瑞银：升中集安瑞科目标价至9.19港元 维持“买入”评级

Core Insights - UBS report indicates that CIMC Enric (03899) achieved a net profit growth of 15.6% year-on-year in the first half of the year, driven by the clean energy sector [1] - The company's revenue reached 12.6 billion RMB, reflecting a year-on-year increase of 9.9%, with a net profit of 562 million RMB, up 15.6% year-on-year [1] - The clean energy business continues to be the core growth engine, with revenue growth of 22.2% year-on-year [1] - The report notes that CIMC Enric's new orders signed in the second quarter showed a quarter-on-quarter improvement [1] - The target price has been raised from 9 HKD to 9.19 HKD, corresponding to a forecasted price-to-earnings ratio of 14 times for this year, maintaining a "Buy" rating [1] - Based on the performance in the first half of 2025, the earnings forecasts for 2025-2027 have been adjusted upward by 2-5% [1]