BEIJING, July 23, 2018 - 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 participated in the Belt and Road Law Reform and Cooperation Conference jointly organized by Stanford Law School and the Central University of Finance and Economics held in Shenzhen, Guangdong Province, on July 6, 2018. Gridsum was the only big data and AI company in attendance.
The conference focused on creating solutions to increase legal cooperation and transformation across the Guangdong-Hong Kong-Macao Bay Area Development as part of the Belt and Road Initiative. Scholars and professionals from across the legal field were in attendance, including government officials, judges and prosecutors from the Supreme People's Court, Guangzhou Intellectual Property Court, Shenzhen Intermediate People's Court, Dongguan Second People's Court, and Shenzhen Public Security Bureau.
Mr. Guosheng Qi, Chief Executive Officer of Gridsum, commented, "We are honored to be the only big data and AI company in attendance. We believe our deep experience in supporting the transformation of China's judicial system by leveraging our big data and AI capabilities provided unique and valuable insights to everyone in attendance. We will continue to work with respected professionals and organizations across the Chinese legal industry to further promote our Legal Solutions Suite and advance China's judicial transformation."
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," 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. Forward-looking statements involve inherent risks and uncertainties. Many 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; unexpected difficulties and potential delays in filing annual or other reports with the SEC; 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. 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.
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Inquiry and contact information
Mr. Christian Arnell
Gridsum Holding Inc.