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Daqo New Energy to Announce First Quarter 2011 Financial Results on May 9, 2011

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 first quarter ended March 31, 2011 on Monday, May 9, 2011, before the US market open.

The Company has scheduled a conference call and live webcast to discuss the results at 8:00 am Eastern Standard Time on May 9, 2011, which corresponds to 8:00 pm Beijing/HongKong time on the same date.

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

U.S. Toll Free Number: +1-866-713-8310
International dial-in number: +1-617-597-5308
Passcode: 39883810

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

A replay will be available shortly after the call until June 9, 2011 on the Company website or by dialing:

U.S. Toll Free Number: +1-888-286-8010
International dial-in number: +1-617-801-6888
Passcode: 17885740

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.
Jimmy Lai, +86-23-6486-6677
Jimmy.Lai@daqo.com

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