BEIJING, April 29, 2024 /PRNewswire/ -- On April 25, 2024, Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, released its annual report on Form 20-F for the fiscal year ending December 31, 2023. For 2023, the Company recorded a net operating revenue of RMB 2.63 billion and a net profit of RMB 167 million, respectively. As of December 31, 2023, Waterdrop had combined cash and cash equivalents and short-term investments of RMB 3.393 billion, with an operating cash flow of approximately RMB 407 million. Since the first quarter of 2022, the Company has achieved profitability for eight consecutive quarters. The annual report provides a more detailed disclosure of Waterdrop's operations in 2023. In 2023, the Company continued to carry out its share repurchase program. And in the first quarter of 2024, Waterdrop collectively repurchased approximately 41.27 million shares of American Depositary Shares (ADS) from the public market. In March 2024, our board of directors also approved a special cash dividend of approximately US$15 million. For 2023, Waterdrop Insurance Marketplace, our insurance segment, reported a first-year premiums (FYP) of RMB 7.109 billion. Total revenue for the ...