Welcome to our dedicated page for Daqo New Energy news (Ticker: DQ), a resource for investors and traders seeking the latest updates and insights on Daqo New Energy stock.
Daqo New Energy Corp. (NYSE: DQ) is described by the company as a leading manufacturer of high-purity polysilicon for the global solar photovoltaic (PV) industry. Its news flow reflects both its role in the upstream solar value chain and its status as a foreign private issuer listed in the United States.
On this page, readers can review company-issued news such as quarterly financial and operating results, announcements about upcoming earnings releases and related conference calls, and updates on corporate actions. Recent press releases have covered unaudited first, second and third quarter results for 2025, with details on polysilicon production volume, sales volume, average production and cash costs, and average selling prices, as well as commentary on industry conditions and regulatory developments.
Daqo New Energy also uses news releases to communicate shareholder-related events, including the scheduling of its annual general meeting (AGM) and the availability of its annual report on Form 20-F. In addition, the company has announced a share repurchase program authorized by its board of directors, outlining the size of the program, funding sources and general parameters for potential repurchases.
Another category of updates involves legal and regulatory matters, such as press releases and related Form 6-K filings describing litigation involving its subsidiary Xinjiang Daqo New Energy Co., Ltd. These items summarize court decisions, appeals and potential implications for the subsidiary.
Investors and observers can use this news feed to follow how Daqo New Energy reports on its polysilicon operations, responds to solar PV industry conditions, and communicates with shareholders through AGMs, filings and capital management actions. Regularly checking this page provides a consolidated view of the company’s official announcements and disclosures as they are released.
Daqo New Energy Corp. (NYSE: DQ) will release its unaudited financial results for Q2 2022 on August 3, 2022, before U.S. markets open. A conference call is scheduled for 8:00 AM Eastern Time on the same day, with details provided for participants. Daqo is known for producing high-purity polysilicon for the solar PV industry, possessing a total production capacity of 105,000 metric tons, and is recognized as one of the lowest-cost producers in the sector.
Daqo New Energy Corp. (NYSE: DQ) announced preliminary net profit estimates from its subsidiary, Xinjiang Daqo, for H1 2022, ranging from RMB 9.4 billion to RMB 9.6 billion, reflecting a significant increase of 335% to 344% compared to RMB 2.16 billion in H1 2021. The company had reported RMB 4.31 billion in net profit for Q1 2022. Notably, these figures are based on PRC GAAP and may change upon final reporting. Investors are advised to exercise caution as actual results could vary materially.
Daqo New Energy Corp. (NYSE: DQ) announced through its subsidiary Xinjiang Daqo that it has completed a private offering on the Shanghai Stock Exchange. The offering raised approximately RMB11 billion by issuing 212,396,215 shares, equivalent to 9.94% of total shares outstanding. The shares were priced at RMB51.79 each, allowing Daqo to maintain a significant ownership of 72.68% in Xinjiang Daqo post-offering. This strategic move aims to bolster the company's financial position within the solar PV industry.
Daqo New Energy Corp. (NYSE: DQ) announced that its subsidiary, Xinjiang Daqo, has received approval from the China Securities Regulatory Commission for a private offering in China's A-share market. The company aims to raise up to RMB11 billion, with RMB8 billion earmarked for expanding polysilicon production by 100,000 metric tons in Baotou City, Inner Mongolia. The remaining funds will support working capital. This offering is contingent on market conditions and is valid until May 29, 2023.
Daqo New Energy Corp. (NYSE: DQ) has appointed Mr. Xiang Xu as the Vice Chairman of the board and Mr. Fei Ge as a new director, effective June 8, 2022. Xiang Xu has been a director since the company's IPO, while Fei Ge returns after a prior directorship until February 2013. Guangfu Xu, Chairman, expressed confidence in their leadership abilities to enhance the company's strategic planning and growth prospects. Daqo is a major supplier of high-purity polysilicon for the solar PV industry, with a production capacity of 105,000 metric tons, positioning it as a low-cost leader in the sector.
Daqo New Energy Corp. (NYSE: DQ), a leader in high-purity polysilicon for the solar PV industry, announced a US$120 million share repurchase program, effective from June 1, 2022 to May 31, 2023. The board authorized the repurchase of ordinary shares or American depositary shares in various transactions, without a commitment to acquire specific quantities at set times. This initiative aims to enhance shareholder value and adjust share terms based on ongoing assessments.
Daqo New Energy Corp. (NYSE: DQ) announced that its subsidiary, Xinjiang Daqo, received approval from the Shanghai Stock Exchange for a private offering in China’s A-share market. The company aims to raise up to RMB11 billion, with approximately RMB8 billion earmarked for a 100,000 metric ton polysilicon expansion project in Baotou City, Inner Mongolia. The remaining funds will support working capital needs. This initiative is pending market conditions and further approval from the China Securities Regulatory Commission.
Daqo New Energy Corp. (NYSE: DQ) reported its best-ever first quarter results for 2022, with revenues of $1,280.3 million, up from $395.5 million in Q4 2021. Polysilicon production rose to 31,383 MT, a 33% increase, and sales volume surged to 38,839 MT. Average total production cost dropped to $10.09/kg from $14.11/kg, while net income reached $535.8 million, compared to $141.3 million previously. Daqo forecasts second-quarter production between 32,000 MT and 34,000 MT.
Daqo New Energy Corp. (NYSE: DQ) announced that it has been identified by the SEC under the Holding Foreign Companies Accountable Act (HFCAA) as of April 12, 2022. This identification stems from the company's use of an auditor whose working papers cannot be fully inspected by the PCAOB. If this situation continues, Daqo's American depositary shares could be delisted from the NYSE in early 2024. The company is actively seeking solutions to protect stakeholders' interests and remains compliant with regulations in China and the U.S.
Daqo New Energy Corp. (NYSE: DQ) will release its unaudited financial results for Q1 2022, ending March 31, 2022, before U.S. markets open on April 21, 2022. A conference call is scheduled for 8:00 AM U.S. Eastern Time the same day to discuss the results. Daqo, a leading polysilicon manufacturer for the solar PV industry, boasts a total nameplate capacity of 105,000 metric tons and is recognized as one of the lowest-cost producers. Investors can access the earnings call via dial-in numbers or a webcast.