Global Undiscovered Gems With Strong Fundamentals

Hefei Hengxin Life Science and Technology

Market Cap: CN¥5.8b

Hefei Hengxin Life Science and Technology Co., Ltd.

Glorious Sun Enterprises

Market Cap: HK$1.9b

An investment holding company, engages in interior decoration and renovation business in Mainland China, Hong Kong, Australia, New Zealand, Canada, the United States, and internationally.

Sinohealth Holdings

Market Cap: HK$1.3b

Provides healthcare insight solutions for sales and marketing needs of medical product manufacturer clients in Mainland China, Netherland, England, Hong Kong, Singapore and internationally.

Univanich Palm Oil

Market Cap: ฿8.6b

Engages in the oil palm plantations, crushing mills, and oil palm research and seed businesses in Thailand and the Philippines.

Indonesia Fibreboard Industry

Market Cap: Rp2.3t

Engages in the wood processing industry in Indonesia, Japan, the Middle East, and internationally.

Shandong New Beiyang Information Technology

Market Cap: CN¥5.4b

Shandong New Beiyang Information Technology Co., Ltd.

Bank of Baroda (Uganda)

Market Cap: USh405.0b

Provides commercial banking services in Uganda.

Rich Honour International Designs

Market Cap: NT$4.0b

Rich Honour International Designs Co., Ltd.

Bank Raya Indonesia

Market Cap: Rp5.4t

Provides financial services in Indonesia.

Morepen Laboratories

Market Cap: ₹30.8b

Develops, manufactures, markets, and sells active pharmaceutical ingredients (APIs), formulations, and home health products in India, the United States, and internationally.

Desiccant Technology

Market Cap: NT$5.7b

Manufactures and sells industrial dehumidification, drying, and pollution control equipment in Taiwan and China.

Radhika Jeweltech

Market Cap: ₹9.8b

Engages in the manufacture and retail of jewelry in India.

Teemsun TechnologyLtd

Market Cap: CN¥8.3b

A weapons and equipment company, engages in the research and development, production, sale, and service of infrared thermal imaging and other optoelectronics equipment.

India Tourism Development

Market Cap: ₹45.3b

Operates in the travel, tourism, and hospitality industry in India.

Holy Stone EnterpriseLtd

Market Cap: NT$14.1b

Manufactures and sells of multi-layer ceramic capacitors (MLCC) under the IHHEC brand name in Taiwan, China, the United States, and internationally.

IST

Market Cap: ₹9.3b

Engages in the manufacture and sale of auto components in India.

Hyundai Everdigm

Market Cap: ₩153.4b

Produces and sells construction and mining equipment, and rescue products in South Korea and internationally.

Kuen Ling Machinery Refrigerating

Market Cap: NT$3.7b

Kuen Ling Machinery Refrigerating Co., Ltd.

Horng Terng Automation

Market Cap: NT$6.8b

Engages in the development of LED and solar application equipment.

Wuxi New Hongtai Electrical TechnologyLtd

Market Cap: CN¥4.1b

Engages in the research, development, production, and sale of components of circuit breakers, low-voltage circuit breakers, and knife-melt switches in China.

Allmind Holdings

Market Cap: NT$4.4b

Develops and rents house and building in Taiwan.

Ever Glory United Holdings

Market Cap: S$145.6m

An investment holding company, provides mechanical and electrical engineering services for both the public and private sectors in Singapore.

Sungei Bagan Rubber Company (Malaya) Berhad

Market Cap: RM 543.7m

Produces and sells fresh oil palm fruit bunches in Malaysia.

Nasu Denki-Tekko

Market Cap: JP¥15.5b

Manufactures and sells steel towers, steel structures, transportation system materials, overhead wire hardware products, and underground wire materials in Japan.

Advait Energy Transitions

Market Cap: ₹12.5b

Provides products and solutions for power transmission, substation, and telecommunication infrastructure sectors in India and internationally.

Whirlpool China

Market Cap: CN¥7.8b

Engages in the research, development, procurement, production, and sale of kitchen appliances in China and internationally.

MKH Oil Palm (East Kalimantan) Berhad

Market Cap: RM 640.3m

An investment holding company, engages in cultivation of oil palm.

China Vered Financial Holding

Market Cap: HK$2.5b

An investment holding company, provides asset management, consultancy, financing, and securities advisory and brokerage services in Hong Kong, Mainland China, Japan, and Canada.

Elridge Energy Holdings Berhad

Market Cap: RM 1.2b

An investment holding company, engages in the manufacture and trading of biomass fuel products in Malaysia, Singapore, Indonesia, Japan, and Thailand.

Browns Investments

Market Cap: LK₨110.6b

Engages in the plantation management, agriculture, leisure, and construction sectors in Sri Lanka.

J-Oil Mills

Market Cap: JP¥66.8b

Produces and sells edible oils in Japan.

Zhejiang Guanghua TechnologyLtd

Market Cap: CN¥2.8b

Engages in the research and development of polyester resins for powder coating in China.

Elegant Home-Tech

Market Cap: CN¥2.6b

Engages in the research and development, production, and sales of polyvinyl chloride (PVC) elastic floorings in China and internationally.

Kilburn Engineering

Market Cap: ₹18.3b

Designs, manufactures, supplies, installs, and commissions customized process equipment for various applications in India and internationally.

Naim Holdings Berhad

Market Cap: RM 470.7m

An investment holding company, engages in the property development and construction businesses in Malaysia and Fiji.

Zhejiang Truelove Vogue

Market Cap: CN¥4.4b

Research and development, designs, manufactures, and sells blankets in China.