Daqo New Energy Corp. announced the appointment of Mr. Ming Yang as Chief Financial Officer, effective July 6, 2015. In addition, Ms. Tracy Tianqun Zhou, currently Chief Marketing Officer, is leaving the company to pursue personal endeavors, effective June 30, 2015.

Succeeding Tracy Zhou as Chief Marketing Officer is Mr. Shihua Su, who is currently the acting Chief Financial Officer of the Company and will continue serving in such role until Mr. Ming Yang's appointment. Most recently, Mr. Yang was a management consultant at McKinsey & Company, where he specialized in the cleantech and solar sectors.