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

CHANGE IN FISCAL YEAR END (Details)

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CHANGE IN FISCAL YEAR END (Details)
9 Months Ended 12 Months Ended
Dec. 31, 2017
CNY (¥)
Dec. 31, 2018
USD ($)
Dec. 31, 2018
CNY (¥)
Dec. 31, 2017
CNY (¥)
Mar. 31, 2017
CNY (¥)
CHANGE IN FISCAL YEAR END          
Net revenues ¥ 5,185,822 $ 194,690 ¥ 1,338,592 ¥ 7,389,371 ¥ 8,831,390
Cost of revenues 3,785,865 618,348 4,251,451 4,957,647 4,407,274
Gross profit (loss) 1,399,957 (423,658) (2,912,859) 2,431,724 4,424,116
Operating expenses 60,087,962 9,988,002 68,672,509 74,104,081 61,228,551
Other operating income, net   551,730 3,793,418    
Loss from continuing operations (58,688,005) (9,859,930) (67,791,950) (71,672,357) (56,804,435)
Other loss, net     (261,524) (16,427,003)  
Loss from continuing operations before income taxes (74,912,949) (9,897,967) (68,053,474) (88,099,360) (58,222,793)
Income tax benefit (2,109,096)     (591,290) 1,517,806
Loss from continuing operations, net of income taxes (72,803,853) (9,897,967) (68,053,474) (87,508,070) (59,740,599)
Income from discontinued operations, net of income taxes 100,640,933 133,612,825 918,654,979 61,431,845 49,771,192
Net income (loss) ¥ 27,837,080 $ 123,714,858 ¥ 850,601,505 ¥ (26,076,225) ¥ (9,969,407)