????????2024??292.3????:? “?+????????”???

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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??????,????????”

11??????????????,??,«?»«?????»????????????????,???????????????????,???????????

“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???????????? ????

????,2025??????????????

???,???????????????«?????????????»«???????»«??????????????????»??????????,«???????????»??????????????IP??????????«????????????????????????»«??????????????»?«???????»«?????????????????»«??»«????»?????????????????????“???????”???«??????????????»«????»«??????????»«????????????»«??????????»«???????????????»????????????????????????,????,??????????????IP??????????1??«??»?,??8000,????“?????????N??????”????IP???,«????3»«?????????5»«??2025»??????«???????????????????????????2»??????????????,??????????????????,????«??????????????????»«????»«????»??«??3»???????????????????????????????????????????

???????????????,????????????????????,AI?????????5000??????????,????????,???????????,????????????????????,??“????”????,????????????????;«?»«????????»???????????????????,???,????IP?????????VR??????????????????

????????????????????,2025????????,????“????+??????”???

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?????????????2024??292.3????:? “?+????????”????????

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