Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 57

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 57
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 of its business outside the Cayman Islands); |

| ● | does not have to hold an annual general meeting; |

| ● | does not have to make its register of members open to inspection by shareholders of that company; |

| ● | may obtain an undertaking against the imposition of any future taxation; |

| ● | may register by way of continuation in another jurisdiction and be deregistered in the Cayman Islands; |

| ● | may register as a limited duration company; and |

| ● | may register as a segregated portfolio company. |

Ordinary Shares

All of our issued and outstanding ordinary share
are fully paid and non-assessable. Our Class A Ordinary Shares are issued in book entry, and are issued when registered in our register
of members. Unless the Board of Directors determine otherwise, each holder of our Class A Ordinary Shares will not receive a certificate
in respect of such Class A Ordinary Shares. Our shareholders who are non-residents of the Cayman Islands may freely hold and vote their
Class A Ordinary Shares.

Our authorized share capital is US$50,000 divided
into 500,000,000 ordinary shares, of which 450,000,000 shares are Class A Ordinary Shares and 50,000,000 shares are Class B Ordinary Shares.
Subject to the provisions of the Companies Act and our articles regarding redemption and purchase of the shares, the directors may issue,
allot, grant options over or otherwise dispose of shares (including any fractions of shares) and other securities of the Company at such
times, to such persons, for such consideration and on such terms as the directors may determine. No share may be issued at a discount
except in accordance with the provisions of the Companies Act.

Each Class B Ordinary Shares is convertible into
one (1) Class A Ordinary Shares at any time at the option of the holder thereof. The right to convert shall be exercisable by the holder
of the Class B Ordinary Shares (the Converting Class B Shareholder) delivering a written notice to the Company that such holder elects
to convert a specified number of Class B ordinary shares into Class A Ordinary Shares. In no event shall Class A Ordinary Shares be convertible
into Class B ordinary shares.

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Any conversion of Class B Ordinary Shares into
Class A Ordinary Shares pursuant to these Articles shall be effected by redeeming the relevant Class B Ordinary Shares and in consideration
therefor issuing fully-paid Class A Ordinary Shares in equal number to such holder of