Long-Term Investments (Tables)

12 Months Ended

Mar. 31, 2024

Schedule of Long-Term Investment [Abstract]

Schedule of Long-Term Investment

The Company’s long-term investments consist of the following:

	As of March 31,		As of March 31,
	2023		2024
	RMB		RMB
Equity method investments		7,494		7,383
Available-for-sale investments		68,011		58,465
Equity securities with readily determinable fair values		102		39
Total		75,607		65,887

Schedule of Available-For-Sale Debt Investments

The following table summarizes the Company’s available-for-sale debt investments as of March 31, 2023:

	Cost		Gross unrealized gains		Gross unrealized losses			Disposal of Long-term investments			Fair value
Unlisted debt securities		76,000		-		(7,561	)		(428	)		68,011

The following table summarizes the Company’s available-for-sale debt investments as of March 31, 2024:

	Cost		Gross unrealized gains		Gross unrealized losses			Disposal of Long-term investments			Fair value
Unlisted debt securities		76,000		-		(11,535	)		(6,000	)		58,465

Schedule of Equity Securities With Readily Determinable Fair Values

The following table summarizes the Company’s equity securities with readily determinable fair values as of March 31, 2023:

	Cost		Gross unrealized gains		Gross unrealized losses			Fair value
Listed company		1,292		-		(1,190	)		102

The following table summarizes the Company’s equity securities with readily determinable fair values as of March 31, 2024:

	Cost		Gross unrealized gains		Gross unrealized losses			Fair value
Listed company		1,292		-		(1,253	)		39