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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
MARRIOTT INTL INC NEW CL A 571903202 36,555 336,729 SH   SOLE   36,555 0 0
ZTO EXPRESS CAYMAN INC SPONSORED ADR 98980A105 103,850 6,560,344 SH   SOLE   103,850 0 0
TAL ED GROUP SPONSORED ADS 874080104 49,296 1,847,669 SH   SOLE   49,296 0 0
IPG PHOTONICS CORP COM 44980X109 431 3,800 SH   SOLE   431 0 0