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ACQUISITION OF HUNAN RUIXI AND ITS VIE (Details)
9 Months Ended
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.