Shen Peng Awarded Charitable Entrepreneur of For Good Awards 2022

BEIJING, Dec. 19, 2022 /PRNewswire/ — The annual conference of For Excellent Awards of China Social Company and Impression Financial commitment Forum declared the winners of For Excellent Awards 2022. Mr. Peng Shen, Founder and CEO of Waterdrop, was awarded a person of the Top rated 10 Charitable Business people of For Good Awards 2022.

For Excellent Awards 2022 is sponsored by Xiangguang Future, co-sponsored by Caixin World and Cyzone, and organized by Shanda960.com as an once-a-year general public welfare award oriented to Chinese social enterprises, influential investment decision establishments, charitable professional enterprises, charitable academic scientists, and marketplace promoters. It is the fifth session of the award this year.

Mr. Peng Shen led the company to create the “Insurance policies + Health care” model. By way of the business enterprise mix of Waterdrop Insurance coverage Market, Waterdrop Health care Crowdfunding, and E-Discover Individual recruitment, the company set up a healthcare ecosystem for billions of buyers, performed a complementary function in the building of a multi-tiered medical-insurance coverage process, and contributed to fixing the difficulty of poverty mainly because of disease.

As of September 30, 2022, extra than 2.69 million people with significant sickness lifted about RMB55.4 billion of clinical resources by way of Waterdrop Medical Crowdfunding, and about 420 million people participated in donations, reflecting the principle of mutual assist and loving care.

Founded by Waterdrop, Waterdrop Charity is just one of the World-wide-web general public fundraising facts platforms specified by the Ministry of Civil Affairs of China and presents detailed support for charitable companies. Particularly, it has worked with extra than 100 publicly presented foundations and launched 14,500 charity campaigns focusing on significant health issues aid, scholarship, poverty alleviation, and catastrophe aid., boosting in excess of RMB1 billion for charitable businesses.

As a person of the Charitable Entrepreneurs of For Fantastic Awards 2022, Peng Shen stated that this honor is a recognition for himself and an affirmation for Waterdrop. With the authentic intention of developing technology for the very good, the social company hopes to deliver insurance policy and health care services to billions through technological know-how and enable its end users to take pleasure in greater diagnosis and treatment method with reduced expenditures. Over the previous 6 many years, all of Waterdrop’s staff have created ongoing attempts in this path. In the potential, we hope to perform with a lot more like-minded associates to make our planet greater.

About Waterdrop Inc.

Waterdrop Inc. (NYSE: WDH) is a foremost technology platform committed to insurance policy and health care services with a beneficial social impact. Launched in 2016, with the thorough coverage of Waterdrop Insurance plan Market and Waterdrop Professional medical Crowdfunding, Waterdrop aims to provide insurance policy and health care provider to billions by way of technologies. For far more facts, be sure to stop by www.waterdrop-inc.com.

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Resource Waterdrop Inc.