Wen | Lei Technology

This year, after Apple announced the cancellation of the car-making plan, it finally made up its mind to allocate more energy to the AI project. The M3 MacBook Air just released and the upcoming iOS 18 correspond to Apple’s first answer sheet on the AI PC and AI mobile phone tracks respectively.

IOS 18 has not yet been released, and everyone can only guess Apple’s next move from many sources. However, judging from the performance of the released M3 MacBook Air, it seems that the number of AI computing cores, performance and even NPU of M3 chips are difficult to support Apple’s AI PC business in the face of the encirclement formed by a variety of AI PC competing products in the market. The new M3 MacBook Air was sold at a discount of $100 on Amazon only one month after it was put on the shelves.

However, the situation that M3 chip alone supports Apple AI PC is about to change: Apple M4 series chips may have to meet with you in advance. Mark Gurman, a reporter from Bloomberg, pointed out in the latest issue of Power On newsletter that Apple’s M4 chip is close to the mass production stage, and it will be loaded into the latest Mac devices as soon as the end of this year. The focus of this series of chips will be on improving the performance of handling AI tasks.

M4 chip focuses on AI performance and will cover the full-stack product line of Mac.

Considering that Apple released M3, M3 Pro and M3 Max chips in October last year, Mark Gurman predicted that Apple would also launch M4 series chips around October this year. Last year, M3 series chips were sought after by many consumers for their performance, dynamic cache, mesh coloring and rendering, and hardware-level ray tracing acceleration technology.

This year, the upgrade of M4 series chips will focus on the number of AI computing cores, efficiency and NPU. It is reported that the M4 series chips to be produced by Apple are expected to have at least three main models, namely, the low-end chip Donan, the mid-end chip Brava and the high-end chip Hidra. The above names are all code names, and the officially listed names are likely to follow the M4, M4 Pro, M4 Max and M4 Ultra of M3.

Not only that, M4 series chips will also cover the whole Mac product line. Among them, the new iMac, entry-level 14-inch MacBook Pro, high-end 14-inch MacBook Pro, 16-inch MacBook Pro and Mac mini models will be the first batch of MAC products equipped with M4 series chips, which are expected to be launched one after another from the end of this year to the beginning of next year.

In the first quarter of 2025, Apple will update the 13-inch and 15-inch M4 MacBook Air models, update the Mac Studio in the middle of the year, and update the Mac Pro in the third or fourth quarter.

Apple reorganized the Mac product line with M4 series chips, which has different significance for different products in the product line. For Mac mini, Mac Pro and Mac Studio, this is a rare intergenerational update. Previously, the latest models of the three products were only equipped with M2 chip, and their performance had already lagged behind other Mac products. Whether Apple directly skipped M3 chip and upgraded to M4 chip or inserted M3 chip into the original update rhythm step by step, with the current news, it is still impossible to draw a conclusion.

However, Lei Technology believes that according to Apple’s habit, it is not impossible for Apple to release M3 and M4 products at the same time, so the price of M4 products may hit a new high in this series.

For the newly upgraded M3 MacBook Air, it is expected that the M4 model released next year will exert great sales pressure on M3 model, and the shortened update time may make some consumers feel at ease as a "waiting party", and then make a decision after the release of M4 MacBook Air. This also means that M3 MacBook Air will accelerate the clearance and dumping of goods, which is expected to be greatly promoted at key promotion nodes such as 618.

The significance of AI Mac to Apple has surpassed the product itself.

According to the global PC sales in 2023 released by data research organization IDC, in the fourth quarter of 2023, the global PC shipments were about 259.5 million units, down 13.9% compared with 2022. Among them, Apple’s shipments ranked fourth, down 22.4% year-on-year. Although Apple’s shipments in the fourth quarter of 2023 improved, increasing by 10.1% year-on-year, from the annual data, Apple’s decline in the PC market is very obvious, and the decline rate far exceeds that of other PC manufacturers.

In fact, not only in the PC market, but also in other fields. A series of events such as the "Titan" project shelved for ten years, the iPad shipment was overtaken by Huawei tablet, the word-of-mouth of Vision Pro was extended, and the price of iPhone 15 series was successively reduced, which made Apple feel overwhelmed.

The outside world is generally not optimistic about Apple’s expectations, which is embodied in the investment market. As of the close of the US stock market on April 10, Apple’s share price has fallen by about 13% this year. It was not until the news that M4 series chips reorganized the Mac product line came out that Apple’s share price rose, with a total increase of more than 5% in two days.

It can be seen that the significance of AI Mac to Apple has far exceeded the scope of ordinary products. It represents the apple that the outside world wants to see more, and it also means that Apple has finally returned to the "right track" that the public thinks. Apple continues to iterate AI Mac products through M4 series chips. On the one hand, it can inject new power into the Mac product line whose shipments are already declining in 2023 and stimulate the sales of the Mac product line; On the other hand, AI PC has become the hottest topic in the PC market. Many PC manufacturers have either launched the first AI PC or are on the way to release it. If Apple keeps the iterative pace of the past few years, it is likely that the PC shipments in 2024 will further decline.

M4 Mac will add another fire to AI PC.

If we want to select the hottest keywords in the technology industry in 2024, Lei Technology believes that it is "AI". At present, AI has penetrated into all walks of life. AI mobile phone, AI TV, AI audio, AI kitchen appliances, AI music, AI headphones and the AI PC we are talking about today all represent the reconstruction of an industry by AI.

Microsoft and Glory have successively released their own AI PC products. Whether it is Microsoft’s Surface Pro 10 commercial version and Surface Laptop 6 commercial version, or the glory MagicBook Pro 16, they are all highly anticipated by their respective manufacturers.

In addition, Microsoft and Qualcomm jointly built the Snapdragon X Elite chip, and plan to launch the Surface product with this processor later this year. It is reported that Microsoft executives are very satisfied with the performance of Snapdragon X Elite chip, and think that it can surpass Apple’s MacBook Air equipped with M3 chip in terms of CPU performance and handling various AI tasks.

Lenovo also plans to officially release the first real AI PC on the 18th of this month. The biggest highlight of this product is that it will be equipped with a personal model AI TWIN (artificial intelligence twin) with a local knowledge base. According to the official introduction, the so-called AI TWIN means that by establishing a local knowledge base on the device, you can better understand the user’s behavior habits, even predict tasks according to your thinking mode, and find solutions on your own. It eventually evolved into a digital extension of users, just like twins.

It can be said that almost all PC manufacturers are going further and further on the road of AI PC. The addition of Apple’s AI Mac has made the already highly competitive PC industry more chaotic. Although Apple’s PC shipments in 2023 are not ideal, I believe that no PC manufacturer can ignore the influence of Apple products.

It’s better than Microsoft. The joint venture with Qualcomm to build Snapdragon X Elite chip only claims that its performance exceeds M3 MacBook Air. When Apple officially launches M4 series chips, perhaps the current PC industry will usher in a new round of reshuffle.

With AI hardware alone, Apple can’t turn the tide.

Apple’s "toothpaste-squeezing" update is nothing new. Although the performance of M3 series chips is basically improved by 10%-20% compared with M2 series, it obviously cannot meet the high expectations of some users for its performance. At present, we still don’t know how much the M4 series chips have improved compared with the M3 series chips. According to the news, the M4 series chips that are highly anticipated by Apple may really bring a good competitive advantage to Apple’s Mac product line.

However, no matter how superior the hardware conditions are, they can’t be separated from the landing scene after all, and users’ judgment on the quality of product experience comes more from practical applications. On M3 MacBook Air, we have seen the native functions of the system, such as real-time speech to text, translation, text prediction, visual understanding, and auxiliary functions, as well as the AI functions under the AI application ecology, such as Pixelmator Pro automatically enhancing photos and CapCut eliminating background noise in videos.

Although these functions are not amazing, they are quite satisfactory, but Lei Technology believes that AI Mac has not really played the traditional advantages of Apple’s ecology, such as using OS to connect different devices in series and build an application ecosystem, or launching AI OS for the era of generative AGI (universal artificial intelligence).

Recently, The Wall Street Journal reported that Apple had a discussion with Google, OpenAI and Anthropic, which are owned by Alphabet. It is not excluded to introduce one or more AI models into iOS 18 to provide the news of generating AI chat robot function for iOS system, and related news of cooperation with Baidu has also been reported in China.

If Apple is only an AI hardware provider, this win-win approach is obviously wise, but Apple is a technology company famous for its innovation and intelligence. In the short term, adopting alternatives may be acceptable to most users, but in the long run, this practice will always fall into the next ride. This is still the case in the mobile phone market. If Apple adopts a similar approach in the PC market, I believe that even if the M4 series chips with super performance are launched, it will be difficult to reverse the current unfavorable situation of Apple in the PC market.

Lei Technology still hopes that Apple can develop more eco-related practical applications on the new AI Mac and bring more AI usage scenarios to users. If it can really reach the above level, perhaps M4 series chips will lead Apple’s Mac product line to rebound.

recent days

"Chengdu housing provident fund monthly withdrawal.

Housing provident fund repays the principal and interest of individual housing loans.

Management related regulations "

(hereinafter referred to as the "Regulations")

Revision and issuance

Revised "Regulations"

Implemented on October 8, 2023.

Valid for 1 year

Relevant provisions on the management of monthly withdrawal of housing provident fund from Chengdu housing provident fund to repay the principal and interest of individual housing loans

First, the applicable object

Workers who have paid the housing provident fund in Chengdu Housing Provident Fund Management Center (hereinafter referred to as Chengdu Provident Fund Center) have applied for housing provident fund personal housing loans (hereinafter referred to as provident fund loans) and commercial personal housing loans (hereinafter referred to as commercial loans) and repaid the loan principal and interest on a monthly basis, and can apply to Chengdu Provident Fund Center for monthly withdrawal of housing provident fund to repay the personal housing loan principal and interest (hereinafter referred to as monthly repayment).

Second, the way to achieve

Eligible paid employees can sign the Service Agreement on Monthly Withdrawal of Housing Provident Fund to Repay the Principal and Interest of Individual Housing Loans (hereinafter referred to as monthly withdrawal agreement or agreement) with Chengdu Provident Fund Center, and realize monthly withdrawal and repayment of loans through direct withdrawal of principal and interest or quota withdrawal.

(1) Direct payment of principal and interest

Direct principal and interest is applicable to the provident fund loan of Chengdu Provident Fund Center (excluding Ziyang Minsheng Village Bank).

Direct payment of principal and interest means that the Chengdu Provident Fund Center deducts the principal and interest of the provident fund loan that should be repaid in the current period from the available amount of the housing provident fund deposit account opened by the deposit workers in Chengdu Provident Fund Center in the current month, and the difference that the available amount is insufficient to be deducted is deducted from the entrusted deduction account (hereinafter referred to as the personal loan repayment account) agreed by the borrower when handling the loan.

(2) Quota extraction method

Quota withdrawal is applicable to other personal housing loans, including provident fund loans from Chengdu Provident Fund Center (limited to Ziyang Minsheng Village Bank), provident fund loans from other provident fund centers, and commercial loans (including discount loans from public developers).

Quota withdrawal means that Chengdu Provident Fund Center will withdraw the monthly withdrawal amount agreed in the agreement (hereinafter referred to as the agreed withdrawal amount) from the available amount of the housing provident fund deposit account opened by the paid employees in Chengdu Provident Fund Center in the current month to the bank account agreed in the agreement (hereinafter referred to as the withdrawal account):

1. Extract the collection account. Withdraw the repayment funds on a monthly basis and transfer them to the normal Class I bank savings account opened by the employee himself in the cooperative bank of Chengdu Provident Fund Center or the digital RMB wallet account that meets the requirements. Among them, the paid employees who repay the commercial loans of the cooperative bank of Chengdu Provident Fund Center and hold a personal loan repayment account can transfer the withdrawal funds to the personal loan repayment account.

The cooperative banks of Chengdu Provident Fund Center can inquire through the publicly available List of Banks for Online Inquiry of Commercial Loan Information.

2. Agreed withdrawal amount. Deposited employees agree that Chengdu Provident Fund Center obtains information such as total loan amount, loan period, repayment method, loan start date, loan end date, remaining loan principal and interest, basic interest rate of commercial loans, etc. (regardless of factors such as interest rate adjustment and interest rate difference) according to interconnection, and calculates the remaining loan principal and interest amount through the business system of Chengdu Provident Fund Center and determines the agreed withdrawal amount. Deposited employees have objections to the agreed withdrawal amount, which shall be handled offline with reference to Article 5 (2) of these Provisions.

Third, the application conditions

When the paid employees meet the following conditions at the same time, they may apply for monthly repayment:

(a) during the repayment of the loan, and the loan has not been settled, the deposit employee is the owner of the house purchased by the loan or the spouse of the owner.

(2) There are no cases such as unfinished withdrawal, pre-receipt registration, and the judicial freeze has not been lifted, and it has not been included in the bad behavior registration of Chengdu Provident Fund Center.

(3) The paid employees have no other housing consumption withdrawal business within a natural year, except for the withdrawal of the loan principal and interest for the same set of housing.

(4) There is no agreement on entrusted withdrawal of Chengdu housing provident fund or agreement on entrusted withdrawal of Chengdu housing provident fund quota (hereinafter referred to as "annual entrusted withdrawal agreement") or monthly withdrawal agreement.

(five) in accordance with the "Chengdu housing provident fund extraction management measures", "Chengdu housing provident fund extraction management implementation rules" and other relevant provisions.

Four, the provisions of the contract loan

(1) The individual housing loans paid to employees with multiple sets of self-occupied housing are not settled, and if there is a provident fund loan from Chengdu Provident Fund Center, priority should be given to the provident fund loan from Chengdu Provident Fund Center for monthly repayment.

(2) If the paid employees choose the combined loan of Chengdu Provident Fund Center to sign a monthly withdrawal agreement, the provident fund loan will be paid directly to the principal and interest, and the commercial loan will be paid in a fixed amount, and the monthly available amount will be given priority to the direct payment of the principal and interest.

(3) If the deposited employees have signed the original annual entrustment withdrawal agreement, they can choose to continue the implementation according to the original regulations and the agreement, or they can choose to terminate the annual entrustment withdrawal agreement and sign a new monthly withdrawal agreement.

If there are two or more people in the same house who meet the extraction conditions, the selection of repayment extraction methods and the types of extraction agreements signed should be consistent.

V. Application materials and handling methods

(1) Online processing

Eligible paid employees can apply for, check and confirm the signing information through the "Chengdu Housing Provident Fund" APP, and complete the monthly loan repayment signing.

The borrower or spouse of the provident fund loan of Chengdu Provident Fund Center (excluding Ziyang Minsheng Village Bank) and the main borrower or spouse of the commercial loan of Chengdu Provident Fund Center cooperative bank can apply online.

(2) Offline handling

Eligible paid-in employees shall provide authentic, legal and effective originals of the following materials and apply for monthly repayment in the service hall of Chengdu Provident Fund Center. Chengdu Provident Fund Center will keep electronic images of relevant business materials.

1. Proof of identity and marriage:

(1) If the deposit employee is the principal borrower, provide his/her identity certificate.

(2) If the deposit employee is from co-borrower, he/she shall provide his/her identity certificate and that of the principal borrower.

(3) If the deposit employee is not co-borrower, but the spouse of the principal borrower, he/she shall provide his/her identity certificate, the identity certificate of the principal borrower and marriage certificate.

(4) If the paid employee is not co-borrower but co-borrower’s spouse, he/she shall provide his/her identity certificate, spouse’s identity certificate, marriage certificate and main borrower’s identity certificate.

2. Repay the provident fund loan of Chengdu Provident Fund Center (excluding Ziyang Minsheng Village Bank) without providing other materials.

3. If the loan of Chengdu Provident Fund Center (limited to Ziyang Minsheng Village Bank) and the commercial loan of Chengdu Provident Fund Center cooperative bank are repaid, the withdrawal account shall be provided according to Article 2 (2) of these Provisions.

4 to repay other personal housing loans, provide:

(1) Loan contract/loan contract (if the loan repayment business has been handled after November 1, 2017, the loan contract/loan contract can no longer be provided when the same house is used for monthly repayment);

(2) Personal loan repayment account flow (showing the latest deduction record);

(3) Providing withdrawal account according to Article 2 (2) of these Provisions;

(4) Chengdu Provident Fund Center will verify the authenticity of the loan through the platform of Yinzhengtong and the personal credit information system of China People’s Bank. If it is verified through the Yinzhengtong platform, the main borrower needs to sign the authorization agreement on the spot. If the main borrower belongs to the paid employee of Chengdu Provident Fund Center, it can be authorized online through the "Chengdu Housing Provident Fund" APP; If it is verified by the personal credit information system, the principal borrower shall sign the credit information inquiry authorization on the spot.

5. If the loan information, housing information and personal loan repayment account inquired through interconnection are incomplete and inaccurate, or the deposit employees have objections, or the non-cooperative banks cannot inquire about relevant information through interconnection, which affects the business audit and data confirmation, the deposit employees shall provide the corresponding original supporting materials.

6. If the housing purchased by the loan is outside the mutual recognition area announced by Chengdu Provident Fund Center, it is also necessary to provide the household registration certificate or work place certificate of the paid employee or spouse.

7. When handling business at the counter, the spouse can act as an agent, and at the same time provide the agent’s identity certificate and the original marriage certificate. If it is necessary to verify the authenticity of the loan through the personal credit information system, only the main borrower can do it for his spouse. If the principal and interest are paid directly, the spouse can do it on behalf of the paid employee after handling the entrusted registration through the "Chengdu Housing Provident Fund" APP or providing a notarized power of attorney.

VI. Implementation of the Agreement

(1) If two or more paid employees sign the same loan, it will be executed in the order of signing time by default.

(2) If the fixed withdrawal method is adopted, Chengdu Provident Fund Center can calibrate the agreed withdrawal amount through cooperative banks’ push information, bank-Zhengtong platform inquiry and manual verification.

(three) paid workers and Chengdu provident fund center signed a monthly withdrawal agreement, and within the validity period, shall not handle other housing consumption withdrawal business.

VII. Alteration of Agreement

(1) Select the change of collection account.

During the validity period of the monthly withdrawal agreement, if it is necessary to change the withdrawal account, the signatory shall go through the change formalities at the counter, and the spouse may act as agent. If I handle it, I will provide the original ID card and my bank account; If the spouse acts as an agent, the original identity certificate and marriage certificate of the agent shall be provided at the same time.

Chengdu Provident Fund Center will keep the electronic images of the business materials and issue the agreement change certificate.

(2) Selection order change

There are multiple monthly repayment contractors for the same loan, and if the withdrawal order needs to be changed, all the contractors must go to the counter at the same time, and the spouse can act as agent. If I handle it myself, I will provide the original identity documents of all the signatories; If the spouse acts as an agent, the original identity certificate and marriage certificate of the agent shall be provided at the same time.

Chengdu Provident Fund Center will keep the electronic images of the business materials.

VIII. Termination of the Agreement

(1) The monthly withdrawal agreement shall be automatically terminated in the following circumstances:

1. If the principal and interest are paid directly, the remaining loan principal and interest payable shall be zero.

2. If the fixed withdrawal method is adopted, the accumulated withdrawal amount is equal to the remaining repayable loan principal and interest amount of the loan at the time of signing, or after the month following the agreed loan termination time has been withdrawn according to the agreement.

(II) During the validity period of the agreement, the signatory can terminate the agreement through the "Chengdu Housing Provident Fund" APP or go to the service hall of Chengdu Provident Fund Center to apply for termination of the agreement. If I apply for termination of the agreement at the counter, I shall provide the original identity certificate; If the spouse acts as an agent, the original identity certificate and marriage certificate of the agent shall be provided at the same time.

Chengdu Provident Fund Center will keep the electronic images of the business materials and issue the agreement termination certificate.

(3) Chengdu Provident Fund Center has the right to unilaterally terminate the monthly withdrawal agreement under any of the following circumstances:

1. The contractor is included in the bad behavior registration of the provident fund center.

2. The signatory is determined in the divorce agreement or the effective legal documents that he is no longer the owner of the house or no longer undertakes the repayment obligation, or the signatory is no longer the owner of the house, or the spouse of the owner of the house, or does not meet the extraction conditions.

3 national, provincial, municipal or Chengdu Provident Fund Center policies and regulations change, and the monthly repayment business is suspended.

IX. Other matters

(a) the balance of the employee housing provident fund account should be kept at least in 1 yuan. Before the deduction date of each month, the employees who signed the deposit contract should pay attention to the available amount and ensure that the balance of the personal loan repayment account meets the loan repayment amount of the current month to avoid loans overdue.

If the monthly housing provident fund fails to arrive on time or the available amount is insufficient due to reasons such as the housing provident fund is not remitted and credited in time, bank payment settlement, etc., the borrower shall timely deposit in the personal loan repayment account funds not less than the loan principal and interest payable in the current period.

If loans overdue is caused by the borrower’s failure to deposit funds in full and on time, the borrower shall bear the responsibility.

(II) Matters not covered in these Provisions shall be implemented with reference to the Measures for the Administration of the Withdrawal of Chengdu Housing Provident Fund and the Detailed Rules for the Implementation of the Administration of the Withdrawal of Chengdu Housing Provident Fund.

(three) the relevant management regulations or handling channels, inquiry channels, etc., shall be adjusted.

(4) The Chengdu Provident Fund Center shall be responsible for the interpretation of these Provisions.

(five) these Provisions shall come into force as of October 8, 2023, and shall be valid for one year.

Why should the Regulations be revised?

Applicable object of "monthly repayment"

And how to realize it?

Monthly withdrawal agreement

Can it be changed or terminated early?

Signed annual withdrawal agreement

Continue to take effect?

Here comes the interpretation.

Revision background

Since October 8, 2021, Chengdu Provident Fund Center’s monthly loan repayment business has been put into operation. Through two different processing modes of "straight principal and interest" and "fixed withdrawal", it has taken the lead in realizing the full coverage of individual housing loans in the industry by interconnecting with financial information platforms such as cooperative banks and banking-government-communication platforms. Employees who have paid off provident fund loans, commercial loans and portfolio loans can withdraw housing provident fund to repay loans on a monthly basis, effectively reducing the repayment of individual housing loans by paid employees. The relevant regulations on the management of monthly withdrawal of housing provident fund from Chengdu housing provident fund to repay the principal and interest of individual housing loans (Trial), which has been implemented for supporting business, is about to expire. In order to further improve the service experience of paid employees in withdrawing and using housing provident fund, and ensure the standardization, continuity and effectiveness of business operation, it is necessary to revise and improve the relevant regulations on the management of monthly repayment of loans.

hot-button issue

ask

What are the applicable objects and specific implementation methods of "monthly repayment"?

Answer: If employees are deposited in Chengdu Provident Fund Center and have applied for individual housing loans, they can apply to Chengdu Provident Fund Center for monthly withdrawal and repayment during the period of monthly loan repayment. Personal housing loans include provident fund loans, commercial loans, combined loans of provident fund loans and commercial loans.

There are two ways to realize monthly loan repayment: "straight principal and interest" and "fixed withdrawal".

ask

What is the scope of application of "straight principal and interest" and "fixed withdrawal"?

Answer: 1. "Direct payment of principal and interest" means that Chengdu Provident Fund Center deducts the principal and interest of provident fund loans that should be repaid by paid employees in the current period from the provident fund account on a monthly basis, and the difference that is insufficient to be deducted is deducted from the entrusted deduction account agreed by the borrower when handling the loan.

This method is applicable to the provident fund loan of Chengdu Provident Fund Center (excluding Ziyang Minsheng Village Bank).

2. "Fixed withdrawal" means that Chengdu Provident Fund Center transfers the withdrawal amount agreed upon in the agreement from the employee provident fund deposit account to the bank account agreed upon in the agreement on a monthly basis.

This method is applicable to other personal housing loans, including provident fund loans from Chengdu Provident Fund Center (limited to Ziyang Minsheng Village Bank), provident fund loans from other provident fund centers, and commercial loans (including discount loans from public developers).

3. For the monthly repayment of the combined loan of Chengdu Provident Fund Center, the part of the provident fund loan is realized by "straight principal and interest" and the part of the commercial loan is realized by "fixed withdrawal".

ask

What are the "fixed withdrawal" collection accounts?

Answer: 1. If the commercial loan of Chengdu Provident Fund Center Cooperative Bank is repaid by monthly withdrawal, and the deposit employee is the cardholder of the entrusted deduction account, the withdrawal funds can be transferred to the entrusted deduction account.

2. Other paid employees who meet the conditions of "quota withdrawal" will withdraw the repayment funds on a monthly basis and transfer them to my normal Class I bank savings account or a digital RMB wallet account that meets the requirements. If the employee has signed the card, the withdrawal funds will be transferred to my signing card.

3. Deposited employees can check the list of cooperative banks through the List of Banks for Online Inquiry of Commercial Loan Information published by Chengdu Provident Fund Center official website and other channels.

ask

What are the conditions for signing a monthly withdrawal agreement?

Answer: 1. The paid employee is the owner of the house purchased by the loan or the spouse of the owner, and the housing loan has not been settled.

2. There is no unfinished withdrawal business, pre-receipt registration, judicial freeze, etc. in the employee provident fund account, and I am not included in the bad behavior registration of Chengdu Provident Fund Center.

3. Deposited employees have not handled other housing consumption extraction business within a natural year, including purchase, construction, renovation, overhaul of self-occupied housing extraction, repayment of principal and interest of non-local housing loans, and rental extraction.

4. Deposit the annual withdrawal agreement or other monthly withdrawal agreement that the employee has not effectively implemented.

5. The address of the house should be consistent with the prefecture-level administrative region where the employee or spouse is registered or works, except that the purchased house is in the mutual recognition area announced by Chengdu Provident Fund Center.

ask

When can I sign a monthly withdrawal agreement after paying the employee for personal housing loan?

A: After the provident fund loan is issued, or the commercial loan is repaid for one month, it can be processed if it meets the signing conditions.

ask

Can the deposit balance included in the calculation of provident fund loan amount be used to direct the principal and interest?

A: Yes.

ask

What are the ways to sign a monthly withdrawal agreement?

A: There are mainly online and offline processing methods.

Eligible paid employees can apply for self-service online through the "Chengdu Housing Provident Fund" APP; If you can’t get the relevant information accurately online, you need to apply for it at the counter. When going offline for counter handling, the employees who pay the deposit shall provide proof materials according to Article 5 of the Provisions on the Administration of Withdrawing Housing Provident Fund from Chengdu Housing Provident Fund on a Monthly basis to Repay the Principal and Interest of Individual Housing Loans.

ask

After the overpaid employees sign the monthly withdrawal agreement, in what order will they be deducted or withdrawn?

Answer: If two or more employees pay the signing and withdrawal agreement for the same loan, it will be deducted or withdrawn in the order of signing time by default. If it belongs to the combined loan of Chengdu Provident Fund Center, it will give priority to the principal and interest of the provident fund loan.

ask

Can the monthly withdrawal agreement be changed or terminated early?

A: Yes. The agreement change is limited to the change of the order of the collection account and the drawer.

Deposited employees can apply for early termination of the agreement through the center "Chengdu Housing Provident Fund" APP within the validity period of the monthly withdrawal agreement.

ask

After signing the monthly withdrawal agreement, as long as the balance of the provident fund account is sufficient, is it unnecessary to deposit money in the repayment card?

Answer: In order to avoid the failure to withdraw the housing accumulation fund in full as agreed in the agreement due to reasons such as the failure to remit and record the housing accumulation fund in time and the abnormal payment and settlement by the bank, loans overdue will be generated. It is suggested that the paid employee or borrower deposit the repayment amount of not less than one month in the repayment card in advance. It should be noted that the balance of the employee provident fund account should be kept at least in 1 yuan.

ask

Will the annual withdrawal agreement signed at present continue to take effect?

A: Yes. If the paid employees have signed an annual withdrawal agreement and have not terminated the agreement, they can continue to implement it according to the agreement, or they can choose to change the annual withdrawal agreement into a monthly withdrawal agreement according to the actual situation.

Original title: "Implemented on October 8! It is related to the monthly withdrawal of Chengdu provident fund.

Read the original text