 BEIJING, July 22, 2019 PRNewswire -- Gridsum Holding Inc. Gridsum or Company GSUM, a leading provider of cloud-based big-data analytics and artificial intelligence AI solutions in China, today announced that in response to the non-binding proposal received by the Companys Board of Directors on July 15, 2019 the Proposal from Guosheng Qi, Guofa Yu, their respective affiliated entities, and Beta Dynamic Limited, the Board of Directors of Gridsum has formed a special committee the Special Committee comprised of three independent directors Mr. Dannis Cheuk Yin Lee, Mr. Xudong Gao and Mr. Feng Lu, to evaluate the Proposal and any other alternative transactions. Mr. Lee has been appointed as Chairman of the Special Committee. 