Not too sure what you actually have there.
Please see photo of temp sender I have just photographed on my TCS.
Can you post further pictures of DR699? What is the white affair on the top? Some kind of electrical connector? ( It looks like a pressure sender to me

)
I honestly don't understand why someone would want 2 senders at this location - as 4129R points out the switch (otter switch for the electric fan) is mounted into the side of the radiator.
What ever they do or are supposed to do, be careful with that copious use of PTF tape on those threads, those senders have to earth to the chassis.