Daqo New Energy Corp. States Its Policy Not to Comment on Unusual Market Activity or Speculative Matters

CHONGQING, China, Jan. 23, 2013 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading polysilicon manufacturer based in China, released the following statement today.

In view of the unusual market activity in Daqo New Energy's ADS on January 22, 2013, the New York Stock Exchange has contacted the Company in accordance with its usual practice; Daqo New Energy stated that its policy is not to comment on unusual market activity or speculative matters.

About Daqo New Energy Corp.

Daqo New Energy Corp. is a leading polysilicon manufacturer based in China. Daqo New Energy primarily manufactures and sells high-quality polysilicon to photovoltaic product manufacturers. The Company also manufactures and sells photovoltaic wafers. For more information about Daqo New Energy, please visit www.dqsolar.com. The Company's ADSs trade on the New York Stock Exchange under the symbol "DQ."

For further information, please contact:
Daqo New Energy Corp.
Kevin He , Investor Relations
+86-23-6486-6556
Kevin.he@daqo.com

SOURCE Chongqing Daqo New Energy Co., Ltd.