Global Undiscovered Gems With Strong Fundamentals

Anhui Huamao Textile

Market Cap: CN¥4.2b

Produces and sells textile products in China.

Edan Instruments

Market Cap: CN¥7.4b

Engages in the research, development, manufacture, and service of medical electronic equipment and in vitro diagnostic products in China and internationally.

Daqing Huake

Market Cap: CN¥2.3b

Develops, produces, and sells petrochemicals and fine chemicals in China.

Motisons Jewellers

Market Cap: ₹18.8b

Engages in the manufacture and retail of jewelry in India.

Wuhan Tianyuan Group

Market Cap: CN¥9.7b

Provides environmental treatment services.

Haleon Pakistan

Market Cap: PK₨100.7b

Engages in the manufacture, marketing, and sale of consumer healthcare products in Pakistan, rest of Asia, Africa, Australia, North America, the Middle East, and Europe.

HF Group

Market Cap: KSh18.1b

Through its subsidiaries, engages in the mortgage lending, banking, property development, and bancassurance businesses in Kenya.

D. P. Abhushan

Market Cap: ₹35.9b

Engages in the manufacturing, sale, and trading of gold, diamond, platinum, silver, and other precious metals and ornaments in India.

STL Technology

Market Cap: NT$11.1b

Provides lithium-ion management solutions in Taiwan.

Qingdao Foods

Market Cap: CN¥2.9b

Engages in the production and sale of biscuits and other baked food in China.

Sinomach General Machinery Science & TechnologyLtd

Market Cap: CN¥2.6b

Sinomach General Machinery Science & Technology Co.,Ltd.

Beta Drugs

Market Cap: ₹18.9b

Develops, manufactures, and sells anti-cancer drugs in India.

G&E Herbal Biotechnology

Market Cap: NT$3.4b

Engages in development and commercialization of novel botanical extraction technology and products.

WPIL

Market Cap: ₹41.8b

Engages in designing, developing, manufacturing, erecting, commissioning, and servicing pumps and pumping systems in India and internationally.

Oriental Hotels

Market Cap: ₹24.5b

Owns, operates, and manages hotels and resorts in India and Hong Kong.

Jakarta Setiabudi Internasional

Market Cap: Rp9.3t

Engages in the hospitality and property businesses in Indonesia.

C Sun Mfg

Market Cap: NT$30.7b

Provides various processing equipment in Taiwan, China, and internationally.

RPG Life Sciences

Market Cap: ₹38.4b

An integrated pharmaceutical company, develops, manufactures, and markets branded formulations, generic, and synthetic active pharmaceutical ingredients (APIs) in India and internationally.

Ta Liang Technology

Market Cap: NT$18.8b

Engages in the manufacturing of semiconductor inspection, PCB routing and drilling machines, resin panel cutters, CNC engraving and milling machines, and glass panel processing machines in Taiwan.

Zhejiang Langdi Group

Market Cap: CN¥3.6b

Manufactures and sells household air conditioning wheels, mechanical fans, and polymer composite materials in China.

Changan Minsheng APLL Logistics

Market Cap: HK$858.8m

Provides supply chain management services for automobiles and automobile raw materials, components, and parts in China.

Shanghai Automobile Air-Conditioner Accessories

Market Cap: CN¥5.4b

Shanghai Automobile Air-Conditioner Accessories Co., Ltd.

Yamagata Bank

Market Cap: JP¥50.1b

Provides various banking products and services in Japan.

Dynacons Systems & Solutions

Market Cap: ₹12.5b

Provides IT solutions in India and internationally.

SmarTone Telecommunications Holdings

Market Cap: HK$5.1b

An investment holding company, provides telecommunication services in Hong Kong.

Qinqin Foodstuffs Group (Cayman)

Market Cap: HK$913.3m

An investment holding company, engages in manufacturing, distributing, and selling food and snacks products in the People's Republic of China.

InabataLtd

Market Cap: JP¥184.7b

Provides solutions and services for information and electronics, chemicals, life industry, and plastics businesses in Japan and internationally.

Rishabh Instruments

Market Cap: ₹16.0b

Engages in the design, development, and manufacturing of global energy efficiency solutions in electrical automation, measurement, and industrial technology in Asia, the United States, Poland, other European countries, and internationally.

Rashtriya Chemicals and Fertilizers

Market Cap: ₹82.2b

Manufactures, markets, and sells fertilizers and industrial chemicals in India.

Jiangsu Newamstar Packaging MachineryLtd

Market Cap: CN¥2.7b

Engages in the research and development, manufacturing, and sale of beverage packaging machinery in China and internationally.

Shenzhen Injoinic TechnologyLtd

Market Cap: CN¥9.0b

An IC design company, designs, develops, manufactures, and sells digital-analog hybrid chips.

Cisen Pharmaceutical

Market Cap: CN¥11.5b

Research, develops, produces, and sells drug products in China and internationally.

Wangli Security & Surveillance Product

Market Cap: CN¥4.6b

Engages in the research, development, manufacturing, sells, and service of safety doors and security door locks.

Ningbo TIP Rubber TechnologyLtd

Market Cap: CN¥6.3b

Focuses on the research and development, production, and sale of automotive polymers fluid piping systems, and sealing system parts and assemblies.

Keepers Holdings

Market Cap: ₱38.0b

An investment holding company, engages in the liquor, wine, and specialty beverage distribution business in the Philippines.

I-Net

Market Cap: JP¥27.0b

Provides information processing and system development services, sells system equipment.