Chengchuang attaches great importance to technological innovation and intellectual property management, actively promotes new product development, and forms its own core patent technology. The award-winning project is the " Thousand-Ton Heavy Duty Intelligent Power Slips for Deep Earth Oil and Gas Drilling", which enables the industrial application of power slips in deep earth drilling operations over 10,000 meters, filling a domestic gap and breaking international monopolies.

The research of this project not only solves problems in deep earth oil and gas drilling, such as increased drill string damage even causing collapse under complex conditions due to increased clamping force, which compromises safety, but can also be reversely applied in conventional well rigs to replace existing products, bringing strong market competitiveness and economic benefits to the enterprise.