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