Without going into a detailed analysis, I would conjecture that the second signature incremental file section is not properly formed. The PDF spec says that the last line of a file must be %%EOF, and Each line shall be terminated by an end-of-line (EOL) marker, which may be a CARRIAGE RETURN (0Dh), a LINE FEED (0Ah), or both. In this file, the %%EOF at the end of the first section is followed immediately by an object in the incremental save section (1 0 obj) which deleted the EOL at the end of the first section. I notice that if I "Enable Editing" of the file, the second signature appearance disappears. You might also have words with the ShenZhen Certificate Authority, since they are still using SHA1, when that has been deprecated for several years in favor of SHA256. And, I expect, their certificates are also still malformed (using BER encoding rather than DER encoding).
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