??2024????292.3???:? “????????+?”????????

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??????????

  “???????+?????”???? ?????????

???????

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

?????:????????????