Stock code: 688303 Stock abbreviation: Daqo Energy Announcement No.: 2025-011

Xinjiang Daqo New Energy Co., Ltd

Announcement on the progress of the company's involvement in litigation

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of the announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important:

The litigation stage of the case: The second-instance ruling was made and remanded to the intermediate people of the Eighth Division of the Xinjiang Production and Construction Corps

Retrial by the court.

The status of the listed company: the appellee (the defendant in the original trial)

The amount involved: RMB 184,780.00, all of which are expected contingent economic losses.

Second-instance ruling: 1. Revoke the Intermediate People's Court of the Eighth Division of the Xinjiang Production and Construction Corps (2024)

Bing 08 Min Chu No. 1 Civil Judgment; 2. This case was remanded to the intermediate people of the Eighth Division of the Xinjiang Production and Construction Corps

Retrial by the court.

Whether it will have a negative impact on the profit and loss of the listed company: In view of the fact that this litigation case needs to be retried by the court, root

According to the content of the case and the actual situation, it is not expected to have an adverse impact on the company's daily production and operation.

The company always attaches great importance to operating in accordance with the law, and does not recognize the appellant's claim, and will assert itself in accordance with the law

The legitimate rights and interests of the company shall be subject to relevant legal measures to effectively safeguard the reputation of the company and the interests of shareholders. In view of the case

The case needs to be retried by the court, and the final actual impact on the company's current and future profits and losses needs to be progressed by subsequent litigation

The company will continue to pay attention to the progress of the above matters and fulfill the letter in a timely manner in accordance with the relevant regulations

Information Disclosure Obligations.

1. Basic information on the litigation

In January 2024, Xinjiang Daqo New Energy Co., Ltd. (hereinafter referred to as the "Company" or "Defendant")

Officially entered the response procedure for the contract dispute case of Xinjiang Xian'an New Materials Co., Ltd. (hereinafter referred to as "Plaintiff 1") and Xinjiang Dengbo New Energy Co., Ltd. (hereinafter referred to as "Plaintiff 2"), the specific content of which is detailed in the company's announcement in 2024

On January 24, the "Announcement of Xinjiang Daqo New Energy Co., Ltd. on the Company's Involvement in Litigation" (Announcement No.: 2024-002) disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn). During the trial period of the first instance

The plaintiff amended and withdrew some of its claims, as detailed in the Company's May 14, 2024 filing

Announcement of Xinjiang Daqo New Energy Co., Ltd. on the Progress of the Company's Involvement in Litigation (Announcement No.: 2024-022) disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn).

On July 17, 2024, the company received a letter from the Intermediate People's Court of the Eighth Division of the Xinjiang Production and Construction Corps

In the Civil Judgment [(2024) Bing 08 Min Chu No. 1], the first-instance judgment is as follows: 1. The Business Cooperation Agreement signed between the plaintiff Xinjiang Xian'an New Materials Co., Ltd. and the defendant Xinjiang Daqo New Energy Co., Ltd. is confirmed

The rights and obligations will be terminated on December 31, 2023; 2. Defendant Xinjiang Daqo New Energy Co., Ltd

compensate the plaintiff, Xinjiang Xian'an New Materials Co., Ltd., for the loss of factory rent and personnel remuneration totaling RMB 3,058,075.11; 3. The defendant, Xinjiang Daqo New Energy Co., Ltd., compensated the plaintiff, Xinjiang Xian'an New Materials Co., Ltd., for its attorney's fees of RMB 100,000; The total amount of the above amount is 3,158,075.11 yuan, which the defendant Xinjiang Daqo New Energy Co., Ltd. shall pay off within 10 days after the judgment takes effect; 4. The plaintiffs Xinjiang Xian'an New Materials Co., Ltd. and Xinjiang Dengbo New Materials were dismissed

Other claims of Energy Limited. For details, please refer to the company's Shanghai Stock Exchange on July 18, 2024

The "Announcement of Xinjiang Daqo New Energy Co., Ltd. on the Progress of the Company's Involvement in Litigation" (Announcement No.: 2024-033) disclosed on the website of the Securities Exchange (www.sse.com.cn).

In August 2024, the company received the "Civil

Appeal Petition", Plaintiff 1 and Plaintiff 2 (hereinafter referred to as the "Appellant") were dissatisfied with the first-instance judgment and appealed to the Production and Construction Corps Branch of the High People's Court of Xinjiang Uygur Autonomous Region, requesting that the civil judgment of the Intermediate People's Court of the Eighth Division of the Xinjiang Production and Construction Corps [(2024) Bing 08 Min Chu No. 1] be revoked in accordance with the law, and the judgment should be changed to support all the appellant's first-instance claims, and the total amount of these claims is tentatively calculated as RMB 1,847,800,013.75, and the appellee shall bear the burden of the first instance of this case. All litigation costs of the second instance. For details, please refer to the "Announcement of Xinjiang Daqo New Energy Co., Ltd. on the Progress of the Company's Involvement in Litigation" (Announcement No.: 2024-037) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on August 16, 2024.

2. Progress of the proceedings

Recently, the company received the Civil Ruling [(2024) Bing Min Zhong No. 17] delivered by the Production and Construction Corps Branch of the Xinjiang Uygur Autonomous Region High People's Court, and the Production and Construction Corps Branch of the Xinjiang Uygur Autonomous Region High People's Court held that the court of first instance did not clarify the facts of the termination of the Business Cooperation Agreement involved in the case. depend on

In accordance with Article 177, Paragraph 1, Item 3 of the Civil Procedure Law of the People's Republic of China, it is ruled as follows:

1. Revoke the (2024) Bing 08 Min Chu No. 1 Civil Judgment of the Intermediate People's Court of the Eighth Division of the Xinjiang Production and Construction Corps

Decide;

2. This case was remanded to the Intermediate People's Court of the Eighth Division of the Xinjiang Production and Construction Corps for retrial.

The appellants, Xinjiang Xian'an New Materials Co., Ltd. and Xinjiang Dengbo New Energy Co., Ltd., paid a fee of RMB 9,265,010 for the second-instance case, which was refunded.

3. The impact of the progress of the litigation on the company

In view of the fact that this litigation case needs to be retried by the court, according to the content of the case and the actual situation, it is expected that it will not adversely affect the company's daily production and operation. The Company always attaches great importance to operating in accordance with the law, does not recognize the Appellant's claims, and will assert its legitimate rights and interests in accordance with the law, and take relevant legal measures to effectively safeguard the Company's reputation and the interests of shareholders. In view of the fact that the case needs to be retried by the court, and the final actual impact on the company's current and future profits and losses shall be subject to the progress of subsequent litigation, the company will continue to pay attention to the progress of the above matters and fulfill its information disclosure obligations in a timely manner in accordance with relevant regulations.

Please pay attention to the investment risks.

The announcement is hereby made.

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

March 18, 2025