The invention discloses a hot rolled steel strip for heat stamping and shaping and a production method thereof. The hot rolled steel strip is prepared from the following components according to mass percent: 0.20 to 0.25% of C, 0.15 to 0.35% of Si, 1.20 to 1.50% of Mn, 0.10 to 0.50% of Cr, less than or equal to 0.020% of P, less than or equal to 0.010% of S, 0.030 to 0.050% of Als, 0.030 to 0.050% of Ti, less than or equal to 0.0060% of N, 0.0020 to 0.0050% of B and Fe and inevitable impurities as the rest. The production method comprises the following steps of pretreating hot metal, smelting with a converter, performing LF refining and slab continuous casting, heating, rolling, cooling and coiling; steel plate components and processes are optimized, slow cooling after rolling is adopted, and the coiling temperature and the coiling tension are set. The problems of casting slab cracks, flat coils and the like are solved, and the steel strip with good mechanical homogeneity for the heat stamping and shaping is obtained.