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BRIEF-Lifan Industry to raise up to 5.2 bln yuan in private placement

May 25 (Reuters) - Lifan Industry Group Co Ltd

* Says plans to raise up to 5.2 billion yuan ($838.57 million)in private placement of shares to fund new energy projects

* Says trading of shares to resume on May 26

Source text in Chinese: http://bit.ly/1IZ2J3w; http://bit.ly/1IULVfv

Further company coverage: ($1 = 6.2010 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)