Daqo New Energy Corp. announced that its subsidiaries Xinjiang Daqo and Inner Mongolia 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 and Inner Mongolia Daqo will provide this leading manufacturing company with a total amount of 46,200 MT high-purity mono-grade polysilicon from January 1, 2023 to December 31, 2027.

Actual prices will be negotiated by both parties monthly according to market conditions.