Global Undiscovered Gems With Strong Fundamentals

INCAR FINANCIAL SERVICE

Market Cap: ₩536.8b

Operates as an independent insurance agency in South Korea.

Guangdong Transtek Medical Electronics

Market Cap: CN¥2.8b

Guangdong Transtek Medical Electronics Co., Ltd.

E J Holdings

Market Cap: JP¥32.0b

Through its subsidiaries, engages in the civil engineering consultant business in Japan and internationally.

AJIS

Market Cap: JP¥37.3b

Provides retail support services in Japan and internationally.

Wuhan Huakang Century Clean Technology

Market Cap: CN¥4.5b

Wuhan Huakang Century Clean Technology Co., Ltd.

Zhejiang Haisen Pharmaceutical

Market Cap: CN¥3.9b

Engages in the research and development, production, sale, and import and export of pharmaceutical intermediates, active pharmaceutical ingredients, and preparations in China and internationally.

Xiamen Jihong

Market Cap: CN¥6.6b

Engages in the cross-border social e-commerce and paper packaging solutions business.

Hangzhou Zhengqiang

Market Cap: CN¥4.2b

Engages in the research, development, production, and sales of automobile cross-axle universal joint assemblies, forks, cross shafts, yokes, and related components in China and internationally.

Vivo Energy Mauritius

Market Cap: MU₨13.5b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Changchun FAWAY Group Automobile Components

Market Cap: CN¥7.2b

Engages in the design, manufacture and sales of automotive interior and exterior parts and components in China.

Jiangyin Haida Rubber And Plastic

Market Cap: CN¥5.7b

Jiangyin Haida Rubber And Plastic Co., Ltd.

Myung In Pharmaceutical

Market Cap: ₩766.5b

A pharmaceutical company, manufactures ETC and OTC drugs.

Anfu CE LINK

Market Cap: CN¥3.5b

Researches, designs, develops, manufactures, sells, and services electronic signal transmission adaptation products and other consumer electronics products.

Tibet Development

Market Cap: CN¥2.4b

Engages in the production and sale of beer in China.

Zhejiang Jinghua Laser TechnologyLtd

Market Cap: CN¥3.8b

Develops, manufactures, and sells laser holographic molded products.

Nippon Sharyo

Market Cap: JP¥50.9b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

Careerlink

Market Cap: JP¥28.8b

Provides human resource services in Japan.

Zhongyeda Electric

Market Cap: CN¥5.3b

Engages in the distribution of industrial electrical products in China.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.5b

A publicly owned investment manager.

Sichuan Fulin Transportation Group

Market Cap: CN¥3.7b

Sichuan Fulin Transportation Group Co., Ltd.

Ogaki Kyoritsu Bank

Market Cap: JP¥258.4b

A regional financial institution, provides various financial products and services in Japan and internationally.

Guangdong Tloong Technology GroupLtd

Market Cap: CN¥8.1b

Researches, develops, and sells various printing ink products in China and internationally.

Shanghai New Power Automotive Technology

Market Cap: CN¥9.4b

Engages in the production and sale of diesel engines and parts in China.

Yashima Denki

Market Cap: JP¥62.8b

Engages in the plant, public/facilities, and transportation businesses in Japan and internationally.

Hoang Huy Investment Financial Services

Market Cap: ₫15.0t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Kyungbangco.Ltd

Market Cap: ₩223.7b

Engages in textile spinning and real estate development businesses in South Korea.

Anhui Huaren Health Pharmaceutical

Market Cap: CN¥7.8b

Anhui Huaren Health Pharmaceutical Co., Ltd.

Payton Industries

Market Cap: ₪531.4m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Nikko

Market Cap: JP¥30.4b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.

Kaneko Seeds

Market Cap: JP¥16.1b

Kaneko Seeds Co., Ltd., together with its subsidiaries, production and sale agricultural seeds in Japan.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥5.1b

Engages in the research, development, manufacture, and sale of chain transmission systems in China and internationally.

Pamica Technology

Market Cap: CN¥13.2b

Engages in the research and development, production, and sale of mica insulation materials, glass fiber cloth, and new energy insulation materials.

Jiangsu Longda Superalloy

Market Cap: CN¥6.9b

Engages in research, development, production, and sale of alloy and superalloy materials in China and internationally.

Ebara JitsugyoLtd

Market Cap: JP¥58.8b

Manufactures and sells environmentally related products.

Cota

Market Cap: JP¥35.1b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥3.5b

Nanjing Well Pharmaceutical Group Co.,Ltd.