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      "cohort 信号：进口商池中\"中渗透 + 上升\"组合为零 · 仅存在\"低渗透 + 上升\"或其他组合",
      "中国份额信号：5 年累计 83% · 处于高份额区间 (>60%)",
      "市场增速信号：5 年 CAGR 83.5% · 扩张区间 (≥5%)",
      "供应商密度信号：中国供应商占 79% · 高密度区间 (≥40%)",
      "集中度信号：HHI 14.3 · 中度集中 (0.10-0.25)"
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            "title": "#8 TUVAL S.A. · FOB $2.7M · 中国份额 100%",
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      {
        "name": "hsOriginCrosstab",
        "source": "local_precomputed",
        "status": "exact",
        "row_count": 31,
        "expected_fob": 114603265.57999995
      },
      {
        "name": "hsBreakdownExtended",
        "source": "local_step3_metrics",
        "status": "exact",
        "row_count": 4
      },
      {
        "name": "hsSubcodeYearly",
        "source": "local_step3_metrics",
        "status": "exact",
        "row_count": 20,
        "expected_fob": 114603265.57999995
      },
      {
        "name": "tierOriginCrosstab",
        "source": "local_precomputed",
        "status": "exact",
        "row_count": 27
      },
      {
        "name": "importerHsBreakdown",
        "source": "local_step3_metrics",
        "status": "exact",
        "row_count": 153
      },
      {
        "name": "importerSupplierCount",
        "source": "local_step3_metrics",
        "status": "exact",
        "row_count": 102
      }
    ],
    "narratives": {}
  },
  "_v3_validation": {
    "invariants_passed": true,
    "oracle_max_diff_abs": 45,
    "oracle_max_diff_rel": 0.7894736842105263,
    "oracle_checked": 10,
    "oracle_skipped": 3,
    "oracle_skipped_critical": 0,
    "banned_names_found": 0,
    "conclusion_count": 17
  },
  "_v3_conclusions": {
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      "id": "marketPhase",
      "value": "expanding",
      "label": "处于扩张阶段",
      "ruleId": "mfr.market_trend.v1",
      "evidence": [
        {
          "path": "market.cagr5yFob",
          "value": 0.8353455490010797
        }
      ]
    },
    "supplierAvailability": {
      "id": "supplierAvailability",
      "value": "available",
      "label": "供应商数据完整",
      "ruleId": "mfr.supplier_availability.v1",
      "evidence": [
        {
          "path": "dataAvailability.supplier.visible",
          "value": true
        }
      ]
    },
    "chinaPosition": {
      "id": "chinaPosition",
      "value": "saturated",
      "label": "中国接近饱和",
      "ruleId": "mfr.china_position.v1",
      "evidence": [
        {
          "path": "market.targetBandChinaShareFob",
          "value": 0.7286710499147293
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        {
          "path": "market.chinaSupplierShareFob",
          "value": 0.7872013196469242
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      ]
    },
    "chinaShareTrend": {
      "id": "chinaShareTrend",
      "value": "increasing",
      "label": "中国份额上升",
      "ruleId": "mfr.china_share_trend.v1",
      "evidence": [
        {
          "path": "market.chinaZoom.shareSeries5y[0].share",
          "value": 0.17486998452201682
        },
        {
          "path": "market.chinaZoom.shareSeries5y[4].share",
          "value": 0.9887621264471189
        },
        {
          "path": "_delta_pp",
          "value": 81.38921419251021
        }
      ]
    },
    "targetCompetitionBand": {
      "id": "targetCompetitionBand",
      "value": "high",
      "label": "推荐切入高价位段",
      "ruleId": "mfr.target_competition_band.v1",
      "evidence": [
        {
          "path": "priceBands.high.fobShare",
          "value": 0.25050513058861823
        },
        {
          "path": "priceBands.high.chinaShare",
          "value": 0.7286710499147293
        },
        {
          "path": "priceBands.high.importerCount",
          "value": 29
        }
      ]
    },
    "supplierCompetition": {
      "id": "supplierCompetition",
      "value": "high_density",
      "label": "中国供应商竞争密集",
      "ruleId": "mfr.supplier_competition.v1",
      "evidence": [
        {
          "path": "market.chinaSupplierShareFob",
          "value": 0.7872013196469242
        },
        {
          "path": "market.chinaSupplierCount",
          "value": 100
        }
      ]
    },
    "nextActionChinaPosition": {
      "id": "nextActionChinaPosition",
      "value": "upgrade_or_defend",
      "label": "已饱和 · 重点保留并向高值客户升级",
      "ruleId": "mfr.next_action.china_position.v1",
      "evidence": [
        {
          "path": "conclusions.chinaPosition.value",
          "value": "saturated"
        }
      ]
    },
    "nextActionMarketGrowth": {
      "id": "nextActionMarketGrowth",
      "value": "invest",
      "label": "市场扩张 · 投入加码可正回报",
      "ruleId": "mfr.next_action.market_growth.v1",
      "evidence": [
        {
          "path": "market.cagr5yFob",
          "value": 0.8353455490010797
        }
      ]
    },
    "importerConcentration": {
      "id": "importerConcentration",
      "value": "mixed",
      "label": "进口商中度集中 · Top20 + 中尾混合策略",
      "ruleId": "mfr.importer_concentration.v1",
      "evidence": [
        {
          "path": "market.hhiImporterFob",
          "value": 0.14291893573935838
        }
      ]
    },
    "heroPositioning": {
      "id": "heroPositioning",
      "value": "saturated_expanding",
      "label": "市场在扩张 · 中国接近饱和",
      "ruleId": "mfr.hero_positioning.v1",
      "evidence": [
        {
          "path": "conclusions.marketPhase.value",
          "value": "expanding"
        },
        {
          "path": "conclusions.chinaPosition.value",
          "value": "saturated"
        }
      ]
    },
    "targetBandReason": {
      "id": "targetBandReason",
      "value": "least_saturated_fallback",
      "label": "全段位均偏饱和 · 选择相对最未饱和段位",
      "ruleId": "mfr.target_band_reason.v1",
      "evidence": [
        {
          "path": "priceBands.high.fobShare",
          "value": 0.25050513058861823
        },
        {
          "path": "priceBands.high.chinaShare",
          "value": 0.7286710499147293
        }
      ]
    },
    "battleEntryAngle": {
      "id": "battleEntryAngle",
      "value": "adjacent_band",
      "label": "相邻段位渗透",
      "ruleId": "mfr.battle_entry_angle.v1",
      "evidence": [
        {
          "path": "market.targetBandChinaShareFob",
          "value": 0.7286710499147293
        }
      ]
    },
    "battleProductFocus": {
      "id": "battleProductFocus",
      "value": "available",
      "label": "HS 子编码产品方向已识别",
      "ruleId": "mfr.battle_product_focus.v1",
      "evidence": [
        {
          "path": "market.hsSubcodeRows.length",
          "value": 4
        }
      ]
    },
    "nextActionImporterPool": {
      "id": "nextActionImporterPool",
      "value": "no_pool",
      "label": "无明显候选 cohort",
      "ruleId": "mfr.next_action.importer_pool.v1",
      "evidence": [
        {
          "path": "_midUp_count",
          "value": 0
        },
        {
          "path": "_lowUp_count",
          "value": 0
        }
      ]
    },
    "nextActionSupplierDensity": {
      "id": "nextActionSupplierDensity",
      "value": "crowded",
      "label": "中国供应商已密集 · 差异化竞争",
      "ruleId": "mfr.next_action.supplier_density.v1",
      "evidence": [
        {
          "path": "conclusions.supplierCompetition.value",
          "value": "high_density"
        }
      ]
    },
    "advisorySeasonality": {
      "id": "advisorySeasonality",
      "value": "weak",
      "label": "季节性信号弱",
      "ruleId": "mfr.advisory.seasonality.v1",
      "evidence": [
        {
          "path": "market.seasonalIsWeak",
          "value": true
        }
      ]
    },
    "advisoryMethodNote": {
      "id": "advisoryMethodNote",
      "value": "kmeans",
      "label": "价位带由 k-means 聚类得出",
      "ruleId": "mfr.advisory.method_note.v1",
      "evidence": [
        {
          "path": "dataAvailability.priceBands.available",
          "value": "kmeans"
        }
      ]
    }
  },
  "snapshot_hash": "b6ed0e97f4fde2b63d76cdca018d9207af71f87cdf017e3610e5f763ead9f94e"
}