The invention discloses a direct quenching type yield 800 MPa level structure steel plate and a production method thereof. The steel plate comprises chemical components including, by mass percent, 0.05%-0.09% of C, 0.16%-0.20% of Si, 1.05%-1.15% of Mn, smaller than or equal to 0.01% of P, smaller than or equal to 0.003% of S, 0.015%-0.025% of Nb, 0.45%-0.55% of Cr, 0.3%-0.4% of Ni, 0.001%-0.0015%of B, 0.01%-0.02% of Ti, 0.02%-0.05% of Alt and the balance Fe and inevitable impurities. The production method comprises the procedures of smelting, continuous casting, heating, rolling, online direct quenching and tempering air cooling. The steel plate has the low carbon equivalent and welding crack sensitivity index and excellent low-temperature impact toughness and welding performance and canbe used in the fields such as hydropower stations, ships, ocean platforms and engineering machines.