Probably. Albeit (I'm just guessing) at a higher level than your typical popular price point Hanpin product. At least from the looks.
One thing to consider: back in the heyday of Japanese record players, I strongly suspect that there was an OEM producing decks for Sony, Denon, and JVC. Why do I say that? Because many of their respective models had both the inside-the-platter magnetic tape head tachometer servo, along with the interesting electro-mechanical arm damping/tracking force adjustments. I find it almost beyond belief that three different companies independently developed and put into manufacture essentially identical tech.
So, just because something is produced OEM doesn't necessarily mean it is less than worthy of consideration. That said, it would totally surprise me if the new Denon, as good as it might be, is as sophisticated as anything mid level to top tier that Denon was selling forty to fifty years ago.
CEC was the OEM for many of the second-tier Japanese tts of the 1970s (e.g., some marantz and Yamaha models, some Radio Shack "Realistic" tts -- and many others).
Here's an example: The marantz 6100, a bare-bones/entry-level belt drive.
(not my image, but I did have one of these for a while)
Some Sony tts may have been CEC made. I don't think that Denon or JVC were, though. There could have been other big OEM, but I don't know. JVC certainly had the in house skill set to do a good tt (and some of those JVC decks were quite nice indeed). The V in JVC = "Victor" as in "RCA Victor" as in "Victrola" as in "His Master's Voice".
FWIW, I don't think the Denon deck mentioned earlier in this thread is Hanpin OEM. I
think it's Yahorng. But that is, as they say, a SWAG based on morphology. It is almost certainly one or the other.