DAQO NEW ENERGY CORP. — Major Shareholding Notification 2012

Feb 14, 2012

SC 13G/A 1 d300193dsc13ga.htm SCHEDULE 13G AMENDMENT NO. 1 Schedule 13G Amendment No. 1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Schedule 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

(Amendment No. 1)*

Daqo New Energy Corp.

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

G26583 107

(CUSIP Number)

December 31, 2011

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

(Continued on following pages)

CUSIP NO. G26583 107 13G Page 2 of 6 Pages

1	NAME OF REPORTING PERSON Guangfu Xu (“Mr. Xu”)
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION People’s Republic of
China
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 39,583,333 ordinary shares, which consist of (i) 39,000,000
ordinary shares held by Gold Intellect Limited (“Gold Intellect”), a British Virgin Islands company solely owned and controlled by Mr. Xu, and (ii) 583,333 ordinary shares issuable upon exercise of options held by Mr. Xu that are
exercisable within 60 days of December 31, 2011. Gold Intellect may also be deemed to have sole voting power with respect to the 39,000,000 ordinary shares held by it.
	6	SHARED VOTING POWER 0
	7	SOLE DISPOSITIVE POWER 39,583,333 ordinary shares. See Item 5 above for detail. Gold
Intellect may also be deemed to have sole dispositive power with respect to the 39,000,000 ordinary shares held by it.
	8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 39,583,333 shares
10	CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 22.5%
12	TYPE OF REPORTING
PERSON IN

CUSIP NO. G26583 107 13G Page 3 of 6 Pages

1	NAME OF REPORTING PERSON Gold Intellect Limited
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION British Virgin
Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 39,000,000 ordinary shares held by Gold
Intellect.
	6	SHARED VOTING POWER 0
	7	SOLE DISPOSITIVE POWER 39,000,000 ordinary shares held by Gold
Intellect.
	8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 39,000,000 ordinary shares
10	CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 22.2%
12	TYPE OF REPORTING
PERSON CO

CUSIP NO. G26583 107 13G Page 4 of 6 Pages

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 People’s Republic
of China
ITEM 2	(a).	NAME OF PERSON FILING:
		Guangfu Xu Gold Intellect Limited
ITEM 2	(b).	ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
		For all Reporting Persons: c/o 66 Xinzhong Road Xinba, Yangzhong, Jiangsu
Province People’s Republic of China
ITEM 2	(c)	CITIZENSHIP:
		Guangfu Xu - People’s Republic of China. The place of organization of Gold Intellect Limited is the British Virgin
Islands.
ITEM 2	(d).	TITLE OF CLASS OF SECURITIES:
		Ordinary Shares
ITEM 2	(e).	CUSIP NUMBER:
		G26583 107
ITEM 3.	Not Applicable

CUSIP NO. G26583 107 13G Page 5 of 6 Pages

ITEM 4.
The following information with respect to the ownership of the ordinary shares of Daqo New Energy Corp. (the “Ordinary Shares”) by the reporting persons is
provided as of December 31, 2011:

Reporting Person — Guangfu Xu	39,583,333	22.5 %	39,583,333	0	39,583,333	0
Gold Intellect Limited	39,000,000	22.2 %	39,000,000	0	39,000,000	0

| | Gold Intellect is the registered holder of 39,000,000 Ordinary Shares. Mr. Xu is the ultimate sole shareholder of Gold Intellect. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Mr. Xu may be deemed to beneficially own all of the Ordinary Shares held by Gold Intellect. | | --- | --- | | 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: | | | Not applicable | | ITEM 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: | | | Not applicable | | ITEM 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: | | | Not applicable | | ITEM 9. | NOTICE OF DISSOLUTION OF GROUP: | | | Not applicable | | ITEM 10. | CERTIFICATIONS: | | | Not applicable |

CUSIP NO. G26583 107 13G Page 6 of 6 Pages

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.

Dated: February 14, 2012

Guangfu Xu	/s/ Guangfu Xu
	Name: Guangfu Xu
Gold Intellect Limited	/s/ Guangfu Xu
	Name: Guangfu Xu
	Title: Director