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Daqo New Energy: An Opportunity To Buy The Company For Cents On The Dollar
DQDaqo New Energy(DQ) Seeking Alpha·2024-04-03 18:16
abriendomundo/iStock via Getty Images Daqo New Energy (NYSE:DQ) is the holding company of one of the world's largest polysilicon manufacturers, Xinjiang Daqo, which is listed as a subsidiary of Daqo on the Shanghai Stock Exchange via A-shares. Thesis The investment thesis is very simple. Daqo New Energy currently holds around 72.68% of the Chinese subsidiary Xinjiang Daqo, which currently has a market capitalization of around 8.05 billion and is listed on the Shanghai Stock Exchange. The stake in the su ...