????????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?????

  “????+????????”?????????? ?????????

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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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