MGM Grand Casino, Las Vegas, Nevada, USA

In the cold wind, a well-dressed middle-aged man in a coat walked into the MGM Grand Casino, as the leader of the North American branch of South Korea's Daewoo Group, 42-year-old Jin Nantian is a frequent visitor to Las Vegas, Daewoo Motors' new North American branch has been completed and put into operation for two years, and the new factory in Alabama has the most advanced equipment, and it is the factory with the most mechanized automaton in North America. As a result, the Daewoo plant, which has an annual production capacity of 200,000 vehicles, has only 3,200 workers, about 10% of whom are technical backbones and elites sent from the Korean main factory.

Daewoo Motors North America Division lacks sufficient distribution channels in the local area, and has to face the double attack of Japanese cars and American cars, it is relatively easy to build factories and produce and assemble cars, and it is relatively difficult to quickly turn inventory products into cash flow, the North American automobile market is the world's largest production and sales area and market, and it is also the most competitive market, in the homegrown North American three major automakers General Motors, Ford Motor and Chrysler have suffered huge losses for 3 consecutive years in the market environment. It is not surprising that South Korea's Daewoo Motors, which has just arrived and is not adapting to the water and soil, has been losing money continuously and is dying.

South Korea's Daewoo Group in the 7.80s is the fastest growing group in South Korea, the founder Kim Woo-jung is known as the creator of the Korean miracle, the rapid expansion brings heavy financing costs, like a snowball once it begins to roll can not be stopped, South Korea's Daewoo in the late 80s under the command of only 60 subsidiaries, to 93 years has been through guò mergers and acquisitions and acquisitions, with 600 companies in the world, Daewoo Motors' predecessor is a joint venture with General Motors Shinhan Automobile, but General Motors itself has taken over all the equity and operations under the continuous losses of South Korea Daewoo, and the newly built plant in Olympic City, Alabama, USA, carries Daewoo Group's ambitions for the automotive sector!

Daewoo Motors invested more than 1 billion yuan in the factory in Alabama before and after, which is almost 30% more than the investment in the general new automobile factory, because in order to reduce labor costs and use a large number of automated machines for assembly, and because of this, the high investment in the early stage of the construction of Daewoo Automobile makes it cost nearly 100 million yuan to pay bank financing interest every year, coupled with too little market share and poor sales channels, under the double pressure of Japanese cars and American cars. Daewoo Motors' new North American plant has only 50% of its production capacity, with a designed annual output of 200,000 units, but the actual annual output is not even 100,000 units.

And Daewoo Motors' route is high-quality, low-price low-end route, which makes him fully exposed to the all-round attack of Japanese cars, the high cost of high quality, and the average price of new cars leaving the factory is only a pitiful 15,000 US dollars, and the sales of 100,000 units a year can only bring 1.5 billion sales revenue, because the price is depressed, Daewoo Motor's gross profit margin is only 7%, and after removing nearly 100 million bank financing interest, Daewoo Motors has lost more than 160 million US dollars for two consecutive years. It is equivalent to working for bank creditors in vain, and the net worth is declining, and the debt is rising......

The call for selling the newly built factory within the Daewoo Group and withdrawing from the North American market is getting louder and louder, which makes the pressure on the president and CEO of Jin Nantian to increase day by day, and the big boss requires that Daewoo Motors must turn losses into profits this year, otherwise he will be asked, and it is still a distant relative between the two, otherwise Jin Nantian may not be able to sit in the position of president and CEO of Daewoo in North America, but he knows that he can't do it, so he has to force himself to do it, is this the style of the Korean miracle maker?

Other men are borrowing wine to drown their sorrows or indulge in the flower street willow lane, Jin Nantian's best place to release pressure is in the casino in Las Vegas, he entered the casino, in the chip exchange hall with cash to huàn 10,000 US dollars of chips, familiar with the road to the baccarat-music hall, Asian gamblers like to play baccarat-music is not a secret, after all, baccarat-music is advertised as the fairest way to gamble, Jin Nantian's chips in his hand are 100 face value of small chips, Only $10,000 in chips is the consistent style of this rigorous Korean.

After sitting down at the table on the 17th, Jin Nantian lit a cigarette, while looking at the posture of the young female dealer, while casually putting 2 chips on the position of the banker, it was still early, there were not many people in the baccarat-music hall, the dealer at the 17th table was convex and concave and hot, but even so, there were very few players who sat down to place a bet, except for Jin Nantian, an Asian mustache with gold-rimmed glasses followed and sat on the 17th table, of course, The handsome appearance of the other party bet more boldly than Jin Nantian, the president and CEO of an automobile company with an annual salary of 300,000 US dollars, and the smallest chip he threw down was 10,000 pieces, and he also bet on Zhuang to win.

The blonde and blue-eyed beauty dealer shouted to buy and leave the hand and began to deal cards, good luck, the dealer a A 9 points, and the player a K a 7 points, the dealer won, the opposite mustache won 10,000 US dollars, and Jin Nantian won 200, good things are not over, although the two are strangers but since they have won, they can't help but look at each other and smile, the mustachioed handsome guy raised the wine glass in his hand to signal, Jin Nantian also beckoned and smiled is a greeting, and then the second time - bet, Jin Nantian said in his heart I am also a successful person with an annual salary of 300,000 US dollars, People have a handful of 10,000 under it, and my card is only 200 yuan, isn't it too much to look at?

Jin Nantian added six chips to the second, plus the previous win of 200 and the next 200, now he put 1000 chips in the position of the village, after all, only 10,000 US dollars of chips, really want to pretend really can't pretend to be the mustache opposite, look at him dressed although the temperament is more outstanding, it is rare to spend money but there is no ordinary gambler waiting for the opening of the kind of nervousness and uneasiness, maybe a mere 10,000 per bet of 10,000 baccarat - music is not in the eyes of people at all? Jin Nantian couldn't help but feel a little frustrated......

The second mustache did not add a bet, the position of the dealer is just 10,000 chips and the dealer lost out of the 10,000 chips, buy and leave, began to deal cards, the dealer began the second game step by step, the first and third chapter cards to the player, this time the luck is good a 10 a 8, that is not needed to make up the winning points, but the luck of the dealer position is obviously more explosive, a Q a 9 points, Zhuang wins!

Jin Nantian couldn't help grinning, the mustache on the opposite side also smiled and raised his glass again, the dealer quickly paid the chips, Jin Nantian's bet area had a bright 1,000-yuan face value chip, this product simply grabbed the chips and sat next to the handsome guy with the mustache, and asked with a smile, "Are you from the island country?" Korean? Or are you from Hong Kong? Good luck tonight! ”

"Uh, it's just fun, I think you look like a Korean, I, I think I'm Chinese, but people don't agree, so I have to be an American with yellow skin and a white heart, you can call me Django......" Jiang Yelin is not a trick, but today he came prepared, to touch the bottom of the head of Daewoo North America.

"Haha, Django, you're so funny, yellow-skinned and white-hearted American, I'm a native of Korea, you can call me Nan...... What industry do you work in? I see that every time you bet - it's not small, which family's son is it, right? It's a bit chic to be so young...... Jin Nantian didn't know why, he felt that the other party was both mysterious and had a hint of easy to get close to, so he couldn't help but say a few more words and tried to get close.

"Nan, my family didn't give me a penny, the tuition fees are all earned by myself, I plan to go to Columbia Business School in the fall, I heard that the admission rate is only 12%, do you think I can pass the exam?" Jiang Yelin said, while pushing the 40,000 chips in the Zhuang position to the player's position, thinking about it but not enjoyable, and moved another 10,000 chips in the position of the and, now 30,000 - bets on the player to win, 10,000 - bets to play and ......

"Hey, Nan, it's your turn, I think the player has a chance to win...... Won't you change with me? Jiang Yelin was obviously well-intentioned.

"Really? I think the banker's momentum is booming, I still bet on the banker to win......" The competitive spirit made Jin Nantian suppress the idea of calling, so that the 2,000 chips continued to stay in the banker's winning position.

"Okay, you may regret it later......" Jiang Yelin said while not being confident, and moved the chips on the player's position by 10,000 to the position of the player, and now he bets on the player to win 20,000, and bets on 20,000, "Buy and leave, open the cards!" The beautiful dealer rang the copper bell and began to deal cards, the dealer got a 4 and a 5, which was 9 points, and the player got a 3 and a 6, the same is 9 points, Zhuang Xian played and, Jin Nantian - bet Zhuang won although he did not lose money, but Comrade Django won 8 times 160,000 on the game!

The beautiful dealer's face was a little strange when she made a bet, and she kept throwing flattering eyes when she looked at the handsome guy with a mustache, and Jin Nantian couldn't say that she had just called Django with a mustache on the shelf, and the chance to win eight times under the heavy bet on Baccarat - Le is not every day! What a pity!

"Well, Brother Nan, I see that your chips are a little insufficient, half of them will be divided when they meet, if you lose, it will be mine, and if you win, it will be yours, don't be polite to me!" Jiang Yelin said that he divided 80,000 yuan of chips from the 180,000 chips and pushed them to Jin Nantian, this move surprised both the beautiful dealer and Jin Nantian, what about Nima's 80,000 US dollars, it is too big to give it away, right? Unexpectedly, this was not the end, Jiang Yelin said and pushed a chip with a face value of 10,000 to the beautiful dealer in front of the beautiful dealer, "This is a tip for you, don't ask the foreman to snatch it away!" ”

"Hey...... Django, how do you call me that...... It's too expensive...... Contemptible Kanamida, the person in charge of Daewoo Co., Ltd. North America, please take care of me in the future! Jin Nantian stood up and bowed seriously, Jiang Yelin got up with a smile and stretched out his hand to hold the other party's hand and said, "Contemptible Ye Django, eat at Merrill Lynch Securities, it's a pleasure to meet Your Excellency!" “