Global Undiscovered Gems With Strong Fundamentals

Hearts and Minds Investments

Market Cap: AU$670.9m

n/a

Lungteh Shipbuilding

Market Cap: NT$11.7b

Engages in the shipbuilding business.

Yuan Cheng CableLtd

Market Cap: CN¥3.6b

Engages in the design, research and development, production, operation, and sales of wire and cable products in China.

Powertip Image

Market Cap: NT$3.5b

Manufactures and sells electronic components and optical instruments in Mainland China, Taiwan, and internationally.

Pacific Construction

Market Cap: NT$3.8b

Engages in the construction business in Taiwan and Malaysia.

Standard Foods

Market Cap: NT$34.5b

Manufactures and sells nutritious foods, edible oil, dairy products, and beverages in Taiwan and internationally.

Unitech Computer

Market Cap: NT$6.3b

Engages in the information technology product channel business in Asia, America, Europe, and Oceania.

Shenzhen Chengtian Weiye Technology

Market Cap: CN¥4.0b

Shenzhen Chengtian Weiye Technology Co., Ltd.

Piccadily Agro Industries

Market Cap: ₹46.5b

Manufactures and sells white sugar in India.

Anapass

Market Cap: ₩234.7b

Operates as a SoC semiconductor provider in the display market in South Korea.

Hong Leong Finance

Market Cap: S$1.1b

Operates as a financial services company for consumer, and small and medium-sized enterprises (SMEs) markets in Singapore.

Camelot Electronics TechnologyLtd

Market Cap: CN¥3.2b

Engages in the research, production, and sale of printed circuit boards in China and internationally.

Chin Hsin Environ Engineering

Market Cap: NT$3.3b

Provides general, hazardous industrial, and biomedical waste removal and treatment services in Taiwan.

MAPFRE Middlesea

Market Cap: €133.4m

Provides non-life and life insurance to individuals, small and medium enterprises, professionals, and businesses in Malta.

Practic

Market Cap: RON 567.2m

Engages in the lease and sublease of real estate properties in Romania.

Hayleys

Market Cap: LK₨101.8b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Chudenko

Market Cap: JP¥186.0b

Operates as an equipment engineering company in Japan.

Lumax International

Market Cap: NT$9.4b

Provides electronic components and program-controlled instruments in Taiwan and China.

Techno Ryowa

Market Cap: JP¥61.2b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

OUG Holdings

Market Cap: JP¥17.4b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

Alltek Technology

Market Cap: NT$9.0b

Operates as a communication components distributor and solution provider in Taiwan, China, and internationally.

Champion Building MaterialsLtd

Market Cap: NT$4.3b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

Chuo WarehouseLtd

Market Cap: JP¥27.3b

Provides various logistics services in Japan and internationally.

Raymond

Market Cap: ₹96.9b

Engages in the real estate and engineering businesses in India.

Cardig Aero Services

Market Cap: Rp4.1t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

HeXun Biosciences

Market Cap: NT$3.4b

Engages in the research and development of stem cell and treatments in Taiwan.

Shri Jagdamba Polymers

Market Cap: ₹8.8b

Engages in the manufacture and sale of technical textile products in India.

Yibin City Commercial Bank

Market Cap: HK$12.3b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Time Interconnect Technology

Market Cap: HK$8.1b

An investment holding company, manufactures and sells cable assembly, digital cable, and server products in the People's Republic of China, the United States, the Netherlands, Singapore, the United Kingdom, Hong Kong, Japan, Mexico, and internationally.

Grade Upon Technology

Market Cap: NT$6.5b

Grade Upon Technology Corporation develops, manufactures, and sells sensor device products in Taiwan.

Daphne International Holdings

Market Cap: HK$920.0m

An investment holding company, engages in the licensing, distribution, and sale of footwear and accessories in China, Hong Kong, and the British Virgin Islands.

Oriental Precision & EngineeringLtd

Market Cap: ₩253.2b

Oriental Precision & Engineering Co.,Ltd.

An Cuong Wood - Working

Market Cap: ₫5.7t

Manufactures and trades in wooden household products, industrial wooden items, artificial boards, interior decoration products, kitchen equipment, and other wooden related products in Vietnam and internationally.

Xinjiang Torch Gas

Market Cap: CN¥2.4b

Operates as a gas service company in China.

Sichuan Haite High-techLtd

Market Cap: CN¥7.3b

Provides aircraft airborne equipment maintenance services in China.

Marusan Securities

Market Cap: JP¥57.4b

Engages in the financial products trading business in Japan.