BEIJING, July 30 (Reuters) - Chinese rocket developer

LandSpace Technology is seeking to list on the Shanghai Stock

Exchange's tech-focussed STAR Market, according to a document

released by the securities regulator on Tuesday.

The document did not state how much the company aims to

raise.

Beijing-based LandSpace was the world's first company to

launch a methane-liquid oxygen rocket in July 2023, ahead of

U.S. rivals including Elon Musk's SpaceX and Jeff Bezos's Blue

Origin.

It completed a test of the first-stage propulsion system of

its Zhuque-3 launch vehicle in June, paving the way for the

reusable rocket's first launch scheduled for the second half of

2025, according to a statement posted on the company's WeChat

account.

A successful test of Zhuque-3 would make LandSpace the

second company after SpaceX to launch a reusable rocket, which

is cheaper and faster in launch turnaround compared with

expendable rockets.

Founded in 2015, LandSpace has secured funding from

investors including venture capital firm HongShan, known at that

time as Sequoia Capital China, the investment arm of Chinese

property developer Country Garden and the state-backed China SME

Development Fund.

LandSpace raised 900 million yuan ($125 million) in December

from a state-owned fund focussed on advanced manufacturing,

while in 2020 it raised 1.2 billion yuan, Chinese corporate

databases showed.

($1 = 7.1796 Chinese yuan renminbi)

(Reporting by Yukun Zhang and Eduardo Baptista; Editing by

Emelia Sithole-Matarise)