The KraussMaffei Group is one of the world's leading suppliers of plastics and rubber production and processing equipment and systems. The KraussMaffei high-end injection molding machine intelligent manufacturing project in the advanced manufacturing industrial base of Jiaxing Economic and Technological Development Zone has a total investment of about 60 million euros. It is expected to reach production in 2021, and the sales will reach no less than 1.3 billion yuan. The annual comprehensive tax payment is expected to be no less than 120 million yuan.