An environment-friendly high temperature low oxygen hot blast furnace belongs to the technical field of hot blast furnaces in the metallurgy industry. The invention comprises a hot blast furnace, shut-off valves, regulating valves, a gas flue for the hot blast furnace, a combustion air pipeline for the hot blast furnace, a gas flue for a combustion furnace, a combustion air fan for the combustion furnace, a combustion air pipeline for the combustion furnace, the combustion furnace, a high temperature flue for the combustion furnace, a gas mixing furnace, a gas mixing pipeline, a low temperature flue, a flue gas pressing machine, flues for the hot blast furnace, a low temperature preheating system, a gas main from a pipe network, a combustion air main and a combustion air fan for the hot blast furnace. The hot blast furnace has the following advantages: the hot blast furnace is suitable for different metallurgical technological processes, can be used in combination with various combustion air and gas low temperature preheating devices, fully recover the flue gas waste heat and further improve the heat efficiency, and realizes high blast temperature, high efficiency, environment friendliness and long life.