$100 million was a staggering astronomical amount for any Chinese company at the time.

According to the foreign exchange rate in 1986, the RMB against the US dollar was 3.74:1, but in fact, the price of the black market has already been exchanged for 7~8 yuan per dollar, or even 1:10.

In this way, even according to the foreign exchange rate, 100 million US dollars is nearly 400 million yuan, and even a wealthy company like Duan Yun is difficult to come up with this money.

However, in fact, Toshiba's offer is not too outrageous, because when China introduced second-hand obsolete chip production lines from Japan earlier, the cost was also quite huge.

In 1986, that is, at the beginning of this year, the Ministry of Electronics Industry held a seminar on integrated circuit development strategy in Xiamen, and put forward the "531" development strategy of China's integrated circuit technology during the "Seventh Five-Year Plan" (1986-1990), that is, to popularize and promote 5-micron technology based on 742 factory, and at the same time develop 3-micron technology and tackle 1-micron technology.

The three microelectronics bases to be established in the north and south are expected to invest 600 million yuan in Wuxi, 500 million yuan in Shanghai, and 400 million yuan in Beijing.

However, due to the lack of funds, the planning team of the northern base worked for more than a year, and announced its dissolution after writing a report. Shanghai has only invested less than 500 million yuan, which shows that even Beijing and Shanghai, the most developed places in the country, want to invest hundreds of millions of yuan in the chip industry, it is not an easy thing.

Another point is that the hundreds of millions of yuan in this plan are mainly used to purchase foreign chip production lines, because the current price of domestic second-hand chip production equipment is so high.

In addition, the "Flash" flash memory chip is Toshiba's latest avant-garde chip technology, so it is necessary to use some of the most advanced equipment in the world, otherwise, it is impossible to mass-produce flash memory chips.

If it weren't for the fact that Toshiba couldn't find a manufacturer willing to buy this kind of chip, they wouldn't have set up a joint venture in China, and according to their idea of maximizing profits, as long as this chip had a little sales potential, Toshiba would have produced it independently a long time ago, and would not let outsiders get a piece of the pie.

Therefore, since Toshiba wants to sell Duan Yun some more advanced equipment, the price will naturally not be cheap, and the $100 million offer is actually what Fujio Masaoka has worked hard to achieve.

"Duan Jun, I have also talked to our vice president several times about the price of the production line, because some technologies involve some company secrets, 100 million US dollars is already the lowest technology transfer price, and at the beginning, the president asked for 200 million US dollars, and I have done my best......," Fujio Masuoka said with a frown.

"Mr. Fujio, I think your company should broaden its horizons, if your company is willing to reduce the price of the production line a little more, I promise that within three years of our joint venture being put into operation, at least your company can get more than 50 million US dollars in dividends, if not, I am willing to hand over the decision-making power of the enterprise, and I do not enjoy the dividends of the joint venture, we can carry this contract." Duan Yun paused, and then said, "But my condition is that your production line must increase my price by half, which is $50 million!"

"$50 million ......"

"Mr. Fujio, I have shown my greatest sincerity, and to tell you the truth, 50 million dollars is currently the maximum limit I can bear, and if it is more, I may not be able to do anything about it. Duan Yun spread his hands and said.

In fact, Duan Yun knew in his heart that at present, Toshiba's flash memory chip technology has no market in Europe and the United States, and it is not valued within Toshiba, so it is impossible for him to find a real buyer at least within a year or two.

The price of another $100 million is indeed unaffordable at the current level, and the sales of their electronics factory this year can reach 280 million, and if it is converted into US dollars according to the foreign exchange rate of 1:3.7, then it can be exchanged for more than 70 million US dollars.

But in fact, the ratio of 1:3.7 only exists in the official exchange rate, and this ratio cannot be exchanged for foreign exchange at all, even in the newly established exchange center in Shenzhen, the current ratio is about 1:7, so if it is calculated, Duan Yun's 280 million can only be exchanged for about 40 million US dollars.

What's more critical is that at present, the Shenzhen Foreign Exchange Center cannot exchange so many dollars, so the current exchange is actually priceless.

However, with the implementation of the country's new foreign exchange retention system, this situation will definitely be alleviated, because some export-earning enterprises themselves are not foreign exchange units, so they will definitely exchange some of the foreign exchange they have in their hands from the foreign exchange center, and at that time, Duan Yun may be able to exchange some US dollars.

So now it is already his limit to let Duan Yun come up with $50 million, and this money will not be available until the end of the year, so he can only use installment payments to introduce equipment.

"Duan-kun, I've really done my best......" Fujio Masuoka said with an embarrassed expression.

"I think it's okay, Mr. Fujio, you will stay here for two days before you come to China, and I will write you a handwritten letter to the president, and you must forward this letter to your president himself. Duan Yun Zhengse said.

"You want to write a letter to our president?"

"Yes!" Duan Yun nodded, and then said: "And you must promise me that you will never let anyone else see the contents of this letter, including you, the letter must be handed over to the president himself, can you do it?"

"Duan Jun, don't worry, except for the president, I won't let anyone touch the other party's letter. Fujio said with an oath.

Fujio himself is still very trustworthy and reliable, although he didn't understand Duan Yun's intention to do this, but after all, it was just a handwritten letter, so he still agreed.

"But......" Fujio frowned and said to Duan Yun: "Duan Jun, I know that you are a very wise businessman, but our President Lin is also a very good leader, I think it is difficult for you to impress him in the handwritten letter......"

"Whether I can impress your president or not, no one can say. Duan Yun smiled slightly, and then said: "But for the sake of this joint venture, I am very sincere, I think your mayor can understand my deep sincerity after reading my letter." ”

"Duan Jun ......"

"Mr. Fujio, you just need to do what I say, you stay here for two days, and after I finish writing the letter, you can take it back to Japan and hand it over to the president, I think this will work out nine times out of ten." Duan Yun said confidently.