Granado Espada: China will be launching another round of testing on May 12, 2011. See 《卓越之剑2》超炫活动齐登场引爆祈福内测 for the official notice. The game accounts will not be deleted. There is a bit confusion here. 内测 (literally "Internal Test") is usually considered to be Closed Beta Test (封閉測試), as opposed to Open Beta Test (公开测试). There was already a Closed Beta Test since March 24, 2011 however (see Granado Espada 2: China), so maybe this will be Open Beta instead.
In addition, there is an event for naming its new theme song during May 4-12, 2011. The various song names are then subject to voting. See 卓越之剑2主题曲征名. The player who suggested the most popular name will receive Golden Newbie Package, Asoka Character Card, and Kurenai. According to the screenshot in 银币介绍 (Feso Shop Introduction), [Sect of Moonlight] (月华心源流) stance book is available for 1,000,000 feso.