Erayak Power Solution Group Inc.

NasdaqCM:RAYA Stock Report

Market Cap: US$7.7m

Erayak Power Solution Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Cory Kong

Chief executive officer

US$29.3k

Total compensation

CEO salary percentage100.0%
CEO tenure5.8yrs
CEO ownership58.3%
Management average tenureno data
Board average tenure1.3yrs

Recent management updates

Recent updates

Erayak Power Solution Group (NASDAQ:RAYA) Will Want To Turn Around Its Return Trends

Mar 09
Erayak Power Solution Group (NASDAQ:RAYA) Will Want To Turn Around Its Return Trends

Lacklustre Performance Is Driving Erayak Power Solution Group Inc.'s (NASDAQ:RAYA) 25% Price Drop

Jul 20
Lacklustre Performance Is Driving Erayak Power Solution Group Inc.'s (NASDAQ:RAYA) 25% Price Drop

CEO Compensation Analysis

How has Cory Kong's remuneration changed compared to Erayak Power Solution Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$29kUS$29k

US$1m

Sep 30 2023n/an/a

US$1m

Jun 30 2023n/an/a

US$2m

Mar 31 2023n/an/a

US$3m

Dec 31 2022US$29kUS$29k

US$3m

Sep 30 2022n/an/a

US$4m

Jun 30 2022n/an/a

US$4m

Mar 31 2022n/an/a

US$4m

Dec 31 2021US$29kUS$29k

US$3m

Sep 30 2021n/an/a

US$3m

Jun 30 2021n/an/a

US$3m

Mar 31 2021n/an/a

US$3m

Dec 31 2020US$12kUS$12k

US$2m

Compensation vs Market: Cory's total compensation ($USD29.30K) is below average for companies of similar size in the US market ($USD667.11K).

Compensation vs Earnings: Cory's compensation has been consistent with company performance over the past year.


CEO

Cory Kong (28 yo)

5.8yrs

Tenure

US$29,303

Compensation

Mr. Lingyi Kong, also known as Cory, serves as Chairman of the Board and Chief Executive Officer at Erayak Power Solution Group Inc. since July 2018. In 2018, Mr. Kong graduated from Ningbo University with...


Board Members

NamePositionTenureCompensationOwnership
Lingyi Kong
Chairman & CEO5.8yrsUS$29.30k58.33%
$ 4.5m
Jing Chen
Independent Director1.3yrsno datano data
Wang-Ngai Mak
Director1.3yrsno data16.67%
$ 1.3m
Jizhou Hou
Independent Director1.3yrsno datano data
Tsang Sheung
Independent Directorless than a yearno datano data

1.3yrs

Average Tenure

52yo

Average Age

Experienced Board: RAYA's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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