This announcement is a separate document:
上海荣正企业咨询服务（集团）股份有限公司关于黑牡丹（集团）股份有限公司2020年限制性股票激励计划第三个解除限售期解除限售条件未成就暨回购注销剩余限制性股票相关事项之独立财务顾问报告
Independent Financial Advisory Report of Shanghai Rongzheng Enterprise Consulting Service (Group) Co., Ltd. on matters relating to the third cancellation period of the 2020 Restricted Stock Incentive Plan of Black Peony (Group) Co., Ltd., the unfulfilled sales restriction conditions and the repurchase and cancellation of the remaining restricted stocks
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