Long-Term Investments (Tables)

12 Months Ended

Mar. 31, 2025

Long-Term Investments [Abstract]

Schedule of Long-Term Investment

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

	As of March 31,		As of March 31,
	2024		2025
	RMB		RMB
Equity method investments		7,383		5,350
Available-for-sale investments		58,465		59,624
Equity securities with readily determinable fair values		39		12
Total		65,887		64,986

Schedule of Available-For-Sale Debt Investments

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

	Cost		Gross unrealized gains		Gross unrealized losses			Disposal of Long-term investments			Fair value
Unlisted debt securities		75,572		-		(11,107	)		(6,000	)		58,465

The following table summarizes the Company’s available-for-sale investments as of March 31, 2025:

	Cost		Gross unrealized gains		Gross unrealized losses			Disposal of Long-term investments		Fair value
Unlisted debt securities		69,572		-		(9,948	)		-		59,624

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, 2024:

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

The following table summarizes the Company’s equity securities with readily determinable fair values as of March 31, 2025:

	Cost		Gross unrealized gains		Gross unrealized losses			Fair value
Listed company		1,292		-		(1,280	)		12