Global Undiscovered Gems With Strong Fundamentals

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Concord Enviro Systems

Market Cap: ₹11.8b

Engages in the design, manufacture, installation, operation, and maintenance of industrial water and wastewater treatment, and reuse and zero liquid discharge systems and plants.

Wholetech System Hitech

Market Cap: NT$6.8b

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

Donpon Precision

Market Cap: NT$3.4b

Researches, develops, manufactures, and sells automotive electronic products and plastic precision components in Taiwan and Mainland China.

Shenzhen Bsc TechnologyLtd

Market Cap: CN¥5.1b

Engages in the design, development, production, and sale of functional devices for electronic products.

Suzhou Longjie Special Fiber

Market Cap: CN¥3.7b

Engages in the research and development, production, and sale of polyester filaments in China and internationally.

JinXianDai Information IndustryLtd

Market Cap: CN¥3.6b

Provides industry digital solutions for power, rail transit, and petrochemical companies in China.

Abans Financial Services

Market Cap: ₹12.1b

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

Wealth First Portfolio Managers

Market Cap: ₹13.1b

Provides share and stock broking services in India.

Genesys International

Market Cap: ₹28.1b

Provides geographical information services in India and internationally.

Hoang Huy Investment Financial Services

Market Cap: ₫12.7t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Nantong Guosheng Intelligence Technology Group

Market Cap: CN¥3.2b

Nantong Guosheng Intelligence Technology Group Co., Ltd.

ZHEJIANG DIBAY ELECTRICLtd

Market Cap: CN¥2.5b

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

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥4.9b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Anpec Electronics

Market Cap: NT$12.1b

Engages in the design, testing, production, and marketing of mixed-signal power chips and sensors in Taiwan and internationally.

Guangdong Lingxiao Pump IndustryLtd

Market Cap: CN¥5.7b

Guangdong Lingxiao Pump Industry Co.,Ltd.

Mamata Machinery

Market Cap: ₹10.5b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Wuxi Xinan Technology

Market Cap: CN¥2.6b

Engages in the research, development, production, and sale of aluminum alloy auto parts for commercial vehicles and passenger cars.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥3.4b

Qingdao Choho Industrial Co., Ltd. develops, manufactures, and sells automobile chains worldwide.

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.

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥6.7b

Jiangxi Jiangnan New Material Technology Co., Ltd.

Fortune Mate Indonesia

Market Cap: Rp2.5t

Provides real estate development and construction services in Indonesia.

Wuxi Chemical Equipment

Market Cap: CN¥4.0b

Designs, develops, manufactures, and markets metal pressure vessels in China.

Techno Smart

Market Cap: JP¥18.6b

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

Ningbo Henghe Precision IndustryLtd

Market Cap: CN¥2.9b

Ningbo Henghe Precision Industry Co.,Ltd.

Nanfang Ventilator

Market Cap: CN¥4.0b

Designs and manufactures HVAC products in China.

Oswal Greentech

Market Cap: ₹12.1b

Develops real estate projects in India.

Anapass

Market Cap: ₩223.7b

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

Praise Victor Industrial

Market Cap: NT$9.2b

Designs, produces, and trades in polyurethanes (PU) materials.

Togami Electric Mfg

Market Cap: JP¥16.5b

Engages in manufacturing and sale of power distribution and control equipment in Japan.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥3.7b

Nanjing Well Pharmaceutical Group Co.,Ltd.

Brillian Network & Automation Integrated System

Market Cap: NT$8.1b

Brillian Network & Automation Integrated System Co.

Jih Lin Technology

Market Cap: NT$4.6b

Manufactures and sells lead frames and tooling products in Taiwan, China, and internationally.

KinjiroLtd

Market Cap: JP¥17.6b

Provides human resource management (HRM) solution services.

Thai Steel Cable

Market Cap: ฿3.4b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.