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

GOODWILL AND INTANGIBLE ASSETS, NET (Details)

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GOODWILL AND INTANGIBLE ASSETS, NET (Details)
12 Months Ended
Mar. 31, 2017
USD ($)
grade
item
Mar. 31, 2017
CNY (¥)
grade
item
Mar. 31, 2016
CNY (¥)
Mar. 31, 2015
CNY (¥)
Change in the carrying amount of goodwill        
Balance at beginning of the year   ¥ 31,011,902 ¥ 31,011,902  
Balance at end of the year $ 4,725,125 32,523,983 31,011,902 ¥ 31,011,902
Intangible assets        
Gross carrying amount   13,900,058 1,722,700  
Accumulated amortization/deduction   (2,573,545) (971,805)  
Net carrying amount   11,326,513 750,895  
Amortization expenses   1,601,740 192,874 ¥ 192,873
Estimated amortization expense        
2018   2,628,345    
2019   2,593,120    
2020   2,543,805    
2021   2,534,639    
2022   1,026,604    
Customer relationships        
Intangible assets        
Gross carrying amount   1,300,000 1,300,000  
Accumulated amortization/deduction   (875,832) (767,500)  
Net carrying amount   ¥ 424,168 ¥ 532,500  
Weighted Average Amortization Period 12 years 12 years 12 years  
Training platform        
Intangible assets        
Gross carrying amount   ¥ 422,700 ¥ 422,700  
Accumulated amortization/deduction   (288,845) (204,305)  
Net carrying amount   ¥ 133,855 ¥ 218,395  
Weighted Average Amortization Period 5 years 5 years 5 years  
Royalty arrangement        
Intangible assets        
Gross carrying amount   ¥ 8,000,000    
Accumulated amortization/deduction   (1,200,000)    
Net carrying amount   ¥ 6,800,000    
Weighted Average Amortization Period 5 years 5 years    
Term of exclusive right to launch the online education services for banks registered under and supervised by CBA 5 years 5 years    
Education assessment test caseware        
Intangible assets        
Gross carrying amount   ¥ 4,177,358    
Accumulated amortization/deduction   (208,868)    
Net carrying amount   ¥ 3,968,490    
Weighted Average Amortization Period 5 years 5 years    
Number of subjects included | item 3 3    
Number of grades of junior and senior high school included | grade 6 6    
Puhua Technology        
Change in the carrying amount of goodwill        
Acquisition of Puhua Technology (Note 21)   ¥ 1,512,081