Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 179

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 179
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 shareholders or different classes of shareholders.
The liquidator may, with the like sanction, vest the whole or any part of such assets in trustees upon such trusts for the benefit of
the shareholders as the liquidator, with the like sanction, shall think fit, but so that no shareholder shall be compelled to accept any
asset upon which there is a liability.

Register of Members

Under the Cayman Islands Companies Act, we must keep a register of members and there should be entered therein:

| ● | the                                                                                                                                            
 names and addresses of our shareholders, a statement of the shares held by each shareholder, and of the amount paid or agreed to be considered 
 as paid, on the shares of each shareholder;                                                                                                    |

| ● | the                                                                                    
 date on which the name of any person was entered on the register as a shareholder; and |

| ● | the                                                  
 date on which any person ceased to be a shareholder. |

Under the
Cayman Islands Companies Act, the register of members of our company is prima facie evidence of the matters set out therein (that is,
the register of members will raise a presumption of fact on the matters referred to above unless rebutted) and a shareholder registered
in the register of members is deemed as a matter of the Cayman Islands Companies Act to have legal title to the shares as set against
its name in the register of members. Upon the completion of this offering, the register of members will be immediately updated to record
and give effect to the issuance of shares by us. Once our register of members has been updated, the shareholders
recorded in the register of members will be deemed to have legal title to the shares set against their name.

If the name of any person is incorrectly entered
in or omitted from our register of members, or if there is any default or unnecessary delay in entering on the register the fact of any
person having ceased to be a shareholder of our company, the person or shareholder aggrieved (or any shareholder of our company or our
company itself) may apply to the Grand Court of the Cayman Islands for an order that the register be rectified, and the Court may either
refuse such application or it may, if satisfied of the justice of the case, make an order for the rectification of the register.

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Differences in Corporate Law

The Cayman Islands Companies Act is derived, to
a large extent, from the older Companies Acts of England and Wales but does not follow recent United