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Gridsum Awarded as Beijing Enterprise Technology Center

Gridsum CEO comments, "I am deeply honored that Gridsum has been recognized as a Technology Center."

BEIJING, CHINA / / / June 21, 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 has been awarded as a Beijing Enterprise Technology Center (the “Technology Center”) by the Beijing Municipal Commission of Economy and Information Technology (the “Commission”). The Commission is a municipal government department that is responsible for promoting the digitalization and development of Beijing’s software and information service industries.

To facilitate the nation’s “Made in China 2025” initiatives, Beijing Enterprise Technology Centers will become the innovation benchmark in key developing areas throughout the city by promoting innovative and world-leading technology developments and industrial upgrades.

The award selection was based on a strict evaluation, by the Commission, which assessed an enterprise’s comprehensive strengths, technological innovation systems, operational processes, the fundamental conditions of a technology center, and any activities or achievements completed by the center.

Mr. Guosheng Qi, Chief Executive Officer of Gridsum, commented, “I am deeply honored that Gridsum has been recognized as a Technology Center which, once again, demonstrates our leading R&D capabilities and achievements in the cloud computing, enterprise AI and big data industry. Gridsum always drives forward according to the principle of combining global best-of-breed ‘scientific and technological innovation’ with ‘intellectual property protection,’ and will continue to focus on new R&D innovations and technological transformations.”