Yeah, this site is loaded up with products that they obviously aren't the producer of. There's also a buy/sell section which seems to be for people to trade their old goods.
Three possibilities I can see:
1) They've cloned the Pandora for $166. You need to contact them to buy one (or many).
2) They're testing the water to see if anyone is interested in a clone, though they've not actually produced one yet.
3) Someone is selling their Pandora through this company, or something similar.
The more I try to understand this website, the more I think that #3 is most likely. Just check out the root hisupplier.com. Wanha Electrics seems to be a "store" on hisupplier, they aren't actually making and selling Pandoras anymore than they are making and selling iPads or Samsung laptops. It's just on their site as something they are selling. It'd be like complaining that ebay is making Pandora clones.