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??????????

???“???????????????+?????”??????,????????????????;????????,??,????,??????????????????

???? ??????????“????+???????”??????

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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