FUZHOU, China, Oct. 12 /PRNewswire-Asia-FirstCall/ -- China Yida Holding Company (OTC Bulletin Board: CNDH) ("China Yida" or the "Company"), a leading diversified entertainment enterprise in China, today announced that part of Hua'An Tulou's World Heritage tourism destination, the Shangping Tulou cluster scenic zone, opened to visitors on October 1, 2009.
(Logo: http://www.prnasia.com/sa/2009/10/12/20091012155952.jpg )
Shangping Tulou cluster is the earliest Tulou Group on record, and it includes the Qiyun, Shengping and Rixin Buildings. Among them, Qiyun was built in 1371, and is the oldest surviving round Tulou building in China, Shengping is the only Tulou building built in stone, and is as magnificent as the Roman Coliseum, and Rixin is the earliest castle-style Tulou building in China.
As part of the effort to raise the profile of Shangping Tulou cluster scenic zone to attract visitors, China Yida designed many interactive tourism activities while developing the ruins to restore the buildings. The Company expects to attract 160,000 visitors in 2010 to this destination and ticket prices are RMB 60 per person.
"We are delighted to announce the opening of the Shangping Tulou Group scenic zone," said Dr. Minhua Chen, China Yida's Chairman and CEO. "Located close to Xiamen City in Fujian province, we expect this destination will appeal to local as well as overseas tourists visiting China."
The Fujian Tulou is a large multi-storey building in southeast Fujian mountainous region built for large community living and defense, with weight bearing rammed earth wall and wood frame structure. It was declared a World Heritage Site by UNESCO in 2008, as it is an exceptional example of a building with tradition and function exemplifying a particular type of communal living and defensive organization in a harmonious relationship with the environment, and is known for its unique shape, large scale, and ingenious structure.
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 station), and "Journey through China on the Train"("CRTV", the only railway on-board media authorized by Ministry of Railways). Additionally, the Company provides tourism management services, and specializes in the investment and development 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.
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 Holdings
George Wung CFO
Tel: +1-909-843-6358
Email: ir@yidacn.net
CCG Investor Relations
Crocker Coulson, President
Tel: +1-646-213-1915
Ed Job, CFA
Tel: +1-646-213-1914
Email: ed.job@ccgir.com
