Daqo New Energy Corp. DQ

DQ Company Overview

Daqo New Energy Corp. is a China-based manufacturer of high-purity polysilicon used primarily in the solar photovoltaic (PV) industry. The company operates upstream in the solar value chain and focuses on producing polysilicon for mono-crystalline solar wafers, which are then used in solar cells and modules. Daqo’s core business is concentrated in the production and sale of high-purity polysilicon to downstream wafer manufacturers, with revenue largely tied to global solar installation demand and polysilicon market pricing. The company primarily serves large solar wafer and integrated PV manufacturers in China, which remains the world’s largest solar manufacturing and deployment market.

Daqo traces its origins to Chongqing Daqo New Energy Co., Ltd., established in 2007, and later expanded operations significantly through its Xinjiang-based manufacturing subsidiaries. The company became publicly listed on the New York Stock Exchange under the ticker DQ and has since scaled into one of the major global producers of polysilicon for solar applications. Its strategic positioning is supported by large-scale manufacturing capacity, relatively low production costs, and operational specialization in high-purity polysilicon used in advanced mono-crystalline solar technologies.