Profile: Daqo New Energy Corp (DQ)
26 May 2017
Daqo New Energy Corp., incorporated on November 22, 2007, is a polysilicon manufacturer. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company's segments include Polysilicon and Wafer. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The Company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling and solidification needs. The Company offers wafers through its downstream photovoltaic product manufacturing business. The Company also provides wafer original equipment manufacturer (OEM) service to external customers through tolling agreements by processing polysilicon to produce ingot and wafer.
The Company's annual capacity for polysilicon is approximately 12,150 metric tons (MT) in Xinjiang. The Company's wafer manufacturing annual capacity is approximately 90 million pieces. The Company's operations are located in Chongqing and Xinjiang, which are in southwestern and northwestern China, respectively.
The Company competes with Hemlock, Wacker, OCI, REC, MEMC, GCL-Poly, Xinte Energy Co., Ltd., Asia Silicon Co., Ltd., China Silicon Corporation and Yongxiang Co., Ltd.
Daqo New Energy Corp
666 Longdu Avenue
CHONGQING CHO 404000