# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009730
**Filing Date:** 2025-11
**Character Count:** 39879
**Document Hash:** bc6560357c7f01e4f8274e09fd986268
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009730.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009730

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MATTHEWS INTERNATIONAL FUNDS
- **CENTRAL INDEX KEY:** 0000923184

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08510
- **FILM NUMBER:** 251513042

**BUSINESS ADDRESS:**
- **STREET 1:** FOUR EMBARCADERO CENTER
- **STREET 2:** SUITE 550
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111
- **BUSINESS PHONE:** 8007898742

**MAIL ADDRESS:**
- **STREET 1:** FOUR EMBARCADERO CENTER
- **STREET 2:** SUITE 550
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111

## Series and Classes Contracts Data

### MATTHEWS CHINA FUND (Series ID: S000001032)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000002790 | Investor Class Shares      | MCHFX           |
| C000093224 | Institutional Class Shares | MICFX           |

## Nport-Ex

Matthews China FundSeptember 30, 2025

*Schedule of Investments*<sup>a</sup> *(unaudited)*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 99.6%** | **COMMON EQUITIES: 99.6%** | |
|  | **Shares** | <br>**Value** |
| **Consumer Discretionary: 25.6%** | **Consumer Discretionary: 25.6%** | **Consumer Discretionary: 25.6%** |
| **Broadline Retail: 15.9%** | **Broadline Retail: 15.9%** | **Broadline Retail: 15.9%** |
| Alibaba Group Holding, Ltd. | 2040500 | $45633980 |
| JD.com, Inc. Class A | 905213 | 15859795 |
| PDD Holdings, Inc. ADR<sup>b</sup> <br>| 105530 | 13947900 |
|  |  | **75441675** |
| **Hotels, Restaurants & Leisure: 5.0%** | **Hotels, Restaurants & Leisure: 5.0%** | **Hotels, Restaurants & Leisure: 5.0%** |
| Meituan Class B<sup>b,c,d</sup> <br>| 779880 | 10418236 |
| Galaxy Entertainment Group, Ltd. | 1407000 | 7736191 |
| Trip.com Group, Ltd. ADR | 56889 | 4278053 |
| Luckin Coffee, Inc. ADR<sup>b</sup> <br>| 31594 | 1200888 |
|  |  | **23633368** |
| **Household Durables: 3.1%** | **Household Durables: 3.1%** | **Household Durables: 3.1%** |
| Midea Group Co., Ltd. A Shares | 559852 | 5717328 |
| Man Wah Holdings, Ltd. | 9535600 | 5270927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hisense Home Appliances Group Co., Ltd. H <br> Shares<br>| 1186000 | 3706074 |
|  |  | **14694329** |
| **Automobiles: 1.6%** | **Automobiles: 1.6%** | **Automobiles: 1.6%** |
| BYD Co., Ltd. H Shares | 543000 | **7675130** |
| **Total Consumer Discretionary** |  | **121444502** |
| **Financials: 20.0%** | **Financials: 20.0%** | **Financials: 20.0%** |
| **Banks: 7.2%** | **Banks: 7.2%** | **Banks: 7.2%** |
| China Construction Bank Corp. H Shares | 17914000 | 17182504 |
| China Merchants Bank Co., Ltd. H Shares | 1511000 | 9043299 |
| China Merchants Bank Co., Ltd. A Shares | 1392723 | 7908946 |
|  |  | **34134749** |
| **Capital Markets: 7.0%** | **Capital Markets: 7.0%** | **Capital Markets: 7.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; China Merchants Securities Co., Ltd. H <br> Shares<sup>c,d</sup> <br>| 4813200 | 10677101 |
| &nbsp;&nbsp;&nbsp;&nbsp; China International Capital Corp., Ltd. H <br> Shares<sup>c,d</sup> <br>| 3850800 | 10536688 |
| East Money Information Co., Ltd. A Shares | 1568720 | 5988056 |
| Hong Kong Exchanges & Clearing, Ltd. | 75000 | 4257792 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hithink RoyalFlush Information Network Co., <br> Ltd. A Shares<br>| 32600 | 1708504 |
|  |  | **33168141** |
| **Insurance: 5.1%** | **Insurance: 5.1%** | **Insurance: 5.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Ping An Insurance Group Co. of China, Ltd. <br> H Shares<br>| 2332500 | 15868206 |
| New China Life Insurance Co., Ltd. H Shares | 732000 | 4335366 |
| China Life Insurance Co., Ltd. H Shares | 1404000 | 3975988 |
|  |  | **24179560** |
| **Consumer Finance: 0.7%** | **Consumer Finance: 0.7%** | **Consumer Finance: 0.7%** |
| Qfin Holdings, Inc. ADR | 116132 | **3342279** |
| **Total Financials** |  | **94824729** |
| **Communication Services: 17.3%** | **Communication Services: 17.3%** | **Communication Services: 17.3%** |
| **Interactive Media & Services: 13.9%** | **Interactive Media & Services: 13.9%** | **Interactive Media & Services: 13.9%** |
| Tencent Holdings, Ltd. | 601300 | 51236534 |
| Kuaishou Technology<sup>c,d</sup> <br>| 944800 | 10218824 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| Baidu, Inc. Class A<sup>b</sup> <br>| 269400 | $4454381 |
|  |  | **65909739** |
| **Entertainment: 1.9%** | **Entertainment: 1.9%** | **Entertainment: 1.9%** |
| NetEase, Inc. | 168200 | 5108631 |
| Tencent Music Entertainment Group ADR | 88931 | 2075650 |
| Maoyan Entertainment<sup>c,d</sup> <br>| 1943400 | 1990920 |
|  |  | **9175201** |
| **Diversified Telecommunication Services: 0.9%** | **Diversified Telecommunication Services: 0.9%** | **Diversified Telecommunication Services: 0.9%** |
| China Tower Corp., Ltd. H Shares<sup>c,d</sup> <br>| 2850000 | **4201296** |
| **Media: 0.6%** | **Media: 0.6%** | **Media: 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Focus Media Information Technology Co., <br> Ltd. A Shares<br>| 2479887 | **2811253** |
| **Total Communication Services** |  | **82097489** |
| **Industrials: 11.5%** | **Industrials: 11.5%** | **Industrials: 11.5%** |
| **Electrical Equipment: 5.1%** | **Electrical Equipment: 5.1%** | **Electrical Equipment: 5.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Contemporary Amperex Technology Co., <br> Ltd. A Shares<br>| 188560 | 10679333 |
| Sungrow Power Supply Co., Ltd. A Shares | 292103 | 6658771 |
| Hongfa Technology Co., Ltd. A Shares | 1241716 | 4600196 |
| Xuji Electric Co., Ltd. A Shares | 672200 | 2506227 |
|  |  | **24444527** |
| **Ground Transportation: 2.8%** | **Ground Transportation: 2.8%** | **Ground Transportation: 2.8%** |
| DiDi Global, Inc. ADR<sup>b</sup> <br>| 2184620 | **13588337** |
| **Machinery: 1.7%** | **Machinery: 1.7%** | **Machinery: 1.7%** |
| Neway Valve Suzhou Co., Ltd. A Shares | 691697 | 4357388 |
| Yutong Bus Co., Ltd. A Shares | 944600 | 3605783 |
|  |  | **7963171** |
| **Air Freight & Logistics: 1.0%** | **Air Freight & Logistics: 1.0%** | **Air Freight & Logistics: 1.0%** |
| JD Logistics, Inc.<sup>b,c,d</sup> <br>| 2727700 | **4582697** |
| **Professional Services: 0.9%** | **Professional Services: 0.9%** | **Professional Services: 0.9%** |
| Kanzhun, Ltd. ADR<sup>b</sup> <br>| 185801 | **4340311** |
| **Total Industrials** |  | **54919043** |
| **Information Technology: 9.7%** | **Information Technology: 9.7%** | **Information Technology: 9.7%** |
| **Semiconductors & Semiconductor Equipment: 3.2%** | **Semiconductors & Semiconductor Equipment: 3.2%** | **Semiconductors & Semiconductor Equipment: 3.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; OmniVision Integrated Circuits Group, Inc. A <br> Shares<br>| 332300 | 7076078 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cambricon Technologies Corp., Ltd. A <br> Shares<sup>b</sup> <br>| 28038 | 5238090 |
| Xinyi Solar Holdings, Ltd. | 6634000 | 2927477 |
|  |  | **15241645** |
| **Communications Equipment: 2.9%** | **Communications Equipment: 2.9%** | **Communications Equipment: 2.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Suzhou TFC Optical Communication Co., <br> Ltd. A Shares<br>| 365516 | 8648900 |
| BYD Electronic International Co., Ltd. | 921000 | 4882366 |
|  |  | **13531266** |
| **Electronic Equipment, Instruments & Components: 2.7%** | **Electronic Equipment, Instruments & Components: 2.7%** | **Electronic Equipment, Instruments & Components: 2.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Foxconn Industrial Internet Co., Ltd. A <br> Shares<br>| 791675 | 7382183 |

---

*matthewsasia.com* \| 800.789.ASIA **1**

------

Matthews China FundSeptember 30, 2025

*Schedule of Investments*<sup>a</sup> *(unaudited) (continued)*

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; WUS Printed Circuit Kunshan Co., Ltd. A <br> Shares<br>| 269600 | $2792431 |
| Wingtech Technology Co., Ltd. A Shares<sup>b</sup> <br>| 391800 | 2561041 |
|  |  | **12735655** |
| **Technology Hardware, Storage & Peripherals: 0.9%** | **Technology Hardware, Storage & Peripherals: 0.9%** | **Technology Hardware, Storage & Peripherals: 0.9%** |
| Lenovo Group, Ltd. | 2982000 | **4418697** |
| **Total Information Technology** |  | **45927263** |
| **Real Estate: 4.0%** | **Real Estate: 4.0%** | **Real Estate: 4.0%** |
| **Real Estate Management & Development: 4.0%** | **Real Estate Management & Development: 4.0%** | **Real Estate Management & Development: 4.0%** |
| KE Holdings, Inc. ADR | 176686 | 3357034 |
| CIFI Holdings Group Co., Ltd.<sup>b</sup> <br>| 104961520 | 3289153 |
| Longfor Group Holdings, Ltd.<sup>c,d</sup> <br>| 1948000 | 2967537 |
| China Resources Land, Ltd. | 708000 | 2759426 |
| China Overseas Property Holdings, Ltd. | 3870000 | 2506670 |
| Yuexiu Property Co., Ltd. | 3079000 | 2059630 |
| Times China Holdings, Ltd.<sup>b</sup> <br>| 42755000 | 1060366 |
| China Overseas Grand Oceans Group, Ltd. | 3122000 | 998305 |
| **Total Real Estate** |  | **18998121** |
| **Materials: 4.0%** | **Materials: 4.0%** | **Materials: 4.0%** |
| **Metals & Mining: 3.4%** | **Metals & Mining: 3.4%** | **Metals & Mining: 3.4%** |
| CMOC Group, Ltd. H Shares | 3120000 | 6289197 |
| CMOC Group, Ltd. A Shares | 2807100 | 6210148 |
| MMG, Ltd.<sup>b</sup> <br>| 4300000 | 3724248 |
|  |  | **16223593** |
| **Chemicals: 0.6%** | **Chemicals: 0.6%** | **Chemicals: 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Shanghai Putailai New Energy Technology <br> Co., Ltd. A Shares<br>| 609150 | **2648869** |
| **Total Materials** |  | **18872462** |
| **Health Care: 3.3%** | **Health Care: 3.3%** | **Health Care: 3.3%** |
| **Biotechnology: 1.8%** | **Biotechnology: 1.8%** | **Biotechnology: 1.8%** |
| Innovent Biologics, Inc.<sup>b,c,d</sup> <br>| 681000 | **8479220** |
| **Life Sciences Tools & Services: 1.0%** | **Life Sciences Tools & Services: 1.0%** | **Life Sciences Tools & Services: 1.0%** |
| WuXi AppTec Co., Ltd. A Shares | 319000 | **5043472** |
| **Pharmaceuticals: 0.4%** | **Pharmaceuticals: 0.4%** | **Pharmaceuticals: 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; China Resources Sanjiu Medical & <br> Pharmaceutical Co., Ltd. A Shares<br>| 457210 | **1804381** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care Providers & Services: 0.1%** | **Health Care Providers & Services: 0.1%** | **Health Care Providers & Services: 0.1%** |
| Aier Eye Hospital Group Co., Ltd. A Shares | 225706 | **$391545** |
| **Total Health Care** |  | **15718618** |
| **Consumer Staples: 2.4%** | **Consumer Staples: 2.4%** | **Consumer Staples: 2.4%** |
| **Beverages: 2.4%** | **Beverages: 2.4%** | **Beverages: 2.4%** |
| Wuliangye Yibin Co., Ltd. A Shares | 495379 | 8458892 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shanxi Xinghuacun Fen Wine Factory Co., <br> Ltd. A Shares<br>| 116022 | 3164972 |
| **Total Consumer Staples** |  | **11623864** |
| **Energy: 1.8%** | **Energy: 1.8%** | **Energy: 1.8%** |
| **Oil, Gas & Consumable Fuels: 1.0%** | **Oil, Gas & Consumable Fuels: 1.0%** | **Oil, Gas & Consumable Fuels: 1.0%** |
| PetroChina Co., Ltd. H Shares | 5092000 | **4616233** |
| **Energy Equipment & Services: 0.8%** | **Energy Equipment & Services: 0.8%** | **Energy Equipment & Services: 0.8%** |
| China Oilfield Services, Ltd. H Shares | 4658000 | **3989551** |
| **Total Energy** |  | **8605784** |
| **Total Investments: 99.6%** |  | **473031875** |
| (Cost $404,589,636) |  |  |
| **CASH AND OTHER ASSETS,** <br>**LESS LIABILITIES: 0.4%**<br>|  | **1748683** |
| **Net Assets: 100.0%** |  | **$474780558** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| a | &nbsp;&nbsp;&nbsp; Certain securities were fair valued under the valuation policies approved by the <br> Board of Trustees.<br>|
| b | Non-income producing security. |
| c | &nbsp;&nbsp;&nbsp; Security exempt from registration under Rule 144A of the Securities Act of 1933, as <br> amended. The security may be resold in transactions exempt from registration <br> normally to qualified institutional buyers. The security has been determined to be <br> liquid in accordance with procedures adopted by the Funds' Board of Trustees. At <br> September 30, 2025, the aggregate value is $64,072,519, which is 13.50% of net <br> assets.<br>|
| d | &nbsp;&nbsp;&nbsp; The securities may be resold to qualified foreign investors and foreign institutional <br> buyers under Regulation S of the Securities Act of 1933.<br>|
| ADR | American Depositary Receipt |

---

Other information regarding the Fund is available in the Funds' most recent report to shareholders. This information is available on the Securities and Exchange Commission's website (www.sec.gov).

**2** MATTHEWS ASIA FUNDS

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Matthews International Funds

- **b. Investment Company Act file number:** 811-08510

- **c. CIK number of Registrant:** 0000923184

- **d. LEI of Registrant:** 5493007IYPQKGSDVTS49

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** Four Embarcadero Center

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94111

  - **Telephone number:** 415-788-7553

**Item A.2. Information about the Series.**

- **a. Name of Series:** Matthews China Fund

- **b. EDGAR series identifier (if any):** S000001032

- **c. LEI of Series:** 549300R3S4J2UHBQ6F50

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $475690140.84

**Total Liabilities:** $832730.92

**Net Assets:** $474857409.92

**Cash Not Reported:** $1807826.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002790 | 5.68%                | 8.79%                | 7.03%                |
| Class ID C000093224 | 5.75%                | 8.79%                | 6.97%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $747113.82               | $18917892.34                               |
| Month 2  | $10358187.85             | $24989453.85                               |
| Month 3  | $2353819.73              | $27936630.65                               |

### Schedule of Portfolio Investments

| Name                                           | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| China Merchants Bank Co Ltd                    | China Merchants Bank Co Ltd                            | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |   1392723 | NS      | $7908945.90   | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                                        | Meituan                                                | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |    779880 | NS      | $10418236.43  | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Baidu Inc                                      | Baidu Inc                                              | CUSIP: 000000000<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | CN        |    269400 | NS      | $4454380.51   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                      | Alibaba Group Holding Ltd                              | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |   2040500 | NS      | $45633979.61  | 9.61%             |  |  |  | No            |                  2 | On Loan: No      |
| MMG Ltd                                        | MMG Ltd                                                | CUSIP: 000000000<br>LEI: 529900XB5IQXFMSWEC48 | Long             | EC               | CORP              | AU        |   4300000 | NS      | $3724247.74   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| CIFI Holdings Group Co Ltd                     | CIFI Holdings Group Co Ltd                             | CUSIP: 000000000<br>LEI: 549300WGKSV867C0JF48 | Long             | EC               | CORP              | CN        | 104961520 | NS      | $3289152.62   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Hisense HA                                     | Hisense Home Appliances Group Co Ltd                   | CUSIP: 000000000<br>LEI: 529900PRGESPUBUBN103 | Long             | EC               | CORP              | CN        |   1186000 | NS      | $3706074.16   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA OVS PPT                                  | China Overseas Property Holdings Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   3870000 | NS      | $2506670.60   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Innovent Biologics Inc                         | Innovent Biologics Inc                                 | CUSIP: 000000000<br>LEI: 25490058ONL9SCIE1R22 | Long             | EC               | CORP              | CN        |    681000 | NS      | $8479220.22   | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Xuji Electric Co Ltd                           | Xuji Electric Co Ltd                                   | CUSIP: 000000000<br>LEI: 3003000OT9G77QBDC838 | Long             | EC               | CORP              | CN        |    672200 | NS      | $2506226.95   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Qfin Holdings Inc                              | Qfin Holdings Inc                                      | CUSIP: 88557W101<br>LEI: 836800R59NKEPDR6I240 | Long             | EC               | CORP              | CN        |    116132 | NS      | $3342278.96   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                               | PDD Holdings Inc                                       | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |    105530 | NS      | $13947900.10  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CICC                                           | China International Capital Corp Ltd                   | CUSIP: 000000000<br>LEI: 529900OS3SVVTT56QN67 | Long             | EC               | CORP              | CN        |   3850800 | NS      | $10536688.32  | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co Ltd                    | China Merchants Bank Co Ltd                            | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |   1511000 | NS      | $9043298.74   | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.com Inc                                     | JD.com Inc                                             | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |    905213 | NS      | $15859795.30  | 3.34%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                                    | NetEase Inc                                            | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |    168200 | NS      | $5108631.52   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| HDGF                                           | WUS Printed Circuit Kunshan Co Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    269600 | NS      | $2792431.11   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Xinyi Solar Holdings Ltd                       | Xinyi Solar Holdings Ltd                               | CUSIP: 000000000<br>LEI: 529900QF7VIH03SB7Q08 | Long             | EC               | CORP              | CN        |   6634000 | NS      | $2927477.18   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Wingtech Technology Co Ltd                     | Wingtech Technology Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    391800 | NS      | $2561040.47   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Galaxy Entertainment Group Ltd                 | Galaxy Entertainment Group Ltd                         | CUSIP: 000000000<br>LEI: 549300ZSEBV3HR826S10 | Long             | EC               | CORP              | HK        |   1407000 | NS      | $7736190.96   | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanzhun Ltd                                    | Kanzhun Ltd                                            | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |    185801 | NS      | $4340311.36   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Times China Holdings Ltd                       | Times China Holdings Ltd                               | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | EC               | CORP              | CN        |  42755000 | NS      | $1060365.98   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co Ltd                             | Midea Group Co Ltd                                     | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |    559852 | NS      | $5717328.02   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| JD Logistics Inc                               | JD Logistics Inc                                       | CUSIP: 000000000<br>LEI: 655600LWTFVMV3E2A890 | Long             | EC               | CORP              | CN        |   2727700 | NS      | $4582696.54   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Lenovo Group Ltd                               | Lenovo Group Ltd                                       | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | CN        |   2982000 | NS      | $4418696.75   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| CR SANJIU                                      | China Resources Sanjiu Medical & Pharmaceutical Co Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    457210 | NS      | $1804380.93   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| DiDi Global Inc                                | DiDi Global Inc                                        | CUSIP: 23292E108<br>LEI: 8368006Y2DHY77ADSY31 | Long             | EC               | CORP              | CN        |   2184620 | NS      | $13588336.40  | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CATL                                           | Contemporary Amperex Technology Co Ltd                 | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    188560 | NS      | $10679333.17  | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| TFC                                            | Suzhou TFC Optical Communication Co Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    365516 | NS      | $8648899.78   | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanxi Fen Wine                                | Shanxi Xinghuacun Fen Wine Factory Co Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    116022 | NS      | $3164971.84   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Cambricon Technologies Corp Lt                 | Cambricon Technologies Corp Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     28038 | NS      | $5238089.64   | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CMSC                                           | China Merchants Securities Co Ltd                      | CUSIP: 000000000<br>LEI: 30030060IEIMX476KH87 | Long             | EC               | CORP              | CN        |   4813200 | NS      | $10677100.73  | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| East Money Information Co Ltd                  | East Money Information Co Ltd                          | CUSIP: 000000000<br>LEI: 836800ZFB0ZEK3KKW487 | Long             | EC               | CORP              | CN        |   1568720 | NS      | $5988056.54   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD ELECTRONIC                                 | BYD Electronic International Co Ltd                    | CUSIP: 000000000<br>LEI: 5299001O3LAFGRPZ3Y63 | Long             | EC               | CORP              | CN        |    921000 | NS      | $4882366.58   | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuaishou Technology                            | Kuaishou Technology                                    | CUSIP: 000000000<br>LEI: 300300FCDZBE6UP9ED24 | Long             | EC               | CORP              | CN        |    944800 | NS      | $10218824.44  | 2.15%             |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co Ltd                              | PetroChina Co Ltd                                      | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |   5092000 | NS      | $4616233.23   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| OmniVision Integrated Circuits                 | OmniVision Integrated Circuits Group Inc               | CUSIP: 000000000<br>LEI: 8368000MFHXX01GPND38 | Long             | EC               | CORP              | CN        |    332300 | NS      | $7076078.34   | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| FLUSH INFO                                     | Hithink RoyalFlush Information Network Co Ltd          | CUSIP: 000000000<br>LEI: 300300TIQA4R0NPLQE78 | Long             | EC               | CORP              | CN        |     32600 | NS      | $1708504.01   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Yutong Bus Co Ltd                              | Yutong Bus Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300OMPRVW0Q75F037 | Long             | EC               | CORP              | CN        |    944600 | NS      | $3605783.55   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| China Oilfield Services Ltd                    | China Oilfield Services Ltd                            | CUSIP: 000000000<br>LEI: 529900J4X53VL8QQW675 | Long             | EC               | CORP              | CN        |   4658000 | NS      | $3989551.16   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| China Tower Corp Ltd                           | China Tower Corp Ltd                                   | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |   2850000 | NS      | $4201296.15   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| China Life Insurance Co Ltd                    | China Life Insurance Co Ltd                            | CUSIP: 000000000<br>LEI: 549300J6TFLDXGH6S048 | Long             | EC               | CORP              | CN        |   1404000 | NS      | $3975987.74   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Hongfa Technology Co Ltd                       | Hongfa Technology Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   1241716 | NS      | $4600196.19   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| CMOC Group Ltd                                 | CMOC Group Ltd                                         | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |   3120000 | NS      | $6289197.05   | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Longfor Group Holdings Ltd                     | Longfor Group Holdings Ltd                             | CUSIP: 000000000<br>LEI: 254900UJX27B2F1JYR13 | Long             | EC               | CORP              | CN        |   1948000 | NS      | $2967536.98   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Luckin Coffee Inc                              | Luckin Coffee Inc                                      | CUSIP: 54951L109<br>LEI: 549300FO16ASCVSMYI15 | Long             | EC               | CORP              | CN        |     31594 | NS      | $1200887.94   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Aier Eye Hospital Group Co Ltd                 | Aier Eye Hospital Group Co Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    225706 | NS      | $391544.36    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO LTD | SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO LTD         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    609150 | NS      | $2648868.58   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| FOCUS MEDIA                                    | Focus Media Information Technology Co Ltd              | CUSIP: 000000000<br>LEI: 300300V7WGZW0LZKTD06 | Long             | EC               | CORP              | CN        |   2479887 | NS      | $2811252.84   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Man Wah Holdings Ltd                           | Man Wah Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 52990005BW6K71UPKX41 | Long             | EC               | CORP              | HK        |   9535600 | NS      | $5270926.83   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| PING AN                                        | Ping An Insurance Group Co of China Ltd                | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |   2332500 | NS      | $15868205.86  | 3.34%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Land Ltd                       | China Resources Land Ltd                               | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | HK        |    708000 | NS      | $2759425.80   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                           | Tencent Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |    601300 | NS      | $51236533.82  | 10.79%            |  |  |  | No            |                  2 | On Loan: No      |
| HKEX                                           | Hong Kong Exchanges & Clearing Ltd                     | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |     75000 | NS      | $4257791.72   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Maoyan Entertainment                           | Maoyan Entertainment                                   | CUSIP: 000000000<br>LEI: 254900DBFLAM1EAPV891 | Long             | EC               | CORP              | CN        |   1943400 | NS      | $1990919.96   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuexiu Property Co Ltd                         | Yuexiu Property Co Ltd                                 | CUSIP: 000000000<br>LEI: 529900GASK6R1FD08W10 | Long             | EC               | CORP              | HK        |   3079000 | NS      | $2059629.61   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Music Entertainment Gr                 | Tencent Music Entertainment Group                      | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CN        |     88931 | NS      | $2075649.54   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NCI                                            | New China Life Insurance Co Ltd                        | CUSIP: 000000000<br>LEI: 300300F2001111000095 | Long             | EC               | CORP              | CN        |    732000 | NS      | $4335366.05   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| CMOC Group Ltd                                 | CMOC Group Ltd                                         | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |   2807100 | NS      | $6210148.41   | 1.31%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings Inc                                | KE Holdings Inc                                        | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |    176686 | NS      | $3357034.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Foxconn Industrial Internet Co                 | Foxconn Industrial Internet Co Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    791675 | NS      | $7382183.04   | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| China Construction Bank Corp                   | China Construction Bank Corp                           | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |  17914000 | NS      | $17182504.66  | 3.62%             |  |  |  | No            |                  2 | On Loan: No      |
| WuXi AppTec Co Ltd                             | WuXi AppTec Co Ltd                                     | CUSIP: 000000000<br>LEI: 254900OEPQLZSPLN9175 | Long             | EC               | CORP              | CN        |    319000 | NS      | $5043472.23   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CH OVS G OCEANS                                | China Overseas Grand Oceans Group Ltd                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   3122000 | NS      | $998305.03    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Sungrow Power Supply Co Ltd                    | Sungrow Power Supply Co Ltd                            | CUSIP: 000000000<br>LEI: 30030052IWC7RGVFG505 | Long             | EC               | CORP              | CN        |    292103 | NS      | $6658771.00   | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd                             | Trip.com Group Ltd                                     | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | SG        |     56889 | NS      | $4278052.80   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Wuliangye Yibin Co Ltd                         | Wuliangye Yibin Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    495379 | NS      | $8458892.46   | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                                     | BYD Co Ltd                                             | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    543000 | NS      | $7675130.26   | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Neway Valve Suzhou Co Ltd                      | Neway Valve Suzhou Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    691697 | NS      | $4357387.66   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Matthews International Funds

**Signature:** Shai Malka

**Name of Signer:** Shai Malka

**Title:** Treasurer