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          <isin value="CNE100000F87"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5C8C99"/>
        </identifiers>
        <balance>2100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>50177.76000000</valUSD>
        <pctVal>0.210788831965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Crystal-Optech Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Zhejiang Crystal-Optech Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000CT1"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5C9N79"/>
        </identifiers>
        <balance>27400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>102563.12000000</valUSD>
        <pctVal>0.430851442303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ganfeng Lithium Group Co. Ltd.</name>
        <lei>3003006BE6UOHWEOOR42</lei>
        <title>Ganfeng Lithium Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000SF6"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CB194"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>36790.61000000</valUSD>
        <pctVal>0.154551532575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Aluminium Co. Ltd.</name>
        <lei>3003008AXWSVMLG3MX37</lei>
        <title>Yunnan Aluminium Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000VG9"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CB756"/>
        </identifiers>
        <balance>28060.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>110834.67000000</valUSD>
        <pctVal>0.465598915348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kuang-Chi Technologies Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Kuang-Chi Technologies Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000018P0"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CBF32"/>
        </identifiers>
        <balance>4600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>21033.69000000</valUSD>
        <pctVal>0.088359204297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kingnet Network Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Kingnet Network Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000XB5"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CC275"/>
        </identifiers>
        <balance>9200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>23384.84000000</valUSD>
        <pctVal>0.098236013510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Sunway Communication Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shenzhen Sunway Communication Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000W94"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CCF06"/>
        </identifiers>
        <balance>1500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>12732.79000000</valUSD>
        <pctVal>0.053488436545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hangzhou Tigermed Consulting Co. Ltd.</name>
        <lei>300300CP4N8WDF6DOO67</lei>
        <title>Hangzhou Tigermed Consulting Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001KV8"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CCK59"/>
        </identifiers>
        <balance>3700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>27395.64000000</valUSD>
        <pctVal>0.115084749828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzhou Dongshan Precision Manufacturing Co. Ltd.</name>
        <lei>300300PUYVPZAJYVAE50</lei>
        <title>Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000N79"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CF286"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>202872.31000000</valUSD>
        <pctVal>0.852234481233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanjin International Gold Co. Ltd.</name>
        <lei>655600QGA2EHH1HUDW82</lei>
        <title>Shanjin International Gold Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000012L4"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CF401"/>
        </identifiers>
        <balance>24500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>84779.50000000</valUSD>
        <pctVal>0.356145267935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Oriental Yuhong Waterproof Technology Co. Ltd.</name>
        <lei>300300XMIXB7STDZWT60</lei>
        <title>Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000CS3"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CFP16"/>
        </identifiers>
        <balance>86200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>151656.89000000</valUSD>
        <pctVal>0.637086603759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhefu Holding Group Co. Ltd.</name>
        <lei>30030076Y21FIWN1VY24</lei>
        <title>Zhefu Holding Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000CL8"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CFS47"/>
        </identifiers>
        <balance>49400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>33700.75000000</valUSD>
        <pctVal>0.141571519511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Thunder Software Technology Co. Ltd.</name>
        <lei>836800O1GYG8ONWRVB61</lei>
        <title>Thunder Software Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000021D0"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CG037"/>
        </identifiers>
        <balance>2066.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>18516.69000000</valUSD>
        <pctVal>0.077785685470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Century Huatong Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Zhejiang Century Huatong Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000015R2"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CG581"/>
        </identifiers>
        <balance>31000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>62136.95000000</valUSD>
        <pctVal>0.261027497289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sungrow Power Supply Co. Ltd.</name>
        <lei>30030052IWC7RGVFG505</lei>
        <title>Sungrow Power Supply Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000018M7"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CGB43"/>
        </identifiers>
        <balance>4800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>73761.94000000</valUSD>
        <pctVal>0.309862241282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang NHU Co. Ltd.</name>
        <lei>655600NJSJADB39G3P54</lei>
        <title>Zhejiang NHU Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001J84"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CH662"/>
        </identifiers>
        <balance>50500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>224437.80000000</valUSD>
        <pctVal>0.942827693203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Tin Co. Ltd.</name>
        <lei>3003005QWPI5MVQF6K65</lei>
        <title>Yunnan Tin Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000011D3"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CHF54"/>
        </identifiers>
        <balance>100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>504.02000000</valUSD>
        <pctVal>0.002117308287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shijiazhuang Yiling Pharmaceutical Co. Ltd.</name>
        <lei>300300MXXUF4JUKD5G32</lei>
        <title>Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000015S0"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CHJ92"/>
        </identifiers>
        <balance>13700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>34279.11000000</valUSD>
        <pctVal>0.144001118378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Yanjing Brewery Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Beijing Yanjing Brewery Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000S84"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CKK10"/>
        </identifiers>
        <balance>71600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>136997.98000000</valUSD>
        <pctVal>0.575506841793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Han's Laser Technology Industry Group Co. Ltd.</name>
        <lei>300300MZXZR87BGKOZ23</lei>
        <title>Han's Laser Technology Industry Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001JQ1"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CKS95"/>
        </identifiers>
        <balance>9701.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>121487.71000000</valUSD>
        <pctVal>0.510350651146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bluefocus Intelligent Communications Group Co. Ltd.</name>
        <lei>300300S2I2XIZT3E2Y55</lei>
        <title>Bluefocus Intelligent Communications Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000LV8"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CL861"/>
        </identifiers>
        <balance>18600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>39510.53000000</valUSD>
        <pctVal>0.165977486221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chaozhou Three-Circle Group Co. Ltd.</name>
        <lei>655600NIG229WUTGM382</lei>
        <title>Chaozhou Three-Circle Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001Y42"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CLT76"/>
        </identifiers>
        <balance>6400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>104768.98000000</valUSD>
        <pctVal>0.440117911210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lepu Medical Technology Beijing Co. Ltd.</name>
        <lei>3003007FXUYE3WNDDO39</lei>
        <title>Lepu Medical Technology Beijing Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000H44"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CM166"/>
        </identifiers>
        <balance>6700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>12942.69000000</valUSD>
        <pctVal>0.054370193240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yantai Jereh Oilfield Services Group Co. Ltd.</name>
        <lei>300300QPHWK638H2EU20</lei>
        <title>Yantai Jereh Oilfield Services Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000L55"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CMC72"/>
        </identifiers>
        <balance>17478.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>348439.44000000</valUSD>
        <pctVal>1.463738966592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tongling Nonferrous Metals Group Co. Ltd.</name>
        <lei>300300JWM4636VG5A986</lei>
        <title>Tongling Nonferrous Metals Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000529"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CMD89"/>
        </identifiers>
        <balance>36700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>33864.02000000</valUSD>
        <pctVal>0.142257390952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Stonehill Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shanghai Stonehill Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000008K2"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CMF04"/>
        </identifiers>
        <balance>27900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>27927.12000000</valUSD>
        <pctVal>0.117317413231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>37 Interactive Entertainment Network Technology Group Co. Ltd.</name>
        <lei>300300BE4IFCPHCUMI94</lei>
        <title>37 Interactive Entertainment Network Technology Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000010N2"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CMH28"/>
        </identifiers>
        <balance>7700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>22634.18000000</valUSD>
        <pctVal>0.095082609600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Inovance Technology Co. Ltd.</name>
        <lei>836800KA53998FUTIA85</lei>
        <title>Shenzhen Inovance Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000V46"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CMN88"/>
        </identifiers>
        <balance>9200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>87285.50000000</valUSD>
        <pctVal>0.366672577503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kunlun Tech Co. Ltd.</name>
        <lei>300300AMV45UQEH2Z513</lei>
        <title>Kunlun Tech Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001YF2"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CN131"/>
        </identifiers>
        <balance>4985.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>31807.35000000</valUSD>
        <pctVal>0.133617645634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wangsu Science &amp; Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Wangsu Science &amp; Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000GQ8"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CN248"/>
        </identifiers>
        <balance>11700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>24343.21000000</valUSD>
        <pctVal>0.102261974272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hithink RoyalFlush Information Network Co. Ltd.</name>
        <lei>300300TIQA4R0NPLQE78</lei>
        <title>Hithink RoyalFlush Information Network Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000JG3"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CN461"/>
        </identifiers>
        <balance>2440.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>84890.26000000</valUSD>
        <pctVal>0.356610553174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Enlight Media Co. Ltd.</name>
        <lei>3003001OIMLU5YWOKG42</lei>
        <title>Beijing Enlight Media Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001617"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CN792"/>
        </identifiers>
        <balance>7600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>13399.86000000</valUSD>
        <pctVal>0.056290692089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Luxshare Precision Industry Co. Ltd.</name>
        <lei>300300QLLDUELXN16530</lei>
        <title>Luxshare Precision Industry Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000TP3"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CN800"/>
        </identifiers>
        <balance>30470.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>259471.27000000</valUSD>
        <pctVal>1.089997758607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qinghai Salt Lake Industry Co. Ltd.</name>
        <lei>300300Q8WSV1OODU9092</lei>
        <title>Qinghai Salt Lake Industry Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000SW2"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CNB30"/>
        </identifiers>
        <balance>48800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>196871.70000000</valUSD>
        <pctVal>0.827026867880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Focus Media Information Technology Co. Ltd.</name>
        <lei>300300V7WGZW0LZKTD06</lei>
        <title>Focus Media Information Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001KK2"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CND53"/>
        </identifiers>
        <balance>54140.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>45066.48000000</valUSD>
        <pctVal>0.189317153256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Ningbo Co. Ltd.</name>
        <lei>300300C1092133000091</lei>
        <title>Bank of Ningbo Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000005P7"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CP060"/>
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        <balance>105300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>497147.55000000</valUSD>
        <pctVal>2.088438212049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TCL Technology Group Corp.</name>
        <lei>300300K9RLEXIIDB1U19</lei>
        <title>TCL Technology Group Corp., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001GL8"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CP284"/>
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        <balance>85400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>59755.30000000</valUSD>
        <pctVal>0.251022562401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>East Money Information Co. Ltd.</name>
        <lei>836800ZFB0ZEK3KKW487</lei>
        <title>East Money Information Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000MD4"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CPC83"/>
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        <balance>25100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>74891.55000000</valUSD>
        <pctVal>0.314607554195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOE Technology Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>BOE Technology Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000016L5"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CPL75"/>
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        <balance>20200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>16433.05000000</valUSD>
        <pctVal>0.069032643448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Midea Group Co. Ltd.</name>
        <lei>3003003TRPHLHZD2IF61</lei>
        <title>Midea Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001QQ5"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CPP14"/>
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        <balance>16891.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>219075.12000000</valUSD>
        <pctVal>0.920299922864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ping An Bank Co. Ltd.</name>
        <lei>549300W9MKNIVWXFM679</lei>
        <title>Ping An Bank Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000040"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CPS45"/>
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        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>14465.35000000</valUSD>
        <pctVal>0.060766647025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China International Marine Containers Group Co. Ltd.</name>
        <lei>300300Q7JK7J0KAIEA51</lei>
        <title>China International Marine Containers Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000644"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CPX98"/>
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        <balance>53800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>69008.38000000</valUSD>
        <pctVal>0.289893287704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZTE Corp.</name>
        <lei>3003004FBGVVG1CW5U45</lei>
        <title>ZTE Corp., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000TK5"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CPY06"/>
        </identifiers>
        <balance>13150.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>65807.90000000</valUSD>
        <pctVal>0.276448577519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Weichai Power Co. Ltd.</name>
        <lei>529900OKTPKBG85F9502</lei>
        <title>Weichai Power Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000000D4"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CQ035"/>
        </identifiers>
        <balance>92410.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>382465.28000000</valUSD>
        <pctVal>1.606676137766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GF Securities Co. Ltd.</name>
        <lei>3003007E0Y3ZJ5HNA936</lei>
        <title>GF Securities Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000008L2"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CQ365"/>
        </identifiers>
        <balance>5200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>16427.72000000</valUSD>
        <pctVal>0.069010252961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BYD Co. Ltd.</name>
        <lei>5299005557VL7ULJ7A69</lei>
        <title>BYD Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001526"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CQ696"/>
        </identifiers>
        <balance>3600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>51041.79000000</valUSD>
        <pctVal>0.214418485311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Capchem Technology Co. Ltd.</name>
        <lei>83680035MFDI4S2P0866</lei>
        <title>Shenzhen Capchem Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000K15"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5LRQ35"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>37004.70000000</valUSD>
        <pctVal>0.155450890797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sichuan Yahua Industrial Group Co. Ltd.</name>
        <lei>300300K1MUDTK55VMN82</lei>
        <title>Sichuan Yahua Industrial Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000WF8"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5LSZ90"/>
        </identifiers>
        <balance>6700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>17368.15000000</valUSD>
        <pctVal>0.072960850621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asia - Potash International Investment Guangzhou Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Asia - Potash International Investment Guangzhou Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000XS0"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5LTW34"/>
        </identifiers>
        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>22245.59000000</valUSD>
        <pctVal>0.093450204482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inner Mongolia Xingye Silver&amp;Tin Mining Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Inner Mongolia Xingye Silver&amp;Tin Mining Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000D24"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5LTX41"/>
        </identifiers>
        <balance>2200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>10393.24000000</valUSD>
        <pctVal>0.043660357097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NAURA Technology Group Co. Ltd.</name>
        <lei>300300JI5I0B95GO5C39</lei>
        <title>NAURA Technology Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000ML7"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5LYF16"/>
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        <balance>2250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>228418.33000000</valUSD>
        <pctVal>0.959549270039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Tungsten &amp; Hightech Materials Co. Ltd.</name>
        <lei>300300F6U0BRZBO9OS65</lei>
        <title>China Tungsten &amp; Hightech Materials Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000006M4"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5M0239"/>
        </identifiers>
        <balance>4381.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>32094.48000000</valUSD>
        <pctVal>0.134823833342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huafon Chemical Co. Ltd.</name>
        <lei>300300Z8ACP5RSQRBQ16</lei>
        <title>Huafon Chemical Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001NK6"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5M0890"/>
        </identifiers>
        <balance>62800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>102006.56000000</valUSD>
        <pctVal>0.428513421787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>All Winner Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>All Winner Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001ZN3"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5M1H56"/>
        </identifiers>
        <balance>6100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>30202.28000000</valUSD>
        <pctVal>0.126875000476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hisense Home Appliances Group Co. Ltd.</name>
        <lei>529900PRGESPUBUBN103</lei>
        <title>Hisense Home Appliances Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000LC9"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5M2M74"/>
        </identifiers>
        <balance>3100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>12574.54000000</valUSD>
        <pctVal>0.052823653329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Giant Network Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Giant Network Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000010R3"/>
          <other otherDesc="Inhouse Asset ID" value="SBD6QVW16"/>
        </identifiers>
        <balance>6300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>27364.97000000</valUSD>
        <pctVal>0.114955910010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuxi Lead Intelligent Equipment Co. Ltd.</name>
        <lei>836800J7WO9E2EF72B65</lei>
        <title>Wuxi Lead Intelligent Equipment Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001ZF9"/>
          <other otherDesc="Inhouse Asset ID" value="SBD6QWJ50"/>
        </identifiers>
        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>42057.49000000</valUSD>
        <pctVal>0.176676862269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Henan Shenhuo Coal Industry &amp; Electricity Power Co. Ltd.</name>
        <lei>300300GF8XK44CSHXV64</lei>
        <title>Henan Shenhuo Coal Industry &amp; Electricity Power Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001097"/>
          <other otherDesc="Inhouse Asset ID" value="SBD6QWQ29"/>
        </identifiers>
        <balance>21100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>81522.94000000</valUSD>
        <pctVal>0.342464974542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ingenic Semiconductor Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Ingenic Semiconductor Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001377"/>
          <other otherDesc="Inhouse Asset ID" value="SBD760S92"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>93551.37000000</valUSD>
        <pctVal>0.392994506153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fulin Precision Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Fulin Precision Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001YV9"/>
          <other otherDesc="Inhouse Asset ID" value="SBD761207"/>
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        <balance>14325.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>33073.52000000</valUSD>
        <pctVal>0.138936625504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangzhou Great Power Energy &amp; Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Guangzhou Great Power Energy &amp; Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001Z17"/>
          <other otherDesc="Inhouse Asset ID" value="SBD761314"/>
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        <balance>3400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>30185.61000000</valUSD>
        <pctVal>0.126804972443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Victory Giant Technology Huizhou Co. Ltd.</name>
        <lei>836800LBU3EF5U7ECE87</lei>
        <title>Victory Giant Technology Huizhou Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000020V4"/>
          <other otherDesc="Inhouse Asset ID" value="SBD761645"/>
        </identifiers>
        <balance>3593.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>101320.34000000</valUSD>
        <pctVal>0.425630720122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eoptolink Technology, Inc. Ltd.</name>
        <lei>N/A</lei>
        <title>Eoptolink Technology, Inc. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002615"/>
          <other otherDesc="Inhouse Asset ID" value="SBD761B98"/>
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        <balance>6520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>381975.12000000</valUSD>
        <pctVal>1.604617053147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yangtze Optical Fibre &amp; Cable Joint Stock Ltd. Co.</name>
        <lei>836800VT7MZILX431W47</lei>
        <title>Yangtze Optical Fibre &amp; Cable Joint Stock Ltd. Co., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000036B2"/>
          <other otherDesc="Inhouse Asset ID" value="SBF0XD154"/>
        </identifiers>
        <balance>1300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>51885.63000000</valUSD>
        <pctVal>0.217963323661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Energy New Material Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Yunnan Energy New Material Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002BR3"/>
          <other otherDesc="Inhouse Asset ID" value="SBFCCR309"/>
        </identifiers>
        <balance>3700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>28818.52000000</valUSD>
        <pctVal>0.121062043618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Huayou Cobalt Co. Ltd.</name>
        <lei>30030099QFLNMEGP7M05</lei>
        <title>Zhejiang Huayou Cobalt Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001VW3"/>
          <other otherDesc="Inhouse Asset ID" value="SBFF5BV20"/>
        </identifiers>
        <balance>4020.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>23771.88000000</valUSD>
        <pctVal>0.099861907323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhongji Innolight Co. Ltd.</name>
        <lei>655600K7YZDKAI214O83</lei>
        <title>Zhongji Innolight Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001CY9"/>
          <other otherDesc="Inhouse Asset ID" value="SBFFJRM79"/>
        </identifiers>
        <balance>6200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>825024.74000000</valUSD>
        <pctVal>3.465798419206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shennan Circuits Co. Ltd.</name>
        <lei>300300VRJEDEV10SPJ55</lei>
        <title>Shennan Circuits Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003373"/>
          <other otherDesc="Inhouse Asset ID" value="SBFY8GV74"/>
        </identifiers>
        <balance>2438.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>111123.29000000</valUSD>
        <pctVal>0.466811362310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuhan Jingce Electronic Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Wuhan Jingce Electronic Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002DN8"/>
          <other otherDesc="Inhouse Asset ID" value="SBFY8H142"/>
        </identifiers>
        <balance>700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>19741.37000000</valUSD>
        <pctVal>0.082930372414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Rare Earth Resources &amp; Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>China Rare Earth Resources &amp; Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000WS2"/>
          <other otherDesc="Inhouse Asset ID" value="SBFY8HG95"/>
        </identifiers>
        <balance>3800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>26926.50000000</valUSD>
        <pctVal>0.113113966903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenghe Resources Holding Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shenghe Resources Holding Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001DZ5"/>
          <other otherDesc="Inhouse Asset ID" value="SBFYQHK74"/>
        </identifiers>
        <balance>6700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>20518.94000000</valUSD>
        <pctVal>0.086196820977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Foxconn Industrial Internet Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Foxconn Industrial Internet Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000031P3"/>
          <other otherDesc="Inhouse Asset ID" value="SBG20N997"/>
        </identifiers>
        <balance>4600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>38590.56000000</valUSD>
        <pctVal>0.162112837785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sangfor Technologies, Inc.</name>
        <lei>N/A</lei>
        <title>Sangfor Technologies, Inc., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000033T1"/>
          <other otherDesc="Inhouse Asset ID" value="SBHQPS706"/>
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        <balance>1200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>21459.60000000</valUSD>
        <pctVal>0.090148384831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Micro Corp.</name>
        <lei>N/A</lei>
        <title>SG Micro Corp., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002NT4"/>
          <other otherDesc="Inhouse Asset ID" value="SBHQPSR04"/>
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        <balance>2500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>35366.38000000</valUSD>
        <pctVal>0.148568567649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Contemporary Amperex Technology Co. Ltd.</name>
        <lei>300300KINDY1K0E9I032</lei>
        <title>Contemporary Amperex Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003662"/>
          <other otherDesc="Inhouse Asset ID" value="SBHQPSY71"/>
        </identifiers>
        <balance>19410.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>1137079.86000000</valUSD>
        <pctVal>4.776692613241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GigaDevice Semiconductor, Inc.</name>
        <lei>N/A</lei>
        <title>GigaDevice Semiconductor, Inc., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000030S9"/>
          <other otherDesc="Inhouse Asset ID" value="SBHWLWF82"/>
        </identifiers>
        <balance>3740.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>208837.86000000</valUSD>
        <pctVal>0.877294813072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WuXi AppTec Co. Ltd.</name>
        <lei>254900OEPQLZSPLN9175</lei>
        <title>WuXi AppTec Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000031K4"/>
          <other otherDesc="Inhouse Asset ID" value="SBHWLWV43"/>
        </identifiers>
        <balance>16200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>307874.65000000</valUSD>
        <pctVal>1.293332700888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chongqing Rural Commercial Bank Co. Ltd.</name>
        <lei>300300C1126750000027</lei>
        <title>Chongqing Rural Commercial Bank Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003NZ9"/>
          <other otherDesc="Inhouse Asset ID" value="SBJLWMG75"/>
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        <balance>180000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>180096.67000000</valUSD>
        <pctVal>0.756557620551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hainan Airport Infrastructure Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Hainan Airport Infrastructure Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001C32"/>
          <other otherDesc="Inhouse Asset ID" value="SBK4PYQ49"/>
        </identifiers>
        <balance>81400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>35317.31000000</valUSD>
        <pctVal>0.148362432341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ningxia Baofeng Energy Group Co. Ltd.</name>
        <lei>300300G6CBIVJWQ4IC71</lei>
        <title>Ningxia Baofeng Energy Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003LF5"/>
          <other otherDesc="Inhouse Asset ID" value="SBK4XS991"/>
        </identifiers>
        <balance>12400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>42667.57000000</valUSD>
        <pctVal>0.179239711838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pharmaron Beijing Co. Ltd.</name>
        <lei>300300JYXHGVS5SNGG54</lei>
        <title>Pharmaron Beijing Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003JW4"/>
          <other otherDesc="Inhouse Asset ID" value="SBK4XYC45"/>
        </identifiers>
        <balance>6300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>34285.09000000</valUSD>
        <pctVal>0.144026239412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amlogic Shanghai Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Amlogic Shanghai Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003LZ3"/>
          <other otherDesc="Inhouse Asset ID" value="SBK71BW41"/>
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        <balance>1342.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>19345.87000000</valUSD>
        <pctVal>0.081268939479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Western Superconducting Technologies Co. Ltd.</name>
        <lei>300300IUC83XEOSKRG67</lei>
        <title>Western Superconducting Technologies Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MF3"/>
          <other otherDesc="Inhouse Asset ID" value="SBK71F005"/>
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        <balance>1936.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>15105.68000000</valUSD>
        <pctVal>0.063456572059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Micro-Fabrication Equipment, Inc. China</name>
        <lei>N/A</lei>
        <title>Advanced Micro-Fabrication Equipment, Inc. China, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MM9"/>
          <other otherDesc="Inhouse Asset ID" value="SBK71F666"/>
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        <balance>5008.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>254620.09000000</valUSD>
        <pctVal>1.069618718852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Montage Technology Co. Ltd.</name>
        <lei>836800ZMWT5PAN574D81</lei>
        <title>Montage Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MN7"/>
          <other otherDesc="Inhouse Asset ID" value="SBK71F773"/>
        </identifiers>
        <balance>7125.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>215811.60000000</valUSD>
        <pctVal>0.906590391612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raytron Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Raytron Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003MX6"/>
          <other otherDesc="Inhouse Asset ID" value="SBK71FH72"/>
        </identifiers>
        <balance>15878.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>332036.73000000</valUSD>
        <pctVal>1.394833776684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OmniVision Integrated Circuits Group, Inc.</name>
        <lei>8368000MFHXX01GPND38</lei>
        <title>OmniVision Integrated Circuits Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002XM8"/>
          <other otherDesc="Inhouse Asset ID" value="SBK947V28"/>
        </identifiers>
        <balance>1800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>23595.88000000</valUSD>
        <pctVal>0.099122559165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hongyuan Green Energy Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Hongyuan Green Energy Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003JF9"/>
          <other otherDesc="Inhouse Asset ID" value="SBK948087"/>
        </identifiers>
        <balance>8589.00000000</balance>
        <units>NS</units>
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        <valUSD>20444.20000000</valUSD>
        <pctVal>0.085882850060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avary Holding Shenzhen Co. Ltd.</name>
        <lei>30030067AGXAJK5FRS12</lei>
        <title>Avary Holding Shenzhen Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003GF5"/>
          <other otherDesc="Inhouse Asset ID" value="SBKDQ8001"/>
        </identifiers>
        <balance>1400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>16887.77000000</valUSD>
        <pctVal>0.070942850234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JL Mag Rare-Earth Co. Ltd.</name>
        <lei>65560079RZSGJHK7CG66</lei>
        <title>JL Mag Rare-Earth Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003G83"/>
          <other otherDesc="Inhouse Asset ID" value="SBKDQ8F54"/>
        </identifiers>
        <balance>8200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>31043.76000000</valUSD>
        <pctVal>0.130409924839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing-Shanghai High Speed Railway Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Beijing-Shanghai High Speed Railway Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003RV9"/>
          <other otherDesc="Inhouse Asset ID" value="SBL58M766"/>
        </identifiers>
        <balance>23400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>17775.17000000</valUSD>
        <pctVal>0.074670677254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rockchip Electronics Co. Ltd.</name>
        <lei>8368002HC3QUMAKOPK03</lei>
        <title>Rockchip Electronics Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003RK2"/>
          <other otherDesc="Inhouse Asset ID" value="SBL58MB04"/>
        </identifiers>
        <balance>3800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>105802.05000000</valUSD>
        <pctVal>0.444457674855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzhou TFC Optical Communication Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Suzhou TFC Optical Communication Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001XQ1"/>
          <other otherDesc="Inhouse Asset ID" value="SBL5P4J31"/>
        </identifiers>
        <balance>4220.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>106357.40000000</valUSD>
        <pctVal>0.446790612352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzhou Maxwell Technologies Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Suzhou Maxwell Technologies Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003FS0"/>
          <other otherDesc="Inhouse Asset ID" value="SBL61W967"/>
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        <balance>1600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>35215.24000000</valUSD>
        <pctVal>0.147933652418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chengdu M&amp;S Electronics Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Chengdu M&amp;S Electronics Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005X72"/>
          <other otherDesc="Inhouse Asset ID" value="SBLB3F094"/>
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        <balance>6722.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>21052.78000000</valUSD>
        <pctVal>0.088439398367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Henan Shijia Photons Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Henan Shijia Photons Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004454"/>
          <other otherDesc="Inhouse Asset ID" value="SBMD9JF57"/>
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        <balance>733.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>9771.17000000</valUSD>
        <pctVal>0.041047139434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Verisilicon Microelectronics Shanghai Co. Ltd.</name>
        <lei>836800TNWRM7QRXH6S33</lei>
        <title>Verisilicon Microelectronics Shanghai Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004413"/>
          <other otherDesc="Inhouse Asset ID" value="SBMGYHP30"/>
        </identifiers>
        <balance>771.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>21938.15000000</valUSD>
        <pctVal>0.092158697677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tianshan Aluminum Group Co. Ltd.</name>
        <lei>300300VE52AL1GWYFN04</lei>
        <title>Tianshan Aluminum Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000YJ6"/>
          <other otherDesc="Inhouse Asset ID" value="SBMQBT810"/>
        </identifiers>
        <balance>71800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>140522.74000000</valUSD>
        <pctVal>0.590313800958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EverProX Technologies Co. Ltd.</name>
        <lei>N/A</lei>
        <title>EverProX Technologies Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002D38"/>
          <other otherDesc="Inhouse Asset ID" value="SBMQBTH02"/>
        </identifiers>
        <balance>1602.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>33208.74000000</valUSD>
        <pctVal>0.139504663333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hangzhou Chang Chuan Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Hangzhou Chang Chuan Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002Q09"/>
          <other otherDesc="Inhouse Asset ID" value="SBMTCW717"/>
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        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>111267.18000000</valUSD>
        <pctVal>0.467415821437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Wantai Biological Pharmacy Enterprise Co. Ltd.</name>
        <lei>300300280PS0QGBZBS92</lei>
        <title>Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004090"/>
          <other otherDesc="Inhouse Asset ID" value="SBMXTWX45"/>
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        <balance>19800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>89818.19000000</valUSD>
        <pctVal>0.377312007538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen New Industries Biomedical Engineering Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003T39"/>
          <other otherDesc="Inhouse Asset ID" value="SBMXTX205"/>
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        <balance>5400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>38297.30000000</valUSD>
        <pctVal>0.160880898916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anjoy Foods Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Anjoy Foods Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002YQ7"/>
          <other otherDesc="Inhouse Asset ID" value="SBMXWM114"/>
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        <balance>8899.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>118317.00000000</valUSD>
        <pctVal>0.497031000022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China International Capital Corp. Ltd.</name>
        <lei>529900OS3SVVTT56QN67</lei>
        <title>China International Capital Corp. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000048J0"/>
          <other otherDesc="Inhouse Asset ID" value="SBMYPCF33"/>
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        <balance>43700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>228467.73000000</valUSD>
        <pctVal>0.959756791625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Delton Technology Guangzhou, Inc.</name>
        <lei>300300G920457C2YSD26</lei>
        <title>Delton Technology Guangzhou, Inc., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100006HM2"/>
          <other otherDesc="Inhouse Asset ID" value="SBN0ZQH40"/>
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        <balance>5300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>111437.55000000</valUSD>
        <pctVal>0.468131518856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sigmastar Technology Ltd.</name>
        <lei>N/A</lei>
        <title>Sigmastar Technology Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100006HK6"/>
          <other otherDesc="Inhouse Asset ID" value="SBN0ZQJ63"/>
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        <balance>3800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>63511.78000000</valUSD>
        <pctVal>0.266802940630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai United Imaging Healthcare Co. Ltd.</name>
        <lei>300300YFLW1ZZPRAZ467</lei>
        <title>Shanghai United Imaging Healthcare Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005PN5"/>
          <other otherDesc="Inhouse Asset ID" value="SBN4P5F17"/>
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        <balance>2198.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>37607.67000000</valUSD>
        <pctVal>0.157983872381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzhou Novosense Microelectronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Suzhou Novosense Microelectronics Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005972"/>
          <other otherDesc="Inhouse Asset ID" value="SBNDKP683"/>
        </identifiers>
        <balance>1052.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>29005.10000000</valUSD>
        <pctVal>0.121845836682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Piotech, Inc.</name>
        <lei>N/A</lei>
        <title>Piotech, Inc., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005998"/>
          <other otherDesc="Inhouse Asset ID" value="SBNDKP790"/>
        </identifiers>
        <balance>1273.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>125133.70000000</valUSD>
        <pctVal>0.525666878364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dosilicon Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Dosilicon Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000055X6"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHNC516"/>
        </identifiers>
        <balance>2800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>42183.11000000</valUSD>
        <pctVal>0.177204572017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Lante Optics Co. Ltd.</name>
        <lei>836800FNM9TK3RP5S916</lei>
        <title>Zhejiang Lante Optics Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000042R6"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHNC847"/>
        </identifiers>
        <balance>7582.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>66574.68000000</valUSD>
        <pctVal>0.279669698999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Range Intelligent Computing Technology Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Range Intelligent Computing Technology Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001Z58"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHPCQ86"/>
        </identifiers>
        <balance>3300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>30872.19000000</valUSD>
        <pctVal>0.129689186410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASR Microelectronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>ASR Microelectronics Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005RF7"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHPM462"/>
        </identifiers>
        <balance>2404.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>33272.92000000</valUSD>
        <pctVal>0.139774273361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BeOne Medicines Ltd.</name>
        <lei>N/A</lei>
        <title>BeOne Medicines Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005XT6"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHPM918"/>
        </identifiers>
        <balance>1641.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>62437.25000000</valUSD>
        <pctVal>0.262289010084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cambricon Technologies Corp. Ltd.</name>
        <lei>N/A</lei>
        <title>Cambricon Technologies Corp. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000041R8"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHPMD54"/>
        </identifiers>
        <balance>1835.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>299975.55000000</valUSD>
        <pctVal>1.260149831374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hainan Jinpan Smart Technology Co. Ltd.</name>
        <lei>655600OASEHE1ED6FZ63</lei>
        <title>Hainan Jinpan Smart Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000053V5"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHPP812"/>
        </identifiers>
        <balance>1294.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>12300.92000000</valUSD>
        <pctVal>0.051674218994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XTC New Energy Materials Xiamen Co. Ltd.</name>
        <lei>N/A</lei>
        <title>XTC New Energy Materials Xiamen Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004NQ6"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHPPQ95"/>
        </identifiers>
        <balance>4398.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>29940.20000000</valUSD>
        <pctVal>0.125774043855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shannon Semiconductor Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shannon Semiconductor Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000020T8"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHPR529"/>
        </identifiers>
        <balance>1500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>32243.70000000</valUSD>
        <pctVal>0.135450682956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Fiber Resources Zhuhai Ltd.</name>
        <lei>N/A</lei>
        <title>Advanced Fiber Resources Zhuhai Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002PK8"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHPR966"/>
        </identifiers>
        <balance>800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>24131.00000000</valUSD>
        <pctVal>0.101370513633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ruijie Networks Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Ruijie Networks Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005WJ9"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHSP579"/>
        </identifiers>
        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>32966.03000000</valUSD>
        <pctVal>0.138485077019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangdong Dtech Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Guangdong Dtech Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005WS0"/>
          <other otherDesc="Inhouse Asset ID" value="SBNHSQX27"/>
        </identifiers>
        <balance>200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>10355.28000000</valUSD>
        <pctVal>0.043500893142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinomine Resource Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Sinomine Resource Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001WV3"/>
          <other otherDesc="Inhouse Asset ID" value="SBNR4M323"/>
        </identifiers>
        <balance>12456.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>86701.89000000</valUSD>
        <pctVal>0.364220924216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Transsion Holdings Co. Ltd.</name>
        <lei>300300PDJRSNMVF0VJ83</lei>
        <title>Shenzhen Transsion Holdings Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003P74"/>
          <other otherDesc="Inhouse Asset ID" value="SBNR4NP19"/>
        </identifiers>
        <balance>4653.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>44296.35000000</valUSD>
        <pctVal>0.186081958956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Kingsoft Office Software, Inc.</name>
        <lei>N/A</lei>
        <title>Beijing Kingsoft Office Software, Inc., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003PM2"/>
          <other otherDesc="Inhouse Asset ID" value="SBNR4NQ26"/>
        </identifiers>
        <balance>1368.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>54785.48000000</valUSD>
        <pctVal>0.230145134774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Autel Intelligent Technology Corp. Ltd.</name>
        <lei>N/A</lei>
        <title>Autel Intelligent Technology Corp. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003RF2"/>
          <other otherDesc="Inhouse Asset ID" value="SBNR4NW86"/>
        </identifiers>
        <balance>7067.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>30658.22000000</valUSD>
        <pctVal>0.128790332289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wintime Energy Group Co. Ltd.</name>
        <lei>300300W8M7JY3INMAS32</lei>
        <title>Wintime Energy Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000WD4"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R1P47"/>
        </identifiers>
        <balance>98600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>23039.05000000</valUSD>
        <pctVal>0.096783404422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PetroChina Co. Ltd.</name>
        <lei>529900RPY4YG47TRSV05</lei>
        <title>PetroChina Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000007Q1"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2067"/>
        </identifiers>
        <balance>131700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>216666.91000000</valUSD>
        <pctVal>0.910183413617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Industrial &amp; Commercial Bank of China Ltd.</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>Industrial &amp; Commercial Bank of China Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001P37"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2174"/>
        </identifiers>
        <balance>85026.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>100587.47000000</valUSD>
        <pctVal>0.422552049188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Agricultural Bank of China Ltd.</name>
        <lei>549300E7TSGLCOVSY746</lei>
        <title>Agricultural Bank of China Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000RJ0"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2281"/>
        </identifiers>
        <balance>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>9196.00000000</valUSD>
        <pctVal>0.038630941252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Life Insurance Co. Ltd.</name>
        <lei>549300J6TFLDXGH6S048</lei>
        <title>China Life Insurance Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001Q93"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2513"/>
        </identifiers>
        <balance>23900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>139664.67000000</valUSD>
        <pctVal>0.586709184630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Shenhua Energy Co. Ltd.</name>
        <lei>529900N9JOX4C108MA40</lei>
        <title>China Shenhua Energy Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000767"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2620"/>
        </identifiers>
        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>12840.81000000</valUSD>
        <pctVal>0.053942211477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Merchants Bank Co. Ltd.</name>
        <lei>549300MKO5B60FFIHF58</lei>
        <title>China Merchants Bank Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001B33"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2737"/>
        </identifiers>
        <balance>132350.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>776336.55000000</valUSD>
        <pctVal>3.261267035170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ping An Insurance Group Co. of China Ltd.</name>
        <lei>529900M9MC28JLN35U89</lei>
        <title>Ping An Insurance Group Co. of China Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001R84"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2844"/>
        </identifiers>
        <balance>73040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>592872.61000000</valUSD>
        <pctVal>2.490564046029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Industrial Bank Co. Ltd.</name>
        <lei>300300C1030935001303</lei>
        <title>Industrial Bank Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001QZ7"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2950"/>
        </identifiers>
        <balance>36300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>101603.12000000</valUSD>
        <pctVal>0.426818634169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Pudong Development Bank Co. Ltd.</name>
        <lei>300300C1031031001330</lei>
        <title>Shanghai Pudong Development Bank Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000011B7"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2B73"/>
        </identifiers>
        <balance>25629.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>36095.31000000</valUSD>
        <pctVal>0.151630687267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kweichow Moutai Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Kweichow Moutai Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000018R8"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2F12"/>
        </identifiers>
        <balance>2524.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>504841.12000000</valUSD>
        <pctVal>2.120757682547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIC Securities Co. Ltd.</name>
        <lei>300300E1006744000068</lei>
        <title>CITIC Securities Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001DB6"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2J59"/>
        </identifiers>
        <balance>49255.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>207180.12000000</valUSD>
        <pctVal>0.870330909576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Pacific Insurance Group Co. Ltd.</name>
        <lei>529900BA5ILEL308WX03</lei>
        <title>China Pacific Insurance Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000008M8"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2K65"/>
        </identifiers>
        <balance>89300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>426971.78000000</valUSD>
        <pctVal>1.793640903628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai International Port Group Co. Ltd.</name>
        <lei>300300DAQ7G1LS22G609</lei>
        <title>Shanghai International Port Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000013N8"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2L72"/>
        </identifiers>
        <balance>48000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>37594.75000000</valUSD>
        <pctVal>0.157929597505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Yangtze Power Co. Ltd.</name>
        <lei>3003008VX8JFJXA6QP74</lei>
        <title>China Yangtze Power Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001G87"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2M89"/>
        </identifiers>
        <balance>123100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>530322.92000000</valUSD>
        <pctVal>2.227802693292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaxia Bank Co. Ltd.</name>
        <lei>300300AKNDEHIGVDZW37</lei>
        <title>Huaxia Bank Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FW7"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2T58"/>
        </identifiers>
        <balance>31400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>32411.64000000</valUSD>
        <pctVal>0.136156172329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inner Mongolia Yili Industrial Group Co. Ltd.</name>
        <lei>3003002Q2A863JPQFH06</lei>
        <title>Inner Mongolia Yili Industrial Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JP5"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R2V71"/>
        </identifiers>
        <balance>62490.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>250550.25000000</valUSD>
        <pctVal>1.052521964834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaneng Power International, Inc.</name>
        <lei>529900WU0SMVKMPG4V21</lei>
        <title>Huaneng Power International, Inc., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001998"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R3149"/>
        </identifiers>
        <balance>15000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>15966.39000000</valUSD>
        <pctVal>0.067072278611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Hengrui Pharmaceuticals Co. Ltd.</name>
        <lei>2549003BT1XS3SE3E448</lei>
        <title>Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000014W7"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R3693"/>
        </identifiers>
        <balance>15160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>121343.94000000</valUSD>
        <pctVal>0.509746696120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Northern Rare Earth Group High-Tech Co. Ltd.</name>
        <lei>300300CY5TYMU38UDM49</lei>
        <title>China Northern Rare Earth Group High-Tech Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000T18"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R3701"/>
        </identifiers>
        <balance>12150.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>71508.63000000</valUSD>
        <pctVal>0.300396442431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sany Heavy Industry Co. Ltd.</name>
        <lei>3003001FS86S7NYOHV89</lei>
        <title>Sany Heavy Industry Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001F70"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R3H00"/>
        </identifiers>
        <balance>145800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>443696.23000000</valUSD>
        <pctVal>1.863897672380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GD Power Development Co. Ltd.</name>
        <lei>300300BVGPH64Z7BNK97</lei>
        <title>GD Power Development Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000PC0"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R3J24"/>
        </identifiers>
        <balance>42500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>31982.15000000</valUSD>
        <pctVal>0.134351952782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wanhua Chemical Group Co. Ltd.</name>
        <lei>3003002H0G2KDG6CR124</lei>
        <title>Wanhua Chemical Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000016J9"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R3S16"/>
        </identifiers>
        <balance>50100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>551884.94000000</valUSD>
        <pctVal>2.318381328341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Datang International Power Generation Co. Ltd.</name>
        <lei>213800VW156IS7SJUL96</lei>
        <title>Datang International Power Generation Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001Q02"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R3W52"/>
        </identifiers>
        <balance>17800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>15580.92000000</valUSD>
        <pctVal>0.065452980120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zijin Mining Group Co. Ltd.</name>
        <lei>836800JRNL2393Z2I561</lei>
        <title>Zijin Mining Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000B24"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4006"/>
        </identifiers>
        <balance>72800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>355930.06000000</valUSD>
        <pctVal>1.495205876245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SDIC Power Holdings Co. Ltd.</name>
        <lei>300300LQJ91PHBNFC721</lei>
        <title>SDIC Power Holdings Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JM2"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4337"/>
        </identifiers>
        <balance>16500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>37264.25000000</valUSD>
        <pctVal>0.156541219288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NARI Technology Co. Ltd.</name>
        <lei>3003006IGH1W58MAQM05</lei>
        <title>NARI Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001G38"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4444"/>
        </identifiers>
        <balance>5200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>18729.64000000</valUSD>
        <pctVal>0.078680254733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Tourism Group Duty Free Corp. Ltd.</name>
        <lei>N/A</lei>
        <title>China Tourism Group Duty Free Corp. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000G29"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4667"/>
        </identifiers>
        <balance>4900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>42147.52000000</valUSD>
        <pctVal>0.177055064057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inner Mongolia BaoTou Steel Union Co. Ltd.</name>
        <lei>3003005DKNZILXCEDH07</lei>
        <title>Inner Mongolia BaoTou Steel Union Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000017H1"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4881"/>
        </identifiers>
        <balance>107800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>35606.73000000</valUSD>
        <pctVal>0.149578239977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aluminum Corp. of China Ltd.</name>
        <lei>529900TKZUWQLIQN6T48</lei>
        <title>Aluminum Corp. of China Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000000T0"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4D36"/>
        </identifiers>
        <balance>24400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>34677.38000000</valUSD>
        <pctVal>0.145674187644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Universal Scientific Industrial Shanghai Co. Ltd.</name>
        <lei>655600ZQ6P2GFIBK8C07</lei>
        <title>Universal Scientific Industrial Shanghai Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001BZ8"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4F59"/>
        </identifiers>
        <balance>14100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>45731.62000000</valUSD>
        <pctVal>0.192111301175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China CSSC Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>China CSSC Holdings Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000W05"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4N35"/>
        </identifiers>
        <balance>48200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>251075.31000000</valUSD>
        <pctVal>1.054727658833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangxi Copper Co. Ltd.</name>
        <lei>3003002E74YFQ6MEZY56</lei>
        <title>Jiangxi Copper Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000019P0"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4R72"/>
        </identifiers>
        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>12213.39000000</valUSD>
        <pctVal>0.051306519311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huayu Automotive Systems Co. Ltd.</name>
        <lei>3003001J2BNVV78BOT83</lei>
        <title>Huayu Automotive Systems Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000M15"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4T96"/>
        </identifiers>
        <balance>96235.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>240093.67000000</valUSD>
        <pctVal>1.008595526417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinolink Securities Co. Ltd.</name>
        <lei>300300XTI3CMWAP25D43</lei>
        <title>Sinolink Securities Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000SV4"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4V10"/>
        </identifiers>
        <balance>302900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>391972.50000000</valUSD>
        <pctVal>1.646614465006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sichuan Chuantou Energy Co. Ltd.</name>
        <lei>300300WW1VOIP39YTJ43</lei>
        <title>Sichuan Chuantou Energy Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000BQ0"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R4Y41"/>
        </identifiers>
        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>19667.53000000</valUSD>
        <pctVal>0.082620182255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AECC Aviation Power Co. Ltd.</name>
        <lei>N/A</lei>
        <title>AECC Aviation Power Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JW1"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R5185"/>
        </identifiers>
        <balance>26100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>133898.71000000</valUSD>
        <pctVal>0.562487298807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMOC Group Ltd.</name>
        <lei>2549008KG3638J59U652</lei>
        <title>CMOC Group Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001NR0"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R5748"/>
        </identifiers>
        <balance>30800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>88916.58000000</valUSD>
        <pctVal>0.373524486556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhongjin Gold Corp. Ltd.</name>
        <lei>300300Q0ZK8HFP814Z87</lei>
        <title>Zhongjin Gold Corp. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FM8"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R5854"/>
        </identifiers>
        <balance>32845.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>112184.43000000</valUSD>
        <pctVal>0.471269043584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Industrial Securities Co. Ltd.</name>
        <lei>300300E1011435000093</lei>
        <title>Industrial Securities Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000V95"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R5B84"/>
        </identifiers>
        <balance>75300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>67364.99000000</valUSD>
        <pctVal>0.282989666287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shandong Gold Mining Co. Ltd.</name>
        <lei>300300KC2K8BC07OSV77</lei>
        <title>Shandong Gold Mining Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FR7"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R5D09"/>
        </identifiers>
        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>31395.71000000</valUSD>
        <pctVal>0.131888411113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hainan Airlines Holding Co. Ltd.</name>
        <lei>3003001VZDGYFHX8A697</lei>
        <title>Hainan Airlines Holding Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000011C5"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R5R46"/>
        </identifiers>
        <balance>121500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>24647.75000000</valUSD>
        <pctVal>0.103541298636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yutong Bus Co. Ltd.</name>
        <lei>300300OMPRVW0Q75F037</lei>
        <title>Yutong Bus Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000PY4"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R5T69"/>
        </identifiers>
        <balance>8300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>39579.71000000</valUSD>
        <pctVal>0.166268100458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenergy Co. Ltd.</name>
        <lei>300300PA40YYCBW4WW70</lei>
        <title>Shenergy Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000005Q7"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R5V82"/>
        </identifiers>
        <balance>9100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>11513.59000000</valUSD>
        <pctVal>0.048366770215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dongfang Electric Corp. Ltd.</name>
        <lei>529900ISAW6T566F0R12</lei>
        <title>Dongfang Electric Corp. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000J28"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R6043"/>
        </identifiers>
        <balance>6430.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>23916.15000000</valUSD>
        <pctVal>0.100467962771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huadian Power International Corp. Ltd.</name>
        <lei>529900207FCOKWBDRE79</lei>
        <title>Huadian Power International Corp. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001LJ2"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R6373"/>
        </identifiers>
        <balance>18300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>13036.77000000</valUSD>
        <pctVal>0.054765408438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xiamen Tungsten Co. Ltd.</name>
        <lei>300300SEC2FOC4PL5N49</lei>
        <title>Xiamen Tungsten Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001D15"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R6F96"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>34768.70000000</valUSD>
        <pctVal>0.146057808518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVICOPTER plc</name>
        <lei>N/A</lei>
        <title>AVICOPTER plc, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000015V6"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R6T34"/>
        </identifiers>
        <balance>7948.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>31628.43000000</valUSD>
        <pctVal>0.132866031018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd.</name>
        <lei>300300IBR8JN06GQOJ17</lei>
        <title>Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000GN6"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R7231"/>
        </identifiers>
        <balance>18000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>13141.90000000</valUSD>
        <pctVal>0.055207042937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang China Commodities City Group Co. Ltd.</name>
        <lei>300300UELW04DCUGGZ27</lei>
        <title>Zhejiang China Commodities City Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001BC8"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R7892"/>
        </identifiers>
        <balance>20300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>38495.24000000</valUSD>
        <pctVal>0.161712413544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Capital Eco-Environment Protection Group Co. Ltd.</name>
        <lei>30030025XAP88XOR8484</lei>
        <title>Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001295"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R7K15"/>
        </identifiers>
        <balance>22900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>10003.54000000</valUSD>
        <pctVal>0.042023289045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Mining Co. Ltd.</name>
        <lei>300300QBV4A9N1NDK519</lei>
        <title>Western Mining Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000619"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R7X45"/>
        </identifiers>
        <balance>6800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>38678.43000000</valUSD>
        <pctVal>0.162481965754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangdong HEC Technology Holding Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Guangdong HEC Technology Holding Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000BL1"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R8197"/>
        </identifiers>
        <balance>1700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>7147.47000000</valUSD>
        <pctVal>0.030025390786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Merchants Energy Shipping Co. Ltd.</name>
        <lei>N/A</lei>
        <title>China Merchants Energy Shipping Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001PQ8"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R8G42"/>
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        <balance>15100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>37546.22000000</valUSD>
        <pctVal>0.157725730652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shandong Nanshan Aluminum Co. Ltd.</name>
        <lei>836800YU5J3RT2VPUO65</lei>
        <title>Shandong Nanshan Aluminum Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001139"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R9D84"/>
        </identifiers>
        <balance>600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>419.84000000</valUSD>
        <pctVal>0.001763681424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Electric Power Co. Ltd.</name>
        <lei>3003009ZN0X3RFO4QY68</lei>
        <title>Shanghai Electric Power Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001G53"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R9L69"/>
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        <balance>6500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>13925.34000000</valUSD>
        <pctVal>0.058498150442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Zhongtian Technology Co. Ltd.</name>
        <lei>3003006LG5TV3D5D3508</lei>
        <title>Jiangsu Zhongtian Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001CW4"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R9T46"/>
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        <balance>1100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>4627.72000000</valUSD>
        <pctVal>0.019440319644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING Energy Transportation Co. Ltd.</name>
        <lei>529900IGB8FVHRCR1W95</lei>
        <title>COSCO SHIPPING Energy Transportation Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001BD6"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3R9Y99"/>
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        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>19986.82000000</valUSD>
        <pctVal>0.083961469035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Yuntianhua Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Yunnan Yuntianhua Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000S01"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3RBJ83"/>
        </identifiers>
        <balance>6200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>27373.74000000</valUSD>
        <pctVal>0.114992751392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shengyi Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shengyi Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000XL5"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3RC396"/>
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        <balance>14000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>218753.00000000</valUSD>
        <pctVal>0.918946747702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hangzhou Silan Microelectronics Co. Ltd.</name>
        <lei>300300A6XLSTHVDNCV85</lei>
        <title>Hangzhou Silan Microelectronics Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001DN1"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3RCV79"/>
        </identifiers>
        <balance>8700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>36303.60000000</valUSD>
        <pctVal>0.152505680607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shandong Hualu Hengsheng Chemical Co. Ltd.</name>
        <lei>655600R2WZ4EKICFE373</lei>
        <title>Shandong Hualu Hengsheng Chemical Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001BM7"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3RDC52"/>
        </identifiers>
        <balance>27040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>86296.38000000</valUSD>
        <pctVal>0.362517440855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hengtong Optic-electric Co. Ltd.</name>
        <lei>655600VKTXMT2WKBE151</lei>
        <title>Hengtong Optic-electric Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FQ9"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3RFS50"/>
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        <balance>9400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>65877.46000000</valUSD>
        <pctVal>0.276740788075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tongkun Group Co. Ltd.</name>
        <lei>300300AK2H2EJWS24N19</lei>
        <title>Tongkun Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000012X7"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3RGF94"/>
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        <balance>11800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>39122.44000000</valUSD>
        <pctVal>0.164347181525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Yangnong Chemical Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Jiangsu Yangnong Chemical Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001B66"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3RGP93"/>
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        <balance>1269.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>10630.02000000</valUSD>
        <pctVal>0.044655032420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BTG Hotels Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>BTG Hotels Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000012Q3"/>
          <other otherDesc="Inhouse Asset ID" value="SBP3RKH93"/>
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        <balance>10500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>19431.99000000</valUSD>
        <pctVal>0.081630715975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Fudan Microelectronics Group Co. Ltd.</name>
        <lei>300300MN0B6IF027O317</lei>
        <title>Shanghai Fudan Microelectronics Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004PL2"/>
          <other otherDesc="Inhouse Asset ID" value="SBP7MLC27"/>
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        <balance>6041.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>43516.91000000</valUSD>
        <pctVal>0.182807654818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ningbo Deye Technology Corp.</name>
        <lei>N/A</lei>
        <title>Ningbo Deye Technology Corp., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000052S3"/>
          <other otherDesc="Inhouse Asset ID" value="SBP91NG51"/>
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        <balance>12660.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>153462.63000000</valUSD>
        <pctVal>0.644672231842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GoodWe Technologies Co. Ltd.</name>
        <lei>N/A</lei>
        <title>GoodWe Technologies Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004363"/>
          <other otherDesc="Inhouse Asset ID" value="SBP91NV05"/>
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        <balance>4987.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>45855.87000000</valUSD>
        <pctVal>0.192633255770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Microelectronics Ltd.</name>
        <lei>N/A</lei>
        <title>China Resources Microelectronics Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003S06"/>
          <other otherDesc="Inhouse Asset ID" value="SBP91NW12"/>
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        <balance>21035.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>168794.92000000</valUSD>
        <pctVal>0.709080756664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trina Solar Co. Ltd.</name>
        <lei>30030040IFQ4UMZDUU48</lei>
        <title>Trina Solar Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003ZR0"/>
          <other otherDesc="Inhouse Asset ID" value="SBP91P038"/>
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        <balance>19712.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>39639.44000000</valUSD>
        <pctVal>0.166519016739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Three Gorges Renewables Group Co. Ltd.</name>
        <lei>300300C9638DU18HFK27</lei>
        <title>China Three Gorges Renewables Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000051F2"/>
          <other otherDesc="Inhouse Asset ID" value="SBP91P368"/>
        </identifiers>
        <balance>57500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>33212.08000000</valUSD>
        <pctVal>0.139518694145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujian Wanchen Food Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Fujian Wanchen Food Group Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004KH1"/>
          <other otherDesc="Inhouse Asset ID" value="SBPDWSZ80"/>
        </identifiers>
        <balance>700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>22651.04000000</valUSD>
        <pctVal>0.095153435793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Biwin Storage Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Biwin Storage Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005VN3"/>
          <other otherDesc="Inhouse Asset ID" value="SBPH27X58"/>
        </identifiers>
        <balance>1891.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>62996.41000000</valUSD>
        <pctVal>0.264637952788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hangzhou EZVIZ Network Co. Ltd.</name>
        <lei>836800F1C5A55S5F7Q24</lei>
        <title>Hangzhou EZVIZ Network Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005VM5"/>
          <other otherDesc="Inhouse Asset ID" value="SBPXYTF19"/>
        </identifiers>
        <balance>14766.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>64860.63000000</valUSD>
        <pctVal>0.272469246101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yuanjie Semiconductor Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Yuanjie Semiconductor Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005VF9"/>
          <other otherDesc="Inhouse Asset ID" value="SBPXYTJ56"/>
        </identifiers>
        <balance>432.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>69579.82000000</valUSD>
        <pctVal>0.292293816746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zangge Mining Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Zangge Mining Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000L08"/>
          <other otherDesc="Inhouse Asset ID" value="SBQ3RQ451"/>
        </identifiers>
        <balance>16061.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>191220.84000000</valUSD>
        <pctVal>0.803288498950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dajin Heavy Industry Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Dajin Heavy Industry Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000VV7"/>
          <other otherDesc="Inhouse Asset ID" value="SBQ3RQ899"/>
        </identifiers>
        <balance>23700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>138417.79000000</valUSD>
        <pctVal>0.581471238998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iRay Group</name>
        <lei>30030001U2KA1D3CS476</lei>
        <title>iRay Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000042V8"/>
          <other otherDesc="Inhouse Asset ID" value="SBQ3RXC24"/>
        </identifiers>
        <balance>2102.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>26143.58000000</valUSD>
        <pctVal>0.109825043836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>3peak, Inc.</name>
        <lei>N/A</lei>
        <title>3peak, Inc., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000042T2"/>
          <other otherDesc="Inhouse Asset ID" value="SBQ3RXK09"/>
        </identifiers>
        <balance>2494.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>82112.28000000</valUSD>
        <pctVal>0.344940698652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUPCON Technology Co. Ltd.</name>
        <lei>836800CSSWUYIZYJGO52</lei>
        <title>SUPCON Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005D92"/>
          <other otherDesc="Inhouse Asset ID" value="SBQ3RXP53"/>
        </identifiers>
        <balance>265.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>3647.10000000</valUSD>
        <pctVal>0.015320890152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSI Solar Co. Ltd.</name>
        <lei>3003004AEZ3F97L0KW51</lei>
        <title>CSI Solar Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100006KH6"/>
          <other otherDesc="Inhouse Asset ID" value="SBQV3XP57"/>
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        <balance>18580.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>28871.78000000</valUSD>
        <pctVal>0.121285780452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen JPT Opto-Electronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shenzhen JPT Opto-Electronics Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000062T0"/>
          <other otherDesc="Inhouse Asset ID" value="SBQWRBR48"/>
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        <balance>803.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>32958.60000000</valUSD>
        <pctVal>0.138453864764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shengyi Electronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shengyi Electronics Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005428"/>
          <other otherDesc="Inhouse Asset ID" value="SBQWRJD61"/>
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        <balance>3640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>50870.48000000</valUSD>
        <pctVal>0.213698839101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Optowide Technologies Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Optowide Technologies Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000053F8"/>
          <other otherDesc="Inhouse Asset ID" value="SBQYL1C97"/>
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        <balance>483.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>7707.03000000</valUSD>
        <pctVal>0.032376013828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hygon Information Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Hygon Information Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005PT2"/>
          <other otherDesc="Inhouse Asset ID" value="SBQZDHW62"/>
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        <balance>3563.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>146089.63000000</valUSD>
        <pctVal>0.613699425203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sharetronic Data Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Sharetronic Data Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100004173"/>
          <other otherDesc="Inhouse Asset ID" value="SBRS77665"/>
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        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>60554.39000000</valUSD>
        <pctVal>0.254379413080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Zheneng Electric Power Co. Ltd.</name>
        <lei>3003007BB94AW2PBWC09</lei>
        <title>Zhejiang Zheneng Electric Power Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001SP3"/>
          <other otherDesc="Inhouse Asset ID" value="SBS7K3K92"/>
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        <balance>16500.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>12386.48000000</valUSD>
        <pctVal>0.052033643019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shaanxi Coal Industry Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shaanxi Coal Industry Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001T64"/>
          <other otherDesc="Inhouse Asset ID" value="SBS7K5P84"/>
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        <balance>2800.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>10269.65000000</valUSD>
        <pctVal>0.043141175058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hua Hong Grace Semiconductor Ltd.</name>
        <lei>529900OXH3ZYLIMGB907</lei>
        <title>Hua Hong Grace Semiconductor Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100006M90"/>
          <other otherDesc="Inhouse Asset ID" value="SBSNVN622"/>
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        <balance>345.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>12117.88000000</valUSD>
        <pctVal>0.050905296910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Smartsens Technology Shanghai Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Smartsens Technology Shanghai Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005QT0"/>
          <other otherDesc="Inhouse Asset ID" value="SBTDQ4V64"/>
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        <balance>244.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>3320.34000000</valUSD>
        <pctVal>0.013948223083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Foshan Haitian Flavouring &amp; Food Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Foshan Haitian Flavouring &amp; Food Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001SL2"/>
          <other otherDesc="Inhouse Asset ID" value="SBTFRHX00"/>
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        <balance>7392.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>42015.95000000</valUSD>
        <pctVal>0.176502359300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ningbo Tuopu Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Ningbo Tuopu Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000023J3"/>
          <other otherDesc="Inhouse Asset ID" value="SBYQDMF95"/>
        </identifiers>
        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>28962.68000000</valUSD>
        <pctVal>0.121667636972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guotai Haitong Securities Co. Ltd.</name>
        <lei>300300E1005431000017</lei>
        <title>Guotai Haitong Securities Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000022F3"/>
          <other otherDesc="Inhouse Asset ID" value="SBYQDMZ93"/>
        </identifiers>
        <balance>3100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>8416.93000000</valUSD>
        <pctVal>0.035358191426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China National Nuclear Power Co. Ltd.</name>
        <lei>3003003YPVL5EMT5LZ97</lei>
        <title>China National Nuclear Power Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000022N7"/>
          <other otherDesc="Inhouse Asset ID" value="SBYQDNJ08"/>
        </identifiers>
        <balance>35500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>47607.39000000</valUSD>
        <pctVal>0.199991114211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Etern Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Jiangsu Etern Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000T83"/>
          <other otherDesc="Inhouse Asset ID" value="SBYV1QH88"/>
        </identifiers>
        <balance>6800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>32149.30000000</valUSD>
        <pctVal>0.135054123490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Jiangsu Co. Ltd.</name>
        <lei>300300C1086832000046</lei>
        <title>Bank of Jiangsu Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002G76"/>
          <other otherDesc="Inhouse Asset ID" value="SBYW5MY82"/>
        </identifiers>
        <balance>29100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>50981.94000000</valUSD>
        <pctVal>0.214167064929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YTO Express Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>YTO Express Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000012J8"/>
          <other otherDesc="Inhouse Asset ID" value="SBYW5QJ15"/>
        </identifiers>
        <balance>43899.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>122538.06000000</valUSD>
        <pctVal>0.514763005338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Goodix Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shenzhen Goodix Technology Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002G84"/>
          <other otherDesc="Inhouse Asset ID" value="SBYW5QT14"/>
        </identifiers>
        <balance>3490.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>27065.60000000</valUSD>
        <pctVal>0.113698303998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENN Natural Gas Co. Ltd.</name>
        <lei>300300KVDMGNQNP52Z98</lei>
        <title>ENN Natural Gas Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000DG7"/>
          <other otherDesc="Inhouse Asset ID" value="SBYYFJJ08"/>
        </identifiers>
        <balance>4100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>10805.87000000</valUSD>
        <pctVal>0.045393750451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hangzhou First Applied Material Co. Ltd.</name>
        <lei>8368001FT238FD11Z218</lei>
        <title>Hangzhou First Applied Material Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001VX1"/>
          <other otherDesc="Inhouse Asset ID" value="SBYYFJR82"/>
        </identifiers>
        <balance>1600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>3472.56000000</valUSD>
        <pctVal>0.014587675223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>G-bits Network Technology Xiamen Co. Ltd.</name>
        <lei>N/A</lei>
        <title>G-bits Network Technology Xiamen Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002GK7"/>
          <other otherDesc="Inhouse Asset ID" value="SBYZQW376"/>
        </identifiers>
        <balance>900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>51816.31000000</valUSD>
        <pctVal>0.217672121307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chifeng Jilong Gold Mining Group Ltd.</name>
        <lei>300300PUFBCIZ7STN538</lei>
        <title>Chifeng Jilong Gold Mining Group Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001H94"/>
          <other otherDesc="Inhouse Asset ID" value="SBZ0D1S85"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>29426.90000000</valUSD>
        <pctVal>0.123617751756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Everbright Securities Co. Ltd.</name>
        <lei>300300631H57L451WO11</lei>
        <title>Everbright Securities Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000FD8"/>
          <other otherDesc="Inhouse Asset ID" value="SBZ0D1Y47"/>
        </identifiers>
        <balance>51500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>112837.92000000</valUSD>
        <pctVal>0.474014251696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yuan Renminbi</name>
        <lei>N/A</lei>
        <title>Yuan Renminbi</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="ISO Currency code" value="CNY"/>
        </identifiers>
        <balance>5921470.81000000</balance>
        <units>OU</units>
        <descOthUnits>Currencies</descOthUnits>
        <currencyConditional curCd="CNY" exchangeRt="6.75245000"/>
        <valUSD>876936.64000000</valUSD>
        <pctVal>3.683872098982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Foreign currencies" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>FTSE China A50 Index</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXDB2282075"/>
          <other otherDesc="Inhouse Asset ID" value="XUQ620260"/>
          <other otherDesc="Future Ticker" value="XUQ6 Index"/>
        </identifiers>
        <balance>17.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2033.84000000</valUSD>
        <pctVal>0.008543840099</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Future" issuerCat="OTHER"/>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Singapore Exchange Derivatives Clearing</counterpartyName>
              <counterpartyLei>549300ZLWT3FK3F0FW61</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>FTSE China A50 Index</indexName>
                <indexIdentifier>XIN9I Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2026-08-28</expDate>
            <notionalAmt>251621.51000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>2033.84000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>



      <explntrNote note="Monthly returns presented in B.5.a have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>


    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-07-31</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Funds</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
