Daqo New Energy’s CEO Dr. Gongda Yao Won “2011 Ernst & Young China Entrepreneur of The Year” Award
November 04 2011 - 8:00AM
Business Wire
Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the
"Company"), a leading polysilicon manufacturer based in China,
today announced its chief executive officer, Dr. Gongda Yao, won
“2011 Ernst & Young China Entrepreneur of The Year” award in
the category of “Emerging Entrepreneur.” “Ernst & Young China
Entrepreneur of The Year” is a business awards program to recognize
visionary and inspiring leaders who are shrewd and capable to seize
opportunities.
Since Daqo New Energy commenced polysilicon production in 2008,
the Company has been committed to continuously improve quality,
lower cost and enhance capacity. With the announced Phase II
project in Xinjiang and Hydrochlorination project in Wanzhou, Daqo
is expected to achieve 12,000MT capacity per annum with world class
cost structure by the end of 2012. Daqo has also selectively built
up downstream capacities of wafer and module.
“I am very honored to be granted this award which is not only a
reward to my personal achievement, but also, more importantly a
recognition to the Company’s success,” said Dr. Gongda Yao, “We
will continue leverage our advantages on efficient operation,
optimized technology and integrated industry chain to deliver PV
products with higher efficiency and lower cost. I believe with all
the innovation and endeavor from partners in solar PV industry, it
won’t take long to achieve grid parity.”
About Daqo New Energy Corp.
Daqo New Energy Corp. (NYSE: DQ) is a leading polysilicon
manufacturer based in China that aims to become a vertically
integrated photovoltaic product manufacturer. Daqo New Energy
primarily manufactures and sells high-quality polysilicon to
photovoltaic product manufacturers. It also manufactures and sells
photovoltaic wafers and modules. For more information about Daqo
New Energy, please visit www.dqsolar.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
“will,” “expects,” “anticipates,” “future,” “intends,” “plans,”
“believes,” “estimates” and similar statements. The Company may
also make written or oral for-ward-looking statements in its
reports filed or furnished to the U.S. Securities and Exchange
Commission, in its annual reports to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including statements about the
Company’s beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: the demand
for photovoltaic products and the development of photovoltaic
technologies; global supply and demand for polysilicon; alternative
technologies in cell manufacturing; our ability to significantly
expand our polysilicon production capacity and output; the
reduction in or elimination of government subsidies and economic
incentives for solar energy applications; and our ability to
successfully implement our vertical integration strategy. Further
information regarding these and other risks is included in the
reports or documents we have filed with, or furnished to, the
Securities and Exchange Commission. Daqo New Energy does not
undertake any obligation to update any forward-looking statement,
except as required under applicable law. All information provided
in this press release and in the attachments is as of the date of
this press release, and Daqo New Energy undertakes no duty to
update such information, except as required under applicable
law.
Daqo New Energy (NYSE:DQ)
Historical Stock Chart
From May 2024 to Jun 2024
Daqo New Energy (NYSE:DQ)
Historical Stock Chart
From Jun 2023 to Jun 2024