Company code: Xinjiang Daqo New Energy Co.Ltd(688303) company abbreviation: Xinjiang Daqo New Energy Co.Ltd(688303) Xinjiang Daqo New Energy Co.Ltd(688303)
Annual report for 2021
Important tips
1、 The board of directors, board of supervisors, directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and integrity of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 2、 Unprofitable and unprofitable when the company is listed □ yes √ no III. tips on major risks
During the reporting period, there were no particularly significant risks that had a material impact on the company’s production and operation. For various risks that the company may face in the process of operation, please refer to the “risk factors” section of “section III Management Discussion and analysis” of this report. Please pay attention to the investment risks. 4、 All directors of the company attended the board meeting. 5、 Deloitte Touche Tohmatsu (special general partnership) has issued a standard unqualified audit report for the company. 6、 Xu Guangfu, the person in charge of the company, Feng Jie, the person in charge of accounting, and Deng Jun, the person in charge of the accounting organization (Accounting Supervisor), declare that they guarantee the authenticity, accuracy and completeness of the financial report in the annual report. 7、 The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
The company plans to distribute a cash dividend of RMB 6 (including tax) to all shareholders for every 10 shares. As of the disclosure date of this report, the total share capital of the company is 1925000000 shares. Based on this, the total amount of cash dividends to be distributed is RMB 115500000000 (including tax). The total cash dividends of the company in this year accounted for 20.18% of the net profit attributable to shareholders of Listed Companies in the consolidated statements. If the total share capital of the company changes from the date of disclosure of this report to the date of equity distribution and equity registration, the company plans to maintain the total distribution unchanged and adjust the distribution proportion per share accordingly.
The above profit distribution plan of the company has been deliberated and approved at the 22nd Meeting of the second board of directors of the company and needs to be submitted to the general meeting of shareholders of the company for deliberation and approval. 8、 Whether there are important matters such as special arrangements for corporate governance □ applicable √ not applicable IX. risk statement of forward-looking statements √ applicable □ not applicable
The forward-looking statements such as future plans, development objectives and development strategies involved in this report do not constitute the company’s substantive commitment to investors. Investors and relevant persons should maintain sufficient risk awareness and understand the differences between plans, forecasts and commitments. Please pay attention to investment risks.
10、 Whether there is any non operational occupation of funds by the controlling shareholders and their related parties no Xi. Whether there is any external guarantee in violation of the specified decision-making procedures no XII. Whether more than half of the directors cannot guarantee the authenticity, accuracy and completeness of the annual report disclosed by the company no XIII. Others □ applicable √ not applicable
catalogue
Section 1 interpretation Section 2 company profile and main financial indicators Section III Management Discussion and Analysis Section IV corporate governance 39 Section V environment, social responsibility and other corporate governance Section VI important matters Section VII changes in shares and shareholders 99 Section VIII preferred shares Section IX corporate bonds 109 section x financial report one hundred and ten
Financial statements containing the signatures and seals of the person in charge of the company, the person in charge of accounting work and the person in charge of accounting institutions
List of documents for future reference the text of all company documents and the original version of the announcement publicly disclosed on the website designated by the CSRC during the reporting period
The original of the audit report with the seal of the accounting firm and the signature and seal of the certified public accountant
Section I interpretation
1、 Interpretation in this report, unless the context otherwise requires, the following words have the following meanings: Interpretation of common words
Company / group / Xinjiang Daqo New Energy Co.Ltd(688303) refers to Xinjiang Daqo New Energy Co.Ltd(688303)
Cayman Daquan refers to daqo New Energy Corp., a company listed on the New York Stock Exchange and the controlling shareholder of the company. The stock code is DQ
Chongqing Daquan refers to Chongqing Daquan new energy Co., Ltd., the holding subsidiary of Cayman Daquan and the shareholder of the company
Refers to Longi Green Energy Technology Co.Ltd(601012) , which was changed to Longi Green Energy Technology Co.Ltd(601012) in February 2017, formerly known as “Xi’an Longji silicon material Co., Ltd.” (Stock Code: Longi Green Energy Technology Co.Ltd(601012) )
Jingke energy refers to Jingke Energy Holding Co., Ltd. / jinkosolar Holding Co,
Ltd. (US listed company, stock code: JKS. N)
Ja Solar Technology Co.Ltd(002459) refers to Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd. (Stock Code: Ja Solar Technology Co.Ltd(002459) )
Wuxi Shangji Automation Co.Ltd(603185) refers to Wuxi Shangji Automation Co.Ltd(603185) (Stock Code: Wuxi Shangji Automation Co.Ltd(603185) )
Tianjin Zhonghuan Semiconductor Co.Ltd(002129) refers to Tianjin Zhonghuan Semiconductor Co.Ltd(002129) (Stock Code: Tianjin Zhonghuan Semiconductor Co.Ltd(002129) )
Trina Solar Co.Ltd(688599) refers to Trina Solar Co.Ltd(688599) (Stock Code: Trina Solar Co.Ltd(688599) )
Gaojing Cecep Solar Energy Co.Ltd(000591) refers to Qinghai Gaojing Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., which is a wholly-owned subsidiary of Guangdong Gaojing Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd
Changed to “Xinjiang Thermal Power Co., Ltd. (Stock Code: 6009 completed in 2014), refers to Xinjiang Thermal Power Co., Ltd
National Development and Reform Commission refers to the national development and Reform Commission of the people’s Republic of China
MIIT refers to the Ministry of industry and information technology of the people’s Republic of China
Ministry of finance means the Ministry of finance of the people’s Republic of China
Silicon branch refers to the silicon branch of China Nonferrous Metals Industry Association
CSRC refers to the China Securities Regulatory Commission
Stock exchange refers to Shanghai Stock Exchange
A shares refer to ordinary shares issued in China, listed on domestic stock exchanges and subscribed and traded in RMB
Yuan, 10000 yuan and 100 million yuan refer to RMB yuan, 10000 yuan and 100 million yuan
The reporting period refers to January December 2021
Cecep Solar Energy Co.Ltd(000591) refers to Cecep Solar Energy Co.Ltd(000591) which is the most important basic energy among all kinds of renewable energy. As one of renewable energy, it refers to the direct transformation and utilization of Cecep Solar Energy Co.Ltd(000591)
It refers to a technology that directly converts light energy into electrical energy by using the photovoltaic effect at the semiconductor interface.
The photovoltaic power generation system is mainly composed of Cecep Solar Energy Co.Ltd(000591) battery module, photovoltaic / photovoltaic power generation controller and inverter. The photovoltaic cells are encapsulated and protected after being connected in series, which can form a large area of Cecep Solar Energy Co.Ltd(000591) battery module, and then combined with power controller and other components to form a photovoltaic power generation device
Semiconductor materials guide materials with electrical capacity between conductors and insulators
Silicon refers to a chemical element, the element symbol Si. Silicon is the second most abundant element on earth after oxygen. It is widely used in electronics, photovoltaic, construction and other industries
Crystalline silicon refers to crystalline silicon materials, including polycrystalline silicon and monocrystalline silicon
It refers to a form of monocrystalline silicon, which is composed of polycrystalline silicon and silicon material crystals with a certain size. The crystal orientation of each silicon grain is different. Polycrystalline silicon is the main raw material of photovoltaic cells and semiconductor equipment. According to the purity, polysilicon can be divided into
Cecep Solar Energy Co.Ltd(000591) grade (photovoltaic grade) polycrystalline silicon and electronic grade (semiconductor grade) polycrystalline silicon
Materials for monocrystalline silicon wafer refer to polycrystalline silicon products used for drawing monocrystalline silicon and producing monocrystalline silicon wafer
Polycrystalline silicon ingot for polycrystalline silicon wafer production
Industrial silicon powder and silicon powder refer to the products made by smelting silicon ore and carbonaceous reducing agent in submerged arc furnace. The main component is silicon, which is the main raw material of the company
It refers to the silicon compound synthesized from industrial silicon powder and hydrogen chloride
Trichlorosilane is reduced to monocrystalline silicon by hydrogen at about 1100 ℃, which is the intermediate product of polycrystalline silicon produced by our company. The chemical formula is SiHCl3, English name
Trichlorosilane
It refers to the by-product of silicon tetrachloride in the process of polycrystalline silicon production such as trichlorosilane synthesis and trichlorosilane reduction. Trichlorosilane can be prepared by cold hydrogenation process. The chemical formula is SiCl4 and its English name is silicon tetrachloride
It refers to the by-products of polycrystalline silicon production such as synthesis of trichlorosilane, cold hydrogenation and reduction of trichlorosilane, which can be disproportionated with silicon tetrachloride under the condition of catalyst to form silicon trichloride. The chemical formula is SiH2Cl2
DichIorosilane
Monocrystalline silicon refers to the monocrystalline silicon in which the silicon atoms in the whole silicon crystal are arranged periodically. It is made of high-purity polycrystalline silicon, which is mainly obtained by Czochralski method and zone melting method
Silicon rod and monocrystalline silicon rod refer to rod-shaped silicon single crystal grown from polycrystalline silicon by Czochralski method and zone melting method. The crystal form is single crystal
Silicon ingot and polycrystalline silicon ingot refer to ingot shaped polycrystalline silicon grown from polycrystalline silicon material through vacuum induction melting or directional solidification process
