Lei Mi, Founding Partner of Xi'an Casstar; Ph.D. of Optical Science, Xi'an Institute of Optics and Precision Mechanics of CAS; Executive Director of Shaanxi Institute of Advanced OEIC Technologies; .Devoted himself to industrialization of scientific and technological achievements, Dr. Mi brought forward the concept of “Key & Core Technology”, initiated the Key & Core Technology Innovation Alliance and pointed out that “Tech entrepreneurship will be the main direction of China’s development in the next three decades”. With the aim of driving the regional economic development and creating the tech-startup ecosystem, Dr. Mi has launched the first Angel fund and incubation platform that targeted at the field of Key & Core Technology in China. By the end of April 2023, the fund of CASSTAR has reached a scale of 7.8 billion yuan and has invested more than 410 “Key & Core Technology” enterprises.