Erayak Power Solution Group Inc.
Business
Erayak Power Solution Group Inc. manufactures, researches and develops power solution products and conducts wholesale and retail distribution through its PRC subsidiaries. Its principal products include gasoline generators, DC-to-AC inverters, hybrid inverters and energy storage systems, portable power stations and smart battery chargers. Key business units operate through subsidiaries Ruike, Zhejiang Leiya and Wenzhou New Focus, encompassing manufacturing, R&D, customization (built-to-order), quality control and e-commerce sales channels. The company sells throughout China and exports to markets including Japan, Europe, the U.S., Canada, Australia, Dubai and other international markets, using wholesale, retail and online platforms such as Amazon.
Summary from filing dated 2025-04-23
Financials
Latest annual snapshot (FY2025, period end 2025-12-31). Full statement history unavailable for this entity.
| Revenue | $22.86M |
| Net income | $-1.39M |
| Total assets | $59.45M |
| Total liabilities | $24.18M |
| Stockholders' equity | $35.27M |
| Operating cash flow | $-3.17M |