Core Viewpoint - The transition from product sales to service-oriented solutions is essential for companies facing market shrinkage and the need for transformation, as exemplified by the China Petroleum Lubricating Oil Company, which has seen rapid profit growth through this strategy [1] Group 1: Service-Oriented Manufacturing Development - The Ministry of Industry and Information Technology, along with six other departments, has issued a plan to promote service-oriented manufacturing innovation from 2025 to 2028, focusing on enterprises, industries, regions, and ecosystems [1][2] - Service-oriented manufacturing is becoming a crucial direction for the development of the manufacturing industry, driven by the rapid iteration of new information technologies and deepening industrial integration [1][2] Group 2: Financial Performance and Growth - Among the 372 selected service-oriented manufacturing demonstration enterprises, service revenue accounts for over 35% of total revenue, with service business contributing 60% to revenue growth [2] - The average annual growth rates for the value added in information transmission, software, and IT services, as well as leasing and business services, are projected to be 13.71% and 15.66% respectively from 2020 to 2024 [2] Group 3: Challenges and Strategic Actions - Key challenges in service-oriented manufacturing include weak supply capabilities for critical technologies and an incomplete standard system [3] - The implementation plan aims to create leading enterprises and brands, enhance service-oriented manufacturing branding, and foster innovation in application scenarios [3] - The plan emphasizes the need for regional development through high-tech industrial parks and clusters, as well as strengthening common technology research and establishing a service-oriented manufacturing standard system [3]