Company: VSA
Filing Date: 2025-09-19
Form Type: 424B3
Source: 0001193805-25-001308
Chunk: 30

Company: VisionSys AI Inc
Filing Date: 2025-09-19
Form: 424B3
Chunk 30
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 liability under the Securities Act is intended by any provision of the Deposit Agreement or this ADR.

(21) Standard of Care. The Company and the Depositary assume no obligation and shall not be subject to any liability under
the Deposit Agreement or this ADR to any Holder(s) or Beneficial Owner(s), except that the Company and the Depositary agree to perform
their respective obligations specifically set forth in the Deposit Agreement or this ADR without negligence or bad faith. Without limitation
of the foregoing, neither the Depositary, nor the Company, nor any of their respective controlling persons, or agents, shall be under
any obligation to appear in, prosecute or defend any action, suit or other proceeding in respect of any Deposited Property or in respect
of the ADSs, which in its opinion may involve it in expense or liability, unless indemnity satisfactory to it against all expense (including
fees and disbursements of counsel) and liability be furnished as often as may be required (and no Custodian shall be under any obligation
whatsoever with respect to such proceedings, the responsibility of the Custodian being solely to the Depositary).

<div align='center'>A-21</div>

The Depositary and its agents shall not be liable
for any failure to carry out any instructions to vote any of the Deposited Securities, or for the manner in which any vote is cast or
the effect of any vote, provided that any such action or omission is in good faith and in accordance with the terms of the Deposit Agreement.
The Depositary shall not incur any liability for any failure to determine that any distribution or action may be lawful or practicable,
for the content of any information submitted to it by the Company for distribution to the Holders or for any inaccuracy of any translation
thereof, for any investment risk associated with acquiring an interest in the Deposited Property, for the validity or worth of the Deposited
Securities or for any tax consequences that may result from the ownership of ADSs, Shares or other Deposited Property, for the credit-worthiness
of any third party, for allowing any rights to lapse upon the terms of the Deposit Agreement, for the failure or timeliness of any notice
from the Company, or for any action of or failure to act by, or any information provided or not provided by, DTC or any DTC Participant.

The Depositary shall not be liable for any acts or
omissions made by a successor depositary whether in connection with a previous act or