Chinese Equity Holdings as of June 30, 2021

Communication Services Market End Wt. (%) Health Care Market End Wt. (%) Mainland Mainland Baidu (Internet products and services) 2.1 WuXi AppTec (Biopharma manufacturer) 4.8 China China Mainland Mainland NetEase (Gaming and internet services) 2.3 WuXi Biologics (Biopharma manufacturer) 5.5 China China Mainland (Internet and IT services) 6.7 Industrials China Consumer Discretionary AirTAC (Pneumatic-equipment manufacturer) Taiwan 3.7 Mainland Mainland Services (Residential property mgr.) 2.2 Alibaba (E-commerce retailer) 10.8 China China Mainland Mainland Haitian International (Injection-molding machines mfr.) 2.1 China Tourism Group Duty Free (Duty free services) 4.4 China China Mainland Mainland Inovance (Industrial controls manufacturer) 1.8 Appliances (Air-conditioner mfr.) 1.8 China China Mainland Mainland Meyer (Optical sorting machine manufacturer) 1.6 JD.com (E-commerce retailer) 2.4 China China Mainland Mainland SF Holding (Delivery services) 2.4 (Consumer appliances manufacturer) 2.1 China China Mainland Mainland Shanghai International Airport (Airport operator) 1.1 New Oriental (Private education services) 0.9 China China Mainland Techtronic Industries (Power tool manufacturer) Hong Kong 3.4 Shenzhou International (Textile manufacturer) 2.6 China Mainland Sanhua (Refrigeration & HVAC parts manufacturer) 1.6 Mainland China Suofeiya (Home-furnishings retailer) 1.5 China Information Technology Mainland Trip.com Group (Online travel services) 1.3 Mainland China Sangfor (IT security services ) 1.3 China Consumer Staples Silergy (Electronics chips manufacturer) Taiwan 2.8 Mainland Foshan Haitian (Condiments manufacturer) 1.4 Mainland China Sunny Optical (Optical component manufacturer) 3.5 China Mainland (Alcoholic beverages manufacturer) 3.0 Mainland China TravelSky (Aviation IT services) 2.4 China Mainland Yili (Dairy products manufacturer) 1.2 Mainland China Yonyou (Enterprise software developer) 1.2 China Energy Materials No Holdings No Holdings Financials Real Estate AIA Group (Insurance provider) Hong Kong 3.0 No Holdings Mainland (Insurance provider) 0.8 China Utilities Mainland Health Care ENN Energy (Gas pipeline operator) 1.6 China Mainland CSPC Pharmaceutical Group (Pharma manufacturer) 2.5 China Cash 1.5 Mainland Jiangsu Hengrui Medicine (Pharma manufacturer) 1.7 China Mainland Tigermed (Clinical development services) 3.0 China

Model Portfolio holdings are supplemental information only and complement the fully compliant Chinese Equity Composite GIPS Presentation. The portfolio is actively managed therefore holdings shown may not be current. Portfolio holdings should not be considered recommendations to buy or sell any security. It should not be assumed that investment in the security identified has been or will be profitable. To request a complete list of portfolio holdings for the past year contact Harding Loevner.