NOCERA Business Summary

Nocera, Inc. (NCRA) operates as a diversified, industry-agnostic holding company that generates revenue through three primary channels: the design and engineering of patented Recirculating Aquaculture Systems (RAS), direct-to-consumer (DTC) e-commerce operations, and a strategic digital asset treasury. In its core aquaculture segment, the company provides Engineering, Procurement, and Construction (EPC) services, equipment manufacturing, and management consulting for land-based fish farms. Following a strategic pivot in late 2025, Nocera expanded into the U.S. e-commerce market through a 35% stake in Tachyonext Inc. and the acquisition of Hangzhou SY Culture Media, while simultaneously implementing a $300 million digital asset strategy that included a $2 million Bitcoin treasury allocation completed in early 2026. Within the competitive landscape of sustainable agriculture and food tech, Nocera competes with firms such as Origin Agritech (SEED), CEA Industries (CEAD), and Local Bounti (LOCL), positioning itself as a micro-cap bridge between traditional sustainable infrastructure and high-growth digital commerce. The company was founded in 2002 by the late Jeff Cheng, whose vision for land-based aquaculture established the firm’s technological foundation. Current leadership is headed by CEO Andy Jin (Ching-An Jin), who assumed the role in August 2023 following a tenure as Investment Director at Fotex Holding and executive roles at Dagong Global Credit Rating Group. The executive team includes CFO Jim Chuang, a finance veteran with the company since 2019, COO Howard Chen, appointed in early 2024 to oversee operational scaling, and Asia Director Andrew Teng. Nocera’s strategic direction is supported by a $300 million senior secured convertible note facility led by a U.S.-based institutional investor, and a recently restructured board of directors—including independent director and former interim CEO David Kou—who were re-elected at the January 2026 annual meeting to oversee the company’s transition into a tech-centric holding entity.