Daqo New Energy Files Annual Report on Form 20-F for Fiscal Year 2021

SHANGHAI,March 30,2022 -- 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 filed its annual report on Form 20-F for the fiscal year ended December 31,2021,which contains the Company's audited consolidated financial statements,with the Securities and Exchange Commission (the "SEC") on March 30,2022.

The annual report on Form 20-F can be accessed and downloaded from the SEC's website at www.sec.gov or through the investor relations section of the Company's website at http://ir.xjdqsolar.com/. Holders of the Company's securities may request a hard copy of the Company's annual report free of charge by contacting the Company by mail at:

Daqo New Energy Corp.

Investor Relations

Unit 29,Huadu Building,838 Zhangyang Road

Pudong District,Shanghai,China,200122

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 2007,the Company manufactures and sells high-purity polysilicon to photovoltaic product manufactures,who further process the polysilicon into ingots,wafers,cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 105,000 metric tons and is one of the world's lowest cost producers of high-purity polysilicon.

For more information,please visit http://www.dqsolar.com

For further information,please contact:

Daqo New Energy Corp.

Investor Relations

Phone: +86-187 1658 5553

Email: dqir@daqo.com

Christensen

In China

Mr. Rene Vanguestaine

Phone: +86 178 1749 0483

rvanguestaine@christensenir.com

In the U.S.

Mr. Tip Fleming

Phone: +1-917-412-3333

Email: tfleming@Christensenir.com

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