Nocera has acquired a 30% controlling interest in QMAX Technology, a Taiwan-based memory and storage solutions company and authorized distribution channel for Micron/Crucial memory products, through a variable interest entity structure. The company issued 300,000 shares of restricted common stock to Chien-Hua Tseng, the registered holder of the equity interest. Through the transaction, Nocera gains established memory sales qualifications, vendor authorizations, and distribution relationships covering DRAM modules, server memory, and solid-state storage.
The 300,000 consideration shares were valued at $1.36 per share, for an aggregate purchase price of $408,000. No cash consideration was paid. The 30% controlling interest is held through a VIE structure comprising a voting rights proxy, an equity pledge, an exclusive call option exercisable under Taiwan law, and an exclusive business cooperation agreement.
The acquisition represents another milestone in Nocera’s transformation into Nocera Holdings, a diversified technology-focused holding company pursuing opportunities across artificial intelligence, AI infrastructure, data centers, robotics, biotech, blockchain, and digital assets. Through QMAX, Nocera gains authorized sales qualifications and channel relationships for Micron / Crucial memory products, along with an operating procurement and distribution platform whose revenue grew nearly ten-fold between fiscal 2023 and fiscal 2025, reaching approximately US$1.36 million in fiscal 2025.
QMAX Technology is a Taiwan-based memory and storage solutions provider founded in 2015, distributing DDR5 desktop and notebook memory, ECC server memory, and enterprise and consumer SSDs to channel and export customers. Nocera is a Nevada corporation pursuing a strategic transformation into a diversified holding company, leveraging international relationships and market access across Asia and other emerging global markets.
KEY QUOTES:
“AI cannot scale without compute, and compute cannot scale without memory. Securing qualified access to memory and storage supply is a foundational step in our AI infrastructure strategy. QMAX brings us established sales qualifications and channel relationships for Micron / Crucial products, an operating supply-chain platform, and a team with deep roots in Taiwan’s memory industry.”
Andy Jin, CEO, Nocera
“Joining the Nocera Holdings platform gives QMAX access to capital, international relationships and a much larger strategic canvas. Demand for server memory and storage from AI applications is unlike anything our industry has seen. With Nocera, we can scale from a Taiwan channel business into a supply-chain partner for the AI data center build-out across Asia and beyond.”
Stanley Tseng (Chien-Hua Tseng), Founder, QMAX Technology
