Exclusive: Former Alibaba executive Zhu Ye becomes Huobi’s new CTO; all Huobi executives revealed for the first time

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Wu Blockchain exclusively learned that after the original CTO resigned at the end of December 2019, Zhu Ye, a technical executive from Alibaba, joined a few months ago and served as Huobi's new CTO.

On the evening of the 17th, investment institution IOSG disclosed Huobi’s latest high-level structure, in which CTO Roy Zhu ranked third among the company’s executives except for CEO Li Lin.

According to an insider who revealed to Wu Blockchain, Roy Zhu, whose Chinese name is Zhu Ye, has served as CTO and partner at Xiaoheiyu Technology. Before that, he was a partner and senior vice president of Kingsoft Cloud. Before that, he was a senior technical expert at Alibaba, head of Taobao's local life business unit, head of the user product technology center of Youku Business Group, and chairman of Youku Product Technology Committee.

On the evening of December 30, 2019, Cheng Xianfeng, the former CTO of Huobi, announced in his WeChat Moments that he was leaving Huobi and would be replaced temporarily by Chief Security Officer Wu Shupeng. In November, Huobi had a sudden outage, which attracted attention and may have caused Cheng Xianfeng's subsequent departure.

The first CTO of Huobi was Song Ying, the second was Ju Jianhua, the current founder of HBTC, Zhang Jian of FCoin was once the vice president of technology, and then Cheng Xianfeng. Zhu Ye is the latest CTO

It is reported that Zhu Ye's main core achievement since taking office is the new trading engine Thor's Hammer. On July 17, Huobi Global Station's third-generation core trading engine "Thor's Hammer" was released. Huobi said that the carrying capacity of the core trading system and various indicators of key links of the global station have increased by more than 10 times compared with the previous generation system.

Huobi officially stated that according to the exchange system performance data test, as of June 30, based on the measurement of Amazon cloud servers, the average delay (including network) of placing and canceling orders on Huobi Global Station was about 10 milliseconds, and the relevant series of core indicators have reached the industry's top level. Market analysts said that the lower the average delay time for placing and canceling orders, the better the system performance and the better the user trading experience. The trading experience of institutions and high-frequency users is particularly sensitive to delays.

There are some changes in the latest high-level organizational structure disclosed:

The first layer is the well-known Huobi Chairman and CEO Li Lin

The second layer is Huobi Group, which includes Huobi’s veteran COO Zhu Jiawei, Chief Financial Officer Li Shufei from OK, new Chief Technology Officer Zhu Ye, Chief Security Officer Wu Shupeng, Vice President of Global Business Ciara (responsible for overseas business), Vice President Weng Xiaoqi (Seventh Master, responsible for Huobi’s market and exchange business), and Vice President Lan Jianzhong (responsible for contract business).

Compared with the high-level structure compiled by The Block in 2019, Weng Xiaoqi and Lan Jianzhong are suspected to be newcomers to the top level of the group, which may be related to the rapid growth of exchange business and contract business. However, the structure compiled by The Block itself has many inaccuracies. Weng Xiaoqi attended the event as the group's vice president in 2019.

The third layer is the Huobi exchange business that Qi Ye is mainly responsible for, including Lan Jianzhong, head of contracts, Huang He, head of wallets, Cao Fei, head of mining pools, Chen Haiteng, CEO of Huobi Japan, Zhao Guofeng, head of Huobi Korea, Ciara, head of Huobi charity, and Yu Jianing, head of Huobi University.