It has been quite a while since QiYi has released any megaminx, the last relevant megaminx they released was the Galaxy V2M from almost 6 years ago. Now they have released two budget megaminxes, the first being the QiHeng S2 which is a non-magnetic megaminx available at a very low price, I feel it turns better than its competitors so would probably be my go to at that price. They also released a magnetic version which is the same price as the YuHu V2M, its performance is certainly comparable to the YuHu V2M and potentially even exceeds it, it is definitely ahead of competitors such as the YuXin Little Magic V3M and may potentially become my recommendation for a budget megaminx.
Other Posts

What 5x5 should you buy in 2025?
Best 5x5 Speedcubes in 2025 – What to Buy (Budget to Pro) The 5x5 market hasn’t changed much...

Solving 100 different 3x3 cubes in under 10 seconds.
Thank you to @Blitzcubingg for editing this out of my stream. This was...

What 7x7 should you buy in 2025?
Best 7x7 Speedcubes in 2025 – Budget to Pro (MoYu, QiYi, YJ, DianSheng) 7x7 is the largest puzzle...