Daqo New Energy's Subsidiaries Announces Five-Year High-Purity Polysilicon Supply Agreement

Under the supply agreement, Xinjiang Daqo and Inner Mongolia Daqo will provide this leading manufacturing company with a total amount of 46,200 MT high-purity mono-grade polysilicon from January 1, 2023 to December 31, 2027.

Actual prices will be negotiated by both parties monthly according to market conditions.

Longgen Zhang, chief executive officer of Daqo New Energy, commented, "We are very pleased to announce another long-term high-purity polysilicon supply contract in this month. We see a very clear trend that solar PV energy will play an increasingly important role globally. Our downstream customers are expanding their capacities rapidly which will strongly support the demand for high-purity mono-grade polysilicon."