BEIJING, March 17,
2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the
"Company" or "we") (NYSE: WDH), a leading technology platform
dedicated to insurance and healthcare service with a positive
social impact, today announced the appointment of Mr. Wei Ran as a new director to its board of
directors (the "Board") and the resignation of Mr. Yao Hu from the Board, effective March 17, 2023. After the change, the Board will
consist of nine members, three of whom are independent directors.
Mr. Hu's resignation does not involve any disagreement with the
Company with regard to its business, finance, accounting or any
other affairs.
Concurrently with the Board change, the Company brings in new
members to, and refines roles and responsibilities within, the
leadership team. Mr. Wei Ran was
appointed to serve as the general manager of the insurance
technology business while Mr. Guang
Yang serves as vice president of finance and general manager
of international business of the Company. Mr. Yao Hu will cease to serve as the general
manager of the crowdfunding and healthcare business of the Company
and will focus on the Company's strategy and investments in the
healthcare field. Meanwhile, Mr. Zetao Zhu was appointed as the
general manager of crowdfunding and pharmatech business of the
Company.
Mr. Wei Ran joined the Company in
June 2016 as head of strategy and
business analysis and was responsible for establishing the
Company's strategy and business analysis system and exploring new
business initiatives. Before joining the Company, he worked as
senior strategy analyst at Meituan Waimai, the food and grocery
delivery business of Meituan (HKSE: 3690), from July 2015 to June
2016, where he was responsible for strategy and business
analysis. Prior to that, he worked at Accenture Consulting, which
provides consulting services to various enterprise clients, as a
strategic consultant from July 2013
to June 2015, and participated in a
number of digitalization projects for large and medium-sized
enterprises in the energy and financial industries. Mr. Ran
obtained a bachelor's degree in Economics from Shanghai Jiaotong
University in June 2009, and a
master's degree in Software Engineering from Peking University in
June 2013.
Mr.Zetao Zhu joined the company in
April 2022. Prior to joining
us, Mr. Zhu worked as General Manager of China Region at DiDi
Global Inc. from March 2016 to
April 2022, where he was responsible
for the regional strategy, operation, marketing, public
relationship, finance and customer services. Prior to that, he
worked as director and head of digital transformation of
China region at Capgemini
Consulting from April 2014 to
February 2016. From July 2005 to March
2014, Mr. Zhu worked at IBM consulting with his last
position as senior consultant manager, mainly focusing on
application innovation. Mr. Zhu obtained a bachelor's degree in
scientific calculation and computer application from Sun Yat-Sen
University in June 2003 and a
master's degree in computer science from Sun Yat-Sen University in
June 2005.
Mr. Peng Shen, the Company's
founder, chairman and chief executive officer, on behalf of the
Board and management, said, "During his tenure as a director and as
general manager of the crowdfunding and healthcare business of the
Company, Mr. Yao Hu has demonstrated
his loyalty, diligence and dedication in performing his duties. The
Company and the Board believe that Mr. Yao
Hu will continue to help the Company innovate and succeed in
his new role focusing on the Company's strategy and investments in
the healthcare field.
The Board would like to take this opportunity to welcome Mr.
Wei Ran for joining the Board. The
Company firmly believes that Mr. Wei
Ran and Mr. Zetao Zhu will continue to contribute to the
success of the Company in their new roles with their sound talents,
expertise and experience."
About Waterdrop Inc.
Waterdrop Inc. (NYSE: WDH) is a leading technology platform
dedicated to insurance and healthcare service with a positive
social impact. Founded in 2016, with the comprehensive coverage of
Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding,
Waterdrop aims to bring insurance and healthcare service to
billions through technology. For more information, please visit
www.waterdrop-inc.com.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking" statements pursuant to the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "aims,"
"future," "intends," "plans," "believes," "estimates," "likely to,"
and similar statements. Statements that are not historical facts,
including statements about Waterdrop's beliefs, plans, and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. Further
information regarding these and other risks is included in
Waterdrop's filings with the SEC. All information provided in this
press release is as of the date of this press release, and
Waterdrop does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
For investor inquiries, please contact:
Waterdrop Inc.
Ruichen Chen
IR@shuidi-inc.com
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SOURCE Waterdrop Inc.