[144] DAQO NEW ENERGY CORP. SEC Filing

Rhea-AI Filing Summary

Form 144 notice from Daqo New Energy Corp. (DQ) reports a proposed sale of 8,750 American depositary shares (ADS), each ADS representing 5 ordinary shares. The filing lists an aggregate market value of $265,300.00 for the ADS to be sold on or about 09/25/2025 on the NYSE.

The ADS were acquired on 09/06/2025 under a Share Incentive Plan from Daqo New Energy Corp., with payment recorded on 09/06/2025 and the form notes the securities were issued as Restricted Stock Units. The filer reports no securities sold in the past three months. The filing includes broker details but does not specify the notice date or the identity of the selling person beyond the acquisition source.

Insights

Securities Analyst

TL;DR: Small, routine insider sale filing; not material to company capitalization.

The Form 144 notifies the market of a proposed sale of 8,750 ADS valued at $265,300.00, which is negligible relative to the reported 67,243,161 shares outstanding. The securities were acquired under a Share Incentive Plan and issued as Restricted Stock Units, suggesting this is a planned disposition of compensation-related equity rather than an indication of company-specific operational issues. The absence of any sales in the prior three months reduces concerns about recent insider divestiture patterns. Limited data in the filing prevents further inference about the seller's intent or any trading plan.

Corporate Governance Expert

TL;DR: Procedural disclosure of an incentive-plan-related sale; governance implications are minimal.

The filing documents a compliant Rule 144 notice for ADS derived from Restricted Stock Units awarded under an employee incentive plan. Because the ADS were issued by the company and the amount is small relative to outstanding shares, this appears to be a routine compliance filing. The document lacks a stated notice date and the explicit identity of the selling person, which are common but non-material omissions for market interpretation. No history of recent sales is reported, which limits signals about insider sentiment.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American depositary shares, each representing 5 ordinary shares	The Core Securities Co. Ltd. Ste C, 20F, Standard Charted Bank Bldg 4 Des Voeux Rd Central K3 HONG KONG K3 999077	8750	265300.00	67243161	09/25/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American depositary shares, each representing 5 ordinary shares	09/06/2025	Share Incentive Plan	Daqo New Energy Corp.			8750	09/06/2025	Restricted Stock Unit

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does DQ's Form 144 report?

The filing reports a proposed sale of 8,750 ADS (each ADS represents 5 ordinary shares) with an aggregate market value of $265,300.00, to be sold on or about 09/25/2025 on the NYSE.

How and when were the securities acquired for the DQ Form 144?

The ADS were acquired on 09/06/2025 under a Share Incentive Plan from Daqo New Energy Corp. and were issued as Restricted Stock Units.

Does the DQ filing show other recent sales by the same person?

No. The filing states Nothing to Report for securities sold during the past three months.

What exchange and broker are listed in the DQ Form 144?

The filing lists the NYSE as the exchange and names The Core Securities Co. Ltd. with a Hong Kong address as the broker.

How large is the proposed sale relative to DQ's outstanding shares?

The filing reports 67,243,161 shares outstanding; the proposed 8,750 ADS position is immaterial relative to that outstanding amount.