Doesn't seem to be anything more than *another* variation of Clorox II liquid hydrogen peroxide bleach. No enzymes (it can't have, peroxide would kill/denature), and no activators.
Liquid hydrogen peroxide is a decent and gentle enough oxygen bleach. Though often takes higher temps to really get going. OTOH if one wants less aggressive and or more control over things, it isn't a bad way to go. Because it is in liquid form less rinsing compared to powdered oxygen bleaches is necessary.
Power wise sodium percarbonate is still stronger IIRC.
Consumer Reports many, many years ago tested liquid hydrogen bleaches (Clorox II, Snowy, and some others whose names escape me),and found them wanting even when compared to powdered (then still sodium perborate) bleaches.
Thing about Clorox II liquid oxygen bleach is that they found out not long after invention what professional laundry persons knew for ages; the addition of small amounts of an alkaline substance (laundries/dry cleaners often use ammonia) increases the bleaching action of hydrogen peroxide.
At first Clorox II used STPP (have a bottle of the stuff), now they've moved onto sodium hydroxide (lye) as a "pH balancer".