Daqo Announces Departure of CFO Jimmy Lai

Daqo New Energy, a polysilicon manufacturer based in China, has announced its chief financial officer (CFO), Jimmy Lai, will leave the company to pursue other professional interests at the end of November 2011. The company is initiating a search for a successor. The current financial controller, Shihua Su will act as acting CFO until a successor is on board.

Lai joined Daqo in September 2009 and has made important contribution for the company’s growth and development, including completing the private fund raising in November 2009 and guiding the company through its successful initial public offering (IPO) in October 2010.


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