<SEC-DOCUMENT>0001104659-25-117944.txt : 20251203
<SEC-HEADER>0001104659-25-117944.hdr.sgml : 20251203
<ACCEPTANCE-DATETIME>20251203071231
ACCESSION NUMBER:		0001104659-25-117944
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251203
FILED AS OF DATE:		20251203
DATE AS OF CHANGE:		20251203

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Waterdrop Inc.
		CENTRAL INDEX KEY:			0001823986
		STANDARD INDUSTRIAL CLASSIFICATION:	INSURANCE AGENTS BROKERS & SERVICES [6411]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40376
		FILM NUMBER:		251544985

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		BLOCK C, WANGJING SCIENCE PARK
		STREET 2:		NO. 2 LIZE ZHONGER ROAD, CHAOYANG
		CITY:			BEIJING
		PROVINCE COUNTRY:   	F4
		ZIP:			100102
		BUSINESS PHONE:		861053394997

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		BLOCK C, WANGJING SCIENCE PARK
		STREET 2:		NO. 2 LIZE ZHONGER ROAD, CHAOYANG
		CITY:			BEIJING
		PROVINCE COUNTRY:   	F4
		ZIP:			100102
</SEC-HEADER>
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<TYPE>6-K
<SEQUENCE>1
<FILENAME>tm2532559d1_6k.htm
<DESCRIPTION>FORM 6-K
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<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Form&nbsp;6-K</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE<BR>
13a-16 OR 15d-16 UNDER<BR>
THE SECURITIES EXCHANGE ACT OF 1934</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the month of December&nbsp;2025</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Commission File Number 001-40376</B></P>

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<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Waterdrop Inc.&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Translation of registrant&rsquo;s name into English)</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>No.&nbsp;203 Wangjing Lize Zhongyuan Zone 2&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Chaoyang District, Beijing&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>People&rsquo;s Republic of China&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive office)</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate
by check mark whether the registrant files or will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F.&nbsp;Form&nbsp;20-F&nbsp;</FONT><FONT STYLE="font-family: Wingdings">&#120;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;Form&nbsp;40-F&nbsp;</FONT><FONT STYLE="font-family: Wingdings; color: Black">&#168;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Certain Board and Management Composition Changes</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This current report on Form&nbsp;6-K was filed in connection with certain
board and management composition changes of Waterdrop Inc. (the &ldquo;Company&rdquo; or &ldquo;Waterdrop&rdquo;). Mr.&nbsp;Guang Yang
tendered his resignation to the board of directors of the Company (the &ldquo;Board&rdquo;) as the director, vice president of finance
and general manager of international business of the Company due to personal reasons, effective December&nbsp;2, 2025. Mr.&nbsp;Yang&rsquo;s
resignation does not involve any disagreement with the Company with regard to its business, finance, accounting or any other affairs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ms.&nbsp;Xiaolei Sun, vice president of human resources and organization
development of the Company, has been appointed as a new director to the Board. Concurrently with the change in Board composition, Ms.&nbsp;Jieru
Li, Board secretary and head of strategy and capital markets of the Company, has been appointed as vice president of finance and to oversee
and be responsible for the accounting, financial and internal control matters of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ms.&nbsp;Jieru Li joined Waterdrop in 2021 as strategy director and
has served as the Board secretary and head of strategy and capital markets since February&nbsp;2024. Before joining the Company, Ms.&nbsp;Li
served as investment associate director at China Life Private Equity from July&nbsp;2019 to March&nbsp;2021 and served as strategic investment
director at KE Holdings Inc. (NYSE: BEKE and HKEX: 02423) from April&nbsp;2017 to June&nbsp;2019. Prior to that, Ms.&nbsp;Li worked at
Bain&nbsp;&amp; Company from September&nbsp;2010 to December&nbsp;2013 and from October&nbsp;2015 to April&nbsp;2017. Ms.&nbsp;Li obtained
her bachelor&rsquo;s degree in finance from School of Economics and Management in Tsinghua University in July&nbsp;2010 and MBA degree
from Columbia Business School in May&nbsp;2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr.&nbsp;Peng Shen, the Company&rsquo;s founder, chairman and chief
executive officer, on behalf of the Board and management, expresses his sincere appreciation for Mr.&nbsp;Yang&rsquo;s dedicated service
and significant contributions to the Company and extends his best wishes to him for the future. The Board also welcomes Ms.&nbsp;Sun as
a director and Ms.&nbsp;Li as vice president of finance and is confident that they will add meaningful value in their new capacities.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Waterdrop Inc.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif">By:</FONT></TD>
    <TD STYLE="width: 45%; border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">/s/ Xiaoying Xu</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Name:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Xiaoying Xu</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Head of Finance</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Date: December&nbsp;3, 2025</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
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