Myanmar red has low value and poor color. A good product of this size is probably 800- 1200 yuan.
Sri Lanka Hongbao has high value and bright color. A good product of this size costs about 5,000-8,000 yuan.
The picture is too small to be true or false, but the word zirconia: zirconia red treasure belongs to corundum. Alumina also contains elements chromium: chromium and zirconia: zirconia has nothing to do with it. I suggest you go to the domestic GIA CMA appraisal institution to verify the authenticity again.