I know absolutely nothing about such things, but this certainly looks like a beautiful model of a most interesting vessel.
I gather the coxwain (or whatever she/he is titled) sits rather precariously in the bow, beating time for the oarsmen with the drum? It looks fast - if not particularly stable. The photos don't show the stern; how does the steering work? I assume this is an Asian variant of the sport that's migrated to the U.S. west coast. Do many of the universities out there take part? [Later edit: I clicked on the link, and got the photo of the steering board. One of these days I hope to get to the west coast again. I hope I'll be able to watch a dragon boat race. It looks like a fascinating contrast with the western racing shell idea. I wonder if there'd be any support for adding a dragon boat tournament to the Olympics.]
This is a useful reminder to American and European modelers out there: Asia is the domain of all sorts of ship and boat types that, in addition to provoking thought about design characteristics that westerners all-too-often take for granted, make interesting and attractive models. I'm a fan of the Conway's History of the Ship series of books, but my biggest criticism of it is its lack of coverage of non-western subjects. There's a chapter in the first volume on the origins of some east-Asian types (e.g., the Chinese Junk), but the other volumes covering the sailing ship period completely ignore everything but the European and American traditions.
Youth, talent, hard work, and enthusiasm are no match for old age and treachery.