Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary, Daqo Energy Technology (Shanghai) Co., Ltd. ("Daqo Shanghai"), has signed an investment agreement with the Management Committee of the Kunshan Economic and Technological Development Zone to establish a new manufacturing base. This manufacturing base will focus on the research, development, manufacturing, and sale of next-generation energy solutions and related equipment for artificial intelligence data centers (AIDCs), including energy storage systems, solid-state transformers, solid-state circuit breakers, and solid-state batteries. The project will be built in two phases, with a Phase 1 investment of approximately RMB 2.1 billion. Phase 2 will commence at a later date, subject to the project fulfilling relevant industrial policy and investment requirements. The total project investment is preliminarily expected to be approximately RMB 6 billion. As this project is still in the preparatory stage, the impact of this investment on the Company's future performance cannot be determined at this time.