Chinese High Return On Equity, Low Debt

Kweichow Moutai

Market Cap: CN¥1.8t

Produces and sells liquor products in China and internationally.

Zhongji Innolight

Market Cap: CN¥634.0b

Engages in the design, research and development, production, and sales optical communication transceiver modules and optical devices in China.

Sungrow Power Supply

Market Cap: CN¥306.7b

Researches, develops, produces, sells, and services of new energy power equipment in solar, wind, energy storage, hydrogen, electric vehicles, and charging infrastructure.

Suzhou TFC Optical Communication

Market Cap: CN¥272.1b

Provides optical communication devices in Mainland China and internationally.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥193.4b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Hithink RoyalFlush Information Network

Market Cap: CN¥174.1b

Hithink RoyalFlush Information Network Co., Ltd.

Eastroc Beverage (Group)

Market Cap: CN¥132.6b

Engages in the manufacturing and distribution of beverages in China, Vietnam, and Malaysia.

Ningbo Deye Technology Group

Market Cap: CN¥104.3b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hong Kong, Germany, India, and internationally.

Focus Media Information Technology

Market Cap: CN¥99.2b

Focus Media Information Technology Co., Ltd.

Yutong BusLtd

Market Cap: CN¥67.0b

Manufactures and sells buses and coaches in China and internationally.

Neway Valve (Suzhou)

Market Cap: CN¥44.9b

Researches, develops, produces, and sells industrial valves in the People’s Republic of China and internationally.

Shanghai Allist Pharmaceuticals

Market Cap: CN¥40.9b

A pharmaceutical company, engages in the research and development of tumor-targeted drugs in China.

Zhejiang Supor

Market Cap: CN¥34.9b

Engages in research and development, production, and distribution of kitchen utensils, stainless steel products, daily hardware, small domestic appliances, and cookware in China and internationally.

L&K Engineering (Suzhou)Ltd

Market Cap: CN¥30.5b

Provides specialized engineering technical services in China.

Xiamen Amoytop Biotech

Market Cap: CN¥30.1b

Engages in research, development, production, and sale of recombinant protein drugs in China and internationally.

Tianjin Pharmaceutical Da Ren Tang Group

Market Cap: CN¥28.7b

Engages in the research, development, processing, manufacturing, and sale of traditional Chinese medicine in China.

Shenyang Xingqi PharmaceuticalLtd

Market Cap: CN¥17.3b

Engages in the research and development, production, and sale of ophthalmic medications in the People’s Republic of China.

YanKer shop FoodLtd

Market Cap: CN¥17.0b

Researches and develops, produces, and sells leisure food products in China and internationally.

Fujian Aonong Biological Technology Group Incorporation

Market Cap: CN¥10.8b

Engages in the feed, pig farming, food, supply chain services, and other businesses in China and internationally.

Guangdong TCL Smart Home Appliances

Market Cap: CN¥10.5b

Guangdong TCL Smart Home Appliances Co., Ltd.

Jiangsu Zhengdan Chemical Industry

Market Cap: CN¥10.2b

Jiangsu Zhengdan Chemical Industry Co., Ltd.

Guizhou Zhongyida

Market Cap: CN¥9.2b

Produces and sells fine chemical products in the People’s Republic of China.

Zhejiang Cayi Vacuum Container

Market Cap: CN¥8.5b

Engages in the research, development, design, production, and sale of beverage and food containers of various materials in China and internationally.

Shenzhen Bingchuan NetworkLtd

Market Cap: CN¥7.6b

Operates as an online gaming company in China and internationally.

Shanghai Action Education TechnologyLTD

Market Cap: CN¥5.7b

Shanghai Action Education Technology CO.,LTD.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥5.2b

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