it seems that there is a hole in the PCB and it is just under the heatsink/radiator.Hi,
Not sure I see how the fans cool the m.2 unless they have holes through the board so air can flow through/ hit the m.2
Seems more likely the front fans of the case has a better shot at flowing across the gpu backplate.
Full pictures are already available here:
ASUS Reveals A GeForce RTX 4060 Ti GPU Concept With A Built-In M.2 Slot For SSDs
ASUS has shown off a new hybrid graphics accelerator and storage PCIe Gen4 card on China’s equivalent of YouTube, Bilibili.
hothardware.com
Edit: although it is not exactly the same