The invention discloses a data processing method based on a link management table. According to the invention, the design of constructing two paths of HASH is adopted; determining a first hash value and a second hash value corresponding to the target address information; according to the method and the device, the first index value corresponding to the first hash value and the index information corresponding to the first index value can be determined through the first hash value and the second hash value, so that the connection information, corresponding to the index information, in the storage pool can be processed, and one-time HASH conflict judgment can be completed in two clock periods. Visibly, the method provided by the invention has the advantages that the judgment completion time of the HASH conflict can be accelerated; meanwhile, the problem that the conflict judgment time of the traditional design is uncontrollable is solved; moreover, due to the design of constructing two paths of HASH, the index value and the connection information of the information required for maintaining the concurrent connection are separately stored, and the use of resources is reduced, so that the resources required for concurrent link management are reduced, and the access rate is improved.