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

SHARE BASED COMPENSATION (Details 5)

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SHARE BASED COMPENSATION (Details 5)
12 Months Ended
Mar. 31, 2014
USD ($)
Mar. 31, 2014
CNY
Mar. 31, 2013
CNY
Mar. 31, 2014
Nonvested shares
USD ($)
Mar. 31, 2014
Nonvested shares
CNY
Mar. 31, 2013
Nonvested shares
USD ($)
Mar. 31, 2013
Nonvested shares
CNY
Mar. 31, 2012
Nonvested shares
USD ($)
Number of shares                
Outstanding at the beginning of the period (in shares)       895,000 895,000 1,146,750 1,146,750 306,000
Granted (in shares)       280,000 280,000 100,000 100,000 1,060,000
Vested (in shares)       (265,000) (265,000) (334,250) (334,250) (116,245)
Forfeited (in shares)       (100,000) (100,000) (17,500) (17,500) (103,005)
Outstanding at the end of the period (in shares)       810,000 810,000 895,000 895,000 1,146,750
Weighted average grant date fair value                
Outstanding at the beginning of the period (in dollars per share)       $ 4.633   $ 4.788   $ 2.949
Granted (in dollars per share)       $ 2.145   $ 2.015   $ 4.963
Vested (in dollars per share)       $ 4.963   $ (4.348)   $ 2.076
Forfeited (in dollars per share)       $ 2.015   $ 1.904   $ 4.470
Outstanding at the end of the period (in dollars per share)       $ 3.989   $ 4.633   $ 4.788
Additional disclosures                
Total fair value of shares vested (in dollars)       $ 560,975   $ 829,077   $ 527,371
Number of vested shares reacquired upon vesting to satisfy the minimum tax withholding obligation       51,676 51,676 44,564 44,564  
Consideration to reacquire vested shares upon vesting to satisfy the minimum tax withholding obligation $ 91,352 567,881 913,453   567,881   913,453