Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

On September 12, 2012, China Yida Holding Co. ("we" or the "Company") entered into a director agreement with Michael Marks for a period of one year commencing from June 10, 2012. We agree to pay to Mr. Marks a cash compensation of RMB 300,000, or approximately $48,000, per year payable on a quarterly basis. Additionally, we will reimburse Mr. Marks for pre-approved reasonable business related expenses incurred in the meeting and other activities which is in good faith in the performance of independent director's duties for the Company and approved by the Company in advance.

Michael Marks has been a director of the Company since June 2009.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits Exhibit No. Description 10.1 Director Agreement between the Company and Michael Marks