{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/SUR",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# SURTECO GROUP SE INH O.N. (Xetra: SUR) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is SURTECO GROUP SE INH O.N., listed on Xetra under ticker SUR, with ISIN DE0005176903 and LEI 52990096XE56IELO5P09. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record, as the Xetra instruments file carries index membership rather than a sector classification. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 7 filings across 6 filing days in the twelve months from 2025-11-06 to 2026-11-06. By type, the record holds 1 ad hoc filing, 5 corporate news filings and 1 major holder filing. The median gap between filing days is 3 days. The latest filing is dated 2026-11-05, is of type major_holder, and falls 1 day before the record date of 2026-11-06. The Xetra exchange median is 22.8 days for cadence, 6 filings, and 5.5 days for latency, across 419 issuers. The sector peer median is not on the record for the DE market.\n\n## Auditor\n\nThe auditor of record is not on the record. The record carries only the annual report link, which is a source link and not a reading of the audit. The auditor's location is not on the record, and auditor changes are not on the record.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists for this register yet. The issuer is listed and not halted.\n\n## Orderability\n\nThe outcome is ACM-200 for Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and it is determinable in each category. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations page.\n\n## Open research\n\nNo openly published research notes were found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe vintage for this market is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/52990096XE56IELO5P09 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/SUR (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.de-cm-kg.ai/record/XETRA/SUR (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "DE",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/SUR",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [
    {
     "page": "https://ir.surteco.com/research",
     "result": "read: 0 of 2 named houses found on the page; the page does not name the issuer"
    },
    {
     "page": "https://ir.surteco.com/download/companies/surteco/VeranstaltungenDownloads/20191209ParetoSecuritiesAnalystHinkel.pdf",
     "result": "read: the page does not name the issuer"
    },
    {
     "page": "https://ir.surteco.com/download/companies/surteco/VeranstaltungenDownloads/20190325_Q4_first_take.pdf",
     "result": "read: the page does not name the issuer"
    },
    {
     "page": "https://ir.surteco.com/download/companies/surteco/VeranstaltungenDownloads/Surteco_20-11-16_update.pdf",
     "result": "read: the page does not name the issuer"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "ad_hoc": 1,
    "corporate_news": 5,
    "major_holder": 1
   },
   "cadence_median_gap_days": 3,
   "filing_days": 6,
   "filings": 7,
   "latency_days": 1,
   "latest": [
    {
     "category": "voting-rights",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/voting-rights/kaindl-matthias/4ff606e8-aa7b-4dec-80a6-d2a626ffa9f2_en",
     "title": "SURTECO GROUP SE Kaindl Matthias",
     "type": "major_holder"
    },
    {
     "category": "research",
     "date": "2026-11-02",
     "source": "https://www.eqs-news.com/news/research/original-research-surteco-group-se-von-sphene-capital-gmbh-buy/6f575075-81a7-4df7-9c8f-8033835d419d_de",
     "title": "Surteco Group SE (von Sphene Capital GmbH): Buy",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-10-30",
     "source": "https://www.eqs-news.com/news/corporate/surteco-group-se-group-sales-are-e-623-1-million-and-adjusted-ebitda-is-e-76-2-million-at-the-end-of-the-third-quarter-improvement-in-adjusted-ebitda-for-all-business-operations/3c97d432-1cdb-441f-9e04-301b6cd1f8e9_en",
     "title": "SURTECO GROUP SE: Group sales are € 623.1 million and adjusted EBITDA is € 76.2 million at the end of the third quarter; improvement in adjusted EBITDA for all business operations | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate-news",
     "date": "2026-10-30",
     "source": "https://www.eqs-news.com/news/corporate-news/surteco-group-se-konzernumsatz-liegt-am-ende-des-dritten-quartals-bei-623-1-mio-und-ebitda-adjusted-bei-76-2-mio-verbesserung-des-ebitda-adjusted-in-allen-geschaeftsbereichen/3c97d432-1cdb-441f-9e04-301b6cd1f8e9_de",
     "title": "SURTECO GROUP SE: Konzernumsatz liegt am Ende des ...",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-04-30",
     "source": "https://www.eqs-news.com/news/corporate/surteco-group-se-good-start-into-year-2026-sales-in-the-first-quarter-of-e-208-4-million-and-adjusted-ebitda-of-e-26-7-million/5af0a91b-65c9-455e-9feb-8868d5055e7e_en",
     "title": "SURTECO GROUP SE: Good start into year 2026; Sales in ...",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-11-05",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/SUR",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE0005176903"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/52990096XE56IELO5P09",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN DE0005176903)",
    "state": "sourced",
    "value": "52990096XE56IELO5P09"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "SURTECO GROUP SE INH O.N."
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "DEUTSCHLAND"
   },
   "ticker": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "SUR"
   },
   "website": {
    "market": "DE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:64b70cb9b3c9c336132a4deab9842b25515679ee9e2b1f533b38bb79019b3e0a",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Privatkunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/SUR",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:64b70cb9b3c9c336132a4deab9842b25515679ee9e2b1f533b38bb79019b3e0a",
 "path": "/de/XETRA/SUR",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is SURTECO GROUP SE INH O.N., listed on Xetra under ticker SUR, with ISIN DE0005176903 and LEI 52990096XE56IELO5P09. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record, as the Xetra instruments file carries index membership rather than a sector classification. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 7 filings across 6 filing days in the twelve months from 2025-11-06 to 2026-11-06. By type, the record holds 1 ad hoc filing, 5 corporate news filings and 1 major holder filing. The median gap between filing days is 3 days. The latest filing is dated 2026-11-05, is of type major_holder, and falls 1 day before the record date of 2026-11-06. The Xetra exchange median is 22.8 days for cadence, 6 filings, and 5.5 days for latency, across 419 issuers. The sector peer median is not on the record for the DE market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. The record carries only the annual report link, which is a source link and not a reading of the audit. The auditor's location is not on the record, and auditor changes are not on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists for this register yet. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is ACM-200 for Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and it is determinable in each category. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations page.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The vintage for this market is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/52990096XE56IELO5P09"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/SUR"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/SUR"
  }
 ],
 "title": "SURTECO GROUP SE INH O.N. (SUR) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}