v3.26.1
OTHER PAYABLES AND ACCRUED LIABILITIES
12 Months Ended
Mar. 31, 2026
Payables and Accruals [Abstract]  
OTHER PAYABLES AND ACCRUED LIABILITIES

NOTE 9 — OTHER PAYABLES AND ACCRUED LIABILITIES

 

   2025   2026 
   As of March 31, 
   2025   2026 
   RMB   RMB 
Advance from customers   45,411    34,709 
Accrued payroll   11,065    9,536 
VAT payable   3,490    3,239 
Accrued Liabilities   -    2,632 
Other payables   29,384    23,694 
Total   89,350    73,810 

 

Advance from customers mainly represents advance consideration of RMB34.7 million received from a customer for goods that had not yet been delivered as of March 31, 2026. The related performance obligation remained unsatisfied at year-end, and the balance will be recognized as revenue upon transfer of control of the goods.