Date of the Agreement December 22, 2020 Lender (Party A) Chongqing Rural Commercial Bank, Wanzhou Branch Borrower (Party B) Xinjiang Daqo New Energy Co., Ltd. Type of loan Mid-long term working capital loan Use of loan proceeds Business operation...Daqo New Energy Corp. • April 22nd, 2021 • Semiconductors & related devices
Company FiledApril 22nd, 2021 Industry
Date of the Agreement June 29, 2020 Lender (Party A) Chongqing Rural Commercial Bank, Wanzhou Branch Borrower (Party B) Xinjiang Daqo New Energy Co., Ltd. Type of loan Mid- to long-term working capital loan Use of loan proceeds Business operation...Daqo New Energy Corp. • April 22nd, 2021 • Semiconductors & related devices
Company FiledApril 22nd, 2021 Industry Party B’s Covenants (1) Compliance with law and regulation;(2) Timely and periodic provision to Party A of financial statements and true, accurate, complete and effective information on accounts payable and receivable, inventory details and activities of capital collection account;(3) Diligent and active cooperation with Party A’s supervision of loan funding, post-funding supervision and other relevant inspections;(4) Prompt notice to Party A in the event of any material adverse effect on Party B’s repayment abilities and implementation of repayment measures acceptable to Party A;(5) No evasion of entrusted payment by Party A;(6) Party A has the right to demand prepayment in light of cash collection by Party B; and(7) In the event of any merger, spinoff, share equity change or transfer, change of operation method (such as contracting or lease), material asset transfer or disposal, share equity pledge, investment, guarantee, material increase of indebtedness, new pro
Date of the Agreement July 8, 2020 Lender (Party A) Chongqing Rural Commercial Bank, Wanzhou Branch Borrower (Party B) Xinjiang Daqo New Energy Co., Ltd. Type of loan Working capital loan Use of loan proceeds Business operation Amount...Daqo New Energy Corp. • April 22nd, 2021 • Semiconductors & related devices
Company FiledApril 22nd, 2021 Industry
Date of the Agreement August 18, 2020 Lender (Party A) Chongqing Rural Commercial Bank, Wanzhou Branch Borrower (Party B) Xinjiang Daqo New Energy Co., Ltd. Type of loan Working capital loan Use of loan proceeds Business operation Amount RMB...Daqo New Energy Corp. • April 22nd, 2021 • Semiconductors & related devices
Company FiledApril 22nd, 2021 Industry