Daqo New Energy Promotes Xiaoyu Xu as Deputy Chief Executive Officer

Core Viewpoint - Daqo New Energy Corp. has appointed Ms. Xiaoyu Xu as Deputy Chief Executive Officer, effective October 30, 2024, aiming to enhance its corporate strategy and growth in the renewable energy sector [1][3]. Company Overview - Daqo New Energy Corp. is a leading manufacturer of high-purity polysilicon for the global solar photovoltaic (PV) industry, with a total polysilicon nameplate capacity of 305,000 metric tons [4]. - The company was founded in 2007 and sells high-purity polysilicon to photovoltaic product manufacturers, who further process it into ingots, wafers, cells, and modules for solar power solutions [4]. Leadership Background - Ms. Xiaoyu Xu has been with the company since May 2023 as Investor Relations Director and Board Secretary, and she has a background in corporate and investment banking from J.P. Morgan [2]. - She holds an MBA from the Wharton School and a Bachelor of Science in business administration from the Haas School of Business [2]. Strategic Vision - The company believes there are significant opportunities in the renewable energy transition, both in China and globally, and aims to sharpen its corporate strategy under Ms. Xu's leadership [3]. - Ms. Xu expressed her commitment to fostering sustainable development and driving innovative advancements in green and clean energy on a global scale [4].