XML 61 R43.htm IDEA: XBRL DOCUMENT v3.22.1

RELATED PARTY TRANSACTIONS AND BALANCES (Tables)

12 Months Ended

Dec. 31, 2021

RELATED PARTY TRANSACTIONS AND BALANCES

Schedule of material related party relationship

​

Name of the related party		Relationship
Daqo Group Co., Ltd. (“Daqo Group”)		Daqo Group and the Group are controlled by same group of shareholders
Zhenjiang Daqo Solar Co. Ltd.(“Zhenjiang Daqo”)		An affiliated company controlled by Daqo Group
Daqo Solar Co. Ltd (“Daqo Solar”)		An affiliated company controlled by Daqo Group
Daqo New Material Co., Ltd. (“Daqo New Material”)		An affiliated company controlled by Daqo Group
Chongqing Daqo Tailai Electric Co., Ltd. (“Chongqing Daqo Tailai”)		An affiliated company controlled by Daqo Group
Nanjing Daqo Transformer Systems Co., Ltd. (“Nanjing Daqo Transformer”)		An affiliated company controlled by Daqo Group
Jiangsu Daqo Changjiang Electric Co., Ltd. (“Jiangsu Daqo”)		An affiliated company controlled by Daqo Group
Nanjing Daqo Electric Co., Ltd. (“Nanjing Daqo Electric”)		An affiliated company controlled by Daqo Group
Zhenjiang Electric Equipment Co., Ltd. ( “Zhenjiang Electric”)		An affiliated company controlled by Daqo Group
Daqo Investment Co.,Ltd.(“Daqo Investment”)	​	An affiliated company controlled by Daqo Group
Nanjing Yidian Huichuang Information Technology Co.,Ltd. (“Nanjing Yidian”)	​	An affiliated company controlled by Daqo Group, and disposed in September 2020

Schedule of Related Party Balances, Loans

​

​	​	​	​	​	​	​
​	​	December 31,
​		2020			2021
Amounts due from related parties (continuing operations)		​			​
Nanjing Daqo Transformer	​	$	104	​	$	—
Others	​		25	​		—
Total	​	$	129	​	$	—

Schedule of Related Party Balances, Payables

​

​	​	​	​	​	​	​
​	​	December 31,
​		2020			2021
Amounts due to related parties – short term portion (continuing operations)		​			​
Nanjing Daqo Transformer	​	$	170	​	$	1,729
Chongqing Daqo Tailai	​	​	55	​	​	2,085
Daqo New Material	​	​	4,549	​	​	4,673
Nanjing Daqo Electric	​	​	—	​	​	981
Jiangsu Daqo	​	​	5	​	​	612
Zhenjiang Electric	​	​	—	​	​	231
Others	​		371	​		504
Total	​	$	5,150	​	$	10,815

Schedule of Related Party Transactions

The material transactions with Daqo Group and its subsidiaries were as follows:

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	Transaction	​	Year Ended December 31,
Name of Related parties		Nature		2019			2020			2021
Daqo Group		Repayment of interest free loans	​	$	—	​	$	11,597	​	$	4,650
Zhenjiang Daqo		Proceeds from interest free loans	​		—	​		4,349	​		—
​	​	Repayment of interest free loans	​	​	—	​	​	4,349	​	​	—
​		Sales	​		3,987	​		—	​		—
Daqo Solar		Proceeds from interest free loans	​		16,005	​		18,520	​		13,213
​		Repayment of interest free loans	​		16,005	​		18,412	​		13,483
Nanjing Daqo Transformer		Purchase-fixed assets	​		12,337	​		40	​		12,913
​	​	Proceeds from interest free loans	​		1,842	​		—	​		—
​	​	Repayment of interest free loans	​		1,842	​		8,131	​		—
Chongqing Daqo Tailai		Purchase-fixed assets	​		15,212	​		111	​		17,812
​		Proceeds from interest free loans	​		2,541	​		—	​		—
​		Repayment of interest free loans	​		2,541	​		5,049	​		—
Jiangsu Daqo		Purchase-fixed assets	​		4,115	​		—	​		5,299
Nanjing Daqo Electric		Purchase-fixed assets	​	​	6,229	​	​	45	​	​	8,553
Zhenjiang Electric		Purchase-raw material	​	​	1,700	​	​	—	​	​	1,967
Nanjing Yidian	​	Purchase-fixed assets	​	​	8,690	​	​	1,218	​	​	—
​	​	Purchase-raw material	​	​	1,625	​	​	560	​	​	—
Total		Sales	​	$	3,987	​	$	—	​	​	—
​	​	Purchase-fixed assets	​	$	46,583	​	$	1,414	​	​	44,577
​	​	Purchase-raw material	​	$	3,325	​	$	560	​	​	1,967
​	​	Proceeds from related parties loans	​	$	20,388	​	$	22,869	​	​	13,213
​	​	Repayment of related parties loans	​	$	20,388	​	$	47,538	​	​	18,133

X

- Definition

Tabular disclosure of material related party relationship.

+ References

No definition available.

+ Details

Name:	dq_ScheduleOfMaterialRelatedPartyRelationshipTableTextBlock
Namespace Prefix:	dq_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

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:	dtr-types: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:	dtr-types: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:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration