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Liu Yanqing's contribution
During his tenure as the captain of the 3252 drilling team, he led the drilling team to participate in the battles of Laizhou Bay and Yihezhuang, and created a number of new oilfield drilling indicators. The 3252 drilling team was awarded the title of "Iron Man Hero Drilling Team" by the Ministry of Petroleum.

During his tenure as deputy general manager, he actively explored the advanced methods of drilling production management, organized and participated in many battles in the oil field, and became an oil field drilling expert.

Since taking office as general manager, he has resolutely put forward the idea of "great adjustment and development" in the face of an oilfield with 12000 people, aging equipment, bloated institutions and losses for years. Rationally adjust the company's internal organization, merge inefficient units, straighten out the coordinated operation relationship of internal units, implement the internal contract assessment system, reward outstanding personnel, invest a lot of money to renovate and update equipment, popularize and apply new drilling technology and new technology, and change the planned economy management model for many years into a market economy management model with new ideas, so as to make the company develop rapidly. The annual output value increased from 1997 to 184 billion yuan at the beginning of its establishment to 3.5 billion yuan in 200 1 year, which made an important contribution to the development of Shengli Oilfield. At the same time, actively explore the external market, not only in Xinjiang, northern Shaanxi, Jiangsu, but also in Bangladesh, Indonesia and other international drilling markets to achieve a major breakthrough. The company has been rated as a provincial advanced unit of double civilization for many years, and individuals have been rated as advanced individuals at the provincial and ministerial levels for many times.

In 2006, after retirement, he started his second business in Beijing and founded Beijing Fubang Petroleum Machinery Equipment Co., Ltd. Since its establishment, the company has earned more than 200 million US dollars for national exports. The company has strong competitiveness in the international market with a through-train service model integrating technology, market, design, patent and service. In the Russian market, the Middle East market, South America market, with offices. There is a drilling rig equipment manufacturing base in Beijing. Over the past three years, the company's economic operation is normal and its market prospect is good, and it has become a specialized company with international competitiveness.