The utility model discloses a top pin with exhaust structure, including mould and top pin, and mould is set up and is used for inserting the needle hole channel of inserting in top pin, and the needle hole channel is vertically arranged, and the upper opening of needle hole channel is formed with first cooperation bevel, and the inner wall of needle hole channel is set up with exhaust groove, and the upper end of exhaust groove is penetrated to first cooperation bevel, and the lower end is penetrated to the lower surface of mould, the top of top pin is equipped with the top head that protrudes outward, and the bottom edge of top head is formed with second cooperation bevel, and second cooperation bevel is matched with first cooperation bevel, and top pin is movably inserted in needle hole channel, and exhaust gap is formed between second cooperation bevel and first cooperation bevel, and the gap size of exhaust gap is 0.05mm 0.08mm, and the outer wall of top pin and exhaust groove are surrounded and form exhaust hole channel, and exhaust hole channel is communicated with exhaust gap, and forms exhaust structure. Optimize exhaust structure, reduce the influence of negative pressure when ejection, make the product ejection process more smooth, reduce the probability of product being damaged by ejection.