Global Undiscovered Gems With Strong Fundamentals

Greatview Aseptic Packaging

Market Cap: HK$3.5b

An investment holding company, provides packaging solutions to the liquid food industry in the People's Republic of China and internationally.

NIPPON ROAD

Market Cap: JP¥110.5b

Offers general construction, construction design, supervision, and management services in Japan and internationally.

DMSLtd

Market Cap: ₩144.8b

Engages in the manufacture and sale of FPD and renewable energy equipment in South Korea and internationally.

Fotex Holding

Market Cap: €109.5m

Through its subsidiaries, engages in the property management, manufacturing, retailing, and other business activities in Luxembourg, the Netherlands, and Hungary.

Remala Abadi

Market Cap: Rp6.3t

Operates as an internet service provider in Indonesia.

Exchange Bank (Santa Rosa CA)

Market Cap: US$186.9m

A community bank, provides a range of personal, commercial, and trust and investment management services in California.

Bank Audi sal

Market Cap: US$1.8b

Engages in the retail, commercial, investment, and private banking activities in Lebanon, the Middle East, North Africa, Turkey, and Europe.

Peña Verde

Market Cap: Mex$3.8b

Offers insurance and reinsurance services in Mexico, Latin America, the Caribbean, and internationally.

Compañía Minera Santa Luisa

Market Cap: S/421.7m

Engages in the development, exploration, exploitation, production, and metallurgical treatment, and marketing of mining in Peru.

Southern Peru Copper Corporation - Sucursal del Peru

Market Cap: S/4.0b

Engages in the mining, milling, and floatation of ore to produce copper concentrates.

Grupo Palacio de Hierro. de

Market Cap: Mex$15.9b

Operates department stores in Mexico.

Leche Gloria

Market Cap: S/3.1b

Produces and sells milk and other dairy products in Peru, Bolivia, Ecuador.

Banco de Occidente

Market Cap: Col$3.2t

Provides banking products and services for individuals and businesses in Colombia.

Croatia osiguranje d.d

Market Cap: €1.0b

Engages in the non-life and life insurance, and reinsurance businesses in the Republic of Croatia, Slovenia, territory of Northern Macedonia, Bosnia and Herzegovina, and Serbia.

Pradiksi Gunatama

Market Cap: Rp22.1t

Operates as an oil palm plantation company in Indonesia.

Smart-Core Holdings

Market Cap: HK$829.1m

An investment holding company, distributes integrated circuits and other electronic components in the Hong Kong, People’s Republic of China, Singapore, Japan, and internationally.

Ton Yi Industrial

Market Cap: NT$28.5b

Engages in the manufacturing and sale of tin plates packaging material in Taiwan, Mainland China, and internationally.

Hwaxin EnvironmentalLtd

Market Cap: CN¥3.4b

Provides solid waste resource utilization, treatment, and disposal services.

Sri Lotus Developers and Realty

Market Cap: ₹90.8b

Develops residential and commercial premises in Mumbai.

Chubu-Nippon Broadcasting

Market Cap: JP¥21.7b

Through its subsidiaries, engages in the television and radio broadcasting businesses in Japan and internationally.

Vontron Technology

Market Cap: CN¥5.8b

Researches, develops, manufactures, and sells separation membranes and related materials in China and internationally.

Steelcast

Market Cap: ₹21.8b

Manufactures and sells steel and alloy castings in India.

Dalian Insulator Group

Market Cap: CN¥3.9b

Engages in the research, development, manufacture, and sale of porcelain insulators in China and internationally.

Argus (Shanghai) Textile ChemicalsLtd

Market Cap: CN¥3.8b

Argus (Shanghai) Textile Chemicals Co.,Ltd.

Wuxi Hongsheng Heat Exchanger Manufacturing

Market Cap: CN¥4.5b

Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd.

X-Legend Entertainment

Market Cap: NT$6.1b

Develops, publishes, and markets gaming software.

Shenzhen Longood Intelligent ElectricLTD

Market Cap: CN¥3.9b

Designs, manufactures, sells, and services smart controllers and power supplies products.

Zhejiang Dehong Automotive Electronic & Electrical

Market Cap: CN¥5.0b

Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd.

Kente Catalysts

Market Cap: CN¥3.9b

Develops, produces, and sells quaternary ammonium (phosphonium) compounds.

HeNan Splendor Science & Technology

Market Cap: CN¥4.4b

HeNan Splendor Science & Technology Co., Ltd.

Shriram Properties

Market Cap: ₹15.2b

Operates as a real estate development company in India.

Winstech Precision Holding

Market Cap: CN¥4.0b

Engages in stamping, welding, and assembly of precision automobile stamping dies and auto parts for the automotive industry.

Afcom Holdings

Market Cap: ₹23.7b

Provides air cargo services in Asian Countries.

Ya Horng Electronic

Market Cap: NT$5.1b

Manufactures and sells audio products, household appliances, and healthcare products in Taiwan, the United States, Japan, France, and internationally.

Bank of Kaohsiung

Market Cap: NT$21.1b

Provides various banking products and services.

Fameglow Holdings

Market Cap: HK$1.7b

An investment holding company, provides non-surgical medical aesthetic services in Hong Kong.