Does not qualify as a developer-to-public business.

Beijing cannot transfer commercial loans to provident funds because the housing provident fund personal loan rate and fund utilization rate of the Beijing Housing Provident Fund Management Center have always been at high levels. According to relevant regulations, business-to-business transfer business needs to meet certain conditions and indicators, including personal loan rates and fund utilization rates. Since the personal loan rate and capital utilization rate in Beijing have remained at a high level, it is temporarily impossible to carry out business-to-public transfer business. Such restrictions are to ensure the normal operation and effective use of the housing provident fund and to ensure that the provident fund can better serve the housing needs of the majority of employees.