Daqo New Energy Begins Pilot Production at New Phase 4A Polysilicon Production Facility in Xinjiang
DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (DQ)
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Source: PR Newswire
SHIHEZI, China, Sept. 16, 2019 /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 had begun pilot production at its new Phase 4A polysilicon production facility in Shihezi, Xinjiang. The Company expects Phase 4A to gradually ramp up to full production capacity and to increase its total annual production capacity to 70,000 MT by the end of this year.Mr. Longgen Zhang, CEO of Daqo New Energy, commented, "We are very excited to have successfully completed the construction and installation of Phase 4A months ahead of schedule. I would like to thank our entire Xinjiang team for their hard work and dedication to make this possible. We have already started pilot production at Phase 4A and expect to ramp up production to full capacity by the end of this year, which will increase our total annual polysilicon production capacity to 70,000 MT. In a
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