The invention discloses an ultra-low carbon hot-rolled steel plate with good
formability and a manufacturing method thereof. The ultra-low carbon hot-rolled steel plate comprises the following chemical components in percentage by weight: 0.0005-0.004% of C, less than or equal to 0.05% of Si, 0.1-1.0% of Mn, less than or equal to 0.035% of P, 0.015-0.050% of S, less than or equal to 0.010% of Al, less than or equal to 0.005% of N, 0.025-0.055% of O, 0.02-0.10% of Nb, 0.01-0.10% of Cu, 0.01-0.10% of Cr, less than or equal to 0.05% of Ni, less than or equal to 0.05% of Mo and the balance of Fe and other inevitable impurities. The steel plate has good punch forming performance and
aging resistance, the elongation rate of the steel plate is larger than or equal to 40%, the aging index (AI) of the steel plate is smaller than or equal to 45 MPa, the defects of fish scaling, bubbles, pinholes, black spots and the like generated during electrostatic enameling can be completely overcome, and the
machining requirements for
punching,
flanging, cold rolling and the like during
water heater inner container manufacturing, baking tray manufacturing and the like are met.