Literature Reference: Bing means to hold; Rong means arms. Source from 'Shuowen Jiezi'.
秉: To uphold and preside. In a name, it often signifies the meaning of adhering to one's beliefs, maintaining one's integrity, and being upright in character.
戎: Arms; weapons. Symbolizing sharpness, keenness, and triumph.
Meaning: Holding the reins of military power, symbolizing leadership and responsibility.