v3.5.0.1

COMMON SHARES | 12 Months Ended
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Mar. 31, 2016
COMMON SHARES |
COMMON SHARES | (1 3)COMMON SHARES The Company’s board of directors approved a share repurchase program on November 1, 20 12 to repurchase up to USD5 million worth of its issued and outstanding American Depository Shares (“ADS”) in both open-market and privately negotiated transactions. On January 31, 201 3, the Company’s board of director reviewed and approved the continuation of the share repurchase program through Ma y 31, 201 3. The Company’s board of directors approved a share repurchase program on August 5, 20 14 to repurchase up to USD5 million worth of its issued and outstanding ADSs in open-market through January 31, 2015. The Company’s board of directors approved a share repurchase program on September 24, 20 15 to repurchase up to USD 3 million worth of its issued and outstanding ADSs in open-market through March 31, 2016. For the years ended March 31, 20 1 4, 201 5 and 201 6, the Company repurchased 10,678, 612,314 and 1,134,264 common shares at a repurchase price of RMB 132,528, RMB 8,362,136 and RMB 19,536,028, respectively.

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References No definition available. + Details
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