China Yida Announces the Grand Opening of Yunding Park

China Yida Announces the Grand Opening of Yunding Park

-- Provides update on status of Shangqing River tourist attraction

FUZHOU, China, Sept. 28 /PRNewswire-Asia-FirstCall/ -- China Yida Holding
Company (Nasdaq: CNYD) ("China Yida" or the "Company"), a leading diversified
entertainment enterprise in China, today announced that its Yunding Park
opened to the public on September 28, 2010, in time to be able to attract peak
visitor traffic during the National Holiday.

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Yunding Park provides a unique environment of natural attractions and
cultural exhibits in a mountainous area that is reached via a cable car.
Tourists will be able to enjoy beautiful views at five exceptional sites,
including Flower Terrace, Heavenly Lake, Colorful Waterfall, Red River Valley
and Jade Valley. Starting from September 15, 2010, China Yida has conducted a
series of marketing campaigns through outdoor advertising, newspapers, radio
and television to publicize the opening of Yunding Park. As of the opening
date, the Company has signed agreements with over 40 tourism agencies to bring
tourist groups to Yunding Park.

"We are very excited to announce the grand opening of Yunding Park in time
for the National Holidays. As the foremost tourist destination in Fuzhou, the
capital city of Fujian province, we expect Yunding Park to make a significant
contribution to our financial results in the quarters ahead," commented Dr.
Minhua Chen, China Yida's Chairman and Chief Executive Officer.

As had been previously disclosed, the Company's Great Golden Lake
destination was damaged by two severe floods on June 18 and July 7, 2010, and
was closed to visitors for approximately 30 days. Following a recent
inspection and in consultation with Taining local government, the Company
decided to postpone the re-opening of Shangqing River attraction to allow
additional work to reconstitute the appeal and quality of the tourist
experience. All other attractions within the Great Golden Lake, including
Golden Lake, Zhuangyuan Rock, Luohan Mountain and Taining Old Town, remain
open and are operating well. Following the National Holiday, the Company plans
to provide an update regarding visitor traffic to the Great Golden Lake as
well as an assessment of the potential impact of a prolonged closure of
Shangqing River to its overall business.

"We will continue our effort to restore the Shangqing River and look
forward to opening it to tourists as soon as possible," concluded Dr. Chen.

About China Yida

China Yida 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, Zhuangyuan Rock, Luohan Mountain and Taining Old Town),
Hua'An Tulou tourist destination (World Culture Heritage, including Dadi Tulou
cluster and the Shangping Tulou cluster), China Yunding Park (National Park,
including Flower Terrace, Heavenly Lake, Colorful Waterfall, Red River Valley
and Jade Valley). It is also developing three other tourism projects,
including, the Ming Dynasty Entertainment World, China Yang-sheng (Nourishing
Life) Paradise and the City of Caves. The Company's operating scenic sites are
over 300 square kilometers in 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
www.sec.gov.

For more information, please contact:

China Yida Holding
George Wung, CFO
Phone: +1-909-843-6358
Email: ir@yidacn.net

CCG Investor Relations
Crocker Coulson, President
Phone: +1-646-213-1915
Ed Job, CFA
Phone: +86-21-3133-5075
Email: ed.job@ccgir.com
SOURCE China Yida Holding Company

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China Yida Holding Company

CONTACT: China Yida Holding: George Wung, CFO at +1-909-843-6358 or ir@yidacn.net; CCG Investor Relations: Crocker Coulson, President at +1-646-213-1915; Ed Job, CFA at +86-21-3133-5075 or ed.job@ccgir.com

Web Site: http://www.yidacn.net

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