Stand-density management and fertilization practices are the main two factors affecting bamboo-shoot yield. However, the appropriate density and fertilization rates are still unclear for improving the bamboo-shoot yield and its economic benefits, especially for a high economic value bamboo-shoot forest. To fill this gap, we conducted a two-year split-plot design experiment in a Chimonobambusa pachystachys shoot forest. The main plots were assigned to five density rates, 40,000, 50,000, 60,000, 70,000, and 100,000 culms ha−1, and the subplots were assigned to four fertilization rates (nitrogen:phosphorus:potassium = 23:3:15): 0, 820, 1640, and 2460 kg ha−1 a−1. Results showed that the bamboo-shoot yield increased first and then decreased with stand density, while it increased with fertilization rates. Density management and fertilization regulate bamboo-shoot yield by changing the soil’s Olsen P, available nitrogen, organic matter, and available potassium contents. The maximum bamboo-shoot yield was 9315.92 kg ha−1, which appeared in the density of 60,000 culms ha−1 and the fertilization of 2460 kg ha−1 a−1. However, the maximum bamboo-shoot net profit was 135,242.63 CNY ha−1, which appeared at the density of 60,000 culms ha−1 and the fertilization of 1640 kg ha−1 a−1. The economic-benefit analysis shows that density management achieves a net-profit growth comparable to fertilizer application at a much lower cost. The study results provide a basis for the scientific management of C. pachystachys shoot forests and bamboo farmers to improve their income.