TL;DR: no

I just received some new Convoy H1’s from Banggood yesterday. The reflector appears to be exactly the same, though I’ll say that none of mine have shown what I would call a donut hole (new or old versions). I do see some minor tint shift, but nothing nearly as badly as what you’d get with a flip chip LED like an XP-L2 or XP-G3. I’m wondering if that tint shift was perceived as a donut hole?

I can’t believe there still isn’t thermal management, even if it’s a dumb timed step down. I turned the light on Turbo and walked away, then came back in 18 minutes. The H1’s output had only dropped 5% and the head was at least 63°C. I picked it up and the whole thing felt incredibly hot. I imagine it was even hotter earlier in the run.

The UI itself is a bit better. Single click for on / off. Hold for stepping up, four levels. There’s mode memory, but also direct access to the lowest level (hold from off) and turbo (double click from off). I just can’t believe they went to the trouble of updating the UI without doing something about the thermal management. Oh well… it looks like this new shipment of H1’s is getting MCU swaps with the D4 V2 UI.