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