v3.20.1

Income Taxes - Schedule of Components of Deferred Income Tax Assets and Liabilities (Details) | Dec. 31, 2019 CNY (¥) | Dec. 31, 2019 USD ($) | Dec. 31, 2018 CNY (¥) | Dec. 31, 2017 CNY (¥) | Mar. 31, 2017 CNY (¥)
--- | --- | --- | --- | --- | ---
Deferred income tax assets: |  |  |  |  |
Tax loss carry forwards | ¥ 28,153,853 |  | ¥ 14,082,622 |  |
Impairment loss of long-term investments | 10,148,827 |  | 4,132,700 |  |
Lease liability | 8,264,034 |  |  |  |
Impairment loss of intangible assets and other non-current assets | 2,233,110 |  |  |  |
Provision for other receivables | 1,396,914 |  |  |  |
Accrued expenses and other payables | 4,213,877 |  | 2,946,135 |  |
Property and equipment, net | 702,523 |  | 551,634 |  |
Donation | 2,768,750 |  | 250,000 |  |
Total gross deferred income tax assets | 57,881,888 |  | 21,963,091 |  |
Less: valuation allowance | (44,713,570) |  | (21,275,591) | ¥ (35,845,674) | ¥ (26,584,197)
Total deferred income tax assets, net | 13,168,318 |  | 687,500 |  |
Deferred income tax liabilities: |  |  |  |  |
Intangible assets | 32,657,242 |  |  |  |
Right-of-use assets | 10,196,572 |  |  |  |
Deferred revenues | 7,091,422 |  |  |  |
Change in fair value of long-term investment |  |  | 687,500 |  |
Total gross deferred income tax liabilities | 49,945,236 |  | ¥ 687,500 |  |
Deferred income tax assets | 11,464,891 | $ 1,646,829 |  |  |
Deferred income tax liabilities | ¥ 48,241,809 | $ 6,929,502 |  |  |

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