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ACQUISITION OF HUNAN RUIXI AND ITS VIE (Details) | 9 Months Ended
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Dec. 31, 2018 USD ($)
Net assets acquired | $ 45,895 | [1]
Gain from acquisition of Hunan Ruixi and its subsidiary | 0 |
Noncontrolling interests | 0 | [2]
Total purchase consideration | $ 0 |
[1] | Net assets acquired primarily include cash and cash equivalents of $213,645, other current assets of $1,774,725, property and equipment of $36,384, other current liabilities of $607,558 and borrowings from third parties of $1,439,750.
[2] | Fair value of the noncontrolling interests is estimated with reference to the purchase price per share as of the acquisition date.

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