Missing Edits in Catalog export

Hi - I'm in the process of splitting one large catalog into two, basically personal and professional.  There are a few personal reasons that this makes the most sense for me.

To create the new catalog I followed these steps:

• Created a Collection since the photos were in different folders
• Created a virtual copy of  1 photo with dramatic/obvious edits so I could easily confirm edits tranferred
• Clicked on the Collection and chose Export this Collection as a Catalog
• Gave the new Collection the name Test Catalog
• Unchecked Export negative files so the files didn't move (I want the files to remain on the current location on my Synology NAS).      See snip below
• Selected Export Catalog

Once the Export was complete I opened the Test Catalog and went to the virtual photo I had edited and there were no edits, it looked like the original.  The other photos all have their Develop Settings at neutral indicating no edits.

My questions are:

1. Did the edits for the virtual copy not export because it was a virtual copy?
2. Why aren't the Develop settings for the other photos that I had edited showing the edits and not neutral when I open the photo in the Develop module?

I'm using an iMac with MacOS Ventura and LrC v12.01.

Thanks.

Mike