Land Space Technology Co. Ltd. (referred to as hereinafter "LandSpace") was founded in June 2015 with focus on the design, manufacturing and operations of small and medium launch vehicles. LandSpace is devoted to the development of Liquid-fuel ( LOX+LCH4)Rocket Engines (LREs) and low-cost commercial launch vehicles with independent intellectual property rights. LandSpace could complete the system and unit design, manufacture, test and delivery with highly-integrated design and innovation capability by a first-class technical team, to provide economical and reliable high-quality launch services for commercial satellites and special-purpose spacecrafts, as well as development of new technologies and systems for space applications.