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

COMMITMENTS AND CONTINGENCIES (Details)

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COMMITMENTS AND CONTINGENCIES (Details) - CNY (¥)
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
Year ended March 31:      
2017 ¥ 11,515,853    
2018 13,312,011    
2019 10,410,049    
2020 10,925,938    
2021 1,409,891    
Total 47,573,742    
Rental expense for operating leases ¥ 12,803,338 ¥ 14,096,009 ¥ 7,848,918
Minimum      
Lease commitments      
Operating lease term 2 years    
Maximum      
Lease commitments      
Operating lease term 6 years    
Year ended March 31:      
Operating lease term which were not renewed 1 month