WDH News & Events

Reports Q2 net profit RMB 140.2M, up 58.7% from the previous year. CEO Peng Shen commented, "We are pleased to announce that we have achieved robust top-line and bottom-line growth, driven by the deeper integration of AI into our sales and service processes. As a result, the company's revenue and profit both experienced double-digit growth in Q2. Looking forward to the second half of 2025, the company will continue to uphold the principle of "Tech for good", fully embrace AI, and keep on providing long-term value for our users, partners, and shareholders!"

Reports Q1 revenue up 7% RMB753.7M from RMB704.7M last year. CEO Peng Shen commented, "We achieved remarkable growth in Q1 2025, kicking off the year with robust operational and financial outcomes. Both revenue and profits grew on a year-on-year and quarter-on-quarter basis. In line with our annual growth objectives, our insurance business maintained a strong upward trajectory...Despite headwinds from product iteration, our long-term insurance premiums grew by 27.6% quarter-on-quarter, demonstrating operational resilience...We are pleased to report that Waterdrop Guardian AI applications are playing increasingly critical roles in both internal and external use cases. For instance, the penetration of our 'AI Insurance Expert - Medical Insurance' has further expanded and facilitated over 2 million yuan in monthly premiums this quarter...The company distributed approximately $7.3M in cash dividends this quarter and repurchased a cumulative total of approximately 54.2 million ADSs from the open market as of May 31, 2025. Our long-standing commitment to user-centric philosophy and AI investment laid the foundation for our achievements. Looking ahead to the upcoming quarters of 2025, we will leverage our proven business know-how to accelerate operational growth, creating greater value to both users and shareholders."

Waterdrop announced its strategic integration of DeepSeek. The company said the collaboration is poised to accelerate the company's business growth, enabling innovative breakthroughs in the application of large-scale AI models across specialized insurance scenarios.