Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 170

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 170
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) vote for each Class A ordinary share and twenty
(20) votes for each Class B ordinary share which such shareholder holds. Voting at any meeting of shareholders is by show of
hands unless a poll is demanded. A poll may be demanded by the chairman of such meeting or by any shareholder present in person
or by proxy entitled to vote.

An ordinary resolution
to be passed by the shareholders requires the affirmative vote of a simple majority of the votes attached to the ordinary shares
cast by those shareholders entitled to vote who are present in person or by proxy (or, in the case of corporations, by their duly authorized
representatives) at a general meeting, while a special resolution requires the affirmative vote of a majority of not less than two-thirds of
the votes attached to the ordinary shares cast by those shareholders who are present in person or by proxy (or, in the case of
corporations, by their duly authorized representatives) at a general meeting. 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 Cayman Islands 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.

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 resolution passed by a majority of not less than two-thirds of the holders of shares of the class present in person
or by proxy at a separate general meeting of the holders of shares of that class.

Unless the terms on which a class of shares was
issued state otherwise, the rights conferred on the shareholder holding shares of any class shall not be deemed to be varied by the creation
or issue of further shares ranking pari passu with the existing shares of that class.

<div align='center'>39</div>

Alteration of Share Capital

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

| (a) | increase                                                                                                                                
 our share capital by new shares of the amount fixed by that ordinary resolution and with the attached rights, priorities and privileges 
 set out in that ordinary resolution;                                                                                                    |

| (