The shot blasting machine recovery device is an important part of the operation of the shot blasting machine to recover solid particles and reduce environmental pollution. The recovery efficiency of solid particles has an important influence on their processing efficiency and service life. The computational fluid dynamics and discrete element method (CFD-DEM) simulation method is applied to study the gas-solid two-phase flow characteristics and solid particle recovery efficiency of shot pellet recovery unit. The results show that the simulation results of outlet and inlet wind speeds and pressures are in good agreement with the experimental data, which verifies the accuracy of the simulation model. The existence of particle phase divides the recovery pipeline into inner high-speed flow area and outer low-speed flow area, which has little influence on the air flow distribution inside the recovery bin. The results of solid particle recovery efficiency show that with the increase of incident angle, the recovery efficiency of waste particles and shot particles first decreases and then increases, and the recovery efficiency is the lowest when the incident angle is 30°. With the increase of particle formation rate, the efficiency of shot recovery first increases and then decreases. When the particle formation rate is 2000 n/s, the efficiency of shot recovery is the highest, which has little influence on the efficiency of waste recovery.