Erayak Power Solution Group shareholders approve share capital reduction plan at extraordinary meeting

• Erayak Power Solution Group held an extraordinary shareholder meeting on July 9, 2026.
• Shareholders cleared a share capital reduction and reorganization, including a par value cut and related authorized capital changes; execution remains subject to required conditions.
• Investors also endorsed an increase in authorized share capital to US$ 50,000 from US$ 10,000, effective once the reduction and reorganization takes effect.
• An amended and restated memorandum and articles of association was adopted, intended to reflect the capital actions once they become effective.
• Shareholders approved authority to adjourn the meeting if needed; no adjournment was required because the other items passed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Erayak Power Solution Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-002873), on July 10, 2026, and is solely responsible for the information contained therein.