China Keli Electric Co. Ltd.
TSX VENTURE : ZKL

November 10, 2010 14:38 ET

China Keli Announces New Products for Smart Grid

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 10, 2010) - China Keli Electric Company Ltd. (TSX VENTURE:ZKL) ("China Keli" or the "Company") is pleased to announce that two important new products developed by its operating subsidiary, Zhuhai Keli Electric Co., Ltd. ("Zhuhai Keli"), have passed national standards tests for the People's Republic of China ("PRC"), qualifying these products for sale in the Chinese market.

  1. KYN28A-12/T4000-40kA Metalclad Removable Metal High-voltage Switchgear 

    Testing of this new product was carried out at the Chinese national authorized institution for high-voltage switchgear testing, Xian High Voltage Apparatus Research Institution. The Company's product was tested at very high electric current of 40,000 Amps. As a result, Zhuhai Keli became one of the few manufactures in the PRC that can produce switchgears capable of handling this high-current level.

    High-current level switchgears are directly related to the reliability of power grids and electricity supply, and thus are very important for the building and operation of Smart Grid in the PRC.
  1. Neutral Grounding Resistor 1kA/10.5kV 

    Testing of this product was carried out at another Chinese national authorized institution for resistor testing, Shanghai Power Transmission & Distribution Testing Center. The Company's product surpassed all the testing performance criteria.

Neutral grounding resistors are used in power distribution stations for neutral grounding of generator and transformer windings. When a fault occurs, the neutral grounding resistor limits the current that flows from ground back to the transformer. This is of critical importance for the effective operation of the Smart Grid system. Zhuhai Keli is now among the few Chinese manufactures that can produce this type of high quality resistors in the PRC.

The successful performance of the Company's new products in passing national standards tests demonstrates the Company's expertise in leading edge R&D and product development, and its commitment to quality. These new products will accelerate market penetration in the fast growing Chinese market, especially in future Smart Grid projects. Recently, the Chinese Central Government announced billions of dollars in support of building out Smart Grid power distribution in China, and set a completion date of 2020.

About China Keli Electric Company Ltd.

China Keli manufactures and installs electrical components and equipment, including preassembled mini-substations, electrical controllers, pressurized/vacuumed switchgears and circuitbreakers in the People's Republic of China.

ON BEHALF OF THE BOARD OF DIRECTORS

Mr. Lou Meng Cheong, CEO

Mr. Kai Hong Chan, Secretary

This news release may contain forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • China Keli Electric Company Ltd.
    Mr. Lou Meng Cheong
    CEO
    (604) 270-2345
    or
    China Keli Electric Company Ltd.
    Mr. Kai Hong Chan
    Secretary
    (604) 270-2345