Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Southern Michigan Bancorp

Market Cap: US$115.6m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

ISE Chemicals

Market Cap: JP¥139.9b

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

Tibet Weixinkang Medicine

Market Cap: CN¥5.4b

Engages in the research and development, production, and sale of chemical drugs and their bulk drugs in China.

Shantou Institute of Ultrasonic Instrument

Market Cap: CN¥10.9b

Shantou Institute of Ultrasonic Instrument Co., Ltd.

MOBI Industry

Market Cap: ر.س575.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

MNtech

Market Cap: ₩273.5b

Manufactures and sells optical films for televisions in South Korea.

Lee's Pharmaceutical Holdings

Market Cap: HK$1.2b

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products in the People's Republic of China, Hong Kong, and internationally.

Shenzhen Leaguer

Market Cap: CN¥11.0b

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

Chin Hsin Environ Engineering

Market Cap: NT$3.5b

Provides general, hazardous industrial, and biomedical waste removal and treatment services in Taiwan.

Anpec Electronics

Market Cap: NT$14.1b

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

Vinacomin - Power Holding

Market Cap: ₫8.2t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Fengyinhe Holdings

Market Cap: HK$1.4b

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

Neosem

Market Cap: ₩392.7b

Manufactures and sells semiconductor inspection equipment.

Tech Semiconductors

Market Cap: CN¥9.6b

Engages in the development, manufacture, and sale of power semiconductor devices in China.

Nanfang Ventilator

Market Cap: CN¥6.1b

Designs and manufactures HVAC products in China.

Australian United Investment

Market Cap: AU$1.4b

A publicly owned investment manager.

Aerospace Hi-Tech Holding Group

Market Cap: CN¥13.1b

Aerospace Hi-Tech Holding Group Co., Ltd.

KNJ

Market Cap: ₩140.1b

Manufactures and sells equipment and parts for display panels and semiconductors in Korea and internationally.

Grade Upon Technology

Market Cap: NT$15.8b

Grade Upon Technology Corporation develops, manufactures, and sells sensor device products in Taiwan.

BIO-FD&CLtd

Market Cap: ₩162.9b

Develops active ingredients for anti-aging cosmetics in South Korea.

Morris State Bancshares

Market Cap: US$237.0m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Practic

Market Cap: RON 736.5m

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

Advancetek EnterpriseLtd

Market Cap: NT$18.0b

Engages in the construction, rental, and sale of residential and commercial buildings in Taiwan.

Xiamen Jiarong TechnologyLtd

Market Cap: CN¥3.2b

Manufactures and sells environmental protection equipment.

Jiangsu Longda Superalloy

Market Cap: CN¥4.9b

Engages in research, development, production, and sale of metal alloy products in China and internationally.

Guangdong Lingxiao Pump IndustryLtd

Market Cap: CN¥6.2b

Guangdong Lingxiao Pump Industry Co.,Ltd.

DYPNFLtd

Market Cap: ₩151.3b

Manufactures and sells powder transport equipment in South Korea, the United States, the Middle East, Southeast Asia, Europe, and internationally.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥5.8b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Daoming Optics&ChemicalLtd

Market Cap: CN¥6.4b

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

TianJin JinRong TianYu Precision Machinery

Market Cap: CN¥3.4b

TianJin JinRong TianYu Precision Machinery Inc.

Guangdong Sanhe Pile

Market Cap: CN¥5.1b

Engages in the research and development, production, and sale of prestressed concrete pipe pile products in China.

Shenyang Yuanda Intellectual Industry GroupLtd

Market Cap: CN¥4.5b

Researches, develops, manufactures, installs, and sells elevators in China and internationally.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Natural Food International Holding

Market Cap: HK$2.0b

An investment holding company, manufactures and sells natural health food products in China.