Daqo New Energy Corp (DQ) Exchange: NYSE

Daqo New Energy Corp (DQ) is a leading manufacturer of high-quality polysilicon for the global solar PV industry. Based in China, the company’s cost-efficient processes, developed and in-licensed from leading technology providers, have allowed Daqo over the years to benefit from high efficiency and low-cost production. Additionally, Daqo currently produces and sells photovoltaic wafers and is the only solar grade polysilicon producer that is publicly listed in China. Daqo New Energy Corp was founded in 2011 and has grown dramatically since then, with revenues increasing from around 5,000,000 USD in 2012 to 57,000,000 USD in 2019. Daqo New Energy Corp employs just under 400 people in three production plants and has invested in a research and development center in Zhangjiagang Free Trade Zone, China. Having access to services such as chemical labs and metallurgical labs is essential for the company and allows them to keep up with the ever-advancing PV technology. Daqo is committed to developing materials and processes that will help reduce the global cost of solar PV and significantly improve the technological characteristics of the modules. The company is committed to working with customers, partners, and suppliers to reduce the cost and environmental impact of solar energy and to bring affordable, clean energy to global markets.