v3.26.1
Deconsolidation of Ruisha Technology (Tables)
12 Months Ended
Mar. 31, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule Of Deconsolidation Of Subsidiary

The following table sets forth details of the condensed balance sheet of Ruisha Technology, which was deconsolidated on August 31, 2025:

 

 

As of August 31, 2025

 

 

 

RMB

 

Cash and cash equivalents

 

 

6,337

 

Prepayments, receivables and other current assets

 

 

8,882

 

Amounts due from related parties

 

 

407

 

Property and equipment, net

 

 

154

 

Salaries and welfare payable

 

 

(218

)

Taxes payable

 

 

(436

)

Amounts due to related parties

 

 

(733

)

Accruals and other current liabilities

 

 

(6,259

)

Non-controlling interests

 

 

(29,424

)

Carrying net liabilities of Ruisha Technology at deconsolidation

 

 

(21,290

)

 

 

 

 

Fair value of 48.2% Ruisha Technology after deconsolidation

 

 

12,679

 

Fair value of consideration received

 

 

2,940

 

Aggregate of consideration received and fair value of continuing investment

 

 

15,619

 

 

 

 

 

Gain on deconsolidation of Ruisha Technology

 

 

36,909