Industry Trends
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How far has import substitution progressed? Can domestic replace imports now?
In mid-to-high-end applications, domestic cobalt HSS countersinks already replace most imported brands at 85%+ of their performance and only 40% of the price. In ultra-premium precision fields (e.g. aerospace core components), imports still hold some edge, but the gap is narrowing. Lihao Technology has achieved extensive import substitution, serving aerospace, mold, 3C electronics and more.
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