Core Insights - The company has achieved a significant milestone by surpassing 300,000 meters in drilling depth, becoming the first drilling company under Zhongyuan Petroleum Engineering Company to reach this mark in the domestic market [1] Group 1: Innovation and Technology - The company emphasizes innovation-driven strategies and has integrated geological engineering to enhance operational efficiency [1] - A collaborative expert working mechanism has been established to ensure synchronized design validation, optimization of plans, and joint problem-solving [1] - The company has revised 9 management systems and upgraded technical templates for the Shunbei and Tahe blocks to tackle technical challenges such as annular pressure control and wellbore stability [1] Group 2: Performance Metrics - The company has set 18 new innovation records and received 18 mobile flags from the Northwest Oilfield Company, along with 14 quality well evaluations [1] - The Shunzhong 4-7X well was completed at a depth of 8,476 meters with a drilling cycle of 59.63 days, setting a record for the shortest cycle for wells deeper than 8,000 meters in China [1] Group 3: Automation and Digitalization - The company is advancing the electrification, automation, and digitalization of drilling rigs, enhancing new production capabilities [1] - Currently, the company has equipped 10 sets of automated casing equipment, achieving a coverage rate of 35.71% [1] - Six sets of MRO IoT systems have been deployed for real-time monitoring and intelligent analysis of drilling equipment parameters, enabling remote monitoring of key equipment [1]