I've been looking at those MC275 clones ever since they first began advertising them several years ago and was always tempted to buy one, but never felt that I had enough extra cash laying around to possibly "waste" on a Chinese copy. I've been waiting years for someone to post about buying one and their experience with it before springing to buy one.
I've owned numerous Chinese amps that were actually really well made and with excellent output transformers....MingDa amps being one of the companies that I have grown to trust. I've owned numerous Macs in the past including 2 MC275's...one original and a Mk4 special edition... Mc30's, Mc75's and still have a 240 that I use occasionally. In any case after reading the OP's post I finally decided to splurge and buy one. It took about a week to arrive and after swapping out the tubes for ones that I know I'd prefer over the Chinese tubes and the EH KT88's I can honestly say that I've been quite pleasantly surprised at the excellent sound this amp provides. I generally run a pair of Heathkit W6A's with McShane type mods done to them and have owned and used them for 20 years or so and swap them out for others when wanting to play with the system. The only staple in my system is my pair of old Altec 19's that I will always keep despite trying many other high end speakers though the past 30 years or so. I drive the amp with either an AR LS25Mk2 or my SP-3A pre.
My question to the OP is what came along with the amp when you received it? Mine came packed in a beautiful heavy duty Anvil type carrying case with handles on the sides, a power cord with a diameter about the size of my wrist, a commemorative label for the front, labels for the transformers and the Mac 275 front insignia plate included. Did yours have all of this with it? $2200 through Ali Express shipping included via Fed Ex express. I'm not trying to impress anyone who might ever see my system...I have an original mac and other vintage amps to do that if I ever wanted to. I simply like the design, layout and the sound is excellent. I expect it to get better as time goes by. I did notice that my 2 caps...( the ones you replaced with the PIO's ) are not the same as the your original ones....they are electrolytics and I will probably replace mine sometime in the near future, but for right now they're doing the job just fine and I'm not a fan of the Mundorf aluminum caps... I'll find others for that. For the money though...quite a nice amp!