Company: RAYA
Filing Date: 2025-07-28
Form Type: 424B5
Source: 0001213900-25-067907
Chunk: 165

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-07-28
Form: 424B5
Chunk 165
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ution of the equity interests of investors purchasing
securities in an offering under this prospectus:

| ● | the                                                                                       
 net tangible book value per share of our equity securities before and after the offering; |

| ● | the                                                                                                                                    
 amount of the increase in such net tangible book value per share attributable to the cash payments made by purchasers in the offering; 
 and                                                                                                                                    |

| ● | the                                                                                                        
 amount of the immediate dilution from the public offering price which will be absorbed by such purchasers. |

<div align='center'>USE OF PROCEEDS</div>

We intend to use the net proceeds from the sale of securities we offer as indicated in the applicable prospectus supplement, information incorporated by reference, or free writing prospectus.

<div align='center'>37

DESCRIPTION OF SHARE CAPITAL</div>

A copy of our memorandum and articles of association
is filed as an exhibit to the registration statement of which this prospectus is a part (and which is referred to in this section as,
respectively, the “memorandum” and the “articles”).

We were incorporated as an exempted company with
limited liability under the Cayman Islands Companies Act on June 14, 2019. A Cayman Islands exempted company:

| ● | is                                                                      
 a company that conducts its business mainly outside the Cayman Islands; |

| ● | is                                                                                                                                   
 prohibited from trading in the Cayman Islands with any person, firm or corporation except in furtherance of the business of the      
 exempted company carried on outside the Cayman Islands (and for this purpose can effect and conclude contracts in the Cayman Islands 
 and exercise in the Cayman Islands all of its powers necessary for the carrying on 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