FUZHOU, China, July 13, 2012 /PRNewswire-Asia-FirstCall/
-- China Yida Holding Company (Nasdaq: CNYD) ("China Yida" or
the "Company"), a diversified tourism and entertainment enterprise
in China, today announced that it
held its 2012 Annual Meeting of Stockholders (the "Annual Meeting")
on July 8, 2012.
At the Annual Meeting, the Company's stockholders were asked to
vote on a proposal to re-elect five directors to serve as members
of the Board of Directors until the 2013 Annual Meeting of
Stockholders or until their successors are duly elected. The
stockholders elected Mr. Minhua
Chen, Ms. Yanling Fan, Mr.
Michael Marks, Mr. Chunyu Yin and Mr. Fucai
Huang as members of the Board of Directors of the Company by
a plurality of the votes cast.
Also ratified was the proposal for the appointment of KCCW
Accountancy Corp. as the Company's independent registered
accounting firm for the fiscal year ending on December 31, 2012.
About China Yida
China Yida is a leading tourism and media enterprise focused on
China's fast-growing leisure industry and headquartered in
Fuzhou City, Fujian province of China. 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), Hua'An Tulou tourist destination
(World Culture Heritage) and China Yunding Park (National
Park). China Yida is also developing three additional tourism
projects, Ming Dynasty Entertainment World, China Yang-sheng (Nourishing Life) Tourism
Project and the City of Caves.
The Company's media business provides operations management
services including content and advertising management for the
Fujian Education Television Station ("FETV"), and "Journey through
China on the Train", an advertisement-embedded travel
program.
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.
Contact:
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China Yida
Holding
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CCG
Investor Relations
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Jocelyn
Chen
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Crocker
Coulson, President
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Phone: +86
591 28082230
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Phone: +
(1) 646-213-1915
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Email:
ir@yidacn.net
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Email:
Crocker.Coulson@ccgir.com
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SOURCE China Yida Holding Company