??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????,??“????+????????”???????????