Global Undiscovered Gems With Strong Fundamentals

HARBIN GLORIA PHARMACEUTICALS

Market Cap: CN¥7.7b

Harbin Gloria Pharmaceuticals Co., Ltd engages in the research, development, production, and sale of pharmaceutical products primarily in the People’s Republic of China.

ShenZhen QiangRui Precision Technology

Market Cap: CN¥10.8b

ShenZhen QiangRui Precision Technology Co., Ltd.

WuHu Foresight TechnologyLtd

Market Cap: CN¥6.1b

Engages in the research and development, manufacture, and sale of automotive interior parts in China.

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥12.6b

Jiangxi Jiangnan New Material Technology Co., Ltd.

Xinjiang Torch Gas

Market Cap: CN¥3.0b

Operates as a gas service company in China.

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.4b

Hangzhou Xili Intelligent Technology Co.,Ltd.

Renxin New MaterialLtd

Market Cap: CN¥2.9b

Engages in the research and development, production, and sale of polystyrene polymer materials in China.

Zkteco

Market Cap: CN¥8.3b

ZKTeco Co., Ltd. provides biometric solutions and AI Cognitive Spatial Intelligence technologies.

Innovana Thinklabs

Market Cap: ₹10.0b

Engages in the software and application development business in India, the United States, and internationally.

Changchai Company

Market Cap: CN¥3.5b

Produces and sells small and medium-sized single cylinder and multi-cylinder diesel engines under the Changchai brand in the People’s Republic of China and internationally.

Indo Tech Transformers

Market Cap: ₹18.4b

Manufactures and sells transformers in India and internationally.

Balaji Telefilms

Market Cap: ₹11.3b

Engages in the entertainment business in India and internationally.

Sky Gold and Diamonds

Market Cap: ₹45.7b

Designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India.

Hayleys

Market Cap: LK₨131.4b

Operates in the manufacturing, agriculture, and services sectors worldwide.

TSTE

Market Cap: ฿4.4b

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

Central Finance

Market Cap: LK₨65.1b

Provides various financial solutions primarily in Sri Lanka.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.0b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Insolation Energy

Market Cap: ₹49.2b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Enviro Infra Engineers

Market Cap: ₹44.1b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Rrp Semiconductor

Market Cap: ₹64.3b

Trades in electronic parts in India.

Concord Enviro Systems

Market Cap: ₹11.2b

Engages in providing water and wastewater treatment, and reuse solutions.

Goldiam International

Market Cap: ₹40.4b

Manufactures, sells, and trades in diamond studded gold, silver, and platinum jewelry in India.

AGI Infra

Market Cap: ₹27.9b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

KP Green Engineering

Market Cap: ₹28.1b

Engages in engineering and manufacture of steel structure in India.

Vasa Denticity

Market Cap: ₹9.8b

Trades in dental products in India.

Pakistan National Shipping

Market Cap: PK₨84.7b

Engages in the shipping business worldwide.

104

Market Cap: NT$7.4b

Engages in the information technology, general advertising, employment, and human resource consultancy services in Taiwan and internationally.

Cherat Cement

Market Cap: PK₨64.3b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

SALUS Ljubljana d. d

Market Cap: €353.4m

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

Nestlé Pakistan

Market Cap: PK₨379.6b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Standard Chartered Bank Kenya

Market Cap: KSh120.2b

Provides various banking products and services for individuals and businesses.

Ibrahim Fibres

Market Cap: PK₨94.7b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Fauji Cement

Market Cap: PK₨125.3b

Engages in the manufacturing and selling of various types of cement in Pakistan.

Britam Holdings

Market Cap: KSh22.3b

An investment holding company, provides financial solutions in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi.

Digital Mediatama Maxima

Market Cap: Rp2.7t

Operates an integrated marketing platform.

OUG Holdings

Market Cap: JP¥21.7b

Through its subsidiaries, engages in the wholesale of marine products in Japan.