What’s it payload ? If can’t even launch standard constellation batches then it’s almost meaningless. Guess it will be used more as a tech demonstrator or something like to at then .
It wasn't formally disclosed but the few data points we have iirc are:
-The 2022 paper said a reusable payload 3.5-6.5t to 700km SSO depending on if it had 7 or 9 engines on the S1 (ultimately it had 7)
-A video by the Spacelens Group from december explained that the reusable payload capability of the Y1 model (which used a S1 repurposed from a suborbital test article) was 3t to a 500km SSO orbit, 6t to a mid-inclination low LEO; and 9t to the later when expended
-A Graphic from CASC from earlier this year explained it had an expendable capability of 12t, based on the fact that it showed a debut date of 2026 and not 2025, this is likely for the Y2 onward with a S1 that isn't repurposed, I guess it can be assumed Y2 will meet that payload target of 3.5t to 700km SSO
In all cases it's too small for the flown Qianfan/GW batches, and it's just not going to be economical compared to current expendable and future reusable launchers.
The future of the CZ-12A series will interesting to see; bringing it to relevant capabilities would probably involve increasing its size to CZ-12B/Zhuque-3 scale, and add more engines/switch them to something better (YF-219?), I guess SAST could do that since it woud be "their" RLV (unlike 12B which they do have a large participation in but is ultimately CACL's) I'm not sure it's particularly worth it, I think it would be a better idea to develop that New Glenn-scale RLV that was supposed to be the next step in their roadmap, but that's more expensive...