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Articles from Erayak Power Solution Group Inc.

Erayak Power Solution Group. Announces $3 Million Registered Direct Offering
Wenzhou, China, July 25, 2025 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc.. (NASDAQ: RAYA) ("Erayak" or the "Company"), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of an aggregate of 30,612,246of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.098 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.0001 per share.
Erayak Power Solution Group Inc. to Participate in Two Upcoming Conferences in October 2023
Wenzhou, China, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, will be participating in two upcoming conferences in October 2023.
By Erayak Power Solution Group Inc. · Via GlobeNewswire · October 17, 2023
Erayak Power Solution Group Inc. In Discussions with Potential Strategic Partners to Expand Market Opportunities and Product Offerings
Wenzhou, China, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, is pleased to announce that the Company is discussing with potential strategic partners to expand its market opportunities and product reach.
By Erayak Power Solution Group Inc. · Via GlobeNewswire · September 28, 2023
Erayak Power Solution Group Inc. Initiates Plans to Expand into the Middle East and South Asia
Wenzhou, China, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, is pleased to announce that it has plans to expand its business operations and distribution within the Middle East and South Asia.
By Erayak Power Solution Group Inc. · Via GlobeNewswire · September 11, 2023
Erayak Power Solution Group Inc. Participated in the 2023 Wenzhou Bay New Area Jinhai Lake Starlight Market Festival, from July 21 to July 23
Wenzhou, China, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, participated in the 2023 Wenzhou Bay New Area Jinhai Lake Starlight Market Festival, from July 21 to July 23, in Wenzhou, China. The Company promoted its latest DBS Portable Power Station Series, which helped provide iced drinks during the event.
Erayak Power Solution Group Inc. to Deliver a Live Presentation at the Skyline Signature Series™ on Monday, July 24, 2023
The Company invites individual and institutional investors, as well as advisors and analysts, to attend this real-time, interactive presentation at the Skyline Signature Series™
Erayak Power Solution Group Inc Announces the Upcoming Launch of its BDS Portable Power Station Series
Wenzhou, China, June 28, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, is pleased to announce the upcoming launch of its new product: the BDS Portable Power Station Series, which is currently in production and is expected to be available on Amazon.com in September 2023. 
U.S. Consulate General Shanghai Visits Erayak Power Solution Group in an Effort to Strengthen Bilateral Trade between China and the U.S.
Wenzhou, China, June 08, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, was honored to welcome a delegation of trade officials from China and the United States on May 26, 2023, at Erayak’s headquarters.
Erayak Power Solution Group Inc. to Present at the Virtual BetterInvesting National Convention
Wenzhou, China, June 05, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. ("Erayak" or the "Company") (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, is pleased to announce that it will be presenting at the virtual BetterInvesting National Convention held on June 3 and 10, 2023.
Erayak Power Solution Group Inc. Reports 44.5% Increase in Revenue, 15.7% Increase in Gross Profit in Fiscal Year 2022
Wenzhou, China, May 18, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, announced financial results for the fiscal year ended December 31, 2022.
Erayak Power Solution Group Inc. to Participate in the 133rd China Import and Export Fair 2023 from April 15-19
WENZHOU, China, April 14, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, is pleased to announce that it will be participating in the 133rd China Import and Export Fair 2023 (“Fair”), also known as the Canton Fair 2023, in Guangzhou, China, which will be held at the Guangzhou Canton Fair Complex, from April 15-19, 2023. 
Erayak Power Solution Group Inc. Reports Approximately 500% Increase in Generator Sales in Fiscal Year 2022
Wenzhou, China, March 01, 2023 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, is pleased to provide the following information concerning the Company's generator sales in 2022.
Erayak Power Solution Group Inc. Reports 437% Increase in Generator Sales in the First Half of 2022
Wenzhou, China, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, is pleased to provide the following information concerning the Company’s generator sales in 2022.
By Erayak Power Solution Group Inc. · Via GlobeNewswire · December 28, 2022
Erayak Power Solution Group Inc. Announces Closing of $12 Million Initial Public Offering
Wenzhou, China, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, today announced the closing of its initial public offering of 3 million Class A ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $12 million, before deducting underwriting discounts, commissions, and other related expenses. In addition, Erayak has granted the underwriters a 45-day option to purchase up to an additional 450,000 ordinary shares at the public offering price, less underwriting discount, and commissions.
By Erayak Power Solution Group Inc. · Via GlobeNewswire · December 16, 2022
Erayak Power Solution Group Inc. Announces Pricing of $12 Million Initial Public Offering
Wenzhou, China, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, announced the pricing of its initial public offering of 3 million Class A ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $12 million, before deducting underwriting discounts, commissions, and other related expenses on December 13, 2022. In addition, Erayak has granted the underwriters a 45-day option to purchase up to an additional 450,000 ordinary shares at the public offering price, less underwriting discount, and commissions.
By Erayak Power Solution Group Inc. · Via GlobeNewswire · December 14, 2022