Daqo New Energy Corp. (NYSE:DQ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET

Company Participants

Anita Chu - Deputy Chief Executive Officer
Ming Yang - Chief Financial Officer

Conference Call Participants

Philip Shen - Roth MKM
Alan Lau - Jefferies

Operator

Good day, and welcome to the Daqo New Energy Third Quarter 2024 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I’d now like to turn the conference over to Anita Chu. Please go ahead.

Anita Chu

Hello, everyone. I'm Anita Chu, the Deputy Chief Executive Officer of Daqo New Energy. Thank you for joining our conference call today. Daqo New Energy just issued its financial results for the third quarter of 2024, which can be found on our website at www.dqsolar.com. Today attending the conference call, we have our CFO, Mr. Ming Yang and myself. Given the time conflict, Mr. Xu will not be able to attend today's meeting in person.

I'll first begin the call by reading Mr. Xu's comment on market conditions and company operations. And then Mr. Yang will discuss the company's financial performance for the quarter and the year. After that, we'll open the floor to Q&A from the audience.

Before we begin the formal remarks, I would like to remind you that certain statements on today's call, including expected future operational and financial performance and industry growth are forward-looking statements that are made under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in the reports or documents we have filed with or furnished to the Securities and Exchange Commission. These statements only reflect our current and preliminary view as of today and may be subject to change. Our ability to achieve these projections is subject to risks and uncertainties. All information provided in today's call is as of today and we undertake no duty to update such information, except as required under applicable law.

Also during the call we'll occasionally reference monetary amounts in US dollar terms. Please keep in mind that our functional currency is the Chinese RMB. We offer these translations into US dollars solely for the convenience of the audience. So without further ado, let me begin with our management remarks.