Company: RAYA
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001185185-25-001296
Chunk: 169

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-09-29
Form: 424B5
Chunk 169
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1,000,000 Class B ordinary shares issued and outstanding.

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Dividends

Subject to the provisions of the Cayman Islands
Companies Act and any rights attaching to any class or classes of shares under and in accordance with the Articles, the directors may declare and pay out of the funds of the Company
lawfully available for such purpose a distribution at a time and of an amount they think fit.

Subject to the Cayman Islands Companies Act requirements
regarding the application of a company’s share premium account, dividends may also
be declared and paid out of any share premium account. The directors when paying dividends to shareholders may make such payment either
in cash or in specie.

Unless provided by the rights attached to a share,
no dividend shall bear interest.

Voting Rights

Holders of Class A ordinary shares and Class B
ordinary shares shall, at all times, vote together as one class on all matters submitted to a vote by the shareholders at any general
meeting of the Company. At each general meeting, each shareholder who is present in person or by proxy (or, in the case of a shareholder
being a corporation, by its duly authorized representative) will have one (1) vote for each Class A ordinary share and twenty
(20) votes for each Class B ordinary share which such shareholder holds. Voting at any meeting of shareholders is by show of
hands unless a poll is demanded. A poll may be demanded by the chairman of such meeting or by any shareholder present in person
or by proxy entitled to vote.

An ordinary resolution
to be passed by the shareholders requires the affirmative vote of a simple majority of the votes attached to the ordinary shares
cast by those shareholders entitled to vote who are present in person or by proxy (or, in the case of corporations, by their duly authorized
representatives) at a general meeting, while a special resolution requires the affirmative vote of a majority of not less than two-thirds of
the votes attached to the ordinary shares cast by those shareholders who are present in person or by proxy (or, in the case of
corporations, by their duly authorized representatives) at a general meeting. Both ordinary resolutions and special resolutions may also
be passed by a unanimous written resolution signed by all the shareholders of our company, as permitted by the Cayman Islands Companies
Act and our memorandum and articles of association. A special resolution will be required for important matters such as a change of name or making changes to our memorandum and articles of