There is a huge difference. Fastace have three models. AS-03, AS-02 and AS-01.
AS-01 is the top of the range and doesn't exist yet. It will have chromolly lower tubes with Ti Nitrite surface treatment and I think be 38mm. They will feature both compression and rebound adjustment on EACH leg. Also, no more nitrogen preload adjustment, but external spring preload adjustment instead. There is already a good Taiwanese fork like this made by DNM.
AS-02 uses 7075 aluminum lower tube in 38mm construction and has compression adjustment on one leg and rebound on the other. No spring preload adjustment except that done by modification by owner and the nitrogen pressure, they do need a shim stack for bigger riders.
AS-03 have chrome steel construction on the legs and are only 35mm. They also have a dummy compression adjuster that does nada. Still a reasonable fork just have to mod them yourself like any other fork to make them work for you.