????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???,?????“????????+????????”?????