Daqo New Energy Filed its 2011 Annual Report on Form 20-F

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, 2011, 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. 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:

About Daqo New Energy Corp.

Daqo New Energy Corp. (NYSE: DQ) is a leading polysilicon manufacturer based in China. 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.