Nocera, Inc. Announces Strategic Distribution Agreement for Pre‑Owned iPhone 17 Pro

What Happened

• On September 17, 2026, Nocera, Inc. entered a Strategic Partnership and Joint Distribution Agreement with E-PRO DISPLAY CO., LTD. to act as a non‑exclusive worldwide distributor for pre‑owned iPhone 17 Pro and iPhone 17 Pro Max handsets under a buy‑back/trade‑in program run by iFP Green Technology Limited and its affiliates. iFP confirmed (Aug 26, 2026) that approximately 600,000 handsets — with an aggregate awarded value of about US$520.5 million — have been allocated to E‑PRO. Shipments are expected in tranches from late September through the end of November 2026, originating from iFP’s Texas facilities.
• The Agreement is a framework: it imposes no minimum quantity, dollar amount, or term commitment; each tranche requires a separate sale/purchase contract and either party can decline a tranche without liability. The Agreement term is 12 months, terminable on 30 days’ notice, governed by New York law with arbitration for disputes. Nocera has applied to be a registered iFP supplier; that registration is still pending.

Key Details

• Date of agreement: September 17, 2026; press release issued September 23, 2026.
• Allocation reported by iFP to E‑PRO: ~600,000 handsets, aggregate awarded value ≈ US$520.5 million (represents E‑PRO allocation, not Nocera revenue or orders).
• Shipments expected in tranches from late Sep to end of Nov 2026; goods are pre‑owned handsets and come with no warranty from the parties as to condition or functionality per the Agreement.
• Agreement: 12‑month initial term, 30‑day termination, no minimum purchase obligations, separate contracts required per tranche.

Why It Matters

• This deal could give Nocera access to a large pool of recent model pre‑owned iPhones, potentially creating near‑term sales opportunities and channel expansion if tranches are executed.
• However, the Agreement does not guarantee revenue: there are no minimum commitments, allocations cited are to E‑PRO (not Nocera), shipments depend on separate contracts and iFP supplier registration (pending), and products are sold with no warranties on condition or value. Investors should view this as a potential distribution opportunity with material execution and registration risks rather than confirmed revenue.