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Erayak Power Solution Group Inc. (China)

Main Activities: Motor and Generator Manufacturing
Full name: Erayak Power Solution Group Inc. Profile Updated: July 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company specializes in the manufacturing, research and development, and wholesale and retail of power solution products.
The Company conducts business primarily through The Company s wholly owned subsidiary, Zhejiang Leiya Electronics Co. Ltd., in the People's Republic of China. The Company s product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The Company s products are used mainly in agricultural and industrial vehicles, RVs, electrical appliances, and outdoor living products. The Company s primary office is located in Zhejiang province, where the Company serves a large customer base throughout PRC and expand it s reach to international clients. The Company seeks to leverage The Company s flexibility and passion for quality to provide a personalized mobile living solution for each customer.
HISTORY
2019 On June 14, 2019, The Company was incorporated under the laws of Cayman Islands under name Erayak Power Solution Group Inc. .
2022 The Company s ordinary shares are listed on the Nasdaq Capital Market under the symbol “RAYA.” since December 14, 2022.

Headquarters
No. 528, 4Th Avenue, Binhai Industrial Park
Wenzhou; Zhejiang; Postal Code: 325025

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Website: http://www.erayakgenerator.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2019
Key Executives
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Chairman
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Chief Financial Officer
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Director/Member of the Board
Ownership Details
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17.47%
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12.22%
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Subsidiaries
Erayak Power Solution Hong Kong Limited (Hong Kong SAR, China)
Erayak Power Solution Limited (United Kingdom)
Wenzhou New Focus Technology Electronic Co., Ltd.
Company Performance
Financial values in the chart are available after Erayak Power Solution Group Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
26.39%
Total operating revenue
26.39%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
22%
Total equity
39.18%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-40.27%
Quick Ratio
0.41%
Cash Ratio
-0.3%

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