<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED UNAUDITED FINANCIAL STATEMENTS INCLUDED IN THE COMPANY'S QUARTERLY REPORT ON FORM 10-QSB FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1998, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <CURRENCY> CHINESE RENMINBI <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <EXCHANGE-RATE> .12048 <CASH> 3,875 <SECURITIES> 0 <RECEIVABLES> 91,430 <ALLOWANCES> 0 <INVENTORY> 12,760 <CURRENT-ASSETS> 203,597 <PP&E> 164,452 <DEPRECIATION> 36,037 <TOTAL-ASSETS> 395,259 <CURRENT-LIABILITIES> 186,377 <BONDS> 8,255 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 49 <OTHER-SE> 152,331 <TOTAL-LIABILITY-AND-EQUITY> 395,259 <SALES> 67,881 <TOTAL-REVENUES> 67,881 <CGS> 51,484 <TOTAL-COSTS> 51,484 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 2,000 <INTEREST-EXPENSE> 4,707 <INCOME-PRETAX> 1,243 <INCOME-TAX> 523 <INCOME-CONTINUING> 441 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 441 <EPS-PRIMARY> .08 <EPS-DILUTED> .08