Daqo New Energy to Invest $576 Million in Polysilicon Manufacturing Facilities Through IPO

The company also said it would use proceeds from the IPO to bring in $156 million in working capital

September 16, 2020

/ Nithin Thomas
/ Finance and M&A, Solar
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Chinese solar photovoltaic (PV) grade polysilicon manufacturer Daqo New Energy Corporation has revealed plans to raise $732 million (~₹53.7 billion) for new polysilicon manufacturing facilities and working capital requirements.

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Nithin Thomas

More articles from Nithin Thomas.
ChinaDaqoFinancialIPOManufacturingPolysiliconproductionXinjiang
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