Promotion
Noun, する verb, and の adjective
しょうしん
「聞いて聞いて、昇進したんだ！」「本当？すごいね！おめでとう！」
"Guess what? I got a promotion at work!" "Really? That’s awesome! Congrats!"
Ascend and advance! Congratulations, you ascend and advance by getting a new job promotion.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.