Daqo Energy(SH:688303) Zheng Quan Zhi Xing·2025-08-26 16:23Core Viewpoint - The company, Xinjiang Daqo New Energy Co., Ltd., is actively implementing a "quality improvement and efficiency enhancement" action plan to optimize operations, governance, and investor returns, aiming to boost market confidence and support high-quality economic development [1]. Group 1: Industry Actions and Strategies - The company is leading the industry's "anti-involution" initiative by proactively reducing production, achieving a multi-crystalline silicon output of 50,821 tons, a year-on-year decrease of approximately 60%, which alleviates market supply pressure and avoids harmful competition [1][2]. - The company has successfully implemented cost control measures, with unit cash costs decreasing to 37.66 yuan/kg, reflecting a significant reduction during the production cut period [2]. Group 2: Technological and Financial Position - The company maintains a strong focus on technology-driven development, with a total of 475 patents as of June 30, 2025, an increase of 92 patents from the previous year, representing a 71% year-on-year growth. R&D investment accounted for 8.45% of revenue, up by 1.69 percentage points year-on-year [2][3]. - The company has a robust financial strategy, with total cash reserves, including bank acceptance bills and deposits, amounting to a significant buffer, ensuring stability during market downturns [2][3]. Group 3: Investor Relations and Communication - The company emphasizes high-quality information disclosure, maintaining an A-level rating in information disclosure evaluation by the Shanghai Stock Exchange, and actively engages with investors through various communication channels [3][5]. - The company has initiated a share repurchase plan, buying back 15,323 shares at an average price of 18.79 yuan/share, totaling approximately 290,753.82 yuan, to enhance investor confidence and provide long-term returns [5][6]. Group 4: Commitment to Sustainability and Social Responsibility - The company adheres to a sustainable development philosophy, promoting green operations and environmental protection initiatives, while also focusing on rural revitalization and ecological protection [6]. - The company has established a three-pronged approach in its production bases in Xinjiang and Inner Mongolia, integrating industry support, ecological revitalization, and employee participation to effectively connect poverty alleviation efforts with rural revitalization strategies [6].