Tenuki's link says:
This tea is grown in the Wuyi Mountains of China and has a really unique taste of sweet milk. ...milk oolong can be difficult to find and may cost more than other oolong teas; however because of the high quality of this tea, the leaves can be brewed three times. This makes milk oolong an economical buy.
Well, it doesn't look at all like a Wuyi tea to me (looks like a Formosa jade)...
You might note that Wuyi is a mountain rather than a tea. Wuyi yancha (Wuyi rock tea) is the type that Wuyi is famous for producing, but there are other teas that come out of Wuyi as well and likely from different cultivars.
...and I don't know of any decent oolong that can't be infused at least 3 times, so I took that explanation with a grain of salt.
How many steeps you get can depend on how you brew it, and that appears to be from the person writing the article; the listing at the tea shop that sells it
doesn't mention number of infusions.
Getting an idea of how many steeps you can get (if you can discern the brewing method) can be a roundabout way to give you an idea of the quality. Personally I probably wouldn't expect a lot from that particular tea, but I don't see anything untoward there.