Erayak Power Solution Shareholders Approve Major Capital Structure Changes at February 2026 EGM

An update from Erayak Power Solution Group Incorporation Class A ( (RAYA) ) is now available.

On February 5, 2026, Erayak Power Solution Group Inc. held an extraordinary general shareholders meeting in Wenzhou, China, at which holders of both Class A and Class B ordinary shares constituted a quorum and voted on a series of capital and governance changes. Shareholders approved an immediate change to the company’s authorized share capital structure by greatly increasing the number of ordinary shares while reducing their par value, authorized the board to carry out one or more significant share consolidations at a ratio between 1-for-10 and 1-for-500 within a year, and adopted updated and restated memoranda and articles of association to reflect these changes and any future consolidations. They also empowered directors, the registered office service provider, and the company’s share registrar and transfer agent to implement the related filings, corporate record updates, and share certificate replacements as needed, and approved the option to adjourn the meeting for additional proxy solicitation if required, signaling broad shareholder support for substantial flexibility in capital management and corporate housekeeping measures.

More about Erayak Power Solution Group Incorporation Class A

Erayak Power Solution Group Inc. is a China-based company listed in the United States that operates in the power solutions sector, though this filing primarily identifies it as a foreign private issuer with Class A and Class B ordinary shares and a Cayman Islands corporate structure, without detailing specific products, services or market segments.

Average Trading Volume: 880,233

Technical Sentiment Signal: Sell

Current Market Cap: $930.8K

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