BRIEF-Montnets Rongxin Technology to buy back 300-500 mln yuan worth of shares

Nov 22 (Reuters) - Montnets Rongxin Technology Group Co Ltd

* Says it plans to buy back 300-500 million yuan ($45.35-$75.58 million) worth of company shares at no higher than 16.75 yuan per share within seven months

Source text in Chinese: http://bit.ly/2zY7Lkc

Further company coverage: ($1 = 6.6155 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)