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

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

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

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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