SCHEDULE 13G
Amendment No. 3
DAQO NEW ENERGY CORP
COMMON STOCK
Cusip #G26583107
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
Cusip #G26583107
Item 1: Reporting Person - FIL Limited
Item 2: (a) [ ]
(b) [ ]
Item 4: Bermuda
Item 5: 18,461,075
Item 6: 0
Item 7: 18,688,575
Item 8: 0
Item 9: 18,688,575
Item 11: 7.164%
Item 12: FI
Cusip #G26583107
Item 1: Reporting Person - Pandanus Partners, L.P.
Item 2: (a) [ ]
(b) [ ]
Item 4: Delaware
Item 5: 0
Item 6: 0
Item 7: 18,688,575
Item 8: 0
Item 9: 18,688,575
Item 11: 7.164%
Item 12: PN
Cusip #G26583107
Item 1: Reporting Person - Pandanus Associates, Inc.
Item 2: (a) [ ]
(b) [ ]
Item 4: Delaware
Item 5: 0
Item 6: 0
Item 7: 18,688,575
Item 8: 0
Item 9: 18,688,575
Item 11: 7.164%
Item 12: CO
Item 1(a). Name of Issuer:
DAQO NEW ENERGY CORP
Item 1(b). Address of Issuer's Principal Executive Offices:
666 Longdu Avenue
Wanzhou, Chongqing, 404000
The Peoples Republic of China
Item 2(a). Name of Person Filing:
FIL Limited
Item 2(b). Address or Principal Business Office or, if None,
Residence:
Pembroke Hall, 42 Crow Lane, Hamilton, Bermuda,
HM19
Item 2(c). Citizenship:
Not applicable
Item 2(d). Title of Class of Securities:
COMMON STOCK
Item 2(e). CUSIP Number:
G26583107
Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b)
or (c) and the
person filing, FIL Limited, is a non-U.S. institution in accordance with
Section 240.13d-1(b)(1)(ii)(J). (Note: See Exhibit A).
If filing as a non-U.S. institution in accordance with Section
240.13d-1(b)(1)(ii)(J),
please specify type of institution: Parent holding or control person.
Item 4. Ownership
(a) Amount Beneficially Owned: 18,688,575
(b) Percent of Class: 7.164%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
18,461,075
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the
disposition of: 18,688,575
(iv) shared power to dispose or to direct the
disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Various persons have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the COMMON
STOCK of DAQO NEW ENERGY CORP.
No one other person's interest in the COMMON STOCK of DAQO NEW ENERGY CORP
is more than five percent of the total outstanding COMMON STOCK.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding Company.
See attached Exhibit A.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certifications.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer
of the securities and were not acquired and are not held in connection with
or as a participant in any transaction having that purpose or effect. By
signing below I certify that, to the best of my knowledge and belief, the
foreign regulatory scheme applicable to FIL Limited and its various
non-U.S. investment management subsidiaries included on this Schedule 13G
is substantially comparable to the regulatory scheme applicable to the
functionally equivalent U.S. institutions. I also undertake to furnish to
the Commission staff, upon request, information that would otherwise be
disclosed in a Schedule 13D.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
February 13, 2017
Date
/s/ Marc R. Bryant
Signature
Marc R. Bryant
Duly authorized under Power of Attorney effective as of September 16,
2015, by and on behalf of FIL Limited and its direct and indirect
subsidiaries*
* This power of attorney is incorporated herein by reference to
Exhibit B to the Schedule 13G filed by FIL Limited on January 11, 2016,
accession number: 0000318989-16-000061.
Exhibit A
Pursuant to the instructions in Item 7 of Schedule 13G,
the following table lists the identity and Item 3 classification, if
applicable, of each relevant entity that beneficially owns shares of the
security class being reported on this Schedule 13G.
Entity ITEM 3 Classification
FIL INVESTMENT MANAGEMENT (HONG KONG) LIMITED * FI
* Entity beneficially owns 5% or greater of the outstanding shares of the
security class being reported on this Schedule 13G.
Pandanus Partners, L.P. ("Pandanus") owns shares of FIL
Limited ("FIL") voting stock. While the percentage of total voting power
represented by these shares of FIL voting stock may fluctuate as a result
of changes in the total number of shares of FIL voting stock outstanding
from time to time, it normally represents more than 25% and less than 48.5%
of the total votes which may be cast by all holders of FIL voting stock.
Pandanus Associates, Inc. ("PAI") acts as general partner of Pandanus.
Pandanus is owned by trusts for the benefit of members of the Johnson
family, including FIL's Chairman Abigail P. Johnson, but disclaims that any
such member is a beneficial owner of the securities reported on this
Schedule 13G.
This filing reflects the securities beneficially owned, or
that may be deemed to be beneficially owned, by FIL, certain of its
subsidiaries and affiliates, and other companies (collectively, the "FIL
Reporters"). This filing does not reflect securities, if any, beneficially
owned by certain other companies whose beneficial ownership of securities
is disaggregated from that of the FIL Reporters in accordance with
Securities and Exchange Commission Release No. 34-39538 (January 12, 1998).
RULE 13d-1(k)(1) AGREEMENT
The undersigned persons, on February 13, 2017, agree and
consent to the joint filing on their behalf of this Schedule 13G in
connection with their beneficial ownership of the COMMON STOCK of DAQO NEW
ENERGY CORP at December 30, 2016.
FIL Limited
By /s/ Marc R. Bryant
Marc R. Bryant
Duly authorized under Power of Attorney effective as of September 16,
2015, by and on behalf of FIL Limited and its direct and indirect
subsidiaries*
Pandanus Partners, L.P.
By /s/ Marc R. Bryant
Marc R. Bryant
Duly authorized under Power of Attorney effective as of September 16,
2015, by Pandanus Associates, Inc. on behalf of Pandanus Partners, L.P.*
Pandanus Associates, Inc.
By /s/ Marc R. Bryant
Marc R. Bryant
Duly authorized under Power of Attorney effective as of September 16,
2015, by and on behalf of Pandanus Associates, Inc.*
* This power of attorney is incorporated herein by reference to
Exhibit B to the Schedule 13G filed by FIL Limited on January 11, 2016,
accession number: 0000318989-16-000061.