Daqo New Energy Corp.

Daqo New Energy Corp. manufactures and sells polysilicon, a key raw material used in the production of photovoltaic (solar) products. The company supplies ready-to-use polysilicon that is packaged to meet specific requirements for crucible stacking, pulling, and solidification processes. Its polysilicon is used by manufacturers to produce ingots, wafers, cells, and modules for solar power solutions. Daqo New Energy primarily serves customers in the People's Republic of China, which is the world's largest solar market. The company was founded in 2007 and is headquartered in Shanghai, China.

Daqo New Energy Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol DQ. The company's shares trade in US dollars (USD), making it accessible to international investors. As a US-listed company with operations in China, Daqo New Energy provides exposure to the Chinese solar supply chain through a US exchange. The company's financial reporting is also conducted in US dollars, aligning with its listing currency.

Daqo New Energy Corp. operates in the Technology sector, specifically within the Semiconductor Equipment & Materials industry. Although the company's primary product is polysilicon for solar panels, the industry classification reflects the high-tech manufacturing processes involved in producing semiconductor-grade materials. Polysilicon is a critical component in both solar cells and semiconductor devices, and Daqo's production methods require advanced chemical and metallurgical expertise. This classification distinguishes Daqo from pure solar panel manufacturers and highlights its role as a materials supplier in the renewable energy supply chain.

Daqo New Energy Corp. is headquartered in Shanghai, the People's Republic of China. The company was founded in 2007 and originally operated under the name Mega Stand International Limited before rebranding to Daqo New Energy in August 2009. Its primary market is the People's Republic of China, where it sells polysilicon to photovoltaic product manufacturers. While the company's operations are focused on China, its listing on the NYSE provides visibility to global investors. The Chinese solar market is the largest in the world, and Daqo benefits from strong domestic demand for solar energy components.

Daqo New Energy Corp. generates revenue by manufacturing and selling polysilicon to photovoltaic product manufacturers. The company produces ready-to-use polysilicon that is packaged to meet specific customer requirements for crucible stacking, pulling, and solidification processes. Its customers use this polysilicon to produce ingots, wafers, cells, and modules for solar power solutions. Daqo's business model is centered on being a key upstream supplier in the solar supply chain. By focusing on polysilicon production, the company avoids direct competition with solar panel assemblers and instead benefits from overall growth in solar energy adoption. Its revenue is primarily derived from sales in the People's Republic of China.