How can anything have an efficiency of 350%, it's just not possible.
1 Kw of electricity into the unit extracts 3.5 kw of heat energy from the air. The electricity is only used to run a compressor.
How efficient are heat pumps?
Heat pumps are more efficient than other heating systems because the amount of heat they produce is more than the amount of electricity they use. The amount of heat produced for every unit of electricity used is known as the Coefficient of Performance (CoP). So, if a heat pump has a CoP of 3.0, then it will give out three units of heat for every unit of electricity consumed.
The diagram below shows the basic energy flow of a 14-kilowatt (kW) heat pump to help show how the CoP is calculated. In this example, the heat pump has an electrical power input of 3kW and a heat output of 14kW. The remaining 11kW are obtained from the environment. To calculate the CoP, you divide the heat output by the electrical input, which in this example results in a CoP of 4.7.
A more detailed explanation:
https://energysavingtrust.org.uk/advice/in-depth-guide-to-heat-pumps/