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
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
ATRENEW INC SPONSORED ADS 00138L108   1,737,750 525,000 SH   OTR 1 525,000 0 0
META PLATFORMS INC CL A 30303M102   731,699,617 991,342 SH   OTR 1 991,342 0 0
FULL TRUCK ALLIANCE CO LTD SPONSORED ADS 35969L108   303,158,153 25,669,615 SH   OTR 1 25,669,615 0 0
FULL TRUCK ALLIANCE CO LTD SPONSORED ADS 35969L108   36,905,211 3,124,912 SH   OTR 1 0 0 3,124,912
FUTU HLDGS LTD SPON ADS CL A 36118L106   176,537,439 1,428,412 SH   OTR 1 1,428,412 0 0
FUTU HLDGS LTD SPON ADS CL A 36118L106   12,726,927 102,977 SH   OTR 1 0 0 102,977
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100   16,571,398 780,933 SH   OTR 1 780,933 0 0
KE HLDGS INC SPONSORED ADS 482497104   77,571,237 4,372,674 SH   OTR 1 4,372,674 0 0
KE HLDGS INC SPONSORED ADS 482497104   4,754,888 268,032 SH   OTR 1 0 0 268,032
MICROSOFT CORP COM 594918104   14,250,797 28,650 SH   OTR 1 28,650 0 0
NETEASE INC SPONSORED ADS 64110W102   436,205,137 3,241,233 SH   OTR 1 3,241,233 0 0
NETEASE INC SPONSORED ADS 64110W102   32,940,743 244,767 SH   OTR 1 0 0 244,767
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581206   70,201,574 1,301,234 SH   OTR 1 1,301,234 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581206   1,455,787 26,984 SH   OTR 1 0 0 26,984
NVIDIA CORPORATION COM 67066G104   99,603,216 630,440 SH   OTR 1 630,440 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102   289,475,326 2,765,864 SH   OTR 1 2,765,864 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102   47,513,024 453,975 SH   OTR 1 0 0 453,975
TAL EDUCATION GROUP SPONSORED ADS 874080104   22,987,253 2,249,242 SH   OTR 1 2,249,242 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104   4,314,056 422,119 SH   OTR 1 0 0 422,119
QIFU TECHNOLOGY INC AMERICAN DEP 88557W101   118,774,921 2,739,274 SH   OTR 1 2,739,274 0 0
QIFU TECHNOLOGY INC AMERICAN DEP 88557W101   24,115,271 556,164 SH   OTR 1 0 0 556,164
ALPHABET INC CAP STK CL A 02079K305   32,592,329 184,942 SH   OTR 1 184,942 0 0
SEA LTD SPONSORD ADS 81141R100   28,750,654 179,759 SH   OTR 1 179,759 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   29,729,983 131,264 SH   OTR 1 131,264 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   52,735,650 465,000 SH   OTR 1 465,000 0 0
TRIP COM GROUP LTD ADS 89677Q107   22,136,600 377,500 SH   OTR 1 377,500 0 0
DAQO NEW ENERGY CORP SPNSRD ADS NEW 23703Q203   40,536,682 2,672,161 SH   OTR 1 2,672,161 0 0
SUPER HI INTL HLDG LTD SPONSORED ADS 86803S106   5,238,016 268,341 SH   OTR 1 268,341 0 0
BEONE MEDICINES LTD SPONSORED ADS 07725L102   3,752,569 15,502 SH   OTR 1 15,502 0 0
CANADIAN SOLAR INC COM 136635109   3,700,420 335,183 SH   OTR 1 335,183 0 0
LIBERTY MEDIA CORP DEL COM LBTY ONE S C 531229755   1,011,560 9,680 SH   OTR 1 9,680 0 0
HESAI GROUP SPONSORED ADS 428050108   884,387 40,291 SH   OTR 1 40,291 0 0
NEBIUS GROUP N.V. SHS CLASS A N97284108   70,617,845 1,276,303 SH   OTR 1 1,276,303 0 0
INTEL CORP COM 458140100   45,585,635 2,035,073 SH   OTR 1 2,035,073 0 0
ATOUR LIFESTYLE HLDGS LTD SPONSORED ADS 04965M106   6,849,857 210,700 SH   OTR 1 210,700 0 0
H WORLD GROUP LTD SPONSORED ADS 44332N106   5,997,056 176,800 SH   OTR 1 176,800 0 0