Darrell -
I'm going to jump in here. The US listing allows DOLV/newco to raise funds in US capital markets. It also affords US people (us) the opportunity to speculate or invest in the future of DOLV/newco.
There is no need for DOLV/newco to have any operations in the US. I certainly don't ever expect any.
This is not unique to DOLV or to China. For example, I could buy shares in Anglo-American Gold if I wanted to. As far as I know, their operations are exclusively in South Africa - they do nothing here in the US. There are any number of Canadian and Australian mining companies that I can also buy here but which also have no US operations. There are any number of other examples, involving many different countries.
There is no reason whatsoever to expect US operations for DOLV/newco.