According to China's labor law and related policies, employers are obliged to pay provident fund for employees. According to the Regulations of People's Republic of China (PRC) Municipality on Basic Old-age Insurance for Urban Employees and the Regulations of People's Republic of China (PRC) Municipality on Basic Medical Insurance for Urban Employees, the employer shall pay the provident fund for employees in accordance with the prescribed proportion and amount. In addition, according to the Regulations of People's Republic of China (PRC) Municipality on the Administration of Housing Provident Fund, the employer shall also pay housing provident fund for employees. Therefore, Yongchuang Intelligent Equipment Co., Ltd. is obliged to pay the provident fund.