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?????????????????,??“?????????????????????????+??????????”???????????????
???????????????:??
?????29+7+5!???:??????
?????????????????????
????????????????60???
????????????!????????
??????????????????
?????????40???????1-0??
9?5???1??!????!???????
????????????:?????????
???????:???????????????????
??????????27??????????
?????????????7???13???
??????????:???????????
??????????????????????
????????????39?????????
??????K1?????????????
??:?????????????
??????????????5?“???”
????????????????????
????:????????????????
????!??21?6??7000???????
??????????????5?“???”
????:????????????????
????????????!????????
?????????????????????
??????????????????