Core Points - The signing ceremony for the German Weber fully automatic tightening equipment project took place in Taicang High-tech Zone, marking Weber's first production base in China [1][3] - The project focuses on the research and production of handheld or robotic arm fastening equipment, with an expected annual output value exceeding 150 million yuan and annual tax contributions exceeding 10 million yuan once fully operational [3] - Taicang has successfully attracted foreign enterprises, with the number of German companies increasing from 0 to 100 in 14 years, and from 400 to 500 in just 3 years, showcasing the city's commitment to developing an outward-oriented economy [3] Company Overview - Weber Group, headquartered in Wolfratshausen, Bavaria, Germany, was founded in 1956 and is recognized as a leader in the field of assembly process automation, known for innovation, quality, and seamless service [4] - The company provides equipment and systems for various fastening, connecting, conveying, and control processes, achieving both process reliability and efficiency [4] - Weber has a global manufacturing and sales network across Germany, France, the USA, Italy, the Czech Republic, and China, making it a partner for numerous enterprises worldwide [4]