Global Undiscovered Gems With Strong Fundamentals

ShinHsiung Natural Gas

Market Cap: NT$12.8b

Supplies natural gas in Taiwan.

Reward Wool Industry

Market Cap: NT$3.4b

Manufactures and sells wool products in Taiwan, Japan, South Korea, and internationally.

Dainichiseika Color & Chemicals Mfg

Market Cap: JP¥52.3b

Dainichiseika Color & Chemicals Mfg. Co., Ltd.

Shengtak New Material

Market Cap: CN¥3.3b

Engages in the research and development, production, and sale of seamless steel pipes for use in industrial energy equipment in China.

NippiIncorporated

Market Cap: JP¥18.8b

Manufactures and sells collagen casings, gelatin and collagen peptides, leather, cosmetics and health foods, functional polymers, and life science products in Japan and internationally.

Fraser and Neave

Market Cap: S$1.8b

Engages in the food and beverage, and publishing and printing businesses in Singapore, Malaysia, Thailand, Vietnam, and internationally.

UOB-Kay Hian Holdings

Market Cap: S$1.6b

An investment holding company, provides stockbroking, futures broking, structured lending, investment trading, margin financing, and nominee and research services.

Mitsubishi Steel Mfg

Market Cap: JP¥24.4b

Manufactures and sells steel products, construction machinery parts, automotive parts, and machinery and equipment.

JANOME

Market Cap: JP¥20.5b

Engages in the planning, development, and production of sewing machines in Japan, the Americas, Europe, CIS countries, the Middle East, Oceania, Africa, and rest of Asia.

Miyaji Engineering GroupInc

Market Cap: JP¥48.3b

Through its subsidiaries, engages in the construction and civil engineering activities in Japan.

Teikoku Sen-i

Market Cap: JP¥66.6b

Manufactures and sells disaster prevention products and equipment in Japan.

D-Link (India)

Market Cap: ₹16.5b

D-Link (India) Limited markets and distributes D-Link branded networking products for consumers, small businesses, medium to large-sized enterprises, and service providers in India.

Chun Yuan Steel Industry

Market Cap: NT$12.4b

Produces and sells steel products in Taiwan and rest of Asia.

Bosun

Market Cap: CN¥3.9b

Research, manufactures, and sells diamond tools in China and internationally.

Utechzone

Market Cap: NT$5.7b

Researches, develops, manufactures, and sells automatic optical inspection products in Taiwan.

Beijing Emerging Eastern Aviation Equipment

Market Cap: CN¥4.2b

Beijing Emerging Eastern Aviation Equipment Co., Ltd.

GS Global

Market Cap: ₩213.3b

Engages in the import, export, and triangular trade of steel, coal/biomass, petrochemicals, industrial products in South Korea and internationally.

Ningxia Western Venture IndustrialLtd

Market Cap: CN¥7.8b

Ningxia Western Venture Industrial Co.,Ltd.

SillaLtd

Market Cap: ₩144.7b

Engages in the deep-sea fishery business in South Korea.

Kyodo Printing

Market Cap: JP¥31.1b

Engages in the printing business in Japan.

Wise Living Technology

Market Cap: HK$793.2m

Provides heat services in the People’s Republic of China.

Sun

Market Cap: JP¥166.5b

Engages in the mobile data solutions, entertainment, information technology, and other businesses in Japan.

AEWIN TechnologiesLtd

Market Cap: NT$3.2b

Engages in the design, manufacture, and sale of network security-related products in Asia, the United States, and Europe.

JW Holdings

Market Cap: ₩213.9b

Operates as a healthcare company in South Korea, the United States, Japan, China, and internationally.

ICP Das

Market Cap: NT$3.6b

Produces and sells industrial automation products and solutions worldwide.

Jiangsu SOPO Chemical

Market Cap: CN¥9.5b

Engages in the manufacture and sale of chemical products in China and internationally.

Rockwell Land

Market Cap: ₱11.0b

Operates as a property developer in high-end and upper-mid markets primarily in Metro Manila, the Philippines.

Kingfore Energy Group

Market Cap: CN¥2.1b

Manufactures and sells energy saving products in China.

Qinghai Jinrui Mining Development

Market Cap: CN¥3.1b

Produces and sells strontium salt products in China.

Sundaram Finance Holdings

Market Cap: ₹73.3b

Engages in the business of investments, business processing, and support services in India, Australia, and the United Kingdom.

LA Holdings

Market Cap: JP¥40.9b

Engages in the development, sale, and rental of new and refurbished real estate properties in Japan.

Cleanup

Market Cap: JP¥24.7b

Engages in the equipment business for housing, stores and business establishments, and other business in Japan and internationally.

Sebang

Market Cap: ₩237.5b

Provides integrated logistics services in Korea.

Zhewen Pictures Groupltd

Market Cap: CN¥4.1b

Produces and sells yarns in China.

Balmer Lawrie

Market Cap: ₹34.6b

Engages in industrial packaging, greases and lubricants, chemicals, logistic services and infrastructure, refinery and oil field, and travel and vacation services businesses in India and internationally.

Harbin Hatou InvestmentLtd

Market Cap: CN¥12.0b

Produces and supplies heat and thermal power in the People’s Republic of China.