Advice Request What is 360 Mobile Security Lite (MobiMagicDevelop) - Is it Unsafe?

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From Qihoo 360 we get:

• Windows protection: 360totalsecurity.com
• Android protection: 360securityapps.com
  • Directed to Google Play Store: 360 Security -Free Antivirus,Booster,Space Cleaner - Android Apps on Google Play

What is 360 Mobile Security Lite?

Developer: MobiMagicDevelop

https://play.google.com/store/apps/dev?id=8867589291164198864
https://play.google.com/store/apps/details?id=com.qihoo.security.lite

Left: (mobimagicdevelop) and Right: (360 Mobile Security Ltd)