Davis Polk advised the dealer manager in connection with a cash tender offer by China High Speed Transmission Equipment Group Co., Ltd. for any and all of its outstanding CNY650,000,000 (US$101,298,000) 8.30% bonds due 2017.

China High Speed Transmission Equipment Group Co., Ltd., listed on the Stock Exchange of Hong Kong Limited, is one of the leading mechanical transmission equipment producers in the PRC with a history dating back to 1969. It is principally engaged in the research, design, development, manufacture and distribution of a broad range of mechanical transmission equipment that is used in a wide range of industrial applications, including wind power generation, marine vessels, diesel engines, computer numerical controlled machine tools, high speed locomotives and metros and urban light rail trains.

The Davis Polk corporate team included partner William F. Barron, counsel Gerhard Radtke and associates Han (Annie) Shen, Bo Huang and Sam Huang. Members of the Davis Polk team are based in the Hong Kong and Beijing offices.