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Daqo New Energy Corp. American Depositary Shares (each representing 5 Ordinary Shares) - $DQ STOCK NEWS

Welcome to our dedicated page for Daqo New Energy American Depositary Shares (each representing 5 Ordinary Shares) news (Ticker: $DQ), a resource for investors and traders seeking the latest updates and insights on Daqo New Energy American Depositary Shares (each representing 5 Ordinary Shares) stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Daqo New Energy American Depositary Shares (each representing 5 Ordinary Shares)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Daqo New Energy American Depositary Shares (each representing 5 Ordinary Shares)'s position in the market.

News
Daqo New Energy Announces Unaudited Third Quarter 2023 Results
Rhea-AI Summary
Daqo New Energy Corp. announces unaudited financial results for Q3 2023. Polysilicon production volume increased by 27% compared to Q2 2023. Revenue was $484.8 million, gross profit was $67.8 million, and net loss attributable to Daqo New Energy Corp. shareholders was $6.3 million. Adjusted net income was $44.0 million. The company expects to produce approximately 59,000-62,000 MT of polysilicon in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.87%
Tags
earnings
-
News
Daqo New Energy to Announce Unaudited Results for the Third Quarter of 2023 on October 30, 2023
Rhea-AI Summary
Daqo New Energy Corp. plans to release its unaudited financial results for Q3 2023 on October 30, 2023. A conference call to discuss the results will be held on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.31%
Tags
earnings
-
News
Daqo New Energy Releases Labor Due Diligence Report
Rhea-AI Summary
Daqo New Energy Corp. releases labor due diligence report confirming no evidence of forced labor or child labor, leading to positive impact on stock price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
none
News
Daqo New Energy Corp. to Hold Annual General Meeting on October 20, 2023
Rhea-AI Summary
Daqo New Energy Corp. to hold annual general meeting on October 20, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
none
-
News
Daqo New Energy Provides Update on its USD$700 Million Share Repurchase Program
Rhea-AI Summary
Daqo New Energy Corp. provides an update on its $700 million share repurchase program. As of today, approximately 43.1% of the authorized repurchase amount has been executed, with 7.28 million ADSs repurchased for $301.7 million. The average cost per ADS was $41.42. The Chairman and CEO, Xiang Xu, stated that the company will continue to buy back ADSs when they are trading below expectations. The company's balance sheet and liquidity positions are strong, with a cash balance of $3.2 billion and a combined cash and bank note receivable balance of $4.0 billion. The upper limit of the share repurchase program remains unchanged at $700 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
buyback
-
News
Daqo New Energy's Subsidiary Xinjiang Daqo Announced its Share Repurchase Program for 2023
Rhea-AI Summary
Daqo New Energy's subsidiary, Xinjiang Daqo, has approved a share repurchase program worth RMB200 million to RMB400 million, allowing the repurchase of less than 0.4% of outstanding shares. The repurchased shares will be used for share incentive plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
buyback
News
Daqo New Energy Issues Its 2022 Environmental, Social and Governance (ESG) Report
Rhea-AI Summary
Daqo New Energy Corp. (NYSE: DQ) released its 2022 Environmental, Social and Governance (ESG) report, emphasizing corporate governance, innovation, R&D, employee rights protection, environmental sustainability, and social responsibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
none
-
News
Daqo New Energy Announces Leadership Changes
Rhea-AI Summary
Daqo New Energy Corp. announces the resignation of Chairman and Founder Guangfu Xu and CEO Longgen Zhang, and the appointment of Xiang Xu as the new Chairman and CEO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.74%
Tags
management
-
News
Daqo New Energy Announces Unaudited Second Quarter 2023 Results
Rhea-AI Summary
Daqo New Energy Corp. announces unaudited financial results for Q2 2023. Polysilicon production volume increased to 45,306 MT, while sales volume increased to 51,550 MT. Average total production cost decreased to $6.92/kg, and average cash cost decreased to $6.05/kg. Revenue was $636.7 million, gross profit was $258.9 million, and net income attributable to Daqo New Energy Corp. shareholders was $103.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.74%
Tags
earnings
News
Daqo New Energy Announces Appointment of Independent Director
Rhea-AI Summary
Daqo New Energy Corp. appoints Mr. Guoqing Chen as an independent director, giving the company an independent majority on its board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
Tags
management
Stock DQ logo
Daqo New Energy Corp. American Depositary Shares (each representing 5 Ordinary Shares)

NYSE:DQ

DQ Rankings

#2318 Ranked by Market Cap
#4582 Ranked by Stock Gains
N/A Ranked by Dividends

DQ Stock Data

1.18B
229.29M
12.19%
43.62%
5.87%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
Chongqing

About DQ

daqo new energy corp. (nyse: dq) is a leading poly-silicon manufacturer based in china and aims to become a vertically integrated photovoltaic (pv) product manufacturer. with an installed annual production capacity of 3,300 metric tons (mt) as of june 30, 2010, we believe we are one of the largest polysilicon manufacturers in china. we plan to increase our annual production capacity to 7,300 mt by the end of 2012 by adding a phase 2 production line. we manufacture and sell high-quality polysilicon to photovoltaic product manufacturers, who further process our polysilicon into ingots, wafers, cells and modules for solar power solutions. we have started expanding downstream into the wafer manufacturing business and are ramping up our module manufacturing business. we have established a 200mw photovoltaic module manufacturing facility in nanjing, china. we aim to develop, manufacture and sell high quality and cost-effective photovoltaic modules to a wide range of markets around the world.