Property and Equipment, Net

12 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

11 PROPERTY AND EQUIPMENT, NET

Property and equipment consist of the following:

	As of March 31,
	2022			2023
	RMB			RMB
Building		—			191,743
Leasehold improvements		29,556			29,966
Electronic equipment		13,399			9,846
Furniture and office equipment		5,675			5,577
Vehicles		1,405			1,617
Computer softwares		3,473			3,473
Subtotal		53,508			242,222
Less: accumulated depreciation and amortization		(45,806	)		(47,633	)
Property, equipment and software, net		7,702			194,589

Depreciation and amortization expense recognized for the years ended March 31, 2021, 2022 and 2023 were RMB9,327, RMB5,396 and RMB5,312, respectively. No impairment charges were recorded for the years ended March 31, 2021, 2022 and 2023.