tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Erayak Power Solution Group Replaces Auditor With Tang Qian & Associates

Story Highlights
Erayak Power Solution Group Replaces Auditor With Tang Qian & Associates

Claim 70% Off TipRanks Premium

Erayak Power Solution Group Incorporation Class A ( (RAYA) ) has shared an update.

On January 7, 2026, Erayak Power Solution Group Inc., a China-based foreign private issuer in the power solutions sector, dismissed Fortune CPA Inc. as its independent registered public accounting firm and, on the same date, appointed Tang Qian & Associates PLLC as its new auditor. The company stated that Fortune CPA’s audit reports for fiscal years ended December 31, 2024 and 2023 were unmodified and contained no adverse opinions, and it reported no disagreements or reportable events with the outgoing auditor through the dismissal date, suggesting that the change in auditor reflects a governance and oversight transition rather than a response to disclosed accounting disputes, with potential implications for how investors and other stakeholders monitor the company’s future financial reporting.

More about Erayak Power Solution Group Incorporation Class A

Erayak Power Solution Group Inc. is a China-based company headquartered in Wenzhou, Zhejiang Province. It operates in the power solutions sector, though this filing does not elaborate on its specific products, services, or target markets beyond its status as a foreign private issuer listed in the United States.

Average Trading Volume: 35,817

Technical Sentiment Signal: Sell

Current Market Cap: $3.37M

For detailed information about RAYA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1