The horrid description for that product and the maximum power rating of only 250W hints at what it really is:
It's a triac dimmer - the sort you can buy here: https://www.toolstation.com/axiom-push-dimmer-switch/p18884 or in any other similar outlet.
Will mostly work in a buzzing, overheating, burning up way with some types of motor, and not at all with others.
Banggood website said:The working principle of the single-phase AC motor governor is to connect the bidirectional thyristor in the motor control loop to control the conduction angle of the thyristor to control the terminal voltage of the motor.
It's a triac dimmer - the sort you can buy here: https://www.toolstation.com/axiom-push-dimmer-switch/p18884 or in any other similar outlet.
Will mostly work in a buzzing, overheating, burning up way with some types of motor, and not at all with others.