Company: VSA
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001410578-25-001300
Chunk: 192

Company: VisionSys AI Inc
Filing Date: 2025-05-15
Form: 20-F
Item: Item 6
Chunk 192
---
 are described below.
Audit Committee. Our audit committee consists of Mr. He Huang, Ms. Linjing Xu and Mr. Zhe Sun, chaired by Mr. He Huang. Each member of our audit committee satisfies the “independence” requirements of Rule 5605(c)(2) of the NASDAQ Stock Market Rules and meets the independence standards under Rule 10A-3 under the Securities Exchange Act of 1934, as amended, or the Exchange Act. We have determined that Mr. He Huang qualifies as an “audit committee financial expert.” The audit committee oversees our accounting and financial reporting processes and the audits of the financial statements of our company. The audit committee is responsible for, among other things:

●   selecting the independent registered public accounting firm and pre-approving all auditing and non-auditing services permitted to be performed by the independent registered public accounting firm;
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

●   reviewing with the independent registered public accounting firm any audit problems or difficulties and management’s response;
----------------------------------------------------------------------------------------------------------------------------------

●   reviewing and approving all proposed related party transactions, as defined in Item 404 of Regulation S-K under the Securities Act;
---------------------------------------------------------------------------------------------------------------------------------------

●   discussing the annual audited financial statements with management and the independent registered public accounting firm;
-----------------------------------------------------------------------------------------------------------------------------

●   reviewing major issues as to the adequacy of our internal controls and any special audit steps adopted in light of material control deficiencies;
-----------------------------------------------------------------------------------------------------------------------------------------------------

●   reviewing and reassessing annually the adequacy of our audit committee charter;
-----------------------------------------------------------------------------------

●   meeting separately and periodically with management and the independent registered public accounting firm;
--------------------------------------------------------------------------------------------------------------

●   monitoring compliance with our code of business conduct and ethics, including reviewing the adequacy and effectiveness of our procedures to ensure proper compliance; and
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

●   reporting regularly to the board.
-------------------------------------
Compensation Committee. Our compensation committee consists of Ms. Linjing Xu, Mr. Zhe Sun and Mr. He Huang, chaired by Ms. Linjing Xu. Each member of our compensation committee satisfies the “independence” requirements of Rule 5605(c)(2) of the NASDAQ Stock Market Rules. The compensation committee assists the board in reviewing and approving the compensation structure, including all forms of compensation, relating to our directors and executive officers. Our chief executive officer may not be present at any committee meeting during which their compensation is deliberated upon. The compensation committee is responsible for, among other things:

●   reviewing and approving, or recommending to the board for its approval, the compensation for our