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

????:1???????:??????
2???????
3???????????
4?qq?????????
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%?

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