小摩：料中集安瑞科印尼项目最多贡献7,000万人民币利润 予“增持”评级

Core Viewpoint - Morgan Stanley reports that CIMC Enric (03899) has announced its first overseas coke oven gas project in Indonesia, which is expected to contribute approximately RMB 70 million in profit, accounting for about 6% of the projected net profit for the fiscal year 2025 [1] Group 1 - The project reflects the company's overseas expansion efforts transitioning from vision to actual execution [1] - This project marks the company's fifth coke oven gas project, enhancing long-term growth visibility [1] - The development alleviates previous investor concerns regarding slowing net profit growth, as the company's three new businesses are project-based [1]