Attached files

file filename
8-K - CURRENT REPORT - CHINA YIDA HOLDING, CO.f8k0110_chinayida.htm
EX-10.1 - PLACEMENT AGENCY AGREEMENT, - CHINA YIDA HOLDING, CO.f8k0110ex1i_chinayida.htm
EX-99.1 - PRESS RELEASE - CHINA YIDA HOLDING, CO.f8k0110ex99i_chinayida.htm
EX-10.2 - SUBSCRIPTION AGREEMENT - CHINA YIDA HOLDING, CO.f8k0110ex10i_chinayida.htm
 
 
Exhibit 5.1
 
 

 

 

January 22, 2010

China Yida Holding, Co.
RM 1302-3 13/F, Crocodile House II
55 Connaught Road Central, Hong Kong

 
Re:
China Yida Holding, Co.
    Registration Statement on Form S-3 (SEC No. 333-163687)
 
Ladies and Gentlemen:

We have acted as counsel to China Yida Holding, Co. (the "Company") in connection with the issuance and sale of up to 2,517,521 shares (the “Shares”) of the Company’s Common Stock (the “Common Stock”), pursuant to the above-referenced Registration Statement on Form S-3, as amended (the "Registration Statement"), filed with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Act"), the related prospectus included therein (the “Prospectus”) and the prospectus supplement to be filed with the Securities and Exchange Commission pursuant to Rule 424(b) promulgated under the Act (the “Prospectus Supplement”).

In arriving at the opinions expressed below, we have examined and relied, to the extent we deemed proper, on certificates of officers of the Company as to factual matters, and on originals or copies certified or otherwise identified to our satisfaction, of all such corporate records of the Company and such other instruments and certificates of public officials and other persons as we have deemed appropriate. In our examination, we have assumed the authenticity of all documents submitted to us as originals, the conformity to the original documents of all documents submitted to us as copies, the genuineness of all signatures on documents reviewed by us and the legal capacity of natural persons.

Based upon, subject to and limited by the foregoing, we are of the opinion that, as of the date hereof, the Shares have been duly and validly authorized and upon issuance, delivery and payment therefor in the manner contemplated by the Registration Statement, the Prospectus and the Prospectus Supplement, will be validly issued, fully paid and nonassessable.
 
We express no opinion as to the applicability of, compliance with or effect of, the law of any jurisdiction other than United States Federal law, the laws of the State of New York and the General Corporation Law of the State of Delaware.
 
We hereby consent to the references to our firm under the caption "Legal Opinions" in the Registration Statement and any Prospectus Supplement and to the use of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not hereby admit that we come within the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Securities and Exchange Commission thereunder.

 
Very truly yours,
   
   
 
/s/ Anslow & Jaclin, LLP