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

???:???

??

??:???????????,??????????,??????????????