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

ACQUISITION (Tables)

v3.8.0.1
ACQUISITION (Tables)
9 Months Ended
Dec. 31, 2017
Puhua Technology  
Summary of consideration paid to acquire Puhua Technology and the amounts of identifiable assets acquired and liabilities assumed at the acquisition date

 

 

 

As of September 12, 2016

 

 

 

RMB

 

Fair value of consideration transferred:

 

 

 

Cash paid

 

2,000,000

 

Fair value of non-controlling interests

 

1,333,333

 

Fair value of identifiable assets acquired and liabilities assumed:

 

 

 

Cash

 

2,411,583

 

Other receivables and prepayments

 

746,009

 

Other non-current assets

 

16,848

 

 

 

 

 

Total assets acquired

 

3,174,440

 

Other liabilities

 

(1,353,188

)

 

 

 

 

 

 

 

 

Amount of identifiable net assets

 

1,821,252

 

 

 

 

 

 

 

 

 

Goodwill

 

1,512,081