Here is some other info on their rocket plans.
The Linkspace New Line 1 rocket will be a Small Launch Vehicle (SLV) designed for microsatellite and nanosatellite launches. It will be capable of sending up to 200 kilograms into a Sun-synchronous orbit (SSO). This is a low orbit of 155 to 342 miles.
The launcher will have a takeoff thrust of about 400 kN (∼90,000 lbf). The first stage of the vehicle will consist of four liquid-oxygen/kerosene engines with gas generator cycle. Each single booster will have a thrust of 100 kN (22,480 lbf).
They plan to charge RMB 30 million (US$4.6 million) one-time launch and RMB 15 million re-use (RMB).
They are targeting 2020 for their first orbital launch. They are currently performing lower altitude hovering tests (similar to Blue Origin).
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