Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
28 July 2023 - 10:30PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of July 2023
Commission File Number: 001-34602
DAQO NEW ENERGY CORP.
Unit 29D, Huadu Mansion, 838 Zhangyang Road,
Shanghai, 200122
The People’s Republic of China
(+86-21) 5075-2918
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b) (1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b) (7): ¨
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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DAQO NEW ENERGY CORP. |
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By: |
/s/ Longgen Zhang |
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Name: |
Longgen Zhang |
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Title: |
Director and Chief Executive Officer |
Date: July 28, 2023 |
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Exhibit 99.1
Daqo New Energy Announces Appointment of Independent
Director
Shanghai, China—28 July--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 Mr. Guoqing Chen as an independent director of the Company, effective on July 28, 2023. With
the inclusion of Mr. Guoqing Chen, the Company has an independent majority on its board, as 6 out of its 11 directors are now independent
directors.
Mr. Guoqing Chen has served as the head of Shanghai
Horizon Economic Research Institute since 2002. He is also the chair professor at Shanghai National Accounting Institute and the deputy
director at the China Management Accounting System Research Center of Shanghai University of Finance and Economics. Mr. Chen currently
serves as the chairman of Horizon International Financial Management Consulting (Shanghai) Co., Ltd., and Shanghai Horizon Value Management
Software Co., Ltd. He is also an independent director at Heilongjiang Longmay Mining Group Co., Ltd., and Hongxing Xuan Paper Co., Ltd.,
as well as a director at Jilin Provincial Coal Industry Group Co., Ltd., and Jilin Province State-Owned Capital Operation Co., Ltd.
Mr. Guangfu Xu, Daqo New Energy 's Chairman, commented, "We are
pleased to welcome Mr. Guoqing Chen to our board. His extensive experience and professional expertise in accounting, finance and management
will contribute great value 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;
and the Company’s ability to lower its production costs. 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.
For additional information, please contact:
Daqo New Energy Corp.
Investor Relations
Email: ir@daqo.com
Christensen
In China
Mr. Rene Vanguestaine
Phone: +86 178-1749-0483
Email: rene.vanguestaine@christensencomms.com
In the U.S.
Ms. Linda Bergkamp
Phone: +1 480-614-3004
Email: lbergkamp@christensencomms.com
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