On July 6, Daqo New Energy released that indicating that the company's current capacity utilization rate is approximately 50%. In Q1, the company's polysilicon production reached 43,000 tonnes, with production operations maintaining a stable pace. To address polysilicon price volatility, the company has prioritized safeguarding cash flow and ensuring long-term operational quality, while adopting a prudent sales strategy and rationally managing shipment schedules. During the reporting period, the company achieved sales volume of 4,500 tonnes, with inventory amounting to Yuan 1.95 billion as of the end of the reporting period.
Edited by Cassie Li, lixiangying@mysteel.com
