Daqo New Energ: Total investment in 35,000tpy polysilicon project increases to RMB4.088 billion
2021-11-26 16:11:59 [Print]
Daqo New Energy recently announced that on November 25, 2021, the company reviewed and approved the "Proposal on Using Part of the Over-raised Funds to Increase the Investment in Fund-raising Projects", and agreed to use over-raised funds of RMB576 million (USD90
. 13 million) to increase the total investment of "polysilicon project with the annual production capacity of 35,000 tons per year" from RMB3 . 512 billion (USD550 million) to RMB4 . 088 billion (USD640 million).