Amended Statement of Ownership (sc 13g/a)
February 12 2021 - 6:12AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1
(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No. 6)*
Daqo
New Energy Corp.
(Name of Issuer)
Ordinary Shares
(Title of Class of Securities)
G26583 107
(CUSIP Number)
December 31, 2020
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
¨
Rule 13d-1(b)
¨
Rule 13d-1(c)
x
Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a
reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page
shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
CUSIP No. G26583 107
1
|
NAME OF REPORTING PERSON
Xiang Xu (“Mr. Xu”)
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
People’s Republic of China
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
|
5
|
SOLE VOTING POWER
33,587,125 ordinary shares, which consist of (i) 14,820,000
ordinary shares held by Plenty China Limited, a company organized under the laws of the British Virgin Islands (“Plenty China”),
and 15,923,750 ordinary shares held by Duke Elite Limited, a company organized under the laws of the British Virgin Islands (“Duke
Elite”), both of which are solely owned and controlled by Mr. Xu, and (ii) 2,843,375 ordinary shares issuable upon exercise
of options (including Restricted Share Units) held by Mr. Xu that are exercisable within 60 days of December 31, 2020.
|
6
|
SHARED VOTING POWER
0
|
7
|
SOLE DISPOSITIVE POWER
33,587,125 ordinary shares. See Item 5 above for detail.
|
8
|
SHARED DISPOSITIVE POWER
0
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
33,587,125 shares
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.18%
|
12
|
TYPE OF REPORTING PERSON
IN
|
|
|
|
|
CUSIP No. G26583 107
1
|
NAME OF REPORTING PERSON
Plenty China Limited
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
|
5
|
SOLE VOTING POWER
14,820,000 ordinary shares held by Plenty China Limited
|
6
|
SHARED VOTING POWER
0
|
7
|
SOLE DISPOSITIVE POWER
14,820,000 ordinary shares held by Plenty China Limited
|
8
|
SHARED DISPOSITIVE POWER
0
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,820,000 ordinary shares
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.06%
|
12
|
TYPE OF REPORTING PERSON
CO
|
|
|
|
|
CUSIP No. G26583 107
1
|
NAME OF REPORTING PERSON
Duke Elite Limited
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
|
5
|
SOLE VOTING POWER
15,923,750 ordinary shares held by Duke Elite Limited
|
6
|
SHARED VOTING POWER
0
|
7
|
SOLE DISPOSITIVE POWER
15,923,750 ordinary shares held by Duke Elite Limited
|
8
|
SHARED DISPOSITIVE POWER
0
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,923,750 ordinary shares
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.36%
|
12
|
TYPE OF REPORTING PERSON
CO
|
|
|
|
|
|
ITEM 1(a).
|
NAME OF ISSUER:
|
Daqo New Energy Corp.
|
ITEM 1(b).
|
ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
|
Unit 29, Huadu Mansion, 838 Zhangyang Road
Shanghai, 200122, The People’s Republic of China
|
ITEM 2(a).
|
NAME OF PERSON FILING:
|
|
(ii)
|
Plenty China Limited
|
|
ITEM 2(b).
|
ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:
|
For all Reporting Persons:
c/o 66 Daquan Road
Xinba, Yangzhong, Jiangsu Province
People’s Republic of China
|
(i)
|
Xiang Xu — People’s Republic of China.
|
|
(ii)
|
The place of organization of Plenty China Limited
is the British Virgin Islands.
|
|
(ⅲ)
|
The place of organization
of Duke Elite Limited is the British Virgin Islands.
|
|
ITEM 2(d).
|
TITLE OF CLASS OF SECURITIES:
|
Ordinary Shares
G26583 107
The following information with respect
to the ownership of the ordinary shares of Daqo New Energy Corp. (the “Ordinary Shares”) by the reporting persons is
provided as of December 31, 2020:
Reporting
Person
|
|
Amount
beneficially
owned:
|
|
|
Percent
of class
|
|
|
Sole
power
to vote or
direct
the vote:
|
|
|
Shared
power
to vote or to
direct the vote:
|
|
|
Sole
power to
dispose
or to direct the
disposition of:
|
|
|
Shared
power
to
dispose or to
direct
the disposition
of:
|
|
Xiang
Xu
|
|
|
33,587,125
|
|
|
|
9.18
|
%
|
|
|
33,587,125
|
|
|
|
0
|
|
|
|
33,587,125
|
|
|
|
0
|
|
Plenty
China Limited
|
|
|
14,820,000
|
|
|
|
4.06
|
%
|
|
|
14,820,000
|
|
|
|
0
|
|
|
|
14,820,000
|
|
|
|
0
|
|
Duke
Elite Limited
|
|
|
15,923,750
|
|
|
|
4.36
|
%
|
|
|
15,923,750
|
|
|
|
0
|
|
|
|
15,923,750
|
|
|
|
0
|
|
Plenty China Limited is the registered holder of 14,820,000
Ordinary Shares and Duke Elite Limited is the holder of 15,923,750 Ordinary Shares. Mr. Xu is the ultimate sole shareholder of
Plenty China Limited and Duke Elite Limited. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and
the rules promulgated thereunder, Mr. Xu may be deemed to beneficially own all of the Ordinary Shares held by Plenty China Limited
and Duke Elite Limited.
ITEM 5.
|
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
|
Not applicable
ITEM 6.
|
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
|
Not applicable
|
ITEM 7.
|
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY:
|
Not applicable
ITEM 8.
|
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
|
Not applicable
ITEM 9.
|
NOTICE OF DISSOLUTION OF GROUP
|
Not applicable
Not applicable
Exhibit
|
|
No. Description
|
|
|
|
99A*
|
|
Joint Filing Agreement, dated February 17, 2015, between Xiang Xu, Plenty China Limited and Duke Elite Limited
|
* Previously filed on February 17, 2015.
SIGNATURE
After reasonable inquiry and to the best
of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 12, 2021
Xiang Xu
|
/s/ Xiang Xu
|
|
Name:
|
Xiang Xu
|
|
|
|
Plenty China Limited
|
By:
|
/s/ Xiang Xu
|
|
Name:
|
Xiang Xu
|
|
Title:
|
Director
|
Duke Elite Limited
|
By:
|
/s/ Xiang Xu
|
|
Name:
|
Xiang Xu
|
|
Title:
|
Director
|
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