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Financial Assets Available for Sale
6 Months Ended
Sep. 30, 2020
Financial Assets Available for Sale [Abstract]  
FINANCIAL ASSETS AVAILABLE FOR SALE

Note 4 – FINANCIAL ASSETS AVAILABLE FOR SALE

 

As of September 30, 2020 and March 31, 2020, financial assets available for sale amounted to $163,818 (RMB 1,114,500) and $157,159 (RMB 1,114,500), respectively. As of September 30, 2020, the fair value of an investment in a limited partner (LP) in a private equity fund (PE fund), which is intended to invest in retail pharmaceutical business, is $75,625 (RMB514,500). Additionally, the Company has invested in Inner Mongolia Songlu Pharmaceutical Co.("Songlu Pharmaceutical"). As of September 30, 2020, the fair value of the investment is $88,193 (RMB600,000), which accounts for 0.5% shares of Songlu Pharmaceutical.