Erayak Power Solution Group

RAYA · NASDAQ

$1.22−$0.09 (−6.87%)TodayMarket closed · Oct 23, 7:30 PM ET

Prev close $1.31

About RAYA

Erayak Power Solution Group Inc is a CN-based company operating in Electrical Equipment industry. The company is headquartered in Wenzhou, Zhejiang and currently employs 349 full-time employees. The company went IPO on 2022-12-14. Erayak Power Solution Group Inc is principally engaged in the manufacturing, research and development, and wholesale and retail of power solution products. The firm's product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The firm's products are principally used in homes, campers, yachts, trucks, vans, solar energy systems, outdoor operations, new energy and other fields. The firm's products are exported to Japan, England, Germany, France, Spain, Switzerland, Sweden, the Netherlands, the U.S., Canada and other countries and regions.

Employees: 349
Headquarters: Wenzhou, Zhejiang
Listed: Dec 14, 2022
Sector: Industrials
Industry: Electrical Equipment
Website: erayakpower.com

Leadership

Erayak Power Solution Group executives
Name	Title	Age
Lingyi Kong	—	27
Lanling Gu	—	34
Jing Chen	—	56
Jizhou Hou	—	42
Wang-Ngai Mak	—	51
Tsang She	—	—

Revenue by product and region

Fiscal year ended Dec 31, 2024: $30.30M total revenue

By product

Inverters [Member]$14.07M46.5%
Gasoline generators [Member]$9.98M32.9%
Power bank [Member]$4.97M16.4%
Other products [Member]$726.25K2.4%
Chargers [Member]$550.92K1.8%

By region

China [Member]$19.58M64.6%
France [Member]$1.52M5.0%
Israel [Member]$909.21K3.0%
Nigeria [Member]$827.96K2.7%
U.K [Member]$781.56K2.6%

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