v3.26.1
PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET (Tables)
12 Months Ended
Mar. 31, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET

 

   2025   2026 
   As of March 31, 
   2025   2026 
   RMB   RMB 
Advance to suppliers   467,429    104,496 
Receivables from supply chain service provider   6,042    - 
Other receivables   25,781    65,748 
Less: Allowance for credit losses   (453,717)   (64,217)
Prepaid expenses and other current assets, net   45,535    106,027 
SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET OF ALLOWANCE FOR DOUBTFUL ACCOUNTS

During the year ended March 31, 2026, the allowance for credit losses decreased primarily as a result of the recovery, settlement and/or write-off of certain previously impaired balances together with management’s reassessment of the remaining outstanding balances.

 

    2025     2026  
    RMB     RMB  
Balance at beginning of period     355       453,717  
Disposal of subsidiaries     -       (397,497 )
Additions/(reversal) for the year     453,689       (706 )
Foreign currency translation difference     (327     8,703  
Balance at the end of period     453,717       64,217