{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/XTP",
 "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# SINO AG (Xetra: XTP) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nSINO AG is listed on Xetra under ticker XTP, ISIN DE0005765507, LEI 5299008GFCQY16M45R85. Its security type is Corporate and its segment is DEUTSCHLAND. Its sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. Its jurisdiction is Germany (Handelsregister HRB). Its status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 6 filings in the twelve months to 2026-11-06, on 6 filing days, of which 5 are corporate_news and 1 is newswire_release. The median gap between filing days is 31 days. The latest filing is dated 2026-11-06, a corporate_news filing, and is 0 days before the record date. The Xetra median cadence gap is 22.8 days across 419 issuers, with a median of 6 filings and a median latency of 5.5 days. Sector peer figures are not on the record for market DE.\n\n## Auditor\n\nThe auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read. The auditor's location is not on the record, and auditor changes are not on the record because no lifecycle type map exists for this register yet.\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 halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is determinable for all three client categories under rule version acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, as of chapter date 2026-11-04. Professionelle Kunden, Privatkunden and Geeignete Gegenparteien each carry signal ACM-200.\n\n## Coverage\n\nNo research houses were found on the investor-relations pages read for this issuer. The count is 0.\n\n## Open research\n\nThe record holds 3 openly published research notes: Warburg Research dated 2025-12-02, Baader Europe Research dated 2025-07-02, and Warburg Research dated 2021-08-19.\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 is not sealed for market DE. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record start date is not on the record.\n\n## Sources\n\n10 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/5299008GFCQY16M45R85 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/XTP (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://sino.ag/wp-content/uploads/2025/12/sino-AG_Warburg-Research_02.12.2025.pdf (open research)\n- https://sino.ag/wp-content/uploads/2025/07/sino_AG_02072025-1.pdf (open research)\n- https://sino.ag/wp-content/uploads/2021/08/sino_Comment_20210819_en.pdf (open research)\n- https://mcp.de-cm-kg.ai/record/XETRA/XTP (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/XTP",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "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": {
    "corporate_news": 5,
    "newswire_release": 1
   },
   "cadence_median_gap_days": 31,
   "filing_days": 6,
   "filings": 6,
   "latency_days": 0,
   "latest": [
    {
     "category": "corporate",
     "date": "2026-11-06",
     "source": "https://www.eqs-news.com/news/corporate/sino-ag-high-end-brokerage-81-354-orders-im-oktober/8ccca1f2-8863-41af-a520-c69ef237b995_de",
     "title": "sino AG | High End Brokerage: 81.354 Orders im Oktober",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-10-06",
     "source": "https://www.eqs-news.com/news/corporate/sino-ag-high-end-brokerage-77-128-orders-im-september/2e41d431-f6ab-439d-92de-dc3ece22e98b",
     "title": "sino AG | High End Brokerage: 77.128 Orders im September | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-09-07",
     "source": "https://www.eqs-news.com/news/corporate/sino-ag-high-end-brokerage-79-400-orders-im-august/6e772644-a69a-4029-9fe8-679682d1acd5_de",
     "title": "sino AG | High End Brokerage: 79.400 Orders im August - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-08-31",
     "source": "https://www.eqs-news.com/news/corporate/sino-ag-high-end-brokerage-sino-ceo-ingo-hillen-prasentiert-am-dienstag-auf-der-herbstkonferenz/640066ff-5d09-45e4-af15-0d3740015a56",
     "title": "High End Brokerage: sino CEO Ingo Hillen präsentiert am Dienstag ...",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-07-07",
     "source": "https://www.eqs-news.com/news/corporate/sino-ag-high-end-brokerage-146-630-orders-im-juni/3d709112-cea0-4264-9b9d-3b61743bd81f_de",
     "title": "sino AG | High End Brokerage: 146.630 Orders im Juni - EQS News",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-11-06",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/XTP",
   "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": "DE0005765507"
   },
   "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/5299008GFCQY16M45R85",
    "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 DE0005765507)",
    "state": "sourced",
    "value": "5299008GFCQY16M45R85"
   },
   "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": "SINO AG"
   },
   "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": "XTP"
   },
   "website": {
    "market": "DE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
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    "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"
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   "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"
   }
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  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:2beae52499483d8b0c6710950fdaa91877a930f8cf3b504df4e3ebb4bc13628a",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2025-12-02",
     "kind": "issuer-sponsored",
     "publisher": "Warburg Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://sino.ag/wp-content/uploads/2025/12/sino-AG_Warburg-Research_02.12.2025.pdf",
     "state": "sourced",
     "title": "sino AG Comment"
    },
    {
     "date": "2025-07-02",
     "kind": "issuer-sponsored",
     "publisher": "Baader Europe Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://sino.ag/wp-content/uploads/2025/07/sino_AG_02072025-1.pdf",
     "state": "sourced",
     "title": "H1 25: Volatility hedge status confirmed"
    },
    {
     "date": "2021-08-19",
     "kind": "issuer-sponsored",
     "publisher": "Warburg Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://sino.ag/wp-content/uploads/2021/08/sino_Comment_20210819_en.pdf",
     "state": "sourced",
     "title": "sino AG Comment"
    }
   ],
   "state": "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/XTP",
   "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": "sha256:2beae52499483d8b0c6710950fdaa91877a930f8cf3b504df4e3ebb4bc13628a",
 "path": "/de/XETRA/XTP",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "SINO AG is listed on Xetra under ticker XTP, ISIN DE0005765507, LEI 5299008GFCQY16M45R85. Its security type is Corporate and its segment is DEUTSCHLAND. Its sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. Its jurisdiction is Germany (Handelsregister HRB). Its status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 6 filings in the twelve months to 2026-11-06, on 6 filing days, of which 5 are corporate_news and 1 is newswire_release. The median gap between filing days is 31 days. The latest filing is dated 2026-11-06, a corporate_news filing, and is 0 days before the record date. The Xetra median cadence gap is 22.8 days across 419 issuers, with a median of 6 filings and a median latency of 5.5 days. Sector peer figures are not on the record for market DE.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read. The auditor's location is not on the record, and auditor changes are not on the record because no lifecycle type map exists for this register yet.",
   "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 halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is determinable for all three client categories under rule version acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, as of chapter date 2026-11-04. Professionelle Kunden, Privatkunden and Geeignete Gegenparteien each carry signal ACM-200.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the investor-relations pages read for this issuer. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 3 openly published research notes: Warburg Research dated 2025-12-02, Baader Europe Research dated 2025-07-02, and Warburg Research dated 2021-08-19.",
   "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 is not sealed for market DE. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record start date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 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/5299008GFCQY16M45R85"
  },
  {
   "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/XTP"
  },
  {
   "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": "open research",
   "source": "https://sino.ag/wp-content/uploads/2025/12/sino-AG_Warburg-Research_02.12.2025.pdf"
  },
  {
   "for": "open research",
   "source": "https://sino.ag/wp-content/uploads/2025/07/sino_AG_02072025-1.pdf"
  },
  {
   "for": "open research",
   "source": "https://sino.ag/wp-content/uploads/2021/08/sino_Comment_20210819_en.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/XTP"
  }
 ],
 "title": "SINO AG (XTP) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}