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Daqo New Energy's 2024 ESG Report: Insights and Objectives

On July 28, 2025, Daqo New Energy Corp. (NYSE: DQ), a prominent name in the production of high-purity polysilicon used in the solar photovoltaic industry, released its Environmental, Social, and Governance (ESG) report for 2024. The report comprehensively outlines the company's accomplishments and commitments towards sustainable practices, corporate governance, and social responsibility.

Highlights of the ESG Report

In his remarks, Mr. Xiang Xu, the Chairman and CEO of Daqo New Energy, emphasized the company's dedication to fostering a sustainable future through continuous investment in research and development (R&D) and technological innovation. He stated, "Through sustained investment in R&D and technological innovation, Daqo New Energy Corp. is committed to building a better and more sustainable world for generations to come."

The report recognizes Daqo’s achievements in various areas: corporate governance structures, employee rights protection, environmental sustainability, and efforts to reduce emissions. Importantly, the company highlights its intention to maintain a corporate culture centered around integrity and regulatory compliance while also innovating in the green energy space.

Daqo New Energy’s ESG Development Strategy

Daqo’s ESG report delineates the company's strategic plan across short-, medium-, and long-term goals:

Short-term Objectives (2023-2025)

• - Clean Energy Utilization: Daqo aims to progressively increase the share of clean energy in its production processes while lowering waste emissions.
• - Energy Optimization: The focus will be on optimizing energy consumption per product unit, fostering a balance between high-quality output and minimal energy use.
• - Resource Efficiency: The company seeks to enhance the recycling efficiency of raw materials to create an environmentally friendly circular economy.
• - Industry Innovation: Daqo will leverage its core competencies to drive innovation in the industry and seek new business opportunities, contributing positively to socio-environmental impacts and corporate value.

Medium-term Objectives

• - Peak Carbon Emissions: Daqo is committed to achieving its peak carbon emissions and transitioning to over 80% clean energy usage in its production by 2030.

Long-term Objectives

• - Carbon Neutrality: Aiming for a significant milestone, Daqo has set an ambitious goal to reach carbon neutrality by 2060.

Commitment to Transparency and Stakeholders

Daqo New Energy underscores the importance of transparency in its operations and strategies. By making the 2024 ESG report accessible to stakeholders, the company fosters trust and accountability. The full report can be accessed on their investor relations website: Daqo New Energy ESG Report.

As the world turns towards more dependable energy sources, Daqo New Energy's commitments and strategic objectives position it as a leader in the sustainable energy landscape. The emphasis on DC clean energy, emissions control, and social responsibility reflects a firm understanding of the evolving industry dynamics.

About Daqo New Energy Corp.

Founded in 2007, Daqo New Energy Corp. specializes in manufacturing high-purity polysilicon. The company provides materials critical for solar energy solutions, boasting a total polysilicon capacity of 305,000 metric tons and being recognized as one of the lowest-cost producers globally. Their commitment extends beyond just business, highlighting a genuine concern for the environment and sustainable development.

For further information, please visit Daqo's Website.