This announcement is a separate document:
国浩律师（上海）事务所关于上海家化联合股份有限公司调整2020年限制性股票激励计划回购价格和2022年限制性股票激励计划回购价格的法律意见书
Legal opinion from Guohao Law Firm (Shanghai) regarding Shanghai Jahwa United's adjustment of the repurchase prices for the 2020 restricted stock incentive plan and 2022 restricted stock incentive plan.
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