contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      defaultInstrument {
        isin
        id
      }
      id
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


clean-industry-solutions-holding-europe-clarification-regarding-insolvency-of-industrial-solar-gmbh

__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Clean Industry Solutions Holding Europe

Clean Industry Solutions Holding Europe AB (publ) ("CISH Holding" or the "Company") hereby publishes a clarification regarding the insolvency of one of its wholly owned subsidiaries, Industrial...

<div class="abstract">Clean Industry Solutions Holding Europe AB (publ) ("CISH Holding" or the "Company") hereby publishes a clarification regarding the insolvency of one of its wholly owned subsidiaries, Industrial Solar GmbH. The board of CISH Holding believes that there is additional information that the stock market needs to be made aware of, hence this clarification.</div>CISH Holding completed a rights issue in September 2023, resulting in CISH Holding receiving approximately SEK 10 million after the deduction of issue costs. At that point in time, CISH Holding did not have any information about a potential insolvency process nor did CISH Holding know that this would happen.&nbsp;Historically, CISH Holding has lent capital to the subsidiary Industrial Solar GmbH and then the debt has been offset against share capital. But when CISH Holding's liquidity forecast last week indicated that Industrial Solar GmbH has too much negative equity, the management sought legal counsel. Due to the current negative equity in Industrial Solar GmbH, the German legal counsel advised that Industrial Solar GmbH should file for insolvency to avoid larger damage to the group.&nbsp;At this point, it is important to understand that German insolvency law is more focused on balance sheet over-indebtedness and the prognosis for the continuation of the company, while Swedish insolvency law is more focused on insolvency, regardless of the balance sheet situation.Even with further loans from CISH Holding presenting a possibility of continuing business, Industrial Solar GmbH could not be freed from the threat of being over-indebted again in the following months. Recognizing that additional loans from CISH Holding would only delay, not avert, insolvency, Industrial Solar GmbH has to file for insolvency to avoid larger damage to the group. The decision for CISH Holding's board was arduous, with a commitment to safeguarding the shareholders' assets in CISH Holding.&nbsp;Through this measure, the board has preserved SEK 7 million in CISH Holding (the amount of cash CISH Holding holds as of today's date). This enables CISH Holding and its other wholly owned subsidiary SolarSpring GmbH to continue operations until the end of 2024. SolarSpring GmbH will continue business as usual and focus on membrane distillation for ultra-pure water production, primarily targeting green hydrogen production. CISH Holding sees high demand for this type of technology. This technology holds immense market potential by leveraging waste heat from electrolyzers to generate the ultra-pure water necessary for hydrogen production.

Clean Industry Solutions Holding Europe: Clarification regarding insolvency of Industrial Solar GmbH