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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