v3.5.0.1

LONG-TERM INVESTMENTS (Details 2) - CNY (¥) | 12 Months Ended
--- | ---
Mar. 31, 2016 | Mar. 31, 2015
Zhishang |  |
Summarized financial information of the equity method investments |  |
Current assets | ¥ 16,915,455 | ¥ 28,296,240
Non current assets | 1,519,523 | 445,861
Current liabilities | 1,319,972 | 1,193,824
Equity | 17,115,006 | 27,548,277
Net revenue | 5,910 |
Cost and operating expenses | 11,813,664 | 2,577,214
Loss before income taxes | (10,433,271) | (2,451,723)
Net loss | (10,433,271) | (2,451,723)
Other equity method investments |  |
Summarized financial information of the equity method investments |  |
Current assets | 30,555,039 | 21,934,816
Non current assets | 588,119 | 299,538
Current liabilities | 4,300,511 | 7,532,973
Equity | 26,842,647 | 14,701,381
Net revenue | 612,939 | 143,100
Cost and operating expenses | 26,771,669 | 3,881,674
Loss before income taxes | (24,963,580) | (3,730,703)
Net loss | ¥ (24,963,580) | ¥ (3,730,703)

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