Erayak Power Solution Group Inc.

NasdaqCM RAYA

Erayak Power Solution Group Inc. Net Cash Used For Investing Activities for the year ending December 31, 2023: USD -1.38 M

Erayak Power Solution Group Inc. Net Cash Used For Investing Activities is USD -1.38 M for the year ending December 31, 2023, a 71.85% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.

Erayak Power Solution Group Inc. Net Cash Used For Investing Activities for the year ending December 31, 2022 was USD -4.90 M, a -1,905.21% change year over year.
Erayak Power Solution Group Inc. Net Cash Used For Investing Activities for the year ending December 31, 2021 was USD -244.17 K, a -31.27% change year over year.
Erayak Power Solution Group Inc. Net Cash Used For Investing Activities for the year ending December 31, 2020 was USD -186.01 K, a 49.77% change year over year.
Erayak Power Solution Group Inc. Net Cash Used For Investing Activities for the year ending December 31, 2019 was USD -370.28 K.

Key data

Date	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid	Capital Expenditure

NasdaqCM: RAYA

Erayak Power Solution Group Inc.

CEO	Mr. Lingyi Kong
IPO Date	Dec. 14, 2022
Location	China
Headquarters	No. 528, 4th Avenue
Employees	290
Sector	Consumer Discretionary
Industries Electric Vehicles (EVs) Automobiles & Vehicles Electricity Renewables Utility

Description

Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its 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 in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. It operates in the People's Republic of China, France, Poland, Mexico, and the United Kingdom. The company was founded in 2009 and is based in Wenzhou, the People's Republic of China. Erayak Power Solution Group Inc. operates as a subsidiary of Erayak International Limited.

Key trends

Past 5 years