Global Undiscovered Gems With Strong Fundamentals

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

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

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Jadranski naftovod d.d

Market Cap: €775.9m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

SALUS Ljubljana d. d

Market Cap: €252.9m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Darwin

Market Cap: €89.4m

Operates as a biotechnology company.

Practic

Market Cap: RON 567.2m

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

KinjiroLtd

Market Cap: JP¥16.4b

Provides human resource management (HRM) solution services.

Konishi

Market Cap: JP¥73.6b

Manufactures and sells synthetic adhesives in Japan.

An Cuong Wood - Working

Market Cap: ₫5.5t

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.

Suzhou Sepax Technologies

Market Cap: CN¥6.7b

Researches, develops, produces, and sells liquid chromatography materials for the separation and purification of biomacromolecules and other drugs worldwide.

Qingmu Tec

Market Cap: CN¥4.3b

Provides brand retail solutions.

Sinotherapeutics

Market Cap: CN¥4.5b

A specialty pharmaceutical company, develops generic and formulation products in China.

Guangdong Delian Group

Market Cap: CN¥3.8b

Engages in the automobile fine chemicals, automobile sales service, and automobile repair and maintenance businesses, and development of new application scenarios in China.

Daphne International Holdings

Market Cap: HK$811.2m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

Tohoku Steel

Market Cap: JP¥14.8b

Engages in the manufacturing, processing, and distribution of various types of special steel products in Japan.

ISE Chemicals

Market Cap: JP¥127.7b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.9b

Researches, develops, produces, and sells black sesame health products in China.

Tien Phong Plastic

Market Cap: ₫10.7t

Manufactures and trades in plastic pipes for civil and industrial use in Vietnam.

Saint-Gobain Sekurit India

Market Cap: ₹10.0b

Manufactures and sells laminated and tempered automotive glass in India.

COSCO SHIPPING International (Hong Kong)

Market Cap: HK$7.2b

An investment holding company, provides shipping services in the People’s Republic of China and internationally.

Natural Food International Holding

Market Cap: HK$1.6b

An investment holding company, engages in the manufacture and sale of natural health food products in China.

Indo Tech Transformers

Market Cap: ₹20.7b

Manufactures and distributes transformers in India and internationally.

Daoming Optics&ChemicalLtd

Market Cap: CN¥5.1b

Engages in the research and development, production, and sale of reflective materials and products worldwide.

Monarch Networth Capital

Market Cap: ₹24.4b

Provides financial services to high net worth individuals, institutional and foreign investors, financial institutions, and corporate clients in India.

Guangdong Transtek Medical Electronics

Market Cap: CN¥3.0b

Provides smart wearables and mobile medical care products in China and internationally.

Shanghai SK Automation TechnologyLtd

Market Cap: CN¥5.2b

Engages in the research, development, production, and sale of intelligent manufacturing equipment for new energy vehicles and fuel vehicles.

Toho Bank

Market Cap: JP¥85.1b

Provides various banking products and services in Japan.

Techno Smart

Market Cap: JP¥18.5b

Provides liquid crystal-related film and cast film manufacturing devices.

OpenWork

Market Cap: JP¥22.5b

Develops and manages a job and recruitment information platform in Japan.

Marusan Securities

Market Cap: JP¥58.4b

Engages in the financial products trading business in Japan.

Hokkan Holdings

Market Cap: JP¥23.7b

Through its subsidiaries, engages in the container, filling, and machinery production businesses in Taiwan.

Shanghai Haixin Group

Market Cap: CN¥6.0b

Engages in the pharmaceutical, textile and clothing, and finance businesses.

Tsubakimoto Kogyo

Market Cap: JP¥42.1b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Kanro

Market Cap: JP¥61.0b

Manufactures and sells confectionery and food products in Japan.

Araya Industrial

Market Cap: JP¥22.3b

Manufactures and sells steel products in Japan and internationally.