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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
NETEASE INC SPONSORED ADS 64110W102 77,541 907,975 SH   SOLE 0 907,975 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104 11,695 2,416,398 SH   SOLE 0 2,416,398 0 0
21VIANET GROUP INC SPONSORED ADS A 90138A103 139,043 8,032,552 SH   SOLE 0 8,032,552 0 0
AGORA INC ADS 00851L103 68,561 2,364,176 SH   SOLE 0 2,364,176 0 0
BILIBILI INC SPONS ADS REP Z 090040106 73,614 1,112,500 SH   SOLE 0 1,112,500 0 0
GDS HLDGS LTD SPONSORED ADS 36165L108 154,622 2,731,356 SH   SOLE 0 2,731,356 0 0
I MAB SPONSORED ADS 44975P103 168,269 2,321,270 SH   SOLE 0 2,321,270 0 0
LEXINFINTECH HLDGS LTD ADR 528877103 46,415 7,880,338 SH   SOLE 0 7,880,338 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581107 16,651 8,122,550 SH   SOLE 0 8,122,550 0 0
SEA LTD SPONSORD ADS 81141R100 12,112 38,000 SH   SOLE 0 38,000 0 0
KAROOOOO LTD ORD SHS Y4600W108 824 27,900 SH   SOLE 0 27,900 0 0