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Chapter 170: Currency Exchange Indicators that Cannot Be Changed

“I heard that the Fifth Electronic Factory is only the leading unit in the industry in terms of producing electron tubes.”

"In addition to helping our machinery company build a modern semiconductor chip factory, can your factory provide me with a batch of electron tube production lines, select elite personnel and work together with the Northern Machinery Company to upgrade the production line technology and transform the electron tube production line into a cathode ray tube production line?"

Lin Kaifeng's few words, neither light nor heavy, once again stunned everyone.

"Your company is going to produce cathode ray tubes?"

Hou Anmin was stunned at first, then he asked tentatively: "Comrade Lin Kaifeng, is the machinery company planning to produce televisions?"

Lin Kaifeng said straight to the point: "Chief Engineer Hou is right. I proposed upgrading the electron tubes and manufacturing cathode ray tubes in preparation for the TV project."

"Among many home appliances, the demand for televisions is the strongest among the people."

"Looking at the domestic market, the number of TV sets purchased is increasing year by year. Although most people cannot afford a color TV given the current domestic economy, they can still afford a black-and-white TV if they think of a way."

"Once we achieve mass production of black-and-white TVs and solve problems such as insufficient production capacity, the production cost of black-and-white TVs will be reduced to the lowest level. By that time, it will no longer be a luxury for ordinary people to buy black-and-white TVs."

"As for the overseas market, the West has long achieved the popularization of home appliances, and color TVs are the mainstream."

Then, Lin Kaifeng used the number of televisions owned in the United States as an example.

The penetration rate of color televisions in the United States has reached an astonishing 93%.

There are also many households that own two color TVs, accounting for 60%.

"Oh my goodness! The penetration rate of color TV in the United States is so high. The penetration rate of black and white TV in our country is less than one-tenth, while the United States, a capitalist country, is almost reaching 100%."

"It's unimaginable. It's really unimaginable."

"Lin Haifeng informed me that foreign countries have been researching color televisions for many years. Even if your company has the ability to manufacture color televisions, it may not be able to sell them."

People were talking about it, marveling at the number of televisions owned in the United States and worrying about the market prospects of domestic color TVs.

Lin Kaifeng's idea of ​​mass-producing cathode ray tubes, reducing the manufacturing cost of black-and-white televisions, and popularizing black-and-white televisions in the country as soon as possible is feasible to a certain extent.

As for selling color televisions to foreign countries, the difficulty is almost as difficult as climbing to the sky.

Lin Kaifeng smiled and said, "Everyone, you are thinking too much. Whether the plan can be successful is what I should worry about. Your task is to provide technical assistance to our company."

After the words were spoken, everyone smiled bitterly.

Although Lin Kaifeng's words were harsh, the truth was that, whether it was a color TV or a black and white TV, Northern Machinery Company would ultimately be responsible for selling it.

It has nothing to do with the Fifth Electronic Factory.

The mission of the Fifth Electronic Factory was only to assist the Northern Machinery Company in building a semiconductor chip factory and upgrading the cathode ray tube production line.

Seeing that no one had any other opinions, Lin Kaifeng continued speaking.

The work of transforming the production line was fully funded by Northern Machinery Company.

The Fifth Electronic Factory sent its best and brightest to participate in the project upgrade, and will upgrade the electron tube production line to a cathode ray tube production line as soon as possible.

It’s not that Lin Kaifeng had not thought about importing color TV production lines from abroad, but the main reason was that the foreign exchange quota was limited.

The fact that Northern Machinery Company is the country's top foreign exchange earning enterprise does not mean that it has unlimited foreign exchange quotas.

According to current policies, machinery companies must sell all foreign exchange earned from exporting goods to the State Administration of Foreign Exchange.

The State Administration of Foreign Exchange converted US dollars into Longguo currency and returned all of it to Northern Machinery Company.

Design a foreign exchange conversion indicator based on the amount of foreign exchange created by Northern Machinery Company.

Let me give you the simplest analogy.

If the company earns 100 million US dollars in foreign exchange, this money will be converted into 200 million Chinese yuan when it reaches the State Administration of Foreign Exchange.

Based on the amount of 20 million US dollars, the State Administration of Foreign Exchange set a % foreign exchange exchange quota for Northern Machinery Company.

In the future, Northern Machinery Company will need to purchase equipment from abroad, as well as other goods that require foreign exchange.

The first thing to consider is not how much to sell, but whether the foreign exchange rate is sufficient.

As of now.

The foreign exchange exchange quota held by Northern Machinery Company is only 30 million US dollars.

Good steel should be used on the blade.

Lin Kaifeng would not easily use the 30 million foreign exchange exchange quota unless it was absolutely necessary.

"Okay, as long as the funds are in place, nothing will be a problem."

"If there are difficulties, we will solve them; if there are no difficulties, we will create them, and we will complete this cooperation."

Li Jinbu made the decision on the spot.

As long as the money from Northern Machinery Company is in place, Electronic Factory No. 5 can do anything.

The lack of funds is not only reflected in Shanghai Electronic Factory No. 5, but also in the situation of other state-owned enterprises.

The premise for all kinds of cooperation is to first ensure the export and foreign exchange earnings of the machinery company.

A two hundred thousand induction cooker requires two hundred thousand chips.

Knowing that the responsibility was heavy, Li Jinbu and others signed a military order.

They would rather go to court with other departments in need than give priority to meeting Northern Machine's chip needs.

Only by helping Northern Machinery Company complete its order with Best Buy Group will the balance of the transaction enter the country.

The Northern Machinery Company has ample funds on its books, which means that the Shencheng Electronics Factory No. 5 can also live a good life.

One glory and one glory.

Everyone understands this principle.

With the other party's guarantee of priority supply of semiconductor chips, Lin Kaifeng's trip across the country has achieved all his goals.

"Kaifeng, thank you for your hard work. Come on, sit down and talk if you have anything to say."

In the city government office, Fang Boyan, with a smile on his face, asked Lin Kaifeng to sit on the sofa to rest.

Lin Kaifeng gained a lot from this business trip.

First, a large number of scientific research experts were invited from the Fourth Ministry of Machine Building, and then an agreement was reached with the Shanghai Electronics Factory No. 5 on cooperation in building a factory.

The relevant spirit of the Fourth Ministry of Machine Building has been conveyed, and the local authorities must make every effort to cooperate with the machinery company to complete the semiconductor chip factory and supporting enterprises as soon as possible.

Lin Kaifeng and Northern Machinery Company's names have been registered with several industrial ministries.

No longer an unknown little person.

Lin Kaifeng said seriously, "Director Fang, I came here this time to report my work to you, and secondly, to ask the city government to guarantee our machinery company and allow it to set up branches overseas."

"What did you say? Setting up a branch office overseas?!"

Fang Boyan, whose face was full of joy, was shocked and looked at Lin Kaifeng with wide eyes.

Lin Kaifeng said: "You heard it right, we are indeed building a branch overseas. I hope this can be implemented as soon as possible."

"If you do that, it might get you into a lot of trouble."

After confirming that Lin Kaifeng was not joking and that Northern Machinery Company really planned to set up branches overseas, Fang Boyan put away the smile on his face, walked back to his seat and sat down.

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