Company: VSA
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001213900-25-109735
Chunk: 148

Company: VisionSys AI Inc
Filing Date: 2025-11-13
Form: 424B5
Chunk 148
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 share shall be the same as it was in case of the share from which the reduced share is derived; or                                          |

| ● | cancel any shares which, at the date of the passing of the                                                                            
 resolution, have not been taken or agreed to be taken by any person and diminish the amount of our share capital by the amount of the 
 shares so canceled.                                                                                                                   |

Our shareholders may by special resolution, subject to confirmation
by the Grand Court of the Cayman Islands on an application by our company for an order confirming such reduction, reduce our share capital
or any capital redemption reserve in any manner permitted by law.

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American Depositary Shares

Citibank, N.A., as depositary will issue our ADSs.
Each ADS will represent an ownership interest in five Class A ordinary share which we will deposit with the custodian, as agent of
the depositary, under the deposit agreement among ourselves, the depositary and ADS holders. In the future, each ADS will also represent
any securities, cash or other property deposited with the depositary but which they have not distributed directly to ADS holders. Unless
certificated ADRs are specifically requested by the holder, all ADSs will be issued on the books of our depositary in book-entry form
and periodic statements will be mailed to such holders which reflect their ownership interest in such ADSs. In our description, references
to American depositary receipts or ADRs shall include the statements a holder of ADSs will receive which reflect ownership of a holder’s
ADSs.

The depositary’s office is located at 388 Greenwich Street, New York,
New York 10005. The depositary has appointed Citibank, N.A. Hong Kong branch as custodian of the securities, cash and other
property represented by the ADSs.

ADSs may be held either directly or indirectly through a broker or
other financial institution. If ADSs are held directly, by having an ADS registered in the name of the holder on the books of the depositary,
then such holder is an ADR holder. If ADSs are held through a broker or financial institution nominee, such holder must rely on the procedures
of such broker or financial institution to assert the rights of an ADS holder described in this section.

ADS holders are not treated as a shareholder of the Company and will
not have any shareholder rights. Cayman Islands law governs shareholder rights. Because the depositary or its nominee will be the shareholder