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

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

?????????

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

????????