According to Snowball official website's inquiry, spherical cap cable is a typical representative of China's low-end manufacturing industry. Through the analysis of this enterprise, we can see the difficulties of low-end manufacturing in China. Ningbo Qiu Guan Cable Co., Ltd. is located in Beilun, Ningbo, on the beautiful coast of China East Sea. Founded in 2006, with a registered capital of10.20 billion yuan, the company is a listed company in the innovation layer of the New Third Board.