SHANGHAI, July 1, 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 it has published its first
Environmental, Social and Governance (ESG) report.
The 2020 ESG report particularly highlights the Company's
efforts with respect to corporate governance, innovation and
R&D, employee rights protection, environmental sustainability
and emission control, as well as social responsibility.
To view the report in full, please visit the Company's investor
relations website at:
http://ir.xjdqsolar.com/index.php?s=/Index/annual
Mr. Longgen Zhang, CEO of Daqo New Energy, commented, "We are
pleased to issue our first ESG report to update all our
stakeholders on our efforts to enable sustainable development.
Since our inception in 2007, we have become a global leader in the
polysilicon industry and a major player in the global renewable
energy sector. As such, we are very proud of our contribution to
the cost reduction of solar PV and to a carbon-neutral future,
while helping our local economy and creating value for our
shareholders. We attach great importance to our social
responsibilities, including our zero-tolerance policy towards
forced labor in our facilities and across our supply chain, and
will continue to provide growth opportunities to all of our
employees."
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 2007, the Company is one of the
world's lowest cost producers of high-purity polysilicon. It has a
total annual capacity of 70,000 metric tons of high-purity
polysilicon, with another 35,000 metric tons polysilicon capacity
under construction, which is expected to reach full capacity by the
end of the first quarter of 2022.
For more information, please visit http://www.dqsolar.com
For further information, please contact:
Daqo New Energy Corp.
Investor Relations
Phone: +86-187 1658 5553
Email: dqir@daqo.com
Christensen
In China
Mr. Rene Vanguestaine
Phone: +86 178 1749 0483
rvanguestaine@christensenir.com
In the U.S.
Mr. Tip Fleming
Phone: +1-917-412-3333
Email: tfleming@Christensenir.com
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "forecast," "might," "guidance" and
similar statements. Among other things, Daqo New Energy's strategic
and operational plans contain forward-looking statements. The
Company may also make written or oral forward-looking statements in
its reports filed or furnished to the U.S. Securities and Exchange
Commission, in its annual reports to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including statements about the
Company's beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties, all of which are difficult or impossible to predict
accurately and many of which are beyond the Company's control. A
number of factors could cause actual results to differ materially
from those contained in any forward-looking statement, including
but not limited to the following: the demand for photovoltaic
products and the development of photovoltaic technologies; global
supply and demand for polysilicon; alternative technologies in
solar cell manufacturing; the Company's ability to significantly
expand its polysilicon production capacity and output; the
reduction in or elimination of government subsidies and economic
incentives for solar energy applications; the Company's ability to
lower its production costs; changes in the political and regulatory
environment; and the duration of COVID-19 outbreaks in China and many other countries and the impact
of the outbreaks and the quarantines and travel restrictions
instituted by relevant governments on economic and market
conditions, including potentially weaker global demand for solar PV
installations that could adversely affect the Company's business
and financial performance. Further information regarding these and
other risks is included in the reports or documents the Company has
filed with, or furnished to, the U.S. Securities and Exchange
Commission. All information provided in this press release is as of
the date hereof, and the Company undertakes no duty to update such
information or any forward-looking statement, except as required
under applicable law.
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SOURCE Daqo New Energy Corp.