Daqo New Energy Corp. Overview
Pro stress-test →Daqo New Energy Corp is a polysilicon manufacturer that manufactures and sells high-purity polysilicon to manufacturers who use it to make ingots, cells, and modules for solar power solutions. The company is a critical input supplier to the global solar photovoltaic industry, with operations headquartered in Shanghai and production facilities in Xinjiang Province.
Strategic Profile
Pro stress-test →The Company has a total polysilicon nameplate capacity of 305,000 metric tons and is one of the world's lowest cost producers of high-purity polysilicon. Daqo is taking a wait-and-see approach on buybacks and expects China's "anti-involution" measures and industry consolidation to support more rational pricing and capacity alignment.
Competitive Landscape
Pro stress-test →Led by the China Photovoltaic Industry Association, major polysilicon manufacturers have proactively responded to anti-involution initiatives, enforcing self-discipline and exploring innovative market-oriented approaches to combat excess capacity. Daqo competes in a consolidating industry where low-cost production and technology differentiation are key competitive advantages.
Industry Context
Daqo New Energy Corp. operates in Semiconductor Materials / Solar Photovoltaic Supply Chain.
Key facts
Founded: 2006 · Headquarters: Shanghai, China · Revenue: $639M · Market cap: $1.62B