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?????

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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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