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

COMMITMENTS AND CONTINGENCIES (Tables)

v3.7.0.1
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Mar. 31, 2017
COMMITMENTS AND CONTINGENCIES  
Schedule of future minimum lease payments under non-cancelable operating leases

                                                                                                                                                                                                  

 

 

Minimum

 

 

 

Lease Payments
Amount

 

 

 

RMB

 

Year ended March 31:

 

 

 

2018

 

14,078,048

 

2019

 

11,194,606

 

2020

 

11,056,698

 

2021

 

1,409,891

 

2022

 

 

 

 

 

 

 

 

37,739,243

 

 

 

 

 

 

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

                                                                                                                                                                                                  

 

 

Required Payments
Amount

 

 

 

RMB

 

Year ended March 31:

 

 

 

2018

 

4,838,400

 

2019

 

1,296,000

 

 

 

 

 

 

 

6,134,400