Daqo New Energy Corp - Company Profile
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Daqo New Energy Corp (Daqo) is a manufacturer of polycrystalline silicon for the solar photovoltaic industry. The company's primary activities involve the production and sale of high-purity polysilicon, which is further processed into ingots, wafers, cells, and modules for solar power solutions. Daqo utilizes the chemical vapor deposition process, or the modified Siemens process, with upgraded hydrochlorination technology, to produce polysilicon. The company sells its products to photovoltaic product manufacturers in China for solar-grade polysilicon, mono-and multi-crystalline silicon wafer applications. The company has advanced manufacturing facilities located in Xinjiang and Chongqing. Daqo is headquartered in the bustling city of Shanghai, China.
Headquarters
China
Address
Unit 29d, Huadu Mansion, 838 Zhangyang Road, Shanghai, 200122
Website
www.dqsolar.com
Telephone
86 21 50870629
No of Employees
3,842
Industry
Alternative Energy
Ticker Symbol & Exchange
DQ (NYSE)
Revenue (2024)
$665.4M
-35.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
50.6%
(2024 vs 2023)
Market Cap*
$859.4M
Net Profit Margin (2024)
XYZ
23.6%
(2024 vs 2023)
* As of and is in US$
Daqo New Energy Corp premium industry data and analytics
Products and Services
| Products |
|---|
| Polysilicon |
| Wafers |
Competitor Comparison
| Key Parameters | Daqo New Energy Corp | Tongwei Co Ltd | Wacker Chemie AG | Xinte Energy Co Ltd | GCL Technology Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | Germany | China | China |
| City | Shanghai | Chengdu | Munich | Urumqi | Suzhou |
| State/Province | Shanghai | Sichuan | Bayern | Xinjiang | Jiangsu |
| No. of Employees | 3,842 | 44,798 | 16,196 | 7,512 | 8,120 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Xiang Xu | Chairman; Chief Executive Officer | Executive Board | 2023 | 55 |
| Ming Yang | Chief Financial Officer | Senior Management | 2015 | 51 |
| Xiaoyu Xu | Deputy Chief Executive Officer; Director | Executive Board | 2024 | 30 |
| Fumin Zhuo | Director | Non Executive Board | 2009 | 74 |
| Rongling Chen | Director | Non Executive Board | 2010 | 83 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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