WALNUT CAP: Controlling shareholder Meng Pinwen and Kulong sign a gift deed
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WALNUT CAP announced that its controlling shareholder Meng Pinwen signed a gift deed with Kulang Holdings Limited, transferring 10 million CoinUp tokens to Kulang. The gift is irrevocable and unconditional, and Kulang has no repayment obligation. CP tokens are primarily used on the CoinUp trading platform, and the group plans to use them as reserves, with the possibility of cashing them out in the future, and will not recognize any income, treating them as intangible assets
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