Company: RAYA
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001185185-25-001296
Chunk: 213

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-09-29
Form: 424B5
Chunk 213
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 accordance with the relevant laws.
Those judgments or rulings that violate the basic principles of the laws of the People’s Republic of China or the sovereignty, security
and public interests of the country will not be recognized and implemented.

If an award made by a foreign arbitration institution
requires recognition and enforcement by the people’s court of the People’s Republic of China, the party concerned shall directly
apply to the intermediate people’s court in the place where the person subjected to enforcement has his domicile or where his property
is located. The people’s court shall handle the matter in accordance with international treaties concluded or acceded to by the
People’s Republic of China or in accordance with the principle of reciprocity.

PRC courts may recognize and enforce foreign judgments
in accordance with the requirements of the PRC Civil Procedure Law based either on treaties between China and the country where the judgment
is made or on reciprocity between different jurisdictions, and PRC courts will not recognize or enforce these foreign judgments if PRC
courts believe the foreign judgments violate the basic principles of PRC laws or national sovereignty, security or public interest after
review.

We have been advised by our counsel as to Cayman
Islands law, that although there is no statutory enforcement in the Cayman Islands of judgments obtained in the federal or state courts
of the United States (and the Cayman Islands are not a party to any treaties for the reciprocal enforcement or recognition of such
judgments), the Grand Court of the Cayman Islands will at common law enforce final and conclusive in personam judgments of state
and/or federal courts of the United States of America, or the “Foreign Court”, of a debt or definite sum of money against
the company (other than a sum of money payable in respect of taxes or other charges of a like nature, a fine or other penalty (which may
include a multiple damages judgment in an anti-trust action) or where enforcement would be contrary to public policy). The Grand Court
of the Cayman Islands may also at common law enforce final and conclusive in personam judgments of the Foreign Court that are non-monetary
against the company, for example, declaratory judgments ruling upon the true legal owner of shares in a Cayman Islands company. The Grand
Court of the Cayman Islands will exercise its discretion in the enforcement of non-money judgments by having regard to the circumstances,
such as considering whether the principles of comity apply. To be treated as final and conclusive, any relevant judgment must be regarded
as res judicata