Company: RAYA
Filing Date: 2025-07-28
Form Type: 424B5
Source: 0001213900-25-067907
Chunk: 64

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-07-28
Form: 424B5
Chunk 64
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 or transaction in which he is interested provided that the nature of the interest of
any director or alternate director in any such contract or transaction shall be disclosed by him at or prior to its consideration and
any vote thereon.

A general notice that a director or alternate
director is a shareholder, director, officer or employee of any specified firm or company and is to be regarded as interested in any transaction
with such firm or company shall be sufficient disclosure for the purposes of voting on a resolution in respect of a contract or transaction
in which he has an interest, and after such general notice it shall not be necessary to give special notice relating to any particular
transaction.

Capitalization of Profits

The directors may capitalize any sum standing
to the credit of any of our Company’s reserve accounts (including share premium account and capital redemption reserve) or to the credit
of profit and loss account or otherwise available for distribution and appropriate such sum to shareholders in the proportions in which
such sum would have been divisible amongst them had the same been a distribution of profits by way of dividend and apply such sum on their
behalf in paying up in full unissued shares for issue, allotment and distribution credited as fully paid-up to and amongst them in the
proportions aforesaid. In such event the directors may make such provisions as they think fit in the case of shares becoming distributable
in fractions.

<div align='center'>S-31</div>

Liquidation Rights

Subject to the Companies Act, our company may
by special resolution be wound up voluntarily.

If our company shall be wound up, and the assets
available for distribution amongst the shareholders shall be insufficient to repay the whole of the share capital, such assets shall be
distributed so that, as nearly as may be, the losses shall be borne by the shareholders in proportion to the par value of the shares held
by them. If in a winding up the assets available for distribution amongst the shareholders shall be more than sufficient to repay the
whole of the share capital at the commencement of the winding up, the surplus shall be distributed amongst the shareholders in proportion
to the par value of the shares held by them at the commencement of the winding up subject to a deduction from those shares in respect
of which there are monies due, of all monies payable to our company for unpaid calls or otherwise. The aforesaid is without prejudice
to the rights of the holders of shares issued upon special terms and conditions.

If our company shall be wound up the