???

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

2025-02-19 10:02:29 16106

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?,????“???????+??”???????????

?????:???


?????????????:????


??????

???????