There are so many things here that raise my eyebrows.
First, electropolishing is not the same thing as passivation. If he thinks it is, anyone who ordered one is going to enjoy a nice little side of tea staining to go along with their razor.
Second, since when is 316 an "upgrade?" The previous razor was 17-4 stainless, which is just about the finest metal you can make a razor with. 316 is marginally better than 304, and both of those are considered standard stainless razor material, so technically he should have said "downgrade," but that probably didn't quite hit the vibe he was going for.
Still, I gotta admit, it looks pretty nice for an $80 razor.
Edit: didn't look at the price. Now that I have, I can't stop laughing. I won't be owning one. I don't have anything against expensive Chinese products, but I want my money's worth.