Company: RAYA
Filing Date: 2025-07-28
Form Type: 424B5
Source: 0001213900-25-067907
Chunk: 54

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-07-28
Form: 424B5
Chunk 54
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 (“Class B Ordinary Shares”). As of the date
of this prospectus, there are currently 49,588,235 Class A Ordinary Shares and 1,000,000 Class B Ordinary Shares issued and outstanding.

Our Memorandum and Articles of Association

A copy of our amended and restated 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 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
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