Daqo New Energy Corp. to Announce Third Quarter 2010 Financial Results on November 16, 2010

Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company"), a leading polysilicon manufacturer based in China, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2010 on Tuesday, November 16, 2010, Eastern Standard Time.

The Company has scheduled a conference call and live webcast to discuss the results at 8:00 PM Eastern Standard Time on November 16, 2010, which corresponds to 9:00 AM Beijing time on November 17, 2010.

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

• U.S. Toll Free Number: +1-866-839-8029
• International dial-in number: +852-2598-7556
• Passcode: 3920161

A live and archived webcast of the conference call with be available on the Investors section of Company's website at www.dqsolar.com.

A replay will be available shortly after the call until November 30, 2010 on the Company’s website or by dialing:

• U.S. Toll Free Number: +1-866-820-8960
• International dial-in number: +852-3018-0000
• Passcode: 3920161

ABOUT DAQO NEW ENERGY CORP.

Daqo New Energy Corp. (NYSE: DQ) is a leading polysilicon manufacturer based in China that aims to become a vertically integrated photovoltaic product manufacturer. Daqo primarily manufactures and sells high-quality polysilicon to photovoltaic product manufacturers. It also manufactures and sells photovoltaic wafers and modules. For more information about Daqo, please visit www.dqsolar.com.