Company: RAYA
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001185185-25-001296
Chunk: 178

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-09-29
Form: 424B5
Chunk 178
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 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 shareholders or different classes of shareholders.
The liquidator may, with the like sanction, vest the whole or any part of such assets in trustees upon such trusts for the benefit of
the shareholders as the liquidator, with the like sanction, shall think fit, but so that no shareholder shall be compelled to accept any
asset upon which there is a liability.

Register of Members

Under the Cayman Islands Companies Act, we must keep a register of members and there should be entered therein:

| ● | the                                                                                                                                            
 names and addresses of our shareholders, a statement of the shares held by each shareholder, and of the amount paid or agreed to be considered 
 as paid, on the shares of each shareholder;                                                                                                    |

| ● | the                                                                                    
 date on which the name of any person was entered on the register as a shareholder; and |

| ● | the                                                  
 date on which any person ceased to be a shareholder. |

Under the
Cayman Islands Companies Act, the register of members of our company is prima facie evidence of the matters set out therein (that is,
the register of members will raise a presumption of fact on the matters referred to above unless rebutted) and a shareholder registered
in the register of members is deemed as a matter of the Cayman Islands Companies Act