LONG-TERM INVESTMENTS (Details) |
Dec. 31, 2017
USD ($)
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Dec. 31, 2017
CNY (¥)
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Mar. 31, 2017
CNY (¥)
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|---|---|---|---|
| LONG-TERM INVESTMENTS | |||
| Equity method investments | ¥ 8,893,440 | ||
| Cost method investments | ¥ 75,121,700 | 69,621,700 | |
| Available-for-sale investment | 10,376,547 | ||
| Total long-term investments | $ 11,545,994 | ¥ 75,121,700 | ¥ 88,891,687 |
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- Definition Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after adjustment, of cost-method investment. Adjustments include, but are not limited to, dividends received in excess of earnings after date of investment that are considered a return of investment and other than temporary impairments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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