I've got something very similar for my milling machine. Mine's actually a Newker (not Newkye) but the experience is likely to be very similar. They seem to be very capable but the main challenge is decrypting the user "manual" which has been machine translated and contains some very strong Chinglish. It's only after using mine for a year or so that I have been able to understand WTF some of it was on about. Consequently, I've pretty much rewritten the manual myself in Queen's English.

Note however, that the lathe version will have different functionality (it's a different product to the mill version, with different front panel switches and software). Also note that Newker and Newkye actually have different software, as they are quite different companies. I discovered this when I emailed Newkye for support and they pointed out I had a Newker...

So yes and no - they are apparently identical physically but contain different software at the very least. Your link shows a discontinued product but IIRC, I paid about £300 for mine when I was in China and TBH it wasn't a bad deal. I have it fitted on my Bridgeport conversion, having taken it off my larger Shizuoka mill which now has a Centroid Acorn. The reason for that was partly so I could do probing on The Shiz and also I couldn't get the tool length offset measurement macros to work. I suspect this was because they were intended for a bed mill - I have a turret mill.

You can buy these direct from the manufacturer via AliExpress, which is the route I'd go, although you will get ripped off blind on the way into the UK by the combined forces of the tax man and the parcel courier.https://www.aliexpress.com/i/33052688069.html