????:1????????????:??????

2???????

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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???????????????

  “???+?????????”?????????? ????????

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?????????????2024??????????,???????????????????????????????????????????????????????????????????,????????????????12???????????????

???,??,??????????????????????«?????????????????»??????,???????2024??????“???”???????14????????????«??????»??????????,???????????“????????”?????????,«??»?????;«????????????????????»«???????????????»????,??9500????????????9000?

???????????????,??????«???????????????????????????»???????????????????«??????????:???????????????»????????????????????????«???????????»????????????,?????????«??????????????????»??????«?????????2024»????,?????IP?????????????,???????????????,?«????????3D»????????????,????????IP«????????????????????»«???????????????????»??????????

???,???,????????????????????,?????????????????????????????App????????,??????????????,?,????????????????????95%???,???????????????2024????????????????12??????????,?????????????????,?????,?????

???????????????????«??»?????????????????2024????????????????,???«???»?????,??????,?????????????????,2025??

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

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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?????? ???????

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??????,???????????????????????,AI????????????5000?,??????,??????????????????????????????,??????????????,???????“????”????,?????;«????»«??»??????????????????????????,??????,?????IP??????????????????????????????VR??

??,2025?????????????????,???“?+??????????????????????”???

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