As a core ground-based coronal observation facility in the low-latitude and high-altitude regions of China, the Lijiang Coronagraph takes advantage of the natural endowments of the Lijiang Astronomical Observation Station, such as an altitude of 3200 meters and low atmospheric turbulence. It has gone through a complete development process from introduction through China-Japanese cooperation to independent innovation and iteration. This paper systematically summarizes the core technological innovation achievements of this facility, including the upgrade of the automatic operating system, the integration of the dual-band observation system, the stray light suppression technology based on the image difference method before and after cleaning, as well as the high-precision image calibration and registration technology. These innovations have significantly improved observation efficiency and data quality, laying a solid foundation for high-quality observations. At the scientific research level, the observation data reveal that 1.1 solar radius is a highly correlated region between coronal green line brightness and magnetic field intensity. It also confirms a strong correlation between the coronal green line and the SDO/AIA 211 Å extreme ultraviolet band (correlation coefficient: 0.89 - 0.99), which can support the research on early warning of Coronal Mass Ejections (CMEs). These achievements provide key data support for the verification of coronal heating mechanisms and the exploration of the origin of the slow solar wind. The technical experience accumulated by the Lijiang Coronagraph has not only laid a solid foundation for the research and development of China's next-generation large-aperture coronagraphs, but also promoted China's leapfrog development from being a follower to a parallel runner in the international field of low coronal observation, making it an important part of the global coronal observation network.