v3.26.1
Long-Term Investments (Tables)
 12 Months Ended
Mar. 31, 2026
Long-Term Investments [Abstract]  
Schedule of Long-Term Investment

The Company’s long-term investments consist of the following:

 

   As of
March 31,		   As of
March 31,		 
   2025   2026 
   RMB   RMB 
         
Equity method investments   5,350    5,417 
Available-for-sale investments   59,624    30,490 
Equity securities with readily determinable fair values   12    1 
Total   64,986    35,908 
Schedule of Available-for-Sale Investments

The following table summarizes the Company’s available-for-sale investments as of March 31, 2025:

 

   Cost   Gross
unrealized
gains		   Gross
unrealized
losses		   Disposal of
Long-term
investments		   Fair value 
                    
Unlisted debt securities   69,572    
    -
     (9,948)   
     -
    59,624 

The following table summarizes the Company’s available-for-sale investments as of March 31, 2026:

 

   Cost   Gross
unrealized
gains		   Gross
unrealized
losses		   Disposal of
Long-term
investments		   Fair value
                          
Unlisted debt securities   69,572    
-
    (22,617)   (16,465)  30,490
Schedule of Equity Securities With Readily Determinable Fair Values

The following table summarizes the Company’s equity securities with readily determinable fair values as of March 31, 2025:

 

   Cost   Gross
unrealized
gains		   Gross
unrealized
losses		   Fair value 
                
Listed company   1,292    
        -
    (1,280)   12 

The following table summarizes the Company’s equity securities with readily determinable fair values as of March 31, 2026:

 

   Cost   Gross unrealized gains   Gross unrealized losses   Fair value 
                
Listed company   1,292    
     -
    (1,291)   1