"KARS Holdings","As of 2025-09-15","Holdings Are Subject To Change" Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)" 1,"CONTEMPORARY A-A",4.85,300750,CNE100003662,"77,020","3,837,207" 2,"TESLA INC",4.72,TSLA,US88160R1014,"9,101","3,731,774" 3,"XIAOMI CORP-CLASS B",3.90,1810,KYG9830T1067,"427,200","3,086,717" 4,"LI AUTO INC-CLASS A",3.85,2015,KYG5479M1050,"242,500","3,041,363" 5,"PANASONIC HOLDINGS CORP",3.82,6752,JP3866800000,"285,400","3,017,100" 6,"BYD CO LTD -A",3.80,002594,CNE100001526,"196,900","3,006,255" 7,"XPENG INC-A SHRS",3.78,9868,KYG982AW1003,"281,000","2,987,728" 8,"GEELY AUTOMOBILE",3.34,175,KYG3777B1032,"1,112,000","2,639,160" 9,"EVE ENERGY CO LTD-A",3.01,300014,CNE100000GS4,"229,560","2,383,464" 10,"NIO INC-CLASS A",2.95,9866,KYG6525F1028,"363,540","2,328,548" 11,"CMOC GROUP LTD-A",2.86,603993,CNE100001NR0,"1,205,200","2,259,909" 12,"RIVIAN AUTOMOTIVE INC-A",2.64,RIVN,US76954A1034,"153,446","2,086,866" 13,"SERES GROUP CO L-A",2.60,601127,CNE1000028B9,"102,600","2,053,585" 14,"ALBEMARLE CORP",2.53,ALB,US0126531013,"24,639","1,996,745" 15,"Lynas Rare Earths",2.40,LYC,AU000000LYC6,"199,666","1,901,442" 16,"Dr Ing hc F Porsche AG",2.26,P911,DE000PAG9113,"34,290","1,785,702" 17,"MP MATERIALS CORP",2.24,MP,US5533681012,"26,888","1,772,995" 18,"LG ENERGY SOLUTION",2.19,373220,KR7373220003,"6,773","1,732,979" 19,"SAMSUNG SDI CO LTD",2.16,006400,KR7006400006,"11,781","1,708,559" 20,"PILBARA MINERALS LTD",2.12,PLS,AU000000PLS0,"1,167,222","1,678,998" 21,"ECOPRO BM CO LTD",2.05,247540,KR7247540008,"18,611","1,620,794" 22,"ZHEJIANG LEAPM-H",1.97,9863,CNE100005K77,"194,900","1,559,841" 23,SQM/B,1.91,SQM/B,CLP8716X1082,"34,659","1,507,499" 24,"ZHEJIANG HUAYO-A",1.77,603799,CNE100001VW3,"190,763","1,400,009" 25,"WUXI LEAD INTE-A",1.71,300450,CNE100001ZF9,"173,400","1,353,930" 26,"GANFENG LITHIU-A",1.50,002460,CNE100000SF6,"173,657","1,186,902" 27,"GOTION HIGH-TECH CO LTD-A",1.50,002074,CNE000001NY7,"183,589","1,185,161" 28,UMICORE,1.43,UMI,BE0974320526,"73,277","1,131,275" 29,"POSCO FUTURE M CO LTD",1.39,003670,KR7003670007,"11,573","1,101,992" 30,"TIANQI LITHIUM CORP-A",1.32,002466,CNE100000T32,"163,600","1,041,185" 31,"LUCID GROUP INC",1.16,LCID,US5494981039,"46,105","914,713" 32,"GUANGZHOU TINC-A",1.10,002709,CNE100001RG4,"200,694","869,359" 33,"IGO LTD",1.10,IGO,AU000000IGO4,"281,260","867,225" 34,"MINERAL RESOURCES LTD",1.05,MIN,AU000000MIN4,"32,219","829,501" 35,"SHANGHAI PUTAI-A",1.04,603659,CNE100002TX3,"220,899","819,432" 36,"YADEA GROUP HOLDINGS LTD",0.95,1585,KYG9830F1063,"428,000","748,362" 37,"BAIC BLUEPARK-A",0.94,600733,CNE000000LP1,"600,600","741,523" 38,"XIAMEN TUNGSTEN CO LTD-A",0.92,600549,CNE000001D15,"170,451","728,538" 39,"PLUG POWER INC",0.89,PLUG,US72919P2020,"449,005","704,938" 40,"ANEKA TAMBANG TBK",0.87,ANTM,ID1000106602,"3,231,000","687,154" 41,"YUNNAN ENERGY-A",0.81,002812,CNE100002BR3,"104,900","641,821" 42,"NIDEC CORP",0.81,6594,JP3734800000,"36,300","640,559" 43,"SHENZHEN KEDAL-A",0.81,002850,CNE100002JW6,"29,736","637,656" 44,"CNGR ADVANCED -A",0.78,300919,CNE1000049X9,"100,770","615,703" 45,"GEM CO LTD-A",0.76,002340,CNE100000KT4,"555,640","598,604" 46,"ZEEKR INTELL-ADR",0.68,ZK,US98923K1034,"18,168","539,045" 47,Cash,0.65,,–,"513,742","513,742" 48,"HUNAN YUNENG N-A",0.64,301358,CNE100005YS6,"82,000","509,426" 49,"NINGBO SHANSHAN CO LTD-A",0.59,600884,CNE000000JJ8,"233,400","469,128" 50,"VOLVO CAR AB-B",0.58,VOLCARB,SE0021628898,"229,935","460,256" 51,"L&F CO LTD",0.57,066970,KR7066970005,"9,303","452,629" 52,"BEIJING EASPRI-A",0.57,300073,CNE100000NN1,"58,400","450,253" 53,"CHINA BAOAN GROUP-A",0.54,000009,CNE000000222,"278,707","427,094" 54,"QINGDAO TGOOD ELECTRIC-A",0.51,300001,CNE100000H69,"114,400","399,946" 55,"GUANGZHOU AUTO-H",0.50,2238,CNE100000Q35,"902,000","395,449" 56,"FARASIS ENERGY G",0.47,688567,CNE1000041T4,"131,770","369,426" 57,"ZHONGSHAN BROA-A",0.44,002249,CNE100000C07,"265,500","350,544" 58,"SHENZHEN SENIO-A",0.37,300568,CNE100002DP3,"145,100","295,519" 59,"CHENGXIN LITHI-A",0.33,2240,CNE100000BN6,"101,900","261,924" 60,"AUSTRALIAN DOLLAR",0.00,,–,299,199 61,EURO,0.00,,–,159,187 62,"HONG KONG DOLLAR",0.00,,–,"1,042",134 63,"CANADIAN DOLLAR",0.00,,–,4,3 64,"JAPANESE YEN",0.00,,–,42,0 65,"SWEDISH KRONE",0.00,,–,-451,-49