????:1???????:???????????

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4???93????

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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?????”

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???????:“?????????????????????????2025?????,???”

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“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????????? ??

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