The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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

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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
DAQO NEW ENERGY CORP SPNSRD ADS NEW 23703Q203 32,564 456,216 SH   SOLE   456,216 0 0
LI AUTO INC SPONSORED ADS 50202M102 45,814 1,195,852 SH   SOLE   1,195,852 0 0
NETEASE INC SPONSORED ADS 64110W102 8,426 90,251 SH   SOLE   90,251 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581206 6,395 314,104 SH   SOLE   314,104 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104 347 71,293 SH   SOLE   71,293 0 0