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