Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 125

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 125
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 in China Risks related to doing business in China, beginning on page 16 of this prospectus, include but are not limited to the following:

| ● | “Uncertainties with                                                                                                                  
 respect to the PRC legal system, including uncertainties regarding the enforcement of laws, and sudden or unexpected changes in laws 
 and regulations in China with little advance notice could adversely affect us and limit the legal protections available to you and   
 us.” See page 16.                                                                                                                    |

| ● | “The filing, approval                                                                                                                  
 or other administration requirements of the Chinese Securities Regulatory Commission (the “CSRC”) or other PRC government              
 authorities may be required in connection with our future offshore offering under PRC law, and, if required, we cannot predict whether 
 or for how long we will be able to complete the filing procedure with the CSRC and obtain such approval or complete such filing,       
 as applicable.” See page 17.                                                                                                           |

| ● | “Any actions by the                                                                                                                     
 Chinese government to exert more oversight and control over offerings that are conducted overseas and foreign investment in China-based 
 issuers could significantly limit or completely hinder our ability to offer or continue to offer our ordinary shares to investors       
 and cause the value of our ordinary shares to significantly decline or be worthless. The M&A Rules and certain other PRC regulations    
 establish complex procedures for some acquisitions of Chinese companies by foreign investors, which could make it more difficult        
 for us to pursue growth through acquisitions in China.” See page 19.                                                                    |

| ● | “There are significant                                                                                                            
 legal and other obstacles to obtaining information needed for shareholder investigations or litigation outside China or otherwise 
 with respect to foreign entities.” See page 20.                                                                                   |

| ● | “PRC regulation of                                                                                                                     
 loans to, and direct investments in, PRC entities by offshore holding companies may delay or prevent us from using proceeds from       
 this offering and/or future financing activities to make loans or additional capital contributions to our PRC operating subsidiaries.” 
 See page 20.                                                                                                                           |

| ● | “We must remit the                                                                                                               
 offering proceeds to China before they may be used to benefit our business in China, and this process may take several months to 
 complete.” See page 22.                                                                                                          |

| ● | “PRC regulation of                                                                                                               
 loans to and direct investment in PRC entities by offshore holding companies to PRC entities may delay or prevent us from making 
 loans or additional capital contributions to our PRC operating subsidiaries