Company: VSA
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001410578-25-001300
Chunk: 161

Company: VisionSys AI Inc
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 161
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 the risks related to our contractual arrangements, please see “Item 3. Key Information-D. Risk Factors-Risks Related to Our Corporate Structure.”

D.   Property, Plants and Equipment
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Our headquarters is located in Beijing, China. Upon the consummation of the Divestiture, our principal executive offices in Beijing comprise of 3,710.9 square meters and accommodate certain of our management, general and administrative and research and development activities as of December 31, 2024. We also had 13,054.3 square meters in leased classroom space in Beijing as of December 31, 2024.
In addition to our principal executive offices in Beijing, we maintain a number of offices, classrooms and student dormitories with an aggregate of 119,636 square meters in 53 cities in mainland China as of December 31, 2024. For our leased facilities, we leased them from unrelated third parties. Our lease terms range from six months to ten years. 
We believe that the facilities that we currently own or lease are adequate to meet our needs for the foreseeable future, and we believe that we will be able to obtain adequate facilities, principally through leasing of additional properties, to accommodate our future expansion plans.
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ITEM 4.A.UNRESOLVED STAFF COMMENTS
Not Applicable.
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