Daqo New Energy Corp. announced that its subsidiary Xinjiang Daqo had signed a five-year high-purity polysilicon supply agreement with a leading solar manufacturing company in China. Under the supply agreement, Xinjiang Daqo will provide this leading manufacturing company with a total amount of 148,800 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.