Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 482.2b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Freetrailer Group

Market Cap: €854.0m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Niching Industrial

Market Cap: NT$3.4b

Manufactures, markets and sells semiconductor, flat panel display, LED, green energy, and nanotechnology products.

Advancetek EnterpriseLtd

Market Cap: NT$10.9b

Advancetek Enterprise Co.,Ltd. entrusts construction companies to build national residential buildings and commercial buildings for leasing and sale in Taiwan.

HannStar Board

Market Cap: NT$48.6b

Manufactures, assembles, and sells printed circuit boards (PCBs) in Taiwan.

Machvision

Market Cap: NT$31.2b

Develops and sells machine vision systems for semiconductor and printed circuit board (PCB) industry in Taiwan.

Unitech Computer

Market Cap: NT$6.7b

Engages in the design, manufacture, sale, import and export of computers, computer peripheral equipment and automatic identification systems in Asia, America, Europe, and Oceania.

Viet Nam Power Development

Market Cap: ₫2.8t

Engages in the operation and management of hydropower plants.

Saha-Union

Market Cap: ฿7.9b

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

ZHEJIANG DIBAY ELECTRICLtd

Market Cap: CN¥3.1b

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

Zhejiang Yayi Metal TechnologyLtd

Market Cap: CN¥2.3b

ZheJiang Yayi Metal Technology Co.,Ltd engages in the research and development, production, processing, and sales of outdoor leisure furniture in China, the United States, Canada, and internationally.

An Phat Bioplastics

Market Cap: ₫3.2t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

SG Mart

Market Cap: ₹43.1b

Trades in building material products in India and internationally.

3B Blackbio Dx

Market Cap: ₹14.5b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

JiaXing Gas Group

Market Cap: HK$1.1b

Engages in the sale of piped natural gas (PNG) in Mainland China.

Lion Rock Group

Market Cap: HK$1.0b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

Fengyinhe Holdings

Market Cap: HK$2.2b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

Woojin

Market Cap: ₩419.4b

Engages in the developing and manufacturing of industrial measuring instruments in South Korea.

Myung In Pharmaceutical

Market Cap: ₩884.8b

A pharmaceutical company, manufactures ETC and OTC drugs.

Vidhi Specialty Food Ingredients

Market Cap: ₹16.7b

Engages in manufacture and trading of synthetic food colors.

Wan Hwa Enterprise

Market Cap: NT$4.9b

Engages in the real estate business in Taiwan.

Toukei Computer

Market Cap: JP¥80.7b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

YagiLtd

Market Cap: JP¥30.6b

Together its subsidiaries, operates as a fiber trading company in Japan.

Wholetech System Hitech

Market Cap: NT$10.6b

Provides system integration services in Taiwan, China, Japan, and Singapore.

AzureWave Technologies

Market Cap: NT$9.4b

Engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide.

YFY

Market Cap: NT$42.4b

An investment holding company, manufactures and sells paper and paper-related products in Taiwan.

Shenzhen Leaguer

Market Cap: CN¥13.4b

Engages in the design, manufacturing, and service provision of plastic packaging solutions for cosmetics, daily necessities, health products, and food in China and internationally.

Guangzhou Ruili Kormee Automotive Electronic

Market Cap: CN¥11.3b

Guangzhou Ruili Kormee Automotive Electronic Co., Ltd.

Ryoyu Systems

Market Cap: JP¥50.3b

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

Center International GroupLtd

Market Cap: CN¥7.7b

Provides building metal enclosure systems solutions in China.

Soliton Systems K.K

Market Cap: JP¥39.8b

A technology company, provides IT security-related and embedded systems in Japan and internationally.

GDEP ADVANCEInc

Market Cap: JP¥17.0b

Engages in the system incubation business in Japan.

Marusan Securities

Market Cap: JP¥71.1b

Engages in the financial products trading business in Japan.