Company: VSA
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001410578-25-001300
Chunk: 194

Company: VisionSys AI Inc
Filing Date: 2025-05-15
Form: 20-F
Item: Item 6
Chunk 194
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. Memorandum and Articles of Association—Differences in Corporate Law” for additional information on our standard of corporate governance under Cayman Islands law.
Terms of Directors and Officers
Our officers are elected by and serve at the discretion of the board. We have entered into director service agreements with each of our independent directors featuring a term of office for two years. Our other directors are not subject to a term of office and hold office until such time as they resign or are removed from office by ordinary resolution of our shareholders. In addition, a director will cease to be a director if, among other things, the director (i) becomes bankrupt or makes any arrangement or composition with his creditors; (ii) dies or is found by our company to be of unsound mind; (iii) resigns his office by notice in writing to us; (iv) without special leave of absence from the board, is absent from meetings of the board for three consecutive meetings and the board resolves that his office be vacated; or (v) is removed from office pursuant to any other provision of our fifth amended and restated memorandum and articles of association.

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Board Diversity
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Board Diversity Matrix (As of February 28, 2025)                                                                       
Country of Principal Executive Offices:                    People’s Republic of China                                  
Foreign Private Issuer                                     Yes                                                         
Disclosure Prohibited Under Home Country Law               No                                                          
Total Number of Directors                                  7                                                           
​                                                          Female      Male        Non-Binary   Did Not Disclose Gender
Part I: Gender Identity                                                                                                
Directors                                                  2           5           N/A          N/A                    
Part II: Demographic Background                                                                                        
Underrepresented Individual in Home Country Jurisdiction   1                                                           
LGBTQ+                                                     0                                                           
​
D.Employees
Our headquarters is located in Beijing, where our instructors, software engineers and certain general and administrative staff are based. We have divided our national network of learning centers into three regions, namely, northern region, southern region, and central and western region, and we have regional offices that are responsible for managing the daily operations of learning centers located within each territory.
We had a total of 7,955, 7,024 and 4,142 employees as of December 31, 2022, 2023 and 2024, respectively. The following table sets forth the number of our employees, categorized by function, as of December 31, 2024:

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Functions