<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS INCLUDED IN THE COMPANY'S
QUARTERLY REPORT ON FORM 10-QSB FOR THE THREE MONTHS ENDED JUNE 30, 1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> CHINESE RENMINBI
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<EXCHANGE-RATE>                                 .12048
<CASH>                                           6,608
<SECURITIES>                                         0
<RECEIVABLES>                                   63,984
<ALLOWANCES>                                         0
<INVENTORY>                                     59,158
<CURRENT-ASSETS>                               245,106
<PP&E>                                         132,838
<DEPRECIATION>                                  26,492
<TOTAL-ASSETS>                                 458,921
<CURRENT-LIABILITIES>                          251,891
<BONDS>                                          7,089
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            48
<OTHER-SE>                                     152,775
<TOTAL-LIABILITY-AND-EQUITY>                   458,921
<SALES>                                         91,193
<TOTAL-REVENUES>                                91,193
<CGS>                                           70,797
<TOTAL-COSTS>                                   70,797
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,274
<INCOME-PRETAX>                                  7,501
<INCOME-TAX>                                     1,175
<INCOME-CONTINUING>                              7,301
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     7,301
<EPS-PRIMARY>                                     1.24
<EPS-DILUTED>                                        0