Global Undiscovered Gems With Strong Fundamentals

KSKLtd

Market Cap: JP¥19.9b

Engages in the LSI, software, hardware, customer service, and data entry businesses.

Shanghai Kaytune IndustrialLtd

Market Cap: CN¥2.4b

Provides e-commerce and customer relationship management services to enterprises.

Zhejiang Langdi Group

Market Cap: CN¥2.9b

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

Trigold Holdings

Market Cap: NT$6.1b

Through its subsidiaries, sells computers and its peripherals in Taiwan and China.

Tanabe Engineering

Market Cap: JP¥22.3b

Engages in plant construction and machinery production activities in Japan.

Hyundai Hyms

Market Cap: ₩615.7b

Manufactures and sells shipbuilding equipment in South Korea.

Solareast Holdings

Market Cap: CN¥8.1b

Engages in the research and development, production, and sales of water heaters, kitchen appliances, clean energy heating, water purification, and other businesses in China and internationally.

Kiyo Bank

Market Cap: JP¥156.6b

Provides various banking products and services to individuals, corporates, and business customers in Japan.

Asahi Kogyosha

Market Cap: JP¥54.1b

Primarily engages in the air-conditioning and sanitation installation works in Japan.

SYNergy ScienTech

Market Cap: NT$4.7b

Engages in the research, development, manufacture, and sale of rechargeable lithium-ion and lithium-ion polymer batteries in Taiwan, rest of Asia, the Americas, and Europe.

Qingdao Foods

Market Cap: CN¥2.7b

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

Premier Explosives

Market Cap: ₹25.8b

Manufactures and sells high energy materials and allied products in India and internationally.

GRÁNIT Bank Zártköruen Muködo Részvénytársaság

Market Cap: Ft245.1b

Operates as a commercial bank in Hungary.

Jaya Real Property

Market Cap: Rp9.1t

Operates as a property development, management, and investment company in Indonesia.

Trinity Industrial

Market Cap: JP¥18.2b

Designs, manufactures, sells, and installs coating plants, machinery, and industrial equipment in Japan.

Yamax

Market Cap: JP¥14.6b

Engages in the manufacture and sale of concrete and cement products for the construction and civil engineering projects in Japan.

Tsurumi ManufacturingLtd

Market Cap: JP¥83.3b

Produces, purchases, imports, exports, sells, and leases submersible pumps and peripheral equipment worldwide.

Jindal Poly Investment and Finance

Market Cap: ₹9.5b

Engages in investment activities in India.

Société de Therapeutique Marocaine

Market Cap: د.م9.4b

A pharmaceutical company, engages in the manufacturing and sale of medicines in Morocco.

Associated Capital Group

Market Cap: US$764.8m

Provides investment advisory services in the United States.

CELSYS

Market Cap: JP¥45.5b

Engages in content creation solutions business in Japan.

Wuling Motors Holdings

Market Cap: HK$1.4b

An investment holding company, engages in trading and manufacturing of automotive components, engines, and specialized vehicles in the People's Republic of China.

Alpine Banks of Colorado

Market Cap: US$472.8m

Provides banking products and services to individuals and businesses.

ShenZhen GAD Environmental Technology

Market Cap: CN¥1.8b

ShenZhen GAD Environmental Technology Co., Ltd.

MEISEI INDUSTRIALLtd

Market Cap: JP¥68.9b

Operates as a construction works company in Japan and internationally.

Aotecar New Energy Technology

Market Cap: CN¥8.1b

Engages in the research and development, design, manufacture, and sale of automotive AC compressors and HVAC systems.

HwaCom Systems

Market Cap: NT$3.2b

Provides digital media, smart applications, cybersecurity, and information and communication technology solutions in Taiwan and internationally.

NSL

Market Cap: S$272.7m

An investment holding company, engages in the manufacture and sale of building materials in Singapore, Malaysia, the United Arab Emirates, Finland, Norway, Germany, and internationally.

VIEL & Cie société anonyme

Market Cap: €874.7m

An investment company, provides interdealer broking, online trading, and private banking services in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region.

Indo Thai Securities

Market Cap: ₹20.7b

Engages in the stock and share broking, depository participants, and other related ancillary businesses in India.

Innovation HoldingsLTD

Market Cap: JP¥16.1b

Engages in the subleasing of store properties in Japan.

Netronix

Market Cap: NT$8.8b

Designs and manufactures network and e-Reader products in Taiwan and internationally.

Jeju Bank

Market Cap: ₩328.4b

Engages in the provision of commercial banking products and services in South Korea.

ISB

Market Cap: JP¥15.9b

Engages in the provision of embedded software development services for mobile, medical, and automotive applications in Japan.

Crescendo Corporation Berhad

Market Cap: RM 993.0m

An investment holding company, invests in, develops, constructs, and manages properties in Malaysia.

Zhejiang Yasha DecorationLtd

Market Cap: CN¥4.9b

Engages in the building decoration, curtain wall decoration, intelligent system integration, and other businesses.