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

SHARE BASED COMPENSATION - Share Incentive Plans (Details)

v3.7.0.1
SHARE BASED COMPENSATION - Share Incentive Plans (Details)
1 Months Ended 12 Months Ended
Dec. 30, 2016
shares
Jan. 07, 2008
shares
Jan. 31, 2017
$ / shares
shares
Apr. 30, 2015
$ / shares
shares
Feb. 28, 2015
CNY (¥)
$ / shares
Feb. 28, 2015
CNY (¥)
item
shares
Oct. 31, 2014
CNY (¥)
Oct. 30, 2013
$ / shares
shares
Apr. 30, 2005
shares
Mar. 31, 2017
USD ($)
$ / shares
shares
Mar. 31, 2017
CNY (¥)
shares
Mar. 31, 2016
$ / shares
Mar. 31, 2016
CNY (¥)
shares
Mar. 31, 2015
$ / shares
Mar. 31, 2015
CNY (¥)
shares
Oct. 31, 2007
shares
Officer(s) | Common share                                
SHARE BASED COMPENSATION                                
Number of officers | item           2                    
Fair value of shares on the grant date | ¥                             ¥ 2,831,396  
Cost of treasury shares repurchased | ¥         ¥ 2,983,072 ¥ 2,983,072                    
Amount recognized as a reduction of additional paid-in capital | ¥           ¥ 151,676                    
Officer One | Common share                                
SHARE BASED COMPENSATION                                
Number of shares granted (in shares)           100,000                    
Officer Two | Common share                                
SHARE BASED COMPENSATION                                
Number of shares granted (in shares)           114,314                    
Options                                
SHARE BASED COMPENSATION                                
Additional exercise period       6 months                        
Additional compensation expense due to modifications | ¥                         ¥ 1,635,726      
Number of shares                                
Outstanding at the beginning of the period (in shares)       3,885,667             1,904,067   3,885,667   4,214,667  
Granted (in shares)                     900,000       1,469,460  
Exercised (in shares)                             (300,000)  
Forfeited (in shares)                     (100,000)       (1,102,095)  
Expired (in shares)                     (253,000)   (1,981,600)   (396,365)  
Outstanding at the end of the period (in shares)                     2,451,067   1,904,067   3,885,667  
Vested and expected to vest at the end of the period (in shares)                   2,451,067            
Exercisable at the end of the period (in shares)                   916,337            
Weighted average exercise                                
Outstanding at the beginning of the period (in dollars per share) | $ / shares       $ 2.66           $ 2.61   $ 2.66   $ 2.72    
Granted (in dollars per share) | $ / shares                   1.71       2.24    
Exercised (in dollars per share) | $ / shares                           2.12    
Forfeited (in dollars per share) | $ / shares                   1.71       2.50    
Expired (in dollars per share) | $ / shares                   3.60   2.72   2.58    
Outstanding at the end of the period (in dollars per share) | $ / shares                   2.21   $ 2.61   $ 2.66    
Vested and expected to vest at the end of the period (in dollars per share) | $ / shares                   2.21            
Exercisable at the end of the period (in dollars per share) | $ / shares                   $ 2.63            
Weighted remaining contractual Years                                
Vested and expected to vest at the end of the period                     7 years 11 months 16 days          
Exercisable at the end of the period                     6 years 5 months 12 days          
Aggregate intrinsic value                                
Vested and expected to vest at the end of the period (in dollars) | $                   $ 156,000            
Additional disclosures                                
Total intrinsic value of options exercised (in dollars) | ¥                     ¥ 0   ¥ 0      
Options | Officer(s)                                
SHARE BASED COMPENSATION                                
Vesting rate on the first anniversary (as a percent)           25.00%   25.00%                
Vesting rate for remaining awards (as a percent)           75.00%   75.00%                
Vesting period for remaining 75% shares           3 years   3 years                
Percentage forfeited             75.00%                  
Expense reversed, related to the unvested share options recognized previously | ¥             ¥ 4,014,513                  
Number of shares                                
Granted (in shares)           1,469,460   1,469,460                
Weighted average exercise                                
Granted (in dollars per share) | $ / shares         ¥ 2.24     $ 2.50                
Options | Employees and officers                                
SHARE BASED COMPENSATION                                
Vesting rate on the first anniversary (as a percent)     25.00%                          
Vesting rate for remaining awards (as a percent)     75.00%                          
Vesting period for remaining 75% shares     36 months                          
Number of shares                                
Granted (in shares)     900,000                          
Weighted average exercise                                
Granted (in dollars per share) | $ / shares     $ 1.705                          
Non-vested shares                                
SHARE BASED COMPENSATION                                
Non-vested shares granted                     2,700,000          
Non-vested shares | Employees and officers                                
SHARE BASED COMPENSATION                                
Non-vested shares granted     2,700,000                          
Vesting rate at the end of each year from the grant date over 4 years (as a percent)     25.00%                          
Vesting period     4 years                          
2005 Share incentive plan                                
SHARE BASED COMPENSATION                                
Shares authorized                 2,894,000             3,310,300
2005 Share incentive plan | Options                                
SHARE BASED COMPENSATION                                
Expiration term                 10 years              
Vesting rate on the first anniversary (as a percent)                     25.00%          
Vesting rate for remaining awards (as a percent)                     75.00%          
Vesting period for remaining 75% shares                     36 months          
2008 Share incentive plan                                
SHARE BASED COMPENSATION                                
Shares authorized 5,726,763 336,307               6,063,070            
Annual increase in shares reserved (as a percent)   1.00%                            
Annual increase in shares reserved (in shares)   336,307                            
Expiration term 10 years 10 years                            
2008 Share incentive plan | Options                                
SHARE BASED COMPENSATION                                
Expiration term   10 years                            
Vesting rate on the first anniversary (as a percent)                     25.00%          
Vesting rate for remaining awards (as a percent)                     75.00%          
Vesting period for remaining 75% shares                     36 months          
2008 Share incentive plan | Non-vested shares                                
SHARE BASED COMPENSATION                                
Vesting rate at the end of each year from the grant date over 4 years (as a percent)                     25.00%          
Vesting period   4 years