Daqo New Energy Soars 9.97% on Renewable Energy Demand

On July 8, 2025, Daqo New Energy's stock surged by 9.97% in pre-market trading, reflecting a significant bullish sentiment among investors.

Daqo New Energy, a leading manufacturer of polysilicon, has been experiencing a surge in demand for its products due to the growing global push towards renewable energy sources. The company's strategic investments in expanding its production capacity and improving operational efficiency have positioned it well to capitalize on this trend.

Additionally, the recent announcement of a major contract with a prominent solar panel manufacturer has further bolstered investor confidence in the company's future prospects. This contract not only secures a steady revenue stream but also underscores Daqo New Energy's competitive edge in the polysilicon market.

Analysts have noted that the company's strong financial performance and robust growth outlook make it an attractive investment option. With a focus on innovation and sustainability, Daqo New Energy is poised to continue its upward trajectory in the renewable energy sector.