Daqo New Energy Corp. (NYSE:DQ) is exploring the idea of listing Xinjiang Daqo New Energy Co., Ltd. separately on the National Equities Exchange and Quotations. In the event that Daqo New Energy is able to effect the proposed New Third Board listing of Xinjiang Daqo, the current intention of the company is that, immediately after such listing, it will own a substantial majority of the outstanding equity interest of Xinjiang Daqo and continue to consolidate its financial results.

The company expects that, after the proposed New Third Board listing of Xinjiang Daqo, the company's American depositary shares will continue to be traded on the New York Stock Exchange.