Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 45

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 45
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 data protection. We may be liable for improper use or appropriation of personal information provided by our customers” on page
29.

<div align='center'>S-14</div>

As of the date of this prospectus, we and our PRC subsidiaries have received from PRC authorities all requisite licenses, permissions or approvals needed to engage in the businesses currently conducted in China, and no permission or approval has been denied. The following table provides details on the licenses and permissions held by our PRC subsidiaries.

| Approval                                             
 Business License                                     |     | Recipient                                           
 Wenzhou Wenjie Information Technology Co. Ltd.      |     | Issuing body                                         
 Wenzhou Market Supervision and Administration Bureau |     | Date of grant      
 December 11, 2019  |     | Validity                             
 Until December 10, 2069              |
|:-----------------------------------------------------|:----|:----------------------------------------------------|:----|:-----------------------------------------------------|:----|:-------------------|:----|:-------------------------------------|
| Business License                                     |     | Zhejiang Leiya Electronics Co. Ltd.                 |     | Wenzhou Market Supervision and Administration Bureau |     | April 27, 2009     |     | Long-term without an expiration date |
| Certificate of customs declaration unit registration |     | Zhejiang Leiya Electronics Co. Ltd.                 |     | Wenzhou Customs of PRC                               |     | September 19, 2014 |     | Long-term without an expiration date |
| Business License                                     |     | Wenzhou New Focus Technology & Electronic Co., Ltd. |     | Wenzhou Market Supervision and Administration Bureau |     | August 12, 2020    |     | Long-term without an expiration date |
| Certificate of customs declaration unit registration |     | Wenzhou New Focus Technology & Electronic Co., Ltd. |     | Wenzhou Customs of PRC                               |     | September 7, 2018  |     | Long-term without an expiration date |
| Business License                                     |     | Ruike Electronics (Wenzhou) Co., Ltd.               |     | Wenzhou Market Supervision and Administration Bureau |     | December 5, 2023   |     | Long-term without an expiration date |

We have been closely monitoring regulatory developments in China regarding any necessary approvals from the CSRC or other PRC governmental authorities required for overseas listings, including this offering. As of the date of this prospectus,