Who are Erayak Power Solution Group Inc.'s major customers?

Erayak Power Solution Group Inc. (RAYA) key customers include: CUSTOMER1, CUSTOMER2, CUSTOMER3, EINHELL-GERMANY-AG-CANADIAN-TIRE-CORPORATION-LIM, STEREN-ELECTRONICS-INTERNATIONAL-LLC and 1 more. View the full customer network at chainsifter.com/chain/RAYA.

What sector is Erayak Power Solution Group Inc. in?

Erayak Power Solution Group Inc. (RAYA) operates in the general sector. ChainSifter tracks its verified supply chain relationships including suppliers, customers, and strategic partners.

RAYA Supply Chain: Erayak Power Solution Group Inc. Suppliers & Customers

0Suppliers

6Customers

1Debt Items

0Related Chains

Erayak Power Solution Group Inc. Suppliers

No suppliers on recordErayak Power Solution Group Inc. has not yet been matched to upstream suppliers in our database, or is still being processed.

Erayak Power Solution Group Inc. Customers

Ticker	Name	Confidence	Evidence
CUSTOMER1	CUSTOMER1	90%	During the fiscal year ended December 31, 2024, we sold a substantial portion of products to one customer (21.50% of total revenues)
CUSTOMER2	CUSTOMER2	85%	Other significant concentration of accounts receivable included another customer, who accounted for 14.51% of total accounts receivable for the fiscal year ended December 31, 2024
CUSTOMER3	CUSTOMER3	85%	During the fiscal year ended December 31, 2023, we sold a substantial portion of products to one customer (11.99% of total revenues)
EINHELL-GERMANY-AG-CANADIAN-TIRE-CORPORATION-LIM	EINHELL-GERMANY-AG-CANADIAN-TIRE-CORPORATION-LIM	85%	e of the business. Furthermore, we are a supplier for many international companies, including Einhell Germany AG, Canadian Tire Corporation Limited, Steren Electronics International, LLC, etc. Zhejia…
STEREN-ELECTRONICS-INTERNATIONAL-LLC	STEREN-ELECTRONICS-INTERNATIONAL-LLC	85%	. Furthermore, we are a supplier for many international companies, including Einhell Germany AG, Canadian Tire Corporation Limited, ALDI Inc., Steren Electronics International, LLC, etc. 88 Table of …
CUSTOMER4	CUSTOMER4	80%	which included four customers who accounted for 25.19%, 20.59%, 11.73% and 10.28%, respectively, of the total accounts receivable for the fiscal year ended December 31, 2023

Erayak Power Solution Group Inc. Debt Obligations

Instrument	Description	Confidence	Evidence
RAYA-DEBT	Debt stack $13.2M	90%	Market cache reports total debt of $13.2M.

Erayak Power Solution Group Inc. Acquisitions

No acquisitions on recordNo completed or pending acquisitions found in our database for Erayak Power Solution Group Inc..

Erayak Power Solution Group Inc. Ownership

Holder	Name	Confidence	Evidence
RAYA-OWNER-SMARTHARVEST-PORTFOLIOS-LLC	Smartharvest Portfolios, LLC	95%	13F/ownership overlay lists Smartharvest Portfolios, LLC; shares held 16,957; ownership 1.99%; value $6,782; as of 2025-12-31.
RAYA-OWNER-UBS-GROUP-AG	UBS Group AG	95%	13F/ownership overlay lists UBS Group AG; shares held 228; value $902; as of 2026-03-31.
RAYA-OWNER-CITIGROUP-INC	Citigroup Inc.	95%	13F/ownership overlay lists Citigroup Inc.; shares held 1; as of 2025-12-31.

Erayak Power Solution Group Inc. Extended Supply Chain Network

No secondary connectionsNo correlated companies found through shared supply chain relationships.

Erayak Power Solution Group Inc. Supply Chain