Intangible Assets, Net

12 Months Ended

Mar. 31, 2025

Intangible Assets, Net [Abstract]

Intangible assets, net

9. Intangible assets, net

Intangible assets of the Company were mainly as follows:

	As of March 31,			As of March 31,
	2024			2025
	RMB			RMB
Cost:
Trademark		474			482
License		3,530			3,530
Dealership		31,717			31,717
Total cost		35,721			35,729
Less: Accumulated amortization		(17,811	)		(21,058	)
Intangible assets, net		17,910			14,671

License and dealership resulting from the business combinations completed during the year ended March 31,2021 have been allocated to the single reporting unit of the Company. The total carrying amount of intangible assets resulting from the business combinations were RMB 17.9 million and RMB 14.7 million as of March 31, 2024 and 2025, respectively.

The total amortization expenses of the intangible assets charged to the consolidated statements of operations and comprehensive loss amounted to approximately RMB4.0 million, RMB3.7 million and RMB3.2 million for the years ended March 31, 2023, 2024 and 2025, respectively.

The annual estimated amortization expense for intangible assets subject to amortization for the succeeding five years is as follows:

	As of March 31,
	2026		2027		2028		2029		2030
Amortization expenses		3,212		3,209		3,194		3,179		1,857