FUZHOU, China, Dec. 4 /PRNewswire-Asia-FirstCall/ -- China Yida Holding Company (OTC:CNDH) (BULLETIN BOARD: CNDH) ("China Yida" or the "Company"), a leading diversified entertainment and media enterprise in China, today announced that the Company received approval to list its common stock on the NASDAQ Capital Market. (Logo: http://www.newscom.com/cgi-bin/prnh/20091012/CNM039LOGO ) China Yida expects to begin trading on the NASDAQ Capital Market with a new ticker symbol "CNYD" on Monday, December 7, 2009, until which time its shares will continue to trade on the Over-the-Counter Bulletin Board. "We are honored to list our shares on NASDAQ, one of the world's preeminent stock exchanges," commented Dr. Minhua Chen, Chairman and Chief Executive Officer of China Yida. "We view this upgrade as a significant milestone in our Company's development and validation of our corporate governance practices. We anticipate that China Yida will benefit from higher visibility within the investment community, improved liquidity and better access to the capital markets to support the profitable growth of our business." About China Yida China Yida Holding Co. is a leading diversified entertainment enterprise focused on China's fast-growing media and tourism industries and headquartered in Fuzhou City, Fujian province of China. The Company's media business provides operations management services; including channel, column and advertisement management for television station, presently the Fujian Education Television Station ("FETV," a top-rated provincial education television channel), and "Journey through China on the Train" (an advertisement-embedded travel program, currently the only on-board media program from third party authorized by Ministry of Railways). Additionally, the Company provides tourism management services, and specializes in the development, management and operation of natural, cultural and historic scenic sites. China Yida currently operates the Great Golden Lake tourist destination (Global Geopark, including Golden Lake, Shangqing River, Zhuanyuan Rock, Luohan Mountain and Taining Old Town.), Hua'An Tulou tourist destination (World Culture Heritage, including Dadi Tulou cluster and the Shangping Tulou cluster), and China Yunding tourist destination (National Park, including Colorful Rock Valley, Yunding Paradise, Yunding Waterfall, South Heavenly Mountain, and Seven Star Lake). The Company's operating scenic sites are over 300 square kilometers in the area. For further information, please contact the Company directly, or visit its Web site at http://www.yidacn.net/ . Forward-Looking Statements Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate, "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of China Yida Holding Co., Inc. (the "Company") to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to: (i) the Company's ability to obtain sufficient capital or a strategic business arrangement; (ii) the Company's ability to build and maintain the management and human resources and infrastructure necessary to support the anticipated growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/ . For more information, please contact: China Yida Holding Company George Wung, CFO Phone: +1-909-843-6358 Email: CCG Investor Relations Crocker Coulson, President Phone: +1-646-213-1915 Ed Job, CFA Phone: +1-646-213-1914 Email: http://www.newscom.com/cgi-bin/prnh/20091012/CNM039LOGO DATASOURCE: China Yida Holding Company CONTACT: George Wung, CFO of China Yida Holding Company, +1-909-843-6358, ; Crocker Coulson, President of CCG Investor Relations, +1-646-213-1915, or Ed Job, CFA, +1-646-213-1914, Web site: http://www.yidacn.net/

Copyright