Davis Polk advised a group of six shareholders of NVC Lighting Holding Limited, a company listed on the Main Board of the Hong Kong Stock Exchange (NVC), comprising SB Asia Investment Fund II L.P., GS Direct, L.L.C., NVC Inc. (a company which is beneficially owned by the chairman and founder of NVC), Signkey Group Limited, Mr. Andrew Y. Yan and Mr. Ho-Ping Lin (Mr. Yan and Mr. Lin being both directors of NVC) in their disposal of an aggregate of 288,371,000 shares in NVC for an aggregate consideration of US$163 million to Schneider Electric Asia Pacific Limited, a strategic investor whose affiliate also entered into a strategic cooperation agreement of sales network with NVC as part of the overall transaction.

NVC is a leading provider of energy-saving and other lighting products in China with a strong domestic lighting brand. It manufactures and distributes high-quality light fixtures and light sources throughout China, with an emphasis on energy-saving products. 

The Davis Polk team included partner Paul Chow and associates Peter Cheng, Wilson Chan and Lulu Lin. All members of the Davis Polk team are based in the Hong Kong office.