Establishment of a new manufacturing base in the Kunshan Economic and Technological Development Zone through subsidiary Daqo Energy Technology (Shanghai) Co., Ltd. The facility will focus on R&D, manufacturing, and sales of energy storage systems, solid-state transformers, solid-state circuit breakers, and solid-state batteries specifically targeting artificial intelligence data centers.

Expected impact: Diversifies the company's product portfolio beyond solar PV polysilicon and addresses growing demand from the AI data center sector.

Adhering to Chinese authority self-regulation guidelines by declining to engage in below-cost sales during severe market downturns, adopting a disciplined wait-and-see approach.

Expected impact: Protects long-term product value and cash reserves, though it temporarily reduces quarterly sales volumes and increases short-term inventory holding.