Another recognition! Waterdrop, Inc. ADR Class A company (WDH.US) once again wins the prestigious award from the Hong Kong Quality Assurance Agency for ESG.
Waterdrop Company's ESG work has once again been recognized by the Hong Kong Quality Assurance Agency and awarded the "ESG Disclosure Contribution Pioneer Award".
Recently, the Hong Kong Quality Assurance Agency successfully held the "Green and Sustainable Finance Forum 2025" in Hong Kong. Mr. Christopher Hui Ching-yu, GBS, JP, Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, served as the guest of honor. The event attracted over 400 senior executives from government departments, domestic and foreign banks and financial institutions, domestic and foreign companies, chamber of commerce organizations, academic institutions, and other fields. The forum also held the "Hong Kong Green and Sustainable Finance Awards 2025" ceremony, where Waterdrop, Inc. ADR Class A company (WDH.US) was awarded the "ESG Disclosure Contribution Pioneer Award" for its accomplishments in the ESG field and outstanding performance in sustainable-related information disclosure.
It is understood that the Hong Kong Quality Assurance Agency is a non-profit public organization established by the Hong Kong government. The "Hong Kong Green and Sustainable Finance Awards" established by the agency aims to recognize institutions that have made outstanding contributions in green finance, carbon neutrality, ESG disclosure, and other areas. This year, nearly 70 companies from Hong Kong and the mainland China were commended. Waterdrop, Inc. ADR Class A company received the award again after 2024, demonstrating the agency's full recognition of Waterdrop, Inc. ADR Class A's long-term commitment to sustainable development, continuous improvement of its ESG governance system, and proactive disclosure and practice of ESG information. The opening speech was delivered by Professor Eddie Hui Chi-man, BBS, JP, Chairman of the Hong Kong Quality Assurance Agency, who expressed his hope that the forum would bring more important insights to institutions in the region and help various sectors to innovate for a more intelligent and resilient path to sustainable development.
Waterdrop, Inc. ADR Class A company is a leading insurtech and health platform in China, dedicated to providing health protection solutions to users. This year, the company released its "2024 Environmental, Social, and Governance (ESG) Report," disclosing its technological exploration and achievements in corporate governance, technological innovation, product responsibility, talent development, environmental protection, and sustainable ecology.
Since 2019, Waterdrop, Inc. ADR Class A company has been exploring insurance supply-side innovation using AI. With leading research and development capabilities and a focus on user needs and efficient operations, the company independently developed the "Waterdrop, Inc. ADR Class A Guardian AI Insurance Expert," capable of engaging in natural conversations for up to 50 minutes and understanding over 7,000 different health disclosure information, coverage, and claims clauses of various insurance products, providing users with high-quality insurance product services. Additionally, the company has been focusing on the differentiated protection needs of the elderly, people with diseases, and maternity groups, introducing a variety of inclusive products like "Good Pregnancy" and "Medical Protection," promoting insurance product innovation and enhancing their accessibility and inclusivity.
Furthermore, Waterdrop, Inc. ADR Class A company has been actively involved in philanthropic activities, focusing on assisting special hardship groups, rural revitalization, education aid, emergency relief, and other topics to improve societal issues. As of September 2025, the company's Waterdrop, Inc. ADR Class A platform has assisted 3.61 million critically ill patients, raised assistance funds of 71.2 billion RMB, and gained support from 485 million caring individuals; the Waterdrop, Inc. ADR Class A Charity Foundation's "Waterdrop, Inc. ADR Class A Rural Clinic" project has built 188 rural clinics, benefiting over 500,000 people; as of September 30, 2025, the Waterdrop, Inc. ADR Class A philanthropic platform has collaborated with 119 public charity organizations, launched over 15,500 public welfare projects, gathered support from over 73.57 million caring netizens, and raised over 1.383 billion RMB.
In recent years, Waterdrop, Inc. ADR Class A company has accelerated its international expansion, establishing offices in Hong Kong, Singapore, the United States, and forming a dual headquarters model of "Rooted in Beijing + Vision in the Greater Bay Area." Hong Kong, as an international financial hub, has become a key node for linking global markets for Waterdrop, Inc. ADR Class A, facilitating some of its overseas business modules. In 2023, Waterdrop, Inc. ADR Class A company established a licensed insurance brokerage company - Waterdrop, Inc. ADR Class A Financial, providing professional insurance brokerage and wealth planning services to individuals and corporate clients.
Going forward, Waterdrop, Inc. ADR Class A company will continue to uphold its original intentions, integrate its development into the country's strategic development, and contribute more to the high-quality and sustainable development of the economy and society through relentless ESG practices and transparent communication with partners.
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