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Daqo New Energy Corp. Receives Excellent Supplier Award 2010 from Yingli Green Energy

Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading polysilicon manufacturer based in China, today announced that it has received an Excellent Supplier Award 2010 from Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy”) during the supplier day hosted by Yingli Green Energy at its headquarters on November 1, 2010. Chongqing Daqo New Energy was the only Chinese polysilicon manufacturer to receive this award.

“We are honored to receive the Excellent Supplier Award from Yingli Green Energy, the leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers”, said Dr. Gongda Yao, the Chief Executive Officer of Daqo New Energy. “We have been supplying Yingli Green Energy with high quality polysilicon since our inception, and we look forward to continuing our working relationship with Yingli Green Energy in the future. The award recognizes our continuous commitment to providing the highest quality polysilicon to our customers, and further establishes us as a trusted supplier of high quality photovoltaic power generation solutions for our customers around the world.”

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.

Contacts:

Daqo New Energy Corp.
Calvin Lau, +86-23-6486-6658
Calvin.Lau@daqo.com

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