Daqo New Energy Announces Partnership Long-Term High-Purity Polysilicon Supply Agreement with Trina Solar

Daqo New Energy Corp. a main maker of high-immaculateness polysilicon for the worldwide sun oriented PV industry, today reported that it marked a drawn out high-virtue polysilicon flexibly concurrence with Trina Solar a worldwide driving sunlight based PV framework integrator.

Under the flexibly arrangement, Daqo New Energy will give Trina high-virtue mono-grade polysilicon in an aggregate sum of 30,000 MT ~ 37,600 MT between November 2020 and December 2023. Real costs will be haggled by the two players month to month as per economic situations. As a feature of the gracefully arrangement, Trina will make a development installment to Daqo New Energy.

Mr. Jifan Gao, Chairman of Trina Solar, remarked, "As a worldwide driving sunlight based PV arrangement supplier, we are constantly dedicated to development and quality improvement. We are satisfied to go into a drawn out association with Daqo New Energy. This will assist us with bettering execute our system, which is to give progressed sun based PV items and arrangements with higher proficiency to address quickly developing interest in sunlight based PV market, drive network equality and advantage society through efficient power energy."

Mr. Longgen Zhang, Chief Executive Officer of Daqo New Energy, remarked, "We are extremely satisfied to develop our participation with Trina Solar with this three-year polysilicon flexibly understanding. We will keep on giving five star polysilicon items to our clients and work with them to encourage development, improve transformation effectiveness, decrease levelized cost and accomplish lattice equality for sun powered PV energy.

About Trina Solar

Founded in 1997 as a world leading solar PV system integrator, Trina Solar's business includes R&D, manufacture and sales of solar PV modules, power plants and system products, solar PV power generation and operations and maintenance and service, R&D and sales of smart micro-grid, multi-energy system, and smart energy cloud platform operations.

About Daqo New Energy

Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company") is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company is one of the world's lowest cost producers of high-purity polysilicon. Daqo's highly-efficient and technically advanced manufacturing facility currently has a nameplate annual polysilicon production capacity of 70,000 metric tons.