Daqo New Energy Corp. (NYSE: DQ) (“Daqo” or
the “Company”) is a leading manufacturer of high-purity polysilicon for the
global solar PV industry. Founded in 2008, the Company is one of the world’s
lowest cost producers of high-purity polysilicon. Daqo’s highly-efficient and
technically advanced manufacturing facility in Xinjiang, China currently has a
nameplate annual polysilicon production capacity of 70,000 metric tons.