For the first time in China, a carrier rocket developed by a private company has successfully sent satellites into orbit.
iSpace’s Hyperbola-1 launch vehicle was launched from the Jiuquan Satellite Launch Center, Gansu Province, northwest China, on July 25, 2019, at 05:00 UTC (13:00 local time).
Solid fuel launcher
Hyperbola-1 is a four-stage small solid launch vehicle designed by iSpace, (Beijing Interstellar Glory Space Technology Corporation) with a payload capacity of over 570 pounds (260 kilograms).
Hyperbola-1 launched two satellites into orbit, a balloon satellite and the BP-1B satellite, developed by China Aerospace Science and Industry Corporation and Beijing Institute of Technology.
Go to this video from iSpace/China Central Television (CCTV) at:
https://youtu.be/qA6NfP_KM2A?list=PLpGTA7wMEDFjz0Zx93ifOsi92FwylSAS3
Also watch this clip from New China TV/XinhuaVideo