Chinese Undervalued Dividend Payers

Henan Shenhuo Coal Industry and Electricity Power

Market Cap: CN¥69.3b

Henan Shenhuo Coal Industry and Electricity Power Co.

Shandong Nanshan AluminiumLtd

Market Cap: CN¥68.4b

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

Yunnan Yuntianhua

Market Cap: CN¥67.8b

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

Inner Mongolia Dian Tou Energy

Market Cap: CN¥65.6b

Engages in the research, production, and sale of coal products in China.

Shenzhen Transsion Holdings

Market Cap: CN¥61.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Huadong Medicine

Market Cap: CN¥61.2b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

HUAYU Automotive Systems

Market Cap: CN¥58.3b

Researches and develops, manufactures, and sells automotive parts worldwide.

Shanghai Pharmaceuticals Holding

Market Cap: CN¥56.3b

Shanghai Pharmaceuticals Holding Co., Ltd.

China National Chemical Engineering

Market Cap: CN¥53.8b

China National Chemical Engineering Co., Ltd.

Anhui Gujing Distillery

Market Cap: CN¥52.2b

Engages in the production and sale of distilled wine in the People’s Republic of China and internationally.

China Resources Sanjiu Medical & Pharmaceutical

Market Cap: CN¥49.3b

China Resources Sanjiu Medical & Pharmaceutical Co., Ltd.

CNOOC Energy Technology & Services

Market Cap: CN¥46.0b

Operates as an offshore and onshore oil and gas production company in China and internationally.

Yealink Network Technology

Market Cap: CN¥43.6b

Provides video conferencing, voice communications, and collaboration solutions worldwide.

Beijing New Building Materials

Market Cap: CN¥43.3b

Manufactures and sells building materials in China and internationally.

Sailun Group

Market Cap: CN¥41.8b

Engages in the research and development, manufacturing, and sale of tires and tire recycling products in China, Europe, the United States, Asia, Africa, and internationally.

Beijing Tongrentang

Market Cap: CN¥40.7b

Engages in the research, production, distribution, and sale of Chinese patent medicines in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥39.3b

Manufactures and sells power distribution in China and internationally.

Shenzhen New Industries Biomedical Engineering

Market Cap: CN¥39.2b

Engages in the research, development, production, and sale of clinical laboratory instruments and in vitro diagnostic reagents to hospitals in China and internationally.

Hunan Valin Steel

Market Cap: CN¥35.7b

Engages in the production and sale of ferrous and non-ferrous metal products in China.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥35.1b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Sany Renewable EnergyLtd

Market Cap: CN¥31.7b

Engages in the research and development, manufacture, and sale of wind turbines and generators in China.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥31.2b

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

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥29.9b

Engages in the production and sales of coal in China.

Anjoy Foods Group

Market Cap: CN¥29.8b

Engages in the research, development, processing, production, wholesaling, retailing, and sale of quick-frozen food products in China.

Loncin Motor

Market Cap: CN¥29.7b

Manufactures and sells generating sets, agricultural machinery equipment, light-duty power units, and two-wheeled motorcycles in Japan and internationally.

Yifeng Pharmacy Chain

Market Cap: CN¥29.6b

Engages in the retail business of pharmaceutical products in China.

Hisense Home Appliances Group

Market Cap: CN¥29.5b

Engages in the central air-conditioning business in the People’s Republic of China and internationally.

Shenzhen Sunlord ElectronicsLtd

Market Cap: CN¥28.8b

Engages in the development, manufacture, and sale of various chip electronic components in China and internationally.

Hisense Visual Technology

Market Cap: CN¥28.2b

Engages in the research and development, production, and sales of display chips and internet operation services in China and internationally.

Eastern Air Logistics

Market Cap: CN¥27.8b

Provides air express, comprehensive ground, and multimodal transport services.

Livzon Pharmaceutical Group

Market Cap: CN¥27.2b

Researches, develops, produces, exports, and sells pharmaceutical products, and active pharmaceutical ingredients (API) and intermediates in the People’s Republic of China and internationally.

Anhui Yingjia Distillery

Market Cap: CN¥26.8b

Operates in the brewing industry in China.

G-bits Network Technology (Xiamen)

Market Cap: CN¥26.7b

G-bits Network Technology (Xiamen) Co., Ltd.

Sinoma International EngineeringLtd

Market Cap: CN¥26.7b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Xiamen C&D

Market Cap: CN¥26.4b

Engages in the supply chain and real estate development businesses in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥25.6b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.