SHANGHAI, Oct. 30, 2024 /PRNewswire/ — Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy,” the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced the appointment of Ms. Xiaoyu Xu as Deputy Chief Executive Officer of the Company, effective October 30, 2024.

Ms. Xiaoyu Xu has served as the Company’s Investor Relations Director and Board Secretary since May 2023 and as a Director since November 2023. She previously worked at J.P. Morgan in the Corporate and Investment Bank department. Ms. Xu holds an MBA degree with a focus on finance, from the Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in business administration from the Haas School of Business at the University of California, Berkeley. Ms. Xiaoyu Xu is the daughter of Mr. Xiang Xu, Chairman and CEO of Daqo New Energy.

“Ms. Xiaoyu Xu is a thoughtful, young leader who will bring global perspectives, optimism and deep commitment to our mission. We believe there are significant opportunities for us to explore in the renewable energy transition, both in China and globally. With her appointment, we will work to sharpen our corporate strategy and drive our next phase of growth while living our mission and values,” said Mr. Xiang Xu.

“I am deeply honored to have the opportunity to work alongside our exceptional team and will strive to fortify our position in the industry and boost our competitiveness,” said Xiaoyu. “I am deeply inspired by our founding mission and I am fully dedicated to fostering sustainable development of the Company, driving innovative advancement of green and clean energy on a global scale, and unlocking long-term values for our stakeholders.”

About Daqo New Energy Corp.

Daqo New Energy Corp. (NYSE: DQ) (“Daqo” or the “Company”) is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company manufactures and sells high-purity polysilicon to photovoltaic product manufactures, who further process the polysilicon into ingots, wafers, cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 305,000 metric tons and is one of the world’s lowest cost producers of high-purity polysilicon.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the demand for photovoltaic products and the development of photovoltaic technologies; global supply and demand for polysilicon; alternative technologies in cell manufacturing; the Company’s ability to significantly expand its polysilicon production capacity and output; the reduction in or elimination of government subsidies and economic incentives for solar energy applications; the Company’s ability to lower its production costs; and changes in political and regulatory environment. Further information regarding these and other risks is included in the reports or documents the Company has filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date hereof, and the Company undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.

For more information, please visit www.dqsolar.com.

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SOURCE Daqo New Energy Corp.

Ahead of its Series B investment round, the funds will accelerate growth opportunities and expansion for the AI-powered fieldwork software

DENVER, Oct. 30, 2024 /PRNewswire/ — FYLD, the AI-powered, fieldwork effectiveness platform for the global infrastructure sector announced today that NatWest, one of the UK’s largest business and commercial banks, has provided $10 million of growth capital to FYLD. The long-term banking partnership will enable expedited investments and continued growth across markets, especially as FYLD scales past the development stage.

“NatWest’s confidence in us and our market-leading product confirms that our vision is necessary to reinvent field workforce execution across the industry,” Shelley Copsey, FYLD’s CEO and co-founder, said. “This investment will be instrumental in our ability to drive change where it’s most needed, as we focus on our U.S. expansion, strengthen our position in the market as we set the stage for our next era of growth, and pave the way toward a more proactive, efficient field workforce.”

NatWest serves more than 19 million people, families, and businesses across the UK and Ireland. Positioning itself as a “relationship bank for a digital world” – NatWest focuses on championing potential and driving change for its communities in enterprise, learning, and climate, focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these obstacles.

Simon Foss, Vice President, Venture & Growth Finance, at NatWest said “This transaction showcases NatWest’s dedication to supporting innovative scale-up businesses, like FYLD, where we aim to build long-lasting partnerships with businesses that are driving innovation and making an invaluable contribution to the growth of the economy. Our financing will support the further expansion of FYLD’s transformational fieldwork software which promotes better safety behaviors and increases productivity and high-quality outcomes through AI-enhanced workflows.”

As FYLD nears its fifth anniversary, the industry leader is on track to double its revenue in 2024 with strong gross and net revenue rates, along with:

Raising a £32 million Series A funding round from 2021 to 2023 led by Koru, the Ontario Teachers’ Pension Plan’s venture incubator with participation from SGN, to take the platform globalSecuring awards and recognitions including Tech Nation’s Future Fifty, The Energy Innovation Council, CEMEX Ventures Global Construction Startup Competition, and the UK IT AwardsValuing diversity in hiring, with 45% of the FYLD team being women

To learn more about FYLD and how it is reimagining the future of fieldwork, visit: https://fyld.ai/.

About FYLD
Founded in 2020, FYLD offers an AI-driven digital platform that empowers field managers to make proactive, data-led decisions in real time and transform operational processes and procedures with data. A unique collaboration between SGN, Boston Consulting Group’s BCG X and Ontario Teachers’ Pension Plan (OTPP) FYLD is redefining the execution of field workforce operations in the infrastructure sector globally. Recognized as a breakthrough platform with awards from the Energy Innovation Council, CEMEX Ventures global construction tech startup competition and UK IT Awards, FYLD is ushering in a new era for productivity, safety, quality and sustainability in the field. Visit https://www.fyld.ai/ for more.

About NatWest Bank plc, Venture & Growth Finance
NatWest Venture & Growth Finance supports UK innovators, from high growth B2B software to research-intensive IP-rich scale-ups, with non-dilutive and flexible funding plans to accelerate growth. The proposition is part of NatWest Bank Plc, one of the UK’s largest retail and commercial banks, sitting within NatWest’s Corporates & Institutions division which is a major backer of global technology, media and telecom (TMT) companies, providing a full suite of lending and broader banking services. Visit Venture & Growth Finance | NatWest Corporates and Institutions for more.

Media Contact
Caroline Phipps
Carve Communications
caroline@carvecomms.com

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Diploma program focuses on college-level research, collaboration, and presentation skills crucial for college and career success

DELAFIELD, Wis., Oct. 30, 2024 /PRNewswire/ — St. John’s Northwestern Academies is one of approximately 3,500 schools worldwide to offer AP® Seminar, which is part of the AP Capstone Diploma™ program. The program focuses on developing essential skills for college and career success, such as critical thinking, research, collaboration, and communication. Students who score a 3 or higher in both AP Seminar and AP Research, as well as on four additional AP Exams of their choosing, earn the AP Capstone Diploma. This signifies outstanding academic achievement and attainment of college-level academic and research skills. Students who score a 3 or higher in both AP Seminar and AP Research (and not on 4 additional AP Exams) earn the AP Seminar and Research Certificate™.

St. John’s Northwestern Academies has introduced the first component of the AP Capstone program, AP Seminar, this fall. AP Research is scheduled to be offered in the Fall of 2026.

“The AP Capstone program will prepare our diverse student population to become skilled collaborators, critical thinkers, and consumers of information. The Capstone courses will give students flexibility to explore the complex topics affecting their lives, and we are excited to offer this tremendous learning opportunity to our students,” said Stephanie Ihler, Chief Academic Officer.

In AP Seminar, taken at SJNA as a 10th grade honors course or as an elective course for juniors and seniors, students choose real-world topics and evaluate them from multiple perspectives. Students identify credibility and bias in sources and develop arguments in support of a recommendation.

AP Seminar is project-based, and students are required to deliver written arguments, collaborate in teams, and deliver professional multimedia presentations as part of their AP Exam.

“The core AP Capstone courses, AP Seminar and AP Research empower students to deeply engage with real-world issues, cultivating key research, writing, collaboration, and presentation skills,” said Bianca Peart, global director of the AP Capstone Diploma program.

In partnership with the higher education community, College Board developed AP Capstone courses so students can practice and master skills essential for success in college and career.

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SOURCE St. John’s Northwestern Academies