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

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

ACQUISITION (Details)

v2.4.0.8

ACQUISITION (Details)				0 Months Ended			5 Months Ended	12 Months Ended
ACQUISITION (Details)	Mar. 31, 2014 USD ($)	Mar. 31, 2014 CNY	Mar. 31, 2013 CNY	Nov. 02, 2013 Xing Wei Group USD ($)	Oct. 31, 2013 Xing Wei Group USD ($)	Oct. 31, 2013 Xing Wei Group CNY	Mar. 31, 2014 Xing Wei Group CNY	Mar. 31, 2014 Xing Wei Group CNY	Mar. 31, 2013 Xing Wei Group CNY	Oct. 31, 2013 Xing Wei Group Training platform CNY	Oct. 31, 2013 Xing Wei Group Contracts in progress CNY
Acquisition
Cash consideration					$ 3,190,000	19,612,120
Cash paid				3,190,000
Net revenue							305,607
Net loss							1,702,306
Pro forma
Net revenue								386,386,238	367,598,801
Net income								23,342,382	20,640,931
Additional disclosure
Acquisition related costs								676,237
Fair value of consideration transferred:
Cash					3,190,000	19,612,120
Fair values of identifiable assets acquired and liabilities assumed
Cash						9,785,414
Accounts receivable and other current assets						710,300
Property and equipment						165,168
Intangible asset										422,700	1,225,380
Accrued expenses and other current liabilities						(285,894)
Total identifiable net assets						12,023,068
Goodwill	4,988,724	31,011,902	23,422,850			7,589,052
Total identifiable assets acquired and liabilities assumed, including goodwill						19,612,120

- Definition

Amount of accounts receivable and other assets expected to be realized or consumed before one year or the normal operating cycle, if longer, acquired at the acquisition date.

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Amount of accrued expenses and other liabilities due within one year or within the normal operating cycle, if longer, assumed at the acquisition date.

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The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period.

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This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.

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Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer.

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This element represents the amount of earnings or loss of the acquiree since the acquisition date included in the consolidated income statement for the reporting period.

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This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period.

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Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

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The amount of identifiable intangible assets recognized as of the acquisition date.

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Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed.

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The amount of property, plant, and equipment recognized as of the acquisition date.

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Amount recognized for assets, including goodwill, in excess of (less than) the aggregate liabilities assumed.

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Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

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The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price.

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