Global Undiscovered Gems With Strong Fundamentals

Seiko Group

Market Cap: JP¥146.0b

Engages in watches, devices solutions, systems solutions, apparels, clocks, fashion accessories, and other businesses in Japan and internationally.

Nippon Soda

Market Cap: JP¥144.6b

Develops, produces, processes, imports, markets, sells, and exports chemicals, agrochemicals, and other products in Japan and internationally.

FP Partner

Market Cap: JP¥54.9b

Provides insurance services for individuals and corporations in Japan.

EVS Broadcast Equipment

Market Cap: €466.0m

Provides live video technology for broadcast and media productions worldwide.

Anhui Anli Material Technology

Market Cap: CN¥2.9b

Engages in the research and development, production, sale, and servicing of ecological functional polyurethane synthetic leather products, polyurethane resin series products, and other polymer composite materials in China.

Maze Therapeutics

Market Cap: US$368.3m

A clinical stage biopharmaceutical company, develops small molecule precision medicines for the treatment of renal, cardiovascular, related metabolic diseases, and obesity in the United States.

Suprema

Market Cap: ₩206.6b

Develops and manufactures biometric and security products in South Korea and internationally.

Beijing ConST Instruments Technology

Market Cap: CN¥3.5b

Researches, develops, manufactures, and sells digital testing instruments and equipment in China and internationally.

KanamotoLtd

Market Cap: JP¥111.4b

Engages in the construction equipment rental business in Japan and internationally.

Dashang

Market Cap: CN¥8.0b

Operates a chain of department stores, supermarkets, and electrical appliance stores in China.

Chin-Poon Industrial

Market Cap: NT$12.2b

Engages in the manufacturing, processing, and selling of printed circuit boards (PCBs) and electronic materials in Taiwan, the United States, Germany, Japan, Hungary, Romania, China, and internationally.

Magnora

Market Cap: NOK 1.3b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

Citic Press

Market Cap: CN¥5.6b

Engages in the book publishing and distribution, knowledge service, and cultural consumption businesses in China and internationally.

Universal Vision Biotechnology

Market Cap: NT$15.3b

Operates a chain of eye care clinics in Taiwan and China.

Coastal Financial

Market Cap: US$1.2b

Operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small and medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington.

Hazama Ando

Market Cap: JP¥217.3b

Engages in the construction and construction-related business in Japan and internationally.

Kaori Heat Treatment

Market Cap: NT$18.9b

Engages in the research, development, manufacture, and sale of heat exchanger solutions in Taiwan, rest of Asia, the United States, Europe, and internationally.

Vobile Group

Market Cap: HK$7.6b

An investment holding company, provides software as a service for digital content assets protection and transaction in the United States, Japan, Mainland China, and internationally.

Mizuno

Market Cap: JP¥187.3b

Manufactures and sells sports products in Japan, the rest of Asia, Europe, the Americas, and Oceania.

IG Port

Market Cap: JP¥41.0b

Operates as an animation production company in Japan and internationally.

Duskin

Market Cap: JP¥174.2b

Engages in the environmental hygiene and food businesses in Japan and internationally.

Beijing Haohua Energy Resource

Market Cap: CN¥10.1b

Engages in the mining, washing, manufacturing, processing, export, and sale of coal in China.

Emei Shan TourismLtd

Market Cap: CN¥7.8b

Engages in the tourism business.

PetroVietnam Fertilizer and Chemicals Corporation - JSC

Market Cap: ₫12.9t

Produces and trades in fertilizers, liquid ammonia, industrial gas, and other chemical products for the agriculture, and oil and gas industries in Vietnam and internationally.

Changchun BCHT Biotechnology

Market Cap: CN¥9.0b

Changchun BCHT Biotechnology Co. Ltd., a biopharmaceutical company, engages in the research and development, production, and sale of human vaccines in China and internationally.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Viña Concha y Toro

Market Cap: CL$892.7b

Produces, distributes, stores, transports, and sells wines in Chile, Argentina, and the United States.

Korean Reinsurance

Market Cap: ₩1.4t

A reinsurance company, provides life and non-life reinsurance products in Korea and internationally.

Zhejiang Dun'an Artificial Environment

Market Cap: CN¥12.3b

Engages in the research and development, production, and sale of refrigeration components, refrigeration and air-conditioning equipment, and automotive thermal management systems in China and internationally.

Midi Utama Indonesia

Market Cap: Rp11.6t

Engages in the retail of consumer products in Indonesia.

China Shineway Pharmaceutical Group

Market Cap: HK$5.7b

An investment holding company, engages in the research and development, manufacture, and trade of Chinese medicines in the People’s Republic of China and Hong Kong.

Yatharth Hospital & Trauma Care Services

Market Cap: ₹49.0b

Owns and operates super-specialty hospitals in Delhi and Madhya Pradesh.

Cuscal

Market Cap: AU$488.5m

Provides payment and regulated data related products and services for financial and consumer centric institutions in Australia.

Asiainfo Security TechnologiesLtd

Market Cap: CN¥8.9b

Provides network security software in China and internationally.

Wuxi Zhenhua Auto PartsLtd

Market Cap: CN¥7.2b

Manufactures and sells auto parts in China.

Union Bank of the Philippines

Market Cap: ₱108.3b

Provides commercial banking products and services in the Philippines.