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BORROWINGS (Tables)

12 Months Ended

Mar. 31, 2022

SHORT-TERM AND LONG TERM BORROWINGS

Schedule of borrowings from commercial banks or other institutions

The following table presents borrowings from commercial banks or other institutions as of March 31, 2021 and 2022.

		March 31, 2021				March 31, 2022
		RMB				RMB
Long-term borrowings:			312,560				233,000
Minus: current portion of long-term borrowings			(79,560	)			(233,000	)
			233,000				—

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Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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