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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Erayak Power Solution Group Inc | NASDAQ:RAYA | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0401 | 5.57% | 0.7601 | 0.6705 | 0.80 | 0.791 | 0.6505 | 0.6984 | 102,662 | 23:27:24 |
Erayak Chairman & CEO, Mr. Lingyi Kong stated, "We are pleased to report our first earnings report as a public company. Our financial results represent continued momentum in our power solution products, particularly our generator products, which delivered a strong sales result in Europe. This bodes well in our pursuit of expanding our markets globally. We will continue to execute our strategy and capitalize on the positive demand trends for quality and reliable power solution products, and further invest in our research and development efforts to bring new and innovative products to the market.”
2022 Fiscal Year Financial Highlights:
Operations Summary:
Cash Flows Summary:
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About Erayak Power Solution Group Inc.
Erayak specializes in the manufacturing, research and development, and wholesale and retail of power solution products. Erayak’s product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Our products are used principally in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. Our goal is to be the premier power solutions brand and a solution for mobile life and outdoor living. For more information, visit www.erayakpower.com.
Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
Investor Relations Contact:Skyline Corporate Communications Group, LLCLisa Gray, Senior Account ManagerOne Rockefeller Plaza, 11th FloorNew York, NY 10020Office: (646) 893-5835Email: lisa@skylineccg.com
1 Year Erayak Power Solution Chart |
1 Month Erayak Power Solution Chart |
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