Jian Huang
About Jian Huang
- Co-Chief Executive Officer (appointed June 23, 2025) and Director of Enlightify Inc. (ENFY); background as an experienced blockchain/digital-asset investor and founder of ChainVC; EMBA, Guanghua School of Management, Peking University .
- Age 36; Director since 2021; currently a non-independent director (Board independence list does not include him) .
- Board met 8 times in FY2024; each incumbent director attended at least 75% of meetings (applies to all incumbents, including Huang) .
- Current board leadership: CEO also serves as Chairman (Zhuoyu Li), with a Lead Independent Director to counterbalance; all committees comprised entirely of independent directors .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Enlightify Inc. | Executive Vice President (prior to Co-CEO) | To Jun 2025 (start not disclosed) | Elevated to Co-CEO to lead expansion into blockchain and cryptocurrency sectors . |
| Enlightify Inc. | Director | 2021–Present | Board oversight of strategy and governance for ENFY . |
External Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| ChainVC (digital asset fund) | Founder | Not disclosed | Invested in a series of blockchain companies and digital asset funds including BitFund; deep domain expertise in blockchain/crypto . |
Fixed Compensation
- Jian Huang was not a Named Executive Officer (NEO) in FY2024; the Summary Compensation Table covers only CEO Zhuoyu Li and CFO Yongcheng Yang .
- FY2024 director compensation for Jian Huang (cash only): $300,000; no stock or option awards were reported for him as a director in FY2024 .
| Fiscal Year | Role | Fees Earned or Paid in Cash ($) | Stock awards ($) | Option awards ($) |
|---|---|---|---|---|
| FY2024 | Director | 300,000 | — | — |
Performance Compensation
- No performance-linked director compensation (RSUs/PSUs/options) was disclosed for Jian Huang in FY2024; the director compensation table shows $0 in stock and option awards for him .
- The proxy discloses no grants of plan-based awards to NEOs in FY2024 and no outstanding equity awards at FYE for NEOs; while not specific to Huang, it indicates a light equity grant cadence across senior leadership for that year .
Equity Ownership & Alignment
| Data point | Value |
|---|---|
| Total beneficial ownership | 1,314,286 common shares . |
| Ownership as % of outstanding | 8.15% (16,116,914 shares outstanding as of Apr 29, 2025) . |
| Ownership vehicle | Held by Mr. Huang and his mother as sole trustees for Golden Peak Trust . |
| Vested vs. unvested | Not disclosed in proxy for Jian Huang . |
| Options (exercisable/unexercisable) | None disclosed for Jian Huang . |
| Pledging/hedging | Beneficial ownership footnotes do not mention any pledging by Jian Huang; the Company’s Insider Trading Policy prohibits hedging and derivative transactions (e.g., puts, calls, short sales) . |
| Stock ownership guidelines | Not disclosed in proxy . |
Employment Terms
- Appointed Co-Chief Executive Officer effective June 23, 2025; continues under existing employment agreement with no changes; no new compensatory or severance arrangements entered at that time .
- Change-in-control: under the Company’s plan documents, unvested portions of awards generally vest immediately on a change in control unless otherwise set forth in applicable agreements; committee may continue/assume awards or purchase awards for cash per plan terms .
- Insider Trading Compliance Policy: prohibits trading while in possession of MNPI and engaging in hedging transactions (including puts, calls, short sales); applies to directors and officers .
- Retirement benefits and deferred compensation programs are not provided per company disclosures (context from executive comp policies; not specific to Jian) .
Board Service & Governance
| Attribute | Detail |
|---|---|
| Board service | Director since 2021 . |
| Committee roles | None disclosed for Jian Huang; audit/compensation/nominating roles are disclosed for other directors . |
| Independence status | Not listed among independent directors (non-independent) . |
| Attendance | Each incumbent met ≥75% attendance in FY2024, including directors as a group . |
| Dual-role implications | Executive officer (Co-CEO) and Director; Board mitigants include Lead Independent Director and fully independent committees; CEO is also Chairman (concentration at top) . |
Related Party Transactions and Legal/Compliance
- Related party transactions disclosed involve the CEO (loans/office lease) and not Jian Huang; no Jian-specific related party transactions are reported in the proxy .
- The company reports no involvement of its directors or executive officers (including Jian Huang) in certain legal proceedings during the last 10 years, per Item 401(f) representation .
- Section 16(a) reporting compliance: directors and officers complied during the year ended June 30, 2023 (company’s belief based on review) .
Compensation Structure Analysis
- Director pay mix: 100% cash for Jian Huang in FY2024; no equity awards disclosed for him as a director (limits incremental long-term incentive from fresh grants but note he holds an 8.15% beneficial stake) .
- Equity plan capacity expanding: Board seeking to increase shares available under the 2023 Equity Incentive Plan from 2.7M to 5.7M due to full utilization; potential for future grants across employees/directors .
- Peer benchmarking: Compensation Committee references peers with revenues from half to double the Company for benchmarking; specifics and target percentile not disclosed .
Say-on-Pay & Shareholder Feedback
- No say-on-pay results or shareholder engagement outcomes are disclosed in the provided proxy sections .
Expertise & Qualifications
- Experienced blockchain/digital asset investor; founder of ChainVC; EMBA (Peking University, Guanghua School of Management) .
- Elevated to Co-CEO specifically to lead blockchain and cryptocurrency expansion initiatives .
Investment Implications
- Alignment: Substantial ownership (8.15%) directly aligns Huang with shareholder value creation and reduces reliance on annual equity award cadence for alignment .
- Near-term selling/vesting overhang: No FY2024 equity awards or options disclosed for Huang as a director, limiting scheduled vesting-related selling pressure; footnotes do not indicate pledging for Huang .
- Governance: Dual executive/director role and CEO-Chairman combination heighten oversight risk; mitigated by a Lead Independent Director and fully independent key committees; monitor whether Co-CEO structure affects accountability and clarity of strategic execution .
- Strategic catalyst: As Co-CEO leading blockchain/crypto expansion, Huang’s domain expertise could influence capital allocation and deal flow; investors should track subsequent 8-Ks and equity plan grants given the requested expansion of plan capacity .