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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