$DIXON and Gemtek Technology Co., Ltd. signed a binding term sheet on June 9, 2026, to form a joint venture through Dixon Electroconnect Private Limited. Dixon will hold 60% and Gemtek 40% of the subsidiary to manufacture optical transceivers and BOSA modules. The transaction is pending definitive agreements and regulatory approvals. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.