Core Viewpoint - The Daqing Oilfield has been recognized as a leading example of value creation among state-owned enterprises in China, emphasizing the importance of technology and innovation in driving high-quality development [1][2]. Group 1: Value Creation Strategy - Daqing Oilfield has implemented a precise benchmarking strategy to identify gaps and enhance value creation, establishing a comprehensive system for performance improvement [2][3]. - The company has formed a leadership group to oversee benchmarking initiatives and developed detailed management guidelines to facilitate the process [2][3]. - A three-dimensional benchmarking system focusing on six value dimensions has been constructed to systematically enhance competitiveness [2][3]. Group 2: Innovation and Mechanism - Daqing Oilfield has introduced an innovative "health check + treatment" benchmarking mechanism to ensure the effectiveness and sustainability of its initiatives [3][4]. - The company has achieved 100% coverage of its business sectors in development capability evaluation and benchmarking management, fostering a culture of continuous improvement [3][4]. Group 3: Technical Advancements - Technical innovation is prioritized as a core driver for Daqing Oilfield's development, with a focus on overcoming technical bottlenecks that hinder production [5][6]. - The company has developed various advanced technologies to enhance oil recovery rates and has made significant progress in deep drilling and exploration techniques [5][6]. - Daqing Oilfield is also expanding its efforts in renewable energy, achieving a cumulative power generation of 1.68 billion kilowatt-hours by May this year, with a record monthly generation of 108 million kilowatt-hours in March [6].