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

ACCRUED EXPENSES AND OTHER PAYABLES (Details)

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ACCRUED EXPENSES AND OTHER PAYABLES (Details)
Dec. 31, 2017
USD ($)
Dec. 31, 2017
CNY (¥)
Mar. 31, 2017
CNY (¥)
item
Value-added tax and other taxes payable   ¥ 5,633,799 ¥ 2,407,530
Accrued payroll and welfare   25,997,904 17,042,283
Accrued test monitoring fees   44,189,462 17,141,791
Royalty fees payable   1,707,151 734,571
Income taxes payable   14,953,642  
Other current liabilities   38,479,021 52,032,672
Total accrued expenses and other payables $ 20,128,333 ¥ 130,960,979 89,358,847
Muhua Shangce      
Investment prepayments received     ¥ 34,000,000
Number of third party investors | item     2
Percentage of equity shares to be acquired by third party investors     20.00%