Abstract: The traditional social structures and rural cultures are at risk of disintegration under the dual impact of urbanization and modernization. As a consequence, the protection of related material and intangible cultural heritages should be urgently enhanced. Taking Zhanli Dong Village in Qiandongnan as an example, this paper deeply analyzes the connotative value, protection, and utilization strategies of traditional village social governance within the framework of 'value cognition-element system-protection and utilization strategies'. The results show that the social governance of Zhanli Dong Village forms a governance model that combines village management, village regulations, democratic deliberation, and the oath of the stone. This model is deeply influenced by ethnic culture and customs, relying on the authority of village elders and clan heads, the binding force of village regulations, the participation of democratic consultation, and the cohesion of customs and rituals. Based on the needs of modern social governance, the research proposes a 'dual-track collaborative governance model of modern administrative organizations and traditional clan organizations'. This model embeds the requirements of social governance in the new era into traditional norms and systems, introduces digital archive management and virtual reality scene experience technologies, and implements strategies such as the daily maintenance of relevant places and facilities. These strategies preserve the cultural core and demonstrate flexibility in adapting to social changes, possessing dual values of inheriting ethnic culture and innovating grassroots governance.