Company: VSA
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001213900-25-109735
Chunk: 56

Company: VisionSys AI Inc
Filing Date: 2025-11-13
Form: 424B5
Chunk 56
---
 a timely basis, if at all, our business operations, financial
condition and business prospects may be adversely and materially affected.

<div align='center'>S-31</div>

In addition, we cannot assure you that any new
rules or regulations promulgated in the future will not impose additional requirements on us. If it is determined in the future that approval
and filing from the CSRC or other regulatory authorities or other procedures, including the cybersecurity review under the Cybersecurity Review Measures is required for our offshore offerings, it is uncertain whether we can or how long it will take us to obtain such
approval or complete such filing procedures and any such approval or filing could be rescinded or rejected. Any failure to obtain or delay
in obtaining such approval or completing such filing procedures for our offshore offerings, or a rescission of any such approval or filing
if obtained by us, would subject us to sanctions by the CSRC or other PRC regulatory authorities for failure to seek CSRC approval or
filing or other government authorization for our offshore offerings. These regulatory authorities may impose fines and penalties on our
operations in mainland China, limit our ability to pay dividends outside mainland China, limit our operating privileges in mainland China,
delay or restrict the repatriation of the proceeds from our offshore offerings into mainland China or take other actions that could materially
and adversely affect our business, financial condition, results of operations, and prospects, as well as the trading price of our listed
securities. The CSRC or other PRC regulatory authorities may also take actions requiring us, or making it advisable for us, to halt our
offshore offerings before settlement and delivery of the shares offered. Consequently, if investors engage in market trading or other
activities in anticipation of and prior to settlement and delivery, they do so at the risk that settlement and delivery may not occur.
In addition, if the CSRC or other regulatory authorities later promulgate new rules or explanations requiring that we obtain their approvals
or accomplish the required filing or other regulatory procedures for our prior offshore offerings, we may be unable to obtain a waiver
of such approval requirements, if and when procedures are established to obtain such a waiver. Any uncertainties or negative publicity
regarding such approval requirement could materially and adversely affect our business, prospects, financial condition, reputation, and
the trading price of our listed securities.

Regulations establish complex approval procedures for some acquisitions of mainland China companies by foreign investors, which could make it more difficult for us to pursue growth through acquisitions in China.