CIMC ENRIC(HK:03899) Xin Lang Cai Jing·2026-02-12 03:33Core Viewpoint - CIMC Enric (03899) has seen a stock price increase of over 4%, currently at HKD 12.37, with a trading volume of HKD 41.22 million, following news of a collaboration on the Indonesia Qingshan project [1] Group 1: Project Development - CIMC Enric plans to sign a cooperation agreement regarding its first overseas coke oven gas project in Indonesia [1] - Morgan Stanley estimates that if the project reaches its maximum capacity, it could contribute approximately RMB 70 million in profit, accounting for about 6% of the projected net profit for the fiscal year 2025 [1] - This project marks CIMC Enric's fifth coke oven gas project, further solidifying its expertise in this field [1] Group 2: Market Sentiment and Financial Outlook - The development of the Indonesia project is expected to enhance market sentiment towards CIMC Enric, as it reflects the company's overseas expansion efforts transitioning from vision to execution [1] - The successful implementation of the company's three new project-based businesses will provide stable revenue sources, thereby improving long-term growth visibility [1] - Morgan Stanley holds a positive outlook on the financial and strategic benefits that the Indonesia project will bring to CIMC Enric [1]