Daqo New Energy (NYSE: DQ) director details direct and indirect stake

Rhea-AI Filing Summary

Daqo New Energy Corp. director Shi Dafeng filed an initial ownership report showing substantial holdings in the company. He directly holds 4,851,775 ordinary shares, represented by American depositary shares. He also has indirect ownership of 3,449,584 ordinary shares through Lucky Prosper Investments Limited, which he wholly owns and controls.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Shi Dafeng

(Last) (First) (Middle)

C/O NO. 66, DAQUAN ROAD

(Street)

YANGZHONG F4 212211

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/13/2026

3. Issuer Name and Ticker or Trading Symbol
DAQO NEW ENERGY CORP. [ DQ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary shares (represented by American depositary shares)	4,851,775	D
Ordinary shares	3,449,584	I(1)	By Lucky Prosper Investments Limited

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares are owned directly by Lucky Prosper Investments Limited, a British Virgin Islands company wholly owned and controlled by Mr. Dafeng Shi.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Ming Yang, Attorney-in-Fact for Dafeng Shi	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What does Daqo New Energy (DQ) director Shi Dafeng report on this Form 3?

The Form 3 shows Shi Dafeng’s initial ownership in Daqo New Energy. He reports both direct holdings in ordinary shares represented by ADSs and indirect holdings through a wholly owned company, establishing his disclosed stake at the time of filing.

How many Daqo New Energy (DQ) shares does Shi Dafeng hold directly?

Shi Dafeng reports 4,851,775 ordinary shares held directly, represented by American depositary shares. This number reflects his direct ownership position following the reporting date, as disclosed in the insider ownership statement.

What is Lucky Prosper Investments Limited’s role in Daqo New Energy (DQ) ownership?

Lucky Prosper Investments Limited holds 3,449,584 ordinary shares of Daqo New Energy. The company is wholly owned and controlled by Shi Dafeng, so these shares are reported as his indirect ownership in the filing.

Does this Daqo New Energy (DQ) Form 3 show any insider buying or selling?

The filing does not report any buy or sell transactions. It is an initial ownership statement listing existing direct and indirect holdings in Daqo New Energy rather than recording new market trades.

Why is Form 3 important for Daqo New Energy (DQ) investors?

Form 3 gives investors a baseline view of insider ownership when a director or key insider becomes reportable. It shows how many shares are held directly and through controlled entities, helping assess insider alignment with shareholders.