Stock code: 688303 Stock abbreviation: Daqo Energy Announcement No.: 2024-055

Xinjiang Daqo New Energy Co., Ltd

Regarding the resignation of directors and general managers, by-election of directors and appointment of general managers

of the announcement

The Board of Directors and all directors of the Company guarantee that there are no false records or misleading statements in the content of the announcement

or material omissions, and bear legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

1. Resignation of directors and general managers

The board of directors of Xinjiang Daqo New Energy Co., Ltd. (hereinafter referred to as the "Company") recently received a written resignation report submitted by Mr. Wang Xiyu, director, general manager and core technical personnel. Due to the adjustment of his position, Mr. Wang Xiyu resigned as a director, general manager and member of the special committee of the company. After his resignation, Mr. Wang Xiyu still holds other positions in the company and is still a core technical personnel of the company.

In accordance with the relevant laws and regulations such as the People's Republic of China Company Law, the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1 - Standardized Operation, and the Articles of Association of Xinjiang Daqo New Energy Co., Ltd., the report on Mr. Wang Xiyu's resignation as a director of the Company shall take effect from the date of delivery to the Board of Directors. After his resignation as the director, general manager and member of the special committee of the Company, Mr. Wang Xiyu still holds other positions in the Company, is still a core technical personnel and will continue to serve the Company, and his resignation as a director has not caused the number of members of the Board of Directors of the Company to fall below the legal minimum number, will not affect the normal operation of the Board of Directors, and will not adversely affect the daily management and production and operation of the Company.

As of the disclosure date of this announcement, Mr. Wang Xiyu does not directly hold shares of the company. During his tenure as the director, general manager and member of the special committee of the Company, Mr. Wang Xiyu was dedicated to his duties and responsibilities, and played an important role in the standardized governance and sound development of the Company. The Company and the Board of Directors would like to express their heartfelt thanks to Mr. Wang Xiyu for his contributions to the Company during his tenure.

2. By-election of directors and appointment of general manager

The board of directors of the company is composed of a total of 9 directors, and 1 director is vacant, in order to improve the corporate governance structure, to ensure that

The standardized operation of the board of directors of the company shall be in accordance with the relevant provisions of the People's Republic of China Company Law, the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1 - Standardized Operation, and the Articles of Association

The Board of Directors of the Company nominated and the Nomination Committee reviewed the qualifications, and the Company held the third term of directors on October 30, 2024

At the thirteenth meeting, the "Proposal on the Appointment of the General Manager of the Company" and the "Proposal on the By-election of Non-Independent Directors of the Third Board of Directors of the Company" were deliberated and approved, and it was agreed to appoint Mr. Zhu Wengang as the general manager of the company, and the term of office will be from the date of deliberation and approval of the board of directors to the date of expiration of the term of the third board of directors; He also agreed to nominate Mr. Zhu Wengang as a non-independent director candidate for the third session of the board of directors of the company (please refer to the attachment for details of the candidates' resumes), and the term of office will be from the date of deliberation and approval of the general meeting of shareholders to the date of expiration of the term of the third board of directors. The election of non-independent directors still needs to be submitted to the company's second extraordinary general meeting of shareholders in 2024 for deliberation.

3. Adjustment of the members of the Strategy and Sustainable Development Committee of the third board of directors of the company

In view of the resignation of Mr. Wang Xiyu as a director, the Company held the 10th meeting of the third session of the Board of Directors on October 30, 2024

In order to improve the corporate governance structure and ensure the standardized operation of the board of directors of the company, it is now proposed to adjust Mr. Zhu Wengang as a member of the strategy and sustainable development committee of the third board of directors of the company, which will take effect from the date on which the shareholders' meeting agrees to by-elect Mr. Zhu Wengang as a non-independent director.

AFTER THE ADJUSTMENT, THE MEMBERS OF THE STRATEGY AND SUSTAINABLE DEVELOPMENT COMMITTEE OF THE THIRD BOARD OF DIRECTORS OF THE COMPANY ARE: XU GUANGFU (DIRECTOR), XU XIANG, GE FEI, SHI DAFENG, LIANSHENG TAO, ZHU WENGANG AND SUN YICHENG. The other members of the special committees of the Board of Directors of the Company remain unchanged.

The announcement is hereby made.

Board of Directors of Xinjiang Daqo New Energy Co., Ltd

October 31, 2024

Attachment: Curriculum vitae

Mr. Zhu Wengang, born in August 1969, Chinese nationality, no right of permanent residence abroad, Chengdu University of Science and Technology

Graduated with a degree in Chemical Technology and Engineering. From August 2008 to July 2017, he served as the director of Chongqing Daqo New Energy Co., Ltd

General Manager of the Company's Polysilicon Division; From July 2017 to July 2022, he served as the owner of Xinjiang Daqo New Energy Co., Ltd

Limited to the company's safety and environmental protection director; From July 2022 to January 2023, he served as Mongolia Daqo New Energy Co., Ltd

Director of Safety and Environmental Protection; From January 2023 to August 2023, he served as the general manager of the safety and environmental protection department of Daqo Energy Headquarters; 2023

Since August this year, he has served as the vice president of Daqo Energy and the general manager of Xinjiang manufacturing base.

As of the disclosure date of this announcement, Mr. Zhu Wengang does not directly hold shares of Xinjiang Daqo New Energy Co., Ltd., and he has no relationship with shareholders and other directors, supervisors, senior managers, controlling shareholders and actual controllers who hold more than 5% of the company's shares, and there is no situation that prohibits him from serving as a director or senior manager of the company as stipulated in the Company Law; There is no punishment by the China Securities Regulatory Commission and other relevant departments or punishment by the Shanghai Stock Exchange, and there is no suspected crime and has not been investigated by the judicial authorities or suspected of violating laws and regulations by the China Securities Regulatory Commission, and is not a dishonest person subject to execution.