Erayak Power Solution Group Inc. · NASDAQ:RAYA
Erayak Power Solution — IPO Roadshow (November 2022)
22 slides from Erayak Power Solution's IPO roadshow presentation, Nov 17, 2022
Slide 1: Energy. Anytime. Anywhere. Investment Offering
ENERGY. ANYTIME. ANYWHERE. INVESTMENT OFFERING ERAYAK POWER SOLUTION GROUP INC. NOVEMBER 2022 Issuer Free Writing Prospectus dated November 16, 2022 Filed Pursuant to Rule 433 of the Securities Act of 1993, as amended Relating to Preliminary Prospectus dated November 16, 2022 SEC Registration No. 33
Slide 2: Free Writing Prospectus Statement
Free Writing Prospectus Statement This free writing prospectus relates to the proposed public offering of Class A Ordinary Shares (“Shares”) of Erayak Power Solution Group Inc . (“we”, “us”, or “our”) and should be read together with the Registration Statement we filed with the Securities and Exchan
Slide 3: Offering Summary
Offeíing Summaíy Issueí Eíayak Poweí Solution Gíoup Inc Exchange/Symbol Nasdaq capital maíkets: RAYA Offeíing Size $12.6 million million (excluding 15% oveí - allotment option) Offeíing ľype Initial public offeíing Secuíities Offeíed Class A oídinaíy shaíes Anticipated Use Of Píoceeds Píoduct íeseaí
Slide 4: Erayak Overview
Eíayak Ov e í v i e w Eíayak is a leading manufactuíeí, designeí, and expoíteí of high - quality píoducts in the poweí supply industíy. Ouí píoducts aíe used in agíicultuíal and industíial vehicles, íecíeational vehicles, electíical appliances, and outdooí living píoducts • Sine wave and off - gíid
Slide 5: Sales By Type
Sales By ľype Inveíteís 82% Otheí Píoducts 2% Chaígeís 8% G a s o li ne Geneíatoís 8%
Slide 6: Expansion Timeline
2007 Es t ab li s h e d 2007 Steady D ev e lo p m e n t 2012 M o v e t o 1 5 R o a d , B i nh a i 2019 Staít L i st i n g P l a n 2010 2017 2022 M o v e t o M o v e t o Foímally Wujia 1 1 R oad , B i nha i Submitted Píospectus Expansion ľimeline
Slide 7: Production Workshop
Píoduction Woíkshop 01 02 03 Mateíial SMľ Plug In Welding State of the aít píoduction woíkshop with detailed píocess flow. 04 05 ľesting Assemble 06 A g i n g 07 ľe s ti n g 08 P a c k i n g 09 Inspection 10 W a í e h o us i n g
Slide 8: SMT Workshop
Assembly Lines: 4 SMľ Machines: 8 Reflow Weldeís: 2 AOI Equipment: 2 Píinting Machines: 4 Aíea: Appíox. 3200 m2 Enviíonment: Dust Fíee, Constant ľemp. SMľ Woíkshop
Slide 9: Hardware/Injection Workshop
Injection Molding Machines: 3 Cutting Machines: 2 Punches: 10 Díill Flooís: 5 Aíea: Appíox. 1500 squaíe meteís H a í dwa í e/ Injection Woíkshop
Slide 10: In-House Research & Development Center
In - House Reseaích & De v e l o p m e n t Centeí Awaíded "High - ľech Enteípíise” status by the píovincial goveínment. A q u a li f ic a t io n f o í C h i na ’ s N a t io na l H i g h - ľech Enteípíise Píogíam, and eligibility fo í u p t o a 10 % co í p o í a t e i n co m e t a x b í e a k a n d c
Slide 11: Product Categories
Píoduct Categoíies PSW Inveíteí MSW Inveíteí Batteíy Chaígeí Poweí Station Inveíteí Geneíatoí ľíaditional Geneíatoí Otheí Píoducts
Slide 12: Opportunities In Inverter Market
ľhe inveíteí maíket is píojected to gíow fíom US $13.9 billion in 2020 to US $28.5 billion by 2027; it is expected to gíow at a compound annual gíowth íate of 17.2% fíom 2020 to 2027. Incíeased investments in the íenewable eneígy sectoí and íise in the numbeí of solaí íooftop installations aíe the k
Slide 13: DC-AC Inverter Series
DC - AC Inveíteí Seíies PSW Inveíteí & MSW Inveíteí Automobiles Phones, Cameía, ľablet, Laptop Unique Vehicles CV, Ambulance, Fiíe ľíuck Home & Office Kitchen, Household, Office Equipment Outdooí & Poweí ľools Mobile Poweí & Electíic ľools Leisuíe & ľíavel RV , Y a c h t , C a m p i n g Solaí & Powe
Slide 14: Opportunities In Generator Market
ľhe geneíatoí sales maíket is expected to íeach US $29.3 billion by 2024 , fíom an estimated maíket size of US $22.3 billion in 2019. ľhe gíowth of the demand foí geneíatoí sales can be attíibuted to the incíeasing need to secuíe uninteííupted and íeliable poweí foí end - useís íanging fíom íesident
Slide 15: Portable Inverter Generator Series
Poítable Inveíteí Geneíatoí Seíies Ïíequency Puí e s i n e w av e o u t p u t w i t h ha í m o n i c distoítion of undeí 1% Lightweight S i z e an d w e i g h t a í e 30 % t o 50 % íespectively compaíed Compaíed to conventional geneíatoís Smaít MCU contíols speed, voltage, cuííent, f í e q u e n c y
Slide 16: Current Market Distribution
Cuííent Maíket Distíibution 40 .2 % 15 . 0% 18 . 1% 13 . 4% 9 . 8% 4 . 9% E u ro p e Asian N or th A m e r i c a S o u th A m e r i c a Oceania A f r i c a
Slide 17: Financial Data as of 12/31/21
Ïinancial Data as of 12/31/21 ÏY 2021 ÏY 2020 chg. US $ (audited) US $ (audited) Revenues $18.6M $14.1M 31.9% Gíoss Maígin % 30.7% 27.2% 350 bps. Net Income $3.4M $2.2M 53.4% Cash $5.2M Cash fíom Ope í a t i o n s $4.6M
Slide 18: Engaging Leading Global Customer Brands / Management Team
Engaging Leading Global Customeí Bíands Lingyi Kong CEO, Boaíd Chaiíman, Diíectoí • Cuííently seíving as Chaiíman of the Boaíd of Eíayak Inteínational since inception in July 2018. • Seíved as an Inteínational Business Repíesentative of Zhejiang Real Electíonics Company • Successfully obtained OEM c
Slide 19: Board of Directors
Boaíd of Diíectoís Wang - Ngai Mak Diíectoí Nominee • Cuííently seíving as the Executive Vice Píesident of Baíakah Capital Holdings (M) Sdn. Bhd. since 2011, íesponsible foí píojects evaluation and business development. Has extensive expeíience in business stíategy, coípoíate development and managem
Slide 20: Our Strengths
Ouí Stíengths Píofessional Oveí 15 yeaís inveíteí industíy expeíience Global Ceítification C o m p li a n c e w i t h G S , C E, E - M A R K , RCM, EľL, FCC Innovative M o í e t h a n 20 0 i t e m s t o m ee t d i v e í s e customeí needs Custom Seívices Peísonalized píoduct design and seívice foí s
Slide 21: Thank You
ENERGY. ANYľIME. ANYWHERE. ľHANK YOU ZHEJIANG LEIYA ELECľRONICS CO., LľD. Contact: Liu Wenli ľEL: 0577 - 8682 - 9999 | 1 - 377 - 778 - 0919 FAX: 0577 - 8682 - 2208 | QQ: 2850697038 http://www.eíayak.com E - mail: lwl@eíayak.com
Slide 22: Thank You
RAYAK’ ENERGY. ANYTIME. ANYWHERE THANK YOU ERAYAK POWER SOLUTION GROUP INC. Contact: Liu Wenli TEL: 0577-8682-9999 | 1-377-778-0919 FAX: 0 506! erayak.com
Erayak Power Solution Group — IPO Roadshow (November 2022) on 6ix