Chinese Capital Goods Potentially Undervalued Companies

Shandong Hi-Speed Road&Bridge Group

Market Cap: CN¥9.0b

Shandong Hi-Speed Road&Bridge Group Co., Ltd.

Jiangsu Guotai International Group

Market Cap: CN¥12.0b

Jiangsu Guotai International Group Co., Ltd.

Ocean's King Lighting Science & Technology

Market Cap: CN¥5.1b

Ocean's King Lighting Science & Technology Co., Ltd.

Shenzhen Envicool Technology

Market Cap: CN¥23.5b

Produces and sells temperature control and energy savings solutions and products in China.

Nanfang Pump Industry

Market Cap: CN¥6.5b

Through its subsidiaries, engages in the general equipment manufacturing business.

Guangzhou KDT MachineryLtd

Market Cap: CN¥7.3b

Engages in the production, and sale of special equipment for furniture machinery primarily in China.

Dayu Irrigation GroupLtd

Market Cap: CN¥4.2b

Engages in the manufacture and sale of water-saving irrigation materials.

Foshan Electrical and LightingLtd

Market Cap: CN¥8.3b

Engages in the research and development, production, and sales of general lighting and electrical products, automotive lighting, LED packaging products, and others in the People’s Republic of China and internationally.

Shenzhen United Winners Laser

Market Cap: CN¥5.4b

Manufactures and sells laser welding equipment in China and internationally.

Hangzhou Youngsun Intelligent Equipment

Market Cap: CN¥5.2b

Hangzhou Youngsun Intelligent Equipment Co., Ltd.

Dongguan Yiheda Automation

Market Cap: CN¥13.6b

Engages in the research, development, production, and sale of industrial automation equipment and parts in China.

Jack TechnologyLtd

Market Cap: CN¥17.8b

Engages in the production and sale of sewing machines in China and internationally.

Tecnon Electronics

Market Cap: CN¥3.1b

Researches, designs, develops, produces, sells, and services commercial lighting products in China.

Long Yuan Construction Group

Market Cap: CN¥5.8b

Operates as a construction company in China.

Zhejiang Tony Electronic

Market Cap: CN¥4.2b

Engages in the research, development, production, and sale of ultra-fine alloy wires and metal matrix composite materials worldwide.

Zhangjiagang Furui Special Equipment

Market Cap: CN¥4.4b

Zhangjiagang Furui Special Equipment Co., Ltd.

Estun Automation

Market Cap: CN¥16.7b

Engages in the research and development, production, and sale of intelligent equipment and its control and functional components in China.

Zhejiang Tiantai Xianghe IndustrialLtd

Market Cap: CN¥2.9b

Zhejiang Tiantai Xianghe Industrial Co.,Ltd.

Neway CNC Equipment (Suzhou)

Market Cap: CN¥6.2b

Engages in the research and development, production, and sales of medium and high-end CNC machine tools in China and internationally.

Fujian Snowman Group

Market Cap: CN¥9.0b

Engages in the design, research and development, production, and sale of ice-making, storage, and delivery equipment and systems in China and internationally.

Shuangliang Eco-Energy SystemsLtd

Market Cap: CN¥8.3b

Provides energy saving, air cooled condensers, and sea water desalination products primarily in China.

Shenzhen Kaizhong Precision Technology

Market Cap: CN¥4.3b

Shenzhen Kaizhong Precision Technology Co., Ltd.

Hunan Zhongke Electric

Market Cap: CN¥9.6b

Manufactures electromagnetic metallurgy products in China.

Fujian Zitian Media Technology

Market Cap: CN¥1.4b

Designs, manufactures, and sells forging hydraulic and mechanical press equipment in China.