Xinjiang Daqo releases forecast for FY2023 results
Xinjiang Daqo projects a significant 70% YoY decrease in net profit for FY2023. See the factors behind the company’s downbeat forecast here.
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Daqo dives deep into green silicon production
Daqo New Energy Corp’s subsidiary, Xinjiang Daqo, has signed an investment agreement to develop a silicon-based new materials industrial park in Shihezi, China. The first phase of the project entails producing 150,000MT of silicon metal, 50,000MT of polysilicon, and 1.2 million silicon seed rods, requiring an investment of about RMB7.5 billion. The second phase mirrors…