Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

OPERATING LEASES (Details)

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OPERATING LEASES (Details) - Building - CNY (¥)
Mar. 31, 2016
Mar. 31, 2015
Operating leases    
Property on Operating Lease, gross ¥ 53,049,213 ¥ 26,251,157
Less: Accumulated depreciation (12,030,383) (5,038,472)
Property and equipment, net 41,018,830 ¥ 21,212,685
Future minimum rental income    
2017 7,294,680  
2018 5,346,188  
2019 4,629,140  
2020 4,502,820  
2021 106,361  
Total ¥ 21,879,189