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153 0 0 102 153 0 Providing Global Solar Energy and Solutions 153 0 0 102 153 0 2014 COMPANY PROFILE 255 204 153

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Daqo Confidential Information 0 Energy to Surprise Daqo Group Introduction

10 70 148 Daqo Group is one of largest enterprise nationwide, headquarter in Yangzhong, Jiangsu province, found 48 years ago, and 100% privately own. In 2013, Daqo Group had a revenue of over 1.9 billion USD , with RGB code for charts 10000+ employees worldwide. Over 40 companies (including 7 joint ventures with Siemens, Moeller, Eaton, 230 115 0 Secheron, Nkt, etc.) 10 70 148

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Daqo Confidential Information 1 Energy to Surprise Daqo Group – 3 Industry Sectors

10 70 148 Electric equipment – Yangzhong, Jiangsu, Daqo's traditional business RGB code for charts specializing in mid/low voltage electrical systems including switchgear 230 115 0 boxes, transformers, bus lines and system components . Rank #2 in the 10 70 148 field. 255 141 47 0 102 153 146 146 146

153 0 0 Renewable Energy - Manufacturing and sales of PV products such 102 153 0 as polysilicon, silicon ingots/wafers, solar cells ,solar modules, solar inverter ,mounting system .etc, 153 0 0 102 153 0 255 204 153

0 102 153 Transportation - , Jiangsu, Design and manufacturing electric equipments and spare parts for the burgeoning Chinese high 227 223 219 speed rail (HSR) network

Joint Ventures

Daqo Confidential Information 2 Energy to Surprise DAQO Group – Diversification

10 70 148 23 Subsidiaries Thousand of products • Heavy diversified RGB code for charts • ’s TOP 500

230 115 0 • National key high-tech enterprise 10 70 148

Switch Equipment Low Voltage System Power Transmission Cubic-type Substation • National electrical inspection station 255 141 47 0 102 153 • State-level enterprise technical center 146 146 146

153 0 0 • Chinese electrical industry leader 102 153 0 enterprise 153 0 0 Electrical Components High Voltage Closed • Chinese Machinery Industry Top 100 102 153 0 Renewable Energy & Automation & Investment Busbar enterprise 255 204 153

• National postdoctoral scientific 0 102 153 research workstation 227 223 219 • National 863 Program CIMS Power System Railway Traction Transformer demonstration enterprise Automation Equipment

• No.1 enterprise where innovation is priority in Chinese electric industry

• Ministry of Science & Technology 863 National Achievement Industrialization Environment Cable Tray High Voltage System Intelligent low-voltage Protection distribution Base Technology Daqo Confidential Information Energy to Surprise DAQO Group Project Reference

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255 141 47 0 102 153 Three Gorges Projects Guangzhou Subway Line Tian An Men Square Project Shanghai New World Center 146 146 146

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0 102 153 Da Yawan Nuclear Power Station Yangzi Petrochemical Plant Ethiopia GIBE 3 Hydro PP Turkey Obruk HPP 227 223 219

Arak TPP in Iran Emirates Headquarter Vietnam Hydro Power Plant Dubai National Art Gallery

4 Daqo Confidential Information Energy to Surprise Leadership & Technical Team

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230 115 0 Guangfu Xu 10 70 148 Chairman 255 141 47 0 102 153 Dr. Heinz-Ulrich Gogrewe Xiang Vice President of 146 146 146 Xu Gongda Yao Daqo Group AG 153 0 0 President Director &CEO More than 10 years of experience in 102 153 0 CEO Poly PV module manufacturing and development 153 0 0 Lead engineered more than 15MW 102 153 0 of PV projects in Europe 255 204 153 ZhiXiang Tracy Zhou Lars Haffmans Chang 0 102 153 CMO Sales&Marketing GM Poly Daqo Group AG Module 227 223 219 5 years of experience in PV business and PV projects in Europe Professional & Experienced R&D International R&D team based in Germany and China Collaborative relationships with third party suppliers Cooperative relationships with reputable institutes and colleges First-class in-house laboratory

Daqo Confidential Information Energy to Surprise Company Milestone

10 70 148 1965 RGB code for charts Establishment of DAQO Group 230 115 0 10 70 148 2007 Establishment of DAQO New Energy 255 141 47 0 102 153 2010 2008 146 146 146 Mass Production of 250MW solar panels Operation of 9N grade polysilicon Establishment of DAQO Europe 153 0 0 2009 102 153 0 2010 Establishment of DAQO New Energy DAQO New Energy’s Initial Public Offering North America 153 0 0 102 153 0 - Listed on the New York Stock Exchange (NYSE: DQ) 2009 255 204 153 Established the Smart-automatic 2011 production line of 0 102 153 •250MW cells manufacturing commission 227 223 219 •250MW wafer manufacturing commission

•250MW ingot manufacturing commission

2012 Establishment of DAQO New Energy,expansion of polysilicon production to 7300MT

Daqo Confidential Information 6 Energy to Surprise Daqo New Energy Corp. – IPO (NYSE: DQ)

10 70 148  Successfully listed on New York Exchange under DQ on 10/07/2010 RGB code for charts  Allow us to further expand our production

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Daqo Confidential Information 7 Energy to Surprise Daqo Position in PV Food Chain

10 70 148 Vertical Polysilicon Integration 7300 MT Capacity RGB code for charts

230 115 0 Ingot 10 70 148 250MW 255 141 47 0 102 153 Capacity 146 146 146 Wafer 153 0 0 250MW Capacity 102 153 0

153 0 0 Cell 102 153 0 Horizontal Integration 250MW Capacity 255 204 153

0 102 153 Racking Inverter Module Solar System 250MW 227 223 219 Capacity

•Vertical integration and economy of scales make us secured supply, stable quality, and remain cost competitive.

•Horizontal integration and well finance offer us more marketing channel and stable development with competitive edge.

Daqo Confidential Information 8 Energy to Surprise Company Overview – Global Ranking

10 70 148 Global Top 10 Integrated Solar Player by 2013 RGB code for charts

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Daqo Confidential Information Energy to Surprise PV FOOD CHAIN: Poly-silicon

10 70 148 Xinjiang RGB code for charts  Commercial production in July 2008 230 115 0 10 70 148  Leading polysilicon manufacturer based in China, best cost structure and quality 255 141 47 0 102 153 Chongqing  Production output of 7,300MT 146 146 146

153 0 0  Closed loop, modified Siemens 102 153 0 manufacturing process 153 0 0 102 153 0  More than 95% of products meet solar grade 1 and 75% meet semi grade per National Std 255 204 153

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Daqo Confidential Information 10 Energy to Surprise PV FOOD CHAIN: Ingot/Wafer Plans

10 70 148 Ingot/Wafer 2011 2013 2015 RGB code for charts

230 115 0 （ ） Capacity MW 125 300 1000 10 70 148

255 141 47 0 102 153  Locate at Wanzhou, Chongqing 146 146 146  Production ramping up from March of 2011 153 0 0 102 153 0  Automatic/reliable equipments (GT, MB, HCT, ATM, Semilab et al) 153 0 0  Fully automatic 100% wafer inspection 102 153 0 255 204 153  Advance management system - ERP/MES 0 102 153

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Daqo Confidential Information 11 Energy to Surprise PV FOOD CHAIN: Solar Cell Plans

10 70 148 Solar Cell 2011 2014 2015 RGB code for charts

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 Locate at Yangzhong, Jiangsu 255 141 47 0 102 153  Production ramping up from April of 2011 146 146 146

153 0 0  Most advanced cell lines: selective emitter, double printing, automatic 102 153 0 upload/download 153 0 0 102 153 0  Target cell efficiency of 19.0% (multi), 19.7% (mono) 255 204 153  Advance management system - ERP/MES 0 102 153

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Daqo Confidential Information 12 Energy to Surprise PV FOOD CHAIN: Solar Module Plans

10 70 148 Solar Module 2011 2014 2015 RGB code for charts 230 115 0 （ ） 150 250 500 Capacity MW 10 70 148

255 141 47 0 102 153  Located at Nanjing, Jiangsu 146 146 146  Entered production May 2010 153 0 0  250MW automatic manufacture lines 102 153 0  Certified with TUV, CE, UL/CUL, Cal. CEC, Australia CEC, UK MCS, 153 0 0 102 153 0 Golden Sun, and ISO9001, ISO14001 255 204 153

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Daqo Confidential Information 13 Energy to Surprise Solar Module – Product Portfolio

10 70 148 RGB code for charts DQxxxMSD DQxxxMSC DQxxxMFA DQxxxPSB DQxxxPSC DQxxxPSD 230 115 0 Mono Mono Mono Poly Poly Poly 10 70 148

Black frame available Black frame available Black frame available Black frame available Black frame available Black frame available 255 141 47 0 102 153 Output up to 325 Watt Output up to 270Watt Output up to 210Watt Output up to 235 Watt Output up to 255 Watt Output up to 315Watt 146 146 146 72 of 156*156mm cells 60 of 156*156mm cells 72 of 125*125mm cells 54 of 156*156mm cells 60 of 156*156mm cells 72 of 156*156mm cells 153 0 0 102 153 0

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Daqo Confidential Information 14 Energy to Surprise Solar Module – Materials

10 70 148 DAQO solar modules start with excellent materials. DAQO SOLAR RGB code for charts

230 115 0 10 70 148  High efficient, high reliable solar cells which came from DAQO High quality 9N polysilicon 255 141 47 0 102 153 ensure our product output stability 146 146 146

153 0 0  Advanced EVA encapsulation system with 102 153 0 triple-layer back sheet meets the most stringent 153 0 0 safety requirements for high-voltage operation 102 153 0 255 204 153  Junction box also provides user with safety, 0 102 153 swift and reliable way to connect, and it has approved TUV certificates and IEC61215 testing. 227 223 219

Long-term strategic corporation and agreement with our partner to ensure high performance materials for DAQO Modules

Daqo Confidential Information Energy to Surprise Solar Module – Certifications

10 70 148 Leading Manufacturing and Quality - Proven from Third Party Experts RGB code for charts

230 115 0 DAQO PID Free(TUV TAIWAN) 10 70 148 GREEN Fire Test approved (TUV JAPAN) PROTECTION 255 141 47 0 102 153 Salt Mist approved (TUV TAIWAN) 146 146 146

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Daqo Confidential Information Energy to Surprise Solar Module – Manufacturing

10 70 148 RGB code for charts  EQUIPMENT (Automation) 230 115 0 10 70 148  Automatic machines: Cell sorter, laminator, framing machine, gluing machines  Module Assembly at Komax Solar Automation 255 141 47 0 102 153  String assembly Module layup String inspection – EL and IV Busing 146 146 146  Pre- and post-lamination inspection – EL and sun simulation IV curves 153 0 0 102 153 0  QUALITY CONTROL 153 0 0 102 153 0  IQC - Automatic Bucinni cell sorter 255 204 153  IPQC - (100%, in-line EL inspection) 0 102 153  OQC - 100% final test with Berger Sun simulator 227 223 219

Daqo Confidential Information 17 Energy to Surprise Solar Module – Reliability

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Daqo Confidential Information 18 Energy to Surprise Solar Module – Partners

10 70 148 Marketing Channel- Long Terms Partners RGB code for charts

230 115 0 We believe that we will be more excellent by cooperating with excellent partners. 10 70 148 255 141 47 0 102 153 146 146 146

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Daqo Confidential Information 19 Energy to Surprise Outlook

2014 2015 10 70 148 MW Reasonable Production Expansion RGB code for charts 1500 230 115 0 Design 1300 10 70 148

Financing 255 141 47 0 102 153 146 146 146 500 500 450 Supplying 153 0 0 300 250 300 102 153 0 50 80 EPC 153 0 0 102 153 0 Poly Wafer Cell Module System 255 204 153

0 102 153 Globally DAQO Global Thinking, Local Caring 227 223 219 Xinjiang Poly&Wafer

Nanjing Module

Yangzhong Cell Chongqing Poly&Wafer

Daqo Confidential Information Energy to Surprise DAQOSolar Module PV Project – Reference Reference

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• More…… www.daqosolar.com

Daqo Confidential Information 11 Energy to Surprise 10 70 148 RGB code for charts

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Thank You!

Daqo Confidential Information 22 Energy to Surprise