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Daqo New Energy Filed its Annual Report on Form 20-F for 2010

Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading polysilicon manufacturer based in China, today announced the filing of its annual report on Form 20-F for the year ended December 31, 2010, which contains the Company's audited consolidated financial statements, with the Securities and Exchange Commission. The annual report on Form 20-F can be accessed and downloaded from the SEC website at www.sec.gov or through the investor relations section of the Company's website at http://ir.dqsolar.com.

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 New Energy 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 New Energy, please visit www.dqsolar.com.

Contacts:

Daqo New Energy Corp.
Jimmy Lai, +86-23-6486-6677
Chief Financial Officer
jimmy.lai@daqo.com

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