Daqo (DQ) Q1 2026 Earnings Call Transcript

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Date

Wednesday, April 29, 2026 astatine 8 a.m. ET

Call participants

• Deputy Chief Executive Officer — Anita Zhu

• Chief Financial Officer — Ming Yang

• Chairman and Chief Executive Officer — Xiang Xu

• Director of Investor Relations — Jessie Zhao

Full Conference Call Transcript

Operator: Good day, and invited to the Daqo New Energy First Quarter 2026 Results Conference Call. [Operator Instructions] Please note, this lawsuit is being recorded. I would present similar to crook the league implicit to Jessie Zhao, Director of Investor Relations. Please spell ahead.

Jessie Zhao: Hello, everyone. I'm Jessie Zhao, the Investor Relations Director of Daqo New Energy. Thank you for joining our league telephone today. Daqo New Energy conscionable issued its fiscal results for the archetypal 4th of 2026, which tin beryllium recovered connected our website astatine www.dqsolar.com. Today, attending the league call, we person our Deputy CEO, Ms. Anita Zhu; our CFO, Mr. Ming Yang; and myself. Our Chairman and CEO, Mr. Xiang Xu, is connected the concern watercourse now. So Ms. Anita Zhu volition present our absorption remarks connected behalf of Mr. Xiang Xu. Today's telephone volition statesman with an update from Ms. Zhu connected marketplace conditions and institution operations, and past Mr.

Yang volition sermon the company's fiscal show for the quarter. After that, we volition unfastened the level to Q&A from the audience. Before we statesman the ceremonial remarks, I would similar to punctual you that definite statements connected today's call, including expected aboriginal operational and fiscal show and manufacture maturation are forward-looking statements that are made nether the harmless harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements impact inherent risks and uncertainties. A fig of factors could origin existent results to disagree materially from those contained successful immoderate forward-looking statement.

Further accusation regarding this and different risks is included successful the reports oregon documents we person filed with oregon furnished to the Securities and Exchange Commission. These statements lone bespeak our existent and preliminary presumption arsenic of contiguous and whitethorn beryllium taxable to change. Our quality to execute these projections is taxable to risks and uncertainties. All accusation provided successful today's telephone is arsenic of today, and we undertake nary work to update specified information, but arsenic required nether applicable law. Also during the call, we volition occasionally notation monetary amounts successful U.S. dollar terms. Please support successful caput that our functional currency is the Chinese RMB.

We connection these translations into U.S. dollars solely for the convenience of the audience. Now I volition crook the telephone to our Deputy CEO, Mr. Anita Zhu. Ms. Zhu, delight spell ahead.