????:1?????????:???????

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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?????????????????????”

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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????? ?????????

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