IDG China Capital Fund III Associates L.P.

Key Holdings

The sole remaining holding is WATERDROP INC: position value $10.83 million for 5.73 million shares, implying an average reported price of approximately $1.89 per share (10.83M / 5.73M). This position constitutes 100% of the filer’s reported portfolio value. No other 13F-reportable equities remain. Because the single holding comprises the entire portfolio, any performance of Waterdrop will drive the portfolio’s public-equity return and headline metrics going forward until additional holdings are reported.

Sector Allocation

The filing’s sector allocation is listed as “Unknown” for the entire $10.83 million, preventing a definitive sector-level interpretation from the 13F data alone. Given the absence of sector classification in the filing, sector risk cannot be reliably quantified here from the 13F data; all reported exposure is concentrated in the one “Unknown” bucket.