High-voltage direct-current (HVDC) transmission systems are considered an outstanding solution due to high electrical losses emerging from long-distance transmission. However, HVDC transmission lines (TLs) are vulnerable to lightning strikes. In this work, the Yunnan-Guizhou 500 kV HVDC transmission system is used as a case study to evaluate the impact of lightning strikes on DC-TL overvoltages, as no research studies have been conducted to assess the lightning transient behavior of DC-TLs. A comprehensive investigation of the 500 kV DC-TL transient performance during lightning strikes is performed, taking into account different technical aspects that have not been studied in detail by previous researchers. Additionally, analysis of the back-flashover phenomenon has not been conducted well in previous work, and results on the effect of changing the lightning strike current peak and tower grounding resistance on shielding-failure flashover are quite limited. The distributed-parameter model is used to represent the DC-TL using the electromagnetic transients program (EMTP), considering real parameters of shielding wires and DC towers to study the lightning impact in the case of back-flashover and shielding-failure phenomena. Lightning strike is applied to the shielding wire, and the impact of increasing the peak value of lightning current is investigated on the back-flashover occurrence. Moreover, the influence of tower grounding resistance variation on the transient overvoltages across the tower body and back-flashover phenomenon is evaluated. From the simulation results, increasing the lightning current peak and grounding resistance results in higher overvoltages across the tower body, which increases the probability of back-flashover. Additionally, the shielding failure of the TL is assumed, and the variation impact of the lightning current peak and grounding resistance on shielding-failure flashover is investigated. The results show that the impact of the lightning current peak has a more significant impact than the grounding resistance in the case of shielding-failure flashover.