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

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????,?????????“????+???”??????????