0001193805-12-001938 Sample Contracts

Contract
Deposit Agreement • December 11th, 2012 • JPMorgan Chase Bank, N.A. - ADR Depositary • Semiconductors & related devices • New York

AMENDMENT NO. 1, dated as of December , 2012 (the "Amendment"), to the Deposit Agreement dated as of October 6, 2010 (the "Deposit Agreement") among Daqo New Energy Corp., incorporated under the laws of the Cayman Islands (the "Company"), JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), and all holders from time to time of American depositary receipts ("ADRs") issued thereunder.

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