As someone who live in China and has been in the area for decades, the only reason why I have not heard about it until today is pretty obvious - it is a toy implementation no one cares about. There is actually a dedicated term in Chinese describing such junk - “落后产能”, which means backward production capacity.
They knew the expected performance, they knew it is going to be laughed by peers in the area, but they still did it for a good reason - to just fool certain low IQ investors in China to get a free ride of the whole RISC-V thing. Whoever behind this laughable release should really be ashamed - what is the next move? glue together maybe 1024 of those 8051 "cores" and claim it has built a supercomputer on a chip?