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Loans to Third Pairties, Net
12 Months Ended
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.