Company: RAYA
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001185185-25-001296
Chunk: 177

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-09-29
Form: 424B5
Chunk 177
---
 and other such securities
and to secure indebtedness, liabilities or obligations whether of our company or of any third party.

No person shall be disqualified from the office
of director or alternate director or prevented by such office from contracting with our company, either as vendor, purchaser or otherwise,
nor shall any such contract or any other contract or transaction entered into by or on behalf of our company in which any director or
alternate director shall be in any way interested be or be liable to be avoided, nor shall any director or alternate director so contracting
or being so interested be liable to account to our company for any profit realized by any such contract or transaction by reason of such
director holding office or of the fiduciary relation thereby established. A director (or his alternate director in his absence) shall
be at liberty to vote in respect of any contract 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.

<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