FAIR VALUE MEASUREMENT - Fair value table (Details) |
Mar. 31, 2017
CNY (¥)
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|---|---|
| Aggregate fair value | ¥ 10,376,547 |
| Convertible promissory note ("the Notes") | Recurring basis | |
| Aggregate fair value | 10,376,547 |
| Convertible promissory note ("the Notes") | Recurring basis | Level 3 | |
| Aggregate fair value | ¥ 10,376,547 |
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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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