Daqo New Energy Corp - ADR

NYSE:DQ   3:59:59 PM EDT
71.42
+4.25 (+6.33%)
4:39:16 PM EDT: $71.38 -0.04 (-0.06%)
Debt Financing / Related, Products, Expansion

Daqo New Energy's Subsidiary Xinjiang Daqo Receives Approval From CSRC For Private Offering In China's A-Share Market

Published: 06/09/2022 06:21 GMT
Daqo New Energy Corp - ADR (DQ) - Daqo New Energy's Subsidiary Xinjiang Daqo Receives Approval From Csrc for Its Planned Private Offering in China's A-share Market.
Xinjiang Daqo Intends to Raise Up to Rmb11 Billion From This Private Offering.
Approval From China Securities Regulatory Commission is Valid Until May 29, 2023.
Rmb 8 Billion of Gross Proceeds to Be Used for Its 100,000 Metric Tons of Polysilicon Expansion Project in Baotou City.