Obviously this badge was designed after the order of Striped Tiger.
Because of the positioning of the yin-yang symbol it looks like a Shinminkai award https://asiamedals.info/threads/new-peoples-society-of-the-republic-of-china-shinminkai-badges.26468/ but since New People's Society of the...
1937 creating a new shanghai after the war medal
1937年戰後創造新上海紀念章
dadaogovernment badge
dadaogovernmentmedaldadao municipal government of shanghai medal
great way municipal government of shanghai badge
great way municipal government of shanghai medal
japanese puppet state badge
japanese puppet state medal
戰後創造新上海紀念章