Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

Nigerian Aviation Handling

Market Cap: ₦216.3b

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

ANSA Merchant Bank

Market Cap: TT$3.3b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Tibet TourismLtd

Market Cap: CN¥5.9b

Engages in the tourism, attractions, services, and commerce business in China.

Morris State Bancshares

Market Cap: US$260.9m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

Southern Michigan Bancorp

Market Cap: US$107.5m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Gulf Insurance Group - Jordan

Market Cap: د.أ96.7m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

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

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Oswal Greentech

Market Cap: ₹11.3b

Develops real estate projects in India.

Oakworth Capital

Market Cap: US$159.8m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Evergent Investments

Market Cap: RON 1.4b

A publicly owned investment manager.

Maxigen Biotech

Market Cap: NT$4.0b

Researches, develops, produces, and sells implantable medical devices and cosmetic products in Taiwan, America, Europe, rest of Asia, and internationally.

Machvision

Market Cap: NT$27.7b

Develops and sells machine vision systems for semiconductor and printed circuit board (PCB) industry in Taiwan.

Izmir Firça Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺11.2b

Produces and sells various cleaning materials and painting brushes in Turkey and internationally.

Silvery Dragon Prestressed MaterialsLTD Tianjin

Market Cap: CN¥7.0b

Manufactures and sells prestressed steel products in China and internationally.

Fortune Mate Indonesia

Market Cap: Rp2.4t

Provides real estate development and construction services in Indonesia.

Hind Rectifiers

Market Cap: ₹32.8b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

AIC

Market Cap: NT$14.0b

Provides OEM/ODM, commercial off-the-shelf, and server and storage solutions in the United States, Asia, and Europe.

Orient Pharma

Market Cap: NT$7.8b

Engages in the research and development, manufacturing, and sales of drugs in Taiwan and internationally.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.2b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Wuhan Huakang Century Clean Technology

Market Cap: CN¥3.1b

Wuhan Huakang Century Clean Technology Co., Ltd.

ShenZhen QiangRui Precision Technology

Market Cap: CN¥6.4b

ShenZhen QiangRui Precision Technology Co., Ltd.

VCREDIT Holdings

Market Cap: HK$1.6b

An investment holding company, provides technology-driven consumer financial services to borrowers in the People’s Republic of China and Hong Kong.

Insolation Energy

Market Cap: ₹48.8b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

National Credit and Commerce Bank

Market Cap: ৳14.2b

Provides various commercial banking products and services in Bangladesh.

Zhe Jiang Dayang Biotech Group

Market Cap: CN¥2.7b

Operates as a chemical raw material manufacturing company in China and internationally.

104

Market Cap: NT$7.5b

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

Shenyang Yuanda Intellectual Industry GroupLtd

Market Cap: CN¥4.4b

Researches, develops, manufactures, installs, and sells elevators in China and internationally.

Jinsanjiang (Zhaoqing) Silicon Material

Market Cap: CN¥2.9b

Engages in the research and development, production, and sale of precipitated silica.

ASRock Rack Incorporation

Market Cap: NT$25.5b

Provides cloud computing server hardware products in Taiwan and internationally.

Keli Motor Group

Market Cap: CN¥11.1b

Engages in the research and development, manufacture, and sale of micro motors in China.

YAPP Automotive Systems

Market Cap: CN¥11.0b

Engages in the research and development, manufacturing, and sale and service of energy storage system products and thermal management system products.