Company: VSA
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001213900-25-109735
Chunk: 169

Company: VisionSys AI Inc
Filing Date: 2025-11-13
Form: 424B5
Chunk 169
---
 represented 
 by American Depositary Preferred Shares;                      |

| ● | a discussion of any material or special Cayman Islands or United             
 States federal income tax considerations applicable to the preferred shares; |

| ● | any limitations on issuances of any class or series of preferred                                                                           
 shares ranking senior to or on a parity with the series of preferred shares being issued as to dividend rights and rights if we liquidate, 
 dissolve or wind up our affairs;                                                                                                           |

| ● | any rights attached to the preferred shares regarding the corporate                                            
 governance of our company, which may include, for example representation rights to the board of directors; and |

| ● | any other specific terms, rights, preferences, privileges, qualifications 
 or restrictions of the preferred shares.                                  |

Our board of directors may cause the Company to issue from time to
time, out of the authorized share capital of the Company (other than the authorized but unissued ordinary shares), series of preferred
shares in their absolute discretion, subject to a re-classification of the authorized share capital of the Company to be approved by the
shareholders and provided that before any preferred shares of any such series are issued, our board of directors shall by resolution of
directors determine, with respect to any series of preferred shares, the terms and rights of that series.

When we issue preferred shares under this prospectus and the applicable
prospectus supplement, the shares will be fully paid and non-assessable and will not have, or be subject to, any preemptive or similar
rights.

The issuance of preferred shares could adversely affect the voting
power of holders of Class A ordinary shares and ADSs and reduce the likelihood that holders of ordinary shares and ADSs will receive
dividend payments and payments upon liquidation. The issuance could have the effect of decreasing the market price of our ADSs. The issuance
of preferred shares also could have the effect of delaying, deterring or preventing a change in control of our company.

<div align='center'>29</div>

Debt Securities

We may issue series of debt securities, which may
include debt securities exchangeable for or convertible into ADSs or Class A ordinary shares. The following is a summary of some
general terms of the debt securities that we may offer by this prospectus and any applicable prospectus supplement. Because it is a summary,
it does not contain all of the information that may be important to you. If you want more information, you should read the forms of indentures
which we will file in