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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