Abstract: Objective: As a private enterprise, Kaidar Group Co., Ltd. in Shenzhen has obtained the opportunity to collaborate, develop, and profit from the stateowned project Xintang Station. It is necessary to analyze the flexibility and possibilities of cooperation between stateowned transportation projects and private enterprises. Method: The construction process of micropowers theory framework is introduced. Taking the Guangzhou Xintang StationCadre International TOD Centre as example, from Michel Foucault′s perspective of micropowers, and using Henri Lefebvre′s space production theory, the spatial production process of the study case and the internal mechanisms influenced by macro and micropowers are analyzed. Result & Conclusion: The project does not adopt the typical PPP (publicprivate partnership) model. The successful implementation of this study case is closely related to the initial autonomous cooperation between the private enterprise and the power entity of village collective, as well as the subsequent reactions of another power entity composed of government departments and rail transit companies. It is a result of macropower constraints, micropower interplay, and balance of interests among all parties with the two power entities and multiple stakeholders. The operation of micropowers still works within the framework of macropowers, with the macropowers such as urbanrural dualistic structure and land regulations guiding the ultimate direction of micropowers interplay. However, the macropowers cannot fully penetrate into the operation of micropowers, and there exists a certain space of freedom for micropowers operation among various power entities.