– Publishes Media Monitoring Report on Judicial Keywords in China –

BEIJING, March 23, 2018 /PRNewswire/ — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence (“AI”) solutions in China, today announced that it co-organized the judicial session of Tsinghua University’s RONG Series Big Data Forum which took place on March 23, 2018 in Beijing. Scholars, government officials, judges, prosecutors and other professionals from across the technology and legal fields gathered at the judicial session to discuss the application of AI and big data across China’s judicial system.

The RONG Series Big Data Forum was launched by the School of Data Science Research at Tsinghua University to facilitate communication and cooperation between the Chinese government, academia, and enterprises in promoting the application of big data across various fields.

Concurrently Gridsum, together with Peking University Law School, jointly published the fourth Annual Media Monitoring Report on Judicial Keywords in China in 2017. According to the report “judicial reform”, “work report of the Supreme People’s Court” and “law enforcement” were the three most used keywords by the Chinese media when discussing China’s judicial transition from 2015 to 2017. “Smart Court” ranked as the fifth most used keyword in 2017.

Mr. Guosheng Qi, Chief Executive Officer of Gridsum, commented, “We are proud to have co-organized the judicial forum at Tsinghua University’s RONG Series Big Data Forum. We are proud to continue being thought leaders in this important space. We also released the fourth Annual Media Monitoring Report on Judicial Keywords in China together with Peking University Law School. We are very active in strengthening our working relationships with each of these institutions to facilitate greater interaction between all parties and to leverage our deep experience in big data analysis and AI capabilities to support China’s judicial system. Especially its transformational ‘Smart Court’ initiative. The most used judicial keywords by the Chinese press further underlines how important this initiative is, how closely people follow it, and how it will greatly benefit everyone involved. We will continue to devote resources towards developing new products and services within our Legal Solutions Suite that will advance China’s judicial transformation.”   

About Gridsum

Gridsum Holding Inc. (NASDAQ: GSUM) is a leading provider of cloud-based big-data analytics and AI solutions for multinational and domestic enterprises and government agencies in China. Gridsum’s core technology, the Gridsum Big Data Platform, is built on a distributed computing framework and performs real-time multi-dimensional correlation analysis of both structured and unstructured data. This enables Gridsum’s customers to identify complex relationships within their data and gain new insights that help them make better business decisions. The Company is named “Gridsum” to symbolize the combination of distributed computing (Grid) and analytics (sum). As a digital intelligence pioneer, the Company’s mission is to help enterprises and government organizations in China use data in new and powerful ways to make better informed decisions and be more productive.

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “may,” “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Among other things, quotations from management in this announcement as well as Gridsum’s strategic and operational plans contain forward-looking statements. Gridsum may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Gridsum’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: unexpected difficulties in Gridsum’s pursuit of its goals and strategies; the unexpected developments, including slow growth, in the digital intelligence market; reduced demand for, and market acceptance of, Gridsum’s solutions; difficulties keeping and strengthening relationships with customers; potentially costly research and development activities; competitions in the digital intelligence market; PRC governmental policies relating to media, software, big data, the internet, internet content providers and online advertising; and general economic and business conditions in the regions where Gridsum provides solutions and services. Further information regarding these and other risks is included in Gridsum’s reports filed with, or furnished to, the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Gridsum undertakes no duty to update such information except as required under applicable law.

For more information, please visit http://www.gridsum.com/.

Investor Relations

Gridsum 
ir@gridsum.com

Christensen
In China 
Mr. Christian Arnell 
Phone: +86-10-5900-1548 
Email: carnell@christensenir.com 

In U.S. 
Mr. Tip Fleming 
Phone: +1 917 412 3333 
Email: tfleming@christensenir.com

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SOURCE Gridsum Holding Inc.