2?18?????,???????????(NASDAQ:IQ)??????2024???????????????12???31??????????????????292.3?????,Non-GAAP(????)?23.6????,Non-GAAP??????????????8%,???????????????????????????,?????????????????,??66.1??,Non-GAAP??????????????????????4.1??,Non-GAAP?????????6%?

???????:“2024??????????????11?????????,??????,???????????????,?????????????????,????????????????????????????????????????????????,??,?????2024?????????????”

“????,???,??????????????,?????,?????????”???????,“??????????????,??????????”

????????????????:“???????????????????????2025????,?????”

11?????????,????,«????»«??»???????????,????????????,???????????

“2024????,??????????????,???????2025???”????????,?????????,????2025?????????????

  “??????+??????????”?????? ??

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??????????????????????2024?????????????????,???????????????????????????????????????????????????,??????12???????

????,????????????????????,???????????«?????»????????,????2024???????????????“????????????????”?????????14????????????«????????????????»??,??????????????????????????????“??????????????????”???????????,«?????»?;«??????»«??????????????»????,??9500????????????????9000?

?????????????????????????????????????????????????????,????«??????????????????»?????«??????:???»?????????????«??????????????????»???????????,??«???»???«????2024»?,??IP?????,?????????????????????,??«????????????????????????3D»??,???IP«??????????????»«??»????????????????

????,????????????????,????????????????,???????????????????????????????????App?????????????,?????????????????????????,?,???95%????,??????2024????12???,???????????????????????,?????????????????,????????????

?????????«?»???2024????,?«????»????????????????,?,????,2025??????

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????????????????? ????????????????“???????????????????????????+?????????????”????

2024??????????????????,???41.0?????????????11????????,???????????,???????????,????????????????5???????????????????????????,???????????,???,????,???,????????????,????????????????????,??????????????????????,???????????????VIP????????

????????????????????????????????????????,????????????????????????????30%????????,??,???????????????????50%?2025??????????????????????,??????????????,?????????,2025????????????????

?????????????,????14.3??????????,????7%??????,??????????????????????,??????,??????????,???????????????????“????”??????????40%,???30%?????,????????AI????????,?????????

??,???????????,????????????????4.1?6.7???????????,??Non-GAAP????????????4.1??????,????10%?

????:“?????2025??,?????”

2025???? ???????

????????,2025?????

????????,???????????«??????????»«?????????»«?????????»????????????????????????????,«??»?????IP?«????????????»«????»?«??????????????????»«???»«???????»«????»?????“???????”?????????????«????»«?????»«??????»«??»«???????????»«????»??????????????????????????????,??????????,???IP???????????????????1??????«??????????»??????,??????????8000,?????“???????????N?????????????????”??????IP??????????????????,«????3»«???5»«??2025»????????«????2»???????????????????,???,??????????????????????«????»«??»«??????????»??????????«??3»?????????????????????????????????

????????????,????????????????????????????,AI?5000??,?????,??????????????????????,?????????,??????“????”?????????,????;«??»«????????»???????,?????????????????,??IP?????????????????????????????VR???

???????????????????,2025???????????????,?????“????????????+??”??????????????????

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