Company: VSA
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001213900-25-109735
Chunk: 48

Company: VisionSys AI Inc
Filing Date: 2025-11-13
Form: 424B5
Chunk 48
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 we have filed audit reports issued by a registered public accounting firm that has not been subject
to inspections by the PCAOB for two consecutive years, the SEC will prohibit our shares or the ADSs from being traded on a national securities
exchange or in the over-the-counter trading market in the United States. On December 16, 2021, the PCAOB issued a report to notify the
SEC of its determination that the PCAOB was unable to inspect or investigate completely registered public accounting firms headquartered
in mainland China and Hong Kong. On December 15, 2022, the PCAOB removed mainland China and Hong Kong from the list of jurisdictions where
it is unable to inspect or investigate completely registered public accounting firms.

Our current auditor, Assentsure PAC, the independent
registered public accounting firm that issues the audit report included elsewhere in this prospect supplement, as an auditor of companies
that are traded publicly in the United States and a firm registered with the PCAOB, is subject to laws in the United States pursuant to
which the PCAOB conducts regular inspections to assess its compliance with the applicable professional standards. Assentsure PAC, whose
audit report is included in this prospect supplement, is headquartered in New York, New York, and was not included in the list of PCAOB
Identified Firms in the PCAOB Determination Report issued in December 2021.

Our ability to retain an auditor subject to PCAOB
inspection and investigation, including but not limited to inspection of the audit working papers related to us, may depend on the relevant
positions of U.S. and Chinese regulators. Assentsure PAC’s audit working papers related to us are located in mainland China. With
respect to audits of companies with operations in mainland China, such as us, there are uncertainties about the ability of our auditor
to fully cooperate with a request by the PCAOB for audit working papers in mainland China without the approval of Chinese authorities.
Each year, the PCAOB will determine whether it can inspect and investigate completely audit firms in mainland China and Hong Kong, among
other jurisdictions. Whether the PCAOB will be able to conduct inspections of our auditor, including but not limited to inspection of
the audit working papers related to us, in the future is subject to substantial uncertainty and depends on a number of factors out of
our, and our auditor’s, control. If the PCAOB determines in the future that it no longer has full access to inspect and investigate
completely the auditors we retain to issue an audit report on our