The troops were entrenched near the mountains.
部队在群山边筑起壕
卫自己。
围绕或保护…；
御设施
;
蚀，侵蚀;The troops were entrenched near the mountains.
部队在群山边筑起壕卫自己。
He entrenched himself behind his newspaper.
他躲在报纸后面。
But if the managers" stockholding ratio is more than or equal to 32.88%, the increasement of the managers" stockholding may raise the agent costs and entrench upon external stockholders.
而如果管理层持股比率大于32.88％，这时增加管理层持股比率会增加公司的代理成本，导致管理层对外部股东的利益侵占。
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