Company: VSA
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001213900-25-109735
Chunk: 163

Company: VisionSys AI Inc
Filing Date: 2025-11-13
Form: 424B5
Chunk 163
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| ● | the depositary takes any action or refrains from taking any                                                                                    
 action in reliance upon the advice of or information from legal counsel, accountants, any person presenting shares for deposit, any registered 
 holder of ADRs, or any other person believed by it to be competent to give such advice or information; or                                      |

| ● | the depositary relies upon any written notice, request, direction,                                                               
 instruction or document believed by it to be genuine and to have been signed, presented or given by the proper party or parties. |

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Neither the depositary nor its agents have any obligation to appear
in, prosecute or defend any action, suit or other proceeding in respect of any deposited securities or the ADSs. We and our agents shall
only be obligated to appear in, prosecute or defend any action, suit or other proceeding in respect of any deposited securities or the
ADSs, which in our opinion may involve us in expense or liability, if indemnity satisfactory to us against all expense (including fees
and disbursements of counsel) and liability is furnished as often as may be required. The depositary and its agents may fully respond
to any and all demands or requests for information maintained by or on its behalf in connection with the deposit agreement, any registered
holder or holders of ADSs, any ADSs or otherwise related to the deposit agreement or ADRs to the extent such information is requested
or required by or pursuant to any lawful authority, including without limitation laws, rules, regulations, administrative or judicial
process, banking, securities or other regulators. The depositary shall not be liable for the acts or omissions made by, or the insolvency
of, any securities depository, clearing agency or settlement system. Furthermore, the depositary shall not be responsible for, and shall
incur no liability in connection with or arising from, the insolvency of any custodian that is not a branch or affiliate of Citibank,
N.A. The depositary and the custodian(s) may use third party delivery services and providers of information regarding matters such as
pricing, proxy voting, corporate actions, class action litigation and other services in connection with the ADRs and the deposit agreement,
and use local agents to provide extraordinary services such as attendance at annual meetings of issuers of securities. Although the depositary
and the custodian will use reasonable care (and cause their agents to use reasonable care) in the selection and retention of