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

LONG-TERM INVESTMENTS (Details)

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LONG-TERM INVESTMENTS (Details)
Mar. 31, 2017
USD ($)
Mar. 31, 2017
CNY (¥)
Mar. 31, 2016
CNY (¥)
LONG-TERM INVESTMENTS      
Equity method investments   ¥ 8,893,440 ¥ 48,747,486
Cost method investments   69,621,700  
Available-for-sale investment   10,376,547 1,938,360
Total long-term investments $ 12,914,297 ¥ 88,891,687 ¥ 50,685,846