LTTC(000726.SZ)

CLO Secures Final Victory in Software Copyright Infringement Case Against Style3D; Court Recognizes Large-Scale Commercial Piracy

CLO Virtual Fashion has secured a final judgment from the Zhejiang Provincial High People's Court in a copyright infringement case against Zhejiang Lingdi Digital Technology (Style3D). The court found Linctex guilty of willful infringement by using cracked versions of CLO's software for commercial purposes. This ruling emphasizes China's commitment to intellectual property protection and sets a benchmark for fair competition. Linctex must cease infringing activities and compensate CLO, which aims to strengthen the digital fashion ecosystem in China.

Shares of fashion retailers are trading lower. The U.S. Supreme Court delayed a key ruling on apparel import tariffs, leaving companies exposed to potential duties.

US Retail Sales Rise, Wholesale Inflation Ticks Up

US November retail sales rose by more than forecast with gains seen in sporting goods, hobby stores and clothing outlets. Wholesale inflation picked up slightly in November with the producer price index rising 0.2%. Michael McKee reports.Bloomberg videos, provided by MT Newswires

US Stock Movement Update: Wheels Up Experience up 24%, Lulus Fashion Lounge down 13%

Overview of the US Stock Market In the past hour, the US stock market has shown a clear divergence pattern. The airline and energy sectors performed well, with Wheels Up Experience and Eni Spa-Sponsored rising 24.13% and 15.29% respectively, leading the market upward. On the other hand, the consumer and technology sectors faced downward pressure, with individual stocks like Lulus Fashion Lounge and Baidu experiencing significant declines. The flow of funds indicates a preference for traditional industries, while tech stocks are facing some selling pressure, and market sentiment appears slightly cautious. The most active stock in the past hour, Wheels Up Experience, became the market focus with a 24.13% increase. The stock attracted a large influx of funds in a short period, driving the price up rapidly, reflecting investors' optimistic expectations for the recovery of the airline industry. Strong stocks: 1. Eni Spa-Sponsored: up 15.29%, benefiting from rising oil prices, with significant fund inflow. 2. Toyota Motor: up 3.28%, performing outstandingly in the automotive sector, with optimistic market expectations for its future growth. Weak stocks: 1. Lulus Fashion Lounge: down 13.91%, with the consumer sector overall under pressure and noticeable short-term fund outflows. 2. Fat Brands: down 13.08%, with market doubts about its profitability, putting pressure on the stock price. 3. Baidu: down 4.09%, with tech stocks generally weakening and risk-averse sentiment among investors rising

LTTC released its performance for the first three quarters, with a net profit attributable to the parent company of 503 million yuan, an increase of 74.63%

According to the Zhitong Finance APP, LTTC released its third-quarter report for 2025. The company's operating revenue for the first three quarters was 4.3 billion yuan, a year-on-year decrease of 2.30%. The net profit attributable to shareholders of the listed company was 503 million yuan, a year-on-year increase of 74.63%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 322 million yuan, a year-on-year decrease of 8.21%. The basic earnings per share were 0.62 yuan