Chinese Materials Low Leverage High Rewards

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥11.6b

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

China Jushi

Market Cap: CN¥62.6b

Engages in the manufacture and sale of fiberglass and related products in China and internationally.

Gansu Shangfeng CementLtd

Market Cap: CN¥10.8b

Manufactures and sells building materials, and cement and cement clinker products in China.

Daoming Optics&ChemicalLtd

Market Cap: CN¥7.7b

Engages in the research and development, production, and sale of various functional films and polymer synthetic materials in China and internationally.

Jinduicheng Molybdenum

Market Cap: CN¥48.0b

Engages in the provision of molybdenum worldwide.

Baoshan Iron & Steel

Market Cap: CN¥156.3b

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

China West Construction Group

Market Cap: CN¥7.8b

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

Shandong Nanshan AluminiumLtd

Market Cap: CN¥55.6b

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

Jiangsu Changbao SteeltubeLtd

Market Cap: CN¥7.5b

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

Xinjiang Qingsong Building Materials and Chemicals(Group)CoLtd

Market Cap: CN¥6.9b

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

Shanghai Huayi Group

Market Cap: CN¥14.8b

Operates as a chemical company in China.

Inner Mongolia Junzheng Energy & Chemical GroupLtd

Market Cap: CN¥40.6b

Inner Mongolia Junzheng Energy & Chemical Group Co.,Ltd.

Shenzhen Batian Ecotypic Engineering

Market Cap: CN¥11.6b

Shenzhen Batian Ecotypic Engineering Co., Ltd.

Guangdong Delian Group

Market Cap: CN¥4.7b

Engages in the automobile fine chemicals, automobile sales service, and automobile repair and maintenance businesses, and development of new application scenarios in China, Hong Kong, Macau, Taiwan, and internationally.

Shandong Link Science and TechnologyLtd

Market Cap: CN¥5.3b

Shandong Link Science and Technology Co.,Ltd.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.9b

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

ShenZhen YUTO Packaging Technology

Market Cap: CN¥25.9b

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

Anhui Guangxin Agrochemical

Market Cap: CN¥10.3b

Researches, develops, produces, and sells pesticides technical, preparations, and intermediates in China.

Zhejiang Jianye Chemical

Market Cap: CN¥4.2b

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

Zhejiang Jiahua Energy Chemical IndustryLtd

Market Cap: CN¥11.1b

Zhejiang Jiahua Energy Chemical Industry Co.,Ltd.

Shanxi Yongdong Chemistry Industry

Market Cap: CN¥2.7b

Engages in the manufacture and sale of chemical raw materials and chemical products in China and internationally.

Sichuan Guoguang Agrochemical

Market Cap: CN¥6.5b

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

Anhui Conch Cement

Market Cap: CN¥114.3b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Jiangxi Salt Industry Group

Market Cap: CN¥5.4b

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

Ningbo Fuda

Market Cap: CN¥8.2b

Manufactures and sells cement building materials in China.

Jiangsu Liba Enterprise

Market Cap: CN¥3.1b

Jiangsu Liba Enterprise Joint-Stock Co., Ltd.

Stanley Agriculture GroupLtd

Market Cap: CN¥11.2b

Engages in the research, development, production, and sale of compound and bulk blending fertilizers under the Stanley brand in China.

Bluestar Adisseo

Market Cap: CN¥24.3b

Engages in the research, development, production, and sale of poultry, ruminant, swine, and aquaculture nutrition additives.

Tianshan Aluminum GroupLtd

Market Cap: CN¥67.1b

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

Inner Mongolia ERDOS ResourcesLtd

Market Cap: CN¥28.3b

Engages in clothing, power metallurgy, and chemical businesses in China.

Xinjiang Joinworld

Market Cap: CN¥11.1b

Engages in the research and development, production, and sale of aluminum products in China and internationally.

Jiangsu Zhengdan Chemical Industry

Market Cap: CN¥9.4b

Jiangsu Zhengdan Chemical Industry Co., Ltd.

Puyang Huicheng Electronic Material

Market Cap: CN¥4.6b

Puyang Huicheng Electronic Material Co., Ltd.

Jiang Su Suyan JingshenLtd

Market Cap: CN¥8.0b

Engages in the mining, research, production, distribution, and sale of salt and salt chemicals in China.

Anhui Jinhe IndustrialLtd

Market Cap: CN¥11.4b

Engages in the research and development, production, and sales of food additives, daily chemical flavors, bulk chemicals, and intermediates.

Jiangsu Huachang Chemical

Market Cap: CN¥5.5b

Manufactures and sells agrochemicals, basic chemicals, fine chemicals, and biochemical products in China.