<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS INCLUDED IN THE COMPANY'S QUARTERLY REPORT ON FORM 10-QSB FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 1998 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-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> .12048 <CASH> 2,102 <SECURITIES> 0 <RECEIVABLES> 79,638 <ALLOWANCES> 0 <INVENTORY> 66,722 <CURRENT-ASSETS> 184,762 <PP&E> 166,605 <DEPRECIATION> 37,840 <TOTAL-ASSETS> 375,838 <CURRENT-LIABILITIES> 195,957 <BONDS> 8,255 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 49 <OTHER-SE> 122,439 <TOTAL-LIABILITY-AND-EQUITY> 375,838 <SALES> 96,613 <TOTAL-REVENUES> 96,613 <CGS> 76,326 <TOTAL-COSTS> 76,326 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 29,070 <INTEREST-EXPENSE> 7,260 <INCOME-PRETAX> (28,293) <INCOME-TAX> 0 <INCOME-CONTINUING> (29,463) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (29,463) <EPS-PRIMARY> (5.03) <EPS-DILUTED> (5.03)