Most of the CubeSats have a volume range from 1U to 3U, which limits their applications due to the difficulty of miniaturizing payloads. To facilitate the needs on a larger but low-cost satellite platform, the AOXiang (AOX) project has been developed by Northwestern Polytechnical University (NPU). The primary objectives of AOX project are four-folds: 1) To demonstrate the world first 12U CubeSat Star of AOXiang and 12U orbit deployer which uses an innovative electromagnetic unlocking technology. 2) To investigate the feasibility of using polarized sunlight for spacecraft attitude determination and navigation, and perform microgravity research using a miniaturized gravimeter. 3) To test a fault tolerant on-board computer using the System On the Programmable Chip (SOPC) technology, and 4) To gain the experience from developing the CubeSat and the subsystems. The CubeSat was launched in June 2016. Now, the mission has achieved all the goals. This paper provides the detail information of the AOX project, with a focus on the introduction of the subsystems of the 12U CubeSat, the orbit deployer and the payloads. The recent in-orbit results of the first NPU are also presented. In addition to the educational objective that has been reached with more than 50 young scholars and students participated in the project.