Core Insights - The traditional "two landlord" model in industrial parks is struggling, leading to increased vacancy rates and rental price negotiations between landlords and sub-landlords [1][4] - A shift towards a light asset model, characterized by deep operational strategies, is emerging as a solution to the challenges faced in industrial park operations [5][8] Group 1: Challenges of the Traditional Model - The story of a sub-landlord in Shenzhen illustrates the difficulties faced, including a 30% vacancy rate and pressure to reduce rent by 20% from existing tenants [2][3] - The traditional model leads to a "mutually destructive" situation where both landlords and sub-landlords are unable to reach a compromise, resulting in increased vacancies [4] Group 2: Advantages of the Light Asset Model - The light asset model focuses on shared benefits and risk-sharing between landlords and operators, reducing the burden of fixed rental costs for operators [6] - This model fosters a partnership approach during market downturns, contrasting with the adversarial nature of the traditional model [6] Group 3: Case Study of Qihuo Life Group - Qihuo Life Group exemplifies successful implementation of the light asset model, leveraging nearly 20 years of experience in asset management and industrial consulting [7] - The company emphasizes deep operational capabilities, offering comprehensive solutions that include industry research, professional positioning reports, and efficient management strategies [7] - By focusing on the needs of enterprises and providing a full lifecycle service system, Qihuo Life Group enhances the value of industrial parks and supports tenant growth [7]