A lobster trap, in corporate finance, is an anti-takeover strategy used by target firms. In a lobster trap, the target firm issues a charter that prevents individuals with more than 10% ownership of convertible securities from transferring these securities to voting stock. The term derives from the fact that lobster traps are designed to catch large lobsters but allow small lobsters to escape.
Wuchuan Honhai Fishing rope&net manufacturing co.,Ltd . locates in city of Wuchuan where is known as " hometown of fishing net of China". Our company is one of the leading enterprises of manufacturing and specializing in scomberomorus niphonius fishing net .
manufacture scomberomorous niphonius fishing net (loose and incompact), net cage(fish and shrimp),polyethylene fishing net, nylon monofilament net and so on.
nd trustable for customers at home and aboard . our R&D center is located in Wuchuan, hometown of net in China while the headquarter is in Dongxing, Guangxi. We also have branches in Hanoi, Ho Chi Min city, mong cai, three of which are in Vietnam.
nd sell well both at home and abroad .Welcome to inquire and cooperate. With the tenet of "honesty. responsibility. innovation. and win-win".and in spirit of professionalism we keep developing new techniques and new products ;providing more high quality products and services for our customers .
ant future hand by hand with clients at home and aboard.