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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
H WORLD GROUP LTD SPONSORED ADS 44332N106   20,258,128 413,600 SH   SOLE   413,600 0 0
IQIYI INC SPONSORED ADS 46267X108   364,000 50,000 SH   SOLE   50,000 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581206   4,733,586 122,600 SH   SOLE   122,600 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102   834,900 11,000 SH   SOLE   11,000 0 0
TRIP COM GROUP LTD ADS 89677Q107   17,776,473 471,900 SH   SOLE   471,900 0 0
YUM CHINA HLDGS INC COM 98850P109   3,518,145 55,500 SH   SOLE   55,500 0 0
ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105   7,225,186 252,100 SH   SOLE   252,100 0 0