Securities code: 688303 Securities abbreviation: Daqo Energy Announcement No.: 2025-013

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 case is remanded for retrial and the first instance is pending, and the plaintiff changes the litigation claim

The status of the listed company: the defendant

The amount involved: RMB 742,657,800.

Whether it will have a negative impact on the profit and loss of the listed company: This lawsuit is a contract between the company and the supplier

Litigation disputes arising from issues such as performance and the quality of the subject product. After the company receives the relevant materials from the court

A professional lawyer has been hired to analyze and demonstrate the reasonableness of the plaintiff's amended claim. According to the case

and the actual situation are not expected to adversely affect the company's daily production and operation. firm

Always attach importance to operating in accordance with the law, do not recognize the plaintiff's litigation claims, and will assert itself in accordance with the law

legitimate rights and interests, take relevant legal measures to effectively protect the company's reputation and shareholders' interests. Whereas, this

The lawsuit has now been remanded for retrial and the plaintiff has changed its claims

The case has not yet been heard, and the final actual impact on the company's current and future profits and losses will need to be followed up by litigation

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

Disclosure of information.

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").

On January 24, 2024, the "Xinjiang Da Xin" disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn

Announcement of Energy Co., Ltd. on the Company's Involvement in Litigation (Announcement No.: 2024-002). During the trial of the first instance, the plaintiff changed and withdrew part of the litigation claims, the details of which are detailed in the "Announcement of Xinjiang Daqo New Energy Co., Ltd. on the Progress of the Company's Litigation Involvement" (Announcement No.: 2024-022) disclosed by the Company on the website (www.sse.com.cn) of the Shanghai Stock Exchange on May 14, 2024.

In July 2024, the company received the "Civil

Judgment [(2024) Bing 08 Min Chu No. 1], the first-instance judgment is as follows: 1. It is confirmed that the rights and obligations of the "Business Cooperation Agreement" signed between the plaintiff Xinjiang Xian'an New Materials Co., Ltd. and the defendant Xinjiang Daqo New Energy Co., Ltd. will be terminated on December 31, 2023; 2. The defendant Xinjiang Daqo New Energy Co., Ltd. compensated the plaintiff Xinjiang Xian'an New Materials Co., Ltd. for the loss of plant rent and personnel remuneration in the total amount of 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 other litigation claims of the plaintiffs, Xinjiang Xian'an New Materials Co., Ltd. and Xinjiang Dengbo New Energy Co., Ltd., were rejected. 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.: 2024-033) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on July 18, 2024.

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 Branch of the Production and Construction Corps 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

In March 2025, the company received a gift from the Production and Construction Corps Branch of the High People's Court of Xinjiang Uygur Autonomous Region

In Da's Civil Ruling [(2024) Bing Min Zhong No. 17], the Production and Construction Corps Branch of the High People's Court of Xinjiang Uygur Autonomous Region held that the court of first instance did not clarify the facts of the termination of the Business Cooperation Agreement involved in the case. In accordance with Article 177, Paragraph 1, Item 3 of the Civil Procedure Law of the People's Republic of China, the ruling is as follows: 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 Case

Verdict; 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 second-instance case acceptance fee of RMB 9,265,010.

Returned. For details, please refer to the company's website on the Shanghai Stock Exchange on March 18, 2025

(www.sse.com.cn) The "Announcement of Xinjiang Daqo New Energy Co., Ltd. on the Progress of the Company's Involvement in Litigation" (Announcement No.: 2025-011) was disclosed.

2. Progress of the proceedings

Recently, the company received the "Summons of the Intermediate People's Court of the Eighth Division of the Xinjiang Production and Construction Corps" (Case No.: (2025) Bing 08 Min Chu No. 1) and the "Complaint" conveyed by the Intermediate People's Court of the Eighth Division of the Xinjiang Production and Construction Corps.

The plaintiff amended its claims as follows: 1. Order to dissolve the notice signed by Plaintiff 1 and the defendant on January 1, 2022

Business Cooperation Agreement; 2. Order the defendant to pay plaintiff 2 RMB 540,864,688.61 for the loss of profits caused by the defendant's breach of the Business Cooperation Agreement; 3. Order the defendant to file a complaint with a third party, 1 Xinjiang Sokos New Materials Co., Ltd

The company and the third party 2 Lin Yulin paid a total of 190,276,909.76 for the equity transfer price for the acquisition of the entire equity interest of Plaintiff 1

Yuan; 4. Order the defendant to pay Plaintiff 1 the amount of money since April 2023 caused by the defendant's breach of the Business Cooperation Agreement

As of the effective date of the judgment in this case, the loss of factory rent and media fees was RMB 2,269,947.93 (provisionally calculated to June 2024).

month), and the loss of personnel remuneration from April 2023 to the effective date of the judgment in this case of RMB 6,046,422.70 (provisional

until December 2024), totaling $8,316,370.63; 5. Order the defendant to pay cause to Plaintiff 1 and Plaintiff 2

The attorney's fees incurred in this case (tentatively calculated) are RMB 3,199,800.00 (the total amount of the above claims 1 to 5 is tentatively determined.)

RMB742,657,769.00); 6. It is ordered that the litigation costs of this case shall be borne by the defendant.

As of the date of disclosure of this announcement, the case has not yet been tried in the Intermediate People's Court of the Eighth Division of the Xinjiang Production and Construction Corps.

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

This lawsuit is a litigation dispute between the company and the supplier on issues such as the performance of the contract and the quality of the subject product. After receiving the relevant materials served by the court, the company has hired a professional lawyer to analyze and demonstrate the reasonableness of the plaintiff's amended claim. 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, does not recognize the plaintiff's litigation claims, and will assert its legitimate rights and interests in accordance with the law, and take relevant legal measures to effectively protect the company's reputation and shareholders' interests. Whereas, this lawsuit

The litigation case has been remanded for retrial and the plaintiff has not yet held a trial after changing the litigation claim, and the final actual impact on the company's current and future profits and losses shall be subject to the progress of the subsequent litigation, and the company will continue to pay attention to the progress of the above matters and fulfill the information disclosure obligation 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

April 17, 2025