On July 9, 2026, shareholders approved a share capital reduction and reorganization, reducing the par value of Class A and Class B ordinary shares from $0.22 to $0.00001. The resulting credit will be transferred to a distributable reserve account to potentially eliminate accumulated losses. Shareholders also approved increasing the authorized share capital from 1 billion shares to 5 billion shares (4.5 billion Class A and 500 million Class B) with a par value of $0.00001. Additionally, the company adopted its Sixth Amended and Restated Memorandum and Articles of Association to reflect these changes. Erayak Power Solution Group Inc. operates in the power solutions industry, providing energy-related products and services.