June 3, Daquan Energy issued an announcement on foreign investment and new business. (
hereinafter referred to as "Daquan Science and Technology") signed the Investment Agreement with the Management Committee of Kunshan Economic and Technological Development Zone, Jiangsu Province. It is agreed that Daquan Science and Technology will build the " Daquan Intelligent Energy System Manufacturing Base Project " in Kunshan Development Zone. It is mainly engaged in the R & D, manufacturing and sales of smart energy system solutions and related equipment (including energy storage systems, solid-state transformers, solid-state circuit breakers and solid-state batteries ). The total investment of the
project is 6 billion yuan , divided into two phases of construction, the first phase of investment is about 2.1 billion yuan , the second phase of the project will be promoted after the project meets the relevant industrial policy conditions and investment conditions. The construction period of the project is 24 months .
For the above project, Daqo Energy said that it aims to build a manufacturing base for the next generation of power supply and distribution and intelligent energy integration system serving the Intelligent Computing Center (AIDC). The company believes that the project products serve clean energy consumption , and its implementation can not only promote the company's diversified layout in the new energy industry chain , consolidate its leading position in the industry, and enhance its comprehensive competitiveness. It will also help improve the industrial ecology of the integration of artificial intelligence and new energy, and promote the upgrading of regional industrial structure to high-end.
For this extension of business to AIDC distribution, the company said it could effectively disperse the company's operational risks and foster new profit growth points.
In recent years, affected by the downward cycle of the photovoltaic industry, Daqo Energy has fallen into a loss dilemma. From 2024 to 2025, the company lost two years in a row, with a total loss of 3.847 billion yuan. However, the loss will continue in 2026. Daqo Energy, as a polysilicon leader with silicon materials as its single main business, urgently needs to find new profit growth points.
For the layout of AIDC track business, Daquan Energy disclosed in the announcement that Daquan Science and Technology intends to set up a new Kunshan Project Company in Kunshan Development Zone to implement the above-mentioned project construction. Kunshan Project Company is integrated into the unified management of the listed company system. Daqo Energy will appoint directors and general managers to be directly responsible for production, sales and daily management, so as to speed up the landing of the project and achieve stable operation of the project.
As of the close of June 4th, the share price of Daqo energy was 22.46 yuan per share, up 19.98%.
浙公网安备33010802003254号