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

LONG-TERM INVESTMENTS - Cost Method Investments (Details)

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LONG-TERM INVESTMENTS - Cost Method Investments (Details)
1 Months Ended 9 Months Ended 12 Months Ended
Jul. 26, 2017
director
Dec. 31, 2016
CNY (¥)
Dec. 31, 2017
USD ($)
Dec. 31, 2017
CNY (¥)
Mar. 31, 2017
CNY (¥)
Apr. 30, 2017
CNY (¥)
Mar. 31, 2017
USD ($)
Mar. 31, 2017
CNY (¥)
Cost method investments                
Cost method investments       ¥ 75,121,700       ¥ 69,621,700
Proceed from sale of equity interest     $ 707,553 4,603,550 ¥ 5,500,000      
Gain recognized from disposal of long-term investment     $ 498,664 3,244,457 ¥ 1,600,000      
Beijing Empower Education Online Co., Ltd. ("EEO")                
Cost method investments                
Cost method investments       38,000,000   ¥ 38,000,000   ¥ 32,500,000
Percentage of equity interest             8.33% 8.33%
Cash consideration           ¥ 5,500,000   ¥ 32,500,000
Medicine (Beijing) Education Technology Ltd. ("MDS")                
Cost method investments                
Cost method investments       5,100,000       ¥ 5,100,000
Percentage of equity interest             15.00% 15.00%
Cash consideration               ¥ 9,000,000
Percentage of equity interest sold out   6.50%            
Proceed from sale of equity interest   ¥ 5,500,000            
Gain recognized from disposal of long-term investment   ¥ 1,600,000            
ApplySquare Education & Technology Co., Ltd. ("ApplySquare")                
Cost method investments                
Cost method investments       19,721,700       ¥ 19,721,700
Percentage of equity interest             9.00% 9.00%
Cash consideration             $ 3,000,000 ¥ 19,721,700
Beijing GlobalWisdom Information Technology Co., Ltd. ("GlobalWisdom")                
Cost method investments                
Cost method investments       ¥ 12,300,000       ¥ 12,300,000
Percentage of equity interest             8.20% 8.20%
Cash consideration               ¥ 12,300,000
GlobalWisdom                
Cost method investments                
Percentage of equity shares decrease 6.8345%              
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