v3.5.0.1

INTANGIBLE ASSETS, NET (Tables) | 12 Months Ended
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Mar. 31, 2016
INTANGIBLE ASSETS, NET |
Summary of company's intangible assets |
|  | March 31, 2015 |
|  |  |  |  |  |  |  |  |  | Weighted |
|  | Gross |  | Accumulated |  |  |  | Net |  | Average |
|  | carrying |  | amortization |  |  |  | carrying |  | Amortization |
|  | amount |  | /deduction |  | Impairment |  | amount |  | Period |
|  | RMB |  | RMB |  | RMB |  | RMB |  | Years |
Customer relationships |  | 1,300,000 |  | (659,166 | ) | — |  | 640,834 |  | 12 |
Training platform |  | 422,700 |  | (119,765 | ) | — |  | 302,935 |  | 5 |
Contracts in progress (i) |  | 1,225,380 |  | (915,227 | ) | (310,153 | ) | — |  | — |
Total intangible assets |  | 2,948,080 |  | (1,694,158 | ) | (310,153 | ) | 943,769 |  |  |
|  | March 31, 2016 |
|  |  |  |  |  |  |  |  |  | Weighted |
|  | Gross |  | Accumulated |  |  |  | Net |  | Average |
|  | carrying |  | amortization |  |  |  | carrying |  | Amortization |
|  | amount |  | /deduction |  | Impairment |  | amount |  | Period |
|  | RMB |  | RMB |  | RMB |  | RMB |  | Years |
Customer relationships |  | 1,300,000 |  | (767,500 | ) | — |  | 532,500 |  | 12 |
Training platform |  | 422,700 |  | (204,305 | ) | — |  | 218,395 |  | 5 |
Total intangible assets |  | 1,722,700 |  | (971,805 | ) | — |  | 750,895 |  |  |
(i) Contracts in progress of RMB 569,087 and RMB 346,140 recognized at the acquisition date was deducted from the billing upon completion of certain contracts as of March 31, 2014 and 2015. The Company recognized an impairment charge of RMB 310,153 upon the cancellation of certain contracts during the year ended March 31, 2015.
Schedule of estimated amortization expense | As of March 31, 2016, the estimated amortization expense for the next five years is as follows:
|  | March 31 |
|  | RMB |
2017 |  | 192,873 |
2018 |  | 192,873 |
2019 |  | 157,648 |
2020 |  | 108,333 |
2021 |  | 99,168 |

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