Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Southern Michigan Bancorp

Market Cap: US$115.3m

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.

Procimmo Group

Market Cap: CHF 369.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Sure Global Tech

Market Cap: ر.س422.7m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Lan Fa Textile

Market Cap: NT$3.7b

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

Wan Hwa Enterprise

Market Cap: NT$5.0b

Engages in the rental of commercial buildings in Taiwan.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ703.8m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Uniplus Electronics

Market Cap: NT$5.3b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

Lucky Cement

Market Cap: NT$6.1b

Manufactures and sells cement, stone, and other cement-related products in the People’s Republic of China.

Gulf Insurance Group - Jordan

Market Cap: د.أ88.9m

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

Maxigen Biotech

Market Cap: NT$3.6b

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

Bonny Worldwide

Market Cap: NT$8.1b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods in China.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹76.7b

Produces and sells fertilizers and chemicals in India.

Sesoda

Market Cap: NT$7.6b

Manufactures and markets sulfate of potash (SOP) in Taiwan.

New Asia Construction & Development

Market Cap: NT$3.3b

Provides public construction services for governments in Taiwan.

AblePrint Technology

Market Cap: NT$28.6b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

Johnson Chemical Pharmaceutical Works

Market Cap: NT$3.1b

Johnson Chemical Pharmaceutical Works Co., Ltd.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

Te Chang Construction

Market Cap: NT$6.9b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Praise Victor Industrial

Market Cap: NT$9.9b

Designs, produces, and trades in polyurethanes (PU) materials.

Najran Cement

Market Cap: ر.س1.3b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Huang Hsiang Construction

Market Cap: NT$15.8b

Engages in development of residential and commercial properties.

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Triocean Industrial Corporation

Market Cap: NT$4.7b

Engages in the construction business in Taiwan.

Savior Lifetec

Market Cap: NT$5.5b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.

Top Union Electronics

Market Cap: NT$4.7b

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

104

Market Cap: NT$7.5b

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

Anpec Electronics

Market Cap: NT$17.0b

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

Sinopower Semiconductor

Market Cap: NT$4.1b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

Lumax International

Market Cap: NT$9.6b

Provides electronic components and program-controlled instruments in Taiwan and China.

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

Tait Marketing & Distribution

Market Cap: NT$4.3b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Dong Fang Offshore

Market Cap: NT$38.5b

Provides offshore maritime solutions.

Soft-World International

Market Cap: NT$15.6b

Develops, operates, and distributes games in Taiwan and China.

Qassim Cement

Market Cap: ر.س4.6b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Brillian Network & Automation Integrated System

Market Cap: NT$8.9b

Brillian Network & Automation Integrated System Co.