Daqo New Energy subsidiaries sign polysilicon supply agreements in China

Daqo New Energy announced that its subsidiaries had signed two long-term high-purity polysilicon supply agreements with LONGi Green Energy and another solar manufacturing company in China, respectively. Under the supply agreement with LONGi, Daqo New Energy’s subsidiary Inner Mongilia Daqo will provide LONGi with a total amount of 251,280 MT high-purity mono-grade polysilicon from May 2023 to December 2027. Actual prices will be negotiated by both parties monthly according to market conditions. Under the supply agreement with another solar manufacturing company, Xinjiang Daqo and Inner Mongolia Daqo will provide it with 27,600 MT high-purity mono-grade polysilicon from January 2023 to December 2027. Actual prices will be negotiated by both parties monthly according to market conditions.