<SEC-DOCUMENT>0001140361-23-053086.txt : 20231114
<SEC-HEADER>0001140361-23-053086.hdr.sgml : 20231114
<ACCEPTANCE-DATETIME>20231114070122
ACCESSION NUMBER:		0001140361-23-053086
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		13
CONFORMED PERIOD OF REPORT:	20231114
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20231114
DATE AS OF CHANGE:		20231114

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GYRE THERAPEUTICS, INC.
		CENTRAL INDEX KEY:			0001124105
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				562020050
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51173
		FILM NUMBER:		231401526

	BUSINESS ADDRESS:	
		STREET 1:		12730 HIGH BLUFF DRIVE, SUITE 250
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92130
		BUSINESS PHONE:		650-266-8674

	MAIL ADDRESS:	
		STREET 1:		12730 HIGH BLUFF DRIVE, SUITE 250
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92130

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CATALYST BIOSCIENCES, INC.
		DATE OF NAME CHANGE:	20150820

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TARGACEPT INC
		DATE OF NAME CHANGE:	20000919
</SEC-HEADER>
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<TYPE>8-K
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<DESCRIPTION>8-K
<TEXT>
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<div id="DSPFiXBRLHidden" style="display: none;"><ix:header><ix:hidden><ix:nonNumeric name="dei:AmendmentFlag" id="Fact_9695f45e567248dfb2d65b2af664470b" contextRef="c20231114to20231114" format="ixt:fixed-false">false</ix:nonNumeric><ix:nonNumeric name="dei:EntityCentralIndexKey" id="Fact_cde12feff6d94103aa4cbdda58f83c3f" contextRef="c20231114to20231114">0001124105</ix:nonNumeric><ix:nonNumeric name="dei:SecurityExchangeName" id="Fact_cf1af9278bfd42568e85bb6535154940" contextRef="c20231114to20231114">NASDAQ</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:href="gyre-20231114.xsd" xlink:type="simple"></link:schemaRef></ix:references><ix:resources><xbrli:context id="c20231114to20231114"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001124105</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2023-11-14</xbrli:startDate><xbrli:endDate>2023-11-14</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div>

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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">UNITED STATES</div>

    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>

    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;">WASHINGTON, D.C. 20549</div>

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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 18pt; font-weight: bold;">FORM <ix:nonNumeric name="dei:DocumentType" id="Fact_a7cfdd578a5e4d528510a3ae25a6858d" contextRef="c20231114to20231114">8-K</ix:nonNumeric></div>

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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">CURRENT REPORT</div>

    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>

    <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><br />
    </div>

    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Date of report (Date of earliest event reported): <span style="font-weight: bold;"><ix:nonNumeric name="dei:DocumentPeriodEndDate" id="Fact_11626805846c41be826d8a73df0764d3" contextRef="c20231114to20231114" format="ixt:date-monthname-day-year-en">November 14, 2023</ix:nonNumeric></span></div>

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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 24pt; font-weight: bold;"><ix:nonNumeric name="dei:EntityRegistrantName" id="Fact_d0943a6bd29d423db9bf8492361bbbb5" contextRef="c20231114to20231114">Gyre Therapeutics, Inc.</ix:nonNumeric><br />
    </div>

    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(Exact name of registrant as specified in its charter)</div>

    <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><br />
    </div>

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    <td style="width: 33%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: center; font-weight: bold;"><ix:nonNumeric name="dei:EntityTaxIdentificationNumber" id="Fact_1354db669a3448ec8535988e2ce0147d" contextRef="c20231114to20231114">56-2020050</ix:nonNumeric><br />
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    <td style="width: 33%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: center;">(State or other jurisdiction of incorporation)</div>
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    <td style="width: 34%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: center;">(Commission File Number)</div>
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    <td style="width: 33%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: center;">(IRS Employer Identification No.)</div>
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    <td style="width: 67%; vertical-align: bottom;">
            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;"><ix:nonNumeric name="dei:EntityAddressAddressLine1" id="Fact_5262c2f498ca499d82c4321684757932" contextRef="c20231114to20231114">12770 High Bluff Drive</ix:nonNumeric><br />
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            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;"><ix:nonNumeric name="dei:EntityAddressAddressLine2" id="Fact_8ee8998058954837bfd5d9512d90f326" contextRef="c20231114to20231114">Suite 150</ix:nonNumeric><br />
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    <td style="width: 67%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: center;">(Address of principal executive offices)</div>
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            <div style="text-align: center;">(Zip Code)</div>
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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Registrant&#8217;s telephone number, including area code: <span style="font-weight: bold;">(<ix:nonNumeric name="dei:CityAreaCode" id="Fact_b4c6f27d9150423dab4a87fbefb8d05f" contextRef="c20231114to20231114">619</ix:nonNumeric>) <ix:nonNumeric name="dei:LocalPhoneNumber" id="Fact_91127c38fa3943cdb4e8462273c81e4e" contextRef="c20231114to20231114">949-3681</ix:nonNumeric></span></div>

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    </div>

    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">N/A</div>

    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(Former name or former address, if changed since last report)</div>

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    <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
      <hr style="height: 2px; color: #000000; background-color: #000000; text-align: center; border: none; margin-left: auto; margin-right: auto;" /></div>

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    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
      following provisions (<span style="font-style: italic;">see</span>&#160;General Instruction A.2. below):</div>

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    <td style="width: 2.35%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><ix:nonNumeric name="dei:WrittenCommunications" id="Fact_3cc0a60978e44a2ca4d3e9eef9d8da4a" contextRef="c20231114to20231114" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric><br />
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    <td style="width: 97.65%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
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    <td style="width: 2.35%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><ix:nonNumeric name="dei:SolicitingMaterial" id="Fact_eefbab320ae143209cf4c0b25718debd" contextRef="c20231114to20231114" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric><br />
          </td>

    <td style="width: 97.65%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
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    <td style="width: 2.35%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><ix:nonNumeric name="dei:PreCommencementTenderOffer" id="Fact_ffecc7f8b69a496bac082317860b2810" contextRef="c20231114to20231114" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric><br />
          </td>

    <td style="width: 97.65%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
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    <td style="width: 2.35%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" id="Fact_5f991991e0aa4842a0efb614ccfa5333" contextRef="c20231114to20231114" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric><br />
          </td>

    <td style="width: 97.65%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
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    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Securities registered pursuant to Section 12(b) of the Act:</div>

    <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><br />
    </div>

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    <td style="width: 25.13%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 10pt; white-space: nowrap;">
            <div style="text-align: center;">Title of each class</div>
          </td>

    <td style="width: 0.87%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">&#160;</div>
          </td>

    <td style="width: 26.28%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: center;">Trading Symbol(s)</div>
          </td>

    <td style="width: 0.87%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">&#160;</div>
          </td>

    <td style="width: 46.86%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Name of each exchange on which</div>
            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">registered</div>
          </td>

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    <td style="width: 25.13%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: center;"><ix:nonNumeric name="dei:Security12bTitle" id="Fact_299093ffcccd43d18f9a4ffd3ccc862f" contextRef="c20231114to20231114">Common Stock</ix:nonNumeric><br />
            </div>
          </td>

    <td style="width: 0.87%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">&#160;</div>
          </td>

    <td style="width: 26.28%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: center;"><ix:nonNumeric name="dei:TradingSymbol" id="Fact_fc341f2ce98c4aa3adea8c1040a41acf" contextRef="c20231114to20231114">GYRE</ix:nonNumeric><br />
            </div>
          </td>

    <td style="width: 0.87%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">&#160;</div>
          </td>

    <td style="width: 46.86%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: center;"><span style="-sec-ix-hidden:Fact_cf1af9278bfd42568e85bb6535154940">The Nasdaq Capital Market</span><br />
            </div>
          </td>

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    <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><br />
    </div>

    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or
      Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</div>

    <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><br />
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Emerging growth company <ix:nonNumeric name="dei:EntityEmergingGrowthCompany" id="Fact_ec801cc834fe494d804908bd7c5def05" contextRef="c20231114to20231114" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric></div>

    <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><br />
    </div>

    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
      revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</div>

    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">
      <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" /></div>

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      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" /></div>

    </div>

    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Item 7.01. Regulation FD Disclosure.</div>

    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#160;</div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">On November 14, 2023, GNI Group Ltd., a company incorporated under the laws of Japan with limited liability (&#8220;GNI Japan&#8221;), which holds
      an indirect controlling interest of Gyre Therapeutics, Inc., a Delaware corporation (the &#8220;Company&#8221;), filed its third quarter report for the fiscal year ending December 2023 (the &#8220;Report of GNI Japan&#8221;).</div>

    <div style="text-align: left; text-indent: 24.75pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#160;</div>

    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">A copy of the Report of GNI Japan is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference
      herein. The exhibit furnished under Item 7.01 of this Current Report on Form 8-K shall not be deemed to be &#8220;filed&#8221; for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed
      incorporated by reference in any filing under the Exchange Act or the Securities Act, regardless of any general incorporation language in such filing.</div>

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    <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Forward Looking Statements</div>

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    <div style="text-align: left; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">This report and the Report of GNI Japan attached as an exhibit contain forward-looking statements that pertain to future operating
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      business performance, events or conditions. Forward-looking statements, whether spoken or written, are based on judgments made by the management of GNI Japan and/or the Company, based on information that is currently available to it. As such, these
      forward-looking statements are subject to various risks and uncertainties, and actual business results may vary substantially from the forecasts expressed or implied in forward-looking statements. Consequently, investors are cautioned not to place
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    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Item 9.01. Financial Statements and Exhibits.</div>

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    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(d) <span style="font-style: italic;">Exhibits</span>. The following exhibits are being furnished herewith:</div>

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            <div style="text-align: left;"><a href="ny20009756x17_ex99-1.htm">99.1</a></div>
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    <td style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255); font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">Report of GNI Japan, dated November 14, 2023</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">104</div>
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            <div style="text-align: left;">&#160;</div>
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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">SIGNATURE</div>

    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#160;</div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</div>

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            <div style="text-align: left;">&#160;</div>
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    <td style="vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;" colspan="2">
            <div style="text-align: left; font-weight: bold;">GYRE THERAPEUTICS, INC.</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">Date: <span style="font-weight: bold;">November 14, 2023</span></div>
          </td>

    <td style="width: 5%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt; padding-bottom: 2px;">
            <div style="text-align: left;">By:</div>
          </td>

    <td style="width: 45%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: left;">/s/ Charles C. Wu, Ph.D.</div>
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            <div style="text-align: left;">&#160;</div>
          </td>

    <td style="width: 5%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">Name:</div>
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    <td style="width: 45%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
            <div style="text-align: left;">Charles C. Wu, Ph.D.</div>
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            <div style="text-align: left;">Title:</div>
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<DOCUMENT>
<TYPE>EX-99.1
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<DESCRIPTION>EXHIBIT 99.1
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-size: 14pt">Quarterly Report</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">July 1, 2023&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-size: 12pt">GNI Group Ltd.</font></p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><u>Contents</u></p>
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        <td style="layout-grid-mode: char; width: 85%"><font style="font-size: 10pt">[Cover] </font></td>
        <td style="layout-grid-mode: char; text-align: right; width: 15%">3</td>
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        <td style="layout-grid-mode: char"><font style="font-size: 10pt">1st Section [Corporate Information]</font></td>
        <td style="layout-grid-mode: char; text-align: right">4</td>
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        <td style="padding-left: 9pt; layout-grid-mode: char"><font style="font-size: 10pt">1st [Overview of the Company]</font></td>
        <td style="layout-grid-mode: char; text-align: right">4</td>
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        <td style="padding-left: 27pt; layout-grid-mode: char"><font style="font-size: 10pt">1 [Trends in Major Management Indicators] </font></td>
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        <td style="layout-grid-mode: char; text-align: right">5</td>
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        <td style="padding-left: 27pt; layout-grid-mode: char"><font style="font-size: 10pt">3 [Significant Management Contracts] </font></td>
        <td style="layout-grid-mode: char; text-align: right">9</td>
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        <td style="layout-grid-mode: char; text-align: right">10</td>
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        <td style="layout-grid-mode: char">&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">1,223,079</td>
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        <td style="text-align: right">6,376,072</td>
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        <td>&#160;</td>
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        <td style="text-align: right">324,416</td>
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        <td>&#160;</td>
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        <td style="text-align: right">1,076,065</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">2,535,079</td>
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        <td style="text-align: right">6,661,304</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">3,833,451</td>
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        <td>&#160;</td>
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        <td style="text-align: right">3,907,869</td>
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        <td>&#160;</td>
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        <td style="text-align: right">1,811,272</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <!-- Field: Page; Sequence: 7 -->
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">The Group disclosed on August 9, 2022, that &#8220;China NMPA has approved GNI Group's Subsidiary Cullgen's IND for TRK Degrader Clinical Trial&#8221;. Cullgen received an IND approval
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">(1)Subsidiary Berkeley Biologics LLC of our consolidated subsidiary Berkeley Advanced Biomaterials Inc. will acquire a portion of the orthobiologics business of Elutia Inc.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">Third [Status of the Filing Company]</p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
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            agreement or the share transfer plan in which we become a wholly-owned subsidiary was approved by the shareholders (except in any case where new share acquisition rights similar to the Share Acquisition Rights are issued by the surviving
            company or our wholly-owned parent company), (ii) when all or substantially all of our assets are sold, or (iii) when a third party acquires shares equivalent to 50% of the voting rights of our shareholders, we notify the holders of the Share
            Acquisition Rights to that effect, and for 15 days after the notice is received. All stock acquisition rights that have not yet been exercised may be exercised.</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
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            between the Company and the holders of Share Options.</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#9317;Holders of Share Options shall not be required to be directors, auditors, or employees of Us or our Affiliated Companies at the time of exercise of
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        </td>
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      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Items related to transfer of subscription rights &#8251;</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Option transfer conditions Approval of the Board of Directors is required for the transfer of any
            options.</font></td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Matters related to the issuance of stock acquisition rights
            associated with reorganization actions*</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Not applicable.</font></td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="background-color: white">&#8251;Details of the stock acquisition rights at the time of issuance (August 4, 2023) are shown below.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
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    <p style="margin: 0pt">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in">(NOTE)</td>
        <td style="width: 0.25in">1.</td>
        <td>In cases where the value of assets to be contributed upon the exercise of Share Options should be adjusted, the number of shares subject to Share Options shall be adjusted as follows.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="width: 87%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-left: 0.75in">

      <tr>
        <td rowspan="2" style="white-space: nowrap; width: 27%; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of shares after adjustment =</font></td>
        <td style="width: 73%; border-bottom: black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of shares before adjustment &#215; exercise price before adjustment</font></td>
      </tr>
      <tr>
        <td style="layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Exercise price after the adjustment</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt">The above adjustment of the number of shares subject to the stock acquisition rights shall be made only for the number of shares subject to the stock acquisition rights that have
    not been issued or exercised at the time when any of the events causing the adjustment occurs. In addition, if the calculation results in fractions less than 1 share, this shall be rounded up.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.25in">2.</td>
        <td>If we effect a stock split or reverse stock split after the date of allotment of the stock acquisition rights, the exercise price shall be adjusted according to the following formula, and fractions less than JPY1 as a result of the adjustment
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&#160;</p>
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      <tr>
        <td rowspan="2" style="white-space: nowrap; width: 58%; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Adjusted exercise price = Exercise price before adjustment &#215;</font></td>
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      </tr>
      <tr>
        <td style="layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Ratio of split (or consolidation)</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.25in">3.</td>
        <td>If, after the allotment date, we issue new shares or dispose of treasury stock at a price below the market price of our common stock (excluding the cases where the issuance of new shares based on the exercise of subscription rights and the
          disposition of treasury stock through share exchange and the transfer of treasury stock through share exchange), the exercise price will be adjusted according to the following formula, and the fraction less than JPY1 due to the adjustment will be
          rounded up.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in">&#160;</p>
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      <tr>
        <td rowspan="3" style="width: 37%; layout-grid-mode: char"><font style="font-size: 10pt">Adjusted exercise price = Exercise price before adjustment &#215;</font></td>
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        <td style="width: 46%; border-bottom: black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of newly issued shares x Subscription price per share</font></td>
      </tr>
      <tr>
        <td style="border-bottom: black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Market value per share before new issue</font></td>
      </tr>
      <tr>
        <td colspan="2" style="layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of shares outstanding + Number of newly issued shares</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">In the above formula, "number of shares already issued" refers to the number of shares issued related to our common stock less the number of treasury shares related to our
    common stock. In addition, when we dispose of treasury shares related to our common stock, "number of newly issued shares" refers to the "number of treasury shares to be disposed."</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">Furthermore, in addition to the foregoing, in the event that, after the date of allotment of stock acquisition right warrants, we merge with another company, effect a company
    split, or otherwise require an adjustment of the Exercise Price in accordance with such cases, we shall be entitled to make an appropriate adjustment of the Exercise Price to the extent reasonable.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
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        <tr style="vertical-align: top; text-align: left">
          <td style="width: 33%">&#160;</td>
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    <p style="margin: 0pt">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Resolution of the Board of Directors on August 28, 2023) (51st Stock Acquisition Rights)</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <table cellspacing="0" cellpadding="5" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 47%; border: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Date of resolution</font></td>
        <td style="width: 53%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">August 28, 2023</font></td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Classification and number of grantees</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid">
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4.5pt">Employees 2</p>
        </td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Number of stock options (unit) &#8251;</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">1,350</font></td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Type, description and number of shares subject to stock acquisition
            rights (shares)*</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Common stock 135 thousand (Note 1)</font></td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Payment on exercise price of stock acquisition rights () &#8251;</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">2095 (Note) 2 (Note) 3</font></td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Period for exercising subscription rights &#8251;</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">From September 12, 2023 to September 12, 2028</font></td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Issue price for shares upon exercise of stock acquisition rights and
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        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid">
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        </td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Exercise of stock acquisition rights*</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid">
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            investors in a single quarter reaches 15 or more times, as reported at our management meeting in any quarterly period ending 1 year from the date of issuance of the stock acquisition rights.</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#9313;In cases where a holder of Share Options dies, the heirs of such holder of Share Options may exercise the Share Options.</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#9314;1 stock acquisition right warrant may not be exercised in part.</p>
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            or the share transfer plan in which we become a wholly-owned subsidiary was approved by the shareholders (except in any case where new share acquisition rights similar to the Share Acquisition Rights are issued by the surviving company or our
            wholly-owned parent company), (ii) when all or substantially all of our assets are sold, or (iii) when a third party acquires shares equivalent to 50% of the voting rights of our shareholders, we notify the holders of the share acquisition
            rights and the share acquisition rights are allotted 15 days after the notice is received. All stock acquisition rights that have not yet been exercised may be exercised.</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#9317;Holders of Share Options shall not be required to be directors, auditors, executive officers, or employees of the Company or any of its Affiliated
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        </td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Items related to transfer of subscription rights &#8251;</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Option transfer conditions Approval of the Board of Directors is required for the transfer of any
            options.</font></td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Matters related to the issuance of stock acquisition rights
            associated with reorganization actions*</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Not applicable.</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="background-color: white">&#8251;Details of the stock acquisition rights at the time of issuance (September 12, 2023) are shown below.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <!-- Field: Page; Sequence: 13 -->
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        <tr style="vertical-align: top; text-align: left">
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          <td style="text-align: center; width: 34%">- &#160;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --> -</td>
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        </tr>

    </table>
  </div>
  <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in">(NOTE)</td>
        <td style="width: 0.25in">1.</td>
        <td>In cases where the value of assets to be contributed upon the exercise of Share Options should be adjusted, the number of shares subject to Share Options shall be adjusted as follows.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="width: 87%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-left: 0.75in">

      <tr>
        <td rowspan="2" style="white-space: nowrap; width: 27%; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of shares after adjustment =</font></td>
        <td style="width: 73%; border-bottom: black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of shares before adjustment &#215; exercise price before adjustment</font></td>
      </tr>
      <tr>
        <td style="layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Exercise price after the adjustment</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt">The above adjustment of the number of shares subject to the stock acquisition rights shall be made only for the number of shares subject to the stock acquisition rights that have
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.25in">2.</td>
        <td>If we effect a stock split or reverse stock split after the date of allotment of the stock acquisition rights, the exercise price shall be adjusted according to the following formula, and fractions less than JPY1 as a result of the adjustment
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="width: 87%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-left: 0.75in">

      <tr>
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      </tr>
      <tr>
        <td style="layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Ratio of split (or consolidation)</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.25in">3.</td>
        <td>If, after the allotment date, we issue new shares or dispose of treasury stock at a price below the market price of our common stock (excluding the cases where the issuance of new shares based on the exercise of subscription rights and the
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          rounded up.</td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in">&#160;</p>
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      <tr>
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      <tr>
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      <tr>
        <td colspan="2" style="layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of shares outstanding + Number of newly issued shares</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">In the above formula, "number of shares already issued" refers to the number of shares issued related to our common stock less the number of treasury shares related to our
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">Furthermore, in addition to the foregoing, in the event that, after the date of allotment of stock acquisition right warrants, we merge with another company, effect a company
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
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  <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Resolution of the Board of Directors on September 4, 2023) (52nd Stock Acquisition Rights)</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <table cellspacing="0" cellpadding="5" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 47%; border: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Date of resolution</font></td>
        <td style="width: 53%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">September 4, 2023</font></td>
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            rights (shares)*</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Common stock 10 thousand (Note 1)</font></td>
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      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Payment on exercise price of stock acquisition rights () &#8251;</font></td>
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      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Period for exercising subscription rights &#8251;</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">From September 21, 2023 to September 20, 2025</font></td>
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      <tr>
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        </td>
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      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Exercise of stock acquisition rights*</font></td>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#9313;1 stock acquisition right warrant may not be exercised in part.</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#160;</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 15.3pt; text-indent: -9pt">&#9314;The terms and conditions for the exercise of other rights shall be governed by the provisions of the Share Option Grant Agreement concluded between
            the Company and the holders of Share Options.</p>
        </td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Items related to transfer of subscription rights &#8251;</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Option transfer conditions Approval of the Board of Directors is required for the transfer of any
            options.</font></td>
      </tr>
      <tr>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Matters related to the issuance of stock acquisition rights
            associated with reorganization actions*</font></td>
        <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char"><font style="font-size: 10pt">Not applicable.</font></td>
      </tr>

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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="background-color: white">&#8251;Details of the stock acquisition rights at the time of issuance (September 20, 2023) are shown below.</font></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in">(NOTE)</td>
        <td style="width: 0.25in">1.</td>
        <td>In cases where the value of assets to be contributed upon the exercise of Share Options should be adjusted, the number of shares subject to Share Options shall be adjusted as follows.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="width: 87%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-left: 0.75in">

      <tr>
        <td rowspan="2" style="white-space: nowrap; width: 27%; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of shares after adjustment =</font></td>
        <td style="width: 73%; border-bottom: black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of shares before adjustment &#215; exercise price before adjustment</font></td>
      </tr>
      <tr>
        <td style="layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Exercise price after the adjustment</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">The above adjustment of the number of shares subject to the stock acquisition rights shall be made only for the number of shares subject to the stock acquisition rights that
    have not been issued or exercised at the time when any of the events causing the adjustment occurs. In addition, if the calculation results in fractions less than 1 share, this shall be rounded down.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.25in">2.</td>
        <td>If we effect a stock split or reverse stock split after the date of allotment of the stock acquisition rights, the exercise price shall be adjusted according to the following formula, and fractions less than JPY1 as a result of the adjustment
          shall be rounded up.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&#160;</p>
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      <tr>
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        <td style="width: 42%; border-bottom: black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">1</font></td>
      </tr>
      <tr>
        <td style="layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Ratio of split (or consolidation)</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.25in">3.</td>
        <td>If, after the allotment date, we issue new shares or dispose of treasury stock at a price below the market price of our common stock (excluding the cases where the issuance of new shares based on the exercise of subscription rights and the
          disposition of treasury stock through share exchange and the transfer of treasury stock through share exchange), the exercise price will be adjusted according to the following formula, and the fraction less than JPY1 due to the adjustment will be
          rounded up.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in">&#160;</p>
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      <tr>
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        <td rowspan="2" style="width: 18%; border-bottom: black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of issued stocks +</font></td>
        <td style="width: 44%; border-bottom: black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of newly issued shares x Subscription price per share</font></td>
      </tr>
      <tr>
        <td style="border-bottom: black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Market value per share before new issue</font></td>
      </tr>
      <tr>
        <td colspan="2" style="layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">Number of shares outstanding + Number of newly issued shares</font></td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">In the above formula, "number of shares already issued" refers to the number of shares issued related to our common stock less the number of treasury shares related to our
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">Furthermore, in addition to the foregoing, in the event that, after the date of allotment of stock acquisition right warrants, we merge with another company, effect a company
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in">&#160;</p>
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        <td style="width: 0.5in"></td>
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        <td>[Status of other stock acquisition rights]</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">Not applicable.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.5in">&#160;</p>
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  <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid">
    <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

        <tr style="vertical-align: top; text-align: left">
          <td style="width: 33%">&#160;</td>
          <td style="text-align: center; width: 34%">- &#160;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --> -</td>
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    </table>
  </div>
  <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.25in"></td>
        <td style="width: 0.25in">(3)</td>
        <td>[Status of Exercise of Bonds with Stock Acquisition Rights with Exercise Price Adjustment, etc.]</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Not applicable.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.25in"></td>
        <td style="width: 0.25in">(4)</td>
        <td>[Changes in the number of issued shares, capital stock, etc.]</td>
      </tr>

  </table>
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  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: bottom">
        <td style="white-space: nowrap; text-align: center; border-bottom: Black 1pt solid">Date</td>
        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
        <td colspan="3" style="white-space: nowrap; text-align: center; border-bottom: Black 1pt solid">Number of issued <br>
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
        <td colspan="3" style="white-space: nowrap; text-align: center; border-bottom: Black 1pt solid">Number of issued <br>
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          Balance Co., Ltd.</td>
        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
        <td colspan="3" style="white-space: nowrap; text-align: center; border-bottom: Black 1pt solid">Change in common <br>
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
        <td colspan="3" style="white-space: nowrap; text-align: center; border-bottom: Black 1pt solid">Common stock balance <br>
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
        <td colspan="3" style="white-space: nowrap; text-align: center; border-bottom: Black 1pt solid">
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
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            paid-in capital <br>
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        </td>
      </tr>
      <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
        <td style="width: 10%; padding-left: 2pt">July 1, 2023-September 30, 2023</td>
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        <td style="width: 1%">&#160;</td>
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        <td style="width: 12%; text-align: right">47,514,843</td>
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        <td style="width: 1%">&#160;</td>
        <td style="width: 1%; text-align: left">&#160;</td>
        <td style="width: 12%; text-align: right">10,913,100</td>
        <td style="width: 1%; text-align: left">&#160;</td>
        <td style="width: 1%">&#160;</td>
        <td style="width: 1%; text-align: left">&#160;</td>
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        <td style="width: 1%; text-align: left">&#160;</td>
        <td style="width: 1%">&#160;</td>
        <td style="width: 1%; text-align: left">&#160;</td>
        <td style="width: 12%; text-align: right">10,873,100</td>
        <td style="width: 1%; text-align: left">&#160;</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0"></td>
        <td style="width: 0.5in">(NOTE)</td>
        <td>Increase due to exercise of subscription rights to shares.</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.5in">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.25in"></td>
        <td style="width: 0.25in">(5)</td>
        <td>[Major Shareholders]</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt">This quarterly accounting period is the 3Q accounting period, so there are no items to be stated.</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.5in">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.25in"></td>
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      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 41.4pt; text-indent: -0.6pt">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
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        <td>[Issued Shares]</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in">&#160;</p>
  <table cellspacing="0" cellpadding="4" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

      <tr>
        <td style="width: 34%; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: right">&#160;</td>
        <td style="width: 11%; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: right">&#160;</td>
        <td style="width: 11%; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: right">&#160;</td>
        <td style="width: 22%; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: right">&#160;</td>
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      <tr style="background-color: White">
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        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char"><font style="font-size: 10pt">-</font></td>
        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
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      <tr style="background-color: White">
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        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
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      <tr style="background-color: White">
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        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
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      <tr style="background-color: White">
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        <td rowspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
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      <tr style="background-color: White">
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      <tr style="background-color: White">
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        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
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      <tr style="background-color: White">
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        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
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      <tr style="background-color: White">
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        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
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      <tr style="background-color: White">
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        <td style="border-bottom: Black 1pt solid; padding-left: 4.5pt; layout-grid-mode: char">&#160;</td>
        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char"><font style="font-size: 10pt">-</font></td>
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        <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: char; text-align: center"><font style="font-size: 10pt">-</font></td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-indent: -0.25in"></p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.5in"></td>
        <td style="width: 0.25in">&#9313;</td>
        <td>[Treasury stock]</td>
      </tr>

  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&#160;</p>
  <table cellspacing="0" cellpadding="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">

      <tr style="vertical-align: bottom">
        <td style="text-align: right">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td>&#160;</td>
        <td colspan="2" style="text-align: right">&#160;</td>
        <td>&#160;</td>
        <td>&#160;</td>
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        <td>&#160;</td>
        <td>&#160;</td>
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        <td style="text-align: center; white-space: nowrap; padding-bottom: 1pt">&#160;</td>
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        <td style="text-align: center; white-space: nowrap; padding-bottom: 1pt">&#160;</td>
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      <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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        <td style="width: 16%; text-align: left">Nihonbashi-honcho, Chuo-ku, Tokyo <br>
          2-Chome 2-No 2</td>
        <td style="width: 1%">&#160;</td>
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        <td style="width: 1%; text-align: left">&#160;</td>
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      <tr style="vertical-align: bottom; background-color: White">
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
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  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-indent: -9pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

      <tr style="vertical-align: top">
        <td style="width: 0.25in"></td>
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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-indent: 1.8pt">&#160;</p>
  <table width="100%" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">

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  </table>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-indent: 1.8pt">&#160;</p>
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      <tr>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Number of</p>
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      <tr>
        <td style="width: 8%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CFO</p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: justify">&#160;</p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: justify"><font style="background-color: white">2003 </font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: justify"><font style="background-color: white">2008 </font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: justify">&#160;</p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: justify"><font style="background-color: white">2017 </font></p>
          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: justify">&#160;</p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: justify"><font style="background-color: white">2023 </font></p>
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        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: right">&#160;</td>
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      <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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        <td>&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">1,693,412</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">1,573,751</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">5,410,007</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">196,543</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">63,740</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">1,085,535</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">1,511,210</td>
        <td style="text-align: left">&#160;</td>
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        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="text-align: center; padding-bottom: 1pt">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">11,049,310</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">18,142,601</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="text-align: center; padding-bottom: 1pt">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">17,147,264</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">26,701,311</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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      <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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        <td style="text-align: center; padding-bottom: 2.5pt">&#160;</td>
        <td style="padding-bottom: 2.5pt">&#160;</td>
        <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td>
        <td style="border-bottom: Black 2.5pt double; text-align: right">33,906,981</td>
        <td style="padding-bottom: 2.5pt; text-align: left">&#160;</td>
        <td style="padding-bottom: 2.5pt">&#160;</td>
        <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td>
        <td style="border-bottom: Black 2.5pt double; text-align: right">48,468,006</td>
        <td style="padding-bottom: 2.5pt; text-align: left">&#160;</td>
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        <td style="padding-left: 20.5pt">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">157,744</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">83,808</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">546,790</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">724,731</td>
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      <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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        <td>&#160;</td>
        <td style="text-align: center">6</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">9,706,958</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">15,908,122</td>
        <td style="text-align: left">&#160;</td>
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        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="text-align: center; padding-bottom: 1pt">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">181,027</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">178,357</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="text-align: center; padding-bottom: 1pt">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">10,592,520</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">16,895,018</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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      <tr style="vertical-align: bottom; background-color: White">
        <td style="padding-left: 33.5pt">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">949,612</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">759,871</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">6</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">200,000</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">1,300,000</td>
        <td style="text-align: left">&#160;</td>
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      <tr style="vertical-align: bottom; background-color: White">
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">179,611</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">186,962</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">1,179,254</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">1,543,898</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">6</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">7,225</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">7,069</td>
        <td style="text-align: left">&#160;</td>
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      <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="text-align: center; padding-bottom: 1pt">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">987,788</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">1,188,574</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="text-align: center; padding-bottom: 1pt">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">3,503,492</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">4,986,377</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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      <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="text-align: center; padding-bottom: 1pt">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">14,096,013</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">21,881,395</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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      <tr style="vertical-align: bottom; background-color: White">
        <td style="padding-left: 20.5pt">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">10</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">10,893,070</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">10,912,241</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">9,10</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">6,233,386</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">5,500,673</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right"><font style="font-size: 10pt">&#9651;756</font></td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right"><font style="font-size: 10pt">&#9651;10,147</font></td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">696,360</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">2,909,635</td>
        <td style="text-align: left">&#160;</td>
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        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="text-align: center; padding-bottom: 1pt">9</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">3,147,631</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
        <td style="padding-bottom: 1pt">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">4,907,710</td>
        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
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        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="width: 14%; text-align: center"></td>
        <td style="width: 1%">&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: center">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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      <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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        <td>&#160;</td>
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        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Cumulative 3Q of the Previous Fiscal Year (From January 1, 2022 to September 30, 2022)</p>
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        <td style="text-align: right">&#160;</td>
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        <td style="border-bottom: Black 1pt solid; text-align: right">4,506,867</td>
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        <td>&#160;</td>
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        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
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        <td>&#160;</td>
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      <tr style="vertical-align: bottom; background-color: White">
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
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        <td style="padding-bottom: 1pt">&#160;</td>
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        <td style="padding-bottom: 1pt">&#160;</td>
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        <td style="border-bottom: Black 1pt solid; text-align: right">17,024</td>
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        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">17,024</td>
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        <td style="border-bottom: Black 1pt solid; text-align: right">9,914,183</td>
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        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
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        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
        <td style="border-bottom: Black 1pt solid; text-align: right">17,215,191</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">(Time deposits over 3 months)</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">&#160;</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">(Lease and guarantee deposits)</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">The fair value of leasehold and security deposits is estimated by classifying them by contract and discounting them at a rate that considers credit risk to an appropriate
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">(Loans)</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">The fair value of loans approximates their carrying amounts due to their short maturities.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">(Long-term deposits)</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">(Investments in capital)</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">(Borrowings)</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">(Guarantee deposits received)</p>
  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">The fair value of guarantee deposits received is estimated by discounting the future cash flows at an interest rate calculated by adding credit risk to an appropriate index,
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">(Other financial instruments)</p>
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        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
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        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
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        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
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        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
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        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
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        <td style="padding-bottom: 1pt; text-align: left">&#160;</td>
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        <td style="text-align: right">&#160;</td>
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        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td style="text-align: left">&#160;</td>
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        <td style="text-align: left">&#160;</td>
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        <td style="text-align: right">15,891,097</td>
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        <td style="border-bottom: Black 1pt solid; text-align: right">17,024</td>
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        <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td>
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        <td style="text-align: right">627,147</td>
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        <td style="width: 1%; text-align: left">&#160;</td>
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        <td style="width: 1%; text-align: left">&#160;</td>
        <td style="width: 1%">&#160;</td>
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        <td style="text-align: right">1,948,701</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">1,233,165</td>
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        <td style="text-align: left">&#160;</td>
        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">4,963,557</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Basic earnings per share for the 3Q of each fiscal year and the basis for calculating such earnings are as follows.</p>
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
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          <p style="margin-top: 0; margin-bottom: 0">of the fiscal year under review <br>
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
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        <td style="width: 1%">&#160;</td>
        <td style="width: 1%; text-align: left">&#160;</td>
        <td style="width: 12%; text-align: right">399,618</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Diluted earnings per share for the 3Q of each fiscal year and the basis for calculating such earnings are as follows:</p>
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          <p style="margin-top: 0; margin-bottom: 0">of previous fiscal year <br>
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
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          <p style="margin-top: 0; margin-bottom: 0">of fiscal year under review <br>
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        <td style="width: 1%">&#160;</td>
        <td style="width: 1%; text-align: left">&#160;</td>
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        <td style="width: 1%; text-align: left">&#160;</td>
        <td style="width: 1%">&#160;</td>
        <td style="width: 1%; text-align: left">&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">47,487,233</td>
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        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">&#160;</td>
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        <td>&#160;</td>
        <td style="text-align: left">&#160;</td>
        <td style="text-align: right">435,126</td>
        <td style="text-align: left">&#160;</td>
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        <td style="text-align: right">487,690</td>
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        <td>&#160;</td>
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        <td style="text-align: right">47,904,873</td>
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        <td style="text-align: right">47,974,923</td>
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        <td>&#160;</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Diluted earnings per share for the 3Q of each fiscal year and the calculation basis are as follows:</p>
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      <tr style="vertical-align: bottom">
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
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        <td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
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        <td style="width: 1%">&#160;</td>
        <td style="width: 1%; text-align: left">&#160;</td>
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        <td style="width: 1%">&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">47,485,718</td>
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        <td style="text-align: right">47,488,778</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">48,244,443</td>
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        <td>&#160;</td>
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        <td>&#160;</td>
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        <td style="text-align: right">8.28</td>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in">Our Group has been developing its business in Japan, the United States, and China with the 2 pillars of the pharmaceutical business and the medical device (bio-materials)
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Cash US$15 million</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">It has not been determined at this time.</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">November 14, 2023</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 10.5pt">To the Board of Directors</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>
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          <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Designated Limited Liability Partners</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">In accordance with the provisions of Article 193-2, Paragraph 1 of the Financial Instruments and Exchange Act, the Company shall during the 3Q
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  <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
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  <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">
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<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>5
<FILENAME>gyre-20231114_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" xlink:title="EntityCentralIndexKey" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="EntityIncorporationStateCountryCode" xlink:title="EntityIncorporationStateCountryCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityIncorporationStateCountryCode" xlink:title="presentation: CoverAbstract to EntityIncorporationStateCountryCode" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:label="EntityTaxIdentificationNumber" xlink:title="EntityTaxIdentificationNumber" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry" xlink:label="EntityAddressCountry" xlink:title="EntityAddressCountry" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityAddressCountry" xlink:title="presentation: CoverAbstract to EntityAddressCountry" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="EntityAddressPostalZipCode" xlink:title="EntityAddressPostalZipCode" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="CityAreaCode" xlink:title="CityAreaCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="CityAreaCode" xlink:title="presentation: CoverAbstract to CityAreaCode" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="LocalPhoneNumber" xlink:title="LocalPhoneNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="LocalPhoneNumber" xlink:title="presentation: CoverAbstract to LocalPhoneNumber" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="Security12bTitle" xlink:title="Security12bTitle" />
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    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="TradingSymbol" xlink:title="presentation: CoverAbstract to TradingSymbol" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_NoTradingSymbolFlag" xlink:label="NoTradingSymbolFlag" xlink:title="NoTradingSymbolFlag" />
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>6
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.23.3</span><table class="report" border="0" cellspacing="2" id="idm140516464842000">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Nov. 14, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Nov. 14,  2023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">000-51173<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Gyre Therapeutics, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001124105<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">56-2020050<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">12770 High Bluff Drive<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 150<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">San Diego<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CA<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">92130<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">619<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">949-3681<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">GYRE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
