Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Oxford Bank

Market Cap: US$104.0m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Cyprus Cement

Market Cap: €172.1m

Engages in the production and sale of cement and related businesses in Cyprus.

MAPFRE Middlesea

Market Cap: €130.6m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Tchaikapharma High Quality Medicines AD

Market Cap: €891.9m

Develops, manufactures, and sells medicines in Bulgaria.

Tri-County Financial Group

Market Cap: US$127.1m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

Sichuan Zigong Conveying Machine Group

Market Cap: CN¥6.5b

Sichuan Zigong Conveying Machine Group Co., Ltd.

TSTE

Market Cap: ฿4.1b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Xizang Gaozheng Civil Explosives

Market Cap: CN¥9.0b

Xizang Gaozheng Civil Explosives Co., Ltd.

Bonraybio

Market Cap: NT$4.1b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Namibia Breweries

Market Cap: R6.6b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Joyce

Market Cap: AU$174.2m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

PharmaResources (Shanghai)

Market Cap: CN¥5.6b

Engages in new drug research, development, and commercial production in China.

3B Blackbio Dx

Market Cap: ₹11.2b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Guangdong Brandmax MarketingLtd

Market Cap: CN¥4.6b

Provides technology-driven new scene experience marketing services in China and internationally.

Rongfeng Holding GroupLtd

Market Cap: CN¥2.1b

Engages in the real estate development, commercial housing sales, and property management.

Mulpha International Bhd

Market Cap: RM 912.4m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Anpec Electronics

Market Cap: NT$17.2b

Engages in the design, testing, production, and marketing of mixed-signal power chips and sensors in Taiwan and internationally.

Suzhou Sepax Technologies

Market Cap: CN¥8.9b

A high-tech company, engages on the research, development, production, and sale of liquid chromatography materials and technologies worldwide.

Shanghai Mobitech TechnologyLtd

Market Cap: CN¥3.9b

Shanghai Mobitech Technology Co., Ltd. engages in the manufacture and sale of manufactures and sells automotive sports parts in China and internationally.

Danang Port

Market Cap: ₫3.0t

Offers port services in Vietnam.

Nigerian Aviation Handling

Market Cap: ₦428.8b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Poly Plastic Masterbatch (SuZhou)Ltd

Market Cap: CN¥9.9b

Engages in the research and development, production, and sale of chemical fiber solution colorings and advanced functional modified materials in China and internationally.

Zhejiang Jinghua Laser TechnologyLtd

Market Cap: CN¥4.2b

Develops, manufactures, and sells laser holographic molded products.

WAM Strategic Value

Market Cap: AU$212.5m

Invests in discounted assets.

Saha-Union

Market Cap: ฿7.9b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Jinghua Pharmaceutical Group

Market Cap: CN¥6.1b

Engages in the research and development, manufacture, and sale of APIs and pharmaceutical intermediates in China.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥5.0b

Engages in the research, development, manufacture, and sale of chain transmission systems in China and internationally.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥3.6b

Nanjing Well Pharmaceutical Group Co.,Ltd.

Upbest Group

Market Cap: HK$1.7b

An investment holding company, provides financial services in Hong Kong, Macau, and the People’s Republic of China.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Nanfang Ventilator

Market Cap: CN¥7.0b

Engages in the research and development, production and sale of ventilation and air handling systems in China.

Powertip Image

Market Cap: NT$4.5b

Manufactures and sells electronic components and optical instruments in Mainland China, Taiwan, and internationally.

Baazeem Trading

Market Cap: ر.س576.1m

Operates as a FMCG distribution company.

East West Banking

Market Cap: ₱30.3b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.