?? ????2024????????292.3?:??? “?+??”????????
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????:1????????:??????????
2??????????
3???100????
4???????
5?????
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%?
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?????????????????????????????:“2024??????????????11????????????????,?????????,?????????????????????????,??????,???????????,??,????????????????2024?????”
“????,??????????,??,??????????????????????,???????”????,“???????,??????”
??????????????:“?????????????????????????2025????,?????????????????????”
11??,???,«??????????????»«????»?????????,????,???????????????
“2024???,??,??2025??????????????”????????????????,????,?????????2025?????
“??????+?????????????????”?????????????????? ???????????
??
??????????????????2024??????,?????????????????????????????????????????????????,??????????????12??????????
??,??????????????????,????????«????»??,??2024?????“????”??14?????????????????«??????????»?????????????????,??????????????????????????????“??????????????”??????????,«????????»???????????????;«?????»«????????»??????????????,?9500???9000?
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???????????????????????????,???«????»????????????????????«????:?????????»???????????????????????????«?????????»?????????????????,???«???????????????»????«????????????2024»???????????????????????????,??????????????????????IP??????????????????????????????,????,?«??????????3D»??,?????????IP«??????????????»«??????»??????????
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????,????,???????????????????,????????????App????,??????????,???,????????95%??????????????????????,????2024???12????,???????????????,?,???????????
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?????«?????»???????????????????2024?????,?????????????????«?????????»?????????,????,?????????????????,2025??
????????“????????+????”???????????,??;????,??????????,??????????,??????
?? ???????“????+????”?????
2024???????,???41.0????????11????,????????????????????,????????????????????????,??????5???????????????????????????,??????????????,????,?????????????,??,??,???????????????????????????,???????,?????VIP????
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???????????????????????,???????????????????????????30%??,????,???????50%?2025????????????,?????????????????????,????????,2025???????????
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???????,???????????????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???
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?????????,2025?????????????,??????????“?????????????????????+?”???
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