SHANGHAI, Nov. 14,
2023 /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 the appointment of Ms. Xiaoyu Xu as a director of the Company,
effective November 13, 2023.
Ms. Xiaoyu Xu joined the Company
in May 2023 as Investor Relations
Director and Board Secretary. She previously worked at J.P. Morgan
in the Corporate and Investment Bank department. Ms. Xu holds an
MBA degree with a concentration in finance from the Wharton School
at the University of Pennsylvania, and
a Bachelor of Science degree in business administration from the
Haas School of Business at the University of
California, Berkeley. Ms. Xiaoyu
Xu is the daughter of Mr. Xiang
Xu, Chairman and CEO of Daqo New Energy.
Mr. Xiang Xu, Chairman and CEO of
Daqo New Energy commented, "We are pleased to welcome Ms.
Xiaoyu Xu to our Board as our first
female board member. We are confident that Xiaoyu, with her global
perspective, creativity, and deep commitment to our mission, will
significantly contribute to the Company's future growth."
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 manufactures and
sells high-purity polysilicon to photovoltaic product manufactures,
who further process the polysilicon into ingots, wafers, cells and
modules for solar power solutions. The Company has a total
polysilicon nameplate capacity of 205,000 metric tons and is one of
the world's lowest cost producers of high-purity polysilicon.
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," "guidance" and similar statements. Among
other things, quotations from the chairman in this announcement
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 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;
and changes in the political and regulatory environment. 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.
View original
content:https://www.prnewswire.com/news-releases/daqo-new-energy-announces-appointment-of-first-female-director-301986912.html
SOURCE Daqo New Energy Corp.