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