<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNDAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS INCLUDED IN THE COMPANY'S
QUARTERLY REPORT ON FORM 10-QSB FOR THE THREE MONTHS ENDED SEPTEMBER 30, 1997,
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> CHINESE RENMINBI
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<EXCHANGE-RATE>                                 .12048
<CASH>                                           4,616
<SECURITIES>                                         0
<RECEIVABLES>                                   73,532
<ALLOWANCES>                                         0
<INVENTORY>                                     44,272
<CURRENT-ASSETS>                               265,787
<PP&E>                                         132,902
<DEPRECIATION>                                  29,125
<TOTAL-ASSETS>                                 475,915
<CURRENT-LIABILITIES>                          269,647
<BONDS>                                          2,597
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            49
<OTHER-SE>                                     156,478
<TOTAL-LIABILITY-AND-EQUITY>                   475,915
<SALES>                                        140,378
<TOTAL-REVENUES>                               140,378
<CGS>                                          108,623
<TOTAL-COSTS>                                  108,623
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              11,365
<INCOME-PRETAX>                                 10,322
<INCOME-TAX>                                       871
<INCOME-CONTINUING>                             10,333
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    10,333
<EPS-PRIMARY>                                     1.75
<EPS-DILUTED>                                        0