Da hell, that's the ugliest thing I've ever seen. Crazy ridiculously low as well. Your fender will not last long with that monstrosity. The stays sticking out are nuts as well.
Here are my PERFECT and beautiful mud flaps. 4 3/4" off the ground. Made from my high rubber boots worn in the winter. >>



This bike came with alu fenders and wrap around stays with 1 bolt in the middle. Very poor for toe overlap and adjusting.
The front fender is older than me, 70 years at least. LOL. Back one is off my 1973 Raleigh that had 630 rims.
The flap in front of the rear wheel is also very useful to keep from splashing the chain, kickstand and maybe my feet.