Wolong and Phoenix refer to: "Pang Tong and Zhuge Liang" in the Three Kingdoms.
Character introduction:
Zhuge Liang (181 AD - October 8, 234 AD), courtesy name Zhuge Kongming, also known as Wolong Mountain (also known as Fulong), Han nationality, Xuzhou A native of Yangdu, Langya City (now Yinan County, Linyi City, Shandong Province), he was the prime minister of the Shu Kingdom during the Three Kingdoms period. He was an outstanding thinker, strategist, essayist, famous calligrapher, and scientist. When he was still alive, he was titled Wuxiang Marquis, and after his death, he was posthumously named Zhongwu Marquis. The Jin Dynasty political party could specifically title him Wuxing King because of his national defense ability. His representative works of short essays include "The Master's Guide" and "The Book of Commandments".
Pang Tong (179-214), courtesy name Shiyuan and nickname Fengchu, was born in Wuhan, Jingzhou City (now Xiangyang City, Hubei Province) during the Han Dynasty. During the Three Kingdoms period, he was a key strategist under Emperor Liu's command, and he served as the same officer as Zhuge Liang during the Three Kingdoms period and worshiped the counselor Zhonglang General. He went to Sichuan with Uncle Liu Huang, and when Uncle Liu Huang and Liu Zhang broke up, he proposed three strategies from top to bottom, and Uncle Liu used them. During the siege of Luoxian County, Pang Tong led his army to attack the city and captured the territory. He died tragically at the age of thirty-six. He was posthumously granted the title of Marquis of Guannei, with the posthumous title of Jinghou. Later, the place where Pang Tong was buried was named Luofengpo.
Related explanation
Wolong and Phoenix, an internet buzzword, originally refers to the talents Zhuge Liang and Pang Tong in "The Romance of the Three Kingdoms".
But since the current "talent" sometimes does not refer to real "talent", "crouching dragon and phoenix chick" also has a teasing meaning. Sometimes it means teasing the other person for being too showy and silly, sometimes it means saying To make a remark in reverse, to ridicule the other party for being too weak.
Reference for the above content: Baidu Encyclopedia - Crouching Dragon and Phoenix Chick