We present a sample of 734 ultracool dwarfs using LAMOST DR7 spectra, i.e.,  those having a spectral type of or later than M6, including an L0.  All of these red or brown dwarfs are within 360 pc, with a Gaia G magnitude brighter than 19.2 mag, a BP-RP color redder than 2.5 mag  and an absolute G magnitude fainter than 9 mag. Their stellar parameters  (Teff, log g, and [M/H]) are consistent with being the Galactic thin-disk  population, which is further supported by their kinematics using LAMOST radial velocity plus Gaia proper motion and parallax.  A total of 77 are detected  with the lithium absorption line at 6708 A, signifying youth and substellar nature. We report on their kinematic ages estimated by the velocity dispersion. Thirty five close pairs are identified, of which the binarity of six is discovered for the first time.