Company: RAYA
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001185185-25-001296
Chunk: 61

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-09-29
Form: 424B5
Chunk 61
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 do so, vote in person or by proxy at a general meeting of the
Company of which notice specifying the intention to propose the resolution as a Special Resolution has been duly given. Both ordinary
resolutions and special resolutions may also be passed by a unanimous written resolution signed by all the shareholders of our company,
as permitted by the Companies Act and our memorandum and articles of association. A special resolution will be required for important
matters such as a change of name or making changes to our memorandum and articles of association.

<div align='center'>S-26</div>

Variation of Rights of Shares

Whenever our capital is divided into different
classes of shares, the rights attaching to any class of share (unless otherwise provided by the terms of issue of the shares of that class)
may be varied either with the consent in writing of the holders of not less than two-thirds of the issued shares of that class, or with
the sanction of a special resolution passed at a separate general meeting of the holders of shares of that class.

The rights conferred upon the holders of the shares
of any class shall not, unless otherwise expressly provided by the terms of issue of the shares of that class, be deemed to be varied
by the creation or issue of further shares ranking pari passu therewith.

Alteration of Share Capital

Subject to the Companies Act, our shareholders
may, by ordinary resolution:

| (a) | increase the share capital by such sum, to be divided into shares of such amount, and with such rights, privileges, priorities and restrictions attached to them as the resolution shall prescribe; |

| (b) | consolidate and divide all or any of our share capital into shares of larger amount than our existing shares; |

| (c) | subject to the Companies Act, sub-divide our existing shares or any of them into shares of smaller amounts than that fixed by our memorandum and articles of association; and |

| (d) | cancel shares which, at the date of the passing of that ordinary resolution, have not been taken or agreed to be taken by any person. |

Subject to the Companies Act and to any rights
for the time being conferred on the shareholders holding a particular class of shares, our shareholders may, by special resolution, reduce
its share capital and any capital redemption reserve in any manner.

Calls on Shares

Subject to the terms of allotment, the directors
may make calls on the shareholders in respect of any moneys unpaid on their shares, whether in respect of their par value or the