STATUTORY RESERVES (Details) - CNY (¥) |
12 Months Ended | |
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Mar. 31, 2017 |
Mar. 31, 2016 |
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STATUTORY RESERVES | ||
Required percentage of after tax profit transferred to general reserve fund | 10.00% | |
Percentage of registered capital limit for transfer of after tax profit to general reserve fund | 50.00% | |
Appropriation of after tax profit to general reserve fund | ¥ 55,164,065 | ¥ 36,431,792 |
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- Definition Represents the amount of appropriations of after tax profit to general reserve fund as of balance sheet date. No definition available.
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- References No definition available.
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- Definition Represents the ratio of the general reserve fund to registered capital after which mandatory contributions to the general reserve fund are no longer required for foreign-invested enterprises as per the laws and regulations applicable to the entity and its subsidiaries. No definition available.
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X | ||||||||||
- Definition Represents the percentage of after tax profit required to be transferred to the general reserve fund as per the laws and regulations applicable to the entity and its subsidiaries. No definition available.
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