Is this a protection circuit?

it protects against ower charge-discharge , BUT at moust low 2,75V and high level @ 4,35V is too low and too high.

In LI-ONs from dx upper level was exactly 4,20V but lower level still too low 2,75V (3,0V ar 2,95 would be perfect).

You can put lab psu instead of li-on to this circuit and measure on other side when it cuts off.
 
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