Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Namibia Breweries

Market Cap: R6.6b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Southern Michigan Bancorp

Market Cap: US$118.5m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and government agencies primarily in the southwest and south-central Michigan communities.

Procimmo Group

Market Cap: CHF 432.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Ceylinco Holdings

Market Cap: LK₨72.9b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

TSTE

Market Cap: ฿4.1b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Saha-Union

Market Cap: ฿7.9b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Mangold Fondkommission

Market Cap: SEK 932.3m

Provides financial services to companies, institutions, and private individuals in Sweden.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Henglin Home FurnishingsLtd

Market Cap: CN¥4.3b

Engages in research and development, manufacturing, and sales of home furnishing products in China and internationally.

Qiming Information TechnologyLtd

Market Cap: CN¥7.3b

Provides enterprise digital operation, smart car and intelligent connectivity, and cloud solutions primarily in China.

Shandong Sinoglory Health Food

Market Cap: CN¥2.4b

Manufactures soy proteins in China.

Tibet TourismLtd

Market Cap: CN¥4.1b

Engages in the tourism, attractions, services, and commerce business in China.

Zhejiang Jolly PharmaceuticalLTD

Market Cap: CN¥10.8b

Engages in the research, production, and marketing of Chinese medicinal products in the People’s Republic of China and internationally.

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.4b

Hangzhou Xili Intelligent Technology Co.,Ltd.

Gallant Precision Machining

Market Cap: NT$18.8b

Manufactures and sells flat panel display manufacturing and testing equipment, semiconductor packaging equipment, automation equipment, and related products in Taiwan, China, and internationally.

CTCI Advanced Systems

Market Cap: NT$4.7b

CTCI Advanced Systems Inc., together with its subsidiaries, engineering, research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware in Taiwan and internationally.

Dear LifeLtd

Market Cap: JP¥55.1b

Engages in the real estate business in Japan.

ZHEJIANG DIBAY ELECTRICLtd

Market Cap: CN¥3.3b

Engages in the research and development, production, and sale of sealed motors for household, commercial, and vehicle compressors in China and internationally.

Hong Tai Electric Industrial

Market Cap: NT$11.2b

Manufactures, processes, and sells wires and cables, and communication products and accessories.

Sino Medical Sciences Technology

Market Cap: CN¥9.2b

A medical device company, engages in the research, development, production, and distribution of interventional medical devices in China.

China Post Technology

Market Cap: CN¥7.1b

Engages in the research and development, design, production, sale, and related servicing of intelligent logistics systems in China.

Jetwell Computer

Market Cap: NT$7.1b

Engages in manufacturing of computers and peripheral equipment in China, Taiwan, and internatinally.

Jianmin Pharmaceutical GroupLtd

Market Cap: CN¥5.2b

Manufactures and sells traditional Chinese medicines and paediatric products in China.

Gem-Year IndustrialLtd

Market Cap: CN¥5.9b

Engages in the research, development, production, and sale of fasteners and hardware tools in China, the United States, Japan, Europe, and internationally.

Guangdong Sanhe Pile

Market Cap: CN¥4.3b

Engages in the research and development, production, and sale of prestressed concrete pipe pile products in China.

Qingdao Daneng Environmental Protection Equipment

Market Cap: CN¥3.1b

Qingdao Daneng Environmental Protection Equipment Co., Ltd.

Allmed Medical ProductsLtd

Market Cap: CN¥8.9b

Allmed Medical Products Co., Ltd manufactures and sells wound care and nursing material products in China.

Nantong Guosheng Intelligence Technology Group

Market Cap: CN¥4.0b

Nantong Guosheng Intelligence Technology Group Co., Ltd.

Wuxi Chemical Equipment

Market Cap: CN¥6.0b

Engages in the design, development, manufacture, and marketing of metal pressure vessels in China.

Zhejiang Bofay Electric

Market Cap: CN¥3.2b

Engages in the research, development, production, and sale of polymer composite materials in China and internationally.

Savior Lifetec

Market Cap: NT$6.1b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.

Hangzhou Fortune Gas Cryogenic Group

Market Cap: CN¥6.5b

Hangzhou Fortune Gas Cryogenic Group Co., Ltd.

HLB Pharmaceutical

Market Cap: ₩263.2b

Researches and develops peptide drugs in South Korea.