(English) Daqo New Energy Provides Preliminary Estimates of Revenue and Net Profit for Its Subsidiary and Updates Guidance for 2020

SHANGHAI, Jan. 26, 2021 /PRNewswire/ — 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, announced that its subsidiary Xinjiang Daqo New Energy («Xinjiang Daqo») had provided estimates of its revenue and net profit in 2020 to the Shanghai Stock Exchange upon its request during the process of Xinjiang Daqo’s application for an initial public offering («IPO») on the Shanghai Stock…