Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 178

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 178
---
 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.

<div align='center'>45</div>

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.

Liquidation Rights

Subject to the Cayman Islands 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 liquidator may, with the sanction
of a special resolution and any other sanction required by the Cayman Islands Companies Act, divide amongst the shareholders in kind the
whole or any part of the assets of our company (whether they shall consist of property of the same kind or not) and may for that purpose
value any assets and determine how the division shall be carried out as between the