Securities code: Xinjiang Daqo New Energy Co.Ltd(688303) securities abbreviation: Xinjiang Daqo New Energy Co.Ltd(688303) Announcement No.: 2022037 Xinjiang Daqo New Energy Co.Ltd(688303)
Correction announcement on the report on the use of the previously raised funds and the audit report on the use of the previously raised funds
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of the announcement, and bear legal responsibility for the authenticity, accuracy and integrity of the contents according to law.
Xinjiang Daqo New Energy Co.Ltd(688303) (hereinafter referred to as “the company”) disclosed the report on the use of the previously raised funds and the audit report on the use of the previously raised funds on January 25, 2022. After the post audit, it is found that there are errors in “section VI, unused raised funds” in the special report on the use of previously raised funds and “Section VII, unused raised funds” in the audit report on the use of previously raised funds. Now it is more like the following:
Before correction:
As of December 31, 2021, Xinjiang Daqo New Energy Co.Ltd(688303) unused raised funds amounted to 184256240723 yuan (including accumulated proceeds from financial products and interest income of raised funds minus handling charges), including 17258457845 yuan of temporary supplementary working capital, accounting for 30.37% of the net amount of funds raised in the previous time.
After correction:
As of December 31, 2021, Xinjiang Daqo New Energy Co.Ltd(688303) unused raised funds are 244256240723 yuan (including 17258457845 yuan of temporary supplementary working capital with idle over raised funds, 600 million.00 yuan of cash management for idle raised funds and 1163496636 yuan of accumulated income and interest income of financial products of raised funds after deducting handling fees), Accounting for 40.26% of the net funds raised in the previous time.
Except for the above corrections, other contents of the original announcement remain unchanged. The corrected special report on the use of the previously raised funds (Updated) and Xinjiang Daqo New Energy Co.Ltd(688303) review report on the use of the previously raised funds (Updated) are detailed in the relevant announcements disclosed by the company on the website of Shanghai Stock Exchange on the same day. We apologize for the inconvenience caused to investors by this correction.
It is hereby announced.
Xinjiang Daqo New Energy Co.Ltd(688303) board of directors March 16, 2022
