| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | HHLR Advisors Ltd. | 4,885,873 | -1,226,060 | 21,253,547.55 | 0.14 | 7.6371 | 12/31/2025 |
| 2 | Morgan Stanley & Co. LLC | 3,524,387 | 538,194 | 15,331,083.45 | 0.0054 | 5.509 | 12/31/2025 |
| 3 | Bank of America, NA (Private Banking) | 1,665,705 | 1,661,901 | 7,245,816.75 | 0.0021 | 2.6037 | 12/31/2025 |
| 4 | Perseverance Asset Management LP | 529,993 | 529,993 | 2,305,469.55 | 0.0414 | 0.8284 | 12/31/2025 |
| 5 | Renaissance Technologies LLC | 518,307 | -22,700 | 2,254,635.45 | 0.0034 | 0.8102 | 12/31/2025 |
| 6 | Point72 Asset Management LP | 489,514 | -331,704 | 2,129,385.9 | 0.0032 | 0.7652 | 12/31/2025 |
| 7 | Goldman Sachs & Co. LLC (Private Banking) | 443,361 | 360,545 | 1,928,620.35 | 0.0008 | 0.693 | 12/31/2025 |
| 8 | Connor, Clark & Lunn Investment Management Ltd. | 421,584 | 208,406 | 1,833,890.4 | 0.0041 | 0.659 | 12/31/2025 |
| 9 | Fullgoal Fund Management Co., Ltd. | 383,682 | 0 | 1,669,016.7 | 0.0028 | 0.5997 | 06/30/2025 |
| 10 | Yiheng Capital Management LP | 368,347 | 272,019 | 1,602,309.45 | 0.4197 | 0.5758 | 12/31/2025 |
| 11 | Barclays Bank Plc (Private Banking) | 277,877 | 142,685 | 1,208,764.95 | 0.0006 | 0.4343 | 12/31/2025 |
| 12 | China Southern Asset Management Co., Ltd. | 260,000 | 0 | 1,131,000 | 0.0016 | 0.4064 | 06/30/2025 |
| 13 | Helios Capital Management Pte Ltd. | 200,000 | 0 | 870,000 | 0.6268 | 0.3126 | 12/31/2025 |
| 14 | Arrowstreet Capital LP | 179,127 | -73,235 | 779,202.45 | 0.0004 | 0.28 | 12/31/2025 |
| 15 | Citadel Securities LLC | 167,728 | 137,498 | 729,616.8 | 0.0015 | 0.2622 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fullgoal Global Consumption Selected Mixed Fund QDII | 383,682 | 0 | 1,669,016.7 | 0.4552 | 0.5997 | 06/30/2025 |
| 2 | China Southern CN Emerging Economy 9M Holding Mixed Fund QDII | 260,000 | 0 | 1,131,000 | 0.732 | 0.4064 | 06/30/2025 |
| 3 | State Street SPDR Portfolio Emerging Markets ETF | 66,012 | 8,600 | 287,152.2 | 0.0017 | 0.1032 | 01/30/2026 |
| 4 | DFA Emerging Markets Small Cap Portfolio | 58,683 | 5,028 | 255,271.05 | 0.0059 | 0.0917 | 11/30/2025 |
| 5 | DFA Emerging Markets Small Cap Series (The) | 58,683 | 5,028 | 255,271.05 | 0.0061 | 0.0917 | 10/31/2025 |
| 6 | CC&L UCITS ICAV - Q Emerging Markets Equity UCITS Fund | 55,035 | 33,052 | 239,402.25 | 0.0122 | 0.086 | 01/30/2026 |
| 7 | Invesco Golden Dragon China ETF | 53,653 | -1,979 | 233,390.55 | 0.1738 | 0.0839 | 01/30/2026 |
| 8 | DFA Emerging Markets Core Equity 2 Portfolio | 49,108 | 15,119 | 213,619.8 | 0.0005 | 0.0768 | 11/30/2025 |
| 9 | State Street SPDR S&P Emerging Markets Small Cap ETF | 44,799 | 9,136 | 194,875.65 | 0.0246 | 0.07 | 01/30/2026 |
| 10 | DFA Emerging Markets Sustainability Core 1 Portfolio | 25,009 | 0 | 108,789.15 | 0.008 | 0.0391 | 11/30/2025 |
| 11 | DFA Emerging Markets Social Core Equity Portfolio | 20,551 | 0 | 89,396.85 | 0.0042 | 0.0321 | 11/30/2025 |
| 12 | DFA World (ex-US) Core Equity Portfolio | 18,246 | 0 | 79,370.1 | 0.0014 | 0.0285 | 11/30/2025 |
| 13 | DFA Emerging Markets Targeted Value Portfolio | 17,343 | 0 | 75,442.05 | 0.0213 | 0.0271 | 11/30/2025 |
| 14 | Dimensional Funds ICVC - Emerging Markets Core Equity Fund | 14,731 | 0 | 64,079.85 | 0.002 | 0.023 | 11/30/2025 |
| 15 | ActivePassive International Equity ETF | 13,161 | 3,901 | 57,250.35 | 0.0056 | 0.0206 | 01/30/2026 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Bank of America, NA (Private Banking) | 1,665,705 | 1,661,901 | 7,245,816.75 | 0.0021 | 2.6037 | 12/31/2025 |
| 2 | Morgan Stanley & Co. LLC | 3,524,387 | 538,194 | 15,331,083.45 | 0.0054 | 5.509 | 12/31/2025 |
| 3 | Perseverance Asset Management LP | 529,993 | 529,993 | 2,305,469.55 | 0.0414 | 0.8284 | 12/31/2025 |
| 4 | Goldman Sachs & Co. LLC (Private Banking) | 443,361 | 360,545 | 1,928,620.35 | 0.0008 | 0.693 | 12/31/2025 |
| 5 | Yiheng Capital Management LP | 368,347 | 272,019 | 1,602,309.45 | 0.4197 | 0.5758 | 12/31/2025 |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | 421,584 | 208,406 | 1,833,890.4 | 0.0041 | 0.659 | 12/31/2025 |
| 7 | Citigroup Global Markets, Inc. (Investment Management) | 152,534 | 149,437 | 663,522.9 | 0.0005 | 0.2384 | 12/31/2025 |
| 8 | Barclays Bank Plc (Private Banking) | 277,877 | 142,685 | 1,208,764.95 | 0.0006 | 0.4343 | 12/31/2025 |
| 9 | Citadel Securities LLC | 167,728 | 137,498 | 729,616.8 | 0.0015 | 0.2622 | 12/31/2025 |
| 10 | Millennium Management LLC | 132,039 | 97,747 | 574,369.65 | 0.0004 | 0.2064 | 12/31/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | HHLR Advisors Ltd. | 4,885,873 | -1,226,060 | 21,253,547.55 | 0.14 | 7.6371 | 12/31/2025 |
| 2 | Point72 Asset Management LP | 489,514 | -331,704 | 2,129,385.9 | 0.0032 | 0.7652 | 12/31/2025 |
| 3 | Pinpoint Asset Management (Singapore) Pte Ltd. | 26,826 | -205,682 | 116,693.1 | 0.0237 | 0.0419 | 12/31/2025 |
| 4 | Jane Street Capital LLC | 72,327 | -182,320 | 314,622.45 | 0.0004 | 0.1131 | 12/31/2025 |
| 5 | Dimensional Fund Advisors LP | 0 | -175,891 | 0 | 0 | 0 | |
| 6 | WT Asset Management Ltd. | 0 | -144,948 | 0 | 0 | 0 | |
| 7 | Cubist Systematic Strategies LLC | 0 | -115,323 | 0 | 0 | 0 | |
| 8 | Marshall Wace LLP | 0 | -105,926 | 0 | 0 | 0 | |
| 9 | Keystone Investors Pte Ltd. | 0 | -105,400 | 0 | 0 | 0 | |
| 10 | Arrowstreet Capital LP | 179,127 | -73,235 | 779,202.45 | 0.0004 | 0.28 | 12/31/2025 |
Data provided by FactSet Research Systems Inc.