Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Canal Shipping Agencies

Market Cap: ج.م8.7b

Provides various shipping services to the international commercial fleet in Egypt.

TSTE

Market Cap: ฿4.0b

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

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Industrias del Cobre Sociedad Anónima

Market Cap: S/857.5m

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

Wema Bank

Market Cap: ₦1.1t

Provides banking and other financial services to corporate and individual customers in Nigeria.

Shenzhen Zhongheng Huafa

Market Cap: CN¥3.5b

Produces and sells injection molded parts, foam parts, and liquid crystal display monitors.

Creative & Innovative System

Market Cap: ₩983.0b

Manufactures and sells equipment for lithium-ion batteries powering IT instruments, EV lithium-ion batteries, fuel cells, solar cells, displays, etc.

Pizu Group Holdings

Market Cap: HK$5.5b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Suzhou Highfine Biotech

Market Cap: CN¥5.3b

Manufactures and sells chemicals for pharmaceutical research and development, and API production companies in China.

DYPNFLtd

Market Cap: ₩151.1b

Designs, manufactures, installs, and tests operation of powder conveying systems in South Korea, the United States, the Middle East, Southeast Asia, Europe, and internationally.

Hoshi Iryo-Sanki

Market Cap: JP¥17.9b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Nestlé Pakistan

Market Cap: PK₨349.2b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Anhui Tongfeng Electronics

Market Cap: CN¥5.4b

Engages in the research and development, production, and sales of thin films, film capacitors and related electronic components in the People’s Republic of China.

Namuga

Market Cap: ₩249.7b

Designs, produces, and sells cameras and 3D sensing modules in Korea and internationally.

Hongmian Zhihui Science and Technology InnovationLtd.Guangzhou

Market Cap: CN¥6.3b

Engages in the production and sale of edible sugar, beverages, and other food products in China and internationally.

Speed Tech

Market Cap: NT$6.0b

Designs, research and develops, manufactures, and sells connectors for use in communication, computers, automotive, and consumer industries in Taiwan and internationally.

Macnica Galaxy

Market Cap: NT$6.6b

Together with its subisidaries, engages in the agency trading and technical service of semiconductor electronic components in Taiwan, rest of Asia, and internationally.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Sakar Healthcare

Market Cap: ₹11.9b

Research, develops, manufactures, and sells pharmaceutical products in India.

Fauji Foods

Market Cap: PK₨39.0b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

HG Metal Manufacturing

Market Cap: S$166.2m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Suzhou Chunqiu Electronic Technology

Market Cap: CN¥6.1b

Suzhou Chunqiu Electronic Technology Co., Ltd.

Shandong Sinoglory Health Food

Market Cap: CN¥2.4b

Manufactures soy proteins in China.

Otec

Market Cap: JP¥37.3b

Trades pipework equipment in Japan.

Tait Marketing & Distribution

Market Cap: NT$3.7b

Engages in the marketing, agency, and distribution of various foods, beverages, liquors, and supplies in Taiwan.

Bank Ganesha

Market Cap: Rp2.9t

Provides various general banking products and services for individuals and businesses in Indonesia.

Krishana Phoschem

Market Cap: ₹29.8b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

Ryoyu Systems

Market Cap: JP¥41.2b

Provides design, development, operation and maintenance of information and communication systems for various industries in Japan.

Hua Na Hydropower

Market Cap: ₫5.3t

Engages in the investment, production, and trading of electricity in Vietnam.

DAM Capital Advisors

Market Cap: ₹9.6b

Provides investment banking services.

Shenke Slide Bearing

Market Cap: CN¥2.8b

Researches, develops, produces, and sells thick-walled sliding bearings, and parts and kits in the People’s Republic of China and internationally.

KFM Kingdom Holdings

Market Cap: HK$1.8b

An investment holding company, manufactures and sells precision metal stamping products in the People’s Republic of China, South East Asia, Hong Kong, North America, Europe, and internationally.

Hollyland (China) Electronics Technology

Market Cap: CN¥3.7b

Engages in the research and development, production, and sale of circuit protection products in China and internationally.

JiangXi BaiSheng Intelligent Technology

Market Cap: CN¥3.2b

JiangXi BaiSheng Intelligent Technology Co., Ltd.