Not fact, but something along these lines.....
Stage 1- Smooth out any poorly machined/ unfinished surfaces on piston skirt, cocking slot/ arm and shoe. Clean barrel, relube, shoot in.
Stage 2- Reduce/ remove spring twang and vibrations by installing a correct fitting guide, top hat, slip washers to mainspring. Fit bearings to piston/ compresson tube. Adjust piston mass via top hat, and preload via washers at rear of manspring. Refinish crown if required. Relube and shoot.
Stage 3- Replace/ upgrade factory internals (seals, mainspring, piston) with proven tune custom parts. Strip, clean, stone and set up trigger. Adjust piston stroke, modify diameter of transfer port. Polish bore. Make any adjustments needed to breech/ leade in. Basically take everything as far as it can be taken to suit your personal preference.
Folks do the above on entry level springers, and high end springers. Initial purchase price doesn't always (infact rarely) guarantees a fully finished product. If you are paying someone else to do this work however, it makes little sense to go all in on a budget rifle.....unless you love it and plan on keeping it for life.
Chinese QC is getting better, and German QC is dropping. Its often about the trigger. Start off with a decent trigger arrangement and in the end there will be little to separate the above on target. Chinese barrels can be hit and miss (no pun intended) but ive found rough/ tight spots in HW and LW barrels too. Unless a bore is horribly over, or undersized, most can be made pretty good with a little effort.