Pardon my French, but that thing looks like a gigantic Chinese piece of shit.
For one, it hangs so low that your departure angle is going to suck big time. For two, it probably weighs in excess of 120 lbs, so you're going to feel it in both your fuel economy and performance.
For three, these Chinese bumpers aren't powder coated, they are spray painted with cheap stuff that flakes off with little effort.
And finally, have you ever run a swing out tire carrier mounted to the bumper? I would strongly discourage one in and instead go with a tailgate mounted tire carrier like the MORryde / Exogate. While there are some bumper mounted tire carriers that work okay, I would say the majority of them present a number of issues that aren’t apparently obvious until you’ve used it for a while, until it finally dawns on you why so many of us recommend against them.