Daqo New Energy to Announce Unaudited Second Quarter 2019 Results on August 14, 2019

Aug 01, 2019

Shihezi,China, August 1, 2019 -- Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy” orthe “Company”), a leading manufacturer of high-purity polysilicon for the globalsolar PV industry, today announced that it plans to release its unaudited financial results for the second quarter 2019 ended June 30, 2019 before the U.S. markets open on Wednesday, August 14,2019.

The Company has scheduled a conference call to discuss the resultsat 8:00 AM U.S. Eastern Time on August 14, 2019 (8:00 PM Beijing / Hong Kong time on the same day).

The dial-in details for theearnings conference call are as follows:

Participant dial in (U.S. toll free): +1-888-346-8982

Participant international dial in: +1-412-902-4272

China mainland toll free: 4001-201203

Hong Kong toll free: 800-905945

Hong Kong local dial in: +852-301-84992

Please dial in 10 minutes before the call is scheduled to begin and ask to join the Daqo New Energy Corp. call.

A replay of the call will be available 1 hour after the conclusion of the conference call through August 21, 2019. The dial in details forthe conference call replay are as follows:

U.S. toll free: +1-877-344-7529

International dial in: +1-412-317-0088

Canada toll free: 855-669-9658

Replay access code: 10134106

To access the replay through an international dial-innumber, please select the link below.

https://services.choruscall.com/ccforms/replay.html

Participants will be asked to provide their name and company name upon entering the call.

Safe Harbor Statement

This announcement containsforward-looking statements. These statements are made under the “safe harbor”provisions of the U.S. Private Securities Litigation Reform Act of 1995. Theseforward-looking statements can be identified by terminology such as “will,”“expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates”and similar statements. Among other things, Daqo’s strategic and operationalplans in this announcement contain forward-looking statements. The Company mayalso make written or oral forward-looking statements in its reports filed orfurnished to the U.S. Securities and Exchange Commission, in its annual reportsto shareholders, in press releases and other written materials and in oralstatements made by its officers, directors or employees to third parties.Statements that are not historical facts, including statements about theCompany’s beliefs and expectations, are forward-looking statements.Forward-looking statements involve inherent risks and uncertainties. A number offactors could cause actual results to differ materially from those contained inany forward-looking statement, including but not limited to the following: thedemand for photovoltaic products and the development of photovoltaictechnologies; global supply and demand for polysilicon; alternativetechnologies in cell manufacturing; the Company’s ability to significantlyexpand its polysilicon production capacity and output; the reduction in orelimination of government subsidies and economic incentives for solar energyapplications; and the Company’s ability to lower its production costs. Furtherinformation regarding these and other risks is included in the reports ordocuments that the Company has filed with, or furnished to, the U.S. Securitiesand Exchange Commission. All information provided in this press release is asof the date hereof, and the Company undertakes no duty to update suchinformation or any forward-looking statement, except as required underapplicable law.

About Daqo New Energy Corp.

Daqo New Energy Corp.(NYSE: DQ) (“Daqo” or the “Company) is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2008, the Company is one of the world's lowest cost producers of high-purity polysilicon. Daqo’shighly-efficient and technically advanced manufacturing facility in Xinjiang,China currently has an annual polysilicon production capacity of 35,000 metrictons, and the Company is undergoing a capacity expansion project and expects to increase its annual polysilicon production capacity to 70,000 metric tons inthe first quarter of 2020.