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BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2013

BORROWINGS [Abstract]

Schedule of Bank Borrowings

The Group's bank borrowings consisted of the following:

		December 31,
		2012				2013
Short-term bank borrowings		$	49,748,800			$	39,643,440
Long-term bank borrowings, current portion			69,006,400				50,049,843
Other short-term borrowing			1,524,560				29,177,574
Total borrowings, current			120,279,760				118,870,857
Long-term bank borrowings, non-current portion			187,520,880				134,870,287
Total		$	307,800,640			$	253,741,144

Schedule of Short-Term Borrowings

The Group's short-term bank borrowing consisted of the following:

		December 31,
		2012				2013
Short-term borrowing guaranteed by Daqo Group		$	1,604,800			$	28,080,770
Short-term borrowing guaranteed by Daqo Group and Mr. Guangfu Xu and Mr. Xiang Xu			48,144,000				-
Short-term borrowing guaranteed by Daqo Group and a third party			-				11,562,670
Total		$	49,748,800			$	39,643,440

Schedule of Principal Maturities of Long-term Bank Borrowings

The principal maturities of these long-term bank borrowings as of December 31, 2013 are as follows:

December 31,		Amount
2014		$	50,049,843
2015			77,056,937
2016			57,813,350
Total		$	184,920,130

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Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 470

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

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Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Article 5



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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