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