The “Implementation rules for retrofitting existing Jingmen residential buildings with lifts to Withdraw Housing Provident Fund”has been 2021 into effect since December 1. 

      The detailed rules specify the conditions, time limit, amount, data and procedure of withdrawal of reserve fund. 

     The conditions for the extraction stipulated that the installation of elevators in existing residences owned by the employees and their spouses, and the installation of additional approval procedures were in accordance with the law and regulations, and when the application for withdrawal to meet the individual account normally deposited housing provident fund for more than 6 months, no restricted circumstances can not be withdrawn, you can apply for the withdrawal of housing provident fund. In fact, with the exception of Jingmen, many provinces and cities in the country are responding positively to the spirit of the document issued by the government on July 10,2020 on “Guiding opinions on comprehensively promoting the renovation of old urban areas”, vigorously promote the “Residential area residents to draw housing accumulation fund for the installation of elevators and other self-housing renovation”work. When it comes to the existing residential elevator, elevator is the protagonist of course, and you know what, the elevator and we are closely related to the linear motor, Linear motor-driven elevator is becoming one of the mainstream. Linear Motor Elevator is a new type of elevator. The elevator with linear motor has a series of advantages. The cordless elevator driven by linear motor breaks the boundary of the rope elevator. It does not need to consider the strength and reliability of the wire rope, the utility model has the advantages of simple structure, small floor area, high speed, energy saving, high reliability, anti-seismic and long travel distance. In the future, the elevator driven by linear motor will become one of the mainstream elevators, which will play an important role in the installation of existing residential elevators.

       Kunshan is a LINEAR MOTOR R & D, production and sales of high-tech enterprises, linear motor with Mao made one of the typical application scenarios is as a variety of transmission equipment drive. 

     The article was originally written by www.tmmotion.com in Kunshan, China. Please quote the source.