Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 171

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 171
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b) | consolidate                                                                                       
 and divide all or any of our share capital into shares of larger amount than our existing shares; |

| (c) | subject to the Cayman Islands Companies Act, sub-divide our shares 
 or any of them into shares of smaller amounts than that fixed; 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 Cayman Islands 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 in any way.

Calls on Shares

Subject to the terms of allotment, the directors
may make calls on the shareholders in respect of any monies unpaid on their shares including any premium and each shareholder shall (subject
to receiving at least 14 clear days’ notice specifying when and where payment is to be made), pay to us the amount called on his
shares. Shareholders registered as the joint holders of a share shall be jointly and severally liable to pay all calls in respect of the
share. If a call remains unpaid after it has become due and payable the person from whom it is due and payable shall pay interest on the
amount unpaid from the day it became due and payable until it is paid at the rate fixed by the directors. The directors may, at their discretion, waive payment
of the interest wholly or in part.

We have a first and paramount lien on all shares
(whether fully paid up or not) registered in the name of a shareholder (whether solely or jointly with others). The lien is for all monies
payable to us by the shareholder or the shareholder’s estate:

| (a) | either alone or jointly with any other person, whether or not that other person is a shareholder; and |

| (b) | whether or not those monies are presently payable. |

At any time the directors may declare any share
to be wholly or partly exempt from the lien on shares provisions of the articles.

We may sell, in such manner as the directors may
determine, any share on which the sum in respect of which the lien exists is presently payable, if due notice that such sum is payable
has been given (as prescribed by the articles) and, within 14 days of the date on which the notice is deemed to be given under the articles,
such notice has not been complied