The meanwell 350-48 has a max of 48v and 7 Amps output so you can split those 7 amps up into different boards for your ldds with running them parallel.
How many groups of the 5 leds are you wanting to power total? Do you have a link for the leds you’re using? One power supply is more than enough for a group of 5 leds for how you have it arranged above.
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