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Founder Group Limited Class A Ordinary Shares and Erayak Power Solution Group Inc. Class A Ordinary Shares

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Founder Group Limited Class A Ordinary Shares

Founder Group Limited provides engineering, procurement, construction, and commissioning solutions (EPCC) for solar projects and commercial and industrial solar projects in Malaysia. It operates through two segments; Large-scale solar, and Commercial and Industrial. The company offers engineering and design services for solar PV array, including inverters, transformers, and interconnection to the power grid; procurement of construction materials and equipment for the solar PV facilities, including solar PV modules and balance of systems; and construction services, including civil, structural, mechanical, and electrical works, installation, integration of equipment, and interconnection to the power grid. It also provides commissioning, including testing of equipment and systems and testing of the installed solar PV facilities. In addition, the company engages in the installation, testing, and commissioning of photovoltaic modules, inverters, DC cables, and related works; supply of PV mounting structures; piling work; and operation and maintenance services. Founder Group Limited was founded in 2021 and is based in Klang, Malaysia.

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Erayak Power Solution Group Inc. Class A Ordinary Shares

Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products in China, Australia, Poland, the United Kingdom, Germany, and internationally. The company offers sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Its products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. The company was incorporated in 2019 and is based in Wenzhou, the People's Republic of China.

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