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SHA:688303

3 stories mentioning SHA:688303Updated 35m ago

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Asia

Daqo New Energy Completes Business License Update; Adjusts Articles of Association

Xinjiang Daqo New Energy (SHA:688303) completed industrial and commercial registration changes and received an updated business license.The company abolished its supervisory board and now places audit committee functions within the board of directors, according to a Tuesday filing with the Shanghai bourse.Shares of the polysilicon materials manufacturer were down 1% in recent trade.

SHA:688303
Asia

Daqo New Energy to Build 6 Billion Yuan Facility; Shares Soar 20%

Xinjiang Daqo New Energy (SHA:688303) plans to construct an energy system manufacturing base for 6 billion yuan, according to a Shanghai bourse filing on Thursday.The project will be constructed in two phases.The polysilicon materials manufacturer's subsidiary, Daqo Energy Technology (Shanghai), entered into an investment agreement with Kunshan Economic and Technological Development Zone Administrative Committee, which will help establish a new independent legal entity for the manufacturing base.The manufacturing base will produce smart energy system products, such as energy storage systems and solid-state transformers, circuit breakers and batteries.The company's shares surged 20% during the afternoon trade.

SHA:688303
Asia

Xinjiang Daqo New Energy's Attributable Loss Narrows in 2025

Xinjiang Daqo New Energy's (SHA:688303) attributable loss narrowed to 1.13 billion yuan in 2025 from 2.72 billion yuan in 2024, according to a Tuesday filing with the Shanghai bourse.The polysilicon materials manufacturer logged a loss per share of 0.53 yuan, narrowing from 1.27 yuan in the previous year.Operating income declined _35% year over year to 4.84 billion yuan from 7.41 billion yuan.

SHA:688303

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