The premise of the new theory is described in the published paper, where it is described that a 'standing wave model provides a new direction for the understanding of superconductivity and for the design of new superconductors.' No citations to it though, so not sure if there's any validity.
The community has already passed judgment on it by a lack of citations of citations of either paper and the lack of publication of one of the two. It is not worth my time to see if there are any nuggets of gold in them.