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

COMMITMENTS AND CONTINGENCIES (Tables)

v3.2.0.727
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Mar. 31, 2015
COMMITMENTS AND CONTINGENCIES  
Schedule of future minimum lease payments under non-cancelable operating leases

 

 

 

 

Minimum

 

 

 

Lease Payments
Amount

 

 

 

RMB

 

Year ended March 31:

 

 

 

2016

 

14,092,657 

 

2017

 

9,688,776 

 

2018

 

10,115,305 

 

2019

 

10,467,905 

 

2020

 

10,986,576 

 

Thereafter

 

 

 

 

 

 

 

 

55,351,219 

 

 

 

 

 

 

Schedule of future minimum payments under the non-cancelable purchase agreement

 

 

 

 

Required Payments
Amount

 

 

 

RMB

 

Year ended March 31:

 

 

 

2016

 

3,456,000 

 

2017

 

1,152,000 

 

 

 

 

 

 

 

4,608,000