Global Undiscovered Gems With Strong Fundamentals

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥3.4b

Qingdao Choho Industrial Co., Ltd. develops, manufactures, and sells automobile chains worldwide.

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.

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥6.7b

Jiangxi Jiangnan New Material Technology Co., Ltd.

Fortune Mate Indonesia

Market Cap: Rp2.5t

Provides real estate development and construction services in Indonesia.

Brillian Network & Automation Integrated System

Market Cap: NT$8.1b

Brillian Network & Automation Integrated System Co.

Jih Lin Technology

Market Cap: NT$4.6b

Manufactures and sells lead frames and tooling products in Taiwan, China, and internationally.

KinjiroLtd

Market Cap: JP¥17.6b

Provides human resource management (HRM) solution services.

Imuraya Group

Market Cap: JP¥30.8b

Manufactures and sells various food products in Japan and internationally.

Anhui Wanyi Science and TechnologyLtd

Market Cap: CN¥2.8b

AnHui Wanyi Science and Technology Co.,Ltd.

Master Trust

Market Cap: ₹17.9b

Provides financial services in India.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Capricorn Group

Market Cap: R10.9b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Jadranski naftovod d.d

Market Cap: €826.3m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Changjiu Holdings

Market Cap: HK$1.2b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

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.

Shanghai Guangdian Electric Group

Market Cap: CN¥3.2b

Shanghai Guangdian Electric Group Co., Ltd.

Alembic

Market Cap: ₹29.7b

Engages in real estate business in India and internationally.

Hua Na Hydropower

Market Cap: ₫5.8t

Engages in the electricity generation activities.

CTCI Advanced Systems

Market Cap: NT$3.3b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

Amanat Holdings PJSC

Market Cap: د.إ2.6b

Engages in the investment in companies and enterprises in the fields of education and healthcare in the United Arab Emirates and internationally.

Enviro Infra Engineers

Market Cap: ₹38.5b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Soft-World International

Market Cap: NT$15.2b

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

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.1b

Hangzhou Xili Intelligent Technology Co.,Ltd.

JHT DesignLtd

Market Cap: CN¥4.4b

Engages in research, development, production, and sale of semiconductor chip testing equipment in China.

Billion Industrial Holdings

Market Cap: HK$9.7b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

ShareHope Medicine

Market Cap: NT$3.5b

Provides integrated medical services in Taiwan.

S.A.S. Dragon Holdings

Market Cap: HK$2.5b

An investment holding company, provides electronic supply chain services in Hong Kong, Mainland China, Taiwan, the United States, Vietnam, Singapore, Macao, and internationally.

Yukiguni Factory

Market Cap: JP¥43.2b

Manufactures and sells mushrooms and other processed food in Japan.

Vidhi Specialty Food Ingredients

Market Cap: ₹21.1b

Engages in manufacture and trading of synthetic food colors.

Tibet Development

Market Cap: CN¥2.2b

Engages in the production and sale of beer in China.

Indo Tech Transformers

Market Cap: ₹21.3b

Manufactures and distributes transformers in India and internationally.

Hubei Three Gorges Tourism Group

Market Cap: CN¥3.8b

Hubei Three Gorges Tourism Group Co., Ltd.

Hayleys

Market Cap: LK₨121.1b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Bharat Rasayan

Market Cap: ₹37.3b

Manufactures and sells technical grade pesticides and intermediates in India.