Daqo Energy(SH:688303) Sou Hu Cai Jing·2026-01-14 17:44Group 1 - The core viewpoint is that Daqo Energy (688303) is expected to report a negative net profit for the year 2025, although the loss is anticipated to be narrower compared to the previous year [2][3] - On January 14, 2026, Daqo Energy's stock closed at 26.13 yuan, with a slight increase of 0.89%, a turnover rate of 0.91%, a trading volume of 194,900 shares, and a transaction amount of 515 million yuan [1] - The trading information indicates that on January 14, 2026, there was a net outflow of 25.01 million yuan from institutional investors and 24.43 million yuan from retail investors, while retail investors saw a net inflow of 49.44 million yuan [1][3] Group 2 - Daqo Energy plans to conduct a commodity hedging business for the year 2026, focusing on polysilicon, with a maximum required margin and premium not exceeding 500 million yuan, funded by its own resources [1][3] - The hedging business is intended to mitigate price volatility risks and enhance operational stability, with a duration of one year from the board's approval [1][3] - The company has established relevant management systems and risk control measures for the hedging business [1]