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

SHARE BASED COMPENSATION - Total and Unrecognized Compensation Expense (Details)

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SHARE BASED COMPENSATION - Total and Unrecognized Compensation Expense (Details) - Options - CNY (¥)
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
SHARE BASED COMPENSATION      
Total share based compensation expense ¥ 4,079,082 ¥ 8,040,512 ¥ 984,595
Total unrecognized compensation expense ¥ 7,429,354    
Weighted average period over which unrecognized compensation expense is expected to be recognized 3 years 1 month 6 days