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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