Company: RAYA
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001185185-25-001296
Chunk: 89

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-09-29
Form: 424B5
Chunk 89
---
daq Capital Market was $0.61. The applicable prospectus supplement will contain information, where applicable, as to other listings,
if any, on the Nasdaq Capital Market or other securities exchange of the securities covered by the prospectus supplement. We may experience
price volatility in our stock. See related risk factors in the “Risk Factors” section of this prospectus and as set forth
in our most recent annual report on Form 20-F.

Unless otherwise specified in an applicable prospectus
supplement, our share purchase contracts, share purchase units, warrants, debt securities, rights and units will not be listed on any
securities or stock exchange or on any automated dealer quotation system.

Investors are cautioned that you are
buying shares of a China-based operating company but instead are buying shares of a Cayman Islands holding company with operations conducted
by our subsidiaries based in China and that this structure involves unique risks to investors.

This is an offering of the Class A ordinary shares
of the Cayman Islands holding company. We conduct our business through the PRC subsidiaries. You will not and may never have direct ownership
in the operating entity based in China. We do not use a Variable Interest Entity (“VIE”) structure.

Throughout this prospectus, unless the context
indicates otherwise, references to “Erayak”, “we,” “us,” the “Company,” “our company”
refer to ERAYAK Power Solution Group Inc., a holding company. References to “Subsidiaries,” “Operating Subsidiaries,”
or “PRC subsidiaries” refer to the Erayak’s subsidiaries established under the laws of the People’s Republic of
China. References to “Group” are to Erayak and its consolidated subsidiaries collectively.

ERAYAK Power Solution Group Inc., or Erayak, is
a holding company incorporated in Cayman Islands. As a holding company with no material operations, Erayak conducts a substantial majority
of its operations through its subsidiaries established in the People’s Republic of China, or the PRC or China. Because of our corporate
structure as a Cayman Islands holding company with operations conducted by our PRC subsidiaries, it involves unique risks to investors.
Furthermore, Chinese regulatory authorities could change the rules and regulations regarding foreign ownership in the industry in which
the company operates, which would likely result in a material change in our operations and/or a material change in the value of the securities
we are registering for sale, including that it could cause the value of such securities