Going by my experience, the better question is what doesn't need to be done. I had to think hard on this, and I do believe that the electrical cord was ok.
Everything on mine was a reject part. It was like they went to the manufacturers reject bin and said, "we'll dump your scrap for free!", then proceeded to assemble what they could and sell it to suckers like me...Well, that trick worked once.
The lathe bed thickness varied over 35 thou. So the gibbs did not work. The compound was machined on an angle, the dovetail on one side had an offset after the mounting screw hole. So they drilled the hole and the mill slipped passing the hole and then continued milling at an offset. No way to make it work without regrinding the dovetail.
The holes for mounting the apron were so thin and offset that one was broken. The lead screw was on an angle. The gears were so far out that some meshed about 10% of the thread looking from the side it almost looked like it wasn't meshing at all. The large locknut at the spindle (near the gears) was tapped at an angle of about 15 degrees. It just won't sit flat. The threading charts were all wrong. They do not cut what the manufacturer claims they do.
The apron handwheel was so loose that it was binding. The compound leadscrew wasn't centered with the nut so it would go in at an angle and was offset causing it to bind all the time. The tailstock was about 50 thou out and sat on an angle having three points of contact. Same with the saddle. The head stock was not parallel to the bed in two planes, yes it was out vertically and horizontally. The spindle was advertised as MT4 in some places and MT3 in others (in the same ad!) It is neither. To make the chuck work with the large spindle hole they simply removed the back plate.
They drilled two mounting holes instead of four. Why, because they tried to drill four like it should be, but got the alignment so bad they went into the vertical webbing of the headstock. So it has holes there, but no way to secure it. They scrapped (not scraped) the bed at that point. I imagine before machining the rest of the bed. The mounts were not flat, they were curved.
The plastic guard was mounted on a shaft that was drilled wrong so it was out of round. Their answer to that was to secure it with one small bolt instead of the two it had there. This is part of their safety system. I just removed it as it was a joke anyway. The front face covers were not cut straight leaving a huge gap so metal fillings would fall into the electronics. The magnets on the headstock weren't glued in and three of the four were not in place. The hall effect sensor was so far out that if failed to pick up. The drive spins only 50% of the claimed figure. Other owners had full speed. I do not. All the gibbs were bent and non salvageable. I had to make brass ones to get any sort of slop out of them. The electronics is unsafe. I turn it off and it keeps spinning for several seconds using the "e-stop" Quick changes can cause it to false start without hitting start. The motor controller is terrible. When its when loaded, it senses it and then pauses before throwing it into 100% and spinning like crazy even though you set it for minimum RPM, throwing crap everywhere. The half huts were out of alignment. Engaging them dropped the leadscrew by a couple of mm. The fix was not easy. It was due to the apron being made incorrectly. The electrical ground lug was attached to a mounting screw instead of being just for the ground.
It really was made with reject parts, can't stress that enough. When I ordered it, I figured it was a Chinese lathe, so a project lathe where I clean up rough edges, get rid of shavings, clean it up and tighten things up nicely. This was not a that type of product. It is a collection of rejected parts sold as new and IMHO should be illegal.
I'm sure I forgot a few things. Took several months and a milling machine to get it semi reasonable. It now has wedge style gibs for the saddle and brass for the dovetails. I recut the compound nut, put in thrust bearings, recentered it, made a new handle as the original was bent form factory. Scraped in the bed to get the headstock V grove straight, milled the tailstock and made a new system under it to stop it binding when moving. Made brass spacers to make the saddle and the tailstock flat with the bed. Numerous other fixes.
I can now cut metal pretty accurately. I recently made two arbors; a dovetail cutter (to fix this lathe) and a slitting saw. Both were about 0.5 thou in runout, both were about 5 inches long. Its still a POS and I hate it, but I hopefully am having a SB 9A toolroom lathe coming in this week. While I may have to do work on it, at least I know I'm dealing with wear and not bad design combined with reject parts.
The main reason for buying it was the 35mm spindle hole size. It wasn't worth the effort.
If you need more reason to never consider this brand again, I'll see if I can remember what I had to do to actually fix it all.