Techman56, Welcome to the forum. What you have is a fairly well made copy of the 1911. I have s/n M04xx. It should be about 10-12 years old. I can't remember where it was made but other than a slight problem with the slide stop catching the slide before the mag was empty it functioned fine. A used surplus slide stop fixed the problem and runs perfectly now. When I bought mine it was very inexpensive, especially with the fact that all of the tolerances were tighter than the Colt 70 series I own.
Shoot the snot out of it and enjoy, just watch the web of your hand. The hammer on mine bites the flesh between my thumb and finger sometimes as the hammer has not been rounder over any.
Larry