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Erayak Power Solution Group Inc.

  • Public · NASDAQ: RAYA
  • 349 employees
$3.7MMarket cap
$22.9MRevenue · FY2025
-$1.4MNet income
349Employees
RAYANASDAQ
2022IPO

About Erayak Power Solution Group Inc.

Erayak Power Solution Group Inc is engaged in the manufacturing, research and development (R&D), and wholesale and retail of power solution products. The group focuses on manufacturing new energy storage and inverter devices. Its product portfolio includes sine wave and off-grid inverters, inverters and gasoline generators, battery and smart chargers, and custom-designed products. The products are used principally in agricultural and industrial vehicles, recreational vehicles (RVs), electrical appliances, and outdoor living products. The company generates the majority of its revenue from Inverters. The company generates revenue from five main markets, which are China, Poland, Mexico, the U.K., and Portugal. It derives maximum revenue from China.

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Reported figures

Financial summary

Revenue FY2025
$22.9M
Net income
-$1.4M
Total assets
$59.4M
Market cap
$3.7M

Source: SEC EDGAR · updated Jun 8, 2026

NASDAQ: RAYA

15-minute delayed · data by Polygon.io

Market cap
$3.7M
Open
Day range
Prev close
Volume
IPO date
Dec 14, 2022

Market data by Polygon.io · prices are 15-minute delayed

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