?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???,????“??????+?????”???????

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