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

SHARE BASED COMPENSATION (Details 4)

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SHARE BASED COMPENSATION (Details 4) - Options - CNY (¥)
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
SHARE BASED COMPENSATION      
Total share based compensation expense ¥ 8,040,512 ¥ 984,595 ¥ 3,946,384
Total unrecognized compensation expense ¥ 5,934,262    
Weighted average period over which unrecognized compensation expense is expected to be recognized 2 years 10 months 24 days