The invention discloses a high-chromium chromium-molybdenum steel plate and a production method thereof. The steel plate is composed of the following components in percentage by weight: 0.09%-0.15% of C, 0.5%-0.90% of Si, 0.30%-0.60% of Mn, at most 0.007% of P, at most 0.005% of S, 8.00%-10% of Cr, 0.90%-1.1% of Mo, at most 0.20% of Cu, 0.05%-0.10% of Ni, at most 0.003% of Sb, at most 0.005% of Sn, at most 0.012% of As, and the balance of Fe and inevitable impurities. The production method comprises the following steps: smelting and die casting, heating and rolling, and heat treatment. The high-chromium chromium-molybdenum steel plate satisfies the requirements of high strength, high toughness and high processability for domestic power equipment industry, and can be widely used for manufacturing of domestic power equipment. The steel plate has the advantages of favorable cold bending property, no cracking in the material manufacturing process, and favorable resilience.