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Erayak Power Solution Group Incorporation Class A ( (RAYA) ) has provided an announcement.
On November 20, 2025, Erayak Power Solution Group Inc. held an extraordinary general shareholders meeting where key resolutions were approved. These included a significant increase in the company’s authorized share capital from $50,000 to $220,000,000 and the adoption of a new memorandum and articles of association to reflect this change and incorporate post-IPO governance provisions. The approval of these proposals is expected to enhance the company’s capital structure and align its corporate governance with industry standards, potentially impacting its market positioning and stakeholder relations positively.
More about Erayak Power Solution Group Incorporation Class A
Erayak Power Solution Group Inc. operates in the power solutions industry, focusing on providing innovative energy solutions. The company is based in Wenzhou, Zhejiang Province, China, and is involved in the development and distribution of power products.
Average Trading Volume: 211,004
Technical Sentiment Signal: Sell
Current Market Cap: $3.36M
For detailed information about RAYA stock, go to TipRanks’ Stock Analysis page.