v3.26.1
LEASES (Tables)
12 Months Ended
Mar. 31, 2026
Leases  
SCHEDULE OF LEASE EXPENSE

The components of the Company’s lease expense are as follows:

 

   RMB   RMB   RMB 
   Year ended March 31, 
   2024   2025   2026 
   RMB   RMB   RMB 
Operating lease cost   3,249    651    1,230 
Short-term lease cost   -    -    - 
Lease cost   3,249    651    1,230 

 

Supplemental cash flow information related to its operating leases was as follows for the year ended March 31, 2024, 2025 and 2026:

 

   2024   2025   2026 
   Year ended March 31, 
   2024   2025   2026 
   RMB   RMB   RMB 
Cash paid for amounts included in the measurement of lease liabilities:               
Operating cash outflow from operating leases   4,151    651    1,230 

The weighted average remaining lease terms and discount rates for all of its operating leases were as follows as of March 31, 2025 and 2026:

 

Remaining lease term and discount rate:  2025   2026 
   As of March 31, 
Remaining lease term and discount rate:  2025   2026 
   RMB   RMB 
Weighted average remaining lease term (years)   2.20    1.30 
Weighted average discount rate   3.45%   3.45%
 
SCHEDULE OF MATURITIES OF LEASE LIABILITIES

Maturities of its lease liabilities for all operating leases are as follows as of March 31, 2026:

 

  

Year Ended March 31,

 
   RMB 
2027   1,164 
2028   288 
Total lease payments   1,452 
Less: Interest   (25)
Present value of lease liabilities   1,427 
Less current portion, record in current liabilities   (1,141)
Lease liabilities – non-current   286 
SCHEDULE OF MINIMUM LEASE PAYMENTS

The future minimum lease payments of the capital lease as of March 31, 2026 were as follows:

 

March 31,  Amount 
2027   78 
2028   78 
2029   65 
Less: unearned discount   (31)
 Total   190 
Less: Current portion lease liability   (60)
Lease liabilities – non-current  $130