Company: VSA
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001410578-25-001300
Chunk: 236

Company: VisionSys AI Inc
Filing Date: 2025-05-15
Form: 20-F
Item: Item 12
Chunk 236
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ITEM 12.DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES

A.   Debt Securities
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Not applicable.

B.   Warrants and Rights
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Not applicable.

C.   Other Securities
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Not applicable.

D.   American Depositary Shares
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Fees and Charges Our ADS holders May Have to Pay
Holders of our ADSs will be required to pay the following service fees to the depositary bank:

Service                                                                                                                         Fees                                                                                          
Issuance of ADSs                                                                                                            ​   Up to U.S. 5¢ per ADS issued                                                                  
Cancellation of ADSs                                                                                                        ​   Up to U.S. 5¢ per ADS canceled                                                                
Distribution of cash dividends or other cash distributions                                                                  ​   Up to U.S. 5¢ per ADS held                                                                    
Distribution of ADSs pursuant to stock dividends, free stock distributions or exercise rights to purchase additional ADSs   ​   Up to U.S. $ 5¢ per ADS held on applicable record dates(s) established by the Depositary.     
Distribution of securities other than ADSs or rights to purchase additional ADSs                                            ​   Up to U.S. 5¢ per ADS held                                                                    
Depositary Services                                                                                                         ​   Up to U.S. 50 per ADS held on the applicable record date(s) established by the depositary bank
​
Holders of our ADSs will also be responsible to pay certain fees and expenses incurred by the depositary bank and certain taxes and governmental charges such as:

●   fees for the transfer and registration of ordinary shares charged by the registrar and transfer agent for the ordinary shares in the Cayman Islands (i.e., upon deposit and withdrawal of ordinary shares);
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●   expenses incurred for converting foreign currency into U.S. dollars;
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●   expenses for cable, telex and fax transmissions and for delivery of securities;
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●   taxes and duties upon the transfer of securities (i.e., when ordinary shares are deposited or withdrawn from deposit); and
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●   fees and expenses incurred in connection with the delivery or servicing of ordinary shares on deposit.
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Depositary fees payable upon the issuance and cancellation of ADSs are typically paid to the depositary bank by the brokers (on behalf of their clients) receiving the newly issued ADSs from the depositary bank and by the brokers (on behalf of their clients) delivering the ADSs to the depositary bank for cancellation. The brokers in turn charge