v3.5.0.1

DESCRIPTION OF BUSINESS, ORGANIZATION AND SIGNIFICANT CONCENTRATIONS AND RISKS (Tables) | 12 Months Ended
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Mar. 31, 2016
Net revenues | Customer concentration risk |
Significant Concentrations and Risks |
Schedule of significant concentrations and risks |
|  | Year Ended March 31, |
|  | 2014 |  | 2015 |  | 2016 |
|  | RMB |  | % |  | RMB |  | % |  | RMB |  | % |
The Chinese Institute of Certified Public Accountants |  | 61,654,948 |  | 16.0% |  | 64,944,327 |  | 18.5% |  | 76,485,306 |  | 18.3% |
Securities Association of China |  | 64,057,268 |  | 16.7% |  | 66,847,350 |  | 19.1% |  | 67,045,689 |  | 16.1% |
China Banking Association |  | 67,516,046 |  | 17.6% |  | 64,169,577 |  | 18.3% |  | 61,190,087 |  | 14.7% |
Accounts receivable, net | Credit concentration risk, customers or financial institutions |
Significant Concentrations and Risks |
Schedule of significant concentrations and risks |
|  | March 31, |
|  | 2015 |  | 2016 |
|  | RMB |  | % |  | RMB |  | % |
Asset Management Association of China |  | — |  | — |  | 13,243,230 |  | 26.2% |
The Chinese Institute of Certified Public Accountants |  | — |  | — |  | 6,069,096 |  | 12.0% |
Securities Association of China |  | 21,601,986 |  | 44.9% |  | — |  | — |
Cash and cash equivalent | Credit concentration risk, customers or financial institutions |
Significant Concentrations and Risks |
Schedule of significant concentrations and risks |
|  | March 31, |
|  | 2015 |  | 2016 |
|  | RMB |  | RMB |
Financial institutions in the mainland of the PRC |  |  |  |  |
— Denominated in Renminbi (“RMB”) |  | 190,964,354 |  | 236,843,121 |
— Denominated in United Stated Dollars (“USD”) |  | 721 |  | 723 |
Total cash and cash equivalents balances held at mainland PRC financial institutions |  | 190,965,075 |  | 236,843,844 |
Financial institutions in Hong Kong Special Administrative Region (“HKSAR”) of the PRC |  |  |  |  |
— Denominated in RMB |  | 43,214,291 |  | — |
— Denominated in Hong Kong Dollar |  | 33,442 |  | 20,873 |
— Denominated in USD |  | 5,973,846 |  | 10,502,056 |
— Denominated in Great Britain Pound |  | 108,717 |  | 300,964 |
Total cash balances held at HKSAR financial institutions |  | 49,330,296 |  | 10,823,893 |
Total cash and cash equivalents balances held at financial institutions |  | 240,295,371 |  | 247,667,737 |

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