????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%?
![](http://i2.chinanews.com.cn/simg/cmshd/2025/02/18/acc89345b5ef4bf297062c309cd94d70.jpg)
???????????????????????????:“2024?????????11?,?????????????????,????,?????????????????????????????????,????????????????????,????????????????????,??????????????2024????????????????”
“???????,?????,?????????????????,???,?????????????????”????,“?,??”
???????????????????????????:“??????????????2025???????????????,?????”
11???????,???????????????????,«????»«??????»???????????????,???,????????????????
“2024??,?,???2025????”????,??????,??2025?????
“?+?????????????”???? ??????????
?????????????
??????????????????????2024????,????????????????????????????,?????????????12?????????????
?????,????????????????,??????????????????????????«??????????»????????????,???2024?????????????“??????????????????”??????14?????????????«??»??,?????????????????“????”?????????,«??????»??;«????»«???????»???,???9500???9000?
![](http://i2.chinanews.com.cn/simg/cmshd/2025/02/18/482009732c21457f9ad1779a15b87034.jpg)
???????????????????????????????????,????«??????????????????????»????????????????«??:?????????»???????????????????????«????»?????????????????,??????????«??????????»????«????2024»??????????,????IP???????????,????????????,????«???3D»?????,????IP«????»«???»?????????
![](http://i2.chinanews.com.cn/simg/cmshd/2025/02/18/6916a091da724dc6ba13bd27b8597191.jpg)
??????????,??,?????????????????,???????????App?????,??????????????,??????????????????,?????????95%????????,????????????????2024???12???????????,????????????????????????????????????????,?????????????,??????????
![](http://i2.chinanews.com.cn/simg/cmshd/2025/02/18/e39328ff1f2b414ebfee3757754e98d6.jpg)
?????????«??????»??2024??????,??????«?????????»???????????,??????????,?????????,2025???????????????????
??“??????????????+???????????????????”??,????????;??,????,?????,?????????????
?????????????? ??????????????????“????????????+????”??
2024??,?????????????????41.0???11??????,?????????,?????????????,???????????????????????????????????5??????????,????????????????????????????,????????????,????????????,????,?????????????,???????????,????????,??VIP????????????
![](http://i2.chinanews.com.cn/simg/cmshd/2025/02/18/dc875e5c0bd041c994258118bccda8cc.jpg)
???????????????????????????,????????????????30%???????????????????????,???????,??????????????50%?2025????????????????,????????????????,?????????????,2025????????????????????????????
![](http://i2.chinanews.com.cn/simg/cmshd/2025/02/18/4e630f88772e4d78998535206a52b1ad.jpg)
?,?????????????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???????????????????
![](http://i2.chinanews.com.cn/simg/cmshd/2025/02/18/1783df668bde4130aac33ebe0050a23e.jpg)
???,2025???????????????????,??“??????+???????????????????????????”?????
???????????????:??????
??