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BRIEF-Lomon Billions Plans Share Buyback Worth Between 300 Mln Yuan And 1.2 Bln Yuan

July 11 (Reuters) - Lomon Billions Group Co Ltd:

* SAYS IT PLANS TO BUY BACK 300 MILLION YUAN ($44.95 million) TO 1.2 BILLION YUAN WORTH OF COMPANY SHARES AT NO HIGHER THAN 18 YUANPER SHARE WITHIN SIX MONTHS Source text in Chinese: Further company coverage: ($1 = 6.6735 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)