Daqo New Energy Corp. manufactures and sells polysilicon and wafers in the People's Republic of China. It operates through two segments, Polysilicon and Wafers. The company offers polysilicon to photovoltaic product manufactures, who further process it into ingots, wafers, cells, and modules for solar power solutions. It also provides standard and high efficiency multi-crystalline wafers, as well as wafer original equipment manufacturer services to customers through tolling agreements. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is headquartered in Wanzhou, the People's Republic of China.