Daqo New Energy Signs 10,350 MT Polysilicon Supply Agreement with JinkoSolar
DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (DQ)
Last daqo new energy corp. american depositary shares, each representing five ordinary shares earnings: 3/11 05:27 am
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Source: PR Newswire
SHIHEZI, China, Feb. 21, 2019 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it had signed a one-year 10,350 MT polysilicon supply agreement with JinkoSolar Holding Co., Ltd. ("JinkoSolar") (NYSE: JKS), a world-renowned solar module manufacturer.Under the terms of the supply agreement, Daqo New Energy will supply JinkoSolar with 10,350 MT of polysilicon during calendar year 2019, with price to be determined on a monthly basis according to market pricing.Mr. Shihua Su, Chief Marketing Officer of Daqo New Energy, commented, "We're pleased to have signed this agreement with JinkoSolar which will further strengthen our relationship. JinkoSolar has been one of our strategic customers for many years. We will continue to support them by supplying our high quality polysilicon products and work together with them to meet the growing demand of th
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