Daqo New Energy Announces Appointment of New Independent Director

Tue Dec 25, 2012 6:00am EST

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CHONGQING, China,  Dec. 25, 2012  /PRNewswire/ -- Daqo New Energy Corp. (NYSE:
DQ) ("Daqo New Energy" or the "Company"), a leading polysilicon manufacturer
based in  China, today announced the appointment of Mr.  Arthur Wong  as an
independent director. Mr. Wong will also serve as the chair for the Company's
Audit Committee, a member of the Compensation Committee and a member of the
Corporate Governance and Nominating Committee. Mr. Wong's appointment becomes
effective on  December 24, 2012.  

Mr.  Arthur Wong  currently serves as an independent director for VisionChina
Media Inc. and China Automotive Systems, Inc., both listed on the NASDAQ, and
Besunyen Holdings Company Limited, a company listed on the Hong Kong Stock
Exchange. From 2008 to 2012, Mr. Wong served as Chief Financial Officer for Asia
New-Energy, Nobao Renewable Energy and GreenTree Inns Hotel Management Group
sequentially. From 1982 to 2008, Mr. Wong worked for Deloitte Touche Tohmatsu,
in  Hong Kong,  San Jose  and  Beijing  over various periods of time, most
recently as a partner in the  Beijing  office. Mr. Wong received a bachelor's
degree in applied economics from the  University of San Francisco  and a higher
diploma of accountancy from Hong Kong Polytechnic University. He is a member of
the American Institute of Certified Public Accountants and the Hong Kong
Institute of Certified Public Accountants.

Mr. Wong replaces Dr.  Daqing Qi, who resigned from the Board of the Company for
personal reasons. Dr. Qi's decision is not the result of any dispute or
disagreement with the Company or its Board on any matter relating to the
Company's operations, policies or practices.

Mr.  Guangfu Xu, Daqo New Energy 's Chairman, commented, "We very much
appreciate Dr. Qi's contribution on our board. We are also pleased to have Mr.
Wong joining our board. We believe that his extensive experience in finance and
corporate governance will add great value to the Company."

About Daqo New Energy Corp.

Daqo New Energy Corp. (NYSE: DQ) is a leading polysilicon manufacturer based in 
China. Daqo New Energy primarily manufactures and sells high-quality polysilicon
to photovoltaic product manufacturers. It also manufactures and sells
photovoltaic wafers. For more information about Daqo New Energy, please visit 
www.dqsolar.com.

For further information, please contact:  

Daqo New Energy Corp.
Kevin He, Investor Relations
+86-23-6486-6556
Kevin.he@daqo.com

SOURCE  Chongqing Daqo New Energy Co., Ltd.
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