SCHEDULE 13G/A

WATERDROP INC

Class A Ordinary Shares, par value US$0.000005 per share · CUSIP: 94132V105

Event date: 2025-12-31

Reporting persons may disclose overlapping interests. Their amounts are shown individually and are not added into a filing total.

Filing-level shares

Unavailable

Percent of class

Unavailable

• Gaorong Technology Consulting Limited

  Shares: 74,814,973.00 · Class: 2.66%

• Suzhou Industry Park Gaorong Growth Investment Center (Limited Partnership)

  Shares: 74,814,973.00 · Class: 2.66%

• Xizang Gaorong Capital Management Co., Ltd.

  Shares: 74,814,973.00 · Class: 2.66%

• Beijing Gaorong Capital Management Consulting Co., Ltd.

  Shares: 74,814,973.00 · Class: 2.66%

• Gaorong Group Holdings Limited

  Shares: 57,368,488.00 · Class: 2.04%

• Banyan Partners Fund III, L.P.

  Shares: 79,807,311.00 · Class: 2.84%

• Banyan Partners Fund III-A, L.P.

  Shares: 1,435,546.00 · Class: 0.05%

• Banyan Partners III Ltd.

  Shares: 81,242,857.00 · Class: 2.89%

Amounts are as disclosed in this filing. Schedule type alone does not establish investment intent.