The reduced price will be valid only during launch before bouncing back up to around $500 USD. The thin and attractive modern chassis design will be balanced by an older and slower passively-cooled Intel Core m7 CPU.
https://www.notebookcheck.net/BMAX-Y14-Pro-launching-on-November-11-for-459-USD-uses-the-same-Core-m7-6Y75-CPU-as-the-2016-MacBook-Air.577775.0.html