# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009732
**Filing Date:** 2025-11
**Character Count:** 38355
**Document Hash:** 4c2762d26d1c89469a977e281a73e38b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009732.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009732

**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:** 251513044

**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 Active ETF (Series ID: S000076757)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000236792 | Matthews China Active ETF | MCH             |

## Nport-Ex

Matthews China Active ETFSeptember 30, 2025

*Schedule of Investments (unaudited)*

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

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 99.6%** | **COMMON EQUITIES: 99.6%** | |
|  | **Shares** | <br>**Value** |
| **Consumer Discretionary: 26.3%** | **Consumer Discretionary: 26.3%** | **Consumer Discretionary: 26.3%** |
| **Broadline Retail: 16.9%** | **Broadline Retail: 16.9%** | **Broadline Retail: 16.9%** |
| Alibaba Group Holding, Ltd. | 112100 | $2550216 |
| JD.com, Inc. Class A | 47250 | 841104 |
| PDD Holdings, Inc. ADR<sup>a</sup> <br>| 5502 | 727199 |
|  |  | **4118519** |
| **Hotels, Restaurants & Leisure: 4.8%** | **Hotels, Restaurants & Leisure: 4.8%** | **Hotels, Restaurants & Leisure: 4.8%** |
| Meituan Class B<sup>a,b,c</sup> <br>| 37010 | 497088 |
| Galaxy Entertainment Group, Ltd. | 66000 | 363745 |
| Trip.com Group, Ltd. ADR | 3147 | 236654 |
| Luckin Coffee, Inc. ADR<sup>a</sup> <br>| 1653 | 62831 |
|  |  | **1160318** |
| **Household Durables: 3.0%** | **Household Durables: 3.0%** | **Household Durables: 3.0%** |
| Man Wah Holdings, Ltd. | 504000 | 279194 |
| Midea Group Co., Ltd. A Shares | 26000 | 265056 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hisense Home Appliances Group Co., Ltd. H <br> Shares<br>| 60000 | 187239 |
|  |  | **731489** |
| **Automobiles: 1.6%** | **Automobiles: 1.6%** | **Automobiles: 1.6%** |
| BYD Co., Ltd. H Shares | 27300 | **386672** |
| **Total Consumer Discretionary** |  | **6396998** |
| **Financials: 20.1%** | **Financials: 20.1%** | **Financials: 20.1%** |
| **Banks: 7.2%** | **Banks: 7.2%** | **Banks: 7.2%** |
| China Construction Bank Corp. H Shares | 883000 | 848908 |
| China Merchants Bank Co., Ltd. H Shares | 79000 | 474788 |
| China Merchants Bank Co., Ltd. A Shares | 74500 | 422390 |
|  |  | **1746086** |
| **Capital Markets: 7.1%** | **Capital Markets: 7.1%** | **Capital Markets: 7.1%** |
| China Merchants Securities Co., Ltd. H Shares<sup>b,c</sup> <br>| 252000 | 560979 |
| &nbsp;&nbsp;&nbsp;&nbsp; China International Capital Corp., Ltd. H <br> Shares<sup>b,c</sup> <br>| 177600 | 488489 |
| East Money Information Co., Ltd. A Shares | 77340 | 294281 |
| Hong Kong Exchanges & Clearing, Ltd. | 4400 | 249961 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hithink RoyalFlush Information Network Co., Ltd. <br> A Shares<br>| 2700 | 140834 |
|  |  | **1734544** |
| **Insurance: 5.1%** | **Insurance: 5.1%** | **Insurance: 5.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Ping An Insurance Group Co. of China, Ltd. H <br> Shares<br>| 119500 | 814800 |
| New China Life Insurance Co., Ltd. H Shares | 37800 | 224262 |
| China Life Insurance Co., Ltd. H Shares | 72000 | 204514 |
|  |  | **1243576** |
| **Consumer Finance: 0.7%** | **Consumer Finance: 0.7%** | **Consumer Finance: 0.7%** |
| Qfin Holdings, Inc. ADR | 6088 | **175213** |
| **Total Financials** |  | **4899419** |
| **Communication Services: 16.6%** | **Communication Services: 16.6%** | **Communication Services: 16.6%** |
| **Interactive Media & Services: 13.1%** | **Interactive Media & Services: 13.1%** | **Interactive Media & Services: 13.1%** |
| Tencent Holdings, Ltd. | 28900 | 2462688 |
| Kuaishou Technology<sup>b,c</sup> <br>| 49500 | 538237 |
| Baidu, Inc. Class A<sup>a</sup> <br>| 11650 | 199448 |
|  |  | **3200373** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Entertainment: 2.0%** | **Entertainment: 2.0%** | **Entertainment: 2.0%** |
| NetEase, Inc. | 9900 | $301311 |
| Maoyan Entertainment<sup>b,c</sup> <br>| 101800 | 104411 |
| Tencent Music Entertainment Group ADR | 3723 | 86895 |
|  |  | **492617** |
| **Diversified Telecommunication Services: 0.9%** | **Diversified Telecommunication Services: 0.9%** | **Diversified Telecommunication Services: 0.9%** |
| China Tower Corp., Ltd. H Shares<sup>b,c</sup> <br>| 147000 | **216899** |
| **Media: 0.6%** | **Media: 0.6%** | **Media: 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Focus Media Information Technology Co., Ltd. A <br> Shares<br>| 129511 | **146457** |
| **Total Communication Services** |  | **4056346** |
| **Industrials: 11.3%** | **Industrials: 11.3%** | **Industrials: 11.3%** |
| **Electrical Equipment: 5.3%** | **Electrical Equipment: 5.3%** | **Electrical Equipment: 5.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Contemporary Amperex Technology Co., Ltd. A <br> Shares<br>| 10800 | 609142 |
| Sungrow Power Supply Co., Ltd. A Shares | 14900 | 338623 |
| Hongfa Technology Co., Ltd. A Shares | 58600 | 216726 |
| Xuji Electric Co., Ltd. A Shares | 34400 | 128046 |
|  |  | **1292537** |
| **Ground Transportation: 2.7%** | **Ground Transportation: 2.7%** | **Ground Transportation: 2.7%** |
| DiDi Global, Inc. ADR<sup>a</sup> <br>| 106286 | **661099** |
| **Machinery: 1.6%** | **Machinery: 1.6%** | **Machinery: 1.6%** |
| Neway Valve Suzhou Co., Ltd. A Shares | 30000 | 188610 |
| Yutong Bus Co., Ltd. A Shares | 48300 | 184393 |
|  |  | **373003** |
| **Professional Services: 0.9%** | **Professional Services: 0.9%** | **Professional Services: 0.9%** |
| Kanzhun, Ltd. ADR<sup>a</sup> <br>| 9704 | **226686** |
| **Air Freight & Logistics: 0.8%** | **Air Freight & Logistics: 0.8%** | **Air Freight & Logistics: 0.8%** |
| JD Logistics, Inc.<sup>a,b,c</sup> <br>| 115900 | **195143** |
| **Total Industrials** |  | **2748468** |
| **Information Technology: 9.5%** | **Information Technology: 9.5%** | **Information Technology: 9.5%** |
| **Semiconductors & Semiconductor Equipment: 3.8%** | **Semiconductors & Semiconductor Equipment: 3.8%** | **Semiconductors & Semiconductor Equipment: 3.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; OmniVision Integrated Circuits Group, Inc. A <br> Shares<br>| 17100 | 362686 |
| Cambricon Technologies Corp., Ltd. A Shares<sup>a</sup> <br>| 1803 | 335182 |
| Xinyi Solar Holdings, Ltd. | 342000 | 151210 |
| NAURA Technology Group Co., Ltd. A Shares | 1272 | 80731 |
|  |  | **929809** |
| **Communications Equipment: 2.8%** | **Communications Equipment: 2.8%** | **Communications Equipment: 2.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Suzhou TFC Optical Communication Co., Ltd. A <br> Shares<br>| 19104 | 449765 |
| BYD Electronic International Co., Ltd. | 43000 | 228474 |
|  |  | **678239** |
| **Electronic Equipment, Instruments & Components: 2.1%** | **Electronic Equipment, Instruments & Components: 2.1%** | **Electronic Equipment, Instruments & Components: 2.1%** |
| Foxconn Industrial Internet Co., Ltd. A Shares | 40000 | 370458 |
| Wingtech Technology Co., Ltd. A Shares<sup>a</sup> <br>| 20000 | 130426 |
|  |  | **500884** |

---

**1**

------

Matthews China Active ETFSeptember 30, 2025

*Schedule of Investments (unaudited) (continued)*

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value** |
| **Technology Hardware, Storage & Peripherals: 0.8%** | **Technology Hardware, Storage & Peripherals: 0.8%** | **Technology Hardware, Storage & Peripherals: 0.8%** |
| Lenovo Group, Ltd. | 140000 | **$207830** |
| **Total Information Technology** |  | **2316762** |
| **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 | 11740 | 223060 |
| China Overseas Property Holdings, Ltd. | 300000 | 194335 |
| Longfor Group Holdings, Ltd.<sup>b,c</sup> <br>| 97500 | 148874 |
| CIFI Holdings Group Co., Ltd.<sup>a</sup> <br>| 3720000 | 116662 |
| China Resources Land, Ltd. | 28000 | 109331 |
| Yuexiu Property Co., Ltd. | 151000 | 101114 |
| China Overseas Grand Oceans Group, Ltd. | 155000 | 49605 |
| Times China Holdings, Ltd.<sup>a</sup> <br>| 1260000 | 31256 |
| **Total Real Estate** |  | **974237** |
| **Health Care: 4.0%** | **Health Care: 4.0%** | **Health Care: 4.0%** |
| **Biotechnology: 1.8%** | **Biotechnology: 1.8%** | **Biotechnology: 1.8%** |
| Innovent Biologics, Inc.<sup>a,b,c</sup> <br>| 35500 | **439849** |
| **Life Sciences Tools & Services: 1.7%** | **Life Sciences Tools & Services: 1.7%** | **Life Sciences Tools & Services: 1.7%** |
| WuXi AppTec Co., Ltd. A Shares | 26800 | **421248** |
| **Pharmaceuticals: 0.4%** | **Pharmaceuticals: 0.4%** | **Pharmaceuticals: 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; China Resources Sanjiu Medical & <br> Pharmaceutical Co., Ltd. A Shares<br>| 23480 | **92538** |
| **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 | 11800 | **20430** |
| **Total Health Care** |  | **974065** |
| **Materials: 3.4%** | **Materials: 3.4%** | **Materials: 3.4%** |
| **Metals & Mining: 3.4%** | **Metals & Mining: 3.4%** | **Metals & Mining: 3.4%** |
| CMOC Group, Ltd. H Shares | 165000 | 332740 |
| CMOC Group, Ltd. A Shares | 146000 | 321604 |
| MMG, Ltd.<sup>a</sup> <br>| 188000 | 163102 |
| **Total Materials** |  | **817446** |
| **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 | 24300 | 414171 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shanxi Xinghuacun Fen Wine Factory Co., Ltd. A <br> Shares<br>| 6300 | 171488 |
| **Total Consumer Staples** |  | **585659** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Energy: 2.0%** | **Energy: 2.0%** | **Energy: 2.0%** |
| **Oil, Gas & Consumable Fuels: 1.2%** | **Oil, Gas & Consumable Fuels: 1.2%** | **Oil, Gas & Consumable Fuels: 1.2%** |
| PetroChina Co., Ltd. H Shares | 316000 | **$287554** |
| **Energy Equipment & Services: 0.8%** | **Energy Equipment & Services: 0.8%** | **Energy Equipment & Services: 0.8%** |
| China Oilfield Services, Ltd. H Shares | 240000 | **206056** |
| **Total Energy** |  | **493610** |
| **TOTAL COMMON EQUITIES** | **TOTAL COMMON EQUITIES** | **24263010** |
| (Cost $20,268,572) |  |  |
| **SHORT-TERM INVESTMENTS: 0.3%** | **SHORT-TERM INVESTMENTS: 0.3%** |  |
| **Money Market Funds: 0.3%** | **Money Market Funds: 0.3%** | **Money Market Funds: 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market <br> Fund, Capital Shares, 4.04%<sup>d</sup> <br>| 74146 | **74146** |
| (Cost $74,146) |  |  |
| **Total Investments: 99.9%** |  | **24337156** |
| (Cost $20,342,718) |  |  |
| **CASH AND OTHER ASSETS,** <br>**LESS LIABILITIES: 0.1%**<br>|  | **29550** |
| **Net Assets: 100.0%** |  | **$24366706** |

---

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

---

| | |
|:---|:---|
| a | Non-income producing security. |
| b | &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 $3,189,969, which is 13.09% of net <br> assets.<br>|
| c | &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>|
| d | Rate shown is the current yield as of September 30, 2025. |
| 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** 

------

## 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 Active ETF

- **b. EDGAR series identifier (if any):** S000076757

- **c. LEI of Series:** 549300QY1VS87PJG5I95

**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:** $24382198.33

**Total Liabilities:** $15491.87

**Net Assets:** $24366706.46

**Cash Not Reported:** $260.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000236792 | 6.16%                | 7.81%                | 8.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $91100.51                | $1069962.10                                |
| Month 2  | $411524.11               | $1292005.47                                |
| Month 3  | $251679.66               | $1667265.98                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BYD Co Ltd                     | BYD Co Ltd                                             | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |     27300 | NS      | $386671.64    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Cambricon Technologies Corp Lt | Cambricon Technologies Corp Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1803 | NS      | $335181.83    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NCI                            | New China Life Insurance Co Ltd                        | CUSIP: 000000000<br>LEI: 300300F2001111000095 | Long             | EC               | CORP              | CN        |     37800 | NS      | $224261.99    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd      | Alibaba Group Holding Ltd                              | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |    112100 | NS      | $2550215.93   | 10.47%            |  |  |  | No            |                  1 | On Loan: No      |
| Longfor Group Holdings Ltd     | Longfor Group Holdings Ltd                             | CUSIP: 000000000<br>LEI: 254900UJX27B2F1JYR13 | Long             | EC               | CORP              | CN        |     97500 | NS      | $148874.09    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings Inc                | KE Holdings Inc                                        | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |     11740 | NS      | $223060.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc                    | NetEase Inc                                            | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |      9900 | NS      | $301310.99    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuaishou Technology            | Kuaishou Technology                                    | CUSIP: 000000000<br>LEI: 300300FCDZBE6UP9ED24 | Long             | EC               | CORP              | CN        |     49500 | NS      | $538237.11    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CATL                           | Contemporary Amperex Technology Co Ltd                 | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     10800 | NS      | $609142.18    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD ELECTRONIC                 | BYD Electronic International Co Ltd                    | CUSIP: 000000000<br>LEI: 5299001O3LAFGRPZ3Y63 | Long             | EC               | CORP              | CN        |     43000 | NS      | $228474.11    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd    | China Merchants Bank Co Ltd                            | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |     79000 | NS      | $474787.93    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Hongfa Technology Co Ltd       | Hongfa Technology Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     58600 | NS      | $216726.44    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Wuliangye Yibin Co Ltd         | Wuliangye Yibin Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     24300 | NS      | $414171.23    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CMOC Group Ltd                 | CMOC Group Ltd                                         | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |    146000 | NS      | $321603.95    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FOCUS MEDIA                    | Focus Media Information Technology Co Ltd              | CUSIP: 000000000<br>LEI: 300300V7WGZW0LZKTD06 | Long             | EC               | CORP              | CN        |    129511 | NS      | $146457.15    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| PetroChina Co Ltd              | PetroChina Co Ltd                                      | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |    316000 | NS      | $287553.34    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| China Tower Corp Ltd           | China Tower Corp Ltd                                   | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |    147000 | NS      | $216898.87    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co Ltd             | Midea Group Co Ltd                                     | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |     26000 | NS      | $265055.98    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                      | Baidu Inc                                              | CUSIP: 000000000<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | CN        |     11650 | NS      | $199447.33    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| WuXi AppTec Co Ltd             | WuXi AppTec Co Ltd                                     | CUSIP: 000000000<br>LEI: 254900OEPQLZSPLN9175 | Long             | EC               | CORP              | CN        |     26800 | NS      | $421248.14    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Man Wah Holdings Ltd           | Man Wah Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 52990005BW6K71UPKX41 | Long             | EC               | CORP              | HK        |    504000 | NS      | $279193.87    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Ltd                    | Kanzhun Ltd                                            | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |      9704 | NS      | $226685.44    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CIFI Holdings Group Co Ltd     | CIFI Holdings Group Co Ltd                             | CUSIP: 000000000<br>LEI: 549300WGKSV867C0JF48 | Long             | EC               | CORP              | CN        |   3720000 | NS      | $116662.38    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc               | PDD Holdings Inc                                       | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |      5502 | NS      | $727199.34    | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp   | China Construction Bank Corp                           | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |    883000 | NS      | $848907.51    | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| DiDi Global Inc                | DiDi Global Inc                                        | CUSIP: 23292E108<br>LEI: 8368006Y2DHY77ADSY31 | Long             | EC               | CORP              | CN        |    106286 | NS      | $661098.92    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| NAURA Technology Group Co Ltd  | NAURA Technology Group Co Ltd                          | CUSIP: 000000000<br>LEI: 300300JI5I0B95GO5C39 | Long             | EC               | CORP              | CN        |      1272 | NS      | $80730.97     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd           | Tencent Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |     28900 | NS      | $2462688.29   | 10.11%            |  |  |  | No            |                  1 | On Loan: No      |
| CMOC Group Ltd                 | CMOC Group Ltd                                         | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |    165000 | NS      | $332739.96    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingtech Technology Co Ltd     | Wingtech Technology Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     20000 | NS      | $130426.24    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MMG Ltd                        | MMG Ltd                                                | CUSIP: 000000000<br>LEI: 529900XB5IQXFMSWEC48 | Long             | EC               | CORP              | AU        |    188000 | NS      | $163102.15    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| East Money Information Co Ltd  | East Money Information Co Ltd                          | CUSIP: 000000000<br>LEI: 836800ZFB0ZEK3KKW487 | Long             | EC               | CORP              | CN        |     77340 | NS      | $294281.34    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Xinyi Solar Holdings Ltd       | Xinyi Solar Holdings Ltd                               | CUSIP: 000000000<br>LEI: 529900QF7VIH03SB7Q08 | Long             | EC               | CORP              | CN        |    342000 | NS      | $151210.73    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniVision Integrated Circuits | OmniVision Integrated Circuits Group Inc               | CUSIP: 000000000<br>LEI: 8368000MFHXX01GPND38 | Long             | EC               | CORP              | CN        |     17100 | NS      | $362685.83    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA OVS PPT                  | China Overseas Property Holdings Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    300000 | NS      | $194334.48    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| TFC                            | Suzhou TFC Optical Communication Co Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     19104 | NS      | $449764.46    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Land Ltd       | China Resources Land Ltd                               | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | HK        |     28000 | NS      | $109331.14    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuexiu Property Co Ltd         | Yuexiu Property Co Ltd                                 | CUSIP: 000000000<br>LEI: 529900GASK6R1FD08W10 | Long             | EC               | CORP              | HK        |    151000 | NS      | $101114.34    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd             | Trip.com Group Ltd                                     | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | SG        |      3147 | NS      | $236654.40    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| PING AN                        | Ping An Insurance Group Co of China Ltd                | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    119500 | NS      | $814800.65    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FLUSH INFO                     | Hithink RoyalFlush Information Network Co Ltd          | CUSIP: 000000000<br>LEI: 300300TIQA4R0NPLQE78 | Long             | EC               | CORP              | CN        |      2700 | NS      | $140833.82    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Foxconn Industrial Internet Co | Foxconn Industrial Internet Co Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     40000 | NS      | $370457.67    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Lenovo Group Ltd               | Lenovo Group Ltd                                       | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | CN        |    140000 | NS      | $207829.93    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Yutong Bus Co Ltd              | Yutong Bus Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300OMPRVW0Q75F037 | Long             | EC               | CORP              | CN        |     48300 | NS      | $184393.05    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Qfin Holdings Inc              | Qfin Holdings Inc                                      | CUSIP: 88557W101<br>LEI: 836800R59NKEPDR6I240 | Long             | EC               | CORP              | CN        |      6088 | NS      | $175212.64    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Times China Holdings Ltd       | Times China Holdings Ltd                               | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | EC               | CORP              | CN        |   1260000 | NS      | $31255.46     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CICC                           | China International Capital Corp Ltd                   | CUSIP: 000000000<br>LEI: 529900OS3SVVTT56QN67 | Long             | EC               | CORP              | CN        |    177600 | NS      | $488489.02    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovent Biologics Inc         | Innovent Biologics Inc                                 | CUSIP: 000000000<br>LEI: 25490058ONL9SCIE1R22 | Long             | EC               | CORP              | CN        |     35500 | NS      | $439848.85    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Sungrow Power Supply Co Ltd    | Sungrow Power Supply Co Ltd                            | CUSIP: 000000000<br>LEI: 30030052IWC7RGVFG505 | Long             | EC               | CORP              | CN        |     14900 | NS      | $338623.06    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CR SANJIU                      | China Resources Sanjiu Medical & Pharmaceutical Co Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     23480 | NS      | $92537.70     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CH OVS G OCEANS                | China Overseas Grand Oceans Group Ltd                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    155000 | NS      | $49605.42     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                        | Meituan                                                | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |     37010 | NS      | $497088.20    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanxi Fen Wine                | Shanxi Xinghuacun Fen Wine Factory Co Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6300 | NS      | $171487.92    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd    | China Merchants Bank Co Ltd                            | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |     74500 | NS      | $422390.35    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Neway Valve Suzhou Co Ltd      | Neway Valve Suzhou Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     30000 | NS      | $188610.15    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| JD Logistics Inc               | JD Logistics Inc                                       | CUSIP: 000000000<br>LEI: 655600LWTFVMV3E2A890 | Long             | EC               | CORP              | CN        |    115900 | NS      | $195142.92    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Luckin Coffee Inc              | Luckin Coffee Inc                                      | CUSIP: 54951L109<br>LEI: 549300FO16ASCVSMYI15 | Long             | EC               | CORP              | CN        |      1653 | NS      | $62830.53     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Music Entertainment Gr | Tencent Music Entertainment Group                      | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CN        |      3723 | NS      | $86894.82     | 0.36%             |  |  |  | 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        |     11800 | NS      | $20429.89     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                     | JD.com Inc                                             | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |     47250 | NS      | $841103.93    | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Maoyan Entertainment           | Maoyan Entertainment                                   | CUSIP: 000000000<br>LEI: 254900DBFLAM1EAPV891 | Long             | EC               | CORP              | CN        |    101800 | NS      | $104411.60    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN US GOVT CAPITAL      | JP MORGAN US GOVT CAPITAL                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74146 | NS      | $74145.96     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Entertainment Group Ltd | Galaxy Entertainment Group Ltd                         | CUSIP: 000000000<br>LEI: 549300ZSEBV3HR826S10 | Long             | EC               | CORP              | HK        |     66000 | NS      | $363744.79    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CMSC                           | China Merchants Securities Co Ltd                      | CUSIP: 000000000<br>LEI: 30030060IEIMX476KH87 | Long             | EC               | CORP              | CN        |    252000 | NS      | $560978.87    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hisense HA                     | Hisense Home Appliances Group Co Ltd                   | CUSIP: 000000000<br>LEI: 529900PRGESPUBUBN103 | Long             | EC               | CORP              | CN        |     60000 | NS      | $187239.73    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| China Oilfield Services Ltd    | China Oilfield Services Ltd                            | CUSIP: 000000000<br>LEI: 529900J4X53VL8QQW675 | Long             | EC               | CORP              | CN        |    240000 | NS      | $206056.24    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Xuji Electric Co Ltd           | Xuji Electric Co Ltd                                   | CUSIP: 000000000<br>LEI: 3003000OT9G77QBDC838 | Long             | EC               | CORP              | CN        |     34400 | NS      | $128045.57    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| China Life Insurance Co Ltd    | China Life Insurance Co Ltd                            | CUSIP: 000000000<br>LEI: 549300J6TFLDXGH6S048 | Long             | EC               | CORP              | CN        |     72000 | NS      | $204513.91    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| HKEX                           | Hong Kong Exchanges & Clearing Ltd                     | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |      4400 | NS      | $249961.44    | 1.03%             |  |  |  | No            |                  1 | 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