Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 206

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 206
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The indentures and debt securities will be governed
by, and construed in accordance with, the laws of the State of New York, without regard to its principles of conflicts of laws, except
to the extent the Trust Indenture Act is applicable or as otherwise agreed to by the parties thereto.

Trustee

The trustee or trustees under the indentures will
be named in any applicable prospectus supplement.

Conversion or Exchange Rights

The prospectus supplement will describe the terms,
if any, on which a series of debt securities may be convertible into or exchangeable for our ordinary shares or other debt securities.
These terms will include provisions as to whether conversion or exchange is mandatory, at the option of the holder or at our option. These
provisions may allow or require the number of shares of our ordinary shares or other securities to be received by the holders of such
series of debt securities to be adjusted. Any such conversion or exchange will comply with applicable Cayman Islands law and our memorandum and articles of association.

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DESCRIPTION OF UNITS</div>

We may issue units comprising one or more of the
other securities described in this prospectus in any combination. Each unit will be issued so that the holder of the unit is also the
holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included
security. The unit agreement under which a unit is issued may provide that the securities included in the unit may not be held or transferred
separately, at any time or at any time before a specified date or occurrence.

The applicable prospectus supplement may describe:

| ● | the                                                                                                                                            
 designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities 
 may be held or transferred separately;                                                                                                         |

| ● | any                                                                                                                                
 provisions for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; and |

| ● | whether                                                      
 the units will be issued in fully registered or global form. |

The applicable prospectus supplement will describe
the terms of any units. The preceding description and any description of units in the applicable prospectus supplement does not purport
to be complete and is subject to and is qualified in its entirety by reference to the unit agreement and, if applicable, collateral arrangements
and depository arrangements relating to such units.

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DESCRIPTION OF SHARE PURCHASE CONTRACTS AND