The invention discloses a surfacing electrode for repairing a hot forged mould, which uses a low-carbon steel H08A core wire conforming to the GB/T3429 requirement. The solid component quality content of coating is as follows: 30-40% of marble, 12-20% of fluorite, 1.5-3% of zircon sand, 0-2% of soda ash, 2-5% of silicon epitaxy material, 1-3% of titanium white, 0-3% of flogopite, 1-2% of rare earth fluoride, 3-7% of manganese metal, 2-5% of ferrosilicon, 4-6% of ferrotitanium, 4-8% of chromium metal, 4-8% of ferromolybdenum, 6-12% of metallic nickel and 1-2% of aluminium magnesium alloy. The invention has favorable welding rod performance, smooth welding rod surface, high yield and stable eccentricity; electric arc is easy to ignite and is stable to burn; coating is even to melt, a welding line is attractive in shape, and slag is easy to clean; and a deposition metal weld metal buildup has moderate welding state hardness which reaches the requirements of the hot forged mould, thus improving the service life cycle of the hot forged mould.