Roth Capital Cuts Price target to $35 on Daqo New Energy (DQ) Following 2Q15
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Daqo New Energy Corp. Announces Potential Plans to List Xinjiang Daqo on China's New Third Board
August 12, 2015 7:31 AM EDTCHONGQING, China, Aug. 12, 2015 /PRNewswire/ --Â Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the solar PV industry, today announced that it proposes to restructure Xinjiang Daqo New Energy Co., Ltd. ("Xinjiang Daqo"), a subsidiary of the Company, and is exploring the idea of listing Xinjiang Daqo separately on the National Equities Exchange and Quotations, an emerging over-the-counter market in China (the "New Third Board"). Xinjiang Daqo operates the polysilicon production facilities of the Company located in Shihezi, Xinjiang Uyghur... More
Daqo New Energy Announces Unaudited Second Quarter 2015 Results
August 11, 2015 5:00 AM EDTCHONGQING, China, Aug. 11, 2015 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the solar PV industry, today announced its unaudited financial results for the second quarter of 2015.
Second Quarter 2015 Financial and Operating Highlights
Polysilicon production volume(1) of 1,734 MT in Q2 2015, compared to 1,801 MT in Q1 2015 Polysilicon sales volume(1)(2) of 1,363 MT in Q2 2015, compared to 1,502 MT in Q1 2015 Polysilicon total production cost(3) of $12.98/kg in... More