This announcement is a separate document:
*ST红相：上海荣正企业咨询服务（集团）股份有限公司关于红相股份有限公司终止2022年限制性股票激励计划相关事项之独立财务顾问报告
*ST Hongxiang: Independent Financial Advisory Report of Shanghai Rongzheng Enterprise Consulting Services (Group) Co., Ltd. on matters relating to the termination of the 2022 Restricted Stock Incentive Plan by Hongxiang Co., Ltd.
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