Daqo New Energy’s Subsidiary Xinjiang Daqo Provides Preliminary Estimates of its sales volume in the first quarter of 2022

Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, whose subsidiary Xinjiang Daqo New Energy (“Xinjiang Daqo”) has provided preliminary estimates of its sales volume in the first quarter of 2022 to the Shanghai Stock Exchange.

Xinjiang Daqo estimates that its sales volume in the first quarter of 2022 would be in the range of 37,000 MT ~38,000 MT, representing a 72.33%~76.98% increase as compared to 21,471 MT in the first quarter of 2021.

The estimated sales volume described above is based solely on the information currently available to Xinjiang Daqo’s management. Its actual results could vary materially from these preliminary estimates. As a result, investors should exercise caution in relying on this information and should not draw any inferences from this information regarding financial or operating data not provided. In addition, the estimated sales volume is not necessarily indicative of the results to be achieved by Xinjiang Daqo in any future period.

Source: Daqo New Energy Corp.