Group 1: Research and Development - The company has established a complete R&D system and strong independent R&D capabilities through continuous innovation and investment [4] - In 2024, the company focused on enhancing its technological research, particularly in deep shale gas horizontal well fracturing techniques, to improve production efficiency and reduce costs [3] - The company collaborates with various universities and research institutes to support its R&D efforts [4] Group 2: Internal Management and Efficiency - The company optimized internal management processes in 2024, achieving effective data flow and breaking down information silos [1][2] - Training programs were enhanced, with a satisfaction rate of 92.6% for safety training and 100% for management training [3][6] - The company implemented a diversified assessment system to evaluate employee performance and introduced an employee stock ownership plan to align employee interests with long-term company goals [6] Group 3: Environmental Initiatives - In 2024, the company promoted the use of natural gas power generation to replace diesel, significantly reducing noise pollution and CO2 emissions [2][4] - The company emphasizes environmental protection in all operational activities, aiming for low-carbon and clean development of oil and gas resources [4] Group 4: Market Expansion and Client Relations - The company successfully entered the tight gas drilling service market in Southwest China and achieved significant breakthroughs in various regions [5] - In 2024, the company established a joint venture with EVERGO RESOURCES LIMITED for oil and gas exploration in Canada, focusing on Alberta and Saskatchewan [3] - The company actively listens to customer feedback and has improved its complaint handling mechanisms to enhance service efficiency [2] Group 5: Financial Performance and Future Outlook - The company anticipates continued growth in global energy demand and aims to adapt to the green transition in the oil and gas industry [6] - The company plans to maintain a cash flow-oriented strategy and strengthen cooperation with core clients to achieve operational goals [5] - In 2024, the company allocated 15.0986 million yuan for safety production expenses, reflecting its commitment to operational safety [6]