Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 106

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 106
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 2023 |        |     |          2022 |        |     |         2021 |        |
| Period Ended RMB: USD exchange rate   |     |          | 7.2513 |     |               | 6.8972 |     |              | 6.3726 |
| Period Average RMB: USD exchange rate |     |          | 6.9283 |     |               | 6.7290 |     |              | 6.4508 |

We have relied on statistics provided by a variety of publicly-available sources regarding China’s expectations of growth. We did not directly or indirectly sponsor or participate in the publication of such materials, and these materials are not incorporated in this prospectus other than to the extent specifically cited in this prospectus. We have sought to provide current information in this prospectus and believe that the statistics provided in this prospectus remain up-to-date and reliable, and these materials are not incorporated in this prospectus other than to the extent specifically cited in this prospectus.

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Overview</div>

ERAYAK Power Solution Group Inc. was formed in 2019 under the laws
of the Cayman Islands. Erayak conducts business primarily through its wholly-owned subsidiaries, Ruike, Zhejiang Leiya and Wenzhou New
Focus, in the People’s Republic of China, or the PRC. We specialize in the manufacturing, research and development (“R&D”),
and wholesale and retail of power solution products. Our product portfolio includes sine wave and off-grid inverters, inverter and gasoline
generators, battery and smart chargers, and custom-designed products. Our products are used principally in agricultural and industrial
vehicles, recreational vehicles (“RVs”), electrical appliances, and outdoor living products. Our primary office is located
in Zhejiang province, where we serve a large customer base throughout PRC and expand our reach to international clients. Our goal is to
be the premier power solutions brand and a solution for mobile life and outdoor living. We seek to leverage our flexibility and passion
for quality to provide a personalized mobile living solution for each customer.

Since the founding of Zhejiang Leiya in 2009,
it has grown to be a manufacturer that not only designs, develops and mass produces our own brand of premium power solution products,
but has also established e-commerce channels in the retail chain. We, through our PRC subsidiaries, also offer our products in Japan,
England, Germany