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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Superconducting Technologies Co., Ltd.</name>
        <lei>300300IUC83XEOSKRG67</lei>
        <title>WESTERN SUPERCONDUCTING TE-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MF3"/>
        </identifiers>
        <balance>131466.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1807995.76000000</valUSD>
        <pctVal>3.077580144443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Railway Signal &amp; Communication Corporation Limited</name>
        <lei>529900GK68ZHDM38WD21</lei>
        <title>CHINA RAILWAY SIGNAL &amp; COM-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MP2"/>
        </identifiers>
        <balance>964012.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>651378.89000000</valUSD>
        <pctVal>1.108780663497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>3Peak Inc</name>
        <lei>N/A</lei>
        <title>3PEAK INC-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000042T2"/>
        </identifiers>
        <balance>18943.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1586796.24000000</valUSD>
        <pctVal>2.701053127194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzhou Nanomicro Technology Co Ltd</name>
        <lei>300300Q08I9SJFQCCR38</lei>
        <title>SUZHOU NANOMICRO TECHNOLOG-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005105"/>
        </identifiers>
        <balance>18894.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>227741.44000000</valUSD>
        <pctVal>0.387662708794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Kingsoft Office Software Inc</name>
        <lei>N/A</lei>
        <title>BEIJING KINGSOFT OFFICE SO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003PM2"/>
        </identifiers>
        <balance>87068.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>2560013.75000000</valUSD>
        <pctVal>4.357669227334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qingdao Haier Biomedical Co Ltd</name>
        <lei>N/A</lei>
        <title>QINGDAO HAIER BIOMEDICAL C-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003P25"/>
        </identifiers>
        <balance>89827.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>975821.19000000</valUSD>
        <pctVal>1.661048098293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhuzhou CRRC Times Electric Co., Ltd.</name>
        <lei>529900PLNH7NQLN00B53</lei>
        <title>ZHUZHOU CRRC TIMES ELECTRI-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004QK2"/>
        </identifiers>
        <balance>82055.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>795434.87000000</valUSD>
        <pctVal>1.353993530443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangdong JiaYuan Technology Shares Co., Ltd.</name>
        <lei>300300KOISMA5NZEGW93</lei>
        <title>GUANGDONG JIA YUAN TECHNOL-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MD8"/>
        </identifiers>
        <balance>77407.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>979912.90000000</valUSD>
        <pctVal>1.668013029147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Autel Intelligent Technology Corp Ltd</name>
        <lei>N/A</lei>
        <title>AUTEL INTELLIGENT TECHNOLO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003RF2"/>
        </identifiers>
        <balance>127755.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>627322.37000000</valUSD>
        <pctVal>1.067831525267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shandong Weigao Orthopaedic Device Co Ltd</name>
        <lei>N/A</lei>
        <title>SHANDONG WEIGAO ORTHOPAEDI-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000050W9"/>
        </identifiers>
        <balance>16998.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>122182.16000000</valUSD>
        <pctVal>0.207979132440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jinko Solar Co., Ltd.</name>
        <lei>300300RHCPJNG9KTKT10</lei>
        <title>JINKO SOLAR CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="688223.SS"/>
        </identifiers>
        <balance>661040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1472111.09000000</valUSD>
        <pctVal>2.505835445653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ningbo Ronbay New Energy Technology Co Ltd</name>
        <lei>836800IZGSNBP6FLFG39</lei>
        <title>NINGBO RONBAY NEW ENERGY T-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MS6"/>
        </identifiers>
        <balance>126930.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>2450675.58000000</valUSD>
        <pctVal>4.171553204019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <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>JIANGSU GOODWE POWER SUPPL-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004363"/>
        </identifiers>
        <balance>29086.40000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1358004.54000000</valUSD>
        <pctVal>2.311602660156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ninebot Ltd</name>
        <lei>N/A</lei>
        <title>NINEBOT LTD-CDR DEPOSITARY RECEIPT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="689009.SS"/>
        </identifiers>
        <balance>168830.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1120631.10000000</valUSD>
        <pctVal>1.907544308956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cambricon Technologies Corp Ltd</name>
        <lei>N/A</lei>
        <title>CAMBRICON TECHNOLOGIES-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000041R8"/>
        </identifiers>
        <balance>94627.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>913213.64000000</valUSD>
        <pctVal>1.554477188651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Everdisplay Optronics Shanghai Co Ltd</name>
        <lei>N/A</lei>
        <title>EVERDISPLAY OPTRONICS SHAN-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000051N6"/>
        </identifiers>
        <balance>1311658.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>524334.51000000</valUSD>
        <pctVal>0.892525033920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang HangKe Technology Incorporated Co</name>
        <lei>N/A</lei>
        <title>ZHEJIANG HANGKE TECHNOLOGY-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MW8"/>
        </identifiers>
        <balance>57331.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>599118.44000000</valUSD>
        <pctVal>1.019822643341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amlogic Shanghai Co Ltd</name>
        <lei>N/A</lei>
        <title>AMLOGIC SHANGHAI INC-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003LZ3"/>
        </identifiers>
        <balance>116472.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1754672.00000000</valUSD>
        <pctVal>2.986812152264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Micro-Fabrication Equipment Inc China</name>
        <lei>N/A</lei>
        <title>ADVANCED MICRO-FABRICATION-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MM9"/>
        </identifiers>
        <balance>147992.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>2577200.26000000</valUSD>
        <pctVal>4.386924197449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Medicilon Inc</name>
        <lei>N/A</lei>
        <title>SHANGHAI MEDICILON INC-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003NQ8"/>
        </identifiers>
        <balance>20520.20000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1039477.51000000</valUSD>
        <pctVal>1.769404229892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Micro-Fabrication Equipment Inc China</name>
        <lei>N/A</lei>
        <title>ADVANCED MICRO-FABRICATION-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MM9"/>
        </identifiers>
        <balance>26592.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>463085.23000000</valUSD>
        <pctVal>0.788266178806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Roborock Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>BEIJING ROBOROCK TECHNOLOG-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003R80"/>
        </identifiers>
        <balance>15772.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1450820.74000000</valUSD>
        <pctVal>2.469594896932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Transsion Holdings Co Ltd</name>
        <lei>300300PDJRSNMVF0VJ83</lei>
        <title>SHENZHEN TRANSSION HOLDING-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003P74"/>
        </identifiers>
        <balance>113561.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1511447.75000000</valUSD>
        <pctVal>2.572794520692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Supcon Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>ZHEJIANG SUPCON TECHNOLOGY-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005D92"/>
        </identifiers>
        <balance>140751.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1527556.27000000</valUSD>
        <pctVal>2.600214530410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZWSOFT Guangzhou Co Ltd</name>
        <lei>N/A</lei>
        <title>ZWSOFT CO LTD GUANGZHOU-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000053S1"/>
        </identifiers>
        <balance>20463.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>639205.49000000</valUSD>
        <pctVal>1.088059036290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Montage Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>MONTAGE TECHNOLOGY CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MN7"/>
        </identifiers>
        <balance>213955.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1933324.47000000</valUSD>
        <pctVal>3.290915351283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Cnano Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>JIANGSU CNANO TECHNOLOGY C-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003P90"/>
        </identifiers>
        <balance>87722.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>2217583.69000000</valUSD>
        <pctVal>3.774782930346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raytron Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>RAYTRON TECHNOLOGY CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MX6"/>
        </identifiers>
        <balance>126360.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>748638.05000000</valUSD>
        <pctVal>1.274335730773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhuhai CosMX Battery Co Ltd</name>
        <lei>N/A</lei>
        <title>ZHUHAI COSMX BATTERY CO LT-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005030"/>
        </identifiers>
        <balance>52971.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>242565.81000000</valUSD>
        <pctVal>0.412896831448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qi An Xin Technology Group Inc</name>
        <lei>N/A</lei>
        <title>QI AN XIN TECHNOLOGY GROUP-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000041K3"/>
        </identifiers>
        <balance>128824.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1072220.28000000</valUSD>
        <pctVal>1.825139149771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Friendess Electronic Technology Corp Ltd</name>
        <lei>N/A</lei>
        <title>SHANGHAI FRIENDESS ELECTRO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003LY6"/>
        </identifiers>
        <balance>20625.40000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>676950.72000000</valUSD>
        <pctVal>1.152309170591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GalaxyCore Inc</name>
        <lei>N/A</lei>
        <title>GALAXYCORE INC-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004PM0"/>
        </identifiers>
        <balance>94392.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>288771.21000000</valUSD>
        <pctVal>0.491547912802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pylon Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>PYLON TECHNOLOGIES CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005D68"/>
        </identifiers>
        <balance>36557.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1702379.91000000</valUSD>
        <pctVal>2.897800274330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cathay Biotech Inc</name>
        <lei>N/A</lei>
        <title>CATHAY BIOTECH INC-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004447"/>
        </identifiers>
        <balance>59024.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>984290.92000000</valUSD>
        <pctVal>1.675465318429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hunan Changyuan Lico Co Ltd</name>
        <lei>N/A</lei>
        <title>HUNAN CHANGYUAN LICO CO LT-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000050S7"/>
        </identifiers>
        <balance>182183.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>543489.16000000</valUSD>
        <pctVal>0.925130182570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bestechnic Shanghai Co Ltd</name>
        <lei>N/A</lei>
        <title>BESTECHNIC SHANGHAI CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="688608.SS"/>
        </identifiers>
        <balance>33996.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>697749.11000000</valUSD>
        <pctVal>1.187712302344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Railway Signal &amp; Communication Corporation Limited</name>
        <lei>529900GK68ZHDM38WD21</lei>
        <title>CHINA RAILWAY SIGNAL &amp; COM-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MP2"/>
        </identifiers>
        <balance>257168.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>173767.35000000</valUSD>
        <pctVal>0.295787721378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sansure Biotech Inc</name>
        <lei>N/A</lei>
        <title>SANSURE BIOTECH INC-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000043J1"/>
        </identifiers>
        <balance>138926.72000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>613588.52000000</valUSD>
        <pctVal>1.044453691645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Micro-Tech Nanjing Co Ltd</name>
        <lei>N/A</lei>
        <title>MICRO-TECH NANJING CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MG1"/>
        </identifiers>
        <balance>35365.80000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>459994.89000000</valUSD>
        <pctVal>0.783005785372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bloomage Biotechnology Corp Ltd</name>
        <lei>3003000JYMDZWD0IUE82</lei>
        <title>BLOOMAGE BIOTECHNOLOGY COR-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003NL9"/>
        </identifiers>
        <balance>45431.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>963482.53000000</valUSD>
        <pctVal>1.640045164622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xinjiang Daqo New Energy Co Ltd</name>
        <lei>N/A</lei>
        <title>XINJIANG DAQO NEW ENERGY C-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004P24"/>
        </identifiers>
        <balance>99982.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>1018879.25000000</valUSD>
        <pctVal>1.734341760505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OPT Machine Vision Tech Co Ltd</name>
        <lei>N/A</lei>
        <title>OPT MACHINE VISION TECH CO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="688686.SS"/>
        </identifiers>
        <balance>11683.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>450733.56000000</valUSD>
        <pctVal>0.767241099442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chengdu XGimi Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>CHENGDU XGIMI TECHNOLOGY C-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005D76"/>
        </identifiers>
        <balance>19830.80000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>910669.19000000</valUSD>
        <pctVal>1.550146012123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CanSino Biologics Inc.</name>
        <lei>254900SPBQ0ZVM8QC931</lei>
        <title>CANSINO BIOLOGICS INC-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004BM0"/>
        </identifiers>
        <balance>32517.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>965586.40000000</valUSD>
        <pctVal>1.643626383495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tianneng Battery Group Co., Ltd.</name>
        <lei>300300NOKZOLM51U7U67</lei>
        <title>TIANNENG BATTERY GROUP CO -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004C29"/>
        </identifiers>
        <balance>59670.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.70420000"/>
        <valUSD>307775.51000000</valUSD>
        <pctVal>0.523897134870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Krane Funds Advisors, LLC</ncom:nameOfApplicant>
      <ncom:signature>Jonathan Krane</ncom:signature>
      <ncom:signerName>Jonathan Krane</ncom:signerName>
      <ncom:title>CEO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
