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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