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CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - CONDENSED BALANCE SHEETS (Details) - USD ($)
Mar. 31, 2021
Mar. 31, 2020
ASSETS:    
TOTAL ASSETS $ 31,685,496 $ 80,476,159
LIABILITIES:    
Accrued expenses and other current liabilities 1,142,507 1,149,599
Note payable   20,000,000
TOTAL LIABILITIES 14,413,971 32,375,270
SHAREHOLDERS' EQUITY:    
Ordinary shares ($0.0001 par value, 500,000,000 shares authorized, 50,016,457 and 49,984,223 shares issued, 48,850,574 and 48,818,340 shares outstanding as of March 31, 2021 and 2020, respectively.) 5,002 4,999
Additional paid-in capital 60,615,048 60,559,583
Treasury stock (3,988,370) (3,988,370)
Retained earnings (36,256,612) (1,429,623)
Accumulated other comprehensive loss (3,103,543) (7,045,700)
TOTAL SHAREHOLDERS' EQUITY 17,271,525 48,100,889
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 31,685,496 $ 80,476,159
Ordinary shares, par value (in US dollars per share) $ 0.0001 $ 0.0001
Ordinary shares, shares authorized (in shares) 500,000,000 500,000,000
Ordinary shares, shares issued (in shares) 50,016,457 49,984,223
Ordinary shares, shares outstanding (in shares) 48,850,574 48,818,340
Parent Company | Reportable Legal Entities    
ASSETS:    
Cash $ 1,483,484 $ 1,709,149
Prepayment and other assets 160,450 5,795
Investments in subsidiaries, VIEs and VIEs' subsidiaries 30,793,763 66,588,445
TOTAL ASSETS 32,437,697 68,303,389
LIABILITIES:    
Accrued expenses and other current liabilities 161,882 202,500
Note payable 10,000,000 20,000,000
Due to related party 5,004,290  
TOTAL LIABILITIES 15,166,172 20,202,500
SHAREHOLDERS' EQUITY:    
Ordinary shares ($0.0001 par value, 500,000,000 shares authorized, 50,016,457 and 49,984,223 shares issued, 48,850,574 and 48,818,340 shares outstanding as of March 31, 2021 and 2020, respectively.) 5,002 4,999
Additional paid-in capital 49,330,571 60,559,583
Treasury stock (3,988,370) (3,988,370)
Retained earnings (26,760,239) (1,429,623)
Accumulated other comprehensive loss (1,315,439) (7,045,700)
TOTAL SHAREHOLDERS' EQUITY 17,271,525 48,100,889
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 32,437,697 $ 68,303,389
Ordinary shares, par value (in US dollars per share) $ 0.0001 $ 0.0001
Ordinary shares, shares authorized (in shares) 500,000,000 500,000,000
Ordinary shares, shares issued (in shares) 50,016,457 49,984,223
Ordinary shares, shares outstanding (in shares) 48,850,574 48,818,340