Company: VSA
Filing Date: 2025-09-19
Form Type: 424B3
Source: 0001193805-25-001308
Chunk: 27

Company: VisionSys AI Inc
Filing Date: 2025-09-19
Form: 424B3
Chunk 27
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 which no timely voting instructions are received by the Depositary
from the Holder shall not be voted (except (i) in the case voting at the shareholders meeting is by show of hands, in which case the Depositary
will instruct the Custodian to vote all Deposited Securities in accordance with the voting instructions received from a majority of Holders
of ADSs who provided voting instructions and (ii) as contemplated in Section 4.10 of the Deposit Agreement). Notwithstanding anything
else contained herein, the Depositary shall, if so requested in writing by the Company, represent all Deposited Securities (whether or
not voting instructions have been received in respect of such Deposited Securities from Holders as of the ADS Record Date) for the sole
purpose of establishing quorum at a meeting of shareholders.

<div align='center'>A-19</div>

Notwithstanding anything else contained in the Deposit
Agreement or this ADR, the Depositary shall not have any obligation to take any action with respect to any meeting, or solicitation of
consents or proxies, of holders of Deposited Securities if the taking of such action would violate U.S. laws. The Company agrees to take
any and all actions reasonably necessary and as permitted by Cayman Islands law to enable Holders and Beneficial Owners to exercise the
voting rights accruing to the Deposited Securities and to deliver to the Depositary an opinion of U.S. counsel addressing any actions
requested to be taken if so requested by the Depositary. There can be no assurance that Holders generally or any Holder in particular
will receive the notice described above with sufficient time to enable the Holder to return voting instructions to the Depositary in a
timely manner.

(19) Changes Affecting Deposited Securities. Upon any change in nominal or par value, split-up, cancellation, consolidation
or any other reclassification of Deposited Securities, or upon any recapitalization, reorganization, merger, consolidation or sale of
assets affecting the Company or to which it is a party, any property which shall be received by the Depositary or the Custodian in exchange
for, or in conversion of, or replacement of, or otherwise in respect of, such Deposited Securities shall, to the extent permitted by law,
be treated as new Deposited Property under the Deposit Agreement, and this ADR shall, subject to the provisions of the Deposit Agreement,
this ADR evidencing such ADSs and applicable law, represent the right to receive such additional or