Daqo new energy's subsidiary xinjiang daqo completes its ipo process and starts trading on the shanghai stock exchange

Shanghai, july 22, 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, today announced that the company's major operational subsidiary, xinjiang daqo new energy ("xinjiang daqo"), has completed its ipo process and started trading on the shanghai stock exchange's sci-tech innovation board (sse, code: 688303) on 22 july, 2021. xinjiang daqo has issued 300,000,000 shares representing approximately 15.58% of the total 1,925,000,000 shares outstanding after the ipo.
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