Xinjiang Daqo New Energy Co Ltd Class A

688303: XSHG (CHN)

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Daqo Remained Lossmaking Amid Industry Overcapacity

Cheng Wang

May 6, 2026

Business Strategy and Outlook

Daqo is one of the four major polysilicon producers in China. As of 2025, the company had established an annual capacity of 305,000 metric tons, accounting for about 9% of global polysilicon capacity.

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Xinjiang Daqo New Energy Co Ltd Class A

Daqo Remained Lossmaking Amid Industry Overcapacity

Business Strategy and Outlook

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