v3.26.1
Consolidated Statements of Changes in Shareholders' Equity
¥ in Thousands, $ in Thousands
Class A
Ordinary Shares
Adjusted
CNY (¥)
shares
Class A
Ordinary Shares
CNY (¥)
shares
Class B
Ordinary Shares
Adjusted
CNY (¥)
shares
Class B
Ordinary Shares
CNY (¥)
shares
Class C
Ordinary Shares
CNY (¥)
shares
Additional Paid-in Capital
Adjusted
CNY (¥)
Additional Paid-in Capital
CNY (¥)
Statutory reserves
Adjusted
CNY (¥)
Statutory reserves
CNY (¥)
Accumulated other comprehensive loss
Adjusted
CNY (¥)
Accumulated other comprehensive loss
CNY (¥)
Accumulated deficit
Adjusted
CNY (¥)
Accumulated deficit
CNY (¥)
Non- controlling interests
Adjusted
CNY (¥)
Non- controlling interests
CNY (¥)
Receivable for issuance of ordinary shares
Adjusted
CNY (¥)
Receivable for issuance of ordinary shares
CNY (¥)
Adjusted
CNY (¥)
CNY (¥)
USD ($)
Balances at Mar. 31, 2023 ¥ 373 ¥ 373 ¥ 82 ¥ 82   ¥ 3,287,696 ¥ 3,287,696 ¥ 3,876 ¥ 3,876 ¥ (37,189) ¥ (37,189) ¥ (2,995,975) ¥ (2,993,150) ¥ 39,471 ¥ 39,471 ¥ (83,405) ¥ (83,405) ¥ 214,929 ¥ 217,754  
Balances (in Shares) at Mar. 31, 2023 | shares 348,520 348,520 81,486 81,486                                
Change in Accounting Policy [1]               (2,825)       (2,825)  
Foreign currency translation adjustment           1,258         1,258 1,258  
Accretion on redeemable non-controlling interests to redemption value             (766)       (766) (766)  
Receivable for issuance of ordinary shares (Note 20)       75,276           (7,902)   67,374    
Unrealized securities holding losses, net of tax           (3,547)         (3,547) (3,547)  
Issuance of ordinary shares for the exercise of stock options       27             27    
Issuance of ordinary shares for the exercise of stock options (in Shares) | shares 58,929                                    
Share-based compensation       679             679    
Debt waive of Chong Li       (75,276)           75,276      
Issuance of ordinary shares for the private placement (Note 17) ¥ 589       41,273             41,862    
Issuance of ordinary shares for the private placement (Note 17) (in Shares) | shares 515,625                                    
Net loss             (63,664)   (5,234)     (68,898) (68,898)  
Balance at Mar. 31, 2024 ¥ 962 ¥ 962 ¥ 82 ¥ 82   ¥ 3,329,675 3,329,675 ¥ 3,876 3,876 ¥ (39,478) (39,478) ¥ (3,060,405) (3,060,405) ¥ 34,237 34,237 ¥ (16,031) (16,031) ¥ 252,918 252,918  
Balance (in Shares) at Mar. 31, 2024 | shares 923,074 923,074 81,486 81,486                                
Foreign currency translation adjustment             840         840  
Accretion on redeemable non-controlling interests to redemption value               (841)       (841)  
Receivable for issuance of ordinary shares (Note 20)                   9,783   9,783  
Unrealized securities holding losses, net of tax             869         869  
Share-based compensation         81             81  
Issuance of ordinary shares for the private placement (Note 17)   ¥ 2,152       12,365             14,517  
Issuance of ordinary shares for the private placement (Note 17) (in Shares) | shares   1,875,000                                    
Net loss               (54,125)   (4,471)     (58,596)  
Balance at Mar. 31, 2025   ¥ 3,114   ¥ 82   3,342,121   3,876   (37,769)   (3,115,371)   29,766   (6,248)   219,571  
Balance (in Shares) at Mar. 31, 2025 | shares   2,798,074   81,486                              
Fractional share settlement [2]                    
Fractional share settlement (in Shares) | shares [2]   54                                
Foreign currency translation adjustment           506         506 $ 73
Accretion on redeemable non-controlling interests to redemption value             (509)       (509)  
Disposal of a subsidiary         (1,501)       (41,173)     (42,674)  
Unrealized securities holding losses, net of tax           (12,669)         (12,669) (1,837)
Reclassification adjustment for net gains on available-for-sale investments included in net income           (6,892)         (6,892)  
Share-based compensation       5             5  
Issuance of ordinary shares for the private placement (Note 17)   ¥ 1,698   ¥ 571   22,065             24,334  
Issuance of ordinary shares for the private placement (Note 17) (in Shares) | shares   1,500,000     500,000                              
Net loss             (5,078)   3,194     (1,884) (274)
Balance at Mar. 31, 2026   ¥ 4,812   ¥ 82 ¥ 571   ¥ 3,364,191   ¥ 2,375   ¥ (56,824)   ¥ (3,120,958)   ¥ (8,213)   ¥ (6,248)   ¥ 179,788 $ 26,062
Balance (in Shares) at Mar. 31, 2026 | shares   4,298,128   81,486 500,000                              
[1] The Company used a modified retrospective approach to adopt ASC Topic 326, and the cumulative-effect to retained earnings was RMB2.8 million
[2] The Company approved a 160-for-1 reverse share split on June 26, 2025, and any fractional shares resulting from the split were rounded up to the nearest whole share.