CDLQ(SZ:002628) Sou Hu Cai Jing·2025-11-07 16:14Core Viewpoint - The resurgence of the "Dazhou Gang" in the capital market is highlighted by the recent rise of Lin Xiaoqing, a 29-year-old chairwoman of Chengdu Road and Bridge, who is not a second-generation successor but has connections to the "Dazhou Gang" through her family [2][4][10]. Group 1: Company Background - Chengdu Road and Bridge, established in 1988, is the only privately-owned infrastructure company listed in Sichuan, having gone public in 2011 [10]. - The company has seen significant changes in control, with the original controller, Zheng Yuli, imprisoned in 2015, leading to a series of acquisitions by members of the "Dazhou Gang" [10][12]. Group 2: Recent Developments - Lin Xiaoqing was appointed as chairwoman in May 2022 and has a notable background in various political and business roles in Shenzhen [4]. - Under her leadership, Chengdu Road and Bridge engaged in a related party transaction, renting office space from a hotel owned by her direct relative, Lin Junchen, which raised concerns about potential conflicts of interest [4][6]. Group 3: Ownership and Control - Liu Jiangdong and Liu Zhiming, both associated with the "Dazhou Gang," hold 5% and 15.56% of Chengdu Road and Bridge, respectively, with Liu Jiangdong being the actual controller [2][12]. - The company has faced challenges, including share freezes and disputes, leading to a decrease in the voting power of its major shareholders, although control remains intact for now [12].