Is competition in this industry really that fierce these days, to the point where no one cares about the quality of the products for customers?

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Are there some manufacturers who, lacking a price advantage, reduce the performance of their products in order to secure orders? Excuse me, where is your integrity in doing business? Where is your moral bottom line in this industry? The magnetic materials industry is in a mess these days; there are too many people who will do anything to get orders – isn’t it possible to have healthy competition? By doing this, can you retain customers in the long term? How many more years can you make a living in this industry? That’s why, when new clients come to me asking me to produce products for them, I always ask them to first tell me their technical standards before sending over samples. This is why sending samples is so important. Moreover, some clients shouldn’t be looking for extremely low prices; rare earth resources are under strict control, and everyone purchases the raw materials from Baotou and Ganzhou. Any price advantage comes from reducing costs related to machining and labor. Those who claim there’s a difference of twenty or thirty points, or sixteen or seventeen points, are actually in the processing industry. The materials used are transparent, so how can there be such high profits? Especially given the current poor economic situation, everyone is trying to minimize profits – as long as workers can get paid and factories can keep operating, that’s enough. So don’t be tempted by low prices; low prices inevitably mean lower quality. I’m angry today not because clients refuse to work with me, but because of the unfair competition among peers, which is ruining our entire industry. They only care about getting orders, ignoring the quality for customers. Doing that will only allow them to secure one-time orders. I hope they’ll think carefully before acting