About Daqo New Energy
Daqo New Energy is a company based in Pudong (China) founded in 2008. Daqo New Energy has raised $40 million across 1 funding round from investors including Morgan Stanley. The company has 4,750 employees as of December 31, 2024. Daqo New Energy offers products and services including High-Purity Polysilicon. Daqo New Energy operates in a competitive market with competitors including Pennar, NorSun, NexWafe, SINTEF and Hanwha, among others.
- Headquarter Pudong, China
- Employees 4750 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Daqo New Energy Corp Sponsored Adr
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Annual Revenue
$1.03 B (USD)-55.38as on Dec 31, 2024
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Net Profit
-$345.39 M (USD)-180.41as on Dec 31, 2024
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EBITDA
-$172.38 M (USD)-120.37as on Dec 31, 2024
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Total Equity Funding
$40 M (USD)
in 1 rounds
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Latest Funding Round
$40 M (USD), Series D
May 01, 2018
- Investors
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Employee Count
4750
as on Dec 31, 2024
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IPO & Listings of Daqo New Energy
Daqo New Energy is a publicly listed company on the NYSE with ticker symbol DQ in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Daqo New Energy
Daqo New Energy offers a comprehensive portfolio of products and services, including High-Purity Polysilicon.
Material produced for solar PV applications and sold to manufacturers
Funding Insights of Daqo New Energy
Daqo New Energy has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series D round of $40 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Daqo New Energy
Daqo New Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Morgan Stanley.
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Wealth management, investment advisory, and financial services are provided.
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Investor details for Daqo New Energy
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Investments & Acquisitions by Daqo New Energy
Investment portfolio details for Daqo New Energy
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Financial Statements - Daqo New Energy
Detailed financials for Daqo New Energy
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Daqo New Energy Comparisons
Peer comparison for Daqo New Energy
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Competitors of Daqo New Energy
Daqo New Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pennar, NorSun, NexWafe, SINTEF and Hanwha, among others.
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Precision-engineered products and building solutions are manufactured.
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Mono-crystalline silicon wafers are supplied for the solar energy sector.
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Solar PV wafers are manufactured and supplied to cell producers.
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Applied research organization providing technology and innovation services across diverse sectors
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Manufacturer of solar cells, modules, and other related components
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Detailed competitors of Daqo New Energy
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Latest news on Daqo New Energy
Complete news archive for Daqo New Energy
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Frequently Asked Questions about Daqo New Energy
Daqo New Energy was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Daqo New Energy is headquartered in Pudong, China. It is registered at Pudong, Shanghai, China.
Xiang Xu is the current CEO of Daqo New Energy.
Daqo New Energy is a funded company, having raised a total of $40M across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at Daqo New Energy is 4,750.
Annual revenue of Daqo New Energy is $1.03B as on Dec 31, 2024.
Daqo New Energy was established in 2008 in Pudong, China, within the renewable energy sector. Operations center on the production of polysilicon and silicon wafers, key materials for photovoltaic applications. The company maintains facilities focused on these manufacturing processes. In 2022, annual revenues reached 3.98 billion, with net profit recorded at 2.58 billion. Leadership is provided by CEO Xiang Xu, overseeing global supply chain activities.
Daqo New Energy offers High-Purity Polysilicon.
Yes, Daqo New Energy is publicly traded on NYSE under the ticker symbol DQ.
Daqo New Energy has 1 investor. Key investors include Morgan Stanley.
The ticker symbol of Daqo New Energy is DQ on NYSE.