>12460.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Qi An Xin Technology Group Inc</name>
        <lei>N/A</lei>
        <title>Qi An Xin Technology Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000041K3"/>
          <ticker value="688561"/>
          <other otherDesc="SEDOL" value="BNHPNK9"/>
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        <balance>8324.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yili Chuanning Biotechnology C</name>
        <lei>65560014DI6P8LN65I53</lei>
        <title>Yili Chuanning Biotechnology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005WX0"/>
          <ticker value="301301"/>
          <other otherDesc="SEDOL" value="BNHSQH6"/>
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        <balance>19200.00000000</balance>
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        <valUSD>34481.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sunwoda Electronic Co Ltd</name>
        <lei>836800CQGW5QDXND0Q43</lei>
        <title>Sunwoda Electronic Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001260"/>
          <ticker value="300207"/>
          <other otherDesc="SEDOL" value="BD5CCV6"/>
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        <balance>39300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gambol Pet Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Gambol Pet Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000066L8"/>
          <ticker value="301498"/>
          <other otherDesc="SEDOL" value="BN4P551"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bank of Changsha Co Ltd</name>
        <lei>300300C1086243000041</lei>
        <title>Bank of Changsha Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003F50"/>
          <ticker value="601577"/>
          <other otherDesc="SEDOL" value="BK94875"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Xuji Electric Co Ltd</name>
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        <title>Xuji Electric Co Ltd</title>
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          <isin value="CNE0000007F6"/>
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          <other otherDesc="SEDOL" value="BD5CJB5"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>STEC</name>
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        <title>Shanghai Tunnel Engineering Co Ltd</title>
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          <isin value="CNE000000B83"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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      <invstOrSec>
        <name>Yunnan Yuntianhua Co Ltd</name>
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          <isin value="CNE000000S01"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>Polaris Bay Group Co Ltd</name>
        <lei>300300M4188ZJH3H5A81</lei>
        <title>Polaris Bay Group Co Ltd</title>
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          <isin value="CNE000000X53"/>
          <ticker value="600155"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>PHOENIX MEDIA</name>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>YQMY</name>
        <lei>300300L5SFN6WQCTM144</lei>
        <title>Shan Xi Hua Yang Group New Energy Co Ltd</title>
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          <isin value="CNE000001FP1"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>Shenzhen MTC Co Ltd</name>
        <lei>3003008ZONBTG6638Y63</lei>
        <title>Shenzhen MTC Co Ltd</title>
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          <isin value="CNE100000Q50"/>
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          <other otherDesc="SEDOL" value="B511TV0"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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      <invstOrSec>
        <name>Shanghai Allist Pharmaceutical</name>
        <lei>N/A</lei>
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          <isin value="CNE100005XJ7"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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      <invstOrSec>
        <name>SCC</name>
        <lei>300300DO5BIWPN5EF055</lei>
        <title>Sichuan New Energy Power Co Ltd</title>
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          <isin value="CNE0000014Z0"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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      <invstOrSec>
        <name>GHXW</name>
        <lei>N/A</lei>
        <title>Beijing Sinnet Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <ticker value="300383"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINASOFT</name>
        <lei>3003006LDUEHU3TGWS06</lei>
        <title>China National Software &amp; Service Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BB0"/>
          <ticker value="600536"/>
          <other otherDesc="SEDOL" value="6536048"/>
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        <balance>3706.00000000</balance>
        <units>NS</units>
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        <valUSD>22636.26000000</valUSD>
        <pctVal>0.084243447958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>7800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>8909.28000000</valUSD>
        <pctVal>0.033156911346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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"/>
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        <balance>10800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>17282.28000000</valUSD>
        <pctVal>0.064317994924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JCHX Mining Management Co Ltd</name>
        <lei>300300I7N1GGC3X0M541</lei>
        <title>JCHX Mining Management Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000022P2"/>
          <ticker value="603979"/>
          <other otherDesc="SEDOL" value="BZ76QG3"/>
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        <balance>10900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>59179.77000000</valUSD>
        <pctVal>0.220244328090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>3200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2411.56000000</valUSD>
        <pctVal>0.008974898210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>13032.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>47133.90000000</valUSD>
        <pctVal>0.175414235908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIC Heavy Industries Co Ltd</name>
        <lei>300300TK4X6AKPJCG226</lei>
        <title>CITIC Heavy Industries Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001SX7"/>
          <ticker value="601608"/>
          <other otherDesc="SEDOL" value="B4JQJR6"/>
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        <balance>41200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>25102.08000000</valUSD>
        <pctVal>0.093420281006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HBC</name>
        <lei>30030072W72E4N589G74</lei>
        <title>Sichuan Hebang Biotechnology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001JM9"/>
          <ticker value="603077"/>
          <other otherDesc="SEDOL" value="BP3RF41"/>
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        <balance>99420.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>24146.81000000</valUSD>
        <pctVal>0.089865133710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Erdos</name>
        <lei>300300UPV0ZBASQKK574</lei>
        <title>Inner Mongolia ERDOS Resources Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017T6"/>
          <ticker value="600295"/>
          <other otherDesc="SEDOL" value="BP3RH89"/>
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        <balance>16700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21578.14000000</valUSD>
        <pctVal>0.080305532545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Suzhou Novosense Microelectron</name>
        <lei>N/A</lei>
        <title>Suzhou Novosense Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005972"/>
          <ticker value="688052"/>
          <other otherDesc="SEDOL" value="BNDKP68"/>
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        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>73573.62000000</valUSD>
        <pctVal>0.273812698192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JINJIANG SHARES</name>
        <lei>300300KOJEHP8FQX5092</lei>
        <title>Shanghai Jinjiang International Hotels Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000MK0"/>
          <ticker value="600754"/>
          <other otherDesc="SEDOL" value="BP3RD03"/>
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        <balance>11000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>35006.18000000</valUSD>
        <pctVal>0.130279529527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank of Guiyang Co Ltd</name>
        <lei>300300C1080552000050</lei>
        <title>Bank of Guiyang Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FX2"/>
          <ticker value="601997"/>
          <other otherDesc="SEDOL" value="BD1FTB8"/>
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        <balance>66700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>56468.16000000</valUSD>
        <pctVal>0.210152759257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Beijing Yanjing Brewery Co Ltd</name>
        <lei>N/A</lei>
        <title>Beijing Yanjing Brewery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S84"/>
          <ticker value="000729"/>
          <other otherDesc="SEDOL" value="BD5CKK1"/>
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        <balance>19800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>38719.00000000</valUSD>
        <pctVal>0.144097216655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>4540.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>15065.49000000</valUSD>
        <pctVal>0.056067955695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Yonghui Superstores Co Ltd</name>
        <lei>300300KBS8U07A3B5A45</lei>
        <title>Yonghui Superstores Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000XX9"/>
          <ticker value="601933"/>
          <other otherDesc="SEDOL" value="BP3R5Q3"/>
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        <balance>118500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DBN</name>
        <lei>300300QCKQAYV9F44G81</lei>
        <title>Beijing Dabeinong Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000N61"/>
          <ticker value="002385"/>
          <other otherDesc="SEDOL" value="BD5CMP0"/>
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        <balance>81862.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>7500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>14400.00000000</balance>
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        <pctVal>0.076311383526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASR Microelectronics Co Ltd</name>
        <lei>N/A</lei>
        <title>ASR Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005RF7"/>
          <ticker value="688220"/>
          <other otherDesc="SEDOL" value="BNBQ5F7"/>
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        <balance>884.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HONGDA BLASTING</name>
        <lei>300300P4C4XSS3DX5645</lei>
        <title>Guangdong Hongda Holdings Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001F37"/>
          <ticker value="002683"/>
          <other otherDesc="SEDOL" value="BHQPRQ2"/>
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        <balance>10900.00000000</balance>
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        <valUSD>46200.16000000</valUSD>
        <pctVal>0.171939214986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>15272.00000000</balance>
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        <valUSD>25625.37000000</valUSD>
        <pctVal>0.095367764993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Qingdao Rural Commercial Bank</name>
        <lei>300300C1194637000087</lei>
        <title>Qingdao Rural Commercial Bank Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003JQ6"/>
          <ticker value="002958"/>
          <other otherDesc="SEDOL" value="BK4XYB3"/>
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      <invstOrSec>
        <name>Guoyuan Securities Co Ltd</name>
        <lei>300300E1007634000094</lei>
        <title>Guoyuan Securities Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000QZ9"/>
          <ticker value="000728"/>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>YKYL</name>
        <lei>549300U6H4L6SSU31U28</lei>
        <title>Intco Medical Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003456"/>
          <ticker value="300677"/>
          <other otherDesc="SEDOL" value="BZ2ZTL1"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lao Feng Xiang Co Ltd</name>
        <lei>N/A</lei>
        <title>Lao Feng Xiang Co Ltd</title>
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          <isin value="CNE000000537"/>
          <ticker value="600612"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Zhejiang Longsheng</name>
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        <title>Zhejiang Longsheng Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001FJ4"/>
          <ticker value="600352"/>
          <other otherDesc="SEDOL" value="6673280"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NHWA</name>
        <lei>N/A</lei>
        <title>Jiangsu Nhwa Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000CG8"/>
          <ticker value="002262"/>
          <other otherDesc="SEDOL" value="BD5M197"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Piotech Inc</name>
        <lei>N/A</lei>
        <title>Piotech Inc</title>
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          <isin value="CNE100005998"/>
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          <other otherDesc="SEDOL" value="BNDKP79"/>
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        <balance>4012.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ASR Microelectronics Co Ltd</name>
        <lei>N/A</lei>
        <title>ASR Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005RF7"/>
          <ticker value="688220"/>
          <other otherDesc="SEDOL" value="BNHPM46"/>
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        <balance>5060.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JUMPCAN PHARMACEUTICAL CO., LT</name>
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        <cusip>000000000</cusip>
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          <isin value="CNE0000018X6"/>
          <ticker value="600566"/>
          <other otherDesc="SEDOL" value="6391560"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shanxi Meijin Energy Co Ltd</name>
        <lei>83680052S2RHEGMUGF37</lei>
        <title>Shanxi Meijin Energy Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE0000005J2"/>
          <ticker value="000723"/>
          <other otherDesc="SEDOL" value="6003940"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>QLS</name>
        <lei>3003009XTTP8QDFG7I04</lei>
        <title>CCCC Design &amp; Consulting Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000L65"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GREATWALL COMPUTER</name>
        <lei>300300F9K0AHRKFBOK05</lei>
        <title>China Greatwall Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000RL7"/>
          <ticker value="000066"/>
          <other otherDesc="SEDOL" value="BD5CKJ0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sinomine Resource Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Sinomine Resource Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100001WV3"/>
          <ticker value="002738"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>YONGXING MATERIALS</name>
        <lei>300300ULJO6T9VWWOQ73</lei>
        <title>YongXing Special Materials Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100001XB3"/>
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          <other otherDesc="SEDOL" value="BX3G6Z2"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Changjiang Securities Co Ltd</name>
        <lei>300300E1003242000047</lei>
        <title>Changjiang Securities Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000SH3"/>
          <ticker value="000783"/>
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        <invCountry>CN</invCountry>
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        <name>Canmax Technologies Co Ltd</name>
        <lei>8368000VRYF7HAR81G71</lei>
        <title>Canmax Technologies Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100001XM0"/>
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          <other otherDesc="SEDOL" value="BMQBTG9"/>
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        <assetCat>EC</assetCat>
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        <name>LJZ</name>
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        <title>Shanghai Lujiazui Finance &amp; Trade Zone Development Co Ltd</title>
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        <assetCat>EC</assetCat>
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        <name>Beiqi Foton Motor Co Ltd</name>
        <lei>3003001SZQ9DJEIWZK14</lei>
        <title>Beiqi Foton Motor Co Ltd</title>
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        <name>SUN PAPER</name>
        <lei>3003003IDX6WN6H5CH12</lei>
        <title>Shandong Sun Paper Industry JSC Ltd</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>Sealand Securities Co Ltd</name>
        <lei>300300E1000345000084</lei>
        <title>Sealand Securities Co Ltd</title>
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          <isin value="CNE0000008K4"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>JIULI INC.</name>
        <lei>3003004BILR3TF71Z635</lei>
        <title>Zhejiang JIULI Hi-tech Metals Co Ltd</title>
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          <ticker value="002318"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CCTECH</name>
        <lei>N/A</lei>
        <title>Hangzhou Chang Chuan Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002Q09"/>
          <ticker value="300604"/>
          <other otherDesc="SEDOL" value="BMTCW71"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <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="BL4P3Y2"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KANGTAI BIOLOGICAL</name>
        <lei>300300DTC3W6PCLFRJ05</lei>
        <title>Shenzhen Kangtai Biological Products Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002Q33"/>
          <ticker value="300601"/>
          <other otherDesc="SEDOL" value="BFY8HT2"/>
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        <balance>18560.00000000</balance>
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        <valUSD>36809.35000000</valUSD>
        <pctVal>0.136990234301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>12736.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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="6115522"/>
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        <balance>115200.00000000</balance>
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        <valUSD>44447.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </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"/>
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        <balance>35200.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.210719858972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Seazen Holdings Co Ltd</name>
        <lei>300300TGAEBDZS3VS786</lei>
        <title>Seazen Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BF8"/>
          <ticker value="601155"/>
          <other otherDesc="SEDOL" value="BZ3F6M0"/>
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        <balance>25000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>43717.82000000</valUSD>
        <pctVal>0.162700900856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JIANGNAN RED ARROW</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"/>
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        <balance>17547.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>40523.24000000</valUSD>
        <pctVal>0.150811903558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Stonehill Technology</name>
        <lei>N/A</lei>
        <title>Shanghai Stonehill Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008K2"/>
          <ticker value="002195"/>
          <other otherDesc="SEDOL" value="B29LC34"/>
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        <balance>21733.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>17041.82000000</valUSD>
        <pctVal>0.063423095347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </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"/>
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        <balance>10700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>16988.61000000</valUSD>
        <pctVal>0.063225068205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DMEGC</name>
        <lei>655600E3R8NAYSJHBN36</lei>
        <title>Hengdian Group DMEGC Magnetics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001N70"/>
          <ticker value="002056"/>
          <other otherDesc="SEDOL" value="BD5C8D0"/>
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        <balance>14000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>25064.88000000</valUSD>
        <pctVal>0.093281836922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Meihua Holdings Group Co Ltd</name>
        <lei>300300T0DPJPWDP2WE30</lei>
        <title>Meihua Holdings Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HP9"/>
          <ticker value="600873"/>
          <other otherDesc="SEDOL" value="BP3R6S2"/>
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        <balance>13900.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>20217.34000000</valUSD>
        <pctVal>0.075241158660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CNS</name>
        <lei>N/A</lei>
        <title>China South Publishing &amp; Media Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000W03"/>
          <ticker value="601098"/>
          <other otherDesc="SEDOL" value="BP3R507"/>
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        <balance>8300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shanghai Fudan Microelectronic</name>
        <lei>300300MN0B6IF027O317</lei>
        <title>Shanghai Fudan Microelectronics Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004PL2"/>
          <ticker value="688385"/>
          <other otherDesc="SEDOL" value="BP7MLC2"/>
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        <balance>9827.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <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"/>
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          <other otherDesc="SEDOL" value="BFMXLL9"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HAN'S LASER</name>
        <lei>300300MZXZR87BGKOZ23</lei>
        <title>Han's Laser Technology Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001JQ1"/>
          <ticker value="002008"/>
          <other otherDesc="SEDOL" value="B01KLZ0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ULTRAPOWER</name>
        <lei>3003009GAHTJ9CTNFB80</lei>
        <title>Beijing Ultrapower Software Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000H51"/>
          <ticker value="300002"/>
          <other otherDesc="SEDOL" value="BD5CLJ7"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>SUN PAPER</name>
        <lei>3003003IDX6WN6H5CH12</lei>
        <title>Shandong Sun Paper Industry JSC Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001P52"/>
          <ticker value="002078"/>
          <other otherDesc="SEDOL" value="B1G5XV7"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CICT Mobile Communication Tech</name>
        <lei>N/A</lei>
        <title>CICT Mobile Communication Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005P31"/>
          <ticker value="688387"/>
          <other otherDesc="SEDOL" value="BM9T982"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Keboda Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Keboda Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003P41"/>
          <ticker value="603786"/>
          <other otherDesc="SEDOL" value="BK71FZ5"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chinalin Securities Co Ltd</name>
        <lei>300300E1010854000066</lei>
        <title>Chinalin Securities Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003JH5"/>
          <ticker value="002945"/>
          <other otherDesc="SEDOL" value="BNR4M54"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Accelink Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>Accelink Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000F87"/>
          <ticker value="002281"/>
          <other otherDesc="SEDOL" value="BD5C8C9"/>
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        <balance>8622.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>4700.00000000</balance>
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        <valUSD>5766.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>37400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>82011.85000000</valUSD>
        <pctVal>0.305216542725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dongxing Securities Co Ltd</name>
        <lei>3003005E7NY9IQW9AF89</lei>
        <title>Dongxing Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002177"/>
          <ticker value="601198"/>
          <other otherDesc="SEDOL" value="BVV6QH2"/>
        </identifiers>
        <balance>12100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>17162.64000000</valUSD>
        <pctVal>0.063872740888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Group Co Ltd</name>
        <lei>300300PBRRWGVD4VNQ86</lei>
        <title>China Meheco Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Q29"/>
          <ticker value="600056"/>
          <other otherDesc="SEDOL" value="BP3R8X1"/>
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        <balance>11381.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>16569.29000000</valUSD>
        <pctVal>0.061664520544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WSDL</name>
        <lei>N/A</lei>
        <title>China Southern Power Grid Energy Storage Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JD9"/>
          <ticker value="600995"/>
          <other otherDesc="SEDOL" value="B01G5X4"/>
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        <balance>1500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2108.86000000</valUSD>
        <pctVal>0.007848365306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bethel Automotive Safety Syste</name>
        <lei>836800IIW68UMVMAXN36</lei>
        <title>Bethel Automotive Safety Systems Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000030Y7"/>
          <ticker value="603596"/>
          <other otherDesc="SEDOL" value="BFYX623"/>
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        <balance>11780.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>89478.49000000</valUSD>
        <pctVal>0.333004503204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVICOPTER PLC</name>
        <lei>N/A</lei>
        <title>AVICOPTER PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000015V6"/>
          <ticker value="600038"/>
          <other otherDesc="SEDOL" value="BP3R6T3"/>
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        <balance>11800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>60283.12000000</valUSD>
        <pctVal>0.224350572156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JASON FURNITURE HANGZHOU CO LT</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"/>
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        <balance>12600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>43717.82000000</valUSD>
        <pctVal>0.162700900856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Petroleum Engineering Co</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"/>
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        <balance>42100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>18229.91000000</valUSD>
        <pctVal>0.067844709080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Lanzhou Co Ltd</name>
        <lei>300300C1082562000003</lei>
        <title>Bank of Lanzhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000056L9"/>
          <ticker value="001227"/>
          <other otherDesc="SEDOL" value="BP91BK5"/>
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        <balance>29900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10000.83000000</valUSD>
        <pctVal>0.037219240353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CFHI</name>
        <lei>300300XL9QDDBPWJKK85</lei>
        <title>China First Heavy Industries Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000L48"/>
          <ticker value="601106"/>
          <other otherDesc="SEDOL" value="B60B6Z1"/>
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        <balance>78500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>29415.85000000</valUSD>
        <pctVal>0.109474472754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>34800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>29654.84000000</valUSD>
        <pctVal>0.110363901556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GRG Banking Equipment Co Ltd</name>
        <lei>836800SWXACTDG5DWE68</lei>
        <title>GRG Banking Equipment Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000650"/>
          <ticker value="002152"/>
          <other otherDesc="SEDOL" value="B23GZT2"/>
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        <balance>16400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>27631.88000000</valUSD>
        <pctVal>0.102835222990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WESTONE</name>
        <lei>N/A</lei>
        <title>CETC Cyberspace Security Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CM6"/>
          <ticker value="002268"/>
          <other otherDesc="SEDOL" value="B3BXJ45"/>
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        <balance>8180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>18255.23000000</valUSD>
        <pctVal>0.067938940375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Everdisplay Optronics Shanghai</name>
        <lei>N/A</lei>
        <title>Everdisplay Optronics Shanghai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000051N6"/>
          <ticker value="688538"/>
          <other otherDesc="SEDOL" value="BMXT0H4"/>
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        <balance>108253.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>35306.59000000</valUSD>
        <pctVal>0.131397539931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shaanxi Beiyuan Chemical Indus</name>
        <lei>N/A</lei>
        <title>Shaanxi Beiyuan Chemical Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005XC2"/>
          <ticker value="601568"/>
          <other otherDesc="SEDOL" value="BM8FWR1"/>
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        <balance>28990.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.062589862933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JIUZHOU PHARMACEUTICAL</name>
        <lei>300300M9CIE6UX0BWZ27</lei>
        <title>Zhejiang Jiuzhou Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001W36"/>
          <ticker value="603456"/>
          <other otherDesc="SEDOL" value="BMQBVL8"/>
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        <balance>11317.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Qingdao Sentury Tire Co Ltd</name>
        <lei>N/A</lei>
        <title>Qingdao Sentury Tire Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000046G0"/>
          <ticker value="002984"/>
          <other otherDesc="SEDOL" value="BNR4M65"/>
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        <balance>19000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CR Double-Crane</name>
        <lei>3003008IFGE1S66ZZA20</lei>
        <title>China Resources Double Crane Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000Q94"/>
          <ticker value="600062"/>
          <other otherDesc="SEDOL" value="BP3R961"/>
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        <balance>8149.00000000</balance>
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        <valUSD>22065.28000000</valUSD>
        <pctVal>0.082118480144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HLA Group Corp Ltd</name>
        <lei>N/A</lei>
        <title>HLA Group Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016H3"/>
          <ticker value="600398"/>
          <other otherDesc="SEDOL" value="BS7K3T8"/>
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        <balance>17500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NMHD</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"/>
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        <balance>53400.00000000</balance>
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        <valUSD>29941.29000000</valUSD>
        <pctVal>0.111429958214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>YANGJIE TECHNOLOGY</name>
        <lei>6556009FCJ7O8QPFTC19</lei>
        <title>Yangzhou Yangjie Electronic Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001R90"/>
          <ticker value="300373"/>
          <other otherDesc="SEDOL" value="BD5LTF6"/>
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        <balance>9800.00000000</balance>
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        <valUSD>64537.22000000</valUSD>
        <pctVal>0.240182695129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CNOOC Energy Technology &amp; Serv</name>
        <lei>N/A</lei>
        <title>CNOOC Energy Technology &amp; Services Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003L78"/>
          <ticker value="600968"/>
          <other otherDesc="SEDOL" value="BK4XS88"/>
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        <balance>48600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Beijing Jingneng Power Co Ltd</name>
        <lei>300300G8NFI7FUEJ1L26</lei>
        <title>Beijing Jingneng Power Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001B82"/>
          <ticker value="600578"/>
          <other otherDesc="SEDOL" value="BP3R6Q0"/>
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        <balance>59700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Hunan Yuneng New Energy Batter</name>
        <lei>N/A</lei>
        <title>Hunan Yuneng New Energy Battery Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005YS6"/>
          <ticker value="301358"/>
          <other otherDesc="SEDOL" value="BKS7JS3"/>
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        <balance>13200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Zhuzhou Kibing Group Co Ltd</name>
        <lei>300300RWM4DKUZFOIT68</lei>
        <title>Zhuzhou Kibing Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001666"/>
          <ticker value="601636"/>
          <other otherDesc="SEDOL" value="B5KYFD4"/>
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        <balance>5500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MGI Tech Co Ltd</name>
        <lei>300300BUXXDJ2MITLZ69</lei>
        <title>MGI Tech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005PC8"/>
          <ticker value="688114"/>
          <other otherDesc="SEDOL" value="BQZDHR1"/>
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        <balance>5715.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BGI Genomics Co Ltd</name>
        <lei>N/A</lei>
        <title>BGI Genomics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003449"/>
          <ticker value="300676"/>
          <other otherDesc="SEDOL" value="BFY8H58"/>
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        <balance>6100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FangDa Carbon</name>
        <lei>300300O5JPB0SVAI9Q63</lei>
        <title>Fangda Carbon New Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001CC6"/>
          <ticker value="600516"/>
          <other otherDesc="SEDOL" value="BP3R7V2"/>
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        <balance>83400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OFFCN EDU</name>
        <lei>N/A</lei>
        <title>Offcn Education Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001641"/>
          <ticker value="002607"/>
          <other otherDesc="SEDOL" value="BHQPRN9"/>
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        <balance>128000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SICC Co Ltd</name>
        <lei>N/A</lei>
        <title>SICC Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005RH3"/>
          <ticker value="688234"/>
          <other otherDesc="SEDOL" value="BNHPPW5"/>
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        <balance>4926.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jiangsu Guoxin Corp Ltd</name>
        <lei>N/A</lei>
        <title>Jiangsu Guoxin Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001658"/>
          <ticker value="002608"/>
          <other otherDesc="SEDOL" value="BD6QVZ4"/>
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        <balance>10700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Guangdong Electric Power Devel</name>
        <lei>300300DJ4CW8UFX74G44</lei>
        <title>Guangdong Electric Power Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000006J0"/>
          <ticker value="000539"/>
          <other otherDesc="SEDOL" value="BD5CMS3"/>
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        <balance>11200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DTCI</name>
        <lei>300300PLI08AQT6KAQ96</lei>
        <title>Jinneng Holding Shanxi Coal Industry Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001MZ6"/>
          <ticker value="601001"/>
          <other otherDesc="SEDOL" value="BP3R972"/>
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        <balance>23100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ecovacs Robotics Co Ltd</name>
        <lei>836800LJ92X4OLLS2612</lei>
        <title>Ecovacs Robotics Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000031N8"/>
          <ticker value="603486"/>
          <other otherDesc="SEDOL" value="BDFWW61"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ZJHTC</name>
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        <title>Shanghai Zhangjiang High-Tech Park Development Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000JX9"/>
          <ticker value="600895"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Henan Pinggao Electric Co Ltd</name>
        <lei>300300PSM0I8NOJ2Y515</lei>
        <title>Henan Pinggao Electric Co Ltd</title>
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          <isin value="CNE000001774"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Amlogic Shanghai Co Ltd</name>
        <lei>N/A</lei>
        <title>Amlogic Shanghai Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003LZ3"/>
          <ticker value="688099"/>
          <other otherDesc="SEDOL" value="BJXJLC5"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hebei Sinopack Electronic Tech</name>
        <lei>6556002XR7PYUWW2SG08</lei>
        <title>Hebei Sinopack Electronic Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000049Q3"/>
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        <name>CNS</name>
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        <title>China South Publishing &amp; Media Group Co Ltd</title>
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      <invstOrSec>
        <name>Youngor Fashion Co Ltd</name>
        <lei>300300PRWK21S8R8F317</lei>
        <title>Youngor Fashion Co Ltd</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>YYTM</name>
        <lei>3003009LKEYMR1CGTI26</lei>
        <title>Shanghai Yuyuan Tourist Mart Group Co Ltd</title>
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        <invCountry>CN</invCountry>
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      <invstOrSec>
        <name>Bank of Guiyang Co Ltd</name>
        <lei>300300C1080552000050</lei>
        <title>Bank of Guiyang Co Ltd</title>
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          <isin value="CNE100002FX2"/>
          <ticker value="601997"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shaanxi Huaqin Technology Indu</name>
        <lei>N/A</lei>
        <title>Shaanxi Huaqin Technology Industry Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000059Z3"/>
          <ticker value="688281"/>
          <other otherDesc="SEDOL" value="BKS9DB0"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHINASOFT</name>
        <lei>3003006LDUEHU3TGWS06</lei>
        <title>China National Software &amp; Service Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BB0"/>
          <ticker value="600536"/>
          <other otherDesc="SEDOL" value="BP3R949"/>
        </identifiers>
        <balance>13132.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>80210.31000000</valUSD>
        <pctVal>0.298511904184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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>11400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21691.53000000</valUSD>
        <pctVal>0.080727526485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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>10200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>14793.28000000</valUSD>
        <pctVal>0.055054894837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CNOOC Energy Technology &amp; Serv</name>
        <lei>N/A</lei>
        <title>CNOOC Energy Technology &amp; Services Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003L78"/>
          <ticker value="600968"/>
          <other otherDesc="SEDOL" value="BK90HJ8"/>
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        <balance>14100.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>8081.97000000</valUSD>
        <pctVal>0.030077981923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NMHD</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"/>
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        <balance>38800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21755.10000000</valUSD>
        <pctVal>0.080964109560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Caitong Securities Co Ltd</name>
        <lei>300300E1006233000091</lei>
        <title>Caitong Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002V44"/>
          <ticker value="601108"/>
          <other otherDesc="SEDOL" value="BFY9KS5"/>
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        <balance>74300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>75998.36000000</valUSD>
        <pctVal>0.282836647289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>6400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>12364.23000000</valUSD>
        <pctVal>0.046014905578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amlogic Shanghai Co Ltd</name>
        <lei>N/A</lei>
        <title>Amlogic Shanghai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003LZ3"/>
          <ticker value="688099"/>
          <other otherDesc="SEDOL" value="BK71BW4"/>
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        <balance>3146.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>29188.25000000</valUSD>
        <pctVal>0.108627433148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIJI INFORMATION</name>
        <lei>N/A</lei>
        <title>Beijing Shiji Information Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000668"/>
          <ticker value="002153"/>
          <other otherDesc="SEDOL" value="B23GZV4"/>
        </identifiers>
        <balance>2236.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2519.86000000</valUSD>
        <pctVal>0.009377949129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Securities Co Ltd</name>
        <lei>300300E1010661000039</lei>
        <title>Western Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001D96"/>
          <ticker value="002673"/>
          <other otherDesc="SEDOL" value="B819M05"/>
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        <balance>13200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>13575.01000000</valUSD>
        <pctVal>0.050520962759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CTFO</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="B62G7T5"/>
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        <balance>13300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>17443.41000000</valUSD>
        <pctVal>0.064917658771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>32000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>36506.46000000</valUSD>
        <pctVal>0.135862994291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>59500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>86046.38000000</valUSD>
        <pctVal>0.320231510661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>APT Medical Inc</name>
        <lei>N/A</lei>
        <title>APT Medical Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004C45"/>
          <ticker value="688617"/>
          <other otherDesc="SEDOL" value="BNHPNT8"/>
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        <balance>1597.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>87883.43000000</valUSD>
        <pctVal>0.327068303757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Western Securities Co Ltd</name>
        <lei>300300E1010661000039</lei>
        <title>Western Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001D96"/>
          <ticker value="002673"/>
          <other otherDesc="SEDOL" value="BD5CP73"/>
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        <balance>64400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Yuntianhua Co Ltd</name>
        <lei>N/A</lei>
        <title>Yunnan Yuntianhua Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S01"/>
          <ticker value="600096"/>
          <other otherDesc="SEDOL" value="6011363"/>
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        <balance>29300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>4490.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>25859.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ch Zn&amp;Ge</name>
        <lei>3003001EM2VD5NJ1WN41</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"/>
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        <balance>12700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Bochu</name>
        <lei>N/A</lei>
        <title>Shanghai BOCHU Electronic Technology Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003LY6"/>
          <ticker value="688188"/>
          <other otherDesc="SEDOL" value="BJXJLD6"/>
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        <balance>420.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DFD</name>
        <lei>300300Q9KUCF6Y6SB977</lei>
        <title>Do-Fluoride New Materials Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000P85"/>
          <ticker value="002407"/>
          <other otherDesc="SEDOL" value="BD5C8H4"/>
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        <balance>30920.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>49349.78000000</valUSD>
        <pctVal>0.183660888467</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUIDING TECHNOLOGY</name>
        <lei>N/A</lei>
        <title>Shenzhen Goodix Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002G84"/>
          <ticker value="603160"/>
          <other otherDesc="SEDOL" value="BYW5QT1"/>
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        <balance>1600.00000000</balance>
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        <valUSD>15317.61000000</valUSD>
        <pctVal>0.057006249304</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>45600.00000000</balance>
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        <valUSD>55945.48000000</valUSD>
        <pctVal>0.208207545455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bochu</name>
        <lei>N/A</lei>
        <title>Shanghai BOCHU Electronic Technology Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003LY6"/>
          <ticker value="688188"/>
          <other otherDesc="SEDOL" value="BK71BV3"/>
        </identifiers>
        <balance>1922.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>50367.37000000</valUSD>
        <pctVal>0.187447966819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>57195.40000000</valUSD>
        <pctVal>0.212859266652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>12700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7138.50000000</valUSD>
        <pctVal>0.026566749686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNNER</name>
        <lei>300300O2MSF659DM5M44</lei>
        <title>Fujian Sunner Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000G78"/>
          <ticker value="002299"/>
          <other otherDesc="SEDOL" value="B4L9T62"/>
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        <balance>2700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>5643.35000000</valUSD>
        <pctVal>0.021002376807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CWTC Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>China World Trade Center Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000YH1"/>
          <ticker value="600007"/>
          <other otherDesc="SEDOL" value="BP3R950"/>
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        <balance>5500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>16457.33000000</valUSD>
        <pctVal>0.061247848513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LJZ</name>
        <lei>300300M6JC23UUM9IN72</lei>
        <title>Shanghai Lujiazui Finance &amp; Trade Zone Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000009S5"/>
          <ticker value="600663"/>
          <other otherDesc="SEDOL" value="6514475"/>
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        <balance>4400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>5642.51000000</valUSD>
        <pctVal>0.020999250650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HWHG</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"/>
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        <balance>23500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>72339.81000000</valUSD>
        <pctVal>0.269220932214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="BK4XS77"/>
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        <balance>1800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11823.80000000</valUSD>
        <pctVal>0.044003633107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>XREC</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"/>
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        <balance>30600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>31044.65000000</valUSD>
        <pctVal>0.115536239496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DMEGC</name>
        <lei>655600E3R8NAYSJHBN36</lei>
        <title>Hengdian Group DMEGC Magnetics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001N70"/>
          <ticker value="002056"/>
          <other otherDesc="SEDOL" value="B18M2M0"/>
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        <balance>10500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>18798.66000000</valUSD>
        <pctVal>0.069961377692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Beijing Yanjing Brewery Co Ltd</name>
        <lei>N/A</lei>
        <title>Beijing Yanjing Brewery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S84"/>
          <ticker value="000729"/>
          <other otherDesc="SEDOL" value="6012827"/>
        </identifiers>
        <balance>18800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>36763.49000000</valUSD>
        <pctVal>0.136819561030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>30000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>26064.15000000</valUSD>
        <pctVal>0.097000735285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Qilu Bank Co Ltd</name>
        <lei>300300C1088137000022</lei>
        <title>Qilu Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005154"/>
          <ticker value="601665"/>
          <other otherDesc="SEDOL" value="BL6MFV2"/>
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        <balance>15700.00000000</balance>
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        <valUSD>14468.24000000</valUSD>
        <pctVal>0.053845221051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JAC</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"/>
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        <balance>39200.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>208368.84000000</valUSD>
        <pctVal>0.775468629918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HAN'S LASER</name>
        <lei>300300MZXZR87BGKOZ23</lei>
        <title>Han's Laser Technology Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001JQ1"/>
          <ticker value="002008"/>
          <other otherDesc="SEDOL" value="BD5CKS9"/>
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        <balance>22400.00000000</balance>
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        <valUSD>71471.83000000</valUSD>
        <pctVal>0.265990644704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>5100.00000000</balance>
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        <valUSD>4544.15000000</valUSD>
        <pctVal>0.016911577444</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jiangsu Yoke Technology Co Ltd</name>
        <lei>6556004F7UD5F2TVRT68</lei>
        <title>Jiangsu Yoke Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000PG0"/>
          <ticker value="002409"/>
          <other otherDesc="SEDOL" value="B3Q8P92"/>
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        <balance>1200.00000000</balance>
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        <valUSD>8728.57000000</valUSD>
        <pctVal>0.032484378273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tianshan Aluminum Group Co Ltd</name>
        <lei>300300VE52AL1GWYFN04</lei>
        <title>Tianshan Aluminum Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000YJ6"/>
          <ticker value="002532"/>
          <other otherDesc="SEDOL" value="B4Y4VY6"/>
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        <balance>8500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEWLAND</name>
        <lei>300300ZUFD0Z67DVAK44</lei>
        <title>Newland Digital Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014B1"/>
          <ticker value="000997"/>
          <other otherDesc="SEDOL" value="BD5CJ15"/>
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        <valUSD>65543.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHIJI INFORMATION</name>
        <lei>N/A</lei>
        <title>Beijing Shiji Information Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000668"/>
          <ticker value="002153"/>
          <other otherDesc="SEDOL" value="BD5CMX8"/>
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        <balance>23573.00000000</balance>
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        <valUSD>26565.55000000</valUSD>
        <pctVal>0.098866753116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SINOPHARM CNMC</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="BP3R9B6"/>
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        <balance>3533.00000000</balance>
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        <valUSD>14714.91000000</valUSD>
        <pctVal>0.054763231858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <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"/>
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        <balance>107910.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>43881.07000000</valUSD>
        <pctVal>0.163308454528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sany Renewable Energy Co Ltd</name>
        <lei>836800NSWAMCSCB1IZ03</lei>
        <title>Sany Renewable Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005QJ1"/>
          <ticker value="688349"/>
          <other otherDesc="SEDOL" value="BNM2372"/>
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        <balance>629.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2049.73000000</valUSD>
        <pctVal>0.007628306203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>7400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10865.89000000</valUSD>
        <pctVal>0.040438660747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sany Renewable Energy Co Ltd</name>
        <lei>836800NSWAMCSCB1IZ03</lei>
        <title>Sany Renewable Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005QJ1"/>
          <ticker value="688349"/>
          <other otherDesc="SEDOL" value="BNTY0L4"/>
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        <balance>6870.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>22387.35000000</valUSD>
        <pctVal>0.083317100733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FEILIHUA</name>
        <lei>300300D7Q9Z0S7B25G79</lei>
        <title>Hubei Feilihua Quartz Glass Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001XR9"/>
          <ticker value="300395"/>
          <other otherDesc="SEDOL" value="BMTCW04"/>
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        <balance>12900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>80189.72000000</valUSD>
        <pctVal>0.298435276128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN KINWONG ELECTRONIC CO</name>
        <lei>N/A</lei>
        <title>Shenzhen Kinwong Electronic Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FZ7"/>
          <ticker value="603228"/>
          <other otherDesc="SEDOL" value="BYW5QV3"/>
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        <balance>10080.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>43675.85000000</valUSD>
        <pctVal>0.162544704669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>7400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10188.06000000</valUSD>
        <pctVal>0.037916038356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kingnet Network Co Ltd</name>
        <lei>N/A</lei>
        <title>Kingnet Network Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000XB5"/>
          <ticker value="002517"/>
          <other otherDesc="SEDOL" value="B3QMCM6"/>
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        <balance>5400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11938.71000000</valUSD>
        <pctVal>0.044431283903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dong-E-E-Jiao Co Ltd</name>
        <lei>655600E60FK5WI9EWB37</lei>
        <title>Dong-E-E-Jiao Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000006Y9"/>
          <ticker value="000423"/>
          <other otherDesc="SEDOL" value="6276719"/>
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        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>14453.11000000</valUSD>
        <pctVal>0.053788913014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Xukuang Energy Co Ltd</name>
        <lei>N/A</lei>
        <title>Jiangsu Xukuang Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100006012"/>
          <ticker value="600925"/>
          <other otherDesc="SEDOL" value="BN45QJ2"/>
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        <balance>19100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>13439.69000000</valUSD>
        <pctVal>0.050017353798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dajin Heavy Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Dajin Heavy Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000VV7"/>
          <ticker value="002487"/>
          <other otherDesc="SEDOL" value="B3RPNP4"/>
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        <balance>1400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>5323.86000000</valUSD>
        <pctVal>0.019813357986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>QIXIANG TENGDA</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"/>
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        <balance>18820.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11910.57000000</valUSD>
        <pctVal>0.044326557653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Nova Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>United Nova Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000060N7"/>
          <ticker value="688469"/>
          <other otherDesc="SEDOL" value="BSY23F3"/>
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        <balance>122118.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>81691.08000000</valUSD>
        <pctVal>0.304022760237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>38600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>93857.58000000</valUSD>
        <pctVal>0.349301790853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FUJIAN KUNCAI MATERIAL TECHNOL</name>
        <lei>N/A</lei>
        <title>Fujian Kuncai Material Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002XX5"/>
          <ticker value="603826"/>
          <other otherDesc="SEDOL" value="BYX5076"/>
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        <balance>840.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2241.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hangzhou EZVIZ Network Co Ltd</name>
        <lei>836800F1C5A55S5F7Q24</lei>
        <title>Hangzhou EZVIZ Network Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005VM5"/>
          <ticker value="688475"/>
          <other otherDesc="SEDOL" value="BPXYTF1"/>
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        <balance>4823.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>pingmei coal</name>
        <lei>3003003BTKNO2P0KDH38</lei>
        <title>Pingdingshan Tianan Coal Mining Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001PH7"/>
          <ticker value="601666"/>
          <other otherDesc="SEDOL" value="BP3R9C7"/>
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        <balance>42500.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIVZON GROUP</name>
        <lei>529900Y4GWTVVTORJ443</lei>
        <title>Livzon Pharmaceutical Group Inc</title>
        <cusip>000000000</cusip>
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          <isin value="CNE0000002Y8"/>
          <ticker value="000513"/>
          <other otherDesc="SEDOL" value="6997139"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>19500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU XINQUAN AUTOMOTIVE TRI</name>
        <lei>N/A</lei>
        <title>Jiangsu Xinquan Automotive Trim Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002YB9"/>
          <ticker value="603179"/>
          <other otherDesc="SEDOL" value="BMF7MS1"/>
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        <balance>9900.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>64920.96000000</valUSD>
        <pctVal>0.241610827723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>19500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>44356.93000000</valUSD>
        <pctVal>0.165079422309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Southwest Securities Co Ltd</name>
        <lei>300300E1009950000030</lei>
        <title>Southwest Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016P6"/>
          <ticker value="600369"/>
          <other otherDesc="SEDOL" value="6315838"/>
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        <balance>22300.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Levima Advanced Materials Corp</name>
        <lei>N/A</lei>
        <title>Levima Advanced Materials Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004942"/>
          <ticker value="003022"/>
          <other otherDesc="SEDOL" value="BP91M80"/>
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        <balance>10900.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Film Co Ltd</name>
        <lei>3003009UJKOPLIVUPE53</lei>
        <title>China Film Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GX0"/>
          <ticker value="600977"/>
          <other otherDesc="SEDOL" value="BYW5N01"/>
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        <balance>15400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GREATWALL COMPUTER</name>
        <lei>300300F9K0AHRKFBOK05</lei>
        <title>China Greatwall Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000RL7"/>
          <ticker value="000066"/>
          <other otherDesc="SEDOL" value="6112095"/>
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        <balance>8000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China Southern Power Grid Tech</name>
        <lei>N/A</lei>
        <title>China Southern Power Grid Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000055Q0"/>
          <ticker value="688248"/>
          <other otherDesc="SEDOL" value="BP6PYS9"/>
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        <balance>367.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>22160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.074398212831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CR Double-Crane</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"/>
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        <balance>4200.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11372.46000000</valUSD>
        <pctVal>0.042323919329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JCDZ</name>
        <lei>N/A</lei>
        <title>Wuhan Jingce Electronic Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002DN8"/>
          <ticker value="300567"/>
          <other otherDesc="SEDOL" value="BFY8H14"/>
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        <balance>5700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sinopec Oilfield Service Corp</name>
        <lei>529900PN1CSRM4SXH490</lei>
        <title>Sinopec Oilfield Service Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HS3"/>
          <ticker value="600871"/>
          <other otherDesc="SEDOL" value="6986740"/>
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        <balance>14700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>3835.51000000</valUSD>
        <pctVal>0.014274292090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zhejiang Longsheng</name>
        <lei>300300XYB5YIMVFQA157</lei>
        <title>Zhejiang Longsheng Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FJ4"/>
          <ticker value="600352"/>
          <other otherDesc="SEDOL" value="BP3R4W2"/>
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        <balance>9400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.047629528307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SONGCHENG</name>
        <lei>N/A</lei>
        <title>Songcheng Performance Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000XG4"/>
          <ticker value="300144"/>
          <other otherDesc="SEDOL" value="BD5CMV6"/>
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        <balance>37700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>47351.95000000</valUSD>
        <pctVal>0.176225734090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AHZHONGDING</name>
        <lei>8368004OP8Y2TOEZ4J48</lei>
        <title>Anhui Zhongding Sealing Parts Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XP6"/>
          <ticker value="000887"/>
          <other otherDesc="SEDOL" value="BD5CL31"/>
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        <balance>14100.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>33638.99000000</valUSD>
        <pctVal>0.125191374522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>13200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>YXCHC</name>
        <lei>30030007BQQDXTYNQY69</lei>
        <title>Guangzhou Yuexiu Capital Holdings Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000013M0"/>
          <ticker value="000987"/>
          <other otherDesc="SEDOL" value="BD5C8L8"/>
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        <balance>32315.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>28837.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shandong Linglong Tyre Co Ltd</name>
        <lei>3003003R54QIO1CPVS32</lei>
        <title>Shandong Linglong Tyre Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GM3"/>
          <ticker value="601966"/>
          <other otherDesc="SEDOL" value="BYW5N12"/>
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        <balance>16591.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIC Heavy Industries Co Ltd</name>
        <lei>300300TK4X6AKPJCG226</lei>
        <title>CITIC Heavy Industries Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001SX7"/>
          <ticker value="601608"/>
          <other otherDesc="SEDOL" value="BP3RB32"/>
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        <balance>21700.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <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"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BEIJING CAPITAL</name>
        <lei>30030025XAP88XOR8484</lei>
        <title>Beijing Capital Eco-Environment Protection Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001295"/>
          <ticker value="600008"/>
          <other otherDesc="SEDOL" value="6377098"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Winner Medical Co Ltd</name>
        <lei>3003001HWYP0KVG4J717</lei>
        <title>Winner Medical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000047Z8"/>
          <ticker value="300888"/>
          <other otherDesc="SEDOL" value="BNR4MW1"/>
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        <balance>7020.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Skyverse Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Skyverse Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005ZD5"/>
          <ticker value="688361"/>
          <other otherDesc="SEDOL" value="BSY23D1"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <valUSD>20393.32000000</valUSD>
        <pctVal>0.075896088493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shanghai M&amp;G Stationery Inc</name>
        <lei>N/A</lei>
        <title>Shanghai M&amp;G Stationery Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001V60"/>
          <ticker value="603899"/>
          <other otherDesc="SEDOL" value="BZ0D285"/>
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        <balance>10800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sunwoda Electronic Co Ltd</name>
        <lei>836800CQGW5QDXND0Q43</lei>
        <title>Sunwoda Electronic Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001260"/>
          <ticker value="300207"/>
          <other otherDesc="SEDOL" value="B4XB836"/>
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        <balance>3700.00000000</balance>
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        <valUSD>9510.22000000</valUSD>
        <pctVal>0.035393378749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chongqing Water Group Co Ltd</name>
        <lei>300300IP0N8GB6G7OY88</lei>
        <title>Chongqing Water Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000MT0"/>
          <ticker value="601158"/>
          <other otherDesc="SEDOL" value="BP3R4X3"/>
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        <balance>19400.00000000</balance>
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        <valUSD>12950.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI PECHEM</name>
        <lei>5299008RZ0G8ACZ8ZU65</lei>
        <title>Sinopec Shanghai Petrochemical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BB2"/>
          <ticker value="600688"/>
          <other otherDesc="SEDOL" value="BP3R596"/>
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        <balance>67300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </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"/>
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        <balance>4000.00000000</balance>
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        <valUSD>5662.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>6200.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4500.30000000</valUSD>
        <pctVal>0.016748384620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Risen Energy Co Ltd</name>
        <lei>3003005CFEH1CK6CA695</lei>
        <title>Risen Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000T73"/>
          <ticker value="300118"/>
          <other otherDesc="SEDOL" value="B505PR1"/>
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        <balance>2800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>3668.41000000</valUSD>
        <pctVal>0.013652410200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>29000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>65041.01000000</valUSD>
        <pctVal>0.242057607621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>16400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>14794.67000000</valUSD>
        <pctVal>0.055060067882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>YKYL</name>
        <lei>549300U6H4L6SSU31U28</lei>
        <title>Intco Medical Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003456"/>
          <ticker value="300677"/>
          <other otherDesc="SEDOL" value="BMTCVT6"/>
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        <balance>8840.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>29089.20000000</valUSD>
        <pctVal>0.108258807168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>5700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21335.54000000</valUSD>
        <pctVal>0.079402668711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ZMJ</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="BP3RCS4"/>
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        <balance>24400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAPCHEM</name>
        <lei>83680035MFDI4S2P0866</lei>
        <title>Shenzhen Capchem Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000K15"/>
          <ticker value="300037"/>
          <other otherDesc="SEDOL" value="B54BB99"/>
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        <balance>1840.00000000</balance>
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        <valUSD>7729.98000000</valUSD>
        <pctVal>0.028768010609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CREC</name>
        <lei>3003002UYDC04RSF5385</lei>
        <title>China Railway Hi-tech Industry Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE0000017Z3"/>
          <ticker value="600528"/>
          <other otherDesc="SEDOL" value="BP3RD47"/>
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        <balance>9000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dazhong Mining Co Ltd</name>
        <lei>N/A</lei>
        <title>Dazhong Mining Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100004JY8"/>
          <ticker value="001203"/>
          <other otherDesc="SEDOL" value="BQ3RQ67"/>
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        <balance>6500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zhuhai Huafa Properties Co Ltd</name>
        <lei>3003007FIHALN5DCJS12</lei>
        <title>Zhuhai Huafa Properties Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001GR5"/>
          <ticker value="600325"/>
          <other otherDesc="SEDOL" value="6742243"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nexchip Semiconductor Corp</name>
        <lei>N/A</lei>
        <title>Nexchip Semiconductor Corp</title>
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          <isin value="CNE1000060L1"/>
          <ticker value="688249"/>
          <other otherDesc="SEDOL" value="BSY23C0"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hoymiles Power Electronics Inc</name>
        <lei>N/A</lei>
        <title>Hoymiles Power Electronics Inc</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000055R8"/>
          <ticker value="688032"/>
          <other otherDesc="SEDOL" value="BMF7P59"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Winner Medical Co Ltd</name>
        <lei>3003001HWYP0KVG4J717</lei>
        <title>Winner Medical Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000047Z8"/>
          <ticker value="300888"/>
          <other otherDesc="SEDOL" value="BLBF2T3"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>YUYUE MEDICAL</name>
        <lei>8368009VDA1C3G87FP95</lei>
        <title>Jiangsu Yuyue Medical Equipment &amp; Supply Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000009X3"/>
          <ticker value="002223"/>
          <other otherDesc="SEDOL" value="BD5CJM6"/>
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        <balance>9200.00000000</balance>
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        <pctVal>0.179574257313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FENGHUA</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="BD5LVS3"/>
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        <balance>5800.00000000</balance>
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        <valUSD>10754.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oriental Pearl Group Co Ltd</name>
        <lei>300300SLCK1GUH5KK558</lei>
        <title>Oriental Pearl Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000004Z1"/>
          <ticker value="600637"/>
          <other otherDesc="SEDOL" value="6801382"/>
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        <balance>22500.00000000</balance>
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        <valUSD>22858.17000000</valUSD>
        <pctVal>0.085069311574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>3200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7416.76000000</valUSD>
        <pctVal>0.027602326315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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="BP3R563"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7404.55000000</valUSD>
        <pctVal>0.027556885394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Yandong Microelectroni</name>
        <lei>N/A</lei>
        <title>Beijing Yandong Microelectronic Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005VD4"/>
          <ticker value="688172"/>
          <other otherDesc="SEDOL" value="BPXYTC8"/>
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        <balance>7654.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>19970.74000000</valUSD>
        <pctVal>0.074323408366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>2700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>5624.61000000</valUSD>
        <pctVal>0.020932633739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Baimtec Material Co Ltd</name>
        <lei>N/A</lei>
        <title>Baimtec Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100006L67"/>
          <ticker value="688563"/>
          <other otherDesc="SEDOL" value="BQ1NLY0"/>
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        <balance>5829.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>44308.26000000</valUSD>
        <pctVal>0.164898291300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>XQYY</name>
        <lei>N/A</lei>
        <title>Shenyang Xingqi Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002DV1"/>
          <ticker value="300573"/>
          <other otherDesc="SEDOL" value="BMTCW48"/>
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        <balance>5600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>40539.05000000</valUSD>
        <pctVal>0.150870742293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shandong Linglong Tyre Co Ltd</name>
        <lei>3003003R54QIO1CPVS32</lei>
        <title>Shandong Linglong Tyre Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GM3"/>
          <ticker value="601966"/>
          <other otherDesc="SEDOL" value="BYQ83C8"/>
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        <balance>3100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6199.74000000</valUSD>
        <pctVal>0.023073046256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anjoy Foods Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Anjoy Foods Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002YQ7"/>
          <ticker value="603345"/>
          <other otherDesc="SEDOL" value="BMXWM11"/>
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        <balance>5500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>63966.80000000</valUSD>
        <pctVal>0.238059811420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIMA Technology Group Co Ltd</name>
        <lei>N/A</lei>
        <title>AIMA Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000051B1"/>
          <ticker value="603529"/>
          <other otherDesc="SEDOL" value="BP91ND2"/>
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        <balance>6108.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>30729.46000000</valUSD>
        <pctVal>0.114363223619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6355.04000000</valUSD>
        <pctVal>0.023651013087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JonJee Hi-tech</name>
        <lei>3003004VPK0KK2I9LF35</lei>
        <title>Jonjee Hi-Tech Industrial And Commercial Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HK0"/>
          <ticker value="600872"/>
          <other otherDesc="SEDOL" value="BP3RB10"/>
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        <balance>18000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>46640.67000000</valUSD>
        <pctVal>0.173578623672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BOC International China Co Ltd</name>
        <lei>3003007E9G154XL2PS13</lei>
        <title>BOC International China Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003R64"/>
          <ticker value="601696"/>
          <other otherDesc="SEDOL" value="BJQTSC1"/>
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        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10980.81000000</valUSD>
        <pctVal>0.040866348759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ruijie Networks Co Ltd</name>
        <lei>N/A</lei>
        <title>Ruijie Networks Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005WJ9"/>
          <ticker value="301165"/>
          <other otherDesc="SEDOL" value="BNHSP57"/>
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        <balance>2300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21332.77000000</valUSD>
        <pctVal>0.079392359837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>J-Yuan Trust Co Ltd</name>
        <lei>300300D1005631000064</lei>
        <title>J-Yuan Trust Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000003P4"/>
          <ticker value="600816"/>
          <other otherDesc="SEDOL" value="BP3RD58"/>
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        <balance>116400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>43294.80000000</valUSD>
        <pctVal>0.161126583219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Xingfa group</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="6156048"/>
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        <balance>3800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11022.44000000</valUSD>
        <pctVal>0.041021279598</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>12600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Raytron Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Raytron Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003MX6"/>
          <ticker value="688002"/>
          <other otherDesc="SEDOL" value="BKDX373"/>
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        <balance>7649.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>64544.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Asia - Potash International In</name>
        <lei>N/A</lei>
        <title>Asia - Potash International Investment Guangzhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XS0"/>
          <ticker value="000893"/>
          <other otherDesc="SEDOL" value="6130901"/>
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        <balance>2300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9257.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GHXW</name>
        <lei>N/A</lei>
        <title>Beijing Sinnet Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001S16"/>
          <ticker value="300383"/>
          <other otherDesc="SEDOL" value="BD5CJ48"/>
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        <balance>33300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>60173.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TAIJI GROUP</name>
        <lei>300300GBOR3PED0K5449</lei>
        <title>Chongqing Taiji Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000TQ2"/>
          <ticker value="600129"/>
          <other otherDesc="SEDOL" value="6091569"/>
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        <balance>1000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2946.44000000</valUSD>
        <pctVal>0.010965515716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sinolink Securities Co Ltd</name>
        <lei>300300XTI3CMWAP25D43</lei>
        <title>Sinolink Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000SV4"/>
          <ticker value="600109"/>
          <other otherDesc="SEDOL" value="BP3R4V1"/>
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        <balance>52500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>60694.91000000</valUSD>
        <pctVal>0.225883096055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Risen Energy Co Ltd</name>
        <lei>3003005CFEH1CK6CA695</lei>
        <title>Risen Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000T73"/>
          <ticker value="300118"/>
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        <balance>24300.00000000</balance>
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        <valUSD>31836.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BLUEFOCUS</name>
        <lei>300300S2I2XIZT3E2Y55</lei>
        <title>Bluefocus Intelligent Communications Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000LV8"/>
          <ticker value="300058"/>
          <other otherDesc="SEDOL" value="BD5CL86"/>
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        <balance>66700.00000000</balance>
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        <valUSD>76741.15000000</valUSD>
        <pctVal>0.285601025800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>10616.00000000</balance>
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        <valUSD>25636.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SooChow Securities Co Ltd</name>
        <lei>300300E1008532000098</lei>
        <title>SooChow Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000019P8"/>
          <ticker value="601555"/>
          <other otherDesc="SEDOL" value="BP3R6Z9"/>
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        <balance>87645.00000000</balance>
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        <pctVal>0.360798604348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>31100.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>35522.88000000</valUSD>
        <pctVal>0.132202488070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Skshu Paint Co Ltd</name>
        <lei>N/A</lei>
        <title>Skshu Paint Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000027D7"/>
          <ticker value="603737"/>
          <other otherDesc="SEDOL" value="BYV1VL7"/>
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        <balance>8232.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>36822.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hongyuan Green Energy Co Ltd</name>
        <lei>N/A</lei>
        <title>Hongyuan Green Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003JF9"/>
          <ticker value="603185"/>
          <other otherDesc="SEDOL" value="BHR34R5"/>
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        <balance>700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.005069025903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>24100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>25553.97000000</valUSD>
        <pctVal>0.095102041672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shanghai Junshi Biosciences Co</name>
        <lei>300300L36FLCKN0WXW06</lei>
        <title>Shanghai Junshi Biosciences Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000041Z1"/>
          <ticker value="688180"/>
          <other otherDesc="SEDOL" value="BLCD7F7"/>
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        <balance>14783.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>66700.25000000</valUSD>
        <pctVal>0.248232660328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>13200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>29916.31000000</valUSD>
        <pctVal>0.111336992267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hangcha Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Hangcha Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FY0"/>
          <ticker value="603298"/>
          <other otherDesc="SEDOL" value="BYW5N45"/>
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        <balance>15700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>35600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>15859.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUIDING TECHNOLOGY</name>
        <lei>N/A</lei>
        <title>Shenzhen Goodix Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002G84"/>
          <ticker value="603160"/>
          <other otherDesc="SEDOL" value="BD3H4Q2"/>
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        <balance>6600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dajin Heavy Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Dajin Heavy Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000VV7"/>
          <ticker value="002487"/>
          <other otherDesc="SEDOL" value="BQ3RQ89"/>
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        <balance>8900.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>37300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank of Lanzhou Co Ltd</name>
        <lei>300300C1082562000003</lei>
        <title>Bank of Lanzhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000056L9"/>
          <ticker value="001227"/>
          <other otherDesc="SEDOL" value="BLC7SC3"/>
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        <balance>57400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CTFO</name>
        <lei>N/A</lei>
        <title>China TransInfo Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000MJ1"/>
          <ticker value="002373"/>
          <other otherDesc="SEDOL" value="BD5CJ37"/>
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        <balance>14100.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>SUNWAY COMM</name>
        <lei>N/A</lei>
        <title>Shenzhen Sunway Communication Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000W94"/>
          <ticker value="300136"/>
          <other otherDesc="SEDOL" value="BD5CCF0"/>
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        <balance>25300.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Jointown</name>
        <lei>300300875YINDA6F8T86</lei>
        <title>Jointown Pharmaceutical Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000W45"/>
          <ticker value="600998"/>
          <other otherDesc="SEDOL" value="BP3R541"/>
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        <balance>46817.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <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="6817958"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MEINIAN ONEHEALTH</name>
        <lei>300300EYIBAM5S5ILV56</lei>
        <title>Meinian Onehealth Healthcare Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001LV7"/>
          <ticker value="002044"/>
          <other otherDesc="SEDOL" value="B0766H9"/>
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        <balance>7700.00000000</balance>
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        <valUSD>5535.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>By-health Co Ltd</name>
        <lei>N/A</lei>
        <title>By-health Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000Y84"/>
          <ticker value="300146"/>
          <other otherDesc="SEDOL" value="BD5CKV2"/>
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        <balance>21600.00000000</balance>
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        <valUSD>35014.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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>195900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>97606.07000000</valUSD>
        <pctVal>0.363252227994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>16140.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>31181.05000000</valUSD>
        <pctVal>0.116043867801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southwest Securities Co Ltd</name>
        <lei>300300E1009950000030</lei>
        <title>Southwest Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016P6"/>
          <ticker value="600369"/>
          <other otherDesc="SEDOL" value="BP3R4S8"/>
        </identifiers>
        <balance>84000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>48381.05000000</valUSD>
        <pctVal>0.180055648231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>1200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4833.11000000</valUSD>
        <pctVal>0.017986975355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SLBIO</name>
        <lei>N/A</lei>
        <title>Pacific Shuanglin Bio-pharmacy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000F14"/>
          <ticker value="000403"/>
          <other otherDesc="SEDOL" value="BMQ8TB5"/>
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        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>35934.80000000</valUSD>
        <pctVal>0.133735495779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>14397.74000000</valUSD>
        <pctVal>0.053582847184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="B7ZWP71"/>
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        <balance>7915.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>13280.83000000</valUSD>
        <pctVal>0.049426138017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SONGCHENG</name>
        <lei>N/A</lei>
        <title>Songcheng Performance Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000XG4"/>
          <ticker value="300144"/>
          <other otherDesc="SEDOL" value="B3Y6VL2"/>
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        <balance>8900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11178.58000000</valUSD>
        <pctVal>0.041602372586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Xi'an Co Ltd</name>
        <lei>300300C1091161000048</lei>
        <title>Bank of Xi'an Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003JB8"/>
          <ticker value="600928"/>
          <other otherDesc="SEDOL" value="BK4XYL3"/>
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        <balance>24800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>13010.42000000</valUSD>
        <pctVal>0.048419776066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canmax Technologies Co Ltd</name>
        <lei>8368000VRYF7HAR81G71</lei>
        <title>Canmax Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001XM0"/>
          <ticker value="300390"/>
          <other otherDesc="SEDOL" value="BP82BF4"/>
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        <balance>3290.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7844.53000000</valUSD>
        <pctVal>0.029194321624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EASPRING</name>
        <lei>N/A</lei>
        <title>Beijing Easpring Material Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000NN1"/>
          <ticker value="300073"/>
          <other otherDesc="SEDOL" value="BD760M3"/>
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        <balance>9400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>49496.34000000</valUSD>
        <pctVal>0.184206328382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TITAN</name>
        <lei>3003007ZSZNFX2N7JL66</lei>
        <title>Titan Wind Energy Suzhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000YH0"/>
          <ticker value="002531"/>
          <other otherDesc="SEDOL" value="BD5LXS7"/>
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        <balance>27000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>24806.74000000</valUSD>
        <pctVal>0.092321139190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YQMY</name>
        <lei>300300L5SFN6WQCTM144</lei>
        <title>Shan Xi Hua Yang Group New Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FP1"/>
          <ticker value="600348"/>
          <other otherDesc="SEDOL" value="BP3R790"/>
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        <balance>19155.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>17599.00000000</valUSD>
        <pctVal>0.065496704871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sealand Securities Co Ltd</name>
        <lei>300300E1000345000084</lei>
        <title>Sealand Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008K4"/>
          <ticker value="000750"/>
          <other otherDesc="SEDOL" value="BD5CMY9"/>
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        <balance>108180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>56002.03000000</valUSD>
        <pctVal>0.208418002791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yongan Futures Co Ltd</name>
        <lei>300300E3012933000093</lei>
        <title>Yongan Futures Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005D50"/>
          <ticker value="600927"/>
          <other otherDesc="SEDOL" value="BPLXC73"/>
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        <balance>5800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9989.59000000</valUSD>
        <pctVal>0.037177409399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Perfect World Co Ltd/China</name>
        <lei>N/A</lei>
        <title>Perfect World Co Ltd/China</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000018W6"/>
          <ticker value="002624"/>
          <other otherDesc="SEDOL" value="BD5M1C0"/>
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        <balance>33900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>63233.45000000</valUSD>
        <pctVal>0.235330564956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHIFENG GOLD</name>
        <lei>300300PUFBCIZ7STN538</lei>
        <title>Chifeng Jilong Gold Mining Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001H94"/>
          <ticker value="600988"/>
          <other otherDesc="SEDOL" value="BZ0D1S8"/>
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        <balance>35500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>129381.15000000</valUSD>
        <pctVal>0.481506846838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jointown</name>
        <lei>300300875YINDA6F8T86</lei>
        <title>Jointown Pharmaceutical Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000W45"/>
          <ticker value="600998"/>
          <other otherDesc="SEDOL" value="B5319W9"/>
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        <balance>14531.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10486.89000000</valUSD>
        <pctVal>0.039028168609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHANGHONG</name>
        <lei>300300WM1QVA4ET9HJ12</lei>
        <title>Sichuan Changhong Electric Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GJ4"/>
          <ticker value="600839"/>
          <other otherDesc="SEDOL" value="BP3R6X7"/>
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        <balance>15300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21000.79000000</valUSD>
        <pctVal>0.078156858043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HXDQ</name>
        <lei>N/A</lei>
        <title>Hisense Visual Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PF3"/>
          <ticker value="600060"/>
          <other otherDesc="SEDOL" value="6718857"/>
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        <balance>16500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>54661.85000000</valUSD>
        <pctVal>0.203430368611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 MOONS' ELECTRICS CO L</name>
        <lei>N/A</lei>
        <title>Shanghai Moons' Electric Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002RN8"/>
          <ticker value="603728"/>
          <other otherDesc="SEDOL" value="BFF1YV1"/>
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        <balance>4800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>36959.46000000</valUSD>
        <pctVal>0.137548885950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAIGE COMMUNICATIONS</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"/>
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        <balance>14500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>27449.24000000</valUSD>
        <pctVal>0.102155507201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Xiangcai Co Ltd</name>
        <lei>N/A</lei>
        <title>Xiangcai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S68"/>
          <ticker value="600095"/>
          <other otherDesc="SEDOL" value="BKP87H4"/>
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        <balance>17300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>10272.00000000</balance>
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        <valUSD>17606.37000000</valUSD>
        <pctVal>0.065524133175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Longcheer Technology</name>
        <lei>N/A</lei>
        <title>Shanghai Longcheer Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100006JV9"/>
          <ticker value="603341"/>
          <other otherDesc="SEDOL" value="BS2G108"/>
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        <balance>1700.00000000</balance>
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        <valUSD>8831.14000000</valUSD>
        <pctVal>0.032866104338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CECEP Solar Energy Co Ltd</name>
        <lei>30030055WYGVLDBFGM73</lei>
        <title>CECEP Solar Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000000K1"/>
          <ticker value="000591"/>
          <other otherDesc="SEDOL" value="BD5LQM2"/>
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        <balance>67100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Andon Health Co Ltd</name>
        <lei>N/A</lei>
        <title>Andon Health Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000Q84"/>
          <ticker value="002432"/>
          <other otherDesc="SEDOL" value="B555695"/>
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        <balance>1600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Walvax Biotechnology Co Ltd</name>
        <lei>300300H82R2DIQXA8N24</lei>
        <title>Walvax Biotechnology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WN2"/>
          <ticker value="300142"/>
          <other otherDesc="SEDOL" value="BD5CG36"/>
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        <balance>45000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>86960.00000000</balance>
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        <valUSD>57689.31000000</valUSD>
        <pctVal>0.214697409587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MYGD</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="B8DGGB3"/>
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        <balance>7080.00000000</balance>
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        <valUSD>17176.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vanchip Tianjin Technology Co</name>
        <lei>N/A</lei>
        <title>Vanchip Tianjin Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000059G3"/>
          <ticker value="688153"/>
          <other otherDesc="SEDOL" value="BNDKPF7"/>
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        <balance>1997.00000000</balance>
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        <valUSD>8192.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hebei Sinopack Electronic Tech</name>
        <lei>6556002XR7PYUWW2SG08</lei>
        <title>Hebei Sinopack Electronic Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000049Q3"/>
          <ticker value="003031"/>
          <other otherDesc="SEDOL" value="BMWW8J2"/>
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        <balance>5000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>33225.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>45600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>68539.55000000</valUSD>
        <pctVal>0.255077827057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zhejiang Provincial New Energy</name>
        <lei>N/A</lei>
        <title>Zhejiang Provincial New Energy Investment Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000051S5"/>
          <ticker value="600032"/>
          <other otherDesc="SEDOL" value="BNRLFM3"/>
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        <balance>15900.00000000</balance>
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        <valUSD>17278.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China Southern Power Grid Tech</name>
        <lei>N/A</lei>
        <title>China Southern Power Grid Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000055Q0"/>
          <ticker value="688248"/>
          <other otherDesc="SEDOL" value="BNHPMC4"/>
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        <balance>4864.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HIMILE</name>
        <lei>655600LE14YR05ZRKX68</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"/>
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        <balance>3300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JIUZHOU PHARMACEUTICAL</name>
        <lei>300300M9CIE6UX0BWZ27</lei>
        <title>Zhejiang Jiuzhou Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100001W36"/>
          <ticker value="603456"/>
          <other otherDesc="SEDOL" value="BQYZ0S0"/>
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        <balance>2600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jinduicheng Molybdenum Co Ltd</name>
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        <title>Jinduicheng Molybdenum Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000009Y1"/>
          <ticker value="601958"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ZMJ</name>
        <lei>300300PYAQHLZLU5N973</lei>
        <title>Zhengzhou Coal Mining Machinery Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000S58"/>
          <ticker value="601717"/>
          <other otherDesc="SEDOL" value="B3ZVNX2"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SUNLORD</name>
        <lei>N/A</lei>
        <title>Shenzhen Sunlord Electronics Co Ltd</title>
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          <isin value="CNE1000000M5"/>
          <ticker value="002138"/>
          <other otherDesc="SEDOL" value="BD5C841"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Xiamen Tungsten Co Ltd</name>
        <lei>300300SEC2FOC4PL5N49</lei>
        <title>Xiamen Tungsten Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001D15"/>
          <ticker value="600549"/>
          <other otherDesc="SEDOL" value="BP3R6F9"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>7940.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>8379.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>China Baoan Group Co Ltd</name>
        <lei>300300SWCZND4GQFVP61</lei>
        <title>China Baoan Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000222"/>
          <ticker value="000009"/>
          <other otherDesc="SEDOL" value="6803098"/>
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        <balance>7860.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>GLGF</name>
        <lei>N/A</lei>
        <title>China Rare Earth Resources And Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000WS2"/>
          <ticker value="000831"/>
          <other otherDesc="SEDOL" value="BFY8HG9"/>
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        <balance>18700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HIMILE</name>
        <lei>655600LE14YR05ZRKX68</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"/>
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        <balance>8900.00000000</balance>
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        <valUSD>75767.28000000</valUSD>
        <pctVal>0.281976656463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Pacific Quartz Co Ltd</name>
        <lei>N/A</lei>
        <title>Jiangsu Pacific Quartz Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001VC5"/>
          <ticker value="603688"/>
          <other otherDesc="SEDOL" value="BRK9WM1"/>
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        <balance>6350.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jiangsu Guoxin Corp Ltd</name>
        <lei>N/A</lei>
        <title>Jiangsu Guoxin Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001658"/>
          <ticker value="002608"/>
          <other otherDesc="SEDOL" value="B65QTL8"/>
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        <balance>3200.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>XINXING PIPES</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"/>
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        <balance>24650.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Autobio Diagnostics Co Ltd</name>
        <lei>300300HTZSCUCA32U369</lei>
        <title>Autobio Diagnostics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GC4"/>
          <ticker value="603658"/>
          <other otherDesc="SEDOL" value="BYW5N89"/>
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        <balance>4400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>flyco</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="BYV1VP1"/>
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        <balance>700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BJHLHM</name>
        <lei>300300W1VCSK9YDCJ297</lei>
        <title>Innovation New Material Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001980"/>
          <ticker value="600361"/>
          <other otherDesc="SEDOL" value="BMF4RQ5"/>
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        <balance>38000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>33400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>16455.94000000</valUSD>
        <pctVal>0.061242675468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Beijing Compass Technology Dev</name>
        <lei>N/A</lei>
        <title>Beijing Compass Technology Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001QQ6"/>
          <ticker value="300803"/>
          <other otherDesc="SEDOL" value="BL58M54"/>
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        <balance>10310.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPIC IFH</name>
        <lei>N/A</lei>
        <title>SPIC Industry-Finance Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001154"/>
          <ticker value="000958"/>
          <other otherDesc="SEDOL" value="6175537"/>
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        <balance>6600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China Great Wall Securities Co</name>
        <lei>300300E1006344000004</lei>
        <title>China Great Wall Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003GD0"/>
          <ticker value="002939"/>
          <other otherDesc="SEDOL" value="BD0BP42"/>
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        <balance>8400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COFCO Sugar Holding Co Ltd</name>
        <lei>300300CAHQDI178WDM76</lei>
        <title>COFCO Sugar Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LH8"/>
          <ticker value="600737"/>
          <other otherDesc="SEDOL" value="6983990"/>
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        <balance>24200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>YUNDA Holding Group Co Ltd</name>
        <lei>300300HU5TWO2S5DH054</lei>
        <title>YUNDA Holding Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000015"/>
          <ticker value="002120"/>
          <other otherDesc="SEDOL" value="B1R0FF9"/>
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        <balance>3600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>28828.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Betta Pharmaceuticals Co Ltd</name>
        <lei>N/A</lei>
        <title>Betta Pharmaceuticals Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002DD9"/>
          <ticker value="300558"/>
          <other otherDesc="SEDOL" value="BYPCYC8"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>FULING ZHACAI</name>
        <lei>N/A</lei>
        <title>Chongqing Fuling Zhacai Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000WX1"/>
          <ticker value="002507"/>
          <other otherDesc="SEDOL" value="B5SZ8W9"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Huaan Securities Co Ltd</name>
        <lei>300300E1008234000093</lei>
        <title>Huaan Securities Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002GR2"/>
          <ticker value="600909"/>
          <other otherDesc="SEDOL" value="BYW5MX7"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kingfa Sci &amp; Tech Co Ltd</name>
        <lei>300300SN8W1XSX4OLL19</lei>
        <title>Kingfa Sci &amp; Tech Co Ltd</title>
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          <isin value="CNE000001JP3"/>
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          <other otherDesc="SEDOL" value="BP3R8H5"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shaanxi Energy Investment Co L</name>
        <lei>N/A</lei>
        <title>Shaanxi Energy Investment Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005Z70"/>
          <ticker value="001286"/>
          <other otherDesc="SEDOL" value="BN90FS4"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Caida Securities Co Ltd</name>
        <lei>300300E1010513000058</lei>
        <title>Caida Securities Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005295"/>
          <ticker value="600906"/>
          <other otherDesc="SEDOL" value="BQ3RWR0"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEPU MEDICAL</name>
        <lei>3003007FXUYE3WNDDO39</lei>
        <title>Lepu Medical Technology Beijing Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000H44"/>
          <ticker value="300003"/>
          <other otherDesc="SEDOL" value="BD5CM16"/>
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        <balance>33600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>53627.19000000</valUSD>
        <pctVal>0.199579762289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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>83200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>29098.58000000</valUSD>
        <pctVal>0.108293715918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Digital China Group Co Ltd</name>
        <lei>3003000QK9WU45NQL931</lei>
        <title>Digital China Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000DQ6"/>
          <ticker value="000034"/>
          <other otherDesc="SEDOL" value="BYXLK18"/>
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        <balance>16100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>82876.35000000</valUSD>
        <pctVal>0.308433879015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNNER</name>
        <lei>300300O2MSF659DM5M44</lei>
        <title>Fujian Sunner Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000G78"/>
          <ticker value="002299"/>
          <other otherDesc="SEDOL" value="BD5CHS8"/>
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        <balance>14700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>30724.88000000</valUSD>
        <pctVal>0.114346178622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WESTONE</name>
        <lei>N/A</lei>
        <title>CETC Cyberspace Security Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000CM6"/>
          <ticker value="002268"/>
          <other otherDesc="SEDOL" value="BD5CK89"/>
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        <balance>9124.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>20361.94000000</valUSD>
        <pctVal>0.075779304210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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="BD5CDK2"/>
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        <balance>12400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>22682.19000000</valUSD>
        <pctVal>0.084414381741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THUNDERSOFT</name>
        <lei>836800O1GYG8ONWRVB61</lei>
        <title>Thunder Software Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000021D0"/>
          <ticker value="300496"/>
          <other otherDesc="SEDOL" value="BD5CG03"/>
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        <balance>10800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>82754.08000000</valUSD>
        <pctVal>0.307978837132</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SMHC</name>
        <lei>N/A</lei>
        <title>State Grid Information &amp; Communication Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VJ3"/>
          <ticker value="600131"/>
          <other otherDesc="SEDOL" value="BP3RMQ2"/>
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        <balance>13700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>34319.88000000</valUSD>
        <pctVal>0.127725385055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SFY</name>
        <lei>3003001LPW6QB75C7439</lei>
        <title>Suofeiya Home Collection Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001203"/>
          <ticker value="002572"/>
          <other otherDesc="SEDOL" value="B4QYGC7"/>
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        <balance>2600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>5091.53000000</valUSD>
        <pctVal>0.018948715140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nanjing Securities Co Ltd</name>
        <lei>300300E1008732000033</lei>
        <title>Nanjing Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000031R9"/>
          <ticker value="601990"/>
          <other otherDesc="SEDOL" value="BHWLWS1"/>
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        <balance>39700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>42701.21000000</valUSD>
        <pctVal>0.158917469687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Berun Chemical</name>
        <lei>300300HF6XQ50FSVY467</lei>
        <title>Inner Mongolia Berun Chemical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000P20"/>
          <ticker value="000683"/>
          <other otherDesc="SEDOL" value="BD5LZB4"/>
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        <balance>65600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>45795.18000000</valUSD>
        <pctVal>0.170432035286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zhuhai Huafa Properties Co Ltd</name>
        <lei>3003007FIHALN5DCJS12</lei>
        <title>Zhuhai Huafa Properties Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001GR5"/>
          <ticker value="600325"/>
          <other otherDesc="SEDOL" value="BP3RG37"/>
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        <balance>45600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>31073.79000000</valUSD>
        <pctVal>0.115644687361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Huafon Chemical Co Ltd</name>
        <lei>300300Z8ACP5RSQRBQ16</lei>
        <title>Huafon Chemical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NK6"/>
          <ticker value="002064"/>
          <other otherDesc="SEDOL" value="B19HV27"/>
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        <balance>5000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4677.11000000</valUSD>
        <pctVal>0.017406403393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GoodWe Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>GoodWe Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004363"/>
          <ticker value="688390"/>
          <other otherDesc="SEDOL" value="BMHZYQ5"/>
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        <balance>3360.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.069731419092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Easyhome</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"/>
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        <balance>43700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>19286.64000000</valUSD>
        <pctVal>0.071777451448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>16360.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10853.23000000</valUSD>
        <pctVal>0.040391545099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zhongfu Shenying Carbon Fiber</name>
        <lei>N/A</lei>
        <title>Zhongfu Shenying Carbon Fiber Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000059J7"/>
          <ticker value="688295"/>
          <other otherDesc="SEDOL" value="BNDKPJ1"/>
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        <balance>2233.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CECEP Environment</name>
        <lei>N/A</lei>
        <title>CECEP Environmental Protection Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000WL6"/>
          <ticker value="300140"/>
          <other otherDesc="SEDOL" value="BPDWS69"/>
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        <balance>29100.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>24757.19000000</valUSD>
        <pctVal>0.092136733160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JIANGNAN RED ARROW</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="BD5CDR9"/>
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        <balance>6100.00000000</balance>
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        <valUSD>14087.41000000</valUSD>
        <pctVal>0.052427918357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bloomage Biotechnology Corp Lt</name>
        <lei>3003000JYMDZWD0IUE82</lei>
        <title>Bloomage Biotechnology Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003NL9"/>
          <ticker value="688363"/>
          <other otherDesc="SEDOL" value="BP91NT8"/>
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        <balance>5407.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>37851.18000000</valUSD>
        <pctVal>0.140867524604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen SED Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Shenzhen SED Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000BK3"/>
          <ticker value="000032"/>
          <other otherDesc="SEDOL" value="BMTCVK7"/>
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        <balance>13600.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>36674.11000000</valUSD>
        <pctVal>0.136486923069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>54400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>32615.99000000</valUSD>
        <pctVal>0.121384162232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CIMC</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"/>
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        <balance>29160.00000000</balance>
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        <pctVal>0.116425035624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>1800.00000000</balance>
        <units>NS</units>
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        <pctVal>0.021411419527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JEREH GROUP</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"/>
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        <balance>13029.00000000</balance>
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        <pctVal>0.232306454925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GREATSTAR</name>
        <lei>8368005I1ISRY6YIFM48</lei>
        <title>Hangzhou GreatStar Industrial Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000RC5"/>
          <ticker value="002444"/>
          <other otherDesc="SEDOL" value="BD5CG70"/>
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        <balance>8600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.104742178588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>4500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10242.46000000</valUSD>
        <pctVal>0.038118494220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Caida Securities Co Ltd</name>
        <lei>300300E1010513000058</lei>
        <title>Caida Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005295"/>
          <ticker value="600906"/>
          <other otherDesc="SEDOL" value="BN4M9P0"/>
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        <balance>17900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>15949.09000000</valUSD>
        <pctVal>0.059356374833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AHZHONGDING</name>
        <lei>8368004OP8Y2TOEZ4J48</lei>
        <title>Anhui Zhongding Sealing Parts Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XP6"/>
          <ticker value="000887"/>
          <other otherDesc="SEDOL" value="6129084"/>
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        <balance>10800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>25766.03000000</valUSD>
        <pctVal>0.095891247379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>6900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7450.35000000</valUSD>
        <pctVal>0.027727335367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Southern Power Grid Ener</name>
        <lei>N/A</lei>
        <title>China Southern Power Grid Energy Efficiency&amp;Clean Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004CH8"/>
          <ticker value="003035"/>
          <other otherDesc="SEDOL" value="BMFZ5B9"/>
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        <balance>20200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>13905.32000000</valUSD>
        <pctVal>0.051750249456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHENHUA</name>
        <lei>N/A</lei>
        <title>China Zhenhua Group Science &amp; Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000RY0"/>
          <ticker value="000733"/>
          <other otherDesc="SEDOL" value="BD5C885"/>
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        <balance>11000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>70119.22000000</valUSD>
        <pctVal>0.260956750848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>19800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>28716.36000000</valUSD>
        <pctVal>0.106871240178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Changchun BCHT Biotechnology C</name>
        <lei>8368000E14LIZR0C4328</lei>
        <title>Changchun BCHT Biotechnology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005XY6"/>
          <ticker value="688276"/>
          <other otherDesc="SEDOL" value="BNHPMP7"/>
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        <balance>3187.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9332.81000000</valUSD>
        <pctVal>0.034733127006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHENZHEN KINWONG ELECTRONIC CO</name>
        <lei>N/A</lei>
        <title>Shenzhen Kinwong Electronic Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FZ7"/>
          <ticker value="603228"/>
          <other otherDesc="SEDOL" value="BZ0X672"/>
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        <balance>1140.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4939.53000000</valUSD>
        <pctVal>0.018383029638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NONFEMET</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"/>
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        <balance>24800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>15316.50000000</valUSD>
        <pctVal>0.057002118311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Guangzhou Shiyuan Electronic T</name>
        <lei>300300XCN9JKXKDKGF57</lei>
        <title>Guangzhou Shiyuan Electronic Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002K47"/>
          <ticker value="002841"/>
          <other otherDesc="SEDOL" value="BFCCR41"/>
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        <balance>12100.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>55451.13000000</valUSD>
        <pctVal>0.206367765010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SLHC</name>
        <lei>300300A3R98BIKL5XH91</lei>
        <title>Shanghai Lingang Holdings Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000C74"/>
          <ticker value="600848"/>
          <other otherDesc="SEDOL" value="6798729"/>
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        <balance>7100.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>8878.33000000</valUSD>
        <pctVal>0.033041727357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MYGD</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"/>
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        <balance>5020.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHINA SUNTIEN</name>
        <lei>529900JAYC5BYZPWOK13</lei>
        <title>China Suntien Green Energy Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003ZJ7"/>
          <ticker value="600956"/>
          <other otherDesc="SEDOL" value="BMB1X39"/>
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        <balance>1000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>12800.00000000</balance>
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        <valUSD>6306.47000000</valUSD>
        <pctVal>0.023470254240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen SC New Energy Technol</name>
        <lei>30030050928CNGYD2N39</lei>
        <title>Shenzhen SC New Energy Technology Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003G91"/>
          <ticker value="300724"/>
          <other otherDesc="SEDOL" value="BGDM6S4"/>
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        <balance>1500.00000000</balance>
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        <valUSD>10754.58000000</valUSD>
        <pctVal>0.040024407766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Autobio Diagnostics Co Ltd</name>
        <lei>300300HTZSCUCA32U369</lei>
        <title>Autobio Diagnostics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002GC4"/>
          <ticker value="603658"/>
          <other otherDesc="SEDOL" value="BYNC4Q4"/>
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        <balance>1100.00000000</balance>
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        <valUSD>5960.06000000</valUSD>
        <pctVal>0.022181049539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Isoftstone Information Technol</name>
        <lei>N/A</lei>
        <title>Isoftstone Information Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000058S0"/>
          <ticker value="301236"/>
          <other otherDesc="SEDOL" value="BLC7SL2"/>
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        <balance>14300.00000000</balance>
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        <valUSD>103598.74000000</valUSD>
        <pctVal>0.385554639403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TZXP</name>
        <lei>300300KHA32RYXJS8249</lei>
        <title>Tianjin Pharmaceutical Da Re Tang Group Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001808"/>
          <ticker value="600329"/>
          <other otherDesc="SEDOL" value="6218733"/>
        </identifiers>
        <balance>6362.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>30003.02000000</valUSD>
        <pctVal>0.111659693516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>8100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>23382.79000000</valUSD>
        <pctVal>0.087021745309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHUANGHUAN DR.</name>
        <lei>N/A</lei>
        <title>Zhejiang Shuanghuan Driveline Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000TF4"/>
          <ticker value="002472"/>
          <other otherDesc="SEDOL" value="BP91M35"/>
        </identifiers>
        <balance>18200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>80399.98000000</valUSD>
        <pctVal>0.299217782928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keda Industrial Group Co Ltd</name>
        <lei>300300J9W79188WE1R80</lei>
        <title>Keda Industrial Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001CP8"/>
          <ticker value="600499"/>
          <other otherDesc="SEDOL" value="BP3R8B9"/>
        </identifiers>
        <balance>18300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>26159.91000000</valUSD>
        <pctVal>0.097357117151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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>500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2294.84000000</valUSD>
        <pctVal>0.008540511290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Loongson Technology Corp Ltd</name>
        <lei>N/A</lei>
        <title>Loongson Technology Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005QH5"/>
          <ticker value="688047"/>
          <other otherDesc="SEDOL" value="BNTXRP4"/>
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        <balance>4660.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>83727.76000000</valUSD>
        <pctVal>0.311602499363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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"/>
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        <balance>32010.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>39583.24000000</valUSD>
        <pctVal>0.147313585325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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"/>
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        <balance>10645.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21628.91000000</valUSD>
        <pctVal>0.080494478945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GoodWe Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>GoodWe Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004363"/>
          <ticker value="688390"/>
          <other otherDesc="SEDOL" value="BP91NV0"/>
        </identifiers>
        <balance>1707.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9519.00000000</valUSD>
        <pctVal>0.035426054530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SooChow Securities Co Ltd</name>
        <lei>300300E1008532000098</lei>
        <title>SooChow Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000019P8"/>
          <ticker value="601555"/>
          <other otherDesc="SEDOL" value="B7D5Y75"/>
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        <balance>19520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>21591.66000000</valUSD>
        <pctVal>0.080355848781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DFD</name>
        <lei>300300Q9KUCF6Y6SB977</lei>
        <title>Do-Fluoride New Materials Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000P85"/>
          <ticker value="002407"/>
          <other otherDesc="SEDOL" value="B3NVLZ2"/>
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        <balance>5220.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>8331.37000000</valUSD>
        <pctVal>0.031006152739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUNDA Holding Group Co Ltd</name>
        <lei>300300HU5TWO2S5DH054</lei>
        <title>YUNDA Holding Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000015"/>
          <ticker value="002120"/>
          <other otherDesc="SEDOL" value="BD6QV98"/>
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        <balance>31800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>30761.52000000</valUSD>
        <pctVal>0.114482538601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEWLAND</name>
        <lei>300300ZUFD0Z67DVAK44</lei>
        <title>Newland Digital Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014B1"/>
          <ticker value="000997"/>
          <other otherDesc="SEDOL" value="6275727"/>
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        <balance>8340.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>35962.94000000</valUSD>
        <pctVal>0.133840222029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SCIE</name>
        <lei>3003003UR8BIGZQWJO77</lei>
        <title>Shanxi Coal International Energy Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FH8"/>
          <ticker value="600546"/>
          <other otherDesc="SEDOL" value="BP3RC95"/>
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        <balance>700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>945.28000000</valUSD>
        <pctVal>0.003517968360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>8700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>13813.17000000</valUSD>
        <pctVal>0.051407302621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State Grid Yingda Co Ltd</name>
        <lei>3003001FMF7ATQEFDL34</lei>
        <title>State Grid Yingda Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001G20"/>
          <ticker value="600517"/>
          <other otherDesc="SEDOL" value="BP3R8D1"/>
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        <balance>11700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7972.88000000</valUSD>
        <pctVal>0.029671990927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>29800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>30233.02000000</valUSD>
        <pctVal>0.112515664999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hisense HA</name>
        <lei>529900PRGESPUBUBN103</lei>
        <title>Hisense Home Appliances Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000LC9"/>
          <ticker value="000921"/>
          <other otherDesc="SEDOL" value="BD5M2M7"/>
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        <balance>13300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>51518.05000000</valUSD>
        <pctVal>0.191730354930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Greenland Holdings Corp Ltd</name>
        <lei>N/A</lei>
        <title>Greenland Holdings Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000388"/>
          <ticker value="600606"/>
          <other otherDesc="SEDOL" value="BZ3F5X4"/>
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        <balance>119700.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>27743.33000000</valUSD>
        <pctVal>0.103249996998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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="BD5CFS4"/>
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        <balance>50800.00000000</balance>
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        <valUSD>22913.69000000</valUSD>
        <pctVal>0.085275935647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>sinoma-int</name>
        <lei>300300A8BDE5H0E13J94</lei>
        <title>Sinoma International Engineering Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001LS3"/>
          <ticker value="600970"/>
          <other otherDesc="SEDOL" value="BP3RBX2"/>
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        <balance>23000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>28792.69000000</valUSD>
        <pctVal>0.107155311062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>36240.00000000</balance>
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        <pctVal>0.111748565686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ZHONGTIAN</name>
        <lei>300300PASGA31QOFFQ40</lei>
        <title>Zhongtian Financial Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FL2"/>
          <ticker value="000540"/>
          <other otherDesc="SEDOL" value="6997140"/>
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        <balance>35700.00000000</balance>
        <units>NS</units>
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        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NINGBO ORIENT WIRES &amp; CABLES</name>
        <lei>N/A</lei>
        <title>Ningbo Orient Wires &amp; Cables Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001T23"/>
          <ticker value="603606"/>
          <other otherDesc="SEDOL" value="BQZF2S3"/>
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        <balance>1000.00000000</balance>
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        <valUSD>6621.51000000</valUSD>
        <pctVal>0.024642711874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ZJHTC</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="BP3R927"/>
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        <balance>3100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>hacl</name>
        <lei>300300QU9AQS1YMTV002</lei>
        <title>Heilongjiang Agriculture Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000019Z9"/>
          <ticker value="600598"/>
          <other otherDesc="SEDOL" value="BFF5BX4"/>
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        <balance>17900.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <pctVal>0.132950904875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>5600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>35176.33000000</valUSD>
        <pctVal>0.130912762343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Suzhou Maxwell Technologies Co</name>
        <lei>N/A</lei>
        <title>Suzhou Maxwell Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003FS0"/>
          <ticker value="300751"/>
          <other otherDesc="SEDOL" value="BL61W96"/>
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        <balance>4100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>38813.23000000</valUSD>
        <pctVal>0.144447904450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ginlong Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>Ginlong Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003JZ7"/>
          <ticker value="300763"/>
          <other otherDesc="SEDOL" value="BMQBTQ9"/>
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        <balance>5700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>40416.50000000</valUSD>
        <pctVal>0.150414658358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>19725.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>12373.81000000</valUSD>
        <pctVal>0.046050558651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hebei Yangyuan Zhihui Beverage</name>
        <lei>3003004AF7PK0KCXCJ17</lei>
        <title>Hebei Yangyuan Zhihui Beverage Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002ST3"/>
          <ticker value="603156"/>
          <other otherDesc="SEDOL" value="BHWLWH0"/>
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        <balance>1800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6108.00000000</valUSD>
        <pctVal>0.022731625283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>3900.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>4000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>3400.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Stonehill Technology</name>
        <lei>N/A</lei>
        <title>Shanghai Stonehill Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008K2"/>
          <ticker value="002195"/>
          <other otherDesc="SEDOL" value="BD5CMF0"/>
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        <balance>138615.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>12000.00000000</balance>
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        <pctVal>0.236148724829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Farasis Energy Gan Zhou Co Ltd</name>
        <lei>655600667MLBZ8U4PV51</lei>
        <title>Farasis Energy Gan Zhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000041T4"/>
          <ticker value="688567"/>
          <other otherDesc="SEDOL" value="BM9ZG89"/>
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        <balance>17506.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IRICO Display Devices Co Ltd</name>
        <lei>3003005EGLX0QFEGD247</lei>
        <title>IRICO Display Devices Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000KG2"/>
          <ticker value="600707"/>
          <other otherDesc="SEDOL" value="BK5SZN6"/>
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        <balance>6500.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Guangdong Electric Power Devel</name>
        <lei>300300DJ4CW8UFX74G44</lei>
        <title>Guangdong Electric Power Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000006J0"/>
          <ticker value="000539"/>
          <other otherDesc="SEDOL" value="6388551"/>
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        <balance>2300.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Smartsens Technology Shanghai</name>
        <lei>N/A</lei>
        <title>Smartsens Technology Shanghai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005QT0"/>
          <ticker value="688213"/>
          <other otherDesc="SEDOL" value="BNNT4H9"/>
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        <balance>8205.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kingnet Network Co Ltd</name>
        <lei>N/A</lei>
        <title>Kingnet Network Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000XB5"/>
          <ticker value="002517"/>
          <other otherDesc="SEDOL" value="BD5CC27"/>
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        <balance>43600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dongxing Securities Co Ltd</name>
        <lei>3003005E7NY9IQW9AF89</lei>
        <title>Dongxing Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002177"/>
          <ticker value="601198"/>
          <other otherDesc="SEDOL" value="BYQDMD7"/>
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        <balance>44600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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="BHQPRG2"/>
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        <balance>7500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>12500.00000000</balance>
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        <pctVal>0.030022194912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHINA SUNTIEN</name>
        <lei>529900JAYC5BYZPWOK13</lei>
        <title>China Suntien Green Energy Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003ZJ7"/>
          <ticker value="600956"/>
          <other otherDesc="SEDOL" value="BMQ63N9"/>
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        <balance>7600.00000000</balance>
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        <valUSD>8417.14000000</valUSD>
        <pctVal>0.031325355670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lion</name>
        <lei>N/A</lei>
        <title>Hangzhou Lion Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004314"/>
          <ticker value="605358"/>
          <other otherDesc="SEDOL" value="BP91NJ8"/>
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        <balance>16300.00000000</balance>
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        <pctVal>0.199364913447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Giant Network Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Giant Network Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000010R3"/>
          <ticker value="002558"/>
          <other otherDesc="SEDOL" value="BD6QVW1"/>
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        <balance>33700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLMS SEC</name>
        <lei>529900KPCMJWM8DFU805</lei>
        <title>Guolian Minsheng Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000041D8"/>
          <ticker value="601456"/>
          <other otherDesc="SEDOL" value="BL57P74"/>
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        <balance>4800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Accelink Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>Accelink Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000F87"/>
          <ticker value="002281"/>
          <other otherDesc="SEDOL" value="B43J9J3"/>
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        <balance>5100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sinolink Securities Co Ltd</name>
        <lei>300300XTI3CMWAP25D43</lei>
        <title>Sinolink Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000SV4"/>
          <ticker value="600109"/>
          <other otherDesc="SEDOL" value="6093048"/>
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        <balance>18200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Laobaixing Pharmacy Chain JSC</name>
        <lei>300300C4YU1D5XYS0O68</lei>
        <title>Laobaixing Pharmacy Chain JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000023Q8"/>
          <ticker value="603883"/>
          <other otherDesc="SEDOL" value="BWTV847"/>
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        <balance>4631.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HANGYANG LIMITED</name>
        <lei>300300I9BCYICNBMOY81</lei>
        <title>Hangzhou Oxygen Plant Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000Q68"/>
          <ticker value="002430"/>
          <other otherDesc="SEDOL" value="B66HD29"/>
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        <balance>1600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OPENCUT COAL</name>
        <lei>N/A</lei>
        <title>Inner Mongolia Dian Tou Energy Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000098"/>
          <ticker value="002128"/>
          <other otherDesc="SEDOL" value="BD5CG92"/>
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        <balance>26300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Xiamen C &amp; D Inc</name>
        <lei>300300NQXZDZZ0OSCN43</lei>
        <title>Xiamen C &amp; D Inc</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000WL7"/>
          <ticker value="600153"/>
          <other otherDesc="SEDOL" value="BP3R6L5"/>
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        <balance>40100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sinocelltech Group Ltd</name>
        <lei>N/A</lei>
        <title>Sinocelltech Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003ZL3"/>
          <ticker value="688520"/>
          <other otherDesc="SEDOL" value="BLD1RK5"/>
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        <balance>552.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anker Innovations Technology C</name>
        <lei>N/A</lei>
        <title>Anker Innovations Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000047B9"/>
          <ticker value="300866"/>
          <other otherDesc="SEDOL" value="BNR4MR6"/>
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        <balance>6160.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Xiamen Tungsten Co Ltd</name>
        <lei>300300SEC2FOC4PL5N49</lei>
        <title>Xiamen Tungsten Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000001D15"/>
          <ticker value="600549"/>
          <other otherDesc="SEDOL" value="6561051"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Keboda Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Keboda Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003P41"/>
          <ticker value="603786"/>
          <other otherDesc="SEDOL" value="BK5P1C8"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Zhejiang Hailiang Co Ltd</name>
        <lei>30030052QMKYS7EZTH25</lei>
        <title>Zhejiang Hailiang Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE1000008X5"/>
          <ticker value="002203"/>
          <other otherDesc="SEDOL" value="B2N6LQ1"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tianma Microelectronics Co Ltd</name>
        <lei>300300KWFVVYL0LL8S83</lei>
        <title>Tianma Microelectronics Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000HT1"/>
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          <other otherDesc="SEDOL" value="6823740"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <name>Polaris Bay Group Co Ltd</name>
        <lei>300300M4188ZJH3H5A81</lei>
        <title>Polaris Bay Group Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE000000X53"/>
          <ticker value="600155"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Yifan Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>Yifan Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
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          <ticker value="002019"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Shenzhen SC New Energy Technol</name>
        <lei>30030050928CNGYD2N39</lei>
        <title>Shenzhen SC New Energy Technology Corp</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003G91"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sinotrans Ltd</name>
        <lei>5299005U1RZLKVFWR249</lei>
        <title>Sinotrans Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100003GS8"/>
          <ticker value="601598"/>
          <other otherDesc="SEDOL" value="BGW7583"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Biwin Storage Technology Co Lt</name>
        <lei>N/A</lei>
        <title>Biwin Storage Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005VN3"/>
          <ticker value="688525"/>
          <other otherDesc="SEDOL" value="BPH27X5"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>3003001EM2VD5NJ1WN41</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"/>
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        <balance>79600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>56673.28000000</valUSD>
        <pctVal>0.210916136955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>300300FYIZ7FGM2QRC06</lei>
        <title>GEM Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000KT4"/>
          <ticker value="002340"/>
          <other otherDesc="SEDOL" value="BD5CFW8"/>
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        <balance>144000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>121110.85000000</valUSD>
        <pctVal>0.450727973135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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="BP3R5M9"/>
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        <balance>3300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9077.48000000</valUSD>
        <pctVal>0.033782887012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AECC AEC</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"/>
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        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>53988.04000000</valUSD>
        <pctVal>0.200922707113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sinosoft Co Ltd</name>
        <lei>300300JOS4HGVGOAV954</lei>
        <title>Sinosoft Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003PB5"/>
          <ticker value="603927"/>
          <other otherDesc="SEDOL" value="BK71FY4"/>
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        <balance>14092.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>37629.26000000</valUSD>
        <pctVal>0.140041623771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Petroleum Engineering Co</name>
        <lei>300300U3F4XPURBR7A74</lei>
        <title>China Petroleum Engineering Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001642"/>
          <ticker value="600339"/>
          <other otherDesc="SEDOL" value="BDC41N0"/>
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        <balance>11100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4806.46000000</valUSD>
        <pctVal>0.017887794312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Changjiang Securities Co Ltd</name>
        <lei>300300E1003242000047</lei>
        <title>Changjiang Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000SH3"/>
          <ticker value="000783"/>
          <other otherDesc="SEDOL" value="6016670"/>
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        <balance>19900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>18090.16000000</valUSD>
        <pctVal>0.067324613364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TZXP</name>
        <lei>300300KHA32RYXJS8249</lei>
        <title>Tianjin Pharmaceutical Da Re Tang Group Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001808"/>
          <ticker value="600329"/>
          <other otherDesc="SEDOL" value="BP3RCB7"/>
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        <balance>2000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9431.95000000</valUSD>
        <pctVal>0.035102087931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>16117.30000000</valUSD>
        <pctVal>0.059982387716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>YUYUE MEDICAL</name>
        <lei>8368009VDA1C3G87FP95</lei>
        <title>Jiangsu Yuyue Medical Equipment &amp; Supply Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000009X3"/>
          <ticker value="002223"/>
          <other otherDesc="SEDOL" value="B2QNK62"/>
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        <balance>7485.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>39256.96000000</valUSD>
        <pctVal>0.146099296737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SCG</name>
        <lei>3003009M1GRD07UMUZ33</lei>
        <title>Shanghai Construction Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000WR4"/>
          <ticker value="600170"/>
          <other otherDesc="SEDOL" value="BP3R6J3"/>
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        <balance>152900.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>50504.77000000</valUSD>
        <pctVal>0.187959316739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USISH</name>
        <lei>655600ZQ6P2GFIBK8C07</lei>
        <title>Universal Scientific Industrial Shanghai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001BZ8"/>
          <ticker value="601231"/>
          <other otherDesc="SEDOL" value="BP3R4F5"/>
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        <balance>20600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>38653.77000000</valUSD>
        <pctVal>0.143854455700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CREC</name>
        <lei>3003002UYDC04RSF5385</lei>
        <title>China Railway Hi-tech Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000017Z3"/>
          <ticker value="600528"/>
          <other otherDesc="SEDOL" value="6350378"/>
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        <balance>26600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>27134.19000000</valUSD>
        <pctVal>0.100983012350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BINJIANG GROUP</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"/>
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        <balance>28500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>37062.30000000</valUSD>
        <pctVal>0.137931616851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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="BYQDMC6"/>
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        <balance>7300.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>3373.77000000</valUSD>
        <pctVal>0.012555873515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Minmetals Capital Co Ltd</name>
        <lei>300300PHWSS7ZKSTU822</lei>
        <title>Minmetals Capital Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016N1"/>
          <ticker value="600390"/>
          <other otherDesc="SEDOL" value="BDC41M9"/>
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        <balance>14600.00000000</balance>
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        <pctVal>0.039892178780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>China Railway Construction Hea</name>
        <lei>N/A</lei>
        <title>China Railway Construction Heavy Industry Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005121"/>
          <ticker value="688425"/>
          <other otherDesc="SEDOL" value="BMZ6TZ4"/>
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        <balance>4401.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>7000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JL Mag Rare-Earth Co Ltd</name>
        <lei>65560079RZSGJHK7CG66</lei>
        <title>JL Mag Rare-Earth Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003G83"/>
          <ticker value="300748"/>
          <other otherDesc="SEDOL" value="BKDQ8F5"/>
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        <balance>17300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yongan Futures Co Ltd</name>
        <lei>300300E3012933000093</lei>
        <title>Yongan Futures Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100005D50"/>
          <ticker value="600927"/>
          <other otherDesc="SEDOL" value="BQ3RWT2"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <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"/>
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        <balance>19200.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>9900.00000000</balance>
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        <valUSD>22945.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Xinji Energy Co Ltd</name>
        <lei>300300CE1JVPWVDT9H80</lei>
        <title>China Coal Xinji Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000008D7"/>
          <ticker value="601918"/>
          <other otherDesc="SEDOL" value="BP3RCC8"/>
        </identifiers>
        <balance>44700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>41565.24000000</valUSD>
        <pctVal>0.154689826535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>30800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>10772.07000000</valUSD>
        <pctVal>0.040089498815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>29300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>46886.18000000</valUSD>
        <pctVal>0.174492317405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHUANGHUAN DR.</name>
        <lei>N/A</lei>
        <title>Zhejiang Shuanghuan Driveline Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000TF4"/>
          <ticker value="002472"/>
          <other otherDesc="SEDOL" value="B52HRN5"/>
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        <balance>1700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7509.89000000</valUSD>
        <pctVal>0.027948920333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Leader Harmonious Drive System</name>
        <lei>N/A</lei>
        <title>Leader Harmonious Drive Systems Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000043F9"/>
          <ticker value="688017"/>
          <other otherDesc="SEDOL" value="BMGJQ17"/>
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        <balance>2948.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>47460.62000000</valUSD>
        <pctVal>0.176630162007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DHC Software Co Ltd</name>
        <lei>300300NIFA1100061160</lei>
        <title>DHC Software Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001NL4"/>
          <ticker value="002065"/>
          <other otherDesc="SEDOL" value="B18TH93"/>
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        <balance>15600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>19767.12000000</valUSD>
        <pctVal>0.073565613091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wanda Film Holding Co Ltd</name>
        <lei>N/A</lei>
        <title>Wanda Film Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001WW1"/>
          <ticker value="002739"/>
          <other otherDesc="SEDOL" value="BV86QQ4"/>
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        <balance>29000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>44031.48000000</valUSD>
        <pctVal>0.163868222661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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"/>
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        <balance>12300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>27876.56000000</valUSD>
        <pctVal>0.103745827783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BBMG Corp</name>
        <lei>529900T6R2GKVJ9Y2J16</lei>
        <title>BBMG Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000010M4"/>
          <ticker value="601992"/>
          <other otherDesc="SEDOL" value="B3NBFQ1"/>
        </identifiers>
        <balance>6500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>1389.26000000</valUSD>
        <pctVal>0.005170291051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GW COMPOS</name>
        <lei>6556005NSLA1CR4BUU74</lei>
        <title>Weihai Guangwei Composites Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000034T9"/>
          <ticker value="300699"/>
          <other otherDesc="SEDOL" value="BFY8H81"/>
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        <balance>15180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>64530.75000000</valUSD>
        <pctVal>0.240158616279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Superconducting Techno</name>
        <lei>300300IUC83XEOSKRG67</lei>
        <title>Western Superconducting Technologies Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003MF3"/>
          <ticker value="688122"/>
          <other otherDesc="SEDOL" value="BK6D2S4"/>
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        <balance>1137.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7812.70000000</valUSD>
        <pctVal>0.029075862614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Joincare</name>
        <lei>3003006PUWUKPH72TS46</lei>
        <title>Joincare Pharmaceutical Group Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001816"/>
          <ticker value="600380"/>
          <other otherDesc="SEDOL" value="6352318"/>
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        <balance>11412.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>17659.75000000</valUSD>
        <pctVal>0.065722792991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>2200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4631.87000000</valUSD>
        <pctVal>0.017238037524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>10800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>68109.86000000</valUSD>
        <pctVal>0.253478686247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>22000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>16732.13000000</valUSD>
        <pctVal>0.062270548354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ASYMCHEM</name>
        <lei>8368002CY8G4Q85YRQ60</lei>
        <title>Asymchem Laboratories Tianjin Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BZ6"/>
          <ticker value="002821"/>
          <other otherDesc="SEDOL" value="BD6V5C4"/>
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        <balance>6300.00000000</balance>
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        <pctVal>0.306626104460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>flyco</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"/>
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        <balance>800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4164.71000000</valUSD>
        <pctVal>0.015499447795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Baoan Group Co Ltd</name>
        <lei>300300SWCZND4GQFVP61</lei>
        <title>China Baoan Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000222"/>
          <ticker value="000009"/>
          <other otherDesc="SEDOL" value="BD5CKD4"/>
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        <balance>53720.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>59794.10000000</valUSD>
        <pctVal>0.222530627920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>1100.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6909.64000000</valUSD>
        <pctVal>0.025715020844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>XEMC</name>
        <lei>3003000LARJVHCSEYU79</lei>
        <title>Xiangtan Electric Manufacturing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001BY2"/>
          <ticker value="600416"/>
          <other otherDesc="SEDOL" value="6537494"/>
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        <balance>2800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>4262.97000000</valUSD>
        <pctVal>0.015865133698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TDTEC</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"/>
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        <balance>19200.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>15828.35000000</valUSD>
        <pctVal>0.058907027021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KAIFA</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>18700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>44846.99000000</valUSD>
        <pctVal>0.166903237025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCIE</name>
        <lei>3003003UR8BIGZQWJO77</lei>
        <title>Shanxi Coal International Energy Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FH8"/>
          <ticker value="600546"/>
          <other otherDesc="SEDOL" value="6673246"/>
        </identifiers>
        <balance>23200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>31329.16000000</valUSD>
        <pctVal>0.116595076220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Heavy Equipment Group</name>
        <lei>300300NXSE6POUGGPK97</lei>
        <title>Sinomach Heavy Equipment Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE099900373"/>
          <ticker value="601399"/>
          <other otherDesc="SEDOL" value="BMXTX53"/>
        </identifiers>
        <balance>99200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>41715.96000000</valUSD>
        <pctVal>0.155250748369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Changsha Co Ltd</name>
        <lei>300300C1086243000041</lei>
        <title>Bank of Changsha Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003F50"/>
          <ticker value="601577"/>
          <other otherDesc="SEDOL" value="BF8RR17"/>
        </identifiers>
        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>11436.58000000</valUSD>
        <pctVal>0.042562549292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>By-health Co Ltd</name>
        <lei>N/A</lei>
        <title>By-health Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000Y84"/>
          <ticker value="300146"/>
          <other otherDesc="SEDOL" value="B4MT3J2"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>6484.12000000</valUSD>
        <pctVal>0.024131399169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Chengdu UAS Co Ltd</name>
        <lei>N/A</lei>
        <title>AVIC Chengdu UAS Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005QG7"/>
          <ticker value="688297"/>
          <other otherDesc="SEDOL" value="BPG6JB0"/>
        </identifiers>
        <balance>545.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>3477.11000000</valUSD>
        <pctVal>0.012940465223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CFHI</name>
        <lei>300300XL9QDDBPWJKK85</lei>
        <title>China First Heavy Industries Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000L48"/>
          <ticker value="601106"/>
          <other otherDesc="SEDOL" value="BP3R7W3"/>
        </identifiers>
        <balance>19600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>7344.59000000</valUSD>
        <pctVal>0.027333737350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHIFENG GOLD</name>
        <lei>300300PUFBCIZ7STN538</lei>
        <title>Chifeng Jilong Gold Mining Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001H94"/>
          <ticker value="600988"/>
          <other otherDesc="SEDOL" value="B00QBS2"/>
        </identifiers>
        <balance>11200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>40818.84000000</valUSD>
        <pctVal>0.151912012994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Remegen Co Ltd</name>
        <lei>300300M9HCX4TFAD4I10</lei>
        <title>Remegen Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005B03"/>
          <ticker value="688331"/>
          <other otherDesc="SEDOL" value="BQ3RT79"/>
        </identifiers>
        <balance>4894.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>40067.32000000</valUSD>
        <pctVal>0.149115144783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>996.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>2405.23000000</valUSD>
        <pctVal>0.008951340386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Group Co Ltd</name>
        <lei>300300PBRRWGVD4VNQ86</lei>
        <title>China Meheco Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000Q29"/>
          <ticker value="600056"/>
          <other otherDesc="SEDOL" value="6109398"/>
        </identifiers>
        <balance>11340.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>16509.60000000</valUSD>
        <pctVal>0.061442377336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jafron Biomedical Co Ltd</name>
        <lei>N/A</lei>
        <title>Jafron Biomedical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002995"/>
          <ticker value="300529"/>
          <other otherDesc="SEDOL" value="BFY8H03"/>
        </identifiers>
        <balance>12700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>38477.37000000</valUSD>
        <pctVal>0.143197962789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>16530.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>31452.72000000</valUSD>
        <pctVal>0.117054918987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>11676.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>53086.72000000</valUSD>
        <pctVal>0.197568340953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>6040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>9388.64000000</valUSD>
        <pctVal>0.034940904780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Amoytop Biotech Co Ltd</name>
        <lei>N/A</lei>
        <title>Xiamen Amoytop Biotech Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003RT3"/>
          <ticker value="688278"/>
          <other otherDesc="SEDOL" value="BNHPMR9"/>
        </identifiers>
        <balance>4682.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>50197.01000000</valUSD>
        <pctVal>0.186813952463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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 Energy Investment Co L</name>
        <lei>N/A</lei>
        <title>Shaanxi Energy Investment Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005Z70"/>
          <ticker value="001286"/>
          <other otherDesc="SEDOL" value="BNC3K30"/>
        </identifiers>
        <balance>18400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.20530000"/>
        <valUSD>22906.47000000</valUSD>
        <pctVal>0.085249065585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <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>2025-07-22</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>
</edgarSubmission>
