Daqo New Energy Announces its Phase 5B Polysilicon Expansion Project in Inner Mongolia to Increase Production Capacity to 305,000 MT by Year End 2023 SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy” or the “Company”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its Phase […]
SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy,” the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its board of directors has approved a US$700 million share repurchase program, effective from November 7, 2022 to December 31, 2023. The board of directors […]
SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that the Company’s board of directors has approved its 2022 share incentive plan in order to attract and retain the best available talents and provide additional […]
Shanghai, China : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the second quarter of 2022. Second Quarter 2022 Financial and Operating Highlights Polysilicon production volume was 35,326 MT in Q2 […]
SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy,” the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its board of directors has approved a US$120 million share repurchase program, effective for one year from June 1, 2022 to May 31, 2023. The […]
Daqo New Energy reported $1.28 billion revenues in Q1/2022, having grown more than 3 times from the previous quarter It sold 38,839 MT during the quarter, partially offsetting impact of lower ASPs during the period Management has guided to produce 32,000 MT to 34,000 MT in Q2/2022, and between 120,000 MT to 125,000 MT in […]
Daqo New Energy’s name has cropped up in a list of companies identified by the US SEC under HFCAA It means the company could be delisted from the US stock exchange by early 2024 if the PCAOB is unable to inspect Daqo auditor’s working paper Daqo said it is actively exploring possible solutions and will […]
Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy” or the “Company”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the first quarter of 2022 ended March 31, 2022 before U.S. markets open on Thursday, April 21, 2022. The Company […]
SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that the Company’s major operational subsidiary, Xinjiang Daqo New Energy (“Xinjiang Daqo”), has completed its IPO process and started trading on the Shanghai Stock Exchange’s Sci-Tech […]
Bernreuter Research predicts that the world’s top four largest polysilicon manufacturers in the year 2022 will be based in China. Wacker Chemie became number one globally after inaugurating its third polysilicon plant in the U.S. state of Tennessee in 2016. It lost its top position in the year 2020. Tongwei will reach a total capacity […]