Waterdrop Inc.
Close on Oct 19, 2026
About Waterdrop
Insurance Agents, Brokers & Service, SIC 6411
Waterdrop Inc. is an online healthcare and insurance platform provider that conducts operations through its subsidiaries and consolidated variable interest entities. The company operates primarily through insurance and medical crowdfunding segments. Its core offerings include insurance brokerage services for short-term and long-term insurance policies, medical crowdfunding platform services, technical services, and digital clinical trial solutions. Waterdrop serves individual consumers seeking healthcare financing and insurance coverage, as well as corporate partners such as insurance carriers and healthcare organizations.
The company is incorporated in the Cayman Islands and maintains its principal executive offices in Beijing, China. Waterdrop primarily carries out its business operations across mainland China and Hong Kong. The organization maintains operating entities, office buildings, software copyright assets, and professional licenses, including insurance brokerage, insurance agency, insurance adjusting, and medical institution licenses.
Summary of the business section of Waterdrop's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Waterdrop Inc.
- Headquarters
- Beijing, China
- Address
- Block C, Wangjing Science Park, No. 2 Lize Zhonger Road, Chaoyang 100102
- Phone
- 861053394997
- Employees
- 3,018, Dec 31, 2025
- Industry
- Insurance Agents, Brokers & Service
- Incorporated in
- E9
- Fiscal year ends
- December 31
- Auditor
- Deloitte Touche Tohmatsu Certified Public Accountants LLP, Beijing, the Peoples Republic of China
Stock & identifiers
- Ticker
- WDH
- Exchange
- NYSE
- IPO date
- May 7, 2021
- Shares outstanding
- 3.61B, Dec 31, 2025
- Filer category
- Accelerated filer<br>Emerging growth company
- SEC CIK
- 1823986
- CUSIP
- 94132V105
- ISIN
- US94132V1052
- LEI
- 655600TO7NRHFZN44V92
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Xiaolei Sun | VP of Human Resources, Director | 5,239,630 |
| wei ran | Head of Insurance Business, Director | 2,039,630 |
| Peng Shen | CEO, Director | 801,908,979 |
| Nian Liu | Head of Legal | 700,000 |
| Xiaoying Xu | Head of Finance | 553,820 |
| Jieru Li | VP Fin, Head of Strat & CapMkt | 646,410 |
| Xiaobo ZHOU | Head of R&D | 230,610 |
| Qianfei Chang | Director | 60,000 |
| Heping Feng | Director | 299,820 |
| Kai Victor Huang | Director | – |
| Haiyang YU | Director | 0 |
| Chenyang Wei | Director | 299,820 |
| Chen Lin | Director | 220,000 |
| Wenjie Guan | Director | – |
Employees
Headcount reported in annual reports
“We had 2,960, 3,057 and 3,018 full-time employees as of December 31, 2023, 2024 and 2025, respectively.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 7, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Apr 30, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |