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