Blessings and controversy followed one after another. On April 17, Water Drop Company (hereinafter referred to as Water Drop) submitted a prospectus to the U.S. SEC and plans to list on the New York Stock Exchange under the stock code "WDH". Underwriters include Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch, and ABC and China Merchants Securities. , CITIC and other Chinese securities firms. Waterdrop, who is less than five years old, is expected to become the first insurtech platform for China's concept stocks to land on the NYSE. Controversy also followed. According to the prospectus, although Waterdrop's revenue has soared, in the past three years, the revenue was 238 million yuan, 1.511 billion yuan, and 3.028 billion yuan, but the net loss was also rising, respectively. 209 million yuan, 322 million yuan, and 664 million yuan. Based on this calculation, the accumulated losses in the three years have reached 1.2 billion yuan. Just like the precedents...