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

FAIR VALUE MEASUREMENT - Level 3 (Details)

v3.8.0.1
FAIR VALUE MEASUREMENT - Level 3 (Details)
9 Months Ended 12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2017
CNY (¥)
Mar. 31, 2017
CNY (¥)
Roll-forward of the fair value of Level 3 (significant unobservable inputs) assets      
Total gain or losses included in net (loss) income     ¥ 568,320
Reclassification adjustment for loss on available-for-sale investment included in net income, net of nil income tax $ 85,128 ¥ 553,870  
Income tax on reclassification adjustment for loss on available-for-sale investment   0  
Available-for-sale investment      
Roll-forward of the fair value of Level 3 (significant unobservable inputs) assets      
Beginning balance   10,376,547 1,938,360
Purchases     7,957,440
Total gain or losses included in net (loss) income   (10,458,538) 568,320
Total gain or losses included in other comprehensive income (loss)     (553,870)
Reclassification adjustment for loss on available-for-sale investment included in net income, net of nil income tax   553,870  
Foreign currency translation adjustment   (471,879) 466,297
Ending balance     ¥ 10,376,547
Income tax on reclassification adjustment for loss on available-for-sale investment   ¥ 0