I noticed the teaser for this radio on 409shop's website when I was looking up the current prices for the UV-3R radios. I've actually seen a different radio on Alibaba recently too but my inquiries are ignored or responded to by telling me that radio isn't ready yet.
According to these links:
It's similar to, or it is actually this radio made by Kirisun:
I'm not sure though because the Frequency list here doesn't seem very useful for Amateur Radio needs. Another link that I've been to lists it as 400-470Mhz which would be useful and fairly standard actually for Chinese radios. It can do analog FM and digital modulation. All the details I can find on the digital is that it is 4FSK and it can create two 6.25Khz channels in a 12.5Khz frequency space which kinda sounds like TDMA?
It'd be cute if these were firmware reprogrammable and you could do codec2 on whatever chip is inside. I have a feeling it's the same old awful IMBE/AMBE type chips that you can only get through DVSI, like on D-Star. Of course this is coming from China, I guess it's possible they've reverse engineered those codecs and put them on a chip that can be reprogrammed to codec2 one day. That would make this radio more valuable. I just read on the hamgear link that they will be software updateable. So you can add more features, but no idea if that would include the codec or not. I'm guessing not, but we can always hope so.
Word is the pricing is going to be $200. A lot more expensive than other Chinese radios but you have the digital price premium to pay. (And the DVSI tax if it does use the DVSI chips)