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Daqo New Energy Corp. ADR (DQ) is a China-based company operating in the semiconductor and solar energy materials industry. The firm focuses on the production of high-purity polysilicon, a key raw material used in the manufacturing of photovoltaic solar cells.
Its operations support the global solar energy supply chain by supplying polysilicon to manufacturers of solar wafers, cells and modules.
Its main activities include:
• Production of high-purity polysilicon used in solar photovoltaic systems.
• Manufacturing of semiconductor-grade silicon materials.
• Supply of raw materials for solar wafer and module manufacturers.
• Support for renewable energy infrastructure and solar power development.
Daqo’s production facilities are primarily located in China, where the company operates large-scale manufacturing plants focused on polysilicon production for the global solar industry.
Industry factors affecting the company include global solar energy demand, polysilicon pricing cycles, government energy policies and competition within the photovoltaic supply chain.
Daqo New Energy Corp. ADR trades on the New York Stock Exchange (NYSE) under the ticker DQ.
History and Development
Daqo New Energy Corp. was founded in 2007 and focuses on the production of polysilicon used in solar photovoltaic applications.
The company expanded its manufacturing capacity during the 2010s as global demand for solar energy increased and photovoltaic installations accelerated worldwide.
Over time, Daqo strengthened its position as a major supplier of high-purity polysilicon to solar manufacturers, supporting the growth of the global renewable energy market.
Additional Information
Daqo New Energy Corp ADR (United States) is listed on the Nasdaq and has a market capitalization of $1.27 Billion, with shareholders equity totaling $5.89 Thousand.
The Company is listed on the [MARKET_NAME]
Over the past 12 months, Daqo New Energy Corp ADR reported $568.22 in revenue, generating net income of $-187.06 .
Key financial metrics include a P/E ratio of -6.79, a price-to-book (P/B) ratio of 0.22, and a trailing twelve-month dividend yield of 0.00%.
The company trades under the ticker DQ.
