???

????2024???292.3?:? “????????+??”????????

2025-02-19 05:12:34 12709

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

???????????:???????????????????


???:??????????????????


??????

???????