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Loans to Third Pairties, Net | 12 Months Ended
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Mar. 31, 2021
Loans To Third Pairties Net Disclosure [Abstract] |
LOANS TO THIRD PAIRTIES, NET | NOTE 4 – LOANS TO THIRD PAIRTIES, NET Loans to third parties consisted of the following:
|  | As of March 31, 2021 |  |  | As of March 31, 2020 |
Loans to third parties, current: |  |  |  |  |  |
Beijing Chuangyouyi Education Technology Co.,Ltd (a) |  | $ | 93,038 |  |  | $ | 85,980 |
Beijing Dejinbao Mining Engineering Co., Ltd (b) |  |  | 580,974 |  |  |  | - |
Guizhou Shunxincheng Human Resources Co., Ltd |  |  | 3,053 |  |  |  | 42,316 |
Beijing Zhongke Education Co., Ltd |  |  | 39,684 |  |  |  | - |
Loans to third parties, noncurrent: |  |  |  |  |  |  |  |
Beijing Dejinbao Mining Engineering Co., Ltd (b) |  |  | 78,882 |  |  |  | 579,335 |
Less: allowance for doubtful accounts |  |  |  |  |  |  |  |
Beijing Chuangyouyi Education Technology Co.,Ltd (a) |  |  | .(93,038 | ) |  |  | (85,980 | )
Total loan to third parties, net |  | $ | 702,593 |  |  | $ | 621,651 |
(a) | On December 25, 2017, Distance Learning loaned RMB600,000 (USD93,038 as of March 31, 2021) to Beijing Chuangyouyi Education Technology Co.,Ltd (“Chuangyouyi”). The loan bears an interest rate of 6% and is not guaranteed. The maturity was December 24, 2018. Chuangyouyi did not repay upon maturity, the Company has fully accrued allowance for the balance.
(b) | On September 5, 2017, Distance Learning loaned RMB3,000,000 (USD457,889 as of March 31, 2021) to Beijing Dejinbao Mining Engineering Co., Ltd (“Dejinbao”). The loan bears an interest rate of 6% and is not guaranteed. The original maturity was September 5, 2019, and was later extended to September 4, 2021. On September 27, 2018, Distance Learning loaned an additional RMB600,000 (USD91,578 as of March 31, 2021) to Dejinbao. The loan bears an interest rate of 6% and is not guaranteed. The maturity of the loan is September 26, 2022.

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