I built a similar kit, bought on Banggood.
I did not include a power supply, so I got one from Banggood.
The supplied palstic case was too small, so i put everything inside an Hammond case I had on a shelf.
The soldering iron works very well, but if I wire the the tip's ground pin to PE (and the case) the display become unstable.
The instruction provided are not up-to-date: they show two wires for powering the board, but in effect there are three wires: red (positive) black (negative) and a green one that is connected to tip ground pin.
I presume this is intended for tip grounding.
In any case if I ground the tip I have an unstable display.
I tested again with my bench DC power supply, thus replacing the Chines board, but it is still unstable.
I see that the OP reports that TIP and negative are connected on the main PCB. It is not my case, they are separated.
If I connect them togheter, the display is unstable.
For now I have no time for further testing, and I'll keep the station with ungrounded tip...