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      "供应商密度信号：中国供应商占 88% · 高密度区间 (≥40%)",
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            "title": "#13 PROCOSA INFRAESTR · FOB $443K · 中国份额 100%",
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        "row_count": 70
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    ],
    "narratives": {}
  },
  "_v3_validation": {
    "invariants_passed": true,
    "oracle_max_diff_abs": 35,
    "oracle_max_diff_rel": 1,
    "oracle_checked": 10,
    "oracle_skipped": 3,
    "oracle_skipped_critical": 0,
    "banned_names_found": 0,
    "conclusion_count": 17
  },
  "_v3_conclusions": {
    "marketPhase": {
      "id": "marketPhase",
      "value": "contracting",
      "label": "处于收缩阶段",
      "ruleId": "mfr.market_trend.v1",
      "evidence": [
        {
          "path": "market.cagr5yFob",
          "value": -0.11820078224704889
        }
      ]
    },
    "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": "early",
      "label": "中国仍处早期阶段",
      "ruleId": "mfr.china_position.v1",
      "evidence": [
        {
          "path": "market.targetBandChinaShareFob",
          "value": 0.07107985758289911
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        {
          "path": "market.chinaSupplierShareFob",
          "value": 0.8751924725134603
        }
      ]
    },
    "chinaShareTrend": {
      "id": "chinaShareTrend",
      "value": "decreasing",
      "label": "中国份额下降",
      "ruleId": "mfr.china_share_trend.v1",
      "evidence": [
        {
          "path": "market.chinaZoom.shareSeries5y[0].share",
          "value": 0.9043179770549122
        },
        {
          "path": "market.chinaZoom.shareSeries5y[4].share",
          "value": 0.6476576091336901
        },
        {
          "path": "_delta_pp",
          "value": -25.666036792122217
        }
      ]
    },
    "targetCompetitionBand": {
      "id": "targetCompetitionBand",
      "value": "low",
      "label": "推荐切入低价位段",
      "ruleId": "mfr.target_competition_band.v1",
      "evidence": [
        {
          "path": "priceBands.low.fobShare",
          "value": 0.06232920266497209
        },
        {
          "path": "priceBands.low.chinaShare",
          "value": 0.07107985758289911
        },
        {
          "path": "priceBands.low.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": 0.8751924725134603
        },
        {
          "path": "market.chinaSupplierCount",
          "value": 125
        }
      ]
    },
    "nextActionChinaPosition": {
      "id": "nextActionChinaPosition",
      "value": "build_presence",
      "label": "建立中国品牌存在感",
      "ruleId": "mfr.next_action.china_position.v1",
      "evidence": [
        {
          "path": "conclusions.chinaPosition.value",
          "value": "early"
        }
      ]
    },
    "nextActionMarketGrowth": {
      "id": "nextActionMarketGrowth",
      "value": "defend",
      "label": "市场萎缩 · 收缩获客成本 · 锁定 anchor 客户保规模",
      "ruleId": "mfr.next_action.market_growth.v1",
      "evidence": [
        {
          "path": "market.cagr5yFob",
          "value": -0.11820078224704889
        }
      ]
    },
    "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": 0.17783361160996283
        }
      ]
    },
    "heroPositioning": {
      "id": "heroPositioning",
      "value": "early_contracting",
      "label": "市场收缩中 · 中国仍处早期 · 空间相对集中",
      "ruleId": "mfr.hero_positioning.v1",
      "evidence": [
        {
          "path": "conclusions.marketPhase.value",
          "value": "contracting"
        },
        {
          "path": "conclusions.chinaPosition.value",
          "value": "early"
        }
      ]
    },
    "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.low.fobShare",
          "value": 0.06232920266497209
        },
        {
          "path": "priceBands.low.chinaShare",
          "value": 0.07107985758289911
        }
      ]
    },
    "battleEntryAngle": {
      "id": "battleEntryAngle",
      "value": "differentiate",
      "label": "差异化产品切入",
      "ruleId": "mfr.battle_entry_angle.v1",
      "evidence": [
        {
          "path": "market.targetBandChinaShareFob",
          "value": 0.07107985758289911
        }
      ]
    },
    "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": 1
        }
      ]
    },
    "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": "strong",
      "label": "季节性信号显著",
      "ruleId": "mfr.advisory.seasonality.v1",
      "evidence": [
        {
          "path": "market.seasonalIsWeak",
          "value": false
        }
      ]
    },
    "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": "796f367012e7eec32e23a569c24cc4167155d0babc0f04812084a76d4c84459c"
}