I am not familiar with this company, but looking around the site, it just seems like another Chinese wholesaler. Most of the lasers they sell on sites like this are very low quality, and the power readings may be entirely made up. Sometimes there are higher quality products on these sites, and looking around a little, I found a page listing Sanwu's pocket series, except all the power levels were insanely inflated. The highest power laser sanwu puts in that host is 800mw at 445nm, yet on HTPOW, it is listed as 8000mw. If there was actually that much power in that host, you would probably only get a duty cycle of a few seconds.
What I am trying to tell you is that seeing that is a decent indication that you will not get a 500mw laser, especially green. High power green lasers in general are expensive, especially 532nm dpss lasers. If the laser you bought was dpss, the minimum price you should of paid is probably somewhere around $400. Most of their "500mw" lasers are well below this, and some are in pen hosts which would be very tricky for such a high power dpss laser.
All that being said, that does not mean your laser is safe. It will probably be somewhere in the neighborhood of 50-100mw, and this is most certainly not a safe power level. Lasers between 5 and 500mw are in clas IIIb, which states that any eye exposure to the beam will cause instant and permanent eye damage. This could range from a small dot in your eye to significant vision impairment that may prevent you from doing basic tasks, such as driving. Be aware that this damage could also occur to anyone else nearby, and laser light emitted from your device can also cause dangerous interference to airline pilots.
Also, Before using the laser, you need to get a pair of safety glasses, which should be used at all times when the laser is being viewed nearby, or when the beam has any potential to enter your eye. Ideally, you would use glasses that block both the visible green laser light, and the invisible IR light that often comes with cheap green lasers. Since I don't know a good source for these glasses, I would recommend you buy Eagle Pair glasses from Survival Laser, and just be cautious knowing that you may still be exposed to some amount of invisible laser light with them on. Make sure you get the glasses that protect against the wavelength of your laser. Eagle pair glasses may be expensive, but I believe that you can not put a price on your vision.
There is no way to determine the power of the laser without using a laser power meter, but there are a few reference tests I can give you:
If the laser can pop a black balloon, it is at least 50-100mw. If it can light a match, it is at least 100mw. If it can cut a hanging roll of electrical tape loose, it is at least 300mw. If it can light a candle it is at least 500mw. If it can burn a hole in white printer paper, it is also at least 500mw.
Make sure you do these tests with your glasses on, and please understand that these power tests only give a very rough idea of the power of the laser.
I hope this information helped teach you a little bit about lasers and the safety measures associated with them. Please remember to be careful.