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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ATOUR LIFESTYLE HOLDINGS LTD SPONSORED ADS 04965M106 BBG011C6KJG8 190,182,265 5,849,962 SH   SOLE   2,169,300 0 3,680,662
RLX TECHNOLOGY INC SPONSORED ADS 74969N103 BBG00YR17764 138,930,377 62,864,424 SH   SOLE   45,394,120 0 17,470,304
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581206 BBG000HW5WY7 383,872,161 7,115,332 SH   SOLE   3,265,239 0 3,850,093
FULL TRUCK ALLIANCE CO LTD SPONSORED ADS 35969L108 BBG01186DLS3 466,431,864 39,494,654 SH   SOLE   8,877,151 0 30,617,503
AXT INC COM 00246W103 BBG000BHZ0N5 3,616,026 1,730,156 SH   SOLE   1,730,156 0 0
LUFAX HOLDING LTD SPONSORED ADR 54975P201 BBG00XS6QZN2 18,037,317 6,464,988 SH   SOLE   5,229,694 0 1,235,294
PDD HOLDINGS INC AMERICAN DEP 722304102 BBG00LBLDDR2 583,777,990 5,577,852 SH   SOLE   1,841,516 0 3,736,336
NOAH HLDGS LTD SPON ADS 65487X102 BBG0017X96T3 2,093,416 175,328 SH   SOLE   136,733 0 38,595
AGORA INC ADS 00851L103 BBG00V9VKFB5 37,719 9,900 SH   SOLE   9,900 0 0