Daqo New Energy

Daqo New Energy Corp. is a holding company, which engages in the provision of polysilicon products. It involves in the manufacture and sale of polysilicon to photovoltaic product manufactures, who further process the polysilicon into ingots, wafers, cells, and modules for solar power solutions. The company was founded by Guang Fu Xu on November 22, 2007 and is headquartered in Shanghai, China.

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Daqo New Energy (DQ) excels in 2022, poised for growth

Daqo New Energy delivered exceptional financial performance in 2022, driven by record polysilicon production and sales.
The company's strategic strengths lie in its market positioning, capacity expansion projects, and commitment to shareholder value.
Challenges include regulatory investigations, cost management, and balancing growth investments with shareholder returns.
Opportunities for Daqo New Energy include project completions, cost reductions, undervalued shares, and global market growth.

Daqo New Energy (DQ) reports robust Q1 earnings and growth outlook

Daqo New Energy (DQ) showcased solid operational and financial performance in Q1 2023, with a focus on expanding production capacity and enhancing shareholder value through share repurchases and dividends.
While facing challenges related to market dynamics and production constraints, the company's strategic focus on high-quality polysilicon and efficient operations positions it well to capitalize on growth opportunities in the solar PV industry.
Management's prudent financial management, strong margins, and strategic initiatives underscore Daqo New Energy's (DQ) resilience and potential for sustained growth in the evolving renewable energy market.

Daqo New Energy excels in Q2 amidst polysilicon industry challenges

Daqo New Energy's Q2 2023 performance reflects operational strength and resilience amidst industry challenges, with a focus on high-purity polysilicon production.
The company's financial stability, production scalability, and strategic positioning in the solar PV market present opportunities for growth and differentiation.
While facing pricing pressures and short-term cash flow challenges, Daqo remains committed to executing its share buyback program and enhancing operational efficiency.

Daqo New Energy reports strong Q3 performance amidst market challenges

Daqo New Energy (DQ) delivered a solid performance in Q3 2023, with strong production growth and financial stability.
While facing challenges such as grid issues and increased expenses, the company is well-positioned to leverage opportunities in the renewable energy market.
With a focus on cost management, quality, and shareholder value enhancement, Daqo New Energy remains optimistic about its future prospects.
Investors should monitor the company's operational efficiency, market dynamics, and strategic initiatives for long-term growth potential.

Daqo New Energy reports robust 2023 earnings amidst market opportunities

Daqo New Energy delivered strong financial performance in 2023, showcasing growth in production volume and robust revenue figures despite market challenges.
The company's strategic focus on N-type products, cost reduction through AI integration, and prudent financial management position it well for future opportunities.
While facing challenges such as fluctuating poly prices and capital allocation decisions, Daqo New Energy remains resilient and poised to capitalize on market trends.

Daqo New Energy (DQ) reports strong Q1 performance amidst market challenges

Daqo New Energy (DQ) demonstrated solid operational performance and financial strength in Q1 2024, despite facing revenue and margin challenges.
The company's prudent capital management and focus on production volume position it well for future growth opportunities.
Insights on market conditions and industry challenges underscore the company's proactive approach to navigating the evolving landscape.

Daqo New Energy reports Q2 losses, maintains resilience amid challenges

Daqo New Energy faced financial challenges in Q2 2024 due to inventory impairment, resulting in significant losses, but maintained strong liquidity and operational efficiency.
The company's adaptability in adjusting production targets and focus on N-type product mix improvements demonstrate resilience amidst industry headwinds.
While navigating operational and financial hurdles, Daqo New Energy has opportunities to optimize strategies, align operations with market dynamics, and drive sustainable growth.

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SHANGHAI, June 1 , 2021 /PRNewswire/ -- 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, is in the process of applying for an initial public offering ("IPO") of the Company's major operational subsidiary, Xinjiang Daqo New Energy ("Xinjiang Daqo"), on the Shanghai Stock Exchange's Sci-Tech innovation board. The application documents of the IPO were submitted by the Shanghai Stock Exchange to the China Securities Regulatory Commission for registration on May 28.

Daqo's subsidiary Xinjiang Daqo Starts IPO Registration with China Securities Regulatory Commission and Provides Preliminary Estimates of Revenue and Net Profit for Q2 2021

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Daqo New Energy (DQ) has been struggling lately, but the selling pressure may be coming to an end soon

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The shares of Daqo New Energy Corp. (NYSE: DQ) have received a price target decrease from $97 to $70 by Roth Capital. These are the details.

Daqo New Energy (DQ) Stock: $70 Target By Roth Capital

Higher year over year polysilicon average selling price and sales volumes drive Daqo New Energy's (DQ) top line in Q1.

Daqo New Energy (DQ) Q1 Earnings and Sales Top Estimates

Daqo New Energy's (DQ) CEO Longgen Zhang on Q1 2021 Results - Earnings Call Transcript

Shares of Daqo New Energy (NYSE:DQ) rose 1.6% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 54.09% over the past year to $1.18, which missed the estimate of $1.19.

Recap: Daqo New Energy Q1 Earnings

SHANGHAI, May 18, 2021 /PRNewswire/ -- 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 first quarter of 2021. First Quarter 2021 Financial and Operating Highlights Polysilicon production volume was 20,185 MT in Q1 2021, compared to 21,008 MT in Q4 2020 Polysilicon sales volume was 21,471 MT in Q1 2021, compared to 23,186 MT in Q4 2020 Polysilicon average total production cost(1) was $6.29/kg in Q1 2021, compared to $5.92/kg in Q4 2020 Polysilicon average cash cost(1) was $5.37/kg in Q1 2021, compared to $5.04/kg in Q4 2020 Polysilicon average selling price (ASP) was $11.90/kg in Q1 2021, compared to $10.79/kg in Q4 2020 Revenue was $256.1 million in Q1 2021, compared to $247.7 million in Q4 2020 Gross profit was $118.9 million in Q1 2021, compared to $109.5 million in Q4 2020.

Daqo New Energy Announces Unaudited First Quarter 2021 Results

Daqo New Energy (NYSE:DQ) will be releasing its next round of earnings this Tuesday, May 18. For all of the relevant information, here is your guide for Tuesday's Q1 earnings announcement.

Preview: Daqo New Energy's Earnings

Daqo shares have held up relatively better than sector peers, but overall market weakness could continue to put short-term pressure on the stock. Anti-China sentiment, specifically regarding Xinjiang where Daqo's polysilicon plant resides, could result in short-term negative news flow.

Daqo New Energy: Extremely Attractive Despite Short-Term Negativity

Daqo New Energy's (DQ) Q1 results are expected to reflect the benefits of strong volumes, higher average selling prices and its actions to improve its cost structure.

Daqo New Energy (DQ) to Post Q1 Earnings: What's in the Cards?

SHANGHAI, May 12, 2021 /PRNewswire/ -- 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 subsidiary Xinjiang Daqo New Energy had signed long-term high-purity polysilicon supply agreements with a subsidiary of JA Solar (SZ:002459). Under the supply agreement with JA Solar, Daqo New Energy will provide JA Solar with high-purity mono-grade polysilicon in a total amount of approximately 78,200 MT between July 2021 and December 2025.

Daqo New Energy Announces Long-Term High-Purity Polysilicon Supply Agreements with JA Solar

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SHIHEZI, China, May 11, 2021 /PRNewswire/ -- 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 hosted a field trip to its polysilicon facility in Shihezi City, Xinjiang Uyghur Autonomous Region for institutional investors and solar industry analysts. Solar industry analysts from Credit Suisse, CICC, Goldman Sachs, HSBC, JP Morgan and seven institutional investors joined the in-person tour of the Company's state-of-the-art facilities.

Daqo New Energy Hosts Site Visit at Xinjiang Production Facility

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SHANGHAI, May 7, 2021 /PRNewswire/ -- 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 2021 ended March 31 , 2021 before U.S. markets open on Tuesday, May 18, 2021. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on May 18, 2021 (8:00 PM Beijing / Hong Kong time on the same day).

Daqo New Energy to Announce Unaudited First Quarter 2021 Results on May 18, 2021

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Daqo (DQ) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Daqo (DQ) Stock Jumps 14.3%: Will It Continue to Soar?

SHANGHAI, April 22, 2021 /PRNewswire/ -- 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 it filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, which contains the Company's audited consolidated financial statements, with the Securities and Exchange Commission (the "SEC") on April 22, 2021. The annual report on Form 20-F can be accessed and downloaded from the SEC's website at www.sec.gov or through the investor relations section of the Company's website at http://ir.xjdqsolar.com/.

Daqo New Energy Files Annual Report on Form 20-F for Fiscal Year 2020

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