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

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