Daqo Energy: It is expected that the price of silicon materials will have limited space to explore.

2025-07-02 10:14:45

On July 1, Daqo Energy released a record of investor activity in June. For the follow-up trend of polysilicon prices, Daqo Energy said: "On the supply side, the southwest production capacity in the second half of the year is expected to resume production, superimposed on the impact of high stock capacity, silicon material inventory or return to a high level, the supply pattern has not improved significantly."

On July 1, Daqo Energy released a record of investor activity in June.

According to industry data, the current average transaction price of N-type dense materials is 3.

For the subsequent trend of polysilicon prices, Daqo Energy said: "On the supply side, the southwest production capacity in the second half of the year is expected to resume production, superimposed on the impact of high stock capacity." Silicon material inventory or return to a high level , the supply pattern has not improved significantly.

"On the demand side, with the end of the previous rush to install, in the second half of the year

in view of the current inventory of silicon materials in the company and the industry, Daqo Energy said that it was in a safe range. "At present, the company's silicon material inventory is maintained in a safe and reasonable range; the industry's silicon material inventory is about 400,000 tons .". Considering the historical law of the industry and the current supply and demand pattern, the inventory scale of silicon materials in the industry meets the downstream demand level of two months , which can be considered as a relatively safe and controllable state of the inventory level.

Daqo Energy disclosed that the company 's silicon production guidance for the second quarter was 2.5-2.

The original text is as follows:

First, the company's supply-side reform in the photovoltaic industry . What do you think of the plan to eliminate the backward production capacity in stock and promote the healthy development of the industry through mergers and acquisitions of leading silicon enterprises? No matter what timetable and roadmap the exploration plan is successfully implemented, the photovoltaic industry itself is already on the road to improvement. As a major participant in the industry, the company has always maintained an active attitude of support and cooperation, and is willing to participate in and coordinate the advantages of all parties to seek solutions.

2. What is the current price of silicon materials? What is the company's view on the subsequent price trend of silicon materials? The average transaction price of N-type dense materials was RMB0.44 million/ton, and the average transaction price of N-type dense materials was 3.

On the supply side, the production capacity in Southwest China was expected to resume production in the second half of the year, and the inventory of silicon materials may return to a high level due to the impact of high inventory capacity, and the supply pattern has not been significantly improved. On the demand side, with the end of the rush to install in the early stage, the demand for photovoltaic installation in the second half of the year has weakened, the growth rate has slowed down, the imbalance between supply and demand is difficult to reverse in the short term, and the price of silicon materials will remain at a low level. However, the current N-type dense materials are close to the tax-inclusive cash cost of leading enterprises, and it is expected that there will be limited room for exploration.

The Company will continue to pay attention to the market dynamics and actively respond to the challenges of price fluctuations under the industry cycle with the coordination of continuous cost reduction and efficiency enhancement, flexible production and operation mode and sound financial safety cushion.

Third, the company has sufficient cash on its books. Will there be other capital expenditure plans besides the main business? With sound financial control and flexible operation mode as the core, the company will strengthen its financial security line by strengthening cash flow reserves and optimizing the structure of assets and liabilities, enhance its ability to resist risks at the bottom of the industry cycle, and continue to consolidate its long-term value.

Four, is there any room for the company's cash cost to fall in the second quarter? As the core raw material of silicon materials, the continuous decline of market price of industrial silicon plays a direct role in the decline of cash cost.

In addition, the Company will continue to take the initiative to reduce costs and increase efficiency in the production and operation process to ensure the long-term market competitiveness of products:

(I) Reasonably optimize the procurement and supply mode of raw and auxiliary materials, activate the competition mechanism, and ensure the quality and cost of raw materials from the supply chain.

(2) Optimize the process flow and reduce energy consumption.

(3) Relying on the scientific and technological innovation strength and industrialization advantages of scientific research institutes in universities and Daquan Energy Research Institute, carry out in-depth cooperative research, regulate the proportion of N-type materials in polysilicon products, and reduce comprehensive energy consumption.

(4) Improve the accuracy of cost control through digital manufacturing, and build a safe, efficient, high-quality, low-cost intelligent factory with significant advantages.

Five, will the company have a new asset impairment plan this year?

6. What is the company's current inventory of silicon materials? How much inventory does the industry currently have? How much does inventory fall to reach a safe water level? Considering the historical law of the industry and the current supply and demand pattern, the inventory scale of silicon materials in the industry meets the downstream demand level of two months, which can be considered as a relatively safe and controllable state.

Seven, what is the company's output in the second quarter, and will the subsequent capacity utilization rate change? 5-2. The company will determine the optimal production model according to the product price and market conditions.

8. What is the impact of the reduction of capacity utilization rate on cash cost? Among them, variable costs include silicon powder, electricity, steam and major auxiliary materials, while fixed costs include labor wages and benefits. The impact of changes in

capacity utilization on cash costs is reflected at the fixed cost allocation level. When the capacity utilization rate decreases and the output decreases, the shared cost per unit product increases accordingly, but the fixed cost accounts for a limited proportion of the unit cash cost and has little impact. The change of variable costs such as silicon powder and electricity mainly depends on the fluctuation of production technology and raw material prices, and is not directly related to the change of capacity utilization rate.

9. How many degrees of green electricity did the company use last year? Is there any carbon footprint work?During the reporting period, the Company's use of renewable energy reached 5,514,085.

The Company actively responded to the national "double carbon" strategy, officially launched the product life cycle carbon footprint verification in 2024, systematically promoted the carbon emission reduction plan, and gradually reduced the carbon footprint of the whole industry chain and products relying on its own technological and business advantages. Contribute to building a green and low-carbon future.

10. What is the progress of the company's repurchase?

As of 30 June 2025, the Company repurchased a total of 15,323 shares of the Company through centralized bidding transactions, and the total amount of funds paid was RMB290,753. The Company will strictly comply with the relevant requirements and make repurchase decisions and implement them at an appropriate time according to market conditions during the repurchase period. At the same time, the obligation of information disclosure shall be fulfilled in a timely manner according to the progress of share repurchase.

All can be viewed after purchase
Correlation

On July 23, China Power Construction announced that the company held the eleventh meeting of the fourth board of directors, and the board of directors agreed to appoint Mr. Chen Guanfu and Mr. He Yanfeng as deputy general managers of the company.

2025-07-23 17:11:16

On July 22, the 2025 Fortune China 500 list was released. The list includes both listed and unlisted companies. According to the incomplete statistics of digital new energy DataBM. Com, there are 20 photovoltaic enterprises on the list this year.

2025-07-22 18:03:38

According to foreign media reports, Corning, a world-renowned manufacturer of special glass and ceramic materials, has acquired Jingao Technologies'component factory in Arizona, USA. The facility will become an asset of American Panel Solutions, a wholly owned subsidiary of Corning, according to a Corning spokesman.

2025-07-22 17:58:48

On July 16, Wuhai Jingyuntong New Material Technology Co., Ltd. was listed as the executor again, with the execution targets of 6,028,454.00 yuan and 131,264.00 yuan respectively, and the corresponding case numbers were (2025) Nei 0302 Zhi No.1508 and (2025) Nei 0302 Zhi No.1509 respectively.

2025-07-22 10:15:29

The first is to firmly stabilize the basic situation of the main cement industry, the second is to accelerate the building of a new track for emerging industries, the third is to seize the great opportunity of going abroad, the fourth is to continuously enhance the new momentum of scientific and technological innovation, the fifth is to never forget the old topic of risk provention and control, and the sixth is to review the cohesion of the conch spirit.

2025-07-21 13:51:59

On July 18, Huadian International announced that the board of directors of the company received the resignation report of Chen Bin, vice chairman and general manager of the company, on July 17.

2025-07-18 11:27:03

In the first quarter of 2025, the production cost of polysilicon in Ganquanbao Base was about 43,000 yuan/ton, and the cash cost was about 38,000 yuan/ton. As the company further improves quality and efficiency, the cost of polysilicon is further reduced, ranking the first echelon in China. Based on the market supply and demand situation, the company's total capacity utilization rate is 20% -25%.

2025-07-18 10:25:31

According to the public information of local courts, a number of concrete enterprises have been filed for bankruptcy recently.

2025-07-17 09:40:34

A few days ago, the company and Shanghai Electric formally signed a cooperation order for Saudi Sadawi photovoltaic project with a capacity of 2.3GW, according to CITIC Bo Guanwei on July 17.

2025-07-17 09:40:20

On July 15, R Aikang 1 announced that the company had recently inquired about public channels. Jiangxi Ganzhou Nankang District Urban Construction Development Group Co., Ltd. (Hereinafter referred to as "Ganzhou Nankang") will sell the 600MW heterojunction battery production line equipment of Ganzhou Nankang to the public at 10:00 on August 12, 2025 in Nankang District Center of Ganzhou Public Resources Trading Center. After verification by R Aikang 1, the assets of the auction target are the equipment purchased by its wholly-owned subsidiary Ganzhou Aikang Photoelectric Technology Co., Ltd. (Hereinafter referred to as "Ganzhou Aikang Photoelectric") through financial leasing.

2025-07-16 17:42:41

Hanwha has informed REC Silicon's board of directors that it plans to propose an extraordinary shareholders' meeting to elect a new board of directors in the week beginning August 4.

2025-07-16 17:42:18

On the afternoon of July 14, China Nengjian announced that on that day, the company held the 49th meeting of the third board of directors to consider and adopt the Bill on the Adjustment of Senior Managers of the Company, and agreed to appoint Chen Yong as the chief accountant of the company for a term of office from the date of approval by the board of directors to the expiration of the term of the third board of directors of the company.

2025-07-16 09:32:05

With only one R & D personnel left, Hebang Biology suspended follow-up investment in silicon wafer projects and stopped float glass research and development.

2025-07-15 17:41:17

Digital New Energy DataBM. Com has noticed that many faces from TCL have appeared on the board of directors and leadership team of Maxeon's official website.

2025-07-15 17:36:28

On July 15, Beijing Express issued a semi-annual performance forecast for 2025. In the first half of 2025, the net profit loss of Beijing Express was 165-225 million yuan, and the non-net profit loss was 175-230 million yuan.

2025-07-15 09:52:21

In the first half of this year, Junda suffered a net profit loss of 200-300 million yuan, compared with a loss of 166 million yuan in the same period last year, and a non-net profit loss of 400-500 million yuan, compared with a loss of 390 million yuan in the same period last year.

2025-07-15 09:51:50

In the first half of this year, Hengdian Dongci achieved a net profit of 960-1.05 billion yuan, a year-on-year increase of 49.6% to 63.6%; the net profit after deduction of non-profits was 1.02-1.11 billion yuan, a year-on-year increase of 69.4% to 84.3%.

2025-07-15 09:48:36

On July 15, Hongyuan Green Energy disclosed its performance forecast for the first half of 2025. According to the report, Hongyuan Green Energy is expected to achieve a net profit of -290 million yuan to -350 million yuan in the first half of 2025, which will reduce losses by 807.25 million yuan to 867.25 million yuan compared with the same period last year.

2025-07-15 09:42:16

In the first half of this year, the net profit loss of Aixu shares returned to its mother was 170 to 280 million yuan, and the net profit loss deducted from non-return to its mother was 410 to 520 million yuan, which was significantly reduced compared with last year.

2025-07-14 18:39:49

The announcement shows that in the first half of this year, Tongwei's net profit and non-net profit loss were 4.9 to 5.2 billion yuan, compared with 31.29 yuan in the same period last year.

2025-07-14 17:25:50

At the meeting, Zhang Weicheng made a speech entitled "Focus on goals, precise efforts, and strive for the successful conclusion of the 14th Five-Year Plan", focusing on promoting the realization of the year-round goals and tasks, and put forward five deployment requirements for the key work in the second half of the year.

2025-07-14 16:52:13

On July 12, Yijing Optoelectronics issued a semi-annual performance pre-loss announcement for 2025. In the first half of this year, the net profit of Yijing Optoelectronics is expected to lose 120-160 million yuan, and the non-net profit is expected to lose 119-159 million yuan.

2025-07-14 09:59:06

Recently, the old polysilicon enterprises have made the latest progress in the storm of "REC Silicon" infighting ". For details of the internal strife, please click: the old polysilicon plant is caught in the "internal strife" storm!

2025-07-10 18:20:20

Digital New Energy DataBM. Com was informed that on July 9, the Third Intermediate People's Court of Shanghai announced that on July 2, the court decided to accept the case of compulsory liquidation of Ruiqi (Shanghai) Photovoltaic Technology Co., Ltd. (Hereinafter referred to as "Ruiqi Photovoltaic"), case No. (2025) Shanghai 03 Qiangqing 471.

2025-07-10 18:13:14

According to the annual report of the enterprise disclosed in May 2025, the total assets of Huachuan Group are 7.418 billion yuan, the total liabilities are 5.918 billion yuan, the asset-liability ratio is about 79.8%, and the owner's equity is only 1.5 billion yuan, which shows that its financial pressure is greater.

2025-07-10 11:07:44

On July 9, TCL Zhonghuan released the Semi-annual Performance Forecast for 2025. The announcement shows that the company expects to achieve a net profit loss of 4 billion yuan to 4.5 billion yuan in the first half of 2025.

2025-07-09 21:45:04

On July 9, Aerospace Mechatronics announced that the board of directors of the company had recently received a written resignation report submitted by Shi Jiachao, director and deputy general manager of the company. Due to job changes, Shi Jiachao submitted a request to resign as director and deputy general manager.

2025-07-09 09:23:04

On July 9, Trina Solar announced that Ding Huazhang, deputy general manager of the company, would no longer serve as deputy general manager of the company due to job transfer. After the adjustment, Mr. Ding Huazhang would continue to serve as director of Tianhe Fujia Energy Co., Ltd. (Hereinafter referred to as "Tianhe Fujia"), a subsidiary of the company, and would further serve as deputy general manager of Tianhe Fujia. It will also focus on the operation and management of Tianhe Fujia.

2025-07-09 09:20:33

The announcement shows that as of June 30, 2025, the installed capacity of China Nuclear Power New Energy Holdings in operation was 33.2249 million kilowatts, including 10.3418 million kilowatts of wind power, 22.8831 million kilowatts of photovoltaic power, and 1.651 million kilowatts of independent energy storage power stations; The installed capacity under construction is 10.4475 million kilowatts, including 1.8497 million kilowatts of wind power and 8.5978 million kilowatts of photovoltaic power.

2025-07-08 16:06:01

Digital New Energy DataBM. Com has learned that recently, the official website of the State Energy Group has been updated, and Feng Laifa has been appointed director, general manager and Deputy Secretary of the Party Group of the State Energy Group in the column of group leadership.

2025-07-07 10:05:55

On July 3, Otway released a record of investor relations activities. Zhou Yongxiu, Secretary of the Board of Directors of the company, Li Cuifen, Tao Minyan, Zhang Qiuyi and Miao Zijian of the Securities Department participated in the reception and answered questions about the company's operation and technical layout.

2025-07-07 09:58:55

On July 4, Trina Solar released a record of investor relations activities in June. Wu Qun, Secretary of the board of directors of the company, and the investor relations team participated in the reception and responded to questions about the company's operation and future technology.

2025-07-07 09:57:16

On July 5, Guosheng Science and Technology announced that it had recently received written resignation reports from Zhang Zhongwei, deputy general manager of the company, and Li Ping, secretary of the board of directors.

2025-07-07 09:55:42

On July 5, Sent announced that on July 3, the company and Xi'an Longji Green Energy Construction Technology Co., Ltd. (Hereinafter referred to as "Longji Green Construction") reached an agreement on the adjustment of 100% equity transfer consideration of Longji Green Energy Photovoltaic Engineering Co., Ltd. (Hereinafter referred to as "Longji Photovoltaic Engineering Co., Ltd.") and signed relevant supplementary clauses.

2025-07-07 09:52:06

Digital New Energy DataBM. Com has learned that Jiangsu Taiyi Photovoltaic Technology Co., Ltd. (Hereinafter referred to as "Taiyi Photovoltaic") was filed for bankruptcy by Haiying New Energy Technology (Kunshan) Co., Ltd. to the People's Court of Jintan District, Changzhou City, Jiangsu Province (hereinafter referred to as "Jintan District Court") on July 1. The case number is (2025) Su 0413 Po Shen No.38.

2025-07-03 15:16:59

On July 2, Tongwei issued a record of investor activities. Yan Ke, Secretary of the board of directors of the company, and Zhong Qiushi, manager of investor relations, participated in the reception and responded to the company's technology, capacity scheduling, project resumption and other issues.

2025-07-03 09:16:03

On July 1, Atlas released a record of investor relations activities in June. Qu Xiaohua, chairman of the company, Zhuangyan, president, Xu Xiaoming, secretary of the board of directors, and Zhang Lichen, representative of securities affairs, participated in the reception and responded to questions about the industry situation, company business and technology input.

2025-07-02 17:03:38

On July 1, Longji Green Energy released a record of investor relations activities in June. Wu Xiaoni, deputy senior manager of investor relations management, and Liu Wei, manager of investor relations management, participated in the reception and responded to questions about the industry, the company's focus, and technology research and development.

2025-07-02 16:53:47

On June 30, JinkoSolar released a record of investor relations activities. Jiang Rui, Secretary of the Board of Directors of the company, Wei Tian, Senior Director of Investor Relations, Chen Puzhuang and Zhang Youhao, Manager of Investor Relations, participated in the reception and responded to questions about the industry situation and the company's operation.

2025-07-02 16:53:23

On July 1, Daqo Energy released a record of investor activity in June. For the follow-up trend of polysilicon prices, Daqo Energy said: "On the supply side, the southwest production capacity in the second half of the year is expected to resume production, superimposed on the impact of high stock capacity, silicon material inventory or return to a high level, the supply pattern has not improved significantly."

2025-07-02 10:14:45

On July 1, China Nengjian announced that it had recently received a written resignation report from Song Hailiang, chairman of the company. Due to job transfer, Mr. Song Hailiang resigned as chairman of the third board of directors, executive director, director of the strategic committee of the board of directors and director of the nomination committee of the board of directors.

2025-07-01 09:30:00

Recently, the relevant comrades of SASAC held a meeting in China Communications Group to announce the major adjustment of the main leadership of China Communications Group-Song Hailiang as the Secretary and Chairman of the Party Committee, Zhang Bingnan as the Deputy Secretary and General Manager of the Party Committee.

2025-06-30 13:37:28

On June 26, the official website of Shenzhen Stock Exchange showed that the application for IPO of wheat field energy GEM was accepted.

2025-06-27 10:06:09

The signing of this agreement marks the deep integration of resource sharing and business collaboration between the two sides, which will inject strong momentum into optimizing resource allocation and enhancing market competitiveness, and make greater contributions to promoting high-quality development of local economy and improving the level of regional infrastructure construction.

2025-06-24 10:53:40

The company responded to the relevant questions in the inquiry letter, involving overseas business, fire in Shanxi base, sale of subsidiaries and other matters.

2025-06-24 10:19:07

On June 20, the Shenzhen Stock Exchange announced that a few days ago, Sunny Technologies submitted an application to the Shenzhen Stock Exchange to withdraw its IPO documents, while the sponsor Rensheng Securities also withdrew the corresponding application. According to the relevant regulations, the Shenzhen Stock Exchange terminated the audit of the initial public offering of Sunny Technology and its listing on the main board.

2025-06-24 09:36:56

Digital New Energy DataBM. Com learned from the National Enterprise Bankruptcy Restructuring Case Information Network that on June 19, the announcement of the voting results of the draft Ott Photovoltaic Restructuring Plan was published.

2025-06-24 09:24:05

According to foreign media reports, Maxeon, a subsidiary of TCL Central, announced that Vikas Desai, its chief commercial officer (CCO), would leave at the end of June. Aiping Guo, chief executive, will temporarily take over as chief commercial officer.

2025-06-23 10:25:34

On June 21, Guosheng Science and Technology announced that Anhui Guosheng New Energy Technology Co., Ltd. (Hereinafter referred to as "Guosheng New Energy"), a subsidiary of the company's secondary holding company, had recently signed the "China-Guangzhou Nuclear Wind Power Co., Ltd." The "China-Guangzhou Nuclear New Energy 2025 Photovoltaic Module Equipment Frame Collection Package 1 (Bid Section II) Procurement Contract".

2025-06-23 09:22:23

The title is "Port Coal Price Statistics Table". The table shows the coal prices of several ports in Bohai Rim, East China, South China and other regions, with the unit of yuan/ton, including different coal types, types and calorific values. The coal prices of Sime Darby Port, Rugao Port, Jiangyin Port and other places have a relatively large change value of 25; the coal prices of Zhicheng Port, Haichang Wharf, Zhudian Wharf and other places have a relatively small change value of 0.