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

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