Daqo New Energy Corp. announced that its subsidiary Xinjiang Daqo?s board of directors has approved its cash dividend plan for 2023 and has proposed it to Xinjiang Daqo's annual shareholders' meeting for approval. Xinjiang Daqo?s board of directors has approved the payment of a cash dividend to Xinjiang Daqo?s shareholders (including Daqo New Energy) in the aggregate amount of RMB 893,308,292 which accounts for 15.50% of the net profit attributable to them in 2023.

This plan still needs to be submitted to Xinjiang Daqo?s annual shareholders meeting for approval, which is expected to be held in mid-April.