Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 107

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 107
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, France, Spain, Switzerland, Sweden, the Netherlands, the U.S., Canada, Mexico, Australia, United Arab Emirates, and
9 other countries. Zhejiang Leiya manufactures all of our products in factories operating under quality management systems accredited by
the International Organization for Standardization (ISO 9001:2015). Furthermore, our products have been tested for regulatory compliance
and safety. Some of our compliance marks include: TÜV certification from Technischer Überwachungsverein, an internationally
recognized service company; GS Mark for safety under the German Equipment and Product Safety Act; C-tick certification by the Australian
Communications Media Authority; FCC Mark from the U.S. Federal Communications Commission, PAH certification mark for Polycyclic Aromatic
Hydrocarbon concentrations; REACH Certification for substances of very high concern under the European Chemicals Agency; CE Mark certifying
compliance with European Union safety, health and environmental protection standards; RoHs Mark for compliance with the Restriction of
Hazardous Substances in the European Union; c ETL Certification for compliance with Canadian safety standards; and us ETL Mark for compliance
with U.S. safety standards.

We generated revenue mostly from three types of
products: (1) inverters constituted approximately 52%, 82% and 86% of our total revenue for the fiscal years ended December 31, 2022,
2021 and 2020, respectively; (2) chargers, which generated approximately 2.16%, 7.52% and 7.39% of our total revenue for the fiscal years
ended December 31, 2022, 2021 and 2020, respectively; (3) gasoline generators generated approximately 43.82%, 8.28% and 4.91% of our total
revenue for the fiscal years ended December 31, 2022, 2021 and 2020, respectively. As of the date of this prospectus, we have also launched
a few new products, such as stacked energy storage system, hybrid solar inverter, portable power station.

Due to our substantial investment in research
and development, Zhejiang Leiya was awarded High-Tech Enterprise status by the Zhejiang provincial government, which qualified us for
China’s National High-Tech Enterprise Program, a national-level program. Specifically, companies in the China’s National High-Tech
Enterprise Program are eligible for up to a 10% corporate