im sure i have edited converted using VS player, but it was basically crap to use, no investment by hikvision...
how often does an end user in a professional CCTV control room have to edit / convert videos into another format, thats DVD , Gmail, facebook, media player friendly at work. that will play on basically anything ...i suspect not a often.
Hikvision is a professional level kit, so why would it invest in software development and maintenance that probably isn't used all that often, and there is no ongoing payback for them?
Anyway i just get my cctv clips using a browser facility off my hikvision NVR, and just re-render them in handbrake, no need to download long clips and start editing, takes no time at all , then i can the render them to any format i want, facebook, Gmail etc
I generally don't bother with DVD /USB anymore, and just send out footage to the police via whatsapp and only burn to disc/USB if its actually wanted for a prosecution, then the Police supply a USB, and arrange to pick it up