Well, keep in mind that DaZheng Longding has it's own PRIVATE shareholders and i'd imagine they RS'd partly so they could free up enough shares to issue to these holders on a PRO RATA basis in some type of ratio based formula.
I seriously cant see another reason, other than to get the PPS up over $1/share
But if that was the case, they should have had a higher RS ratio than 1:200
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