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DUKE_KOMODO_INTERNATIONAL Duke Emerging Market Portfolio Management (Fall 2021) Nov 2021

Daqo New Energy Corp (DQ) is a Chinese supplier of silicon and polysilicon for photovoltaic systems. The company had outstanding Q3 earnings for 2021 and is capitalizing on the global push to have a more renewable energy portfolio. Additionally with the coal shortage in China, there is increasing sentiment to push for a more reliable source of energy. Also the high barriers to entry for this industry will help keep Daqo in a significant share of the market.