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

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 6)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 6)
12 Months Ended
Mar. 31, 2016
USD ($)
Mar. 31, 2016
CNY (¥)
Mar. 31, 2015
CNY (¥)
Mar. 31, 2014
CNY (¥)
Mar. 31, 2016
CNY (¥)
May 19, 2015
CNY (¥)
Assets and liabilities            
Accounts receivable, net $ 7,839,956   ¥ 48,150,046   ¥ 50,552,034  
Prepayment and other current assets 1,850,534   24,505,249   11,932,244  
Amounts due from related parties 1,550,868       10,000,000  
Total current assets 49,651,367   312,950,666   320,152,015  
Equity method investments     35,729,848   48,747,486  
Property and equipment, net 8,875,578   62,720,375   57,229,727  
Other assets 1,648,689   11,887,740   10,630,745  
Total assets 72,962,334   455,244,300   470,461,130  
Accrued expenses and other payables 8,954,657   54,415,425   57,739,627  
Deferred revenues 2,576,328   21,742,735   16,612,164  
Total current liabilities and total liabilities 11,822,354   77,921,892   ¥ 76,230,542  
Net revenue and net income (loss)            
Net revenue 64,692,923 ¥ 417,139,969 350,157,824 ¥ 384,668,378    
Net income 4,040,197 26,051,187 23,055,720 27,276,435    
Cash flows            
Net cash provided by operating activities 10,003,840 64,504,771 45,852,235 37,343,760    
Net cash used in investing activities (5,707,422) (36,801,464) (52,759,443) (13,959,185)    
Net cash used in financing activities $ (3,149,873) ¥ (20,310,382) (63,660,710) (700,409)    
VIE            
Assets and liabilities            
Cash     18,397,974      
Accounts receivable, net     23,145,899      
Prepayment and other current assets     5,228,560      
Amounts due from related parties     25,159      
Total current assets     46,797,592      
Equity method investments     35,729,848      
Property and equipment, net     562,021      
Other assets     8,171,895      
Total assets     91,261,356      
Accrued expenses and other payables     15,011,489      
Amounts due to related parties     19,436,997      
Deferred revenues     731,490      
Total current liabilities and total liabilities     35,179,976      
Net revenue and net income (loss)            
Net revenue     154,454,044 100,204,186    
Net income     21,951,065 13,224,130    
Cash flows            
Net cash provided by operating activities     22,655,696 21,829,320    
Net cash used in investing activities     ¥ (37,956,001) ¥ (249,904)    
Assets pledged or collateralized           ¥ 0