Daqo new energy's subsidiary xinjiang daqo successfully completes its private offering on the shanghai stock exchange

Shanghai , july 6, 2022 /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"), had successfully completed its private offering on the shanghai stock exchange. xinjiang daqo has issued 212,396,215 shares, representing approximately 9.94% of its total 2,137,396,215 shares outstanding immediately after the completion of the private offering.
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