Literature Reference: 朋，朋友也；豫，安也。——《说文解字》 Peng means friend; Yu means peace. Source from 'Shuowen Jiezi'.
朋: Friend, kind and amiable. When used in personal names, it often signifies a person who is gentle, kind, easy to get along with, and adept at making connections, thereby enhancing one's social fortune.
豫: Joy, happiness.
Meaning: Peng Yu symbolizes harmonious friendships and a peaceful life.