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