Upon hearing this, many of the audience members watching immediately pulled out their phones to look it up.
They discovered that Star Spirit even offers two different versions: a simplified version and a professional version.
The simplified version uses clear and understandable language to detail which industries still have room for development, which have a relatively higher replacement ratio, and which fields will be completely eliminated, thus making the effective replacement ratio of old assets minimal.
Take oil, for instance.
This is a field destined to be completely phased out, including oil extraction technology, design industries related to equipment—all of these will inevitably be entirely eliminated and can't achieve a high replacement ratio.
However, factories producing equipment within the oil sector, oil processing plants, and even the transportation industry, still have other uses, so the replacement ratio is different.
