Erayak Power shareholders back major capital hike and new M&A

Rhea-AI Filing Summary

Erayak Power Solution Group Inc. held an extraordinary general shareholders meeting where all proposals were approved. Shareholders representing approximately 52.67% of the combined voting power of Class A and Class B ordinary shares as of October 15, 2025 formed a quorum.

The key item was a major increase in authorized share capital from US$50,000, divided into 2,272,727.27 ordinary shares of par value US$0.022 each, to US$220,000,000, divided into 10,000,000,000 ordinary shares of par value US$0.022 each. This new authorization comprises 9,000,000,000 Class A and 1,000,000,000 Class B ordinary shares.

Shareholders also approved a fourth amended and restated memorandum and articles of association, which reflects the higher authorized capital and adds post-IPO and corporate-governance provisions typical for a listed Cayman Islands exempted company.

Insights

Equity & Governance Analyst

Erayak shareholders approved a huge increase in authorized shares and updated governance documents.

The meeting authorized a jump in Erayak’s share capital from US$50,000 (2,272,727.27 ordinary shares at US$0.022 par) to US$220,000,000 (10,000,000,000 ordinary shares at the same par value), split into 9,000,000,000 Class A and 1,000,000,000 Class B shares. This significantly expands the company’s capacity to issue new equity in the future but does not itself state any specific issuance.

Approval of the fourth amended and restated memorandum and articles of association aligns the company’s governing documents with the new capital structure and incorporates post-IPO and corporate-governance provisions for a Cayman Islands exempted company. The proposals received strong support, with Proposal 1 recording 868,608 votes for versus 11,391 against. Future equity activity, if any, would be detailed in subsequent company communications or filings.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2025

Commission File Number: 001-41568

Erayak Power Solution Group Inc.

No. 528, 4th Avenue

Binhai Industrial Park

Wenzhou, Zhejiang Province

People’s Republic of China 325025

+86-577-86829999

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒        Form 40-F ☐

Extraordinary General Shareholders Meeting

On November 20, 2025, 11:00 a.m. Beijing Time (November 19, 2025, 10:00 p.m. Eastern Time), Erayak Power Solution Group Inc (the “Company”) held its 2025 extraordinary general shareholders meeting (the “EGM”) at No. 528, 4th Avenue, Binhai Industrial Park, Wenzhou, Zhejiang Province, People’s Republic of China 325025. Holders of 854,061 Class A ordinary shares and 40,910 Class B ordinary shares of the Company were present in person or by proxy at the EGM, representing approximately 52.67% of the combined voting power of Class A and Class B ordinary shares as of the record date of October 15, 2025, and therefore constituting a quorum of at least one-third of the ordinary shares outstanding and entitled to vote at the General Meeting as of the record date. All matters voted on at the EGM were approved. The final voting results for each matter submitted to a vote of shareholders at the meeting are as follows:

		For				Against				Abstain
Proposal 1: By an ordinary resolution, (a) to approve an increase of the Company’s authorized share capital from US$50,000 divided into 2,272,727.2̅7̅ ordinary shares of a par value of US$0.022 each comprising (i) 2,045,454.5̅4̅ class A ordinary shares of a par value of US$0.022 each and (ii) 227,272.7̅2̅ class B ordinary shares of a par value of US$0.022 each, to US$220,000,000 divided into 10,000,000,000 ordinary shares of par value US$0.022 each comprising (i) 9,000,000,000 class A ordinary shares of a par value of US$0.022 each and (ii) 1,000,000,000 class B ordinary shares of a par value of US$0.022 each.			868,608				11,391				720
Proposal 2: By a special resolution, subject to and conditional upon the passing of Proposal One, to adopt the fourth amended and restated memorandum and articles of association of the Company (the “Restated M&A”) in substitution for and to the exclusion of the existing third amended and restated memorandum and articles of association of the Company, to (i) reflect the Share Capital Increase described in Proposal One and (ii) incorporate certain post-IPO language, corporate-governance provisions, and housekeeping amendments customary for a listed Cayman Islands exempted company, as more particularly described in and in the form of the Restated M&A attached to the notice of meeting.			868,623				11,293				802
Proposal 3: By an ordinary resolution, to adjourn the Extraordinary General Shareholders Meeting for any purpose, including to solicit additional proxies if there are insufficient votes at the time of the meeting to approve the proposals described above.			869,374				10,314				1,028

1

EXHIBIT INDEX

Exhibit No.		Description
99.1		The Fourth Amended and Restated Memorandum and Articles of Association, dated November 20, 2025*

* Previously filed

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Erayak Power Solution Group Inc
Date: November 20, 2025	By:	/s/ Lingyi Kong
	Name:	Lingyi Kong
	Title:	Chief Executive Officer

3

FAQ

What did Erayak Power Solution Group Inc. (RAYA) approve at the 2025 extraordinary general shareholders meeting?

Erayak Power Solution Group Inc. shareholders approved all proposals, including a large increase in authorized share capital and the adoption of a fourth amended and restated memorandum and articles of association.

How much did Erayak Power (RAYA) increase its authorized share capital?

The authorized share capital increased from US$50,000, divided into 2,272,727.27 ordinary shares of par value US$0.022 each, to US$220,000,000, divided into 10,000,000,000 ordinary shares of par value US$0.022 each.

What is the new authorized share structure for Erayak Power Solution Group Inc.?

The new authorization covers 10,000,000,000 ordinary shares of par value US$0.022 each, comprising 9,000,000,000 Class A ordinary shares and 1,000,000,000 Class B ordinary shares.

What governance changes did Erayak Power (RAYA) adopt at the EGM?

Shareholders approved a fourth amended and restated memorandum and articles of association to reflect the increased share capital and to incorporate post-IPO language, corporate-governance provisions, and housekeeping amendments customary for a listed Cayman Islands exempted company.

What was the shareholder turnout and voting power at Erayak Power’s 2025 EGM?

Holders of 854,061 Class A ordinary shares and 40,910 Class B ordinary shares were present in person or by proxy, representing approximately 52.67% of the combined voting power as of the October 15, 2025 record date.

How strongly were Erayak Power’s proposals supported at the EGM?

Each proposal passed. For example, Proposal 1, covering the share capital increase, received 868,608 votes for, 11,391 votes against, and 720 abstentions.