# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009723
**Filing Date:** 2025-11
**Character Count:** 36402
**Document Hash:** 422e7fc6bedd30e0e080060444e1bdbd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009723.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009723

**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:** 251513035

**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 SMALL COMPANIES FUND (Series ID: S000032816)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000101279 | Investor Class Shares      | MCSMX           |
| C000195803 | Institutional Class Shares | MICHX           |

## Nport-Ex

Matthews China Small Companies FundSeptember 30, 2025

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

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

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 97.9%** | **COMMON EQUITIES: 97.9%** | |
|  | **Shares** | <br>**Value** |
| **Consumer Discretionary: 25.3%** | **Consumer Discretionary: 25.3%** | **Consumer Discretionary: 25.3%** |
| **Hotels, Restaurants & Leisure: 9.5%** | **Hotels, Restaurants & Leisure: 9.5%** | **Hotels, Restaurants & Leisure: 9.5%** |
| Atour Lifestyle Holdings, Ltd. ADR | 70926 | $2666108 |
| Tongcheng Travel Holdings, Ltd.<sup>b</sup> <br>| 771200 | 2278181 |
| DPC Dash, Ltd.<sup>c</sup> <br>| 145300 | 1619558 |
| Chagee Holdings, Ltd. ADR<sup>c</sup> <br>| 18961 | 313805 |
|  |  | **6877652** |
| **Automobile Components: 8.6%** | **Automobile Components: 8.6%** | **Automobile Components: 8.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Zhejiang Shuanghuan Driveline Co., Ltd. A <br> Shares<br>| 369803 | 2596391 |
| Minth Group, Ltd. | 544000 | 2355629 |
| CALB Group Co., Ltd.<sup>b,c,d</sup> <br>| 290900 | 1325544 |
|  |  | **6277564** |
| **Textiles, Apparel & Luxury Goods: 3.5%** | **Textiles, Apparel & Luxury Goods: 3.5%** | **Textiles, Apparel & Luxury Goods: 3.5%** |
| Crystal International Group, Ltd.<sup>b,d</sup> <br>| 1666000 | 1447981 |
| Xtep International Holdings, Ltd. | 954000 | 715752 |
| Samsonite Group SA<sup>b,d</sup> <br>| 186300 | 399272 |
|  |  | **2563005** |
| **Household Durables: 2.2%** | **Household Durables: 2.2%** | **Household Durables: 2.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Hisense Home Appliances Group Co., Ltd. H <br> Shares<br>| 287000 | 896832 |
| Jason Furniture Hangzhou Co., Ltd. A Shares | 171200 | 726138 |
|  |  | **1622970** |
| **Leisure Products: 0.9%** | **Leisure Products: 0.9%** | **Leisure Products: 0.9%** |
| Dream International, Ltd. | 396000 | **639489** |
| **Specialty Retail: 0.6%** | **Specialty Retail: 0.6%** | **Specialty Retail: 0.6%** |
| Eternal Beauty Holdings, Ltd.<sup>c</sup> <br>| 1688000 | **433805** |
| **Total Consumer Discretionary** |  | **18414485** |
| **Information Technology: 19.4%** | **Information Technology: 19.4%** | **Information Technology: 19.4%** |
| **Electronic Equipment, Instruments & Components: 9.5%** | **Electronic Equipment, Instruments & Components: 9.5%** | **Electronic Equipment, Instruments & Components: 9.5%** |
| FIT Hon Teng, Ltd.<sup>b,c,d</sup> <br>| 2037000 | 1669521 |
| Wasion Holdings, Ltd. | 1004000 | 1635929 |
| Xiamen Faratronic Co., Ltd. A Shares | 85200 | 1514008 |
| Kingboard Laminates Holdings, Ltd. | 845500 | 1338305 |
| Karrie International Holdings, Ltd. | 1344000 | 416487 |
| Elite Material Co., Ltd. | 9000 | 364241 |
|  |  | **6938491** |
| **Semiconductors & Semiconductor Equipment: 5.1%** | **Semiconductors & Semiconductor Equipment: 5.1%** | **Semiconductors & Semiconductor Equipment: 5.1%** |
| ACM Research, Inc. Class A<sup>c</sup> <br>| 71428 | 2794978 |
| &nbsp;&nbsp;&nbsp;&nbsp; Jiangsu Leadmicro Nano Technology Co., Ltd. A <br> Shares<br>| 109201 | 900741 |
|  |  | **3695719** |
| **Software: 3.3%** | **Software: 3.3%** | **Software: 3.3%** |
| Kingdee International Software Group Co., Ltd.<sup>c</sup> <br>| 469000 | 1051722 |
| ZWSOFT Co., Ltd. Guangzhou A Shares | 67824 | 724513 |
| Tuya, Inc. ADR | 236209 | 583436 |
|  |  | **2359671** |
| **IT Services: 1.5%** | **IT Services: 1.5%** | **IT Services: 1.5%** |
| SUNeVision Holdings, Ltd. | 1231000 | **1086227** |
| **Total Information Technology** |  | **14080108** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials: 17.5%** | **Industrials: 17.5%** | **Industrials: 17.5%** |
| **Electrical Equipment: 7.5%** | **Electrical Equipment: 7.5%** | **Electrical Equipment: 7.5%** |
| Hongfa Technology Co., Ltd. A Shares | 797519 | $2954576 |
| Shenzhen Megmeet Electrical Co., Ltd. A Shares | 92400 | 1008079 |
| Xuji Electric Co., Ltd. A Shares | 214300 | 798995 |
| Kehua Data Co., Ltd. A Shares | 71500 | 721078 |
|  |  | **5482728** |
| **Marine Transportation: 2.4%** | **Marine Transportation: 2.4%** | **Marine Transportation: 2.4%** |
| SITC International Holdings Co., Ltd. | 450500 | **1734396** |
| **Commercial Services & Supplies: 1.9%** | **Commercial Services & Supplies: 1.9%** | **Commercial Services & Supplies: 1.9%** |
| China Everbright Environment Group, Ltd. | 2480000 | **1415090** |
| **Ground Transportation: 1.9%** | **Ground Transportation: 1.9%** | **Ground Transportation: 1.9%** |
| Full Truck Alliance Co., Ltd. ADR | 104515 | **1355559** |
| **Machinery: 1.8%** | **Machinery: 1.8%** | **Machinery: 1.8%** |
| China Yuchai International, Ltd. | 19681 | 814203 |
| Precision Tsugami China Corp., Ltd.<sup>b</sup> <br>| 115000 | 474490 |
|  |  | **1288693** |
| **Professional Services: 1.4%** | **Professional Services: 1.4%** | **Professional Services: 1.4%** |
| Kanzhun, Ltd. ADR<sup>c</sup> <br>| 44196 | **1032419** |
| **Construction & Engineering: 0.6%** | **Construction & Engineering: 0.6%** | **Construction & Engineering: 0.6%** |
| Sinopec Engineering Group Co., Ltd. H Shares | 524000 | **454825** |
| **Total Industrials** |  | **12763710** |
| **Health Care: 8.1%** | **Health Care: 8.1%** | **Health Care: 8.1%** |
| **Pharmaceuticals: 2.9%** | **Pharmaceuticals: 2.9%** | **Pharmaceuticals: 2.9%** |
| HUTCHMED China, Ltd.<sup>c</sup> <br>| 416500 | 1346270 |
| Grand Pharmaceutical Group, Ltd. | 670500 | 734061 |
|  |  | **2080331** |
| **Health Care Equipment & Supplies: 2.7%** | **Health Care Equipment & Supplies: 2.7%** | **Health Care Equipment & Supplies: 2.7%** |
| Shanghai Conant Optical Co., Ltd. H Shares | 135700 | 722878 |
| AK Medical Holdings, Ltd.<sup>b,d</sup> <br>| 902000 | 639038 |
| Microport Scientific Corp.<sup>c</sup> <br>| 353800 | 626972 |
|  |  | **1988888** |
| **Biotechnology: 1.9%** | **Biotechnology: 1.9%** | **Biotechnology: 1.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Sichuan Kelun-Biotech Biopharmaceutical Co., <br> Ltd.<sup>c</sup> <br>| 11200 | 739509 |
| Legend Biotech Corp. ADR<sup>c</sup> <br>| 18449 | 601622 |
|  |  | **1341131** |
| **Health Care Technology: 0.6%** | **Health Care Technology: 0.6%** | **Health Care Technology: 0.6%** |
| Medlive Technology Co., Ltd.<sup>b,d</sup> <br>| 267500 | **448615** |
| **Total Health Care** |  | **5858965** |
| **Communication Services: 6.7%** | **Communication Services: 6.7%** | **Communication Services: 6.7%** |
| **Entertainment: 5.8%** | **Entertainment: 5.8%** | **Entertainment: 5.8%** |
| NetEase Cloud Music, Inc.<sup>b,c,d</sup> <br>| 86200 | 2868986 |
| Damai Entertainment Holdings, Ltd.<sup>c</sup> <br>| 9890000 | 1357943 |
|  |  | **4226929** |

---

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

------

Matthews China Small Companies FundSeptember 30, 2025

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

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value** |
| **Interactive Media & Services: 0.9%** | **Interactive Media & Services: 0.9%** | **Interactive Media & Services: 0.9%** |
| Meitu, Inc.<sup>b,d</sup> <br>| 559000 | **$664894** |
| **Total Communication Services** |  | **4891823** |
| **Materials: 6.5%** | **Materials: 6.5%** | **Materials: 6.5%** |
| **Chemicals: 3.3%** | **Chemicals: 3.3%** | **Chemicals: 3.3%** |
| Sunresin New Materials Co., Ltd. A Shares | 189800 | 1540881 |
| Dongyue Group, Ltd. | 379000 | 591605 |
| Anhui Jinhe Industrial Co., Ltd. A Shares | 89100 | 260862 |
|  |  | **2393348** |
| **Metals & Mining: 3.2%** | **Metals & Mining: 3.2%** | **Metals & Mining: 3.2%** |
| China Gold International Resources Corp., Ltd. | 83800 | 1492666 |
| MMG, Ltd.<sup>c</sup> <br>| 983200 | 851554 |
|  |  | **2344220** |
| **Total Materials** |  | **4737568** |
| **Consumer Staples: 4.7%** | **Consumer Staples: 4.7%** | **Consumer Staples: 4.7%** |
| **Beverages: 2.0%** | **Beverages: 2.0%** | **Beverages: 2.0%** |
| Anhui Yingjia Distillery Co., Ltd. A Shares | 126800 | 733364 |
| Beijing Yanjing Brewery Co., Ltd. A Shares | 428100 | 729615 |
|  |  | **1462979** |
| **Personal Care Products: 1.4%** | **Personal Care Products: 1.4%** | **Personal Care Products: 1.4%** |
| Giant Biogene Holding Co., Ltd.<sup>b,d</sup> <br>| 138400 | **1003540** |
| **Consumer Staples Distribution & Retail: 0.8%** | **Consumer Staples Distribution & Retail: 0.8%** | **Consumer Staples Distribution & Retail: 0.8%** |
| Yifeng Pharmacy Chain Co., Ltd. A Shares | 159600 | **552688** |
| **Food Products: 0.5%** | **Food Products: 0.5%** | **Food Products: 0.5%** |
| Anjoy Foods Group Co., Ltd. H Shares | 49900 | **389866** |
| **Total Consumer Staples** |  | **3409073** |
| **Real Estate: 3.9%** | **Real Estate: 3.9%** | **Real Estate: 3.9%** |
| **Real Estate Management & Development: 3.9%** | **Real Estate Management & Development: 3.9%** | **Real Estate Management & Development: 3.9%** |
| China Overseas Property Holdings, Ltd. | 1795000 | 1162655 |
| Greentown China Holdings, Ltd. | 792500 | 964531 |
| Yuexiu Property Co., Ltd. | 1099000 | 735152 |
| **Total Real Estate** |  | **2862338** |
| **Energy: 3.9%** | **Energy: 3.9%** | **Energy: 3.9%** |
| **Energy Equipment & Services: 3.9%** | **Energy Equipment & Services: 3.9%** | **Energy Equipment & Services: 3.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Yantai Jereh Oilfield Services Group Co., Ltd. A <br> Shares<br>| 361300 | **2827515** |
| **Total Energy** |  | **2827515** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials: 1.0%** | **Financials: 1.0%** | **Financials: 1.0%** |
| **Financial Services: 1.0%** | **Financial Services: 1.0%** | **Financial Services: 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; China Development Bank Financial Leasing Co., <br> Ltd. H Shares<sup>b,d</sup> <br>| 3142000 | **$718396** |
| **Total Financials** |  | **718396** |
| **Utilities: 0.9%** | **Utilities: 0.9%** | **Utilities: 0.9%** |
| **Gas Utilities: 0.9%** | **Gas Utilities: 0.9%** | **Gas Utilities: 0.9%** |
| ENN Natural Gas Co., Ltd. A Shares | 267442 | **674594** |
| **Total Utilities** |  | **674594** |
| **Total Investments: 97.9%** |  | **71238575** |
| (Cost $55,877,088) |  |  |
| **CASH AND OTHER ASSETS,** <br>**LESS LIABILITIES: 2.1%**<br>|  | **1504957** |
| **Net Assets: 100.0%** |  | **$72743532** |

---

&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 | &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>|
| c | Non-income producing security. |
| d | &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 $11,185,787, which is 15.38% of net <br> assets.<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 Small Companies Fund

- **b. EDGAR series identifier (if any):** S000032816

- **c. LEI of Series:** 549300X2DPZUR8DVLF66

**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:** $72954033.32

**Total Liabilities:** $197723.81

**Net Assets:** $72756309.51

**Cash Not Reported:** $1199138.29

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000195803 | 6.90%                | 9.92%                | 3.49%                |
| Class ID C000101279 | 7.00%                | 9.81%                | 3.49%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $222015.70               | $4037820.73                                |
| Month 2  | $721843.11               | $5697789.40                                |
| Month 3  | $2766359.79              | $-440420.23                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JEREH GROUP                    | Yantai Jereh Oilfield Services Group Co Ltd     | CUSIP: 000000000<br>LEI: 300300QPHWK638H2EU20 | Long             | EC               | CORP              | CN        |    361300 | NS      | $2827515.25   | 3.89%             |  |  |  | No            |                  2 | On Loan: No      |
| MEGMEET                        | Shenzhen Megmeet Electrical Co Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     92400 | NS      | $1008079.03   | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Wasion Holdings Ltd            | Wasion Holdings Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1004000 | NS      | $1635929.30   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Yifeng Pharmacy Chain Co Ltd   | Yifeng Pharmacy Chain Co Ltd                    | CUSIP: 000000000<br>LEI: 300300CZZIF44N1EZO06 | Long             | EC               | CORP              | CN        |    159600 | NS      | $552687.58    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Tongcheng Travel Holdings Ltd  | Tongcheng Travel Holdings Ltd                   | CUSIP: 000000000<br>LEI: 2549004WGGNOPL8NUL61 | Long             | EC               | CORP              | CN        |    771200 | NS      | $2278180.76   | 3.13%             |  |  |  | No            |                  2 | On Loan: No      |
| DAMAI ENT                      | Damai Entertainment Holdings Ltd                | CUSIP: 000000000<br>LEI: 213800DWTSI7ACSGHN32 | Long             | EC               | CORP              | HK        |   9890000 | NS      | $1357943.09   | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Medlive Technology Co Ltd      | Medlive Technology Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    267500 | NS      | $448614.58    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| KARRIE INT'L                   | Karrie International Holdings Ltd               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1344000 | NS      | $416486.89    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Grand Pharmaceutical Group Ltd | Grand Pharmaceutical Group Ltd                  | CUSIP: 000000000<br>LEI: 8945001XW4FS15S8Z778 | Long             | EC               | CORP              | HK        |    670500 | NS      | $734061.09    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| China Yuchai International Ltd | China Yuchai International Ltd                  | CUSIP: 000000000<br>LEI: 529900DHISUGAY2ARU76 | Long             | EC               | CORP              | SG        |     19681 | NS      | $814202.97    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kehua Data Co Ltd              | Kehua Data Co Ltd                               | CUSIP: 000000000<br>LEI: 300300EJSDJOVUU30D37 | Long             | EC               | CORP              | CN        |     71500 | NS      | $721078.23    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Legend Biotech Corp            | Legend Biotech Corp                             | CUSIP: 52490G102<br>LEI: 254900EIUFZTW136H859 | Long             | EC               | CORP              | US        |     18449 | NS      | $601621.89    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| SITC International Holdings Co | SITC International Holdings Co Ltd              | CUSIP: 000000000<br>LEI: 529900JUV4MOM9CE3V12 | Long             | EC               | CORP              | HK        |    450500 | NS      | $1734395.62   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA OVS PPT                  | China Overseas Property Holdings Ltd            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1795000 | NS      | $1162654.71   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| ENN Natural Gas Co Ltd         | ENN Natural Gas Co Ltd                          | CUSIP: 000000000<br>LEI: 300300KVDMGNQNP52Z98 | Long             | EC               | CORP              | CN        |    267442 | NS      | $674593.99    | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Meitu Inc                      | Meitu Inc                                       | CUSIP: 000000000<br>LEI: 529900P2POH56W116T02 | Long             | EC               | CORP              | CN        |    559000 | NS      | $664894.33    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| AK Medical Holdings Ltd        | AK Medical Holdings Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    902000 | NS      | $639037.38    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Yanjing Brewery Co Ltd | Beijing Yanjing Brewery Co Ltd                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    428100 | NS      | $729615.27    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Full Truck Alliance Co Ltd     | Full Truck Alliance Co Ltd                      | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | CN        |    104515 | NS      | $1355559.55   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Atour Lifestyle Holdings Ltd   | Atour Lifestyle Holdings Ltd                    | CUSIP: 04965M106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     70926 | NS      | $2666108.34   | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ZWSOFT Co Ltd Guangzhou        | ZWSOFT Co Ltd Guangzhou                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     67824 | NS      | $724513.10    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanzhun Ltd                    | Kanzhun Ltd                                     | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |     44196 | NS      | $1032418.56   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| JASON FURNITURE HANGZHOU CO LT | Jason Furniture Hangzhou Co Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    171200 | NS      | $726137.69    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINAGOLDINTL                  | China Gold International Resources Corp Ltd     | CUSIP: 16890P103<br>LEI: 529900936ZPAXB0LZD87 | Long             | EC               | CORP              | CA        |     83800 | NS      | $1492666.37   | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| DPC Dash Ltd                   | DPC Dash Ltd                                    | CUSIP: 000000000<br>LEI: 254900OG7TEI5GQICO05 | Long             | EC               | CORP              | CN        |    145300 | NS      | $1619558.19   | 2.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Elite Material Co Ltd          | Elite Material Co Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $364241.07    | 0.50%             |  |  |  | No            |                  3 | On Loan: No      |
| KB LAMINATES                   | Kingboard Laminates Holdings Ltd                | CUSIP: 000000000<br>LEI: 529900B76JV9QCZINB33 | Long             | EC               | CORP              | HK        |    845500 | NS      | $1338305.26   | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Sichuan Kelun-Biotech Biopharm | Sichuan Kelun-Biotech Biopharmaceutical Co Ltd  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11200 | NS      | $739509.50    | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsonite Group SA             | Samsonite Group SA                              | CUSIP: 000000000<br>LEI: 549300UULS5HYFJSEL12 | Long             | EC               | CORP              | US        |    186300 | NS      | $399272.07    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Anhui Yingjia                  | Anhui Yingjia Distillery Co Ltd                 | CUSIP: 000000000<br>LEI: 3003001NVFR21G6ZPB16 | Long             | EC               | CORP              | CN        |    126800 | NS      | $733363.96    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Leadmicro Nano Technol | Jiangsu Leadmicro Nano Technology Co Ltd        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    109201 | NS      | $900740.77    | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Anhui Jinhe Industrial Co Ltd  | Anhui Jinhe Industrial Co Ltd                   | CUSIP: 000000000<br>LEI: 300300G82LSX44M9RH41 | Long             | EC               | CORP              | CN        |     89100 | NS      | $260861.95    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanghai Conant Optical Co Ltd | Shanghai Conant Optical Co Ltd                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    135700 | NS      | $722878.14    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| MMG Ltd                        | MMG Ltd                                         | CUSIP: 000000000<br>LEI: 529900XB5IQXFMSWEC48 | Long             | EC               | CORP              | AU        |    983200 | NS      | $851553.58    | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| FIT Hon Teng Ltd               | FIT Hon Teng Ltd                                | CUSIP: 000000000<br>LEI: 3003001IDFNIKMGLFJ67 | Long             | EC               | CORP              | TW        |   2037000 | NS      | $1669520.69   | 2.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Precision Tsugami China Corp L | Precision Tsugami China Corp Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    115000 | NS      | $474490.14    | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| SINOPEC SEG                    | Sinopec Engineering Group Co Ltd                | CUSIP: 000000000<br>LEI: 529900MZVFFC7D57VV51 | Long             | EC               | CORP              | CN        |    524000 | NS      | $454825.02    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Crystal International Group Lt | Crystal International Group Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1666000 | NS      | $1447980.38   | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Dongyue Group Ltd              | Dongyue Group Ltd                               | CUSIP: 000000000<br>LEI: 529900EJNEZTJBHCHW95 | Long             | EC               | CORP              | CN        |    379000 | NS      | $591604.98    | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| KINGDEE INT'L                  | Kingdee International Software Group Co Ltd     | CUSIP: 000000000<br>LEI: 529900SWRZN94C5SZO63 | Long             | EC               | CORP              | CN        |    469000 | NS      | $1051721.78   | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiamen Faratronic Co Ltd       | Xiamen Faratronic Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     85200 | NS      | $1514008.05   | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNeVision Holdings Ltd        | SUNeVision Holdings Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1231000 | NS      | $1086227.33   | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Anjoy Foods Group Co Ltd       | Anjoy Foods Group Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     49900 | NS      | $389866.29    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| HUTCHMED China Ltd             | HUTCHMED China Ltd                              | CUSIP: 000000000<br>LEI: 2138006X34YDQ6OBYE79 | Long             | EC               | CORP              | HK        |    416500 | NS      | $1346269.97   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Tuya Inc                       | Tuya Inc                                        | CUSIP: 90114C107<br>LEI: 254900XKWS2MIZHXCO08 | Long             | EC               | CORP              | CN        |    236209 | NS      | $583436.23    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Xuji Electric Co Ltd           | Xuji Electric Co Ltd                            | CUSIP: 000000000<br>LEI: 3003000OT9G77QBDC838 | Long             | EC               | CORP              | CN        |    214300 | NS      | $798994.99    | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| ACM Research Inc               | ACM Research Inc                                | CUSIP: 00108J109<br>LEI: 549300MCTENUWL2GJL61 | Long             | EC               | CORP              | US        |     71428 | NS      | $2794977.64   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SHUANGHUAN DR.                 | Zhejiang Shuanghuan Driveline Co Ltd            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    369803 | NS      | $2596391.20   | 3.57%             |  |  |  | No            |                  2 | On Loan: No      |
| CDB LEASING                    | China Development Bank Financial Leasing Co Ltd | CUSIP: 000000000<br>LEI: 3003001Y2JXAVQAIZ618 | Long             | EC               | CORP              | CN        |   3142000 | NS      | $718396.55    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Xtep International Holdings Lt | Xtep International Holdings Ltd                 | CUSIP: 000000000<br>LEI: 529900ZZZZBTOKZQI549 | Long             | EC               | CORP              | CN        |    954000 | NS      | $715752.23    | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Cloud Music Inc        | NetEase Cloud Music Inc                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |     86200 | NS      | $2868985.75   | 3.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Giant Biogene Holding Co ltd   | Giant Biogene Holding Co ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    138400 | NS      | $1003539.46   | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Hongfa Technology Co Ltd       | Hongfa Technology Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    797519 | NS      | $2954575.65   | 4.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuexiu Property Co Ltd         | Yuexiu Property Co Ltd                          | CUSIP: 000000000<br>LEI: 529900GASK6R1FD08W10 | Long             | EC               | CORP              | HK        |   1099000 | NS      | $735151.98    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Eternal Beauty Holdings Ltd    | Eternal Beauty Holdings Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1688000 | NS      | $433805.34    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Minth Group Ltd                | Minth Group Ltd                                 | CUSIP: 000000000<br>LEI: 254900B2AH0G13K9G204 | Long             | EC               | CORP              | TW        |    544000 | NS      | $2355629.44   | 3.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Chagee Holdings Ltd            | Chagee Holdings Ltd                             | CUSIP: 15743P104<br>LEI: 984500EBA7IRCB66FD03 | Long             | EC               | CORP              | CN        |     18961 | NS      | $313804.55    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CALB Group Co Ltd              | CALB Group Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    290900 | NS      | $1325543.60   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Dream International Ltd        | Dream International Ltd                         | CUSIP: 000000000<br>LEI: 984500F7E5EE7MCF8192 | Long             | EC               | CORP              | HK        |    396000 | NS      | $639489.15    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Greentown China Holdings Ltd   | Greentown China Holdings Ltd                    | CUSIP: 000000000<br>LEI: 529900BLBC6YDNWS8530 | Long             | EC               | CORP              | CN        |    792500 | NS      | $964531.14    | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Microport Scientific Corp      | Microport Scientific Corp                       | CUSIP: 000000000<br>LEI: 5299009MK4VZID944A20 | Long             | EC               | CORP              | CN        |    353800 | NS      | $626972.04    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunresin New Materials Co Ltd  | Sunresin New Materials Co Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    189800 | NS      | $1540880.71   | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Hisense HA                     | Hisense Home Appliances Group Co Ltd            | CUSIP: 000000000<br>LEI: 529900PRGESPUBUBN103 | Long             | EC               | CORP              | CN        |    287000 | NS      | $896832.45    | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA EB INT'L                 | China Everbright Environment Group Ltd          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   2480000 | NS      | $1415090.02   | 1.94%             |  |  |  | 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