Jin Rong Jie·2025-12-30 07:02Core Viewpoint - Waterdrop Inc. has demonstrated strong performance in Q3 2025, indicating a transition into a high-quality growth phase, supported by its AI strategy and shareholder return policies [1][2] Group 1: Financial Performance - In Q3 2025, Waterdrop achieved a net operating revenue of 975 million yuan, a significant year-on-year increase of 38.4% [1] - The company's net profit attributable to shareholders reached 158 million yuan, reflecting a year-on-year growth of 60.1%, with the net profit margin expanding from 14.1% to 16.3% [1] - Waterdrop has maintained profitability for 15 consecutive quarters, showcasing its consistent financial health [1] Group 2: AI Strategy and Efficiency - The dual acceleration in revenue and profit in Q3 validates the effectiveness of Waterdrop's AI strategy, with premium scale driven by the "AI Medical Insurance Expert" increasing by 82% quarter-on-quarter [2] - The introduction of the AI underwriting assistant "KEYI.AI" has reduced complex case processing time from minutes to seconds, achieving an accuracy rate of 99.8%, thereby enhancing risk control efficiency [2] - Waterdrop has launched the "Waterdrop Sea. AI" low-code platform, enabling employees to quickly build AI solutions, which lowers R&D and operational marginal costs, creating a comprehensive technological moat [2] Group 3: Management Insights - The CEO of Waterdrop emphasized that AI technology is the core driver for enhancing business quality and efficiency, leading to double-digit growth in revenue and profit [2] - The company aims to leverage technological advancements to integrate AI capabilities throughout its business operations, ensuring sustainable growth and long-term value for users, partners, and shareholders [2]