Chinese Undervalued based on future growth

Bank of Suzhou

Market Cap: CN¥38.0b

Provides commercial banking products and services in China.

Qilu Bank

Market Cap: CN¥37.8b

QILU BANK CO., LTD. provides personal and corporate banking services in the People’s Republic of China.

Bank of Changsha

Market Cap: CN¥37.1b

Provides various banking products and services in China.

Keda Industrial Group

Market Cap: CN¥31.9b

Manufactures and sells ceramic machinery and building material in China.

Loncin Motor

Market Cap: CN¥28.6b

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

Ninebot

Market Cap: CN¥28.5b

Engages in the design, research and development, production, sale, and servicing of short-distance transportation and robot products worldwide.

Henan Zhongfu IndustrialLtd

Market Cap: CN¥28.4b

Processes, manufactures, and sells electrolytic aluminum and aluminum products in China.

Hunan Valin Steel

Market Cap: CN¥27.8b

Produces and sells steel products in China.

Inner Mongolia Berun Chemical

Market Cap: CN¥27.8b

Produces and sells soda ash, baking soda, fertilizers, and other chemical products in China.

Sany Renewable EnergyLtd

Market Cap: CN¥26.8b

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

MeiHua Holdings GroupLtd

Market Cap: CN¥26.7b

Manufactures nutritional products and solutions in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥25.2b

Manufactures and sells power distribution in China and internationally.

Tianneng Battery Group

Market Cap: CN¥25.0b

Researches, develops, produces, and sells electric special vehicle and new energy vehicle power batteries, automotive start-stop batteries, energy storage batteries, 3C batteries, backup batteries, and fuel cells in China and internationally.

Juneyao Airlines

Market Cap: CN¥24.7b

Operates air transport business in China.

Beiqi Foton MotorLtd

Market Cap: CN¥24.5b

Engages in the manufacture and sale of commercial vehicles worldwide.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥23.7b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

HBIS

Market Cap: CN¥22.7b

Hbis Company Limited produces and sells steel products in China and internationally.

COSCO SHIPPING Specialized CarriersLtd

Market Cap: CN¥21.6b

COSCO SHIPPING Specialized Carriers Co.,Ltd.

Shandong Humon Smelting

Market Cap: CN¥19.9b

Engages in smelting of gold in China and internationally.

Shandong Weifang Rainbow Chemical

Market Cap: CN¥19.8b

Operates as a crop protection company in China.

Shanghai Huafon Aluminium

Market Cap: CN¥18.4b

Engages in the research and development, production, and sales of aluminum sheets, strips, and foils.

Chongqing Zongshen Power MachineryLtd

Market Cap: CN¥18.4b

Engages in the research, development, manufacturing, and sale of small and medium-sized power machinery products, and end-products in China and internationally.

AIMA Technology Group

Market Cap: CN¥18.3b

Engages in the research and development, production, and sale of electric bicycles, mopeds, and motorcycles in China and internationally.

YONFER Agricultural Technology

Market Cap: CN¥18.2b

Engages in the research, development, production, and marketing of fertilizers in China.

Guangxi Liugong Machinery

Market Cap: CN¥18.0b

Manufactures and sells construction machinery in China and internationally.

Shandong Linglong TyreLtd

Market Cap: CN¥17.9b

Designs, manufactures, develops, and sells tires in the People’s Republic of China.

Weifu High-Technology Group

Market Cap: CN¥17.8b

Researches, develops, produces, and sells automotive products in the People’s Republic of China.

Xiamen Xiangyu

Market Cap: CN¥17.7b

Provides supply chain services in the People’s Republic of China and internationally.

Jiangsu Lihua Foods Group

Market Cap: CN¥17.2b

Engages in livestock and poultry breeding in China.

Qingdao Sentury Tire

Market Cap: CN¥16.2b

Engages in the research, development, production, and sale of radial tires and aircraft tires in China and internationally.

Innovation New Material Technology

Market Cap: CN¥15.9b

Innovation New Material Technology Co., Ltd.

Jiayou International LogisticsLtd

Market Cap: CN¥15.2b

Engages in the provision of cross-border multimodal integrated logistics services and supply chain trade services.

Luoyang Xinqianglian Slewing Bearing

Market Cap: CN¥14.3b

Luoyang Xinqianglian Slewing Bearing Co., Ltd.

Hexing ElectricalLtd

Market Cap: CN¥13.4b

Provides electrical equipment and related solutions to power utilities in China and internationally.

Hunan Zhongke Electric

Market Cap: CN¥13.3b

Manufactures electromagnetic metallurgy products in China.

Xinxiang Richful Lube AdditiveLtd

Market Cap: CN¥13.0b

Engages in the research, development, production, and sales of fine chemical products in China and internationally.