Daqo New Energy to Announce Unaudited Third Quarter 2018 Results on November 13, 2018

SHIHEZI,China,Oct. 30,2018 -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"),a leading manufacturer of high-purity polysilicon for the global solar PV industry,today announced that it will release its unaudited financial results for the third quarter ended September 30,2018 before U.S. markets open on Tuesday,November 13,2018.

The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on November 13,2018 (9:00 PM Beijing / Hong Kong time on the same day).

The dial-in details for the earnings conference call are as follows:

Participant dial in (U.S. toll free):

+1-888-346-8982

Participant international dial in:

+1-412-902-4272

China mainland toll free:

4001-201203

Hong Kong local dial in:

+852-301-84992

Please dial in 10 minutes before the call is scheduled to begin and ask to join the Daqo New Energy Corp. call.

You can also listen to the conference call via Webcast through the URL: https://services.choruscall.com/links/dq181113.html

A replay of the call will be available 1 hour after the conclusion of the conference call through November 20,2018. The dial-in details for the conference call replay are as follows:

U.S. toll free:

+1-877-344-7529

International dial in:

+1-412-317-0088

Canada toll free:

855-669-9658

Replay access code:

10125917

Additional international dial-in numbers can be found at the following link:

https://services.choruscall.com/ccforms/replay.html

Participants will be asked to provide their name and company name upon entering the call.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things,Daqo's strategic and operational plans in this announcement contain forward-looking statements. The Company may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission,in its annual reports to shareholders,in press releases and other written materials and in oral statements made by its officers,directors or employees to third parties. Statements that are not historical facts,including statements about the Company's beliefs and expectations,are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement,including but not limited to the following: the demand for photovoltaic products and the development of photovoltaic technologies; global supply and demand for polysilicon; alternative technologies in cell manufacturing; the Company's ability to significantly expand its polysilicon production capacity and output; the reduction in or elimination of government subsidies and economic incentives for solar energy applications; and the Company's ability to lower its production costs. Further information regarding these and other risks is included in the reports or documents that the Company has filed with,or furnished to,the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date hereof,and the Company undertakes no duty to update such information or any forward-looking statement,except as required under applicable law.

ABOUT DAQO NEW ENERGY CORP.

Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company) is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2008,the Company is one of the world's lowest cost producers of high-purity polysilicon. Daqo's highly-efficient and technically advanced manufacturing facility in Xinjiang,China currently has a nameplate annual polysilicon production capacity of 30,000 metric tons,and the Company is undergoing a debottlenecking project and a capacity expansion project and expects to increase its annual polysilicon production capacity to 70,000 metric tons in the first quarter of 2020.

For further information,please contact:

Daqo New Energy Corp.

Investor Relations Department

Phone: +86-187-1658-5553

Email: dqir@daqo.com

Christensen

In China

Mr. Christian Arnell

Phone: +86-10- 5900-1548

E-mail: carnell@christensenir.com

In US

Mr. Tip Fleming

Phone: +1-917-412-3333

Email:tfleming@Christensenir.com

For more information about Daqo New Energy,please visit http://daqo.gotoip1.com/

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