{
 "as_of": "2026-11-06",
 "cmr": "pl-cm-kg/XWAR/PLECHPS00019",
 "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# ECHO (GPW Main Market: PLECHPS00019) — research page\n\nAs of 2026-11-06 · pl-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is ECHO, listed on GPW Main Market with ticker PLECHPS00019, ISIN PLECHPS00019 and LEI 259400LHRL5AUI6F1F70. Security type, segment, sector and jurisdiction are not on the record. Listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 38 filings on 32 filing days in the window 2025-11-06 to 2026-11-06, of which 35 are ESPI Current, 2 are ESPI Quarterly and 1 is ESPI half years. The median gap between filing days is 6 days. The median gap for GPW Main Market is 8.0 days across 436 issuers, and the median filings count for that exchange is 31.0. The median latency for the exchange is 10 days. The latest filing is an ESPI Current dated 2026-10-30, 7 days before the record date of 2026-11-06. The sector median is not on the record.\n\n## Auditor\n\nThe auditor and its location are not on the record. Auditor changes are not on the record, as the market's register carries no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as the market's register carries no lifecycle type map yet. The halt flag is listed, not halted.\n\n## Orderability\n\nThe orderability outcome is not determinable, because the chapter's orderability section carries no client categories and so the outcome cannot name its client category. The rule version is acm-68000/pl/mifid-ii-product-governance/r1, and the chapter as-of date is 2026-11-04.\n\n## Coverage\n\nThe issuer's own investor-relations page names 14 research houses: PKO BP, Trigon, Bank PeKaO BM, Santander, ERSTE SECURITIES, Wood & Co., PKO Securities, Ipopema, Santander Biuro Maklerskie, DM BOŚ Bank, Pekao Investment Banking, Trigon DM, mBank Dom Maklerski and Haitong Bank.\n\n## Open research\n\nNo openly published research notes were found on the record.\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 market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began 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://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.pl-cm-kg.ai/events/XWAR/PLECHPS00019 (the disclosure lines)\n- https://www.gpw.pl/zawieszenia-i-wykluczenia (the halt flag)\n- https://pl.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://en.echo.com.pl/s,50,analysts-and-recommendations.html (coverage)\n- https://mcp.pl-cm-kg.ai/record/XWAR/PLECHPS00019 (the record)\n",
 "market": "PL",
 "node": "pl-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the PL vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "PL",
    "state": "not_on_record"
   },
   "changes": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "pl-cm-kg/XWAR/PLECHPS00019",
  "coverage": {
   "count": 14,
   "houses": [
    {
     "analyst": "Piotr Zybała",
     "house": "PKO BP",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "2025-07-31",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "David Sharma",
     "house": "Trigon",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "2025-07-15",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Michał Hanc",
     "house": "Bank PeKaO BM",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "2025-07-05",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Adrian Kyrcz",
     "house": "Santander",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "2024-05-28",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Cezary Bernatek",
     "house": "ERSTE SECURITIES",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "2024-09-04",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Jakub Caithaml",
     "house": "Wood & Co.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "since": "2022-11-02",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Piotr Zybała",
     "house": "PKO Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Marek Szymański",
     "house": "Ipopema",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Adrian Kyrcz",
     "house": "Santander Biuro Maklerskie",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Maciej Wewiórski",
     "house": "DM BOŚ Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Maria Mickiewicz",
     "house": "Pekao Investment Banking",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Krzysztof Kubiszewski",
     "house": "Trigon DM",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Piotr Zybała",
     "house": "mBank Dom Maklerski",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    },
    {
     "analyst": "Cezary Bernatek",
     "house": "Haitong Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html",
     "result": "read: 14 of 21 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "stated per house where the page states it",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 436,
     "median_cadence_gap_days": 8,
     "median_filings": 31,
     "median_latency_days": 10,
     "name": "GPW Main Market"
    },
    "sector": {
     "market": "PL",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "ESPI Current": 35,
    "ESPI Quarterly": 2,
    "ESPI half years": 1
   },
   "cadence_median_gap_days": 6,
   "filing_days": 32,
   "filings": 38,
   "latency_days": 7,
   "latest": [
    {
     "category": "ESPI Current",
     "date": "2026-10-30",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=499769&title=Og%C5%82oszenie+o+zwo%C5%82aniu+Nadzwyczajnego+Walnego+Zgromadzenia+Sp%C3%B3%C5%82ki+na+wniosek+akcjonariusza+wraz+z+projektami+uchwa%C5%82",
     "title": "Ogłoszenie o zwołaniu Nadzwyczajnego Walnego Zgromadzenia Spółki na wniosek akcjonariusza wraz z projektami uchwał",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-10-14",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=498830&title=Zawarcie+z+podmiotem+powi%C4%85zanym+R4R+Poland+umowy+sprzeda%C5%BCy+udzia%C5%82%C3%B3w+w+celu+ich+umorzenia.",
     "title": "Zawarcie z podmiotem powiązanym (R4R Poland) umowy sprzedaży udziałów w celu ich umorzenia.",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-09-29",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=497870&title=Zmiana+terminu+publikacji+raportu+finansowego+za+III+kwarta%C5%82+2026+roku",
     "title": "Zmiana terminu publikacji raportu finansowego za III kwartał 2026 roku",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI half years",
     "date": "2026-09-17",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=497147",
     "title": null,
     "type": "ESPI half years"
    },
    {
     "category": "ESPI Current",
     "date": "2026-07-09",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=493545&title=Kontynuacja+programu+Premii+D%C5%82ugoterminowej+dla+pana+Rafa%C5%82a+Mazurczaka",
     "title": "Kontynuacja programu Premii Długoterminowej dla pana Rafała Mazurczaka",
     "type": "ESPI Current"
    }
   ],
   "latest_filing_date": "2026-10-30",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.pl-cm-kg.ai/events/XWAR/PLECHPS00019",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "GPW Main Market"
   },
   "isin": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "PLECHPS00019"
   },
   "jurisdiction": {
    "market": "PL",
    "state": "not_on_record"
   },
   "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 PLECHPS00019)",
    "state": "sourced",
    "value": "259400LHRL5AUI6F1F70"
   },
   "name": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "ECHO"
   },
   "sector": {
    "market": "PL",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "PL",
    "state": "not_on_record"
   },
   "segment": {
    "market": "PL",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "PLECHPS00019"
   },
   "website": {
    "market": "PL",
    "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": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "PL",
  "node": "pl-cm-kg",
  "numbers_hash": "sha256:fe5f715e355a5870f8a93d92eaed673288f8e8d67861b399bbd76ff1f8055082",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://pl.eu-cm-kg.ai/book/aio.json",
    "door": "https://pl.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/pl/mifid-ii-product-governance/r1",
   "section": "pl.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.pl-cm-kg.ai/record/XWAR/PLECHPS00019",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:fe5f715e355a5870f8a93d92eaed673288f8e8d67861b399bbd76ff1f8055082",
 "path": "/pl/XWAR/PLECHPS00019",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is ECHO, listed on GPW Main Market with ticker PLECHPS00019, ISIN PLECHPS00019 and LEI 259400LHRL5AUI6F1F70. Security type, segment, sector and jurisdiction are not on the record. Listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 38 filings on 32 filing days in the window 2025-11-06 to 2026-11-06, of which 35 are ESPI Current, 2 are ESPI Quarterly and 1 is ESPI half years. The median gap between filing days is 6 days. The median gap for GPW Main Market is 8.0 days across 436 issuers, and the median filings count for that exchange is 31.0. The median latency for the exchange is 10 days. The latest filing is an ESPI Current dated 2026-10-30, 7 days before the record date of 2026-11-06. The sector median is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor and its location are not on the record. Auditor changes are not on the record, as the market's register carries no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as the market's register carries no lifecycle type map yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The orderability outcome is not determinable, because the chapter's orderability section carries no client categories and so the outcome cannot name its client category. The rule version is acm-68000/pl/mifid-ii-product-governance/r1, and the chapter as-of date is 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 14 research houses: PKO BP, Trigon, Bank PeKaO BM, Santander, ERSTE SECURITIES, Wood & Co., PKO Securities, Ipopema, Santander Biuro Maklerskie, DM BOŚ Bank, Pekao Investment Banking, Trigon DM, mBank Dom Maklerski and Haitong Bank.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "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 market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began 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://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.pl-cm-kg.ai/events/XWAR/PLECHPS00019"
  },
  {
   "for": "the halt flag",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia"
  },
  {
   "for": "the orderability chapter",
   "source": "https://pl.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://en.echo.com.pl/s,50,analysts-and-recommendations.html"
  },
  {
   "for": "the record",
   "source": "https://mcp.pl-cm-kg.ai/record/XWAR/PLECHPS00019"
  }
 ],
 "title": "ECHO (PLECHPS00019) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}