Daqo New Energy Launches $100 Million Share Buyback Initiative

Daqo New Energy Announces $100 Million Share Repurchase Program

Daqo New Energy Corp., a prominent name in the high-purity polysilicon sector catering to the solar photovoltaic (PV) industry, has recently revealed a significant initiative. On August 26, 2025, the company’s board of directors sanctioned a $100 million share repurchase program. This plan extends from today until December 31, 2026, allowing the firm to buy back its ordinary shares and American depositary shares from the marketplace.

The repurchase program is a strategic move by Daqo New Energy, aimed primarily at bolstering investor confidence during the current cyclical downturn affecting the industry. The authorized share buyback will be conducted using funds from the company's existing cash reserves. Importantly, the company stated that there is no obligation to repurchase a specific number of shares at a set time; the timing and amount will be contingent upon operational performance, market conditions, and adherence to relevant regulations.

Mr. Xiang Xu, the Chairman and CEO of Daqo New Energy, highlighted the motivational factors behind this initiative. "The share repurchase program showcases our belief in the company's future, particularly as we work through the challenges posed by the current industry landscape. We are committed to sustainable growth and long-term shareholder value,” he commented.

While executing the buyback, Daqo will comply with corporate governance principles and regulatory requirements, ensuring they respect any necessary blackout periods that may arise.

Daqo New Energy has made its mark in the industry since its establishment in 2007. The company is recognized for its extensive production capabilities and cost-efficient methods in manufacturing high-purity polysilicon. They currently boast a nameplate capacity of 305,000 metric tons, asserting their position as one of the leading producers globally.

The share repurchase program is not just a financial maneuver but also a message to investors and market analysts that Daqo New Energy is poised to navigate through this economic cycle adeptly. The company’s approach combines fiscal responsibility with a forward-looking vision, underlining their operational excellence and commitment to shareholders.

In parallel with this buyback initiative, the company continues to focus on expanding its production capacity, grappling with global demand for photovoltaic products, and adapting to emerging technologies in solar manufacturing. As the renewable energy sector grows, the contributions Daqo New Energy makes to the solar landscape become increasingly significant.

In summary, with this ambitious $100 million share repurchase program, Daqo New Energy aims to reinforce its market standing, support shareholder interests, and enhance its financial resilience in an evolving industry. For additional information on the company and ongoing projects, you can visit their official website at www.dqsolar.com.

As the company moves forward, stakeholders will be keen to observe how this initiative influences their strategic positioning and overall business trajectory against the backdrop of ongoing market changes.