Xinjiang Daqo New Energy (688303.SH) announces a forecasted net loss of 2.6 to 3.1 billion yuan in 2024.

Xinjiang Daqo New Energy (688303.SH) announced that it is expected to incur a net loss attributable to the owner of the parent company in the year 2024 compared to the same period of the previous year (according to statutory disclosure data). The estimated net loss attributable to the owner of the parent company in 2024 is between 260,000.00 million yuan and 310,000.00 million yuan. It is expected that the net loss attributable to the owner of the parent company in 2024, excluding non-recurring gains and losses, will be between 255,000.00 million yuan and 305,000.00 million yuan.