The invention discloses online hot pressed composite panel production equipment which comprises a drier, a dedustor, a distributor, a single screw extruder, a full-automatic multi-layer coextrusion clothes rack die head, a multi-roll calender, a slow cooling rack, a defect detector, a thickness detector, a temperature equalizer, a precise temperature hot press, a traction mulch applicator, an edge cutting traction machine, a transverse cutting machine and a manipulator. A production process of the online hot pressed composite panel comprises the specific steps: S1, material selection; S2, drying; S3, material supply; S4, hot melting; S4, extrusion calendaring forming; S6, cooling and detection; S7, temperature control and hot pressing; and S8, tailoring and stacking. According to the online hot pressed composite panel production equipment and the production process thereof, one material is used and is primarily calendered and formed, so that the manufacturing process is simple, the production efficiency is high, the overall cost is low, the environment is little in influence, and the product is good in transmittance.