What is the asset-heavy model? Our view: the development model of real estate development companies should be asset-heavy. How to debate it?

Heavy asset model should mean that the assets of the enterprise's business activities to self-purchase or self-built, general real estate should be heavy asset operations, such as Vanke, Wanda, are required to hold a large amount of land, commercial real estate, corresponding to the light asset model, that is, the enterprise's business is not the holding of a large number of long-term asset-based, but rather to the intellect or business business model, the main assets are not the enterprise's own, such as Gome, Suning, Apple, Microsoft, such as home hotels, etc., their output is an intellectual achievement, or business model, business model, the main assets are not enterprise-owned. Suning, Apple, Microsoft, Ruijia Hotel, etc., their output is a kind of intellectual achievements, or business model, operating assets are generally leased, this kind of business risk is low

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