On December 6,2022， Daqo announced that the second phase of the high-purity polysilicon project with an annual output of 100,000 tons has completed the energy assessment and approval procedures and will be officially launched in the near future.

Daqo's 200,000-ton/year high-purity polysilicon project and 21,000-ton/year semiconductor polysilicon project were invested and constructed in Jiuyuan Industrial Park, Baotou City, Inner Mongolia, and were completed in two phases. The main body of the project is Inner Mongolia Daxin Energy Co., Ltd., a wholly-owned subsidiary. At present, the second phase of the project with an annual output of 100,000 tons of high-purity polysilicon has completed the energy assessment and approval procedures and will be officially launched in the near future. In addition, the semiconductor polysilicon project in the second phase of the project will be advanced in due course according to market demand.

The second phase of the polysilicon project with an annual output of 100,000 tons is expected to have a total investment of 9.185 billion yuan, and it is planned to be completed and put into operation by the end of 2023. After the project is put into production, the company's accumulative annual production capacity can reach 305,000 tons.