CIMC ENRIC(HK:03899)2026-02-06 09:40Investment Rating - The report assigns an "Overweight" rating to China International Marine Containers (CIMC) Anrui Co., Ltd. with a target price of HKD 12 [1] Core Insights - CIMC Anrui has announced its first overseas coke oven gas project in Indonesia, which is expected to contribute approximately RMB 70 million in profit if it reaches maximum capacity, accounting for about 6% of the projected net profit for the fiscal year 2025 [1] - The progress of this project is anticipated to enhance market sentiment towards the company, as it signifies the transition of the company's overseas expansion initiatives from vision to actual execution [1] - This project marks the fifth coke oven gas project for CIMC Anrui, increasing visibility for long-term sustainable growth and alleviating previous investor concerns regarding a slowdown in net profit growth, given that the company's three new businesses are project-based [1]