??
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?:???????? “????+?”???????????????