Company: VSA
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001213900-25-109735
Chunk: 147

Company: VisionSys AI Inc
Filing Date: 2025-11-13
Form: 424B5
Chunk 147
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 Issue Shares. Under
our Memorandum and Articles, our board of directors are authorized to issue additional Class A ordinary shares from time to time
as our board of directors shall determine, to the extent of available authorized but unissued shares.

Exempted Company. The Companies Act in the
Cayman Islands distinguishes between ordinary resident companies and exempted companies. Any company that is registered in the Cayman
Islands but conducts business mainly outside of the Cayman Islands may apply to be registered as an exempted company. The requirements
for an exempted company are essentially the same as for an ordinary company except for the exemptions and privileges listed below:

| ● | an exempted company does not have to file an annual return 
 of its shareholders with the Registrar of Companies;       |

| ● | an exempted company’s register of members is not required to be open to inspection; |

| ● | an exempted company does not have to hold an annual general 
 meeting;                                                    |

| ● | an exempted company may issue no par value shares; |

| ● | an exempted company may obtain an undertaking against the                                                   
 imposition of any future taxation (such undertakings are usually given for 20 years in the first instance); |

| ● | an exempted company may register by way of continuation in      
 another jurisdiction and be deregistered in the Cayman Islands; |

| ● | an exempted company may register as a limited duration company; 
 and                                                             |

| ● | an exempted company may register as a segregated portfolio 
 company.                                                   |

“Limited liability” means that the liability
of each shareholder is limited to the amount unpaid by the shareholder on that shareholder’s shares of the company (except in exceptional
circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances
in which a court may be prepared to pierce or lift the corporate veil).

Changes in Capital

Our shareholders may from time to time by ordinary resolution:

| ● | increase our share capital by such sum, to be divided into            
 shares of such classes and amount, as the resolution shall prescribe; |

| ● | consolidate and divide all or any of our share capital into 
 shares of a larger amount than our existing shares;         |

| ● | sub-divide our existing shares, or any of them into shares                                                                                  
 of a smaller amount, provided that in the subdivision the proportion between the amount paid and the amount, if any, unpaid on each reduced