Chinese Materials Low Leverage High Rewards

Huangshan NovelLtd

Market Cap: CN¥6.5b

Manufactures and sells packaging materials in China and internationally.

Gansu Shangfeng CementLtd

Market Cap: CN¥8.3b

Engages in the manufacturing and sale of building materials, and cement and cement clinker products in China.

Shanghai Chlor-Alkali Chemical

Market Cap: CN¥8.4b

Manufactures and sells chemical products in China and internationally.

Inner Mongolia Yuan Xing Energy

Market Cap: CN¥18.6b

Engages in the soda ash, methanol, fertilizer and agricultural production materials, and other businesses in China.

Qingdao East Steel Tower StockLtd

Market Cap: CN¥9.5b

Manufactures and markets steel structure products in the People’s Republic of China.

Jinduicheng Molybdenum

Market Cap: CN¥31.6b

Engages in the research and development, production, and sale of molybdenum series and trading of molybdenum-related products worldwide.

Shandong Nanshan AluminiumLtd

Market Cap: CN¥42.2b

Researches and develops, manufactures, imports, sells, and exports aluminum profiles worldwide.

Baoshan Iron & Steel

Market Cap: CN¥147.1b

Manufactures and sells iron and steel products for automobile, home appliance, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally.

Zhejiang NHU

Market Cap: CN¥68.0b

Engages in the production and sale of nutrition, flavor and fragrance, and new polymer materials in the People’s Republic of China.

Sichuan Guoguang Agrochemical

Market Cap: CN¥6.9b

Engages in the research and development, manufacture, marketing, and distribution of agrochemical products and materials in China and internationally.

MeiHua Holdings GroupLtd

Market Cap: CN¥30.9b

A synthetic biology company, provides amino acid nutrition and health solutions in China and internationally.

China West Construction Group

Market Cap: CN¥7.2b

Engages in the building materials business in China, Malaysia, Indonesia, Cambodia, and internationally.

Jiangsu Changbao SteeltubeLtd

Market Cap: CN¥4.6b

Manufactures and sells steel tubes in the People’s Republic of China and internationally.

Zhongjin GoldLtd

Market Cap: CN¥66.1b

Engages in the mining, smelting, and sale of non-ferrous metals in China.

Yunnan Chihong Zinc & Germanium

Market Cap: CN¥25.9b

Yunnan Chihong Zinc & Germanium Co., Ltd.

Huafon ChemicalLtd

Market Cap: CN¥33.2b

Produces and sells spandex in China.

Xiamen Hexing Packaging Printing

Market Cap: CN¥3.6b

Xiamen Hexing Packaging Printing Co., Ltd.

Daoming Optics&ChemicalLtd

Market Cap: CN¥5.2b

Engages in the research and development, production, and sale of reflective materials and products worldwide.

Chongqing Changjiang River Moulding Material (Group)

Market Cap: CN¥2.5b

Chongqing Changjiang River Moulding Material (Group) Co., Ltd.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥8.5b

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

Shandong Link Science and TechnologyLtd

Market Cap: CN¥4.2b

Shandong Link Science and Technology Co.,Ltd.

Sichuan Hexie Shuangma

Market Cap: CN¥11.9b

Manufactures and sells cement and other related products in China.

Zhejiang Jianye Chemical

Market Cap: CN¥3.0b

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

Hubei Shuanghuan Science and Technology StockLtd

Market Cap: CN¥2.8b

Primarily produces and sells soda ash and ammonium chloride in China.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥18.9b

ShenZhen YUTO Packaging Technology Co., Ltd.

Kailuan Energy ChemicalLtd

Market Cap: CN¥9.6b

Engages in coal, coal chemical, and other businesses in China and internationally.

Sichuan Hebang Biotechnology

Market Cap: CN¥13.6b

Provides agricultural, chemical, and new material products.

HBIS Resources

Market Cap: CN¥8.5b

Engages in the mining, processing, selling, and servicing of mineral products in Asia, Africa, Europe, and the Americas.

Luyang Energy-Saving Materials

Market Cap: CN¥6.1b

Researches and develops, produces, and sells energy-saving products in the field of ceramic fiber, alumina fiber, soluble fiber, basalt fiber, and insulating firebrick in China and internationally.

Quechen Silicon Chemical

Market Cap: CN¥6.5b

Engages in the manufacture and supply of silica in China and internationally.

Jiangxi Selon Industrial

Market Cap: CN¥2.1b

Research, develops, produces, markets, and sells fine chemical products in China and internationally.

Ningbo Fuda

Market Cap: CN¥6.6b

Engages in the urban commercial real estate operation and management in China.

Zhejiang Jiahua Energy Chemical IndustryLtd

Market Cap: CN¥11.5b

Zhejiang Jiahua Energy Chemical Industry Co.,Ltd.

Sichuan Meifeng Chemical Industry

Market Cap: CN¥3.7b

Sichuan Meifeng Chemical Industry Co., Ltd.

Xinjiang Qingsong Building Materials and Chemicals(Group)CoLtd

Market Cap: CN¥6.0b

Xinjiang Qingsong Building Materials and Chemicals(Group)Co,Ltd.

YONFER Agricultural Technology

Market Cap: CN¥17.4b

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