CHINA KELI ELECTRIC ANNOUNCES CSE CONDITIONAL APPROVAL

VANCOUVER, BC, Oct. 6, 2026 /CNW/ -- China Keli Electric Company Ltd. (the "Company") (NEX: ZKL) is pleased to announce that it has received conditional approval to list the common shares in the capital of the Company (the "Shares") on the Canadian Securities Exchange (the "CSE"). The proposed listing on the CSE (the "Listing") will take place following the completion of the previously announced acquisition of DGEN Technologies Corp. (the "Transaction"). The Company will provide a further update upon closing of the Transaction.

In connection with the Listing, the Company has applied to voluntarily delist the Shares from trading on the TSX Venture Exchange (the "TSXV").  The Listing remains subject to a number of conditions, including the acceptance of the delisting application by the TSXV and final approval of the listing application from the CSE.

About China Keli

China Keli is currently without an active business and is listed on the NEX Board of the TSX Venture Exchange. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws, including statements regarding the expected completion of the Transaction, the expected listing of the Shares on the CSE, the expected delisting of the Shares from the TSXV, the timing of such listing and delisting and the satisfaction of the conditions to the Listing and the Transaction. Forward-looking statements are based on certain assumptions that management considers reasonable as of the date of this news release, including that the Transaction will be completed on the terms and within the timeframe currently expected, that the Company will satisfy the conditions to the Listing and the Transaction, and that all required regulatory and other approvals will be obtained in a timely manner.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, the risk that the Transaction may not be completed as currently contemplated or at all, that the Company may not satisfy the conditions to listing on the CSE, that the TSXV may not accept the Company's delisting application when expected or at all, that the CSE may not grant final approval for the Listing when expected or at all, that required regulatory or other approvals may not be obtained on anticipated timelines or at all, and that unforeseen events or delays may affect the timing or completion of the Transaction, the Listing or the delisting of the Shares from the TSXV. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this news release. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE China Keli Electric Company Ltd.

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