XML 72 R41.htm IDEA: XBRL DOCUMENT
v3.19.1

RELATED PARTY TRANSACTIONS AND BALANCES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Related Party Transactions [Abstract] |
Schedule of Related Party Balances, Loans |
|  | December 31, |
|  | 2017 |  |  | 2018 |
Amounts due from related parties (continuing operations) |  |  |  |  |  |  |  |
Xinjiang Daqo Tianfu Thermoelectric |  | $ | - |  |  | $ | 629,495 |
Others |  |  | 5,799 |  |  |  | 185,540 |
Total |  | $ | 5,799 |  |  | $ | 815,035 |
Amounts due from related parties (discontinued operations) |  |  |  |  |  |  |  |
Zhenjiang Daqo |  | $ | 8,585,337 |  |  | $ | 1,453,800 |
Others |  |  | 406,303 |  |  |  | 913,857 |
Total |  | $ | 8,991,640 |  |  | $ | 2,367,657 |
Schedule of Related Party Balances, Payables |
|  | December 31, |
|  | 2017 |  |  | 2018 |
Amounts due to related parties – short term portion (continuing operations) |  |  |  |  |  |  |  |
Chongqing Daqo Tailai |  | $ | 494,954 |  |  | $ | 1,825,680 |
Others |  |  | 1,342,166 |  |  |  | 434,327 |
Total |  | $ | 1,837,120 |  |  | $ | 2,260,007 |
Amounts due to related parties – short term portion (discontinued operations) |  |  |  |  |  |  |  |
Daqo New Material |  | $ | 4,852,819 |  |  | $ | 5,314,587 |
Others |  |  | 79,959 |  |  |  | - |
Total |  | $ | 4,932,778 |  |  | $ | 5,314,587 |
Schedule of Related Party Transactions | The transactions with Daqo Group and its subsidiaries were as follows:
|  | Transaction |  | Year Ended December 31, |
Name of Related parties |  | Nature |  | 2016 |  |  | 2017 |  |  | 2018 |
Daqo Group |  | Proceeds from interest free loans |  | $ | - |  |  | $ | 2,696,513 |  |  | $ | 25,744,800 |
|  | Repayment of interest free loans |  |  | 10,974,807 |  |  |  | 2,696,513 |  |  |  | 36,648,480 |
|  | Repayment of interest bearing loans |  |  | 15,059,000 |  |  |  | 15,495,451 |  |  |  | - |
|  | Interest charged |  |  | 850,380 |  |  |  | 440,368 |  |  |  | - |
|  | Rental expense |  |  | 27,997 |  |  |  | 37,756 |  |  |  | 38,633 |
Zhenjiang Daqo |  | Proceeds from interest free loans |  |  | - |  |  |  | - |  |  |  | 10,903,680 |
|  | Sales |  |  | 11,194,197 |  |  |  | 13,442,273 |  |  |  | 6,694,997 |
Daqo Solar |  | Proceeds from interest free loans |  |  | 60,300,896 |  |  |  | 40,089,689 |  |  |  | 55,613,463 |
|  | Repayment of interest free loans |  |  | 68,766,506 |  |  |  | 40,388,195 |  |  |  | 55,650,696 |
Nanjing Daqo Transformer |  | Purchase-Fixed assets |  |  | - |  |  |  | - |  |  |  | 6,201,243 |
Xinjiang Daqo Investment |  | Proceeds from interest free loans |  |  | 56,270,085 |  |  |  | 14,356,000 |  |  |  | 3,937,440 |
|  | Repayment of interest free loans |  |  | 38,715,449 |  |  |  | 14,356,000 |  |  |  | 4,020,732 |
|  | Rental expense |  |  | 890,168 |  |  |  | 874,858 |  |  |  | 895,192 |
Daqo New Material |  | Purchase-Fixed assets |  |  | - |  |  |  | 7,390,693 |  |  |  | - |
|  | Proceeds from interest free loans |  |  | 9,607,344 |  |  |  | 6,029,877 |  |  |  | 1,893,000 |
|  | Repayment of interest free loans |  |  | 12,262,592 |  |  |  | 10,818,493 |  |  |  | 1,893,000 |
|  | Rental expense |  |  | 993,894 |  |  |  | 976,800 |  |  |  | 499,752 |
Chongqing Daqo Tailai |  | Purchase-Fixed assets |  |  | 3,534,248 |  |  |  | 715,361 |  |  |  | 8,240,830 |
|  | Income from sales of materials |  |  | - |  |  |  | - |  |  |  | 15,899 |
|  | Income from disposal of fixed assets |  |  | - |  |  |  | - |  |  |  | 478,565 |
|  | Proceeds from interest free loans |  |  | 222,517 |  |  |  | - |  |  |  | 6,209,040 |
|  | Repayment of interest free loans |  |  | 2,684,783 |  |  |  | - |  |  |  | 6,209,040 |
Jiangsu Daqo |  | Purchase-Fixed assets |  |  | - |  |  |  | - |  |  |  | 1,326,634 |
Nanjing Daqo Electric |  | Purchase-Fixed assets |  |  | - |  |  |  | - |  |  |  | 1,439,332 |
Zhenjiang Electric |  | Purchase-Raw material |  |  | - |  |  |  | - |  |  |  | 331,353 |
Others subsidiaries under Daqo Group |  | Purchase-Fixed assets |  |  | 2,120,768 |  |  |  | 80,240 |  |  |  | 296,887 |
|  | Purchase-Raw material |  |  | 129,219 |  |  |  | 17,651 |  |  |  | 13,688 |
Total |  | Sales |  | $ | 11,194,197 |  |  | $ | 13,442,273 |  |  | $ | 6,694,997 |
|  | Income from disposal of fixed assets |  | $ | - |  |  | $ | - |  |  | $ | 478,565 |
|  | Income from sales of materials |  | $ | - |  |  | $ | - |  |  | $ | 15,899 |
|  | Purchase-Fixed assets |  | $ | 5,655,016 |  |  | $ | 8,186,294 |  |  | $ | 17,504,926 |
|  | Purchase-Raw material |  | $ | 129,219 |  |  | $ | 17,651 |  |  | $ | 345,041 |
|  | Rental expense |  | $ | 1,912,059 |  |  | $ | 1,889,414 |  |  | $ | 1,433,577 |
|  | Interest expense |  | $ | 850,380 |  |  | $ | 440,368 |  |  | $ | - |
|  | Proceeds from related parties loans |  | $ | 126,400,842 |  |  | $ | 63,172,079 |  |  | $ | 104,301,423 |
|  | Repayment of related parties loans |  | $ | 148,463,137 |  |  | $ | 83,754,652 |  |  | $ | 104,421,948 |

X
- Definition Tabular disclosure of short-term loan balances with related parties. + References No definition available. + Details
Name: | dq_ScheduleOfRelatedPartyBalancesLoansTableTextBlock
Namespace Prefix: | dq_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of payables balances with related parties. + References No definition available. + Details
Name: | dq_ScheduleOfRelatedPartyBalancesPayablesTableTextBlock
Namespace Prefix: | dq_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration