The invention relates to a paper cutting/receiving machine, which comprises a paper conveying/cutting part, a paper receiving part and a transverse output belt (34), wherein the paper conveying/cutting part comprises a paper cutting foot (14), a paper cutting wallboard (11), a reversing gear (26), a paper drawing shaft (9), a paper pressing strip crossbar (31), a paper pressing strip (32), a round cutter (29), a round cutter gear (30), a servo motor (10), a reversing gear (26), a first short bridge axle (24), a second short bridge axle (25), a chain (28) with a paper conveying rubber roller, a bridge axle (16), a transmission bridge axle variable-frequency motor (13), a transmission paper drawing shaft chain (12), a longitudinal splitting cutter shaft (17), a longitudinal splitting cutter (22), a chain (23) with a longitudinal splitting cutter shaft, an upper photoelectric switch (21) and a lower photoelectric switch (18); and the paper receiving part comprises a paper receiving foot (7), a paper receiving wallboard (3), a seam (1), a seam mounting strip (33), a paper receiving chain (2), a paper receiving chain wheel shaft (4), a paper receiving chain wheel (5) and a transmission paper receiving shaft variable-frequency motor (6). Through the invention, the single-corrugated paper formed by a single-corrugated machine or roll paper is cut off and then automatically stacked.