Chinese Materials Undervalued Dividend Payers

Tianshan Aluminum GroupLtd

Market Cap: CN¥83.8b

Produces and sells primary aluminum, alumina, prebaked anodes, high-purity aluminum, and aluminum deep-processed products and materials in China and internationally.

Citic Pacific Special Steel Group

Market Cap: CN¥79.7b

CITIC Pacific Special Steel Group Co., Ltd manufactures and sells steel materials in China.

Shandong Nanshan AluminiumLtd

Market Cap: CN¥78.3b

Shandong Nanshan Aluminium Co.,Ltd. is involved in the aluminum processing activity worldwide.

Western MiningLtd

Market Cap: CN¥75.9b

Engages in the mining, smelting, and trading of metals in Mainland China and internationally.

Satellite ChemicalLtd

Market Cap: CN¥75.2b

A low-carbon chemical company, manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally.

Henan Shenhuo Coal Industry and Electricity Power

Market Cap: CN¥70.1b

Henan Shenhuo Coal Industry and Electricity Power Co.

Yunnan Yuntianhua

Market Cap: CN¥64.7b

Manufactures and sells phosphate and nitrogen fertilizers and formaldehyde copolymers in China.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥28.9b

Engages in the research, design, development, production, and sale of paper printing and packaging products in China and internationally.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥14.3b

Produces and sells environmentally friendly furniture panels in China and internationally.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.4b

Produces and sells solid content, water-based solvent free, and special function coating products in China.