Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Lan Fa Textile

Market Cap: NT$3.7b

Engages in the manufacture and sale of polyester textured yarn in Taiwan.

Tokyo Tekko

Market Cap: JP¥48.3b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

Top Union Electronics

Market Cap: NT$4.4b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

Nanfang Ventilator

Market Cap: CN¥5.1b

Designs and manufactures HVAC products in China.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.2b

Hangzhou Xili Intelligent Technology Co.,Ltd.

GakkyushaLtd

Market Cap: JP¥25.0b

Manages cram schools that offers entrance exams guidance to junior high schools, high schools, and universities in Japan and internationally.

Daphne International Holdings

Market Cap: HK$870.6m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

E J Holdings

Market Cap: JP¥29.6b

Through its subsidiaries, engages in the civil engineering consultant business in Japan and internationally.

Tech Semiconductors

Market Cap: CN¥8.5b

Engages in the development, manufacture, and sale of power semiconductor devices in China.

An Phat Bioplastics

Market Cap: ₫3.4t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

Center International GroupLtd

Market Cap: CN¥6.9b

Provides building metal enclosure systems solutions in China.

VICOM

Market Cap: S$574.4m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

ITCENGLOBAL

Market Cap: ₩476.9b

Provides consulting, ICT, and outsourcing services and solutions in South Korea.

Lion Rock Group

Market Cap: HK$1.1b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

Shindaeyang Paper

Market Cap: ₩428.2b

Engages in the production and sale of corrugated cardboard base paper.

Xinya Electronic

Market Cap: CN¥7.2b

Manufactures and sells wires and cables in China and internationally.

Suzhou Fengbei Biotech Stock

Market Cap: CN¥6.2b

Manufactures and sells resource-based products from utilization of natural oil and fat resources in China.

Hospital Corporation of China

Market Cap: HK$819.0m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Soliton Systems K.K

Market Cap: JP¥35.7b

A technology company, provides IT security-related and embedded systems in Japan and internationally.

GDEP ADVANCEInc

Market Cap: JP¥16.5b

Engages in the system incubation business in Japan.

Konishi

Market Cap: JP¥81.8b

Manufactures and sells synthetic adhesives in Japan.

HG Metal Manufacturing

Market Cap: S$134.6m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Korea Ratings

Market Cap: ₩441.6b

Provides credit rating and business valuation services in South Korea.

Taiyo KagakuLtd

Market Cap: JP¥39.3b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Kappa Create

Market Cap: JP¥75.0b

Engages in the management of restaurants in Japan.

Jiangyin Haida Rubber And Plastic

Market Cap: CN¥5.8b

Jiangyin Haida Rubber And Plastic Co., Ltd.

Palasino Holdings

Market Cap: HK$1.9b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

PAN Group

Market Cap: ₫5.8t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Southeast Asia Commercial Bank

Market Cap: ₫50.4t

Provides retail and corporate banking products and services in Vietnam.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥4.5b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Uju Holding

Market Cap: HK$2.4b

An investment holding company, provides digital marketing services and live-streaming e-commerce in the People’s Republic of China.

104

Market Cap: NT$7.4b

Engages in the information technology, general advertising, employment, and human resource consultancy services in Taiwan and internationally.

Apacer Technology

Market Cap: NT$12.3b

Researches, designs, develops, manufactures, processes, maintains, and sells memory modules and storage memory devices in Hong Kong, Taiwan, Mainland China, the Americas, Japan, and internationally.

Menthobi Karyatama Raya

Market Cap: Rp1.8t

Engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia.