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

LONG-TERM INVESTMENTS - Cost Method Investments (Details)

v3.7.0.1
LONG-TERM INVESTMENTS - Cost Method Investments (Details)
1 Months Ended 12 Months Ended
Dec. 31, 2016
CNY (¥)
Mar. 31, 2017
USD ($)
Mar. 31, 2017
CNY (¥)
Mar. 31, 2017
CNY (¥)
Apr. 30, 2016
Cost method investments          
Cost method investments       ¥ 69,621,700  
Proceed from sale of equity interest   $ 799,047 ¥ 5,500,000    
Gain recognized from disposal of long-term investment   $ 232,450 ¥ 1,600,000    
Beijing Empower Education Online Co., Ltd. ("EEO")          
Cost method investments          
Cost method investments       32,500,000  
Percentage of equity interest         8.33%
Cash consideration       32,500,000  
Medicine (Beijing) Education Technology Ltd. ("MDS")          
Cost method investments          
Cost method investments       ¥ 5,100,000  
Percentage of equity interest   15.00%   15.00%  
Cash consideration       ¥ 9,000,000  
Percentage of equity interest sold out 6.50%        
Proceed from sale of equity interest ¥ 5,500,000        
Gain recognized from disposal of long-term investment ¥ 1,600,000        
ApplySquare Education & Technology Co., Ltd. ("ApplySquare")          
Cost method investments          
Cost method investments       ¥ 19,721,700  
Percentage of equity interest   9.00%   9.00%  
Cash consideration   $ 3,000,000   ¥ 19,721,700  
Beijing GlobalWisdom Information Technology Co., Ltd. ("GlobalWisdom")          
Cost method investments          
Cost method investments       ¥ 12,300,000  
Percentage of equity interest   8.20%   8.20%  
Cash consideration       ¥ 12,300,000