Global Undiscovered Gems With Strong Fundamentals

Zona Franca de Iquique

Market Cap: CL$211.5b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

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

FALCO HOLDINGS

Market Cap: JP¥24.2b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Sun

Market Cap: MU₨6.5b

Operates in the tourism sector.

Standard Foods

Market Cap: NT$32.1b

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

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.

Taiyo KagakuLtd

Market Cap: JP¥29.6b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Cigniti Technologies

Market Cap: ₹42.1b

Provides software testing services worldwide.

Lan Fa Textile

Market Cap: NT$3.8b

Engages in the manufacture and sale of polyester textured yarn in Taiwan.

Ryoyu Systems

Market Cap: JP¥38.5b

Provides information technology (IT) solutions for various industries in Japan.

Anpec Electronics

Market Cap: NT$11.7b

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

Haitian Water GroupLtd

Market Cap: CN¥3.6b

Provides water and environmental protection services in China.

ShareHope Medicine

Market Cap: NT$3.7b

Provides integrated medical services in Taiwan.

Indofood Agri Resources

Market Cap: S$432.7m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

Wison Engineering Services

Market Cap: HK$1.2b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Hunan Investment GroupLtd

Market Cap: CN¥2.6b

Engages in the construction and operation of highways, bridges, and various urban infrastructures in China.

Cresco

Market Cap: JP¥64.4b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

Uju Holding

Market Cap: HK$1.3b

An investment holding company, provides digital marketing services and live-streaming e-commerce in the People’s Republic of China.

Bank Ganesha

Market Cap: Rp2.0t

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

Shenzhen Farben Information TechnologyLtd

Market Cap: CN¥8.6b

Shenzhen Farben Information Technology Co.,Ltd.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

CHT Security

Market Cap: NT$11.6b

Provides cybersecurity services.

Shenzhen Zhongheng Huafa

Market Cap: CN¥2.4b

Together with its subsidiaries produces and sells injection molded parts, foam parts, and complete LCD monitors.

Hyakugo Bank

Market Cap: JP¥170.7b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

Beijing Bashi Media

Market Cap: CN¥3.4b

Provides automotive services in China.

Sublime China Information

Market Cap: CN¥3.4b

Provides information and consulting services in China.

Luyin Investment GroupLtd

Market Cap: CN¥4.1b

Engages in the production and sale of powder metallurgy materials and products, and salt and salt chemical products in China and internationally.

Toukei Computer

Market Cap: JP¥66.6b

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

First Copper Technology

Market Cap: NT$12.1b

Produces and sells copper and copper alloy strips in Taiwan and internationally.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥3.8b

Nanjing Well Pharmaceutical Group Co.,Ltd.

Chudenko

Market Cap: JP¥181.7b

Operates as an equipment engineering company in Japan.

Lumax International

Market Cap: NT$9.8b

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

Togami Electric Mfg

Market Cap: JP¥16.7b

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

Sesoda

Market Cap: NT$9.4b

Manufactures and markets sulfate of potash (SOP) in Taiwan.

Nippon Care Supply

Market Cap: JP¥31.2b

Engages in the rental and wholesale of welfare equipment in Japan.

Orient Pharma

Market Cap: NT$7.2b

Engages in the research and development, manufacturing, and sales of drugs in Taiwan and internationally.