@~ is a coercion application.
Angle brackets denote the reflexive compulsion of their contained type with the role indicated by the underlined letter.
Thus, <Nat.Flip x_ap0H>_N is a proof of equality that Nat.Flip x_apH is equal to the value of Nat.Flip x_apH (as equal types of not only equal representations).
PS has a lot of arguments. We look at the $WPS smart constructor, and we see that the first two are types x and y respectively. We have evidence that the argument to the constructor is Flip x (in this case, we have Flip x ~ Even . Then we have the proofs x ~ Flip y and y ~ Flip x . The final argument is the value ParNat x .
Now I will pass the first class of type Nat.ParNat x_aIX ~# Nat.ParNat 'Nat.Odd
Let's start with (Nat.ParNat ...)_R This is a type constructor application. He raises the proof x_aIX ~# 'Nat.Odd to Nat.ParNat x_aIX ~# Nat.ParNat 'Nat.Odd . R means that this means that it means that the types are isomorphic but not the same (in this case they are the same, but we do not need this knowledge to perform the translation).
Now we consider the main part of the proof (dt1_dK7 ; (Nat.Flip (dt2_dK8 ; Sym dt_dK6))_N; Nat.TFCo:R:Flip[0]) . ; means transitivity, that is, apply this evidence in order.
dt1_dK7 is proof x_aIX ~# Nat.Flip y_aIY .
If we look at (dt2_dK8 ; Sym dt_dK6) . dt2_dK8 shows y_aIY ~# Nat.Flip x_aIX . dt_dK6 is of type 'Nat.Even ~# Nat.Flip x_aIX . So, Sym dt_dK6 is of type Nat.Flip x_aIX ~# 'Nat.Even and (dt2_dK8 ; Sym dt_dK6) is of type y_aIY ~# 'Nat.Even
Thus, (Nat.Flip (dt2_dK8 ; Sym dt_dK6))_N is proof that Nat.Flip y_aIY ~# Nat.Flip 'Nat.Even .
Nat.TFCo:R:Flip[0] is the first flip rule, which is Nat.Flip 'Nat.Even ~# 'Nat.Odd' .
Putting them together, we get (dt1_dK7 ; (Nat.Flip (dt2_dK8 ; Sym dt_dK6))_N; Nat.TFCo:R:Flip[0]) has type x_aIX #~ 'Nat.Odd .
The second more complex composition is a little more difficult to develop, but should work on the same principle.